The Arts Guild Of Old Forge Inc
- Assets
- $9.0m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 23
- Location
- Old Forge, NY
- Founding
- 01/1973
- Data as of
- 12/2021
- EIN
- 16-1001728
Organization Overview
The Arts Guild Of Old Forge Inc is located in Old Forge, NY. The organization was established in 1973. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Arts Guild Of Old Forge Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts Guild Of Old Forge Inc 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, Arts Guild Of Old Forge Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $1.2m 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
THE ARTS GUILD OF OLD FORGE, INC.(DBA VIEW)IS A YEAR-ROUND ARTS CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS ACTIVITIES INCLUDING WORKSHOPS, GALLERY SHOWINGS, REGIONAL ART SHOWS, LECTURES, PERFORMANCES AND ADIRONDACK EXHIBITS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Salsbury President | Officer | 40 | $99,000 |
Bernadette Sunderlin Director Of Operations/cfo | Officer | 40 | $64,367 |
Mary Duross Vice Chair | OfficerTrustee | 5 | $0 |
Samuel Crocker Treasurer/vice Chair | OfficerTrustee | 5 | $0 |
Kathryn Ruscitto Chair | OfficerTrustee | 5 | $0 |
Ann Costello Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $132,679 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $193,374 |
| All other contributions, gifts, grants, and similar amounts not included above | $307,541 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $633,594 |
| Total Program Service Revenue | $350,061 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $40,270 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $67,772 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $28,216 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,138,409 |
| 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. | $166,967 |
| Compensation of current officers, directors, key employees. | $34,437 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $340,084 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,249 |
| Payroll taxes | $32,250 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $275 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,134 |
| Fees for services: Other | $53,714 |
| Advertising and promotion | $33,015 |
| Office expenses | $13,315 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,324 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $267,147 |
| Insurance | $26,533 |
| All other expenses | $36,495 |
| Total functional expenses | $1,231,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $475,046 |
| Savings and temporary cash investments | $11,037 |
| Pledges and grants receivable | $247,833 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $21,023 |
| Prepaid expenses and deferred charges | $4,290 |
| Net Land, buildings, and equipment | $7,939,377 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $347,638 |
| Total assets | $9,046,244 |
| Accounts payable and accrued expenses | $40,837 |
| Grants payable | $0 |
| Deferred revenue | $131,239 |
| 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 | $160,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $332,076 |
| Net assets without donor restrictions | $8,621,462 |
| Net assets with donor restrictions | $92,706 |
| 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 | $9,046,244 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that The Arts Guild Of Old Forge Inc has recieved totaling $129,587.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Herkimer And Oneida Counties Inc Utica, NY PURPOSE: CAPITAL, INFRASTRUCTURE - BUILDING, RENOVATIONS, GENERAL SUPPORT, INDIVIDUAL DEVELOPMENT, PROGRAM SUPPORT | $107,083 |
Rochester Area Community Foundation Rochester, NY PURPOSE: FOR GENERAL SUPPORT | $6,284 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $6,125 |
Glenn And Carol Pearsall Adirondack Foundation Inc Johnsburg, NY PURPOSE: USED TO PURCHASE A PULP BEATER, PAPER PRESS, PAPER MOLD FRAME, ADDITIONAL MATERIALS FOR PAPER MAKING, INSTRUCTOR FEES AND MARKETING. | $5,000 |
Glenn And Carol Pearsall Adirondack Foundation Inc Johnsburg, NY PURPOSE: USED TO PURCHASE A PULP BEATER, PAPER PRESS, PAPER MOLD FRAME, ADDITIONAL MATERIALS FOR PAPER MAKING, INSTRUCTOR FEES AND MARKETING. | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $95 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Production Industrial Tech Textile & Prof Employees Loc 124 Wlfr Fund Valhalla, NY | $838,103 | $5,998,825 |
Lily Auchincloss Foundation Inc New York, NY | $46,827,043 | $6,935,321 |
Solow Art And Architecture Foundation New York, NY | $241,786,081 | $29,285,009 |
Municipal Art Society Of New York New York, NY | $12,093,728 | $3,370,052 |
The Wildenstein Plattner Institute New York, NY | $1,898,409 | $4,064,152 |
Drawing Center Inc New York, NY | $11,094,197 | $3,697,448 |
Conservation Center For Art And Historic Artifacts Philadelphia, PA | $4,515,696 | $3,186,711 |
Clay Studio Philadelphia, PA | $16,944,971 | $9,873,164 |
Van Alen Institute Projects In Public Architecture Brooklyn, NY | $44,490,814 | $3,072,994 |
Urbanglass New York Contemporary Glass Center Inc Brooklyn, NY | $1,687,992 | $2,437,335 |
American Institute Of Architects New York, NY | $10,952,534 | $3,079,461 |
Manchester Craftsmens Guild Pittsburgh, PA | $15,522,345 | $4,460,670 |