2025-04-15T09:25:59-05:00 2024-08-31 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD SUITE 302 WESTBOROUGH MA 01581 990 2023-09-01 043245366 LEXINGTON FRIENDS OF THE ARTS INC LEXI 7818626040 1403 MASSACHUSETTS AVENUE LEXINGTON MA 024203804 AMY KASER TREASURER 7818626040 2025-04-15 1 0 SANDRA M BROWN CPA P01614103 5088717178 2025-04-15 2023 2025-03-06 01:10:19Z MUNROE CENTER FOR THE ARTS AMY KASER 1403 MASSACHUSETTS AVENUE LEXINGTON MA 024203804 683501 0 X WWW.MUNROECENTER.ORG X 1994 MA THE MUNROE CENTER FOR THE ARTS IS LEXINGTON'S HOME FOR VISUAL AND PERFORMING ARTS FOR EDUCATION AND EXPERIENCE, FOR SELF-EXPRESSION, REJUVENATION AND FRIENDSHIP. 12 12 47 101 0 0 285573 107648 520049 571779 2115 2402 2386 1672 810123 683501 0 0 0 0 396761 432187 0 9000 35843 323517 285465 720278 726652 89845 -43151 2376796 2312742 505926 485023 1870870 1827719 THE MUNROE CENTER FOR THE ARTS IS LEXINGTON'S HOME FOR VISUAL AND PERFORMING ARTS FOR EDUCATION AND EXPERIENCE, FOR SELF-EXPRESSION, REJUVENATION AND FRIENDSHIP. 0 0 524886 0 571779 ART EDUCATION AND PROGRAMMING: MUNROE CENTER FOR THE ARTS OFFERS CLASSES THROUGHOUT THE CALENDAR YEAR IN VISUAL ARTS, CERAMICS AND THEATRE.CAMPS: MUNROE CENTER FOR THE ARTS RUNS CAMPS FOR SCHOOL-AGED CHILDREN DURING THE FEBRUARY, APRIL AND SUMMER SCHOOL VACATIONS.PUBLIC PROGRAMMING: MUNROE CENTER FOR THE ARTS SPONSORS NUMEROUS PROGRAMS THAT OFFER CULTURAL ENRICHMENT TO THE PUBLIC AT NO COST WITH ONLY VOLUNTARY CONTRIBUTIONS COLLECTED. THIS INCLUDES PROGRAMS SUCH AS MUNROE CENTER STAGE, ARTWALK AND VARIOUS ONE TIME EVENTS. 524886 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 47 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X THE ORGANIZATION 7818626040 1403 MASSACHUSETTS AVENUE LEXINGTON MA 024203804 KIM COBURN CO-CHAIR 0.50 X X 0 0 0 STEVE POLTORZYCKI CO-CHAIR 4.00 X X 0 0 0 AMY KASER TREASURER 0.50 X X 0 0 0 CHRISTINE NOAH CLERK 0.50 X X 0 0 0 DONALD BAILEY BOARD MEMBER 4.00 X 0 0 0 GREIG GREENWALD BOARD MEMBER 0.50 X 0 0 0 HUA DONG BOARD MEMBER 0.50 X 0 0 0 PAUL CZECH BOARD MEMBER 0.50 X 0 0 0 STAR LANCASTER BOARD MEMBER 0.50 X 0 0 0 TED SZOSTKOWSKI BOARD MEMBER 0.50 X 0 0 0 PAM SMITH BOARD MEMBER 0.50 X 0 0 0 SUSAN KNAUER BOARD MEMBER 0.50 X 0 0 0 CRISTINA BURWELL EXECUTIVE DIRECTOR 40.00 X 65376 0 0 65376 0 0 0 0 0 0 BRIAN HEALY ARCHITECTS 374 SOMERVILLE AVENUE SOMERVILLE MA 02143 ARCHITECTURAL DESIGN 401698 1 5160 102488 10268 107648 TUITION AND REGISTRATI 611600 384889 384889 RENTAL INCOME 611600 186890 186890 571779 2402 2402 OTHER INCOME 900099 1672 1672 1672 683501 573451 0 2402 64257 28916 19277 16064 328144 266817 58972 2355 39786 29984 7934 1868 55750 55750 9000 9000 10567 2655 2912 5000 700 700 37694 26853 9285 1556 101241 101241 41193 41193 11793 11793 PROGRAM AND ART SUPPLIE 26527 26527 726652 524886 165923 35843 1014518 1005420 131000 0 6035 10909 5055 9957 1068656 201609 789938 867047 430250 419409 2376796 2312742 16235 16246 58147 48106 431544 420671 505926 485023 X 934777 1025878 936093 801841 1870870 1827719 2376796 2312742 -43151 0 X 0 1 X 0 0 X 320402 169454 135826 285573 107648 1018903 372073 473891 486982 520049 571779 2424774 692475 643345 622808 805622 679427 3443677 48975 49420 10700 1513 907 111515 87228 88100 95551 88447 108501 467827 136203 137520 106251 89960 109408 579342 2864335 4086 426 434 2115 2402 9463 4086 426 434 2115 2402 9463 10198 5490 1706 2386 1672 21452 706759 649261 624948 810123 683501 3474592 0.82440 0.81020 0.00270 0.00210 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 10,198. 2020 AMOUNT: $ 5,490. 2021 AMOUNT: $ 1,706. 2022 AMOUNT: $ 2,386. 2023 AMOUNT: $ 1,672. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 407111 166547 240564 39762 35062 4700 621783 621783 867047 SECURITY DEPOSIT 5879 OPERATING LEASE RIGHT-OF-USE ASSET 413530 419409 SECURITY DEPOSITS 5896 OPERATING LEASE LIABILITY 414775 420671 758982 75481 75481 683501 0 683501 802133 75481 75481 726652 0 726652 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 RETURN IS REVIEWED FOR ACCURACY BY THE TREASURER AND CHAIR PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C A FORMAL WRITTEN CONFLICT OF INTEREST POLICY HAS BEEN ADOPTED BY THE ORGANIZATION. CONFLICT OF INTEREST STATEMENTS ARE PERIODICALLY SIGNED AND THE BOARD MEMBERS ARE COGNIZANT OF THE POSSIBILITY OF CONFLICTS OF INTEREST AND VOLUNTARILY PROVIDE THE ORGANIZATION WITH ANY POSSIBLE CONFLICTS. POTENTIAL CONFLICTS ARE DISCUSSED BY THE BOARD AND MINUTES WILL DOCUMENT THE DISCUSSION AND DECISION MAKING PROCESS. IN THE EVENT OF A CONFLICT, STEPS WILL BE TAKEN TO MITIGATE THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S EXECUTIVE COMPENSATION PROGRAM IS ADMINISTERED BY THE BOARD OF DIRECTORS. THE BOARD IS RESPONSIBLE FOR ESTABLISHING AND MAINTAINING A COMPETITIVE COMPENSATION PROGRAM FOR THE KEY EXECUTIVES OF THE ORGANIZATION. THE BOARD MEETS AS NEEDED TO REVIEW THE COMPENSATION PROGRAM AND MAKE RECOMMENDATIONS FOR ANY CHANGES, AS APPROPRIATE. A PERFORMANCE EVALUATION IS CONDUCTED AND REVIEWED EACH YEAR AND IS INTENDED TO ENSURE THAT THE COMPENSATION PROGRAM FALLS WITHIN A REASONABLE RANGE OF COMPETITIVE PRACTICES FOR COMPARABLE POSITIONS AMONG SIMILARLY SITUATED ORGANIZATIONS. FOLLOWING THIS REVIEW, THE BOARD REVIEWS AND APPROVES, FOR SELECTED KEY EXECUTIVES, BASE SALARIES AND ANNUAL INCENTIVE OPPORTUNITY ADJUSTMENTS, AND OBJECTIVES AND GOALS FOR THE UPCOMING YEAR'S ANNUAL INCENTIVE PLAN. THE BOARD REVIEWS AND RECOMMENDS TO THE BOARD SALARY APPROVAL AND INCENTIVE AWARDS FOR THE EXECUTIVE DIRECTORS AND SELECTED KEY SENIOR STAFF. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 TAX RETURN IS AVAILABLE FOR PUBLIC INSPECTION ON THE FOLLOWING WEB SITES: HTTP://WWW.CHARITIES.AGO.STATE.MA.US HTTP://WWW.GUIDESTAR.ORG FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION ON ITS WEB SITE. HTTP://WWW.MUNROECENTER.ORG.