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Nonprofit · EIN 01-0814383

SOMERVILLE OPEN STUDIOS INC

Tax-exempt · SOMERVILLE, MA 02144

Financials

$38K$42K2023$47K$41K2024
Revenue Expenses · by fiscal year end
Financials of SOMERVILLE OPEN STUDIOS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$47,151$41,269$5,882$46,455$0$46,455
June 30, 2024990-EZ$38,418$41,807-$3,389$40,573$0$40,573
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,430
Program service revenue
$44,700
Investment income
$21
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,111
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$2,000
Occupancy
$1,752
Printing, publications and postage
$5,738
Other expenses
$29,668
Program services (functional)
$37,553

Balance sheet and other

Total assets, start of year
$40,573
Total assets, end of year
$46,455
Total liabilities, end of year
$0
Net assets, end of year
$46,455
Cash, savings and investments
$46,455
Gross receipts
$47,151

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Hilary ScottPresident & Director8$0
Peter BelfordTreasurer & Director8$0
Terry DovidioClerk & Director8$0
Matt CarranoDirector4$0
Jane LongDirector4$0
Rajiv RamanDirector4$0
Julia TenneyDirector4$0
990-EZ for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensation
Hilary ScottPresident & Director8$0
Peter BelfordTreasurer & Director8$0
Terry DovidioClerk & Director8$0
Matt CarranoDirector4$0
Jane LongDirector4$0
Rajiv RamanDirector4$0
Julia TenneyDirector4$0

Address and contacts

Address (IRS master file)
58 DAY ST UNIT 442115, SOMERVILLE, MA 02144-4470
In care of
% MATTHEW CARRANO
Signed the 990-EZ
Peter Belford, Treasurer
Phone
(617) 398-0346

Mission

To broaden public awareness of the visual arts.

990-EZ for the year ended June 30, 2025

Program accomplishments

  • Produced an annual open studio event for the purpose of broadening public awareness of the visual arts and providing exposure to unknown and emerging artists in Somerville, MA, and providing the general public with opportunities to interact with over 390 artists in their studios. Estimated number public visitors: 5,000.
    Expenses $37,553
  • Provided financial aid to participating artists to defray costs of membership (required for participation in the annual event).
    grants $2,111

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
01-0814383
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
June
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$46,455
Income (IRS master file)
$47,151

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$47,151$41,269$46,455XML
990-EZJune 2024$38,418$41,807$40,573XML
990-EZJune 2023–––IRS
990-EZJune 2022–––IRS
990-EZJune 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0814383).

Questions about SOMERVILLE OPEN STUDIOS INC

What is the EIN of SOMERVILLE OPEN STUDIOS INC?
The employer identification number (EIN) of SOMERVILLE OPEN STUDIOS INC is 01-0814383.
Is SOMERVILLE OPEN STUDIOS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to SOMERVILLE OPEN STUDIOS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOMERVILLE OPEN STUDIOS INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of SOMERVILLE OPEN STUDIOS INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOMERVILLE OPEN STUDIOS INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who are the officers and directors of SOMERVILLE OPEN STUDIOS INC?
The 990-EZ for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does SOMERVILLE OPEN STUDIOS INC have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $47,151, expenses of $41,269 and total assets of $46,455 at year end.

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