Westfield Arts Collective
- Assets
- $9.0m
- Revenue
- $179.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Westfield, NJ
- Founding
- Data as of
- 12/2022
- EIN
- 87-1500559
Organization Overview
Westfield Arts Collective is located in Westfield, NJ. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westfield Arts Collective 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 12/2022, Westfield Arts Collective generated $179.6k in total revenue. All expenses for the organization totaled $247.6k during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
- CLOSED ON PURCHASE OF RIALTO BUILDING (AUGUST 2022)- HOSTED ADDAMSFEST OCTOBER 2022 MONTH LONG SERIES OF EVENTS INCLUDING PREMIER OF NETFLIX SHOW WEDNESDAY- PARTNERED WITH ARTIST RICARDO ROIG TO HOST ROIG RETROSPECTIVE EXHIBIT - ART SHOW FEATURING WORK FROM RICARDO ROIG- COMMISSIONED LARGE MURAL TO BE PAINTED ON BACK OF THE RIALTO BY ARTIST OLGA MUZICIAN (FUNDED IN PART BY A UNION COUNTY MURAL GRANT)- COLLABORATED WITH DOWNTOWN WESTFIELD CORPORATION ON IMPROVEMENTS MADE TO EXTERIOR SURROUNDINGS OF THE RIALTO BUILDING (FUNDED BY MAINSTREET GRANT)
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn Mackey Board Director | Trustee | 2 | $0 |
Michele Modestino Board Director | Trustee | 2 | $0 |
Sal Caruana Board Director | Trustee | 2 | $0 |
Cheryl Marks Young Board Director | Trustee | 2 | $0 |
Nancy Gleason Board Director | Trustee | 2 | $0 |
Bill Crandall Board Director | Trustee | 2 | $0 |
Financial Statements
| 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 | $93,547 |
| Noncash contributions included in lines 1a–1f | $56,667 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,547 |
| Total Program Service Revenue | $1,926 |
| Investment income | $75,427 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,710 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $179,610 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| 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 | $12,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $54,125 |
| Advertising and promotion | $278 |
| Office expenses | $1,572 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $56,701 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $56,667 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,408 |
| Insurance | $8,449 |
| All other expenses | $0 |
| Total functional expenses | $247,624 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $35,851 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,590 |
| 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 | $4,050,336 |
| Investments—publicly traded securities | $4,930,394 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,048,171 |
| Accounts payable and accrued expenses | $53,255 |
| 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 | $4,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,000 |
| Total liabilities | $4,059,255 |
| Net assets without donor restrictions | $4,988,916 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $9,048,171 |