2026-02-04T07:08:41-06:00 2025-05-31 042979611 NARDELLA & TAYLOR LLP 24 HARTWELL AVENUE LEXINGTON MA 02421 990 2024-06-01 046072895 LEXINGTON ARTS AND CRAFTS SOCIETY INC LEXI 7818629696 130 WALTHAM STREET LEXINGTON MA 02421 SOYON PARK TREASURER 7818626664 2026-02-03 1 0 EDWARD TAYLOR P00299025 7818626833 2026-02-03 X 2024 2025-03-06 01:10:19Z SOYON PARK 130 WALTHAM ST LEXINGTON MA 02421 790645 0 X WWW.LEXART.ORG X 1952 MA TO PROMOTE THE INTERESTS AND STANDARDS IN ARTS AND CRAFTS IN THE COMMUNITY AND PROVIDE EDUCATION. 13 12 10 120 0 0 294192 364070 384283 382149 41455 44236 1749 190 721679 790645 8000 10000 0 0 375539 411647 0 0 96521 370912 431979 754451 853626 -32772 -62981 1853225 1815744 17857 14281 1835368 1801463 TO PROMOTE THE INTERESTS AND STANDARDS IN ARTS & CRAFTS IN THE COMMUNITY AND PROVIDE EDUCATION. 0 0 530012 10000 382339 THE SOCIETY HAS ABOUT 400 COMBINED MEMBERS AND STUDIO ARTISANS WORKING IN 9 STUDIO GROUPS. PROGRAMMING IS BROKEN INTO 3 PRIMARY AREAS, CONSISTING OF SHARED STUDIO/MAKER'S SPACES, A STUDIO EDUCATION PROGRAM OF AROUND 120 CLASSES AND WORKSHOPS ANNUALLY, AND GALLERY EXHIBITIONS, MARKETS AND FAIRS. ALL PROGRAMS ARE OPEN TO THE PUBLIC. 530012 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 1 10 1 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 0 0 0 0 MA X SOYON PARK TREASURER 7818629696 130 WALTHAM ST LEXINGTON MA 02421 WAYNE DAVIS DIRECTOR (FORMER CHAIR) 6.00 X X 0 0 0 MATTHEW SIEGAL PRESIDENT 40.00 X X 103656 0 0 CASSANDRA GOLDWATER VICE CHAIR 5.00 X X 0 0 0 MICHAEL LAWSON TREASURER 5.00 X X 0 0 0 RACHEL ROSENBLUM DIRECTOR 1.00 X 0 0 0 DIANE GORDON CHAIR 1.00 X X 0 0 0 NANCY CORNELIUS DIRECTOR 1.00 X 0 0 0 NICOLE MORDECAI DIRECTOR 1.00 X 0 0 0 JESSIE CHEN DIRECTOR 1.00 X 0 0 0 ALISON LAURIAT DIRECTOR 1.00 X 0 0 0 HANNAH WOLFE CLERK 20.00 X 34718 0 0 CRYSTAL RIBICH DIRECTOR 1.00 X 0 0 0 WILL DIXON DIRECTOR 1.00 X 0 0 0 CAROLYN PAMPINO DIRECTOR 1.00 X 0 0 0 138374 0 0 1 0 0 0 0 364070 364070 CLASS FEES 611610 176987 176987 STUDIO FEES AND SALES 611610 137691 137691 GALLERIES, FAIRS, HOLI 611610 49393 49393 MEMBERSHIP DUES / FEES 611610 18078 18078 382149 44236 44236 MISCELLANEOUS 900099 190 190 190 790645 382339 0 44236 10000 10000 145710 47304 69264 29142 230386 190978 21766 17642 35551 22524 8605 4422 54728 54728 40000 581 3464 35955 37741 20697 9535 7509 10784 10784 6309 6309 76837 59724 17113 41703 33362 8341 17591 8796 8795 INSTRUCTORS 72710 72710 STUDIO OPERATING EXPENS 29408 29408 OPERATIONAL SERVICES 18513 16662 1851 POSTAGE AND PRINTING 17720 14176 3544 7935 3090 4845 853626 530012 227093 96521 323045 222659 25000 1171196 530145 675760 641051 778434 901947 75986 25087 1853225 1815744 13745 9007 4001 4860 111 414 17857 14281 X 1627537 1566767 207831 234696 1835368 1801463 1853225 1815744 -62981 29076 0 X 0 1 X 1 0 X 482540 557980 323773 294192 364070 2022555 186577 310726 364346 386032 382339 1630020 669117 868706 688119 680224 746409 3652575 135600 43902 36250 37250 9869 262871 0 135600 43902 36250 37250 9869 262871 3389704 5781 5097 13255 41455 44236 109824 5781 5097 13255 41455 44236 109824 674898 873803 701374 721679 790645 3762399 0.90090 0.84140 0.02920 0.02100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 662568 55360 54648 772576 586206 7819 68543 662568 27778 553393 15634 -10599 586206 28344 -566 27778 25437 2907 28344 0.97256 0.01760 0.00984 1 0 9387 9387 198159 198159 0 791712 217952 573760 158478 114034 44444 13460 13460 641051 OTHER TAXES PAYABLE 414 414 X 819721 29076 29076 790645 0 790645 853626 0 853626 0 853626 PART X, LINE 2: THE SOCIETY HAS EVALUATED ITS TAX POSITIONS AND HAS CONCLUDED THAT THE SOCIETY HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THE SOCIETY'S TAX RETURNS FOR THE EYARS PRIOR TO MAY 31, 2022 ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND MASSACHUSETTS TAXING AUTHORITY. 0 SCHOLARSHIPS 8 10000 FORM 990, PART VI, SECTION A, LINE 6 EACH OF THE NINE STUDIO GROUPS IS COMPRISED OF MEMBERS WHO PAY ANNUAL MEMBERSHIP DUES. FORM 990, PART VI, SECTION A, LINE 7A PER THE REVISED AND RESTATED BY-LAWS ADOPTED SEPTEMBER 24, 2024, THE NOMINATING AND GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS SHALL PROPOSE INDIVIDUALS FOR CONSIDERATION FOR NOMINATION BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS SHALL NOMINATE INDIVIDUALS FOR ELECTION AT EACH ANNUAL MEETING, AND ANY TEN (10) MEMBERS MAY ALSO NOMINATE INDIVIDUALS FOR ELECTION AT ANY ANNUAL MEETING. INDIVIDUALS SHALL BE ELECTED TO SERVE AS MEMBERS OF THE BOARD OF DIRECTORS AT THE ANNUAL MEETING OR AT ANY SPECIAL MEETING HELD IN LIEU THEREOF. THE BOARD OF DIRECTORS ANNUALLY ELECT FROM ITS MEMBERS A PRESIDENT, VICE PRESIDENT, CLERK, AND TREASURER. THE BOARD OF DIRECTORS MAY APPOINT AN EXECUTIVE COMMITTEE CONSISTING OF THE OFFICERS AND SUCH OTHER BOARD MEMBERS AS IT MAY APPOINT, AND MAY DELEGATE AUTHORITY TO THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7B THE BY-LAWS MAY GENERALLY BE AMENDED BY VOTE OF THE BOARD OF DIRECTORS, SUBJECT TO SUBSEQUENT AMENDMENT OR REPEAL BY VOTE OF THE MEMBERS AT AN ANNUAL OR SPECIAL MEETING. NOTWITHSTANDING THE FOREGOING, AMENDMENTS TO CERTAIN PROVISIONS OF THE BYLAWS REQUIRE AN AFFIRMATIVE VOTE OF THE MEMBERS TO TAKE AFFECT AND CERTAIN FUNDAMENTAL DECISIONS ARE SUBJECT TO VOTE OF THE MEMBERS UNDER APPLICABLE CORPORATE LAWS OF THE COMMONWEALTH OF MASSACHUSETTS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE TREASURER AND THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS BEFORE IT IS FILED. THE FORM 990 IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES WERE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM DURING THE YEAR. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS AVAILABLE TO THE GENERAL PUBLIC UPON WRITTEN REQUESTS TO OUR FACILITY. FINANCIAL INFORMATION IS SHARED WITH THOSE ORGANIZATIONS WHO REQUEST INFORMATION FOR FOUNDATION/GRANT CONSIDERATIONS.