NEW ART CENTER IN NEWTON INC (FKA) NEWTON ARTS CENTER INC

EIN: 042800804 501(c)(3) Arts, Culture & Humanities

NEWTONVILLE, MA

Total Revenue
$1,531,654
Total Expenses
$1,904,955
Total Assets
$1,082,723
Net Assets
$-4,040
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
MA
Principal Officer
CHRISTINA AN
Phone
6179643424
Tax Period
2024-07-01 to 2025-06-30

NEW ART CENTER IN NEWTON INC (FKA) NEWTON ARTS CENTER INC, founded in 1975, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2024. Expenses of $1.9M exceeded revenue, resulting in a 24% operating deficit.

Mission

THE ORGANIZATION'S PURPOSE IS TO ORGANIZE AND SPONSOR INSTRUCTIONAL CLASSES AND ACTIVITIES IN THE FINE ARTS FOR THE CITY OF NEWTON AND THE SURROUNDING COMMUNITIES, AND TO HAVE EXHIBITIONS OF LOCAL ARTISTS' WORKS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $444,361
Program Service Revenue $1,073,568
Investment Income $6,610
Other Revenue $7,115
TOTAL REVENUE $1,531,654

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,159,415
Fundraising Expenses $345,478
Program Expenses $855,591
Other Expenses $745,540
TOTAL EXPENSES $1,904,955

Year-over-Year Comparison

2024 2023 Change
Revenue $1,531,654 $1,610,575 0.0%
Expenses $1,904,955 $1,935,031 0.0%
Net Income $-373,301 $-324,456 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
26
Independent Members
26
Employees
112
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
$113,503
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EMILY O'NEIL EXECUTIVE DI 40.00
Officer
$113,503 $0 $113,503
NANCY BAUER BOARD MEMBER 1.00
Director
$0 $0 $0
ESTHER DEZUBE BOARD MEMBER 1.00
Director
$0 $0 $0
HAPPY FARROW BOARD MEMBER 1.00
Director
$0 $0 $0
GEETI GANGAL BOARD MEMBER 1.00
Director
$0 $0 $0
MAI HANLON BOARD MEMBER 1.00
Director
$0 $0 $0
ALISON HONG BOARD MEMBER 1.00
Director
$0 $0 $0
CARYN IZHAR BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL KAUFMAN BOARD MEMBER 1.00
Director
$0 $0 $0
DEWEY NICHOLS DEVELOPMENT 1.00
Director
$0 $0 $0
ROBERTA MARTONE PAVIA BOARD MEMBER 1.00
Director
$0 $0 $0
KATE PLOUSSIOS CLERK 1.00
Director
$0 $0 $0
JOELLE TOMB BOARD MEMBER 1.00
Director
$0 $0 $0
MIRA GENSER WOODS BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTINA AN EXECUTIVE DI 1.00
Officer
$0 $0 $0
MARIA BUNKER CLERK 1.00
Officer
$0 $0 $0
ROBIN HICKS PRESIDENT 1.00
Officer
$0 $0 $0
KRISTEN FRANKS PERULLO VICE PRESIDE 2.00
Officer
$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 $1,531,654 $1,904,955 $1,082,723 $-373,301
2024 No data No data No data No data
2024 $1,610,594 $1,935,027 $1,369,953 $-324,433
2023 $2,036,213 $2,067,100 $1,764,981 $-30,887
2022 $1,774,490 $1,601,329 $1,825,314 $173,161
2021 $1,220,357 $1,132,866 $1,108,480 $87,491
2020 $1,263,225 $1,139,778 $897,936 $123,447
2019 $1,209,375 $1,218,159 $704,710 $-8,784
2018 $1,228,938 $1,343,780 $698,580 $-114,842
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