2025-11-04T09:21:57-06:00 2024-12-31 030327374 MCSOLEY MCCOY & CO 118 TILLEY DRIVE STE 202 SOUTH BURLINGTON VT 05403 990 2024-01-01 222478074 VERMONT STUDIO CENTER INC VERM 8026352727 PO BOX 613 JOHNSON VT 05656 HOPE SULLIVAN EXECUTIVE DIRECTOR 8026352727 2025-11-03 1 0 CONNIE FELLION P01875413 8026581808 2025-11-03 2024 2025-03-06 01:10:19Z HOPE SULLIVAN PO BOX 613 JOHNSON VT 05656 15913512 0 X WWW.VERMONTSTUDIOCENTER.ORG X 1983 VT SUPPORT ARTISTS AND WRITERS BY PROVIDING STUDIO RESIDENCIES. 13 13 39 13 0 0 2286330 8072575 3915756 4082410 246927 866090 27885 0 6476898 13021075 2458756 2814079 0 0 1348453 2000890 0 0 544890 2352673 2119741 6159882 6934710 317016 6086365 18150526 24575693 474231 553435 17676295 24022258 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 5420762 2814079 4082410 SEE SCHEDULE OVERMONT STUDIO CENTER (VSC) PROVIDES STUDIO RESIDENCIES TO ARTISTS AND WRITERS WITHIN AN INCLUSIVE INTERNATIONAL COMMUNITY, HONORING CREATIVE WORK AS THE COMMUNICATION OF SPIRIT THROUGH FORM. IN 2024, VSC SUPPORTED 453 RESIDENTS SELECTED FROM OVER 4,600 APPLICANTS, REPRESENTING 19 COUNTRIES ACROSS 16 RESIDENCY SESSIONS. RESIDENTS INCLUDED 63% VISUAL ARTISTS AND 37% WRITERS, WITH 168 AWARDED FULL FELLOWSHIPS AND 285 PARTIAL FELLOWSHIPS, ENSURING BROAD ACCESS TO ITS PROGRAMS.VSC'S VISITING ARTISTS AND WRITERS PROGRAM HOSTED 16 VISITING ARTISTS AND 16 VISITING WRITERS WHO DELIVERED HUNDREDS OF STUDIO VISITS, MANUSCRIPT CONSULTATIONS, LECTURES, READINGS, AND CRAFT TALKS. VERMONT WEEK WELCOMED 31 VERMONT-BASED ARTISTS AND WRITERS FOR FULLY FUNDED RESIDENCIES, REINFORCING VSC'S COMMITMENT TO ITS LOCAL COMMUNITY.SIGNIFICANT CAPITAL AND RECOVERY MILESTONES INCLUDED RAISING CORNER HOUSE ONTO A NEW FOUNDATION, PAINTING CHURCH STUDIOS BUILDING, AND ESTABLISHMENT OF THE JUNEBUG POLLINATOR GARDEN & TRAIL. IN ADDITION, VSC CONTINUED TO RECOVER FROM THE 2023 FLOOD WITH PROJECTS INCLUDING DEMOLISHED KAHN BARN AS WELL AS REPAIRED AND RENOVATED RED MILL EGRESS. THESE PROJECTS ALL STRENGTHENED THE CAMPUS AS A RESILIENT CREATIVE ENVIRONMENT.VSC CELEBRATED ITS 40TH ANNIVERSARY WITH EXHIBITIONS INCLUDING COLLABORATION: PRINTS FROM THE VERMONT STUDIO CENTER ARCHIVE, FEATURING 40 RESTORED WORKS. PARTNERSHIPS WITH THE AMERICAN LITERARY TRANSLATORS ASSOCIATION, POETS & WRITERS, WINDGATE CHARITABLE FOUNDATION, AND UNIVERSITY OF MICHIGAN HELEN ZELL WRITERS' PROGRAM EXPANDED FELLOWSHIP OPPORTUNITIES AND INTERNATIONAL ENGAGEMENT.THROUGH EXPANDED PROGRAMS, ENHANCED FACILITIES, AND STRONG LOCAL AND GLOBAL PARTNERSHIPS, VSC CLOSED 2024 WITH INCREASED CAPACITY TO NURTURE CREATIVITY, SUPPORT ARTISTS AND WRITERS, AND DEEPEN ITS IMPACT IN VERMONT AND BEYOND. ITS ECONOMIC CONTRIBUTION INCLUDED OVER $2.5 MILLION IN LOCAL CONSTRUCTION PROJECTS AND SUBSTANTIAL SUPPORT TO THE REGIONAL ECONOMY THROUGH RESIDENT AND STAFF SPENDING.AT-A-GLANCE 2024 KEY METRICS: RESIDENTS: 453 FROM 19 COUNTRIES SESSIONS: 16 FULL FELLOWSHIPS: 168 | PARTIAL FELLOWSHIPS: 285 VISITING ARTISTS & WRITERS: 32 VERMONT WEEK PARTICIPANTS: 31 PUBLIC PROGRAMS & STUDIO VISITS: 120+ $20 MINIMUM WAGE 28 EMPLOYEES 500+ RESIDENTS AND GUESTS BUYING LOCALLY $100,000+ IN PROPERTY TAXES PAID $2.5M+ FLOWING TO LOCAL ECONOMY THROUGH CONSTRUCTION PROJECTS 5420762 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 50 0 39 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 1 1 0 X THE ORGANIZATION 8026352727 PO BOX 613 JOHNSON VT 05656 KATE REBERNAK CHAIR 1.00 X X 0 0 0 SARAH LUTZ VICE CHAIR 1.00 X X 0 0 0 LES FISHMAN TREASURER 1.00 X X 0 0 0 SUSAN NEWBOLD SECRETARY 1.00 X X 0 0 0 DEBORAH CLEARMAN TRUSTEE 1.00 X 0 0 0 HOWARD EL-YASIN TRUSTEE 1.00 X 0 0 0 MELINDA HACKETT 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 JEFF CLARKE TRUSTEE 1.00 X 0 0 0 CYRA LEVENSON TRUSTEE 1.00 X 0 0 0 HELEN WAN TRUSTEE 1.00 X 0 0 0 PEGGY WILLIAMS TRUSTEE 1.00 X 0 0 0 HOPE SULLIVAN EXECUTIVE DIRECTOR 40.00 X 150732 0 9775 MELANIE CLARK CHIEF OF STABILITY 40.00 X 141851 0 12908 292583 0 22683 2 0 1 0 CLAIRES HOME COMFORT CLEANING LLC 326 BLUFF RD NEWPORT VT 05855 CLEANING SERVICES 167034 1 138488 7934087 43522 8072575 PROGRAM REVENUE 611600 4082410 4082410 4082410 446932 446932 3311595 2892437 419158 419158 419158 13021075 4082410 0 866090 2814079 2814079 160507 160507 1475342 810631 335301 329410 26752 14752 8642 3358 193716 106820 62578 24318 144573 79722 46703 18148 1819 1819 30820 30820 65540 65540 50750 4247 26503 20000 84522 7691 5325 71506 39676 151 31843 7682 41259 1299 29522 10438 953199 900062 46782 6355 165773 137764 2902 25107 261923 222634 20954 18335 65350 65350 FOOD AND FOOD SUPPLIES 236886 236886 SUPPLIES 77239 73359 3880 FLOOD EXPENSES 15957 5677 10280 RECRUITMENT 3203 3203 25825 4988 10604 10233 6934710 5420762 969058 544890 4520982 5415208 10000 123117 53465 55590 27488 9901302 3859783 6210015 6041519 7235956 11319023 117983 1595873 18150526 24575693 180622 277463 288609 271472 5000 4500 474231 553435 X 9904054 10946917 7772241 13075341 17676295 24022258 18150526 24575693 6086365 259598 0 X 0 1 X 1 0 X 2971433 3320091 1524575 2286330 8072575 18175004 2971433 3320091 1524575 2286330 8072575 18175004 8317899 9857105 856637 656245 147931 331962 446932 2439707 20614711 11535881 0.47820 0.64410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7235956 4875274 948263 1740470 11319023 6309919 510000 924585 8548 500000 7235956 7448529 130000 -994314 93273 181023 6309919 6938983 832526 322980 7448529 8651578 450000 832910 400377 2595128 6938983 0.22744 0.77256 0.00000 0 0 297102 297102 9119179 3501532 5617647 485021 358251 126770 6041519 CONSTRUCTION IN PROGRESS 1595873 1595873 SECURITY DEPOSIT 4500 4500 X 10401054 259598 259598 10141456 65540 2814079 2879619 13021075 4055091 0 4055091 65540 2814079 2879619 6934710 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, 2024, 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 2021. PART XI, LINE 4B - OTHER ADJUSTMENTS: FELLOWSHIP FUNDS 2,814,079. PART XII, LINE 4B - OTHER ADJUSTMENTS: FELLOWSHIP FUNDS 2,814,079. 1 FELLOWSHIP FUNDING 452 2814079 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. 0 0 0 0 0 0 0 0 0 HOPE SULLIVAN EXECUTIVE DIRECTOR 150732 0 0 0 0 0 4657 0 5118 0 160507 0 0 0 MELANIE CLARK CHIEF OF STABILITY 141851 0 0 0 0 0 4508 0 8400 0 154759 0 0 0 X 4 43522 MARKET VALUE 0 0 0 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