2024-03-27T09:23:02-05:00 2023-06-30 043296201 SULLIVAN BILLE PC 300 BRICKSTONE SQUARE 1001 ANDOVER MA 01810 990 2022-07-01 046111758 FITCHBURG ART MUSEUM FITC 9783454207 185 ELM STREET FITCHBURG MA 01420 NICHOLAS CAPASSO EXECUTIVE DIRECTOR 9783454207 2024-03-22 1 NICHOLAS CAPASSO 999009999 1 Barbara J Rowell CPA P00274107 9789702900 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z NICHOLAS CAPASSO 185 ELM STREET FITCHBURG MA 01420 4154145 0 X WWW.FITCHBURGARTMUSEUM.ORG X 1925 MA THE FITCHBURG ART MUSEUM IS A CATALYST FOR LEARNING, CREATIVITY, AND COMMUNITY BUILDING. WE ACCOMPLISH THIS MISSION WITH ART HISTORICAL COLLECTIONS AND EXHIBITIONS, SPECIAL EXHIBITIONS OF CONTEMPORARY NEW ENGLAND ART, EDUCATION PROGRAMS, PUBLIC ART PROJECTS, COMMUNITY PARTNERSHIPS, AND CREATIVE ECONOMY INITIATIVES. 24 24 27 10 0 0 2298056 566785 170350 110315 1451994 836416 0 15127 3920400 1528643 0 0 0 0 990881 979396 0 0 284110 987321 908762 1978202 1888158 1942198 -359515 22486020 23572182 39624 65261 22446396 23506921 X THE MISSION OF THE FITCHBURG ART MUSEUM IS TO INSPIRE CREATIVITY AND LEARNING, AND TO CONTRIBUTE TO THE WELL-BEING OF OUR DIVERSE COMMUNITIES IN FITCHBURG, NORTH CENTRAL MASSACHUSETTS, AND NEW ENGLAND. TO ACCOMPLISH THE MISSION, WE ORGANIZE EXHIBITIONS OF THE WORK OF NEW ENGLAND CONTEMPORARY ARTISTS AND ARTWORKS FROM OUR HISTORICAL COLLECTIONS, OFFER PROGRAMS FOR LEARNERS OF ALL AGES, SUPPORT PUBLIC ART PROJECTS, INVITE COMMUNITY PARTICIPATION AND PARTNERSHIPS, AND STIMULATE THE CREATIVE ECONOMY - ALL IN THE SPIRIT OF INCLUSIVITY. 0 0 1219653 110315 COLLECTION AND EXHIBITIONS: PRESERVE AND CARE FOR FITCHBURG ART MUSEUM'S PERMANENT ART COLLECTION; DISPLAY PERMANENT AND TEMPORARY EXHIBITIONS FOR THE EDUCATION AND ENJOYMENT OF THE PUBLIC; FEATURE EXHIBITIONS OF CONTEMPORARY NEW ENGLAND ARTISTS. / EDUCATIONAL PROGRAMS: PROVIDE LEARNING OPPORTUNITIES FOR ALL AGES IN THE GALLERIES; ARTIST AND CURATOR TALKS; PUBLIC AND SCHOOL GROUP TOURS; ART CLASSES; WORKSHOPS; AND TEACHER TRAINING. / COMMUNITY PARTNERSHIPS AND ENGAGEMENT: PARTNER WITH EDUCATIONAL AND CIVIC ORGANIZATIONS TO CREATE AND SUSTAIN A LIVABLE AND VIBRANT CITY AND REGION; COMMUNITY OUTREACH AND ACCESSIBILITY INITIATIVES; CREATE ECONOMY INITIATIVES. 1219653 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 30 0 27 1 0 0 0 0 0 1 1 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 1 0 MA X NICHOLAS CAPASSO 9783454207 185 ELM STREET FITCHBURG MA 01420 NADINE PRICE PRESIDENT 2.00 X X 0 0 0 THOMAS DICONZA VICE PRESIDENT 2.00 X X 0 0 0 KAREN SPINELLI SECRETARY 2.00 X X 0 0 0 ROBERT GALLO TREASURER 2.00 X X 0 0 0 HOLLY ELISSA BRUNO TRUSTEE 1.00 X 0 0 0 CAROL CANNER TRUSTEE 1.00 X 0 0 0 ANNA CLEMENTI TRUSTEE 1.00 X 0 0 0 MICHAEL DEMARCO TRUSTEE 1.00 X 0 0 0 LUISA FERNANDEZ TRUSTEE 1.00 X 0 0 0 GALE SIMONDS HURD TRUSTEE 1.00 X 0 0 0 ROBERT JOKELA TRUSTEE 1.00 X 0 0 0 RICHARD LAPIDUS TRUSTEE 1.00 X 0 0 0 PETER LAYTIN TRUSTEE 1.00 X 0 0 0 RODERICK LEWIN TRUSTEE 1.00 X 0 0 0 RACHEL LOPEZ TRUSTEE 1.00 X 0 0 0 ACHLA MADAN TRUSTEE 1.00 X 0 0 0 MARTIN MCNAMARA TRUSTEE 1.00 X 0 0 0 WILLIAM MCSHEEHY TRUSTEE 1.00 X 0 0 0 RICHARD NDI TRUSTEE 1.00 X 0 0 0 DANIELA RIVERA TRUSTEE 1.00 X 0 0 0 SUSAN ROETZER TRUSTEE 1.00 X 0 0 0 SUSAN CUNIO SALEM TRUSTEE 1.00 X 0 0 0 LANEIA THOMAS TRUSTEE 1.00 X 0 0 0 NADINE MARTEL TRUSTEE 1.00 X 0 0 0 JOSEPH SYLVIA TRUSTEE 1.00 X 0 0 0 NICHOLAS CAPASSO MUSEUM DIRECTOR 40.00 X 126396 0 0 126396 0 0 1 0 0 0 0 7249 559536 566785 MEMBERSHIP DUES 713990 75424 75424 PROGRAMS AND FUNCTIONS 713990 34891 34891 110315 458596 458596 2996557 2618737 377820 377820 377820 4960 7249 6765 -1805 -1805 MISCELLANEOUS 713990 16932 16932 16932 1528643 127247 0 834611 127896 38369 38369 51158 675719 462375 87252 126092 16499 10281 2579 3639 86024 53603 13447 18974 73258 45648 11452 16158 83849 8385 75464 5378 538 4840 6706 3353 3353 38617 9651 19312 9654 40500 4050 36450 145071 116057 14507 14507 10772 8618 1077 1077 152066 121653 30413 40440 20220 20220 EXHIBITIONS 136166 136166 COLLECTION ITEMS PURCHA 61562 61562 COMMUNITY SERVICE 59837 59837 DEVELOPMENT AND MARKETI 37324 5599 31725 90474 53688 29013 7773 1888158 1219653 384395 284110 171486 617169 1030332 685005 617662 548904 15750 34944 28860 6479408 3490847 2650568 2988561 17976027 18681933 5001 6000 22486020 23572182 39624 65261 39624 65261 X 18493229 19565397 3953167 3941524 22446396 23506921 22486020 23572182 -359515 1031606 388434 0 X 0 1 X 1 0 X 488163 851293 819825 2363746 645960 5168987 488163 851293 819825 2363746 645960 5168987 5168987 498042 641996 304747 1451994 836416 3733195 16932 16932 8919114 0.57950 0.57630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 1691785 11000 49443 12800 1739428 0.00280 0.99720 0 0 237152 237152 2275238 1535598 739640 2901583 1457468 1444115 609149 497781 111368 456286 456286 2988561 X 2562054 1031606 -4960 1026646 1535408 -6765 -6765 1528643 1889963 6765 6765 1883198 4960 4960 1888158 Part III, Line 1a: THE MUSEUM'S ENDOWMENTS CONSIST OF DONOR RESTRICTED FUNDS AND A BOARD DEIGNATED FUND ESTABLISHED TO PROVIDE LONG-TERM SUPPORT TO THE MUSEUM. AS REQUIRED BY GENERALLY ACCPETED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED OR LEGAL RESTRICTIONS. ENDOWMENT FUNDS HAVE BEEN INVESTED IN MUTUAL FUNDS, EXCHANGE TRADED FUNDS AND CASH. Part III, Line 4: THE MUSEUM CLASSIFIES AS DONOR RESTRICTED ENDOWMENT FUNDS (A) THE ORIGINAL VALUE OF INITIAL AND SUBSEQUENT GIFT AMOUNTS DONATED TO THE ENDOWMENT, AND (B) ACCUMULATIONS TO THE ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. DONOR RESTRICTED AMOUNTS NOT RETAINED IN PERPETUITY ARE SUBJECT TO APPROPRIATION FOR EXPENDITURE BY THE MUSEUM IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY STATE LAW. Part V, Line 4: TO PROVIDE LONG-TERM SUPPORT TO THE MUSEUM. Part X, Line 2: Accounting standards provide detailed guidance for the financial statement recognition, measurement and disclosure of uncertain tax positions recognized in an organization's financial statements. Under these standards, an organization is required to recognize the financial statement impact of a tax position when it is more likely than not that the position will not be sustained upon examination. The Museum has evaluated its significant tax positions against the criteria established and believes there are no such tax positions requiring accounting recognition. Part XI, Line 2d - Other Adjustments: DIRECT COST OF BENEFIT TO DONORS -4,960. Part XI, Line 4b - Other Adjustments: FUNDRAISING EVENTS DIRECT EXPENSES -6,765. Part XII, Line 2d - Other Adjustments: FUNDRAISING EVENTS DIRECT EXPENSES 6,765. Part XII, Line 4b - Other Adjustments: DIRECT COST OF BENEFIT TO DONORS 4,960. X 291 NOT RECORDED 0 0 0 Form 990, Part VI, Section B, line 11b COPIES OF THE COMPLETE FORM 990 ARE PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. Form 990, Part VI, Section B, line 12c CONFLICTS OF INTEREST ARE COVERED UNDER THE ORGANIZATION'S CODE OF ETHICS IN ITS TRUSTEE HANDBOOK. EACH TRUSTEE SIGNS A WRITTEN FORM STATING THAT THEY HAVE READ THE HANDBOOK AND UNDERSTAND ITS CONTENT. EACH TRUSTEE IS ALSO REQUIRED TO COMPLETE A TRUSTEE CONFLICT OF INTEREST POLICY AND DISCLOSURE STATEMENT ON AN ANNUAL BASIS. Form 990, Part VI, Section B, line 15b ALL COMPENSATION MATTERS FOR KEY MANAGEMENT AND EXECUTIVE POSITIONS ARE HANDLED BY THE PERSONNEL COMMITTEE OF THE ORGANIZATION'S BOARD OF TRUSTEES. Form 990, Part VI, Section C, line 19 THE GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS OF THE MSEUM ARE MADE AVILABLE TO THE PUBLIC UPON REQUEST.