RANGELEY FRIENDS OF THE PERFORMING ARTS INC

EIN: 010385416 501(c)(3)

Rangeley, ME

Total Revenue
$285,608
Total Expenses
$205,545
Total Assets
$1,421,117
Net Assets
$1,334,165
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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
ME
Principal Officer
VALERIE ZAPOLSKY
Phone
2078645520
Tax Period
2023-01-01 to 2023-12-31

RANGELEY FRIENDS OF THE PERFORMING ARTS INC is a 501(c)(3) with EIN 010385416, based in Rangeley, ME. Founded in 1983, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $285,608 in total revenue and $205,545 in total expenses, with net assets of $1,334,165.

Mission

PROVIDE PERFORMING ARTS TO RANGELEY REGION

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $152,527
Program Service Revenue $69,924
Investment Income $24,073
Other Revenue $39,084
TOTAL REVENUE $285,608

Expense Breakdown

Grants Paid $0
Salaries & Benefits $70,332
Fundraising Expenses $0
Other Expenses $135,213
TOTAL EXPENSES $205,545

Year-over-Year Comparison

2023 2022 Change
Revenue $285,608 $273,824 +0.0%
Expenses $205,545 $87,298 +1.4%
Net Income $80,063 $186,526 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
9
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
11
$0
Key Employees
1
$50,360
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VALERIE ZAPOLSKY PRESIDENT 4.00
Officer
$0 $0 $0
REV TONY MACNAUGHTON VICE PRESIDENT 4.00
Officer
$0 $0 $0
KEN MCDAVITT TREASURER 4.00
Officer
$0 $0 $0
JEFF ZAPOLSKY SECRETARY 4.00
Officer
$0 $0 $0
ROWENNA HATHAWAY SECRETARY 4.00
Officer
$0 $0 $0
ADRIAN HEATLEY BOARD MEMBER 4.00
Director
$0 $0 $0
MILLIE HOEKSTRA BOARD MEMBER 4.00
Director
$0 $0 $0
DONALD MANTOVANI BOARD MEMBER 4.00
Director
$0 $0 $0
JOHN HOOPER BOARD MEMBER 4.00
Director
$0 $0 $0
MARY BROWN BOARD MEMBER 4.00
Director
$0 $0 $0
AMANDA CHRISTIAN BOARD MEMBER 4.00
Director
$0 $0 $0
CAROLYN SMITH BOARD MEMBER 4.00
Director
$0 $0 $0
JANE DONOVAN BOARD MEMBER 4.00
Director
$0 $0 $0
DEBBY HIGGINS BOARD MEMBER 4.00
Director
$0 $0 $0
JIM HIGGINS BOARD MEMBER 4.00
Director
$0 $0 $0
VIRGINIA MACFAWN BOARD MEMBER 4.00
Director
$0 $0 $0
DIANE BELLINGTON EXECUTIVE DIRECTOR 20.00
Key Emp Highest
$50,360 $0 $50,360
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $285,608 $205,545 $1,421,117 $80,063
2022 $273,824 $87,298 $1,340,988 $186,526
2021 $259,225 $159,008 $1,153,954 $100,217
2020 $241,635 $133,224 $1,046,663 $108,411
2019 $226,743 $180,909 $875,268 $45,834
2018 $238,447 $245,123 $829,467 $-6,676
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