Long Meadow Art Residency Inc
- Assets
- $1.2m
- Revenue
- $419.2k
- Investments
- $0.0
- Employees
- 0
- Location
- New Marlborough, MA
- Founding
- Data as of
- 12/2022
- EIN
- 86-4002324
Organization Overview
Long Meadow Art Residency Inc is located in New Marlborough, MA. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Long Meadow Art Residency 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, Long Meadow Art Residency Inc generated $419.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (29.7%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENRICH AND ADVANCE THE CREATIVE TRAJECTORY OF AN ARTIST (SEE SCHEDULE O)TO ENRICH AND ADVANCE THE CREATIVE TRAJECTORY OF AN ARTIST BY PROVIDING THEM AN INSPIRING AND SUPPORTIVE ENVIORNMENT FREE FROM DISTRACTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LONG MEADOW ARTS RESIDENCY ("LMAR") IS A PLACE WHERE ARTISTS FROM DIVERSE BACKGROUNDS CREATE AND PRACTICE THEIR CRAFT OF DRAWING, PAINTING, SCULPTURE, MOSAIC, PHOTOGRAPHY, FILM, VIDEO, OR INTERDISCIPLINARY PRACTICES AND BEYOND. THE GOAL ATTAINED DURING THE RESIDENCY IS TO PROVIDE ASPIRING ARTISTS THE OPPORTUNITY TO LIVE AND WORK OUTSIDE OF THEIR USUAL HOME SPACE, AFFORDING THEM TIME FOR REFLECTION, RESEARCH, DISCOVERY, AND FOCUS IN A STRESS-FREE ENVIRONMENT IN ORDER TO EMERGE ACCOMPLISHED IN THEIR CREATIONS. THIS SUPPORTS THE IMPASSIONED ARTIST'S QUALITY OF LIFE AND CAREER DEVELOPMENT IN ALL CREATIVE DISCIPLINES. (SEE SCHEDULE O). THE LOCATION WAS SPECIFICALLY CHOSEN FOR THE SPECTACULAR LANDSCAPE OF ROLLING HILLS, LAKES, AND FARMS DRAWING UPON THE DEEP HISTORY OF ART AND CREATIVITY. THE BERKSHIRES, HOME TO A MYRIAD OF ART, THEATER, DANCE, MUSIC, FILM AND HISTORIC SITES AND KNOWN FOR ITS NATURAL BEAUTY AND EASE OF USE IS HOME TO ICONIC LOCATIONS SUCH AS TANGLEWOOD FOR MUSIC AND JACOB'S LADDER FOR MODERN DANCE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Feldman Chairman | OfficerTrustee | 1 | $0 |
Jennifer Feldman Vice - Chairman | OfficerTrustee | 1 | $0 |
Adam Altman Treasurer | OfficerTrustee | 1 | $0 |
William Howard Secertary | OfficerTrustee | 1 | $0 |
Adam Cohen Director | Trustee | 1 | $0 |
Courtney Kremers Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $419,144 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $419,144 |
| Total Program Service Revenue | $0 |
| Investment income | $37 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $419,181 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $18,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,751 |
| Fees for services: Accounting | $12,640 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,000 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,442 |
| Travel | $0 |
| 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 | $5,445 |
| Insurance | $2,245 |
| All other expenses | $0 |
| Total functional expenses | $45,023 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,874 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $50,000 |
| 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 | $1,142,255 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,223,129 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,223,129 |
| Total liabilities and net assets/fund balances | $1,223,129 |