2023-01-31T14:36:26-06:00 2022-09-30 043257840 CRR LLP 545 Salem Street Wakefield MA 01880 990 2021-10-01 043034682 Arlington Center for the Arts Inc Tom Formicola Exec Director ARLI 7816486220 20 Academy Street Arlington MA 02476 Tom Formicola Executive Director 7816486220 2023-01-23 1 Tom Formicola 999009999 Nino Visconti P00303886 7812797788 2023-01-23 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z Tom Formicola 20 Academy Street Arlington MA 02476 804371 0 X www.acarts.org X 1989 MA Education in and community development of the arts. 15 15 69 75 0 0 410557 119417 507750 680076 878 4728 0 0 919185 804221 0 0 0 0 525024 537023 0 0 105910 290130 332754 815154 869777 104031 -65556 1079609 980555 160177 126188 919432 854367 Education in and community development of the arts. 0 0 689700 680076 Educational programs conducted through various programs, classes and camps for children and adults in the areas of art, music, drama, and crafts. 689700 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 69 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X Julie Neu 7816486220 20 Academy Street Arlington MA 02476 Emily Belz Director 1.00 X 0 0 0 Karen Brown Co-Chair 1.00 X X 0 0 0 Sarah Buyer Secretary 1.00 X X 0 0 0 Tino D'Agostino Director 1.00 X 0 0 0 Cathy Garnett Director 1.00 X 0 0 0 Patrick Guthrie Director 1.00 X 0 0 0 Ari Herbstman Director 1.00 X 0 0 0 Bruce Hoppe Director 1.00 X 0 0 0 Thomas Kekelik Director 1.00 X 0 0 0 Nandana Mewada Director 1.00 X 0 0 0 Nilou Moochhala Director 1.00 X 0 0 0 Margaret Moody Director 1.00 X 0 0 0 Julie Neu Treasurer 1.00 X X 0 0 0 John Oliver Co-Chair 1.00 X X 0 0 0 Romy Wilhelm Director 1.00 X 0 0 0 Thomas Formicola Executive Director 40.00 X X 93730 0 0 93730 0 0 0 0 0 0 0 4000 115417 119417 Tuition 611610 582124 582124 Exhibits and concessio 611710 45565 45565 Rent 532000 27467 27467 Membership dues 611710 24920 24920 680076 4878 4878 150 -150 -150 -150 804221 680076 0 4728 468790 383490 20913 64387 19603 14461 723 4419 48630 35500 2918 10212 14650 14650 67987 57187 10800 2749 2749 58411 50404 8007 393 393 3909 3909 92036 92036 6758 3379 3379 Supplies 31110 25038 3621 2451 Bank and credit card fe 21380 16685 524 4171 Event expense 16862 16862 Telephone 5606 3363 1682 561 10903 5015 3041 2847 869777 689700 74167 105910 136808 249070 192305 192932 121344 0 9439 10441 874416 357016 609436 517400 7857 8292 2420 2420 1079609 980555 59848 56205 17077 22406 83252 47577 160177 126188 X 919432 854367 919432 854367 1079609 980555 -65556 492 0 X 0 1 X 1 0 X 365890 136218 94971 148425 119414 864918 553360 611624 250559 509015 680076 2604634 919250 747842 345530 657440 799490 3469552 0 0 0 3469552 112 82 2001 878 4888 7961 112 82 2001 878 4888 7961 919362 747924 347531 658318 804378 3477513 0.99770 0.99920 0.00230 0.00080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 66134 66134 418020 276820 -2801 625905 66134 777705 310178 467527 96711 46838 49873 517400 X 804712 491 491 804221 0 804221 869777 0 869777 0 869777 Part X, Line 2: FIN 48 Footnote The Center evaluates its uncertain tax positions using the provisions of ASC 450, "Contingencies". Accordingly, a loss contingency is recognized when it is probable that a liability has been incurred as of the date of the financial statements and the amount of the loss can be reasonably estimated. The amount recognized is subject to estimate and management judgement with respect to the likely outcome of each uncertain tax position. The amount that is ultimately sustained for an individual uncertain tax position or for all uncertain tax positions in the aggregate could differ from the amount recognized. As of September 30, 2022, the Center had no material unrecognized tax benefits and no adjustments to liabilities or operations were required under ASC 740. The Center's practice was and continues to be to recognize interest and penalty expenses related to uncertain tax positions in income tax expense, which were zero for the year ended September 30, 2022. Generally, the Center's three preceding tax years are subject to examination by federal and state taxing authorities. There are no income tax examinations currently in process. Form 990, Part VI, Section B, line 11b Management reviews Form 990 and verifies the information and consistency with audited financial statements, accounting records and other documents maintained by the Organization. Form 990, Part VI, Section B, line 12c The Organization requires responsible personnel and board members to disclose any conflicts of interest as they become known and a review of the policy is performed annually. Form 990, Part VI, Section B, line 15 The Board of Directors reviews and approves compensation for the executive director annually. Compensation and adjustments for officers and key employees are determined when the annual budget is presented and adjustments are approved by the Executive Director and Board of Directors. Form 990, Part VI, Section C, line 19 Governing documents are available upon request and via the Massachusetts Secretary of State's website.