2023-11-15T11:59:31-06:00 2022-12-31 030327374 MCSOLEY MCCOY & CO 118 TILLEY DRIVE STE 202 SOUTH BURLINGTON VT 05403 990 2022-01-01 222478074 VERMONT STUDIO CENTER INC VERM 8026352727 PO BOX 613 JOHNSON VT 05656 HOPE SULLIVAN EXECUTIVE DIRECTOR 8026352727 2023-11-14 1 HOPE SULLIVAN XXX-XX-XXXX 0 CONNIE FELLION P01875413 8026581808 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z HOPE SULLIVAN PO BOX 613 JOHNSON VT 05656 7007751 0 X WWW.VERMONTSTUDIOCENTER.ORG X 1983 VT SUPPORT ARTISTS AND WRITERS BY PROVIDING STUDIO RESIDENCIES. 15 15 24 21 0 0 4098241 1524575 75175 2595705 452839 386420 61623 11803 4687878 4518503 5300 2057625 0 0 1140265 1063153 0 0 141816 1105729 1886480 2251294 5007258 2436584 -488755 18966980 17171734 242142 355448 18724838 16816286 X TO SUPPORT ARTISTS AND WRITERS BY PROVIDING STUDIO RESIDENCIES IN AN INCLUSIVE INTERNATIONAL COMMUNITY, HONORING CREATIVE WORK AS THE COMMUNICATION OF SPIRIT THROUGH FORM. 0 0 3919893 2057625 2607508 FOR 38 YEARS, VERMONT STUDIO CENTER'S (VSC) MISSION HAS BEEN TO FOSTER CREATIVITY THROUGH COMMUNITY, COLLABORATION, AND QUIET REFLECTION. OVER TIME, IT HAS BECOME ONE OF THE LARGEST INTERNATIONAL ARTISTS AND WRITERS' RESIDENCY PROGRAMS IN THE UNITED STATES. IN 2022, COMING OFF THE HEELS OF THE PANDEMIC, ARTISTS AND WRITERS HAVE NEVER BEEN MORE READY FOR IN-PERSON COLLABORATION AND COMMUNITY. VSC RECEIVED A RECORD NUMBER OF APPLICATIONS FROM OVER 1200 VISUAL ARTISTS AND 730 WRITERS. VSC MET THIS NEED WITH A HYBRID RETURN TO OUR TRIED-AND-TRUE QUALITY IN-PERSON PROGRAMMING AND THE MANY ENHANCED DIGITAL COMMUNITY-BUILDING STRATEGIES WE USED DURING THE PANDEMIC.AFTER A TWO-YEAR PANDEMIC PAUSE, IN-PERSON PROGRAMMING BEGAN WITH RESCHEDULING RESIDENCES DELAYED BY THE PANDEMIC. MANY ARTISTS AND WRITERS ACCEPTED INTO THE PROGRAM IN 2020 CHOSE TO COMPLETE THEIR RESIDENCY IN PERSON LATER RATHER THAN ONLINE. VSC REOPENED TO IN-PERSON RESIDENCIES IN LATE FEBRUARY, OFFERING RESIDENCIES OF TWO-, THREE-, AND FOUR-WEEKS' DURATION YEAR-ROUND, HOSTING 260 RESIDENTS, OF WHICH 5% WERE INTERNATIONAL AND 46% RECEIVED FELLOWSHIP AID. EVERY VSC RESIDENCY WAS ENRICHED WITH A VIBRANT PROGRAM OF READINGS AND ARTISTS PRESENTATIONS BY RESIDENTS, INCLUDING VISITING ARTISTS AND WRITERS WHO ALSO OFFER STUDIO VISITS AND WRITERS' CONFERENCES.THE 2022 VISITING VISUAL ARTISTS PROGRAM HOSTED 21 ACCLAIMED ARTISTS: 10 VIRTUALLY AND 11 IN PERSON AT THE VSC CAMPUS. SOME NOTABLE VISITING ARTISTS IN-PERSON EVENTS INCLUDED TALKS FROM RUBENS GHENOV, DEBRA PRIESTLY, WILLIAM RANSOM, AND DANIELA RIVERA. AS WELL AS TWO NOTABLE VIRTUAL ARTISTS' TALKS BY THE RENOWNED ANTHONY GIOCOLEA AND KARYN OLIVIER. 2022 WAS ALSO EXCITING FOR THE VSC VISUAL ARTISTS PROGRAM AS IT RECEIVED A PRESTIGIOUS NATIONAL ENDOWMENT FOR THE ARTS (NEA) GRANT TO SUPPORT THE CREATIVE INCLUSION FELLOWSHIP FOR VISUAL ARTISTS. THIS PROJECT PROVIDED FOUR FELLOWSHIP AWARDS TO VISUAL ARTISTS FROM THE BIPOC AND LGBTQ+ COMMUNITIES. VSC'S PROJECT WAS AMONG 1,125 PROJECTS ACROSS AMERICA, TOTALING OVER $26.6 MILLION SELECTED DURING THIS SECOND ROUND OF GRANTS FOR ARTS PROJECTS FISCAL YEAR 2022 FUNDING.THE VISITING WRITERS PROGRAM HOSTED 11 ACCLAIMED WRITERS IN 2022: 7 VIRTUALLY AND 4 IN PERSON AT THE VSC CAMPUS. EACH VISITING WRITER OFFERED FEATURED READING AND CRAFT TALKS- WHICH WERE FREE AND OPEN TO THE PUBLIC AND MET INDIVIDUALLY WITH WRITERS IN RESIDENCE DURING THEIR WEEK-LONG VISIT. AN ESTIMATED 307 PEOPLE ATTENDED THE VISITING WRITERS' EVENTS IN 2022. THE VISITING WRITERS' HONORS INCLUDED THE PULITZER PRIZE, NEA GRANTS, THE DONALD HALL POETRY PRIZE, CREATIVE CAPITAL AWARD, AMONG OTHERS, AND THEIR WORK HAS BEEN FEATURED IN PROMINENT LITERARY JOURNALS AND REVIEWED IN THE NEW YORKER MAGAZINE. THE SEVEN (7) VIRTUAL VSC WRITING PROGRAM EVENTS ENGAGED 215 SIGN-UPS. TWO OF THE MOST NOTABLE VIRTUAL EVENTS HOSTED WERE OF POET, PAUL TRAN AND AUTHOR, REBECCA CAROLL. WITH THE SUPPORT OF VSC'S ONGOING PARTNERSHIP WITH THE RONA JAFFE FOUNDATION, SEVEN (7) WOMEN-IDENTIFYING VISITING WRITERS JOINED OUR COMMUNITY THROUGH A GRANT THAT UNDERWRITES THE VISTING WRITERS PROGRAM.THE HYBRID APPROACH OFFERING IN-PERSON AND VIRTUAL COMMUNITIES SERVED VSC WELL IN 2022. VSC'S VIRTUAL PROGRAMMING GAVE 527 ARTISTS AND WRITERS THE OPPORTUNITY TO ENGAGE SOCIALLY AND COLLABORATIVELY FROM THE COMFORT OF HOME OVER THE COURSE OF 2 SESSIONS, EACH 4 WEEKS LONG. CREATIVE IMPERATIVE, AN ONLINE GATHERING SPACE OF VSC ALUMS, HOSTED GUEST SPEAKERS AND ALLOWED AN ONLINE COMMUNITY TO FOSTER CREATIVE CONNECTIONS, CONVERSATION, AND INSPIRATION FUNDED IN PART BY THE BERKSHIRE TACONIC FOUNDATION AND THE MAE PRIVATE FOUNDATION.THE POPULAR "STUDIOS AT VSC" PROGRAM CONTINUED IN 2022. THIS PROGRAM WAS LAUNCHED IN 2021 TO PROVIDE VERMONT ARTISTS AND WRITERS WITH LONG-TERM STUDIO SPACE AT BELOW-MARKET RENT ON OUR CAMPUS ON THE BANKS OF THE GIHON RIVER IN JOHNSON, VT. BENEFITS OF THE PROGRAM INCLUDE 24/7 ACCESS TO PRIVATE, LIGHT-FILLED STUDIOS, WITH ACCESS TO SHARED FACILITIES SUCH AS A SCULPTURE SHOP, KILN, LIBRARY, PRINTING PRESSES, AND COMMON SPACES. THE STUDIOS AT VSC FEEDS THE CREATIVE ECONOMY OF VERMONT, UPLIFTS LOCAL ARTISTS, AND ENRICHES OUR ROLE AS AN INCUBATOR FOR ARTISTS AND WRITERS. 2022 HAD 23 LOCAL ARTISTS AND WRITERS ENROLLED IN THE PROGRAM, AND NEW APPLICATIONS ARE REVIEWED ON A ROLLING BASIS. VSC ALSO OFFERED STUDIO RENTALS TO LOCAL VERMONT ARTISTS ON A FULL-YEAR FELLOWSHIP BASE AND A SUBSIDIZED MONTHLY RENTAL FEE FOR THOSE WHO QUALIFIED FOR FINANCIAL AID.THE VSC'S SCHOOL ARTS PROGRAM, A PARTNERSHIP WITH THE LOCAL SCHOOL DISTRICT, WAS LAUNCHED IN 1992 IN RESPONSE TO BUDGET CUTS THAT THREATENED PROVISION OF ART EDUCATION IN JOHNSON ELEMENTARY SCHOOL (JES). FOR DECADES, VSC RAISED FUNDS TO PROVIDE JES WITH A FULL-TIME SCHOOL ARTS COORDINATOR, THE PRIMARY INSTRUCTOR FOR 235 STUDENTS. THE PROGRAM EXPANDED TO INCLUDE ARTS EDUCATION FOR THE STUDENTS OF GREEN MOUNTAIN TECHNOLOGY AND CAREER CENTER AND LAMOILLE UNION HIGH SCHOOL, A SUMMER CAMP, AND OTHER COMMUNITY-CENTERED ACTIVITIES. RESIDENT ARTISTS AT VSC HAVE PARTICIPATED AS VOLUNTEERS, ASSISTING IN CLASSROOMS AND ART CAMPS. IN 2022, JES AGREED TO TAKE RESPONSIBILITY FOR THE PROGRAM, AND THE VSC SCHOOL ARTS COORDINATOR IS NOW A FULL-TIME SCHOOL DISTRICT EMPLOYEE. THIS IS A REMARKABLE STORY OF VSC'S SUPPORT FOR ARTS EDUCATION, HELPING TO INSPIRE A GENERATION OF LOCAL CHILDREN. AS WE LOOK TO THE FUTURE, VSC IS EXPLORING NEW WAYS TO ENRICH THE EXPERIENCE OF LAMOILLE NORTH SUPERVISORY UNION STUDENTS THROUGH GALLERY AND OPEN STUDIO VISITS WITH THE INTERNATIONAL ARTISTS WHO ARE IN RESIDENCE AT VSC THROUGHOUT THE YEAR.IN SUMMARY, IN 2022, THE VERMONT STUDIO CENTER WELCOMED IN-PERSON RESIDENCY PROGRAMMING BACK TO CAMPUS WHILE ALSO PROVIDING A HYBRID DIGITAL COMMUNITY OF ENGAGEMENT, PROVIDING THE NEED FOR CONNECTION, NETWORKING, AND COLLABORATION THAT IS SO ESSENTIAL TO THE ARTISTIC PROCESS. VSC ENGAGED WITH OUR LOCAL COMMUNITY MEMBERS THROUGH ARTISTS AND WRITERS' EVENTS AND USED THE ARTS TO EMPOWER AND ENRICH THE ARTS FOR OUR NEXT GENERATION OF ARTISTS WITH JOHNSON ELEMENTARY SCHOOL. VSC CONTINUES TO BE A DRIVING FORCE FOR THE CREATIVE SECTOR BOTH INTERNATIONALLY AND IN OUR HOME COMMUNITIES. 3919893 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 60 0 1 24 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 1 1 0 X JENNIFER BLAIR 8026352727 PO BOX 613 JOHNSON VT 05656 ELYZABETH JOY HOLFORD EXECUTIVE DIRECTOR 40.00 X 69496 0 0 JENNIFER BLAIR DTR. FINANCE & HR 40.00 X 111755 0 3677 BARBARA MARKS CHAIR 1.00 X X 0 0 0 SARAH LUTZ VICE CHAIR, SECRETARY 1.00 X X 0 0 0 LES FISHMAN TREASURER 1.00 X X 0 0 0 WILLARD BOEPPLE TRUSTEE 1.00 X 0 0 0 DEBORAH CLEARMAN TRUSTEE (START 2022) 1.00 X 0 0 0 HOWARD EL-YASIN TRUSTEE (START 2022) 1.00 X 0 0 0 MELINDA HACKETT TRUSTEE 1.00 X 0 0 0 MAJOR JACKSON TRUSTEE 1.00 X 0 0 0 MUSA MAYER TRUSTEE 1.00 X 0 0 0 SUSAN NEWBOLD TRUSTEE 1.00 X 0 0 0 KATE REBERNAK TRUSTEE (START 2022) 1.00 X 0 0 0 RYAN WALSH TRUSTEE (START 2022) 1.00 X 0 0 0 TERESA ERNST WATERMAN TRUSTEE 1.00 X 0 0 0 LAURA WATT TRUSTEE 1.00 X 0 0 0 JO WEISS TRUSTEE 1.00 X 0 0 0 JOHN YAU TRUSTEE (TERM 2022) 1.00 X 0 0 0 MARY LOUISE PIERSON CHAIRMAN (TERM 2022) 1.00 X X 0 0 0 ALESSANDRA GREGG TRUSTEE (TERM 2022) 1.00 X 0 0 0 NICHOLAS DELBANCO TRUSTEE (TERM 2022) 1.00 X 0 0 0 SEBASTIAN MATTHEWS TRUSTEE (TERM 2022) 1.00 X 0 0 0 SUSAN CRONIN SECRETARY (TERM 2022) 1.00 X X 0 0 0 181251 0 3677 1 0 0 0 0 1524575 60980 1524575 PROGRAM REVENUE 611600 2595705 2595705 2595705 147931 147931 2727737 2489248 238489 238489 238489 MISC. INCOME 900099 11803 11803 11803 4518503 2607508 0 386420 2057625 2057625 184928 184928 681299 521347 108669 51283 24084 13435 9045 1604 103945 57984 39038 6923 68897 38432 25876 4589 19123 19123 28695 28695 67365 67365 283243 500 260147 22596 42703 17405 1011 24287 19961 1522 18344 95 37067 12764 17654 6649 732431 701559 25346 5526 132267 131547 720 260910 221773 20873 18264 61931 61931 FOOD AND FOOD SUPPLIES 123628 123628 RECRUITMENT 51352 0 51352 SUPPLIES 10504 10504 COMMUNITY ARTS 9676 9676 5624 192 5432 5007258 3919893 945549 141816 4811582 4030084 130245 61470 2389 3594 13278 22201 10495421 3959108 4285486 6536313 7402692 6264082 2321308 253990 18966980 17171734 101612 58492 134930 291056 5600 5900 242142 355448 X 11204576 10033209 7520262 6783077 18724838 16816286 18966980 17171734 -488755 -1419797 0 X 0 1 X 1 0 X 1866215 2860969 2971433 3320091 1524575 12543283 1866215 2860969 2971433 3320091 1524575 12543283 2976492 9566791 576996 364032 856637 656245 147931 2601841 15145124 0.63170 0.60630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7448529 130000 -994314 93273 181023 6309919 6938983 832526 322980 7448529 8651578 450000 832910 400377 2595128 6938983 7555173 1402727 372766 8585134 8206224 -486548 164503 7555173 0.00310 0.99690 0.00000 0 0 302102 302102 9379447 3262179 6117268 813872 696929 116943 6536313 SECURITY DEPOSIT 5900 5900 X 973716 -1419797 -1419797 2393513 67365 2057625 2124990 4518503 2882268 0 2882268 67365 2057625 2124990 5007258 PART V, LINE 4: ENDOWMENT FUNDS ARE INTENDED TO FURTHER THE MISSION OF THE ORGANIZATION. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CENTER AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE CENTER HAS TAKEN AN UNCERTAIN POSITION THAT MORE-LIKELY-THAN-NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CENTER AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CENTER IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2019. PART XI, LINE 4B - OTHER ADJUSTMENTS: FELLOWSHIP FUNDS 2,057,625. PART XII, LINE 4B - OTHER ADJUSTMENTS: FELLOWSHIP FUNDS 2,057,625. 1 FELLOWSHIP FUNDING 225 2057625 FELLOWSHIP FUNDING PART I, LINE 2: ALL FELLOWSHIP FUNDS ARE AWARDED TO INDIVIDUAL RESIDENTS FOR ATTENDANCE AND USE AT THE INSTITUTION'S FACILITIES AND PROGRAMS AND/OR FOR TRAVEL TO AND FROM THE INSTITUTION. X 3 60980 MARKET VALUE 0 0 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE AUDIT AND FINANCE COMMITTEES THAT REPORT ON IT TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS A COMPENSATION COMMITTEE THAT REVIEWS THE COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990 IS AVAILABLE AT GUIDESTAR.ORG