NonprofitsFive Points Center For The Visual Arts Inc

Arts, Culture & Humanities

Five Points Center For The Visual Arts Inc

TORRINGTON, CT

Total revenue

$1.5M

Total expenses

$935K

Net assets

$4.4M

Grants received

$383K

30 grants

EIN

461555586

Tax year

2024

Mission

Five Points Arts' mission is to champion and nurture artists at all stages of their careers and to empower a diverse community through the presentation of inspiring exhibitions and educational initiatives.

Programs

2 programs

The Five Points Launchpad supports emerging artists by providing affordable shared studio spaces above Five Points Gallery. In addition to workspace, the initiative offers a mentorship program, a serious arts community, gallery management experience and a Five Points Gallery exhibition opportunity.

Expenses: $19K

The Five Points Annex, an expansion of the Five Points Launchpad program, is an affordable community pop-up gallery managed by the Launchpad artists.

Expenses: $4K

Financials

FY 2024

Revenue

Contributions & grants$1.2M
Program service revenue$136K
Investment income$118K
Other revenue$62K
Total revenue$1.5M

Expenses

Grants paid
Salaries & benefits$484K
Fundraising$72K
Other expenses$452K
Total expenses$935K
Total assets$4.4M
Net assets$4.4M

People

10 listed

NameRoleCompensation

Judith McElhone

Executive Dir.

Board

$51K

40 hrs/wk

Ricardo J Reyes

Director

Board

1 hrs/wk

Joe Gitterman

Secretary

Board

1 hrs/wk

Mark Malaspina

Director

Board

1 hrs/wk

Anna Webersen

Director

Board

1 hrs/wk

Mark Cavagnero

Director

Board

1 hrs/wk

Lisa Coleman

Director

Board

1 hrs/wk

Eric Forstmann

President

Board

2 hrs/wk

Sally Van Doren

Vice President

Board

2 hrs/wk

Christopher Wilson

Treasurer

Board

2 hrs/wk

Grants received

Showing 30 of 30

FromAmountPurposeYear
$20K
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$10K
GENERAL OPERATING SUPPORT
2023
$8K
PUBLIC, SOCIETAL BENEFIT
2023
$7K
Program Support
2023
$5K
Fourth installment in sponsorship of the Lounge at the Five Points Arts Center on University Drive in Torrington.
2023
$30K
GRANT IS FOR DONEE'S EXEMPT PURPOSE
2022
$17K
CT CULTURAL FUND OPE
2022
$11K
Program Support
2022
$10K
CULTURE & ARTS
2022
$5K
To provide funding for the second installment for sponsorship of the Lounge at the Five Points Arts Center on University Drive in Torrington.
2022
$3K
To sponsor the "Weather or Not" art installation at Five Points Center for the Visual Arts.
2022
$3K
To assist in funding (4) six week art workshops for developmentally disabled individuals.
2022
$35K
CT CULTURAL FUND OPE
2021
$30K
GRANT IS FOR DONEE'S EXEMPT PURPOSE
2021
$18K
Support Gummer Exhibit
2021
$8K
CULTURE & ARTS
2021
$5K
Second installment in sponsorship of the Lounge at the Five Points Arts Center on University Drive in Torrington.
2021
$3K
To fund the purchase of one desktop iMac 27.
2021
$50K
TO TRANSFORM A FORMER COLLEGE CAMPUS INTO A CENTER FOR THE VISUAL ARTS
2020
$20K
GRANT IS FOR DONEE'S EXEMPT PURPOSE
2020
$13K
Virtual Program Support
2020
$5K
To provide funding for the establishment of an Arts Center and Art Park on the former University of Connecticut Torrington Regional Campus.
2020
$10K
Support for Main St Location
2019

Funded by

$383K from 10 funders · 30 grants · 2018–2024

The Joseph And Robert Cornell

$80K · 3 grants · 2020–2022

Northwest Connecticut Community

$58K · 5 grants · 2019–2023

Connecticut Humanities Council Inc

$52K · 2 grants · 2021–2022

Eugene V And Clare E Thaw

$50K · 1 grant · 2020

National Philanthropic Trust

$38K · 3 grants · 2021–2023

The Connecticut Community Foundation

$35K · 5 grants · 2018–2022

Jpmorgan Chase Foundation

$30K · 2 grants · 2023–2024

Thomaston Savings Bank Foundation Inc

$28K · 7 grants · 2020–2023

Details

EIN461555586
NTEE codeA40
Subsection03
Ruling date2014-09
Formed2012
Employees11
Volunteers70
FIVE POINTS CENTER FOR THE VISUAL ARTS INC — Mission, Financials & Grants Received | Grantivo