2024-10-22T09:15:29-05:00 2023-12-31 141745230 LUTZ SELIG & ZERONDA CPAS LLP 33 CENTURY HILL DRIVE LATHAM NY 121102113 990 2023-01-01 141632037 SARATOGA ARTS INC SARA 5185844132 320 BROADWAY SARATOGA SPRINGS NY 12866 ALLAN WEATHERWAX PRESIDENT 5182483894 2024-10-07 1 0 MARY E MACKRELL CPA P01864652 5187837200 2024-09-12 2023 2024-10-15 13:58:12Z ALLAN WEATHERWAX 39 SARAZEN STREET SARATOGA SPRINGS NY 12866 708177 0 X WWW.SARATOGA-ARTS.ORG X 1980 NY TO ENRICH THE REGION BY ENSURING THAT THE ARTS ARE ACCESSIBLE TO ALL. 8 8 20 24 0 0 422951 510919 216746 126937 -77697 6757 28058 49632 590058 694245 0 150000 30616 0 288230 348724 0 0 0 364033 243232 682879 741956 -92821 -47711 745921 774987 104295 122765 641626 652222 X SARATOGA ARTS WAS ESTABLISHED TO ENRICH THE REGION BY CULTIVATING A VIBRANT ARTS COMMUNITY AND BY ENSURING THAT THE ARTS ARE ACCESSIBLE TO ALL. 0 0 151217 150000 NYSCA REGRANT PROGRAM - A REGRANT PROGRAM OF NYSCA WHICH ADMINISTERS DECENTRALIZED FUNDS TO NON-PROFIT ORGANZIATIONS TO PROMOTE NEW AND INNOVATIVE ART EVENTS IN SARATOGA, FULTON AND MONTGOMERY COUNTIES. 21190 28809 ART GALLERY - PROVIDES A GALLERY OF ROTATING ART FOR THE COMMUNITY TO OBSERVE. A PORTION OF ANY SALES GOES TO SARATOGA ARTS. 27687 71914 ART CLASSES - OFFERING A VARIETY OF ART CLASSES AND WORKSHOPS IN ALL MEDIA FOR CHILDREN AND ADULTS. 445675 26214 GENERAL OPERATIONS RELATED TO PROVIDING ACCESSIBLE VIBRANT ARTS COMMUNITY 445675 26214 645769 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 22 0 1 20 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X SARAH KANE 5185844132 320 BROADWAY SARATOGA SPRINGS NY 12866 X ALLAN WEATHERWAX PRESIDENT 0.00 X X 0 0 0 TAMARA TEPPER VICE PRESIDENT 0.00 X X 0 0 0 HARRY BUCCIFERRO TREASURER 0.00 X X 0 0 0 IAN BERRY DIRECTOR 0.00 X 0 0 0 AMANDA DEBRULE DIRECTOR 0.00 X 0 0 0 SENIA FLEMING DIRECTOR 0.00 X 0 0 0 TINA LOITE DIRECTOR 0.00 X 0 0 0 PING XU DIRECTOR 0.00 X 0 0 0 0 0 0 0 0 0 0 0 466315 44604 510919 ARTS CLASSES 900099 71914 71914 GALLERY 900099 28809 28809 MEMBERSHIP DUES 900099 26214 26214 126937 6757 6757 29892 0 29892 29892 29892 33541 13932 19609 19609 OTHER INCOME 900099 131 131 131 694245 126937 0 56389 150000 150000 298623 268761 29862 22321 20089 2232 27780 25002 2778 18000 18000 9393 9393 328 328 10283 9255 1028 38840 34956 3884 1562 1562 25797 23217 2580 15856 14270 1586 ART CLASSES 27686 27686 ARTS CENTER GALLERY 21190 21190 GENERAL MAINTENANCE 18096 16286 1810 DUES & SUBSCRIPTIONS 16096 16096 40105 34729 5376 741956 645769 96187 0 5462 23518 169960 140841 28250 3188 678727 437291 234481 241436 307768 366004 745921 774987 14244 22765 90051 100000 104295 122765 X 367886 395789 273740 256433 641626 652222 745921 774987 -47711 61172 -2865 0 X 1 X 0 0 0 X 279777 154913 431594 422951 510919 1800154 279777 154913 431594 422951 510919 1800154 1800154 37020 84565 62469 -50334 94957 228677 1613 1613 2613 1110 193 695 131 4742 2035186 0.88450 0.90240 X 422928 242650 180278 255799 194641 61158 241436 LINE OF CREDIT 100000 100000 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION IS MADE FOR THE CURRENT OR DEFERRED TAX EXPENSE. THE ORGANIZATION USES THE SAME ACCOUNTING METHODS FOR INCOME TAX AND FINANCIAL REPORTING. NEWLY EFFECTIVE ACCOUNTING STANDARDS PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THESE STANDARDS ALSO PROVIDE GUIDANCE ON DE-RECOGNITION OF TAX BENEFITS, CLASSIFICATION ON THE BALANCE SHEET, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. THE ORGANIZATION HAS EVALUATED ANY UNCERTAIN TAX POSITIONS AND RELATED INCOME TAX CONTINGENCIES AND DETERMINED UNCERTAIN POSITIONS, IF ANY, ARE NOT MATERIAL TO THE FINANCIAL STATEMENTS. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES ARE INCLUDED IN OPERATING EXPENSES, IF INCURRED. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES FOR YEARS PRIOR TO FISCAL YEAR ENDING DECEMBER 31, 2020. FALL FUNDRAISING EVENT 13911 0 13911 9340 ART IN THE PARK 10808 10808 1917 2 8822 8822 2675 33541 33541 13932 13932 19609 1 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C GOVERNANCE COMMITTEE OBTAINS AND REVIEWS COI STATEMENTS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIAL - ANNUAL REVIEW BY EXECUTIVE COMMITTEE. COMPENSATION PROCESS FOR OFFICERS - ALL SALARY INCREASES ARE REVIEWED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY TO PUBLIC OF GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY AND FINANCIAL STATEMENTS: THESE DOCUMENTS ARE PROVIDED UPON REQUEST.