Hopkinton Center For The Arts
- Assets
- $2.5m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 20
- Location
- Hopkinton, MA
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 27-2588125
Organization Overview
Hopkinton Center For The Arts is located in Hopkinton, MA. The organization was established in 2011. 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, Hopkinton Center For The Arts employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopkinton Center For The Arts 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, Hopkinton Center For The Arts generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 12.3% 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
THE HCA IS A DYNAMIC NON-PROFIT ARTS CENTER THAT OFFERS A WIDE VARIETY OF CLASSES AND EVENTSIN VISUAL ARTS, THEATER, MUSIC, FILM AND DANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTS RELATED FACILITIES USE-SPACE RENTALS FOR ARTS CLASSES, REHEARSALS, ART SHOWINGS ANDPRIVATE LESSONS.
CLASSES AND WORKSHOPS IN VISUAL AND PERFORMING ARTS.
EXHIBITIONS AND EVENTS - ARTISAN BOUTIQUES AND SHOWCASES, SPECIAL PERFORMANCES AND ART GALLERY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Grill Executive Director | Officer | 40 | $68,089 |
James Valis Director | OfficerTrustee | 0 | $0 |
Janet Ceddia Board Chairman | OfficerTrustee | 0 | $0 |
Rebecca Robak Secretary | OfficerTrustee | 0 | $0 |
Amy Cafazzo Director | Trustee | 0 | $0 |
Christine Chapman Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $14,925 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $856,799 |
| Noncash contributions included in lines 1a–1f | $61,143 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $879,224 |
| Total Program Service Revenue | $642,864 |
| Investment income | $510 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $105,072 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,697,840 |
| 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. | $68,088 |
| Compensation of current officers, directors, key employees. | $23,150 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $354,553 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $52,513 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,689 |
| Advertising and promotion | $49,392 |
| Office expenses | $18,249 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $57,838 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,099 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $175,127 |
| Insurance | $26,781 |
| All other expenses | $73,357 |
| Total functional expenses | $1,197,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $509,523 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $72,536 |
| 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 | $8,596 |
| Net Land, buildings, and equipment | $1,949,800 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,540,455 |
| Accounts payable and accrued expenses | $88,267 |
| Grants payable | $0 |
| Deferred revenue | $75,679 |
| 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 | $97,766 |
| Unsecured mortgages and notes payable | $350,200 |
| Other liabilities | $4,331 |
| Total liabilities | $616,243 |
| Net assets without donor restrictions | $1,912,915 |
| Net assets with donor restrictions | $11,297 |
| 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 | $2,540,455 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Hopkinton Center For The Arts has recieved totaling $72,387.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $34,733 |
Roessner Family Foundation Harwich Port, MA PURPOSE: CHARITABLE | $15,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,980 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: ARTS AND CULTURE | $10,000 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $1,525 |
Herrman Family Charitable Foundation Framingham, MA PURPOSE: GENERAL CHARITABLE PURPOSES | $105 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
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 |
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 |
The Arts Connection Inc New York, NY | $2,703,336 | $4,972,330 |
Alliance For Young Artists & Writers Inc New York, NY | $7,496,330 | $3,366,982 |
Marquis Studios Ltd Brooklyn, NY | $2,435,475 | $3,259,805 |
The Katharine Hepburn Cultural Arts Center Inc Old Saybrook, CT | $3,859,540 | $4,355,262 |