FINE ARTS WORK CENTER IN PROVINCETOWN INC

EIN: 042487373 501(c)(3) Arts, Culture & Humanities

PROVINCETOWN, MA

Total Revenue
$2,697,710
Total Expenses
$2,800,134
Total Assets
$8,820,196
Net Assets
$6,886,514
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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
MA
Principal Officer
SHARON POLLI
Phone
5084879960
Tax Period
2024-10-01 to 2025-06-30

FINE ARTS WORK CENTER IN PROVINCETOWN INC, founded in 1971, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.7M in total revenue in fiscal year 2024. Net assets of $6.9M represent 31 months of operating reserves.

Mission

THE FINE ARTS WORK CENTER IS AN ARTIST-LED ORGANIZATION BASED IN PROVINCETOWN AND CONNECTED TO THE WORLD. WE SUPPORT ARTISTIC FREEDOM, NURTURE CREATIVE CONNECTIONS, AND MAKE POSSIBLE ARTISTIC ACHIEVEMENTS IMPORTANT TO THE LARGER CULTURE.

Program Service Accomplishments

Program 1
Expenses: $580,546 Revenue: $240,634

SUMMER PROGRAM: WITH MORE THAN 60 WEEK-LONG WORKSHOPS OFFERED BY MANY OF THE MOST RENOWNED WRITERS AND ARTISTS WORKING TODAY, THIS YEAR'S SUMMER WORKSHOP PROGRAM PRESENTS CLASSES IN POETRY, FICTION...

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SUMMER PROGRAM: WITH MORE THAN 60 WEEK-LONG WORKSHOPS OFFERED BY MANY OF THE MOST RENOWNED WRITERS AND ARTISTS WORKING TODAY, THIS YEAR'S SUMMER WORKSHOP PROGRAM PRESENTS CLASSES IN POETRY, FICTION, MEMOIR, NONFICTION, PAINTING, DRAWING, PRINTMAKING, SCULPTURE, PHOTOGRAPHY AND MIXED MEDIA, AS WELL AS A NEW MASTER PRINTER SERIES. THE PROGRAM HAS EXPANDED TO INCLUDE CLASSES IN PRINTMAKING, PERFORMANCE ART, VIDEO, AND SONGWRITING. COURSES ARE OFFERED AT ALL LEVELS AND WITH AN INTENSIVE COMMITMENT TO DIVERSITY OF EXPRESSION. A WRITING LAB AND THE VISUAL ART STUDIOS ARE OPEN, AROUND THE CLOCK, CREATING AN ARTISTICALLY DYNAMIC ENVIRONMENT WITH OPPORTUNITIES FOR COMPLETE IMMERSION IN THE CREATIVE PROCESS.

Program 2
Expenses: $717,385 Revenue: $45,000

FELLOWSHIP PROGRAM: SEVEN-MONTH RESIDENCIES FOR EMERGING WRITERS AND ARTISTS: THE FINE ARTS WORK CENTER IS ONE OF THE COUNTRY'S PREEMINENT LONG-TERM RESIDENCIES, OFFERING A UNIQUE FELLOWSHIP PROGRAM...

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FELLOWSHIP PROGRAM: SEVEN-MONTH RESIDENCIES FOR EMERGING WRITERS AND ARTISTS: THE FINE ARTS WORK CENTER IS ONE OF THE COUNTRY'S PREEMINENT LONG-TERM RESIDENCIES, OFFERING A UNIQUE FELLOWSHIP PROGRAM FOR WRITERS AND VISUAL ARTISTS IN THE CRUCIAL EARLY STAGES OF THEIR CAREERS. THE WORK CENTER PROVIDES SEVEN-MONTH FELLOWSHIPS TO TWENTY FELLOWS EACH YEAR IN THE FORM OF LIVING/WORK SPACE AND A MONTHLY STIPEND. RESIDENCIES RUN FROM OCTOBER 1 THROUGH APRIL 30. FELLOWS PURSUE THEIR WORK INDEPENDENTLY IN A DIVERSE AND SUPPORTIVE COMMUNITY OF PEERS WHILE LIVING IN AN AREA OF SPECTACULAR NATURAL BEAUTY. PAST FELLOWS HAVE WON EVERY MAJOR NATIONAL AWARD AND PRIZE, INCLUDING THE PULITZER, MACARTHUR, WHITING, POLLOCK-KRASNER, TIFFANY, PRIX DE ROME, GUGGENHEIM, NATIONAL ENDOWMENT FOR THE ARTS AND NATIONAL BOOK AWARD, PUBLISHING HUNDREDS OF BOOKS AND EXHIBITING IN COUNTLESS MUSEUMS AND GALLERIES WORLDWIDE. FINE ARTS WORK CENTER FELLOWS ARE EXPECTED TO LIVE AND WORK IN PROVINCETOWN DURING THE FELLOWSHIP YEAR. OPTIONAL GROUP ACTIVITIES PROVIDE OPPORTUNITIES TO MEET PROGRAM COMMITTEE MEMBERS, AS WELL AS VISITING ARTISTS AND WRITERS OF NOTE.

Program 3
Expenses: $200,441 Revenue: $76,935

ONLINE WRITING PROGRAM: BUILDING ON THE WORK CENTER'S TRADITION OF CREATIVE EXCELLENCE AND COMMUNITY, 24PEARLSTREET OFFERS AN ENGAGING ONLINE LEARNING EXPERIENCE LED BY NATIONALLY RECOGNIZED POETS...

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ONLINE WRITING PROGRAM: BUILDING ON THE WORK CENTER'S TRADITION OF CREATIVE EXCELLENCE AND COMMUNITY, 24PEARLSTREET OFFERS AN ENGAGING ONLINE LEARNING EXPERIENCE LED BY NATIONALLY RECOGNIZED POETS AND WRITERS. STUDENTS CAN FOCUS ON DOING THEIR BEST WORK UNDER THE GUIDANCE OF EXCEPTIONAL FACULTY, REGARDLESS OF THEIR LOCATION OR SCHEDULE. THE PROGRAM RUNS YEAR ROUND IN THREE GENRES: POETRY, FICTION, AND NONFICTION.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,204,055
Program Service Revenue $421,928
Investment Income $71,727
Other Revenue $0
TOTAL REVENUE $2,697,710

Expense Breakdown

Grants Paid $413,520
Salaries & Benefits $965,953
Fundraising Expenses $259,610
Program Expenses $2,120,625
Other Expenses $1,332,042
TOTAL EXPENSES $2,800,134

Year-over-Year Comparison

2024 2023 Change
Revenue $2,697,710 $2,833,892 0.0%
Expenses $2,800,134 $3,344,274 -0.2%
Net Income $-102,424 $-510,382 -0.8%
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
29
Independent Members
29
Employees
17
Volunteers
48

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
7
$175,848
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON POLLI EXECUTIVE DI 40.00
Officer
$164,645 $11,203 $175,848
NEAL BALKOWITSCH TRUSTEE 0.50
Director
$0 $0 $0
KAREN VAN BERGEN TRUSTEE 0.50
Director
$0 $0 $0
MICHAEL CUNNINGHAM TRUSTEE 0.50
Director
$0 $0 $0
YVETTE DRURY DUBINSKEY TRUSTEE 0.50
Director
$0 $0 $0
ESTHER PASTER GROSSMAN TRUSTEE 0.50
Director
$0 $0 $0
MARIE HOWE TRUSTEE 0.50
Director
$0 $0 $0
ELLIOTT HUNDLEY TRUSTEE 0.50
Director
$0 $0 $0
MAJOR JACKSON VICE PRESIDE 0.50
Officer Director
$0 $0 $0
BRUCE SKILES DANZER JR TRUSTEE 0.50
Director
$0 $0 $0
JEFFREY KATZ TRUSTEE 0.50
Director
$0 $0 $0
GAVIN KENNEDY CLERK 0.50
Officer Director
$0 $0 $0
LYNNE KORTENHAUS PRESIDENT 0.50
Officer Director
$0 $0 $0
JHUMPA LAHIRI TRUSTEE 0.50
Director
$0 $0 $0
PATRICK LENIHAN TRUSTEE 0.50
Director
$0 $0 $0
SHAWN MANDERSON TRUSTEE 0.50
Director
$0 $0 $0
SANDI MCKINLEY TREASURER 0.50
Officer Director
$0 $0 $0
SOPHIE MCMANUS TRUSTEE 0.50
Director
$0 $0 $0
NEAL MINAHAN TRUSTEE 0.50
Director
$0 $0 $0
ANDREW MOCKLER TRUSTEE 0.50
Director
$0 $0 $0
HELEN MOLESWORTH TRUSTEE 0.50
Director
$0 $0 $0
JOHN MURILLO TRUSTEE 0.50
Director
$0 $0 $0
PATRICK NOLAN TRUSTEE 0.50
Director
$0 $0 $0
JACK PIERSON TRUSTEE 0.50
Director
$0 $0 $0
BRYAN RAFANELLI TRUSTEE 0.50
Director
$0 $0 $0
FEDERICO ROA TRUSTEE 0.50
Director
$0 $0 $0
DUANE SLICK VICE PRESIDE 0.50
Officer Director
$0 $0 $0
JAMES EVERTT STANLEY TRUSTEE 0.50
Director
$0 $0 $0
CAROL WARSHAWSKY VICE PRESIDE 0.50
Officer Director
$0 $0 $0
MARK WUNDERLICH TRUSTEE 0.50
Director
$0 $0 $0
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
2025 $2,697,710 $2,800,134 $8,820,196 $-102,424
2024 No data No data No data No data
2023 $3,051,629 $2,599,676 $8,527,011 $451,953
2022 $2,504,885 $2,309,037 $7,826,223 $195,848
2021 $1,914,761 $1,530,379 $8,485,564 $384,382
2020 $1,424,060 $1,730,038 $7,630,415 $-305,978
2019 $1,824,873 $1,833,042 $7,513,229 $-8,169
2018 $3,546,682 $1,744,618 $7,546,128 $1,802,064
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