Form 990 for tax year 2024
Filed by THE SOCIETY OF ARTS AND CRAFTS.
Totals
- Total revenue
- $163,371
- Total expenses
- $295,914
- Contributions and grants received
- $116,141
- Grants paid
- $39,500
- Program service revenue
- $35,183
- Investment income
- $12,047
- Other revenue
- $0
- Total assets, end of year
- $218,668
- Total liabilities, end of year
- $12,058
- Net assets or fund balances, end of year
- $206,610
- Program services expenses (Part IX)
- $198,237
- Management and general expenses
- $62,962
- Fundraising expenses
- $34,715
- Program service expenses (Part III)
- $198,237
Program services were 67.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$10,800
-
1f · All other contributions, gifts and grants
$105,341
-
2a · Program service revenue: PROGRAM SERVICE REVENUE
total $35,183 · related or exempt $35,183
-
3 · Investment income
total $12,047 · excluded $12,047
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $39,500 · program services $39,500
-
5 · Compensation of officers, directors and key employees
total $95,764 · program services $76,610 · management and general $9,577 · fundraising $9,577
-
7 · Other salaries and wages
total $12,841 · program services $250 · management and general $8,216 · fundraising $4,375
-
10 · Payroll taxes
total $6,097 · program services $3,658 · management and general $1,890 · fundraising $549
-
11c · Fees: accounting
total $30,320 · management and general $30,320
-
11g · Fees: other
total $62,084 · program services $56,478 · management and general $5,095 · fundraising $511
-
12 · Advertising and promotion
total $5,249 · fundraising $5,249
-
13 · Office expenses
total $16,974 · program services $6,001 · management and general $1,044 · fundraising $9,929
-
14 · Information technology
total $2,053 · program services $468 · fundraising $1,585
-
16 · Occupancy
total $6,944 · program services $4,166 · management and general $2,153 · fundraising $625
-
23 · Insurance
total $8,494 · program services $5,097 · management and general $2,633 · fundraising $764
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $2,889 · program services $1,950 · management and general $547 · fundraising $392
-
24b · Other expenses: BANK FEES
total $2,374 · program services $56 · management and general $1,159 · fundraising $1,159
-
24c · Other expenses: VENUE TICKETS AND SPEAKER
total $2,159 · program services $2,159
-
24d · Other expenses: CATERING & HOSPITALITY
total $1,844 · program services $1,844
-
24e · All other expenses
total $328 · management and general $328
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $75,705 · end of year $53,307
-
2 · Savings and temporary cash investments
beginning of year $216,835 · end of year $140,327
-
3 · Pledges and grants receivable
beginning of year $69,272 · end of year $24,740
-
9 · Prepaid expenses and deferred charges
beginning of year $294 · end of year $294
-
10a · Land, buildings and equipment: cost or other basis
$76,403
-
10b · Land, buildings and equipment: accumulated depreciation
$76,403
-
17 · Accounts payable and accrued expenses
beginning of year $21,023 · end of year $12,058
-
19 · Deferred revenue
beginning of year $1,930
-
27 · Net assets without donor restrictions
beginning of year $309,804 · end of year $175,465
-
28 · Net assets with donor restrictions
beginning of year $29,349 · end of year $31,145
Mission and programs · 2024
Mission
THE MISSION OF THE SOCIETY OF ARTS AND CRAFTS IS TO SUPPORT EXCELLENCE IN CRAFTS BY ENCOURAGING THE CREATION, COLLECTION, AND CONSERVATION OF THE WORK OF CRAFT ARTISTS AND BY EDUCATING AND PROMOTING PUBLIC APPRECIATION OF FINE CRAFTSMANSHIP. TO FULFILL OUR MISSION, THE SOCIETY SPONSORS EXHIBITIONS, AWARD PROGRAMS AND EDUCATIONAL PROGRAMMING. WE ALSO PROMOTE THE WORK OF OVER 400 CRAFT ARTISTS IN OUR VIRTUAL GALLERY ON AN ONGOING BASIS.
-
CRAFTBOSTON ON THE MOVE ALLOWS THE SOCIETY OF ARTS AND CRAFT TO PARTNER WITH OTHER LOCAL ARTS ORGANIZATION SUCH AS MUSEUMS, SCHOOLS, AND CRAFT ORGANIZATIONS TO HIGHLIGHT THE VARIOUS CRAFTS AND ARTISTS WITHIN THE COMMUNITY. THE CENTRAL FOCUS OF THE PROGRAM IS TO WORK WITH DIFFERENT ORGANIZATIONS REPRESENTING UNDERSERVED COMMUNITIES AND TO EMPHASIZE THE WORK OF LOCAL ARTISTS IN LARGER INSITUTIONS.
Expenses $158,737 · Revenue $5,724
-
THE ORGANIZATION, THROUGH A PARTNERSHIP WITH THE MINECK FELLOWSHIP FOR FURNITURE ARTS AND THE JUMPSTARTER CRAFT INNOVATION PROGRAM AWARDS GRANTS TO APPLICANTS THROUGH VARIOUS JURIED CALLS FOR ENTRY, EACH CENTERED ON A SPECIFIC CRAFT DISCIPLINE SUCH AS JEWELRY AND ADORNMENT, WOODWORK, OR CERAMICS.
Expenses $39,500 · Grants $39,500 · Revenue $29,459
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Marcia YoungMARCIA YOUNG
EXECUTIVE DI
- Total calculated
- $95,762
- From this org
- $95,762
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Lorraine BresslerLORRAINE BRESSLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeannine FalinoJEANNINE FALINO
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 10
-
Lynne Francis-LunnLYNNE FRANCIS-LUNN
TREASURER
- Total calculated
- $0
- Hours/week
- 20
-
Aspen GolannASPEN GOLANN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Katina LeodasKATINA LEODAS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 20
-
Judith ObermayerJUDITH OBERMAYER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Queen Allotey- PappoeQUEEN ALLOTEY- PAPPOE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Gary RobertsGARY ROBERTS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Lois RussellLOIS RUSSELL
CLERK
- Total calculated
- $0
- Hours/week
- 5
-
Josephine StealeyJOSEPHINE STEALEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Tracy SteepyTRACY STEEPY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Martin WiceMARTIN WICE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 6 June 2025
- IRS schema version
- 2024v5.0
- Source object
- 202541639349300134
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