2024-05-15T14:57:22-04:00 2023-06-30 843998573 SCHEID DEIGNAN BROWN PC 101 COMMONWEALTH AVE CONCORD MA 017422903 990 2022-07-01 042275153 CONCORD ART ASSOCIATION CONC 9783692578 37 LEXINGTON ROAD CONCORD MA 01742 ANN OBERRENDER NOYES TREASURER 9783692578 2024-05-15 true ANN OBERRENDER NOYES 999009999 true DAVID DEIGNAN CPA P01721685 9783189600 2024-05-15 2022 2023-04-26 12:10:37Z ANN OBERRENDER NOYES 37 LEXINGTON ROAD CONCORD MA 01742 1140269 false X HTTP://WWW.CONCORDART.ORG X 1922 MA TO PROMOTE AND ADVANCE THE VISUAL ARTS AND ARTISTS, AND TO ENRICH AND TO SUSTAIN OUR CULTURAL COMMUNITY. 16 16 7 0 554067 493891 269685 296216 -162165 40018 2754 12700 664341 842825 0 0 242764 271814 10000 0 79326 287624 291689 540388 563503 123953 279322 2607234 3046518 98547 87894 2508687 2958624 X TO PROMOTE AND ADVANCE THE VISUAL ARTS AND ARTISTS, AND TO ENRICH AND TO SUSTAIN OUR CULTURAL COMMUNITY. false false RAISED FUNDS FOR CENTENNIAL CAPITAL CAMPAIGN ESTABLISHED INTERNSHIP PROGRAM RECEIVED APPROVAL FOR MA CULTURAL COUNCIL GRANT 379103 296216 MAINTAINED AN ONGOING ART APPRECIATION AND TEACHING FACILITY IN AN HISTORIC BUILDING WITHIN THE TOWN OF CONCORD, MASSACHUSETTS 379103 296216 379103 true true false false false false false true false true true false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 62 0 true 7 true false false false false false false false false X 16 16 false false false false false false false true true false false true true true true false false false false false MA X X ANN OBERRENDER NOYES 9783692578 37 LEXINGTON ROAD CONCORD MA 01742 KATE JAMES EXECUTIVE DI 40.00 X 90000 0 0 MONIKA ANDERSSON DIRECTOR 2.00 X 0 0 0 STANLY BLACK VICE PRESIDE 3.00 X X 0 0 0 KATE CHARTENER DIRECTOR 2.00 X 0 0 0 BETSY GARDELLA DIRECTOR 2.00 X 0 0 0 DEBBIE HEALY GILMORE DIRECTOR 2.00 X 0 0 0 HOLLY HARRISON CO-PRESIDENT 3.00 X X 0 0 0 KATE ATKINSON KAPLAN SECRETARY 3.00 X X 0 0 0 HENRY KEUTMANN DIRECTOR 2.00 X 0 0 0 MARTIN LUECK DIRECTOR 2.00 X 0 0 0 ANN OBERRENDER NOYES TREASURER 3.00 X X 0 0 0 KATHLEEN O'HARA CO-PRESIDENT 3.00 X X 0 0 0 SUSAN RODDY DIRECTOR 2.00 X 0 0 0 SHARYL STROPKAY DIRECTOR 2.00 X 0 0 0 RAMSAY TRUSSELL DIRECTOR 2.00 X 0 0 0 JEFF WIEAND DIRECTOR 2.00 X 0 0 0 MANDY YOUNG DIRECTOR 2.00 X 0 0 0 90000 false false false BATTLE ASSOCIATES INC 2 INDEPENDENCE CRT CONCORD MA 01742 ARCHITECTURAL 167538 1 60915 432976 493891 EVENTS, TOURS & WORKSHOPS 711130 266149 266149 ART SALE INCOME 453220 29187 29187 STUDIO RENTAL 900002 880 880 296216 30126 30126 12700 12700 12700 12700 307336 297444 9892 9892 9892 842825 348934 90000 46049 21513 22438 160350 82045 38329 39976 920 471 187 262 20544 10519 4170 5855 19762 4861 14901 13169 3239 9930 5820 5820 16807 14875 1145 787 27488 23458 2656 1374 15809 13415 1604 790 WORKSHOP EXPENSES 108375 108375 REPAIRS & MAINTENANCE 26696 17373 7989 1334 BANK/PROCESSING FEES 18179 12510 225 5444 EXHIBITION EXPENSES 15570 15570 24014 20523 2425 1066 563503 379103 105074 79326 48315 40897 311962 396998 53076 158496 3483 4598 1389754 514895 671932 874859 1408971 1570670 109495 2607234 3046518 78779 42801 19768 45093 98547 87894 X 1732422 2180721 776265 777903 2508687 2958624 2607234 3046518 X 279322 170615 X false true X true false X 151268 144762 164418 554067 493891 1508406 298841 260188 277600 269685 296216 1402530 450109 404950 442018 823752 790107 2910936 2910936 50357 14819 27557 27567 40018 160318 50357 14819 27557 27567 40018 160318 12700 12700 500466 419769 469575 851319 842825 3083954 0.94390 0.93960 0.05000 0.07000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 104666 25914 1000 2200 127380 126608 1000 -18941 4001 104666 81359 49250 4001 126608 82541 4318 5500 81359 76959 8844 3262 82541 false false 11415 11415 1063608 435499 628109 230415 230415 84316 79396 4920 874859 X 1013440 170615 170615 842825 842825 563503 563503 563503 SCHEDULE D, PAGE 1, PART III, LINE 1A THE ASSOCIATION HAS A COLLECTION OF ARTWORKS, APPRAISED BETWEEN 2000 AND 2007 FOR APPROXIMATELY 512,550, THAT IS STORED IN THE ARCHIVE SECTION OF THE ASSOCIATION. THE ASSOCIATION HAS ADOPTED A POLICY OF NOT CAPITALIZING THE COLLECTION OF ARTWORKS IN ITS FINANCIAL STATEMENTS. ACCORDINGLY, NO COLLECTION ITEMS ARE RECOGNIZED AS ASSETS, WHETHER THEY ARE PURCHASED OR RECEIVED AS A DONATION. THE ASSOCIATION'S EXECUTIVE DIRECTOR IS RESPONSIBLE FOR ENSURING THAT THE COLLECTION IS PROTECTED AND PRESERVED. IT IS THE POLICY OF THE ASSOICATION THAT PROCEEDS FROM THE SALE OF ANY COLLECTION ITEMS ARE TO BE USED TO PURCHASE ADDITIONAL COLLECTION ITEMS. NO ITEMS WERE PURCHASED OR REMOVED FROM THE COLLECTION FOR THE YEARS ENDED 2022 OR 2023. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IF PURCHASED WITH ASSETS WITHOUT DONOR RESTRICTIONS AND AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECED ON THE STATMENT OF ACTIVITES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. SCHEDULE D, PAGE 2, PART III, LINE 4 WORKS OF LOCAL ARTISTS AND NOTABLE EXAMPLES OF ART ARE COLLECTED AND PRESERVED FOR PUBLIC DISPLAY AND AS EXAMPLES OF TECHNIQUE AND SUBJECT MATTER FOR FUTURE GENERATIONS TO VEIW AND STUDY. SCHEDULE D, PAGE 2, PART V, LINE 4 PRIZES FOR ART COMPETITIONS SCHEDULE D, PAGE 3, PART X THE ASSOCIATION FOLLOWS THE PROVISIONS OF FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AND THE ASSOCIATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ANY RELATED PENALTIES AND INTEREST TO ACCRUE THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30, 2023. SCHEDULE D, PAGE 4, PART XI, LINE 2D UNREALIZED GAINS 170,615 FORM 990, PAGE 2, PART III, LINE 4D MAINTAINED AN ONGOING ART APPRECIATION AND TEACHING FACILITY IN AN HISTORIC BUILDING WITHIN THE TOWN OF CONCORD, MASSACHUSETTS FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR COMMENTS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY THE AUDIT COMMITTEE REVIEWS THE SIGNED CONFLICT OF INTEREST FORMS AND DISCUSSES THE POLICY WITH THE BOARD. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST THE ASSOCIATION PROVIDES COPIES OF ITS FINANCIAL STATEMENTS AND OR GOVERNING INSTRUMENTS TO THE PERSON OR ENTITY REQUESTING THE INFORMATION. THE DOCUMENTS ARE ALSO AVAILABLE AT THE ASSOCIATION'S OFFICE DURING NORMAL BUSINESS HOURS. FORM 990, PART XI, LINE 9 UNREALIZED GAINS 170,615