Civic Intelligence

Five Points Center for the Visual Arts Inc.

990 • Fiscal year 2020 • EIN 46-1555586

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

Organization ProfileWWW.FIVEPOINTSARTS.ORG
33 Main Street PO Box 1028Torrington, CT 06790

(860) 618-2167

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.16x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

66th percentile

0.27x

Higher debt load relative to revenue than 66% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

91st percentile

53%

Higher net margin than 91% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

41st percentile

$23,718

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

94th percentile

130%

Faster asset growth than 94% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

90th percentile

71%

Faster revenue growth than 90% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$1,209,368

Up $913,214 (+308%) from 2018

Net Assets

Up

$1,013,491

Up $717,337 (+242%) from 2018

Liabilities

Up

$195,877

Up $195,877 from 2018

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin91st percentile

Revenue

Up

$730,221

Up $399,923 (+121%) from 2018

Expenses

Up

$344,093

Up $165,975 (+93%) from 2018

Net Income

Up

$386,128

Up $233,948 (+154%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2014: $80,582Liabilities 2014: $399Net Assets 2014: $80,1832014Assets 2015: $146,021Liabilities 2015: $399Net Assets 2015: $145,6222015Assets 2016: $136,390Liabilities 2016: $1,365Net Assets 2016: $135,0252016Assets 2018: $296,154Liabilities 2018: $0Net Assets 2018: $296,1542018Assets 2020: $1,209,368Liabilities 2020: $195,877Net Assets 2020: $1,013,4912020Assets 2021: $3,387,072Liabilities 2021: $186,126Net Assets 2021: $3,200,9462021Assets 2022: $3,209,338Liabilities 2022: $9,046Net Assets 2022: $3,200,2922022Assets 2024: $4,432,760Liabilities 2024: $50,939Net Assets 2024: $4,381,8212024

Highlighted filing

2020

Assets$1,209,368
Liabilities$195,877
Net Assets$1,013,491
Open 2020 Filing

Operations Trend

Revenue Growth90th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $132,196Expenses 2014: $65,014Net Income 2014: $67,1822014Revenue 2015: $193,931Expenses 2015: $127,642Net Income 2015: $66,2892015Revenue 2016: $124,346Expenses 2016: $135,868Net Income 2016: -$11,5222016Revenue 2018: $330,298Expenses 2018: $178,118Net Income 2018: $152,1802018Revenue 2020: $730,221Expenses 2020: $344,093Net Income 2020: $386,1282020Revenue 2021: $2,686,800Expenses 2021: $499,345Net Income 2021: $2,187,4552021Revenue 2022: $887,287Expenses 2022: $768,565Net Income 2022: $118,7222022Revenue 2024: $1,506,327Expenses 2024: $935,147Net Income 2024: $571,1802024

Highlighted filing

2020

Revenue$730,221
Expenses$344,093
Net Income$386,128
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.0
Gross Receipts
$730,221
Mission and Program Overview

Mission

Five Points Gallery actively collaborates with commercial, political, cultural and educational entities to promote downtown Torrington and Northwest Connecticut as an arts destination.

Five Points Gallery actively collaborates with commercial, governmental, cultural and educational entities to promote downtown Torrington and Northwest Connecticut as an arts destination.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$68,558$630,077▲ $561,519
Savings and Temporary Cash Investments$283,010$290,688▲ $7,678
Cash and Non-Interest-Bearing Accounts$174,311$119,787▼ $54,524
Pledges and Grants Receivable-$117,728-
Investments in Publicly Traded Securities$6$791▲ $785
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$525,886$1,209,368▲ $683,482
Other Assets Total$1$50,297▲ $50,296
Liabilities
Other Liabilities-$186,971-
Escrow Account Liability-$5,000-
Grants Payable-$3,906-
Total Liabilities$0$195,877▲ $195,877
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$30,304$564,397▲ $534,093
Net Assets With Donor Restrictions$495,582$449,094▼ $46,488
Total Net Assets Fund Balance$525,886$1,013,491▲ $487,605
Total Liabilities and Net Assets / Fund Balance$525,886$1,209,368▲ $683,482

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$602,482-$602,482
Equipment$15,095-$15,095
Other Land Buildings$12,500-$12,500
Compensation and Service Providers
Top Officer Pay41st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Judith McElhoneExecutive DirectorFT$23,718$23,718

Board Members and Trustees

NameTitle
Deborah SeidelPresident
Eric ForstmannDirector
Joe GittermanDirector
Mark MalaspinaDirector
Ricardo J ReyesDirector
Sally Van DorenDirector
Cindy FerraraSecretary
Christopher WilsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$681,423
Program Service Revenue
$34,858
Investment Income
$361
Other Revenue
$13,579
All Other Contributions
$594,006
Change in Net Assets
$386,128

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$11,320Fair Market Value (FMV)
Other Non Cash Contri Table1$8,215Fair Market Value (FMV)
Works of Art2$7,500Fair Market Value (FMV)
Other Non Cash Contri Table1$1,900Fair Market Value (FMV)
Other Non Cash Contri Table1$1,300Fair Market Value (FMV)
Total Noncash Contributions6$30,235-

Audited Revenue Reconciliation

Revenue per Audited Statements
$730,221
Total Revenue per Audited Statements
$730,221
Total Revenue per Form 990
$730,221
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$173,757
Other Expenses$170,336
Total Fundraising Expense$35,738
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$82,913$47,799$5,150$135,862
Occupancy$71,711--$71,711
Fees for Services Other-$4,720$24,999$29,719
Current Officers, Directors, Trustees, and Key Employees$10,000$9,718$4,000$23,718
Insurance$1,754$20,413-$22,167
Payroll Taxes$8,223$5,104$850$14,177
Office Expenses-$3,507-$3,507
All Other Expenses$1,150$1,332$739$3,221
Other Expenses$8,184$1,482-$1,482
Advertising$1,367--$1,367
Information Technology-$1,257-$1,257
Total Functional Expenses$185,302$123,053$35,738$344,093

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$344,093
Total Expenses per Audited Statements$344,093
Total Expenses per Form 990$344,093
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Financing Agreement$186,971
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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, Line 11B: Form 990 Review Process

“The 990 is reviewed by the Founding Executive Director and Associate Director.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“All are asked to report conflicts of interest to the Executive Director or Board President.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Salary budget is reviewed by the executive board and the executive director regularly reviews organizational staffing needs and performance.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Salary budget is reviewed by the executive board and the executive director regularly reviews organizational staffing needs and performance.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“All documents are available upon request, and 990 or 990-ez available through www.guidestar.org.”

Filing and Contact Details

Filer

Filer Name
Five Points Center
EIN
46-1555586
Phone
8606182167
Address
33 MAIN STREET PO BOX 1028, TORRINGTON, CT 06790

Signing Officer

Name
Judith McElhone
Title
Executive Director
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judith McElhone
Formed
2012
Legal Domicile
Ct
Voting Board Members
9
Independent Board Members
8
Employees
9
Volunteers
20

Preparer

Firm
King King & Associates Cpas
Address
170 HOLABIRD AVE, WINSTED, CT 06098
Preparer
Robert E King CPA
Phone
8603790215
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1: Change of Accounting Method

“Accounting basis changed from cash to accrual basis of accounting to agree with the audited financial statements.”

PART XII, Line 1

“To correct reported basis of accounting to the Basis Five Points Center maintains their books on. Reported basis of Accrual in prior years was incorrect.”

Financial Statement Notes

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

“Security Deposit”

Raw XML AppendixShowing 400 of 558 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Five Points Gallery actively collaborates with commercial, governmental, cultural and educational entities to promote downtown Torrington and Northwest Connecticut as an arts destination.
IRS990/AdvertisingGrp/ProgramServicesAmt01367
IRS990/AdvertisingGrp/TotalAmt01367
IRS990/AllOtherContributionsAmt0594006
IRS990/AllOtherExpensesGrp/FundraisingAmt0739
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01332
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01150
IRS990/AllOtherExpensesGrp/TotalAmt03221
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Noel Croce
IRS990/BooksInCareOfDetail/PhoneNum08606182167
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt033 Main Street PO Box 1028
IRS990/BooksInCareOfDetail/USAddress/CityNm0Torrington
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd006790
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0174311
IRS990/CashNonInterestBearingGrp/EOYAmt0119787
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt04000
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt09718
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt010000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt023718
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0681423
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0361
IRS990/CYOtherExpensesAmt0170336
IRS990/CYOtherRevenueAmt013579
IRS990/CYProgramServiceRevenueAmt034858
IRS990/CYRevenuesLessExpensesAmt0386128
IRS990/CYSalariesCompEmpBnftPaidAmt0173757
IRS990/CYTotalExpensesAmt0344093
IRS990/CYTotalFundraisingExpenseAmt035738
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0730221
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0true
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Five Points Arts finalized the purchase of the former University of Connecticut Torrington campus on June 30, 2020. The 30,000 sq. ft. building and surrounding 90 acres has been transformed into the Five Points Art Center. The center is designed as a dynamic, vibrant, cross disciplinary laboratory where artists explore new techniques and concept, learn from one another and engage the community through workshops, seminars, lectures, and outdoor interactive experiences.In conjunction with the Five Points' galleries in downtown Torrington the Art Center will exponentially further the positive impact of the arts in our region and extend the understanding of the visual arts as a vehicle for positive social, community, cultural and economic change.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0495582
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0449094
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt09
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/EOYAmt05000
IRS990/ExpenseAmt0170632
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt024999
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04720
IRS990/FeesForServicesOtherGrp/TotalAmt029719
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0Judith McElhone
IRS990/Form990PartVIISectionAGrp/PersonNm1Ricardo J Reyes
IRS990/Form990PartVIISectionAGrp/PersonNm2Joe Gitterman
IRS990/Form990PartVIISectionAGrp/PersonNm3Mark Malaspina
IRS990/Form990PartVIISectionAGrp/PersonNm4Cindy Ferrara
IRS990/Form990PartVIISectionAGrp/PersonNm5Deborah Seidel
IRS990/Form990PartVIISectionAGrp/PersonNm6Eric Forstmann
IRS990/Form990PartVIISectionAGrp/PersonNm7Sally Van Doren
IRS990/Form990PartVIISectionAGrp/PersonNm8Christopher Wilson
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt023718
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5President
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt087417
IRS990/GrantsPayableGrp/EOYAmt03906
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0730221
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01257
IRS990/InformationTechnologyGrp/TotalAmt01257
IRS990/InsuranceGrp/ManagementAndGeneralAmt020413
IRS990/InsuranceGrp/ProgramServicesAmt01754
IRS990/InsuranceGrp/TotalAmt022167
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0361
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0361
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0791
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt068558
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0630077
IRS990/LandBldgEquipCostOrOtherBssAmt0630077
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Five Points Gallery actively collaborates with commercial, governmental, cultural and educational entities to promote downtown Torrington and Northwest Connecticut as an arts destination.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0525886
IRS990/NetAssetsOrFundBalancesEOYAmt01013491
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt030304
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0564397
IRS990/NoncashContributionsAmt030235
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt071711
IRS990/OccupancyGrp/TotalAmt071711
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03507
IRS990/OfficeExpensesGrp/TotalAmt03507
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01
IRS990/OtherAssetsTotalGrp/EOYAmt050297
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc1Gallery Sales Expense
IRS990/OtherExpensesGrp/Desc2Miscellaneous
IRS990/OtherExpensesGrp/Desc3Taxes and Filings
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt024830
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12891
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21482
IRS990/OtherExpensesGrp/ProgramServicesAmt08184
IRS990/OtherExpensesGrp/TotalAmt024830
IRS990/OtherExpensesGrp/TotalAmt18184
IRS990/OtherExpensesGrp/TotalAmt22891
IRS990/OtherExpensesGrp/TotalAmt31482
IRS990/OtherLiabilitiesGrp/EOYAmt0186971
IRS990/OtherRevenueMiscGrp/BusinessCd0532000
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0Extension Building Reimb.
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt013019
IRS990/OtherRevenueMiscGrp/ExclusionAmt1560
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt013019
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1560
IRS990/OtherRevenueTotalAmt013579
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt05150
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt047799
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt082913
IRS990/OtherSalariesAndWagesGrp/TotalAmt0135862
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0850
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05104
IRS990/PayrollTaxesGrp/ProgramServicesAmt08223
IRS990/PayrollTaxesGrp/TotalAmt014177
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0117728
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Judith McElhone
IRS990/PriorPeriodAdjustmentsAmt0101477
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0712110
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0Art Sales
IRS990/ProgramServiceRevenueGrp/Desc1Rental
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt017203
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt117655
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt017203
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt117655
IRS990/ProgSrvcAccomActy2Grp/Desc0The Five Points University of Hartford/Hartford Art School Launchpad supports emerging artists by providing affordable shared studio spaces above Five Points Gallery. In addition to workspace, the initiative offers a mentorship program, a serious arts community, gallery management experience and a Five Points Gallery exhibition opportunity.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt012060
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt011965
IRS990/ProgSrvcAccomActy3Grp/Desc0The Five Points Annex, an expansion of the Five Points, Hartford Art School / University of Hartford Launchpad program, is an affordable community pop-up gallery managed by the Launchpad artists.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02610
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt03790
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0355972
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0837
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0115605
IRS990/PYOtherRevenueAmt02108
IRS990/PYProgramServiceRevenueAmt067998
IRS990/PYRevenuesLessExpensesAmt0229732
IRS990/PYSalariesCompEmpBnftPaidAmt081578
IRS990/PYTotalExpensesAmt0197183
IRS990/PYTotalRevenueAmt0426915
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0386128
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt019103
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0283010
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0290688
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt050750
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt044450
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt026500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt014450
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt020700
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0156850
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0391649
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0149012
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt083598
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0128991
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt048957
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0802207
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0361
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0837
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0287
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0167
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01106
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02758
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt034858
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt067998
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt044618
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt031611
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt065994
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0245079
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0361
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0837
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0287
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0167
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02758
IRS990ScheduleA/InvestmentIncomeCYPct00.00250
IRS990ScheduleA/InvestmentIncomePYPct00.00330
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt01974
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt01504
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt013118
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt016596
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt013579
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0134
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0291
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0826
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0507
IRS990ScheduleA/OtherIncome509Grp/TotalAmt015337
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.82300
IRS990ScheduleA/PublicSupportPY509Pct00.80390
IRS990ScheduleA/PublicSupportTotal509Amt0890436
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt050750
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt044450
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt026500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt014450
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt020700
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0156850
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0426507
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0217010
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0128216
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0160602
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0114951
IRS990ScheduleA/Total509Grp/TotalAmt01047286
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0440447
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0219955

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,209,368
Liabilities
$195,877
Net assets
$1,013,491
Revenue
$730,221
Expenses
$344,093
Net income
$386,128
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.43$0.05$4.38$1.51$0.94$0.57
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.21$0.01$3.20$0.89$0.77$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.39$0.19$3.20$2.69$0.50$2.19
2020Detailed filing. Detailed filing data is available for this year.$1.21$0.20$1.01$0.73$0.34$0.39
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.00$0.30$0.33$0.18$0.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.00$0.14$0.12$0.14$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.19$0.13$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.13$0.07$0.07
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $1M-$5M nonprofits