Civic Intelligence

Greater Hartford Arts Council Inc

EIN 23-7111486 • 501(c)3 • Hartford, CT

Profile

The greater hartford arts council's ("ghac") mission is to inspire all people to participate and invest in the arts. Ghac serves connecticut's capital region by connecting people to the arts, providing financial resources and support services for arts and cultural institutions, as well as a range of community programs. Ghac is one of the largest independent arts council in new england, combining the fundraising and grant making functions of a united arts agency with a wide range of programs and services that are often found in a state or municipal cultural commission.

100 Pearl StreetHartford, CT 06103

www.letsgoarts.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

88th percentile

0.69x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

1.27x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

13th percentile

-23%

Higher net margin than 13% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

70th percentile

$107,308

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

4th percentile

-45%

Faster asset growth than 4% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-64%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,148,028

Down $1,735,890 (-45%) from 2023

Liabilities

Down

$1,485,386

Down $1,194,287 (-45%) from 2023

Net Assets

Down

$662,642

Down $541,603 (-45%) from 2023

Revenue

Down

$1,166,657

Down $2,034,143 (-64%) from 2023

Expenses

Down

$1,438,260

Down $1,305,112 (-48%) from 2023

Net Income

Down

-$271,603

Down $729,031 (-159%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,731,040Liabilities 2010: $1,462,436Net Assets 2010: $268,6042010Assets 2011: $2,893,883Liabilities 2011: $1,431,513Net Assets 2011: $1,462,3702011Assets 2012: $3,079,874Liabilities 2012: $1,533,753Net Assets 2012: $1,546,1212012Assets 2013: $3,171,572Liabilities 2013: $1,663,961Net Assets 2013: $1,507,6112013Assets 2014: $2,571,902Liabilities 2014: $1,367,636Net Assets 2014: $1,204,2662014Assets 2015: $2,385,379Liabilities 2015: $1,275,248Net Assets 2015: $1,110,1312015Assets 2016: $1,844,928Liabilities 2016: $713,651Net Assets 2016: $1,131,2772016Assets 2017: $1,863,695Liabilities 2017: $709,876Net Assets 2017: $1,153,8192017Assets 2018: $2,131,210Liabilities 2018: $945,094Net Assets 2018: $1,186,1162018Assets 2019: $1,887,502Liabilities 2019: $1,019,821Net Assets 2019: $867,6812019Assets 2020: $1,904,972Liabilities 2020: $469,950Net Assets 2020: $1,435,0222020Assets 2021: $1,934,139Liabilities 2021: $756,602Net Assets 2021: $1,177,5372021Assets 2022: $2,978,532Liabilities 2022: $2,231,715Net Assets 2022: $746,8172022Assets 2023: $3,883,918Liabilities 2023: $2,679,673Net Assets 2023: $1,204,2452023Assets 2024: $2,148,028Liabilities 2024: $1,485,386Net Assets 2024: $662,6422024

Highlighted filing

2024

Assets$2,148,028
Liabilities$1,485,386
Net Assets$662,642

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,965,2452010Expenses 2011: $3,727,0912011Expenses 2012: $4,101,7262012Revenue 2013: $3,747,751Expenses 2013: $3,786,261Net Income 2013: -$38,5102013Revenue 2014: $3,427,673Expenses 2014: $3,347,501Net Income 2014: $80,1722014Revenue 2015: $2,882,798Expenses 2015: $2,985,184Net Income 2015: -$102,3862015Revenue 2016: $2,490,902Expenses 2016: $2,369,656Net Income 2016: $121,2462016Revenue 2017: $2,437,151Expenses 2017: $2,364,609Net Income 2017: $72,5422017Revenue 2018: $2,448,544Expenses 2018: $2,398,244Net Income 2018: $50,3002018Revenue 2019: $2,465,707Expenses 2019: $2,783,575Net Income 2019: -$317,8682019Revenue 2020: $2,667,377Expenses 2020: $2,080,028Net Income 2020: $587,3492020Revenue 2021: $1,572,575Expenses 2021: $1,782,956Net Income 2021: -$210,3812021Revenue 2022: $2,039,809Expenses 2022: $2,480,249Net Income 2022: -$440,4402022Revenue 2023: $3,200,800Expenses 2023: $2,743,372Net Income 2023: $457,4282023Revenue 2024: $1,166,657Expenses 2024: $1,438,260Net Income 2024: -$271,6032024

Highlighted filing

2024

Revenue$1,166,657
Expenses$1,438,260
Net Income-$271,603

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$1.49$0.66$1.17$1.44$0.27
2023Detailed filing. Detailed filing data is available for this year.$3.88$2.68$1.20$3.20$2.74$0.46
2022Detailed filing. Detailed filing data is available for this year.$2.98$2.23$0.75$2.04$2.48$0.44
2021Detailed filing. Detailed filing data is available for this year.$1.93$0.76$1.18$1.57$1.78$0.21
2020Detailed filing. Detailed filing data is available for this year.$1.90$0.47$1.44$2.67$2.08$0.59
2019Detailed filing. Detailed filing data is available for this year.$1.89$1.02$0.87$2.47$2.78$0.32
2018Detailed filing. Detailed filing data is available for this year.$2.13$0.95$1.19$2.45$2.40$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.86$0.71$1.15$2.44$2.36$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.84$0.71$1.13$2.49$2.37$0.12
2015Detailed filing. Detailed filing data is available for this year.$2.39$1.28$1.11$2.88$2.99$0.10
2014Detailed filing. Detailed filing data is available for this year.$2.57$1.37$1.20$3.43$3.35$0.08
2013Detailed filing. Detailed filing data is available for this year.$3.17$1.66$1.51$3.75$3.79$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.08$1.53$1.55$4.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$1.43$1.46$3.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$1.46$0.27$3.97
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$1,199,194
Mission and Program Overview

Mission

The greater hartford arts council ("ghac") provides leadership for the financial success and organizational stability of the arts, cultural, and heritage community. Ghac is the largest independent arts council in new england, combining the fundraising and grant making functions of a united arts agency with a wide range of programs and services that are often found in a state or municipal cultural commission.

We exist to be a catalyst for the arts and promote an equitable arts ecosystem in Greater Hartford.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,558,314$1,903,676▼ $654,638
Cash and Non-Interest-Bearing Accounts$457,735$137,712▼ $320,023
Pledges and Grants Receivable$758,639$44,699▼ $713,940
Prepaid Expenses and Deferred Charges$24,227$24,734▲ $507
Land, Buildings, and Equipment, Net$12,204$9,184▼ $3,020
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,883,918$2,148,028▼ $1,735,890
Other Assets Total$72,799$28,023▼ $44,776
Liabilities
Deferred Revenue$879,961$737,587▼ $142,374
Grants Payable$1,088,769$640,036▼ $448,733
Accounts Payable and Accrued Expenses$639,147$75,749▼ $563,398
Other Liabilities$71,796$26,014▼ $45,782
Escrow Account Liability-$6,000-
Total Liabilities$2,679,673$1,485,386▼ $1,194,287
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$541,059$363,204▼ $177,855
Net Assets With Donor Restrictions$663,186$299,438▼ $363,748
Total Net Assets Fund Balance$1,204,245$662,642▼ $541,603
Total Liabilities and Net Assets / Fund Balance$3,883,918$2,148,028▼ $1,735,890

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,954$85,974$90,928
Other Land Buildings$4,230$14,845$19,075
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shelley BestCEO-FormerFT$107,308$107,308
Amanda RoyInterim CEOFT$79,808$79,808

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,107,713
Program Service Revenue
$69,000
Investment Income
$11,398
Other Revenue
$-21,454
All Other Contributions
$249,973
Change in Net Assets
$-271,603

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,166,657
Revenue Not Reported on Form 990
$32,537
Total Revenue per Audited Statements
$1,199,194
Total Revenue per Form 990
$1,166,657
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$637,042
Other Expenses$628,812
Total Fundraising Expense$229,052
Grants and Similar Amounts Paid$172,406
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$120,405$111,551$62,857$294,813
Fees for Services Other$194,528$50,583$930$246,041
Current Officers, Directors, Trustees, and Key Employees$80,077$48,154$58,885$187,116
Grants to Domestic Orgs$172,406--$172,406
Other Employee Benefits$39,360$38,388$33,399$111,147
Fees for Services Accounting-$79,175-$79,175
Fees for Services Legal-$57,223-$57,223
Occupancy$19,373$15,913$11,764$47,050
Payroll Taxes$18,419$13,970$11,577$43,966
Information Technology$6,795$14,329$18,694$39,818
Office Expenses$5,851$27,497$5,305$38,653
Advertising$10,761$8,081$19,121$37,963
Insurance$8,261$6,580$5,016$19,857
Other Expenses$3,112$5,831-$8,943
Conferences and Meetings-$7,362-$7,362
Travel-$7,034-$7,034
Depreciation Depletion$2,477$1,973$1,504$5,954
Total Functional Expenses$706,034$503,174$229,052$1,438,260

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,468,616
Expenses per Audited Statements$1,438,260
Total Expenses per Form 990$1,438,260
Expenses Not Reported on Form 990$30,356
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
iQuilt Partnershiphartford, CT501(c)(3)Winterfest$51,400
Greater Htfd Chamber of Commehartford, CT501(c)(3)Hartford for the Holidays and fisca$48,000
Hartford Public Libraryhartford, CT501(c)(3)All Season Events$39,000
The Hartford Dance Collectivehartford, CT501(c)(3)Hartford Dance Festival$26,800
Hartford Jazz SocietyBloomfield, CT501(c)(3)Paul Brown Monday Night Jazz$25,000
CLARO Inchartford, CT501(c)(3)Hartford PrideFest$20,000
Taste of the Caribbean Inchartford, CT501(c)(3)Taste of the Caribbean Festival$20,000
The Conference of Churches IHartford, CT501(c)(3)Gallery Activation/Dance Program$20,000
Central CT Celtic Cultural CoGlastonbury, CT501(c)(3)St. Patrick's Day Parade$15,000
Connecticut Blues Societyenfield, CT501(c)(3)Black Eyed and Blues Festival$15,000
Trinity Collegehartford, CT501(c)(3)Samba Fest and International Hip Ho$14,800
Hartbeat Ensemblehartford, CT501(c)(3)Citizen James$12,000
Playhouse Theatre Group Incwest hartford, CT501(c)(3)Theater week$12,000
Wadsworth Atheneum Museum ofhartford, CT501(c)(3)Free family programming and MLK Day$12,000
Hartfords Got Talent Inceast hartford, CT501(c)(3)Hartford's Got Talent Show$10,000
San Juan Center-Siempre Palanhartford, CT501(c)(3)Celebration of Puerto Rican culture$10,000
West Indian Independence Celehartford, CT501(c)(3)WIIC Parade and Festival$10,000
Hartford Business Improvementhartford, CT501(c)(3)Audio Feed Concert Series$9,000
CT Institute For Community Dehartford, CT501(c)(3)Puerto Rican Parade$8,000
CT Museum of Culture and HistHartford, CT501(c)(3)Dia de los Muertos Program$8,000
Friends of Feeney Incwest hartford, CT501(c)(3)Live Music at Parkville Market$8,000
Horace Bushnell Memorial Hallhartford, CT501(c)(3)Theater Week$8,000
Out Film CThartford, CT501(c)(3)LGBTQ Film Festival$8,000
Cuatro Puntos Incglastonbury, CT501(c)(3)Afghan Orchestra Performance$7,200
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$32,537
Fundraising Gross Income$11,083
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Artini$34,207$11,083$18,654$-7,571
Total Events$34,207$11,083$32,537$-21,454
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability Operating Lease$26,014
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Organization's Process to Review Form 990 The Form 990 is reviewed and approved by, the Chief Executive Officer and the Audit Committee, as the body identified as those charged with governance, prior to filing.

Form 990, Part VI, Section B, Line 12C

All Board members, employees and grant-review panels are provided a written Conflict of Interest Policy each year and are required to sign a form disclosing any potential conflicts of interest. Those with conflicts are required to recuse themselves from voting on or becoming involved with organizations or issues with which they have a conflict. The Audit Committee has access to the completed forms each year to ensure compliance.

Form 990, Part VI, Section B, Line 15A

Compensation Process for Top Official The Chief Executive Officer's compensation is reviewed by the Board President. Comparable compensation levels for similiar positions in the region are considered. The recommended salary is presented to the Board of Directors for discussion and approval through a formal vote. The deliberation and decision regarding the CEO's compensation is documented ina letter of hire.

Form 990, Part VI, Section B, Line 15B

All compensation for employees other than the Chief Executive Officer is approved by the Chief Executive Officer and is documented as part of the annual review process.

Form 990, Part VI, Section C, Line 19

Governing Documents Disclosure Explanation All governing documents are available to the public at anytime upon request and may also be found on the Organization's website.

Filing and Contact Details

Filer

Filer Name
Greater Hartford Arts Council Inc
EIN
23-7111486
Phone
8605258629
Address
100 Pearl Street, Hartford, CT 06103

Signing Officer

Name
Amanda Roy
Title
CEO
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amanda Roy
Formed
1971
Legal Domicile
Ct
Voting Board Members
16
Independent Board Members
16
Employees
9
Volunteers
5

Preparer

Firm
Maletta & Company
Address
43 Enterprise Drive, Bristol, CT 06010
Preparer
Michael a Maletta CPA
Phone
8605826715
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

loss on return of prior year grant funds = -$270000

Financial Statement Notes

Part IV, Line 2B: Explanation of escrow account liability

The Arts Council serves as a fiscal agent for a specific resource provider. The Arts Council has no variance power over these funds and disburses them upon approval from the resource provider. The Arts Council receives an administrative fee for its services.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Special event direct expenses $32537

Part XII, Line 2D: Other expenses and losses per audited F/S

Special event direct expenses $32537

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IRS990/ProgSrvcAccomActy2Grp/Desc0Community Programs: The Greater Hartford Arts Council produces and supports community-based programs that connect residents and visitors to the arts while strengthening the regions creative ecosystem. In 2024, the Council presented concerts, performances, and cultural events that showcased local talent and fostered civic pride. The Arts Council also offered professional development and capacity-building workshops to help artists and arts organizations build sustainable careers and strengthen their operations. In addition, the Council advanced public art initiatives that enlivened shared spaces, encouraged collaboration among artists and property owners, and celebrated the diversity the Capitol region. communities. Together, these programs enhance community connection, economic vitality, and access to the arts for all.
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