Nashua Community Arts is located in Nashua, NH. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nashua Community Arts is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Nashua Community Arts generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $26.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FINANCIAL ASSISTANCE TO THE NASHUA PERFORMING ARTS CENTER OWNED BY THE CITY OF NASHUA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING FOR THE NEW COMMUNITY ARTS CENTER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Judith Carlson Secretary | OfficerTrustee | 2 | $0 |
Anthony Engaldo Treasurer | OfficerTrustee | 2 | $0 |
Richard Lannan President | OfficerTrustee | 2 | $0 |
Deborah Novotny Vice Preside | OfficerTrustee | 2 | $0 |
Marylou Blaisdell Trustee | Trustee | 1 | $0 |
Andrew Curioso Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,149,158 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,149,158 |
Total Program Service Revenue | $0 |
Investment income | $13 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $14,217 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,163,388 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,111 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $22,115 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $571 |
All other expenses | $0 |
Total functional expenses | $26,923 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $145,222 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $959,004 |
Accounts receivable, net | $2,912 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,107,138 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $1,107,138 |
Total liabilities and net assets/fund balances | $1,107,138 |
Over the last fiscal year, we have identified 4 grants that Nashua Community Arts has recieved totaling $82,250.
Awarding Organization | Amount |
---|---|
Vanguard Charitable Endowment Program Southeastern, PA PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE | $38,500 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $35,750 |
Hullinger Family Foundation Tooele, UT PURPOSE: SUPPORT FOR NATIVE AMERICAN ARTS | $4,000 |
Hullinger Family Foundation Tooele, UT PURPOSE: SUPPORT FOR NATIVE AMERICAN ARTS | $4,000 |
Organization Name | Assets | Revenue |
---|---|---|
Vertex Foundation Inc Boston, MA | $5,076,822 | $15,007,934 |
Rogerson Communities Boston, MA | $47,463,639 | $10,337,482 |
St Boniface Haiti Foundation Inc Newton, MA | $12,232,493 | $9,069,662 |
North East Kingdom Community Action Inc Newport, VT | $4,712,717 | $8,659,895 |
Western Maine Community Action Inc East Wilton, ME | $2,655,425 | $7,908,915 |
Vermont Catholic Charities Inc So Burlington, VT | $11,749,456 | $8,050,691 |
Ascentria Care Alliance Inc Worcester, MA | $12,644,548 | $6,382,762 |
Midcoast Maine Community Action Bath, ME | $8,784,018 | $7,409,207 |
Blue Cross Blue Shield Of Mass Fd Inc For Expanding Healthcare Acces Boston, MA | $90,427,148 | $18,784,406 |
Tri-Valley Transit Inc Middlebury, VT | $10,601,188 | $7,100,109 |
Project Just Because Inc Hopkinton, MA | $2,325,974 | $6,343,027 |
Perfect Seas Foundation Inc Boston, MA | $119,536,921 | $20,594,764 |