Vermont Studio Center Inc is located in Johnson, VT. The organization was established in 1983. 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 12/2022, Vermont Studio Center Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Studio Center 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 12/2022, Vermont Studio Center Inc generated $4.5m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $5.0m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT ARTISTS AND WRITERS BY PROVIDING STUDIO RESIDENCIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR 38 YEARS, VERMONT STUDIO CENTER'S (VSC) MISSION HAS BEEN TO FOSTER CREATIVITY THROUGH COMMUNITY, COLLABORATION, AND QUIET REFLECTION. OVER TIME, IT HAS BECOME ONE OF THE LARGEST INTERNATIONAL ARTISTS AND WRITERS' RESIDENCY PROGRAMS IN THE UNITED STATES. IN 2022, COMING OFF THE HEELS OF THE PANDEMIC, ARTISTS AND WRITERS HAVE NEVER BEEN MORE READY FOR IN-PERSON COLLABORATION AND COMMUNITY. VSC RECEIVED A RECORD NUMBER OF APPLICATIONS FROM OVER 1200 VISUAL ARTISTS AND 730 WRITERS. VSC MET THIS NEED WITH A HYBRID RETURN TO OUR TRIED-AND-TRUE QUALITY IN-PERSON PROGRAMMING AND THE MANY ENHANCED DIGITAL COMMUNITY-BUILDING STRATEGIES WE USED DURING THE PANDEMIC.AFTER A TWO-YEAR PANDEMIC PAUSE, IN-PERSON PROGRAMMING BEGAN WITH RESCHEDULING RESIDENCES DELAYED BY THE PANDEMIC. MANY ARTISTS AND WRITERS ACCEPTED INTO THE PROGRAM IN 2020 CHOSE TO COMPLETE THEIR RESIDENCY IN PERSON LATER RATHER THAN ONLINE. VSC REOPENED TO IN-PERSON RESIDENCIES IN LATE FEBRUARY, OFFERING RESIDENCIES OF TWO-, THREE-, AND FOUR-WEEKS' DURATION YEAR-ROUND, HOSTING 260 RESIDENTS, OF WHICH 5% WERE INTERNATIONAL AND 46% RECEIVED FELLOWSHIP AID. EVERY VSC RESIDENCY WAS ENRICHED WITH A VIBRANT PROGRAM OF READINGS AND ARTISTS PRESENTATIONS BY RESIDENTS, INCLUDING VISITING ARTISTS AND WRITERS WHO ALSO OFFER STUDIO VISITS AND WRITERS' CONFERENCES.THE 2022 VISITING VISUAL ARTISTS PROGRAM HOSTED 21 ACCLAIMED ARTISTS: 10 VIRTUALLY AND 11 IN PERSON AT THE VSC CAMPUS. SOME NOTABLE VISITING ARTISTS IN-PERSON EVENTS INCLUDED TALKS FROM RUBENS GHENOV, DEBRA PRIESTLY, WILLIAM RANSOM, AND DANIELA RIVERA. AS WELL AS TWO NOTABLE VIRTUAL ARTISTS' TALKS BY THE RENOWNED ANTHONY GIOCOLEA AND KARYN OLIVIER. 2022 WAS ALSO EXCITING FOR THE VSC VISUAL ARTISTS PROGRAM AS IT RECEIVED A PRESTIGIOUS NATIONAL ENDOWMENT FOR THE ARTS (NEA) GRANT TO SUPPORT THE CREATIVE INCLUSION FELLOWSHIP FOR VISUAL ARTISTS. THIS PROJECT PROVIDED FOUR FELLOWSHIP AWARDS TO VISUAL ARTISTS FROM THE BIPOC AND LGBTQ+ COMMUNITIES. VSC'S PROJECT WAS AMONG 1,125 PROJECTS ACROSS AMERICA, TOTALING OVER $26.6 MILLION SELECTED DURING THIS SECOND ROUND OF GRANTS FOR ARTS PROJECTS FISCAL YEAR 2022 FUNDING.THE VISITING WRITERS PROGRAM HOSTED 11 ACCLAIMED WRITERS IN 2022: 7 VIRTUALLY AND 4 IN PERSON AT THE VSC CAMPUS. EACH VISITING WRITER OFFERED FEATURED READING AND CRAFT TALKS- WHICH WERE FREE AND OPEN TO THE PUBLIC AND MET INDIVIDUALLY WITH WRITERS IN RESIDENCE DURING THEIR WEEK-LONG VISIT. AN ESTIMATED 307 PEOPLE ATTENDED THE VISITING WRITERS' EVENTS IN 2022. THE VISITING WRITERS' HONORS INCLUDED THE PULITZER PRIZE, NEA GRANTS, THE DONALD HALL POETRY PRIZE, CREATIVE CAPITAL AWARD, AMONG OTHERS, AND THEIR WORK HAS BEEN FEATURED IN PROMINENT LITERARY JOURNALS AND REVIEWED IN THE NEW YORKER MAGAZINE. THE SEVEN (7) VIRTUAL VSC WRITING PROGRAM EVENTS ENGAGED 215 SIGN-UPS. TWO OF THE MOST NOTABLE VIRTUAL EVENTS HOSTED WERE OF POET, PAUL TRAN AND AUTHOR, REBECCA CAROLL. WITH THE SUPPORT OF VSC'S ONGOING PARTNERSHIP WITH THE RONA JAFFE FOUNDATION, SEVEN (7) WOMEN-IDENTIFYING VISITING WRITERS JOINED OUR COMMUNITY THROUGH A GRANT THAT UNDERWRITES THE VISTING WRITERS PROGRAM.THE HYBRID APPROACH OFFERING IN-PERSON AND VIRTUAL COMMUNITIES SERVED VSC WELL IN 2022. VSC'S VIRTUAL PROGRAMMING GAVE 527 ARTISTS AND WRITERS THE OPPORTUNITY TO ENGAGE SOCIALLY AND COLLABORATIVELY FROM THE COMFORT OF HOME OVER THE COURSE OF 2 SESSIONS, EACH 4 WEEKS LONG. CREATIVE IMPERATIVE, AN ONLINE GATHERING SPACE OF VSC ALUMS, HOSTED GUEST SPEAKERS AND ALLOWED AN ONLINE COMMUNITY TO FOSTER CREATIVE CONNECTIONS, CONVERSATION, AND INSPIRATION FUNDED IN PART BY THE BERKSHIRE TACONIC FOUNDATION AND THE MAE PRIVATE FOUNDATION.THE POPULAR "STUDIOS AT VSC" PROGRAM CONTINUED IN 2022. THIS PROGRAM WAS LAUNCHED IN 2021 TO PROVIDE VERMONT ARTISTS AND WRITERS WITH LONG-TERM STUDIO SPACE AT BELOW-MARKET RENT ON OUR CAMPUS ON THE BANKS OF THE GIHON RIVER IN JOHNSON, VT. BENEFITS OF THE PROGRAM INCLUDE 24/7 ACCESS TO PRIVATE, LIGHT-FILLED STUDIOS, WITH ACCESS TO SHARED FACILITIES SUCH AS A SCULPTURE SHOP, KILN, LIBRARY, PRINTING PRESSES, AND COMMON SPACES. THE STUDIOS AT VSC FEEDS THE CREATIVE ECONOMY OF VERMONT, UPLIFTS LOCAL ARTISTS, AND ENRICHES OUR ROLE AS AN INCUBATOR FOR ARTISTS AND WRITERS. 2022 HAD 23 LOCAL ARTISTS AND WRITERS ENROLLED IN THE PROGRAM, AND NEW APPLICATIONS ARE REVIEWED ON A ROLLING BASIS. VSC ALSO OFFERED STUDIO RENTALS TO LOCAL VERMONT ARTISTS ON A FULL-YEAR FELLOWSHIP BASE AND A SUBSIDIZED MONTHLY RENTAL FEE FOR THOSE WHO QUALIFIED FOR FINANCIAL AID.THE VSC'S SCHOOL ARTS PROGRAM, A PARTNERSHIP WITH THE LOCAL SCHOOL DISTRICT, WAS LAUNCHED IN 1992 IN RESPONSE TO BUDGET CUTS THAT THREATENED PROVISION OF ART EDUCATION IN JOHNSON ELEMENTARY SCHOOL (JES). FOR DECADES, VSC RAISED FUNDS TO PROVIDE JES WITH A FULL-TIME SCHOOL ARTS COORDINATOR, THE PRIMARY INSTRUCTOR FOR 235 STUDENTS. THE PROGRAM EXPANDED TO INCLUDE ARTS EDUCATION FOR THE STUDENTS OF GREEN MOUNTAIN TECHNOLOGY AND CAREER CENTER AND LAMOILLE UNION HIGH SCHOOL, A SUMMER CAMP, AND OTHER COMMUNITY-CENTERED ACTIVITIES. RESIDENT ARTISTS AT VSC HAVE PARTICIPATED AS VOLUNTEERS, ASSISTING IN CLASSROOMS AND ART CAMPS. IN 2022, JES AGREED TO TAKE RESPONSIBILITY FOR THE PROGRAM, AND THE VSC SCHOOL ARTS COORDINATOR IS NOW A FULL-TIME SCHOOL DISTRICT EMPLOYEE. THIS IS A REMARKABLE STORY OF VSC'S SUPPORT FOR ARTS EDUCATION, HELPING TO INSPIRE A GENERATION OF LOCAL CHILDREN. AS WE LOOK TO THE FUTURE, VSC IS EXPLORING NEW WAYS TO ENRICH THE EXPERIENCE OF LAMOILLE NORTH SUPERVISORY UNION STUDENTS THROUGH GALLERY AND OPEN STUDIO VISITS WITH THE INTERNATIONAL ARTISTS WHO ARE IN RESIDENCE AT VSC THROUGHOUT THE YEAR.IN SUMMARY, IN 2022, THE VERMONT STUDIO CENTER WELCOMED IN-PERSON RESIDENCY PROGRAMMING BACK TO CAMPUS WHILE ALSO PROVIDING A HYBRID DIGITAL COMMUNITY OF ENGAGEMENT, PROVIDING THE NEED FOR CONNECTION, NETWORKING, AND COLLABORATION THAT IS SO ESSENTIAL TO THE ARTISTIC PROCESS. VSC ENGAGED WITH OUR LOCAL COMMUNITY MEMBERS THROUGH ARTISTS AND WRITERS' EVENTS AND USED THE ARTS TO EMPOWER AND ENRICH THE ARTS FOR OUR NEXT GENERATION OF ARTISTS WITH JOHNSON ELEMENTARY SCHOOL. VSC CONTINUES TO BE A DRIVING FORCE FOR THE CREATIVE SECTOR BOTH INTERNATIONALLY AND IN OUR HOME COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elyzabeth Joy Holford Executive Director | Trustee | 40 | $69,496 |
Jennifer Blair Dtr. Finance & Hr | Trustee | 40 | $111,755 |
Barbara Marks Chair | OfficerTrustee | 1 | $0 |
Sarah Lutz Vice Chair, Secretary | OfficerTrustee | 1 | $0 |
Les Fishman Treasurer | OfficerTrustee | 1 | $0 |
Willard Boepple Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,524,575 |
Noncash contributions included in lines 1a–1f | $60,980 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,524,575 |
Total Program Service Revenue | $2,595,705 |
Investment income | $147,931 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $238,489 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,518,503 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $2,057,625 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $184,928 |
Compensation of current officers, directors, key employees. | $184,928 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $681,299 |
Pension plan accruals and contributions | $24,084 |
Other employee benefits | $103,945 |
Payroll taxes | $68,897 |
Fees for services: Management | $0 |
Fees for services: Legal | $19,123 |
Fees for services: Accounting | $28,695 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $67,365 |
Fees for services: Other | $283,243 |
Advertising and promotion | $42,703 |
Office expenses | $19,961 |
Information technology | $37,067 |
Royalties | $0 |
Occupancy | $732,431 |
Travel | $132,267 |
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 | $260,910 |
Insurance | $61,931 |
All other expenses | $5,624 |
Total functional expenses | $5,007,258 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,030,084 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $61,470 |
Accounts receivable, net | $3,594 |
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 | $22,201 |
Net Land, buildings, and equipment | $6,536,313 |
Investments—publicly traded securities | $6,264,082 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $253,990 |
Total assets | $17,171,734 |
Accounts payable and accrued expenses | $58,492 |
Grants payable | $0 |
Deferred revenue | $291,056 |
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 | $5,900 |
Total liabilities | $355,448 |
Net assets without donor restrictions | $10,033,209 |
Net assets with donor restrictions | $6,783,077 |
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 | $17,171,734 |