Sterling & Francine Clark Art Inst

Organization Overview

Sterling & Francine Clark Art Inst is located in Williamstown, MA. The organization was established in 1951. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2020, Sterling & Francine Clark Art Inst employed 177 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Sterling & Francine Clark Art Inst generated $26.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $27.8m during the year ending 06/2020. While expenses have increased by 0.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O FOR RESEARCH AND ACADEMIC PROGRAMS ACCOMPLISHMENTS.


SEE SCHEDULE O FOR MUSEUM PROGRAM ACCOMPLISHMENTS.


SEE SCHEDULE O FOR EDUCATIONAL PROGRAM ACCOMPLISHMENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Securitas Security Sevices
Security Services
$1,294,963
Louis C Allegrone Inc
Cleaning, Caulking, And Repairs
$598,252
Masterpiece International Ltd
Art Transportation
$482,078
Transport Consultants International Inc
Packing, Photos And Transport Of Art
$174,705
J & M Geary Construction Inc
Construction
$238,363
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,151,074
Fundraising events$0
Related organizations$0
Government grants $192,750
All other contributions, gifts, grants, and similar amounts not included above$21,684,465
Noncash contributions included in lines 1a–1f $169,366
Total Revenue from Contributions, Gifts, Grants & Similar$23,028,289
Total Program Service Revenue$1,595,066
Investment income $1,711,788
Tax Exempt Bond Proceeds $0
Royalties $4,066
Net Rental Income $0
Net Gain/Loss on Asset Sales $262,584
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $71,768
Miscellaneous Revenue$0
Total Revenue $26,673,561

Grants Awarded

Over the last fiscal year, Sterling & Francine Clark Art Inst has awarded $38,000 in support to 2 organizations.

Grant RecipientAmount

Pittsfield, MA

PURPOSE: ECONOMIC DEVELOPMENT

$20,000

North Adams, MA

PURPOSE: $18,000 STUDENT EXHIBITION SUPPORT - BIBLIOTHECAPHILIA

$18,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Sterling & Francine Clark Art Inst has recieved totaling $22,564.

Awarding OrganizationAmount
Gulf Coast Community Foundation Inc

Venice, FL

PURPOSE: ARTS & CULTURE

$21,000
Dr Lee Maccormick Edwards Charitable Foundation

Naples, FL

PURPOSE: GENERAL PURPOSES

$1,064
Kurtz Family Foundation Inc

Englewood, NJ

PURPOSE: GENERAL SUPPORT

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$110,863,760
Earnings$1,587,483
Net Contributions$15,068,990
Other Expense$4,169,435
Ending Balance$123,350,798

Peer Organizations

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