Form 990 for tax year 2023
Filed by STAMFORD CENTER FOR THE ARTS INC.
Totals
- Total revenue
- $6,233,157
- Total expenses
- $6,808,456
- Contributions and grants received
- $1,281,912
- Grants paid
- $0
- Program service revenue
- $4,845,544
- Investment income
- $105,701
- Other revenue
- $0
- Total assets, end of year
- $18,803,094
- Total liabilities, end of year
- $2,348,067
- Net assets or fund balances, end of year
- $16,455,027
- Program services expenses (Part IX)
- $5,925,700
- Management and general expenses
- $666,679
- Fundraising expenses
- $216,077
- Program service expenses (Part III)
- $5,925,700
Program services were 87.0% 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.
-
1c · Fundraising events
$127,688
-
1e · Government grants (contributions)
$833,507
-
1f · All other contributions, gifts and grants
$320,717
-
2a · Program service revenue: TICKET SALE EVENTS
total $2,075,911 · related or exempt $2,075,911
-
2b · Program service revenue: RENTALS AND REIMBURSEM
total $1,901,866 · related or exempt $1,901,866
-
2c · Program service revenue: BOX OFFICE SERVICE REV
total $327,904 · related or exempt $327,904
-
2d · Program service revenue: CONCESSION
total $287,381 · related or exempt $287,381
-
2e · Program service revenue: FACILITY CHARGES
total $252,482 · related or exempt $252,482
-
3 · Investment income
total $105,701 · excluded $105,701
-
8a · Fundraising events: gross income
$118,598
-
8a · Fundraising events: contributions included on line 1c
$127,688
-
8b · Fundraising events: direct expenses
$118,598
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $519,444 · program services $348,157 · management and general $134,283 · fundraising $37,004
-
7 · Other salaries and wages
total $1,195,720 · program services $801,430 · management and general $309,110 · fundraising $85,180
-
9 · Other employee benefits
total $284,656 · program services $239,577 · management and general $33,747 · fundraising $11,332
-
10 · Payroll taxes
total $127,061 · program services $89,090 · management and general $28,796 · fundraising $9,175
-
11g · Fees: other
total $393,668 · program services $374,987 · management and general $14,530 · fundraising $4,151
-
12 · Advertising and promotion
total $288,396 · program services $279,235 · fundraising $9,161
-
14 · Information technology
total $178,657 · program services $156,007 · management and general $8,910 · fundraising $13,740
-
16 · Occupancy
total $347,477 · program services $316,204 · management and general $24,323 · fundraising $6,950
-
20 · Interest
total $62,788 · program services $57,137 · management and general $4,395 · fundraising $1,256
-
22 · Depreciation, depletion and amortization
total $1,055,923 · program services $960,889 · management and general $73,916 · fundraising $21,118
-
24a · Other expenses: ARTIST FEES AND RELATED
total $2,078,464 · program services $2,078,464
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $133,173 · program services $121,188 · management and general $9,322 · fundraising $2,663
-
24c · Other expenses: CONCESSION EXPENSE
total $73,252 · program services $73,252
-
24d · Other expenses: MISCELLANEOUS EXPENSE
total $61,071 · program services $30,083 · management and general $25,347 · fundraising $5,641
-
24e · All other expenses
total $8,706 · fundraising $8,706
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,446,093 · end of year $2,795,639
-
2 · Savings and temporary cash investments
beginning of year $1,779,944 · end of year $1,062,956
-
4 · Accounts receivable
beginning of year $354,768 · end of year $109,616
-
9 · Prepaid expenses and deferred charges
beginning of year $23,507 · end of year $140,614
-
10a · Land, buildings and equipment: cost or other basis
$40,601,976
-
10b · Land, buildings and equipment: accumulated depreciation
$25,907,707
-
10c · Land, buildings and equipment, net
beginning of year $15,465,243 · end of year $14,694,269
-
17 · Accounts payable and accrued expenses
beginning of year $369,329 · end of year $439,115
-
19 · Deferred revenue
beginning of year $337,342 · end of year $604,629
-
23 · Secured mortgages and notes payable
beginning of year $1,332,558 · end of year $1,304,323
-
27 · Net assets without donor restrictions
beginning of year $15,563,548 · end of year $14,966,908
-
28 · Net assets with donor restrictions
beginning of year $1,466,778 · end of year $1,488,119
Mission and programs · 2023
Mission
TO ENTERTAIN, EDUCATE AND ENRICH THE DIVERSE POPULATION OF STAMFORD, AND FAIRFIELD COUNTY.
-
THEATER OPERATIONS RENTALS AND EVENTS - THE RICH FORUM FACILITY IS LEASED FOR TELEVISION PROGRAMMING AND THE PALACE FACILITY IS RENTED TO VARIOUS GROUPS TO PROVIDE LIVE ENTERTAINMENT. VARIOUS CULTURAL AND THEATRICAL EVENTS ARE PRESENTED.
Expenses $5,791,089 · Revenue $4,845,544
-
EDUCATION - AN EDUCATION PROGRAM IS CONDUCTED WHICH INVOLVES PEOPLE OF DIFFERENT AGES AND SOCIOECONOMIC BACKGROUNDS IN CULTURAL PROGRAMS, AND PROVIDES THEM WITH THE OPPORTUNITY TO EXPERIENCE FIRST HAND THE EXCITEMENT OF THE PERFORMING ARTS BY ALLOWING THEM TO ATTEND THEATRICAL PRODUCTIONS, ATTEND SUMMER CAMPS AND BY HAVING ARTISTS VISIT LOCAL SCHOOLS AND COMMUNITY CENTERS.
Expenses $134,611
As filed on the 2023 return.
Listed in Part VII
-
Caroline SimmonsCAROLINE SIMMONS
CHAIRMAN EX-OFFICIO
- Total calculated
- $0
- Hours/week
- 1
-
Sheryl Y BattlesSHERYL Y BATTLES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Greg CaggainelloGREG CAGGAINELLO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kelly TrahanKELLY TRAHAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Tracie WilsonTRACIE WILSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael P ByrneMICHAEL P BYRNE
VP - STRATEGIC PLANNING
- Total calculated
- $0
- Hours/week
- 1
-
Peter M GabrielPETER M GABRIEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Barbara ZichichiBARBARA ZICHICHI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan E LipschutzJONATHAN E LIPSCHUTZ
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Peter C RugenPETER C RUGEN
VICE PRESIDENT- SPECIAL AF
- Total calculated
- $0
- Hours/week
- 1
-
Nancy ErskineNANCY ERSKINE
VICE PRESIDENT-GOVERNANCE
- Total calculated
- $0
- Hours/week
- 1
-
Christopher MozingoCHRISTOPHER MOZINGO
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Tina MazzulloTINA MAZZULLO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Janeen FreemanJANEEN FREEMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Susanne McAvoySUSANNE MCAVOY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Martin I KaganMARTIN I KAGAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alice KnappALICE KNAPP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Janine SchlierfJANINE SCHLIERF
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Barry MoniesBARRY MONIES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael E Moran JrMICHAEL E MORAN JR
PRESIDENT AND CEO
- Total calculated
- $214,127
- From this org
- $214,127
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $205,858
- Bonus
- $8,269
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $214,127
-
Jason PietrangeliJASON PIETRANGELI
CHIEF FINANCIAL OFFICER
- Total calculated
- $158,783
- From this org
- $158,783
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $152,840
- Bonus
- $5,943
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $158,783
-
Randall ThomasRANDALL THOMAS
DIRECTOR OF PRODUCTION & F
- Total calculated
- $146,534
- From this org
- $146,534
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 3 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500609349300215
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