Steep Rock Arts Association Co
- Assets
- $15.5k
- Revenue
- $32.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Greenwich, CT
- Founding
- Data as of
- 12/2022
- EIN
- 20-3065933
Organization Overview
Steep Rock Arts Association Co is located in Greenwich, CT. According to its NTEE Classification (A90) the organization is classified as: Arts Services, 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. Steep Rock Arts Association Co 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, Steep Rock Arts Association Co generated $32.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $41.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (19.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES EMERGING VISUAL ARTISTS & CURATORS TIME & SPACE TO DEVELOP & EXPLORE THEIR WORK IN A SUPPORTIVE, THRIVING, ARTISTIC ENVIRONMENT. RESIDENCY, STUDIO SPACE AND A STIPEND TO COVER ART MATERIALS ARE PROVIDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erika Klauer President | 3 | $0 | |
Linda Norden Vice President | 0.5 | $0 | |
Marianne Boesky Treasurer | 0.5 | $0 | |
Sima Familant Secretary | 0.5 | $0 | |
William Von Mueffling Asst Secretary | 0.5 | $0 | |
Hannah Buchan Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $32,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $17,793 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,756 |
| Total operating and administrative expenses | $31,084 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $41,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $15,500 |
| Total assets | $15,505 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Steep Rock Arts Association Co has awarded $38,100 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ATSUSHI KAGA PURPOSE: STIPEND | $8,500 |
HAYLEY BARKER PURPOSE: STIPEND | $10,000 |
SIOBHAN LIDDEL PURPOSE: STIPEND | $9,600 |
KENNY RIVERO PURPOSE: STIPEND | $10,000 |