Village Center for the Arts Inc

EIN: 061325983 501(c)(3)

New Milford, CT

Total Revenue
$341,705
Total Expenses
$395,547
Total Assets
$163,396
Net Assets
$28,950
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
CT
Principal Officer
Jayson Roberts
Phone
8603544318
Tax Period
2025-01-01 to 2025-12-31

Village Center for the Arts Inc, founded in 2009, is a small nonprofit that reported $342K in total revenue in fiscal year 2025. Revenue decreased 9% compared to the prior year. Expenses of $396K exceeded revenue, resulting in a 16% operating deficit.

Mission

Art studio. The studios mission is to provide a nurturing environment for artistic creativity and development through educational fine art.

Program Service Accomplishments

Program 1
Expenses: $156,095 Revenue: $208,725

Program service revenue is derived through art class fees, camp fees, after school camp fees and sales of art supplies. The classes, camp and general outreach are the primary means by which the...

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Program service revenue is derived through art class fees, camp fees, after school camp fees and sales of art supplies. The classes, camp and general outreach are the primary means by which the studio accomplishes its cultural and educational purpose. These programs supplement and support direct charitable programs that are not self supporting.

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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 (2025)

Revenue Breakdown

Contributions & Grants $129,324
Program Service Revenue $208,725
Investment Income $3,656
Other Revenue $0
TOTAL REVENUE $341,705

Expense Breakdown

Grants Paid $15,499
Salaries & Benefits $235,971
Fundraising Expenses $0
Program Expenses $156,095
Other Expenses $144,077
TOTAL EXPENSES $395,547

Year-over-Year Comparison

2025 2024 Change
Revenue $341,705 $373,739 -0.1%
Expenses $395,547 $386,845 +0.0%
Net Income $-53,842 $-13,106 +3.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
7
Employees
12
Volunteers
100

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
0
$0
Total Directors
8
$75,863
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ben Grinnell Chairman 0.50
Director
$0 $0 $0
Kasey Beckendorf Treasurer 0.75
Director
$0 $0 $0
Pauline Assenza Secretary 0.75
Director
$0 $0 $0
Jill Sabin Garner Director 0.50
Director
$0 $0 $0
Jayson C Roberts Director 0.50
Director
$72,113 $0 $72,113
Tamara Sachs MD Director 0.50
Director
$0 $0 $0
Joe DiGuiseppi Director 0.50
Director
$3,750 $0 $3,750
Lucy Zamarano Director 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 $341,705 $395,547 $163,396 $-53,842
2024 No data No data No data No data
2023 $306,637 $366,330 $218,665 $-59,693
2022 $315,445 $345,790 $278,326 $-30,345
2021 $335,594 $219,388 $303,471 $116,206
2020 $152,552 $169,625 $86,260 $-17,073
2019 $315,279 $308,549 $68,660 $6,730
2018 $282,457 $264,383 $58,227 $18,074
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