Woodstock School Of Art Inc
- Assets
- $3.5m
- Revenue
- $525.4k
- Investments
- $0.0
- Employees
- 17
- Location
- Woodstock, NY
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 22-2319612
Organization Overview
Woodstock School Of Art Inc is located in Woodstock, NY. The organization was established in 0000. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Woodstock School Of Art Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodstock School Of Art 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, Woodstock School Of Art Inc generated $525.4k 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 $588.0k during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ART EDUCATION/APPRECIATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAMS SERVED STUDENTS IN VARIOUS ART CLASSES IN VISUAL MEDIA.WORKSPACE IS PROVIDED FOR ARTISTS. NUMEROUS PEOPLE ATTEND LECTURES & EXHIBITIONS OPEN TO THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nina Doyle Executive Dir. | Officer | 40 | $67,456 |
Scott Clugstone Treasurer | Officer | 0 | $0 |
Bobbi Esmark Secretary | Officer | 0 | $0 |
Nancy Campbell Vice President | Officer | 0 | $0 |
Staats Fasoldt President | Officer | 0 | $0 |
Kate Mcgloughlin Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $135,873 |
| Noncash contributions included in lines 1a–1f | $30,400 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,373 |
| Total Program Service Revenue | $309,302 |
| Investment income | $26,342 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$13,973 |
| Net Income from Fundraising Events | $17,626 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $525,366 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $15,692 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $67,456 |
| Compensation of current officers, directors, key employees. | $33,728 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $122,171 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,200 |
| Payroll taxes | $16,551 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,622 |
| Advertising and promotion | $5,665 |
| Office expenses | $9,091 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,584 |
| Travel | $1,514 |
| 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 | $66,022 |
| Insurance | $19,768 |
| All other expenses | $19,918 |
| Total functional expenses | $587,954 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,703 |
| Savings and temporary cash investments | $205,673 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,247,640 |
| Investments—publicly traded securities | $1,973,153 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $34,600 |
| Total assets | $3,466,769 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,164 |
| Total liabilities | $12,164 |
| Net assets without donor restrictions | $1,438,494 |
| Net assets with donor restrictions | $2,016,111 |
| 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 | $3,466,769 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Woodstock School Of Art Inc has recieved totaling $9,913.
| Awarding Organization | Amount |
|---|---|
Charina Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $2,500 |
Villchur Foundation Woodstock, NY PURPOSE: OPERATING PURPOSES | $2,500 |
Ulster Savings Charitable Foundation Kingston, NY PURPOSE: EXEMPT PURPOSE | $2,100 |
David & Sylvia Teitelbaum Fund Inc Bearsville, NY PURPOSE: SUPPORT OF THE MUSICAL ARTS | $1,000 |
Kvistad Foundation Olivebridge, NY PURPOSE: FINE ARTS | $1,000 |
Ethel M & Orville A Slutzky Family Foundation Hunter, NY PURPOSE: EDUCATIONAL | $500 |
Endowment Analysis
| Beg. Balance | $1,492,469 |
| Earnings | $269,294 |
| Other Expense | $79,188 |
| Ending Balance | $1,682,575 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Manhattan School Of Music New York, NY | $110,734,113 | $63,876,459 |
Franklin Institute Philadelphia, PA | $191,202,786 | $32,040,912 |
Art Students League Of New York New York, NY | $112,886,191 | $14,274,262 |
Saul Steinberg Foundation New York, NY | $2,326,445 | $165,696 |
Studio In A School Association New York, NY | $26,491,871 | $6,228,421 |
Global Disciples Lancaster, PA | $4,481,434 | $6,431,035 |
Harlem School Of The Arts Inc New York, NY | $16,306,795 | $5,380,840 |
Dreamyard Project Inc Bronx, NY | $4,474,380 | $5,509,637 |
Grounds For Sculpture Inc Hamilton, NJ | $36,793,406 | $11,597,062 |
Powerhouse Arts Inc Brooklyn, NY | $187,718,007 | $2,438,930 |
Artists For Humanity Inc Boston, MA | $38,813,967 | $6,181,666 |
American Academy Of Arts And Letters New York, NY | $101,076,393 | $10,417,737 |