Artfarm
- Assets
- $40.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Middletown, CT
- Founding
- 05/2007
- Data as of
- 12/2021
- EIN
- 20-4931656
Organization Overview
Artfarm is located in Middletown, CT. The organization was established in 2007. According to its NTEE Classification (A65) the organization is classified as: Theater, 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. Artfarm 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, Artfarm generated $48.5k 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 (12.4%) each year. All expenses for the organization totaled $36.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.3%) 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
2021
Describe the Organization's Program Activity:
Part 3
COMMUNITY ENSEMBLE WORKSHOPS AND PERFORMANCES.
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,543 |
| Total Program Service Revenue | $26,968 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,511 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,138 |
| Professional fees and other payments to independent contractors | $13,940 |
| Occupancy, rent, utilities, and maintenance | $1,700 |
| Printing, publications, postage, and shipping | $625 |
| Other expenses | $7,393 |
| Total expenses | $36,796 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,700 |
| Other assets | $0 |
| Total assets | $40,700 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,700 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Artfarm has recieved totaling $53.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $53 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Huntington Theatre Company Inc Boston, MA | $85,399,357 | $14,500,477 |
Manhattan Theatre Club Inc New York, NY | $95,784,807 | $15,978,594 |
Hartford Stage Company Hartford, CT | $23,293,519 | $12,254,112 |
Stella Adler Studio Of Acting New York, NY | $5,616,573 | $9,953,377 |
Storyville Center For The Spoken Word Inc New York, NY | $12,362,100 | $12,256,751 |
Second Stage Theatre New York, NY | $62,708,833 | $8,654,071 |
Atlantic Theater Company New York, NY | $26,591,945 | $8,396,675 |
Geva Theatre Center Inc Rochester, NY | $17,333,733 | $8,117,861 |
International Alliance Theatrical Stage Employees & Moving Picture New York, NY | $13,015,937 | $8,762,543 |
Goodspeed Opera House Foundation Inc East Haddam, CT | $32,360,581 | $5,734,785 |
Traditional Culture Reviving Center New York, NY | $4,083,486 | $4,808,947 |
S U Theatre Corporation Syracuse, NY | $3,245,186 | $6,188,452 |