Fort Point Arts Community Inc Of South Boston
- Assets
- $177.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Boston, MA
- Founding
- 01/1981
- Data as of
- 06/2022
- EIN
- 04-2717403
Organization Overview
Fort Point Arts Community Inc Of South Boston is located in Boston, MA. The organization was established in 1981. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Fort Point Arts Community Inc Of South Boston employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Point Arts Community Inc Of South Boston 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 06/2022, Fort Point Arts Community Inc Of South Boston generated $151.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $275.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FORT POINT ARTS COMMUNITY (FPAC) BUILDS CULTURAL VIBRANCY IN BOSTON BY CULTIVATING AN EMPOWERED COMMUNITY OF ARTISTS, ORGANIZATIONS, AND SUPPORTERS. FPAC PROMOTES THE WORK OF OUR ARTISTS TO A BROAD AND DIVERSE AUDIENCE, ADVOCATES FOR ART OPPORTUNITIES, DEVELOPS PERMANENT, AFFORDABLE LIVE-WORK STUDIO SPACE AND ENSURES THAT ART IS AN ESSENTIAL PART OF THE LIFE OF A CREATIVE CITY.
Describe the Organization's Program Activity:
Part 3
ASSEMBLAGE ART SPACE
FPAC GALLERY
ATLANTIC WHARF GALLERY
ASSEMBLAGE ART SPACE
FPAC GALLERY
ATLANTIC WHARF GALLERY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Duane Lucia Director | 4 | $0 | |
Meredith Gisness Director | 4 | $0 | |
Eileen Reistra Director | 4 | $0 | |
Eric Levin Director | 4 | $0 | |
Tony Savarino Director | 4 | $0 | |
Paul Belfanti Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,300 |
| Total Program Service Revenue | $96,077 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $357 |
| Total Revenue | $151,734 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $116,146 |
| Professional fees and other payments to independent contractors | $50,320 |
| Occupancy, rent, utilities, and maintenance | $32,985 |
| Printing, publications, postage, and shipping | $4,941 |
| Other expenses | $71,231 |
| Total expenses | $275,623 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,758 |
| Other assets | $0 |
| Total assets | $177,428 |
| Total liabilities | $100,203 |
| Net assets or fund balances | $77,225 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Fort Point Arts Community Inc Of South Boston has recieved totaling $24,053.
| Awarding Organization | Amount |
|---|---|
Essex County Community Foundation Incorporated Danvers, MA | | $24,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $53 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lower Manhattan Cultural Council Inc New York, NY | $12,296,474 | $4,161,213 |
Vermont Council On The Arts Inc Montpelier, VT | $1,668,560 | $4,418,731 |
Cny Arts Inc Syracuse, NY | $3,639,990 | $4,131,478 |
Artswestchester Inc White Plains, NY | $12,989,925 | $5,051,265 |
Brooklyn Arts Council Brooklyn, NY | $3,792,186 | $4,166,214 |
The Council For Canadian American Relations Inc New York, NY | $2,490,659 | $3,178,474 |
Spaceworks Nyc Inc New York, NY | $311,147 | $269,250 |
Bronx Council On The Arts Inc Bronx, NY | $7,969,070 | $2,295,657 |
Dance Service New York City Inc New York, NY | $6,304,489 | $5,030,876 |
Flushing Council On Culture And The Arts Inc Flushing, NY | $1,674,385 | $1,969,249 |
Vermont Humanities Council Montpelier, VT | $3,523,596 | $2,606,511 |
Greater Hartford Arts Council Incorporated Hartford, CT | $1,934,139 | $1,572,575 |