2023-11-14T15:52:03-06:00 2022-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2022-01-01 010263908 SKOWHEGAN SCHOOL OF PAINTING AND SCULPTURE INC SKOW 2125290505 136 WEST 22ND STREET NEW YORK NY 10011 KATIE SONNENBORN CO-DIRECTOR 2125290505 2023-11-13 1 KATIE SONNENBORN 999009999 0 FREDERICK MARTENS P00298107 2126972299 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z ALAN WANZENBERG 136 WEST 22ND STREET NEW YORK NY 10011 14311291 0 X WWW.SKOWHEGANART.ORG X 1946 ME SKOWHEGAN, PRIMARILY A SUMMER RESIDENCY PROGRAM FOR EMERGING VISUAL ARTISTS ESTABLISHED IN 1946, SEEKS EACH YEAR TO BRING TOGETHER A GIFTED AND ARTISTICALLY DIVERSE GROUP OF INDIVIDUALS WHO HAVE DEMONSTRATED A COMMITMENT TO ART-MAKING AND INQUIRY TO CREATE THE MOST STIMULATING AND RIGOROUS ENVIRONMENT FOR A CONCENTRATED PERIOD OF ARTISTIC CREATION, INTERACTION AND GROWTH. SKOWHEGAN ALSO SPONSORS PROGRAMS IN NEW YORK CITY DURING FALL, WINTER AND SPRING TO FOSTER ITS MISSION AMONG ALUMNI AND THE VISUAL ARTS COMMUNITY. 23 23 56 60 0 0 4035071 8738356 0 482766 1315758 107235 86785 87794 5437614 9416151 0 236334 0 0 1664366 1965642 0 0 613931 1177416 1650123 2841782 3852099 2595832 5564052 36819916 37441974 253502 162018 36566414 37279956 X SKOWHEGAN, PRIMARILY A SUMMER RESIDENCY PROGRAM FOR EMERGING VISUAL ARTISTS ESTABLISHED IN 1946, SEEKS EACH YEAR TO BRING TOGETHER A GIFTED AND ARTISTICALLY DIVERSE GROUP OF INDIVIDUALS WHO HAVE DEMONSTRATED A COMMITMENT TO ART-MAKING AND INQUIRY TO CREATE THE MOST STIMULATING AND RIGOROUS ENVIRONMENT FOR A CONCENTRATED PERIOD OF ARTISTIC CREATION, INTERACTION AND GROWTH. SKOWHEGAN ALSO SPONSORS PROGRAMS IN NEW YORK CITY DURING FALL, WINTER AND SPRING TO FOSTER ITS MISSION AMONG ALUMNI AND THE VISUAL ARTS COMMUNITY. 0 0 2488703 236334 482766 SCHOOL SUMMER PROGRAM:SCHOOL OF PAINTING AND SCULPTURE SUMMER PROGRAM ATTENDED BY 53 STUDENTS. 160743 ALLIANCE AND ALUMNI ACTIVITES:SKOWHEGAN ALLIANCE AND ALUMNI ACTIVITIES, INCLUDING PERFORMANCES, WORKSHOPS, AND EXHIBITIONS. 2649446 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 0 1 0 1 0 1 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 38 0 1 56 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 1 0 NY X SKOWHEGAN SCHOOL OF PAINTING AND SCULPTURE 2125290505 136 WEST 22ND STREET NEW YORK NY 100112432 ANN L GUND CHAIR 1.00 X X 0 0 0 ALAN WANZENBERG PRESIDENT 3.00 X X 0 0 0 ELEANOR ACQUAVELLA SECRETARY 1.00 X X 0 0 0 GREGORY K PALM TREASURER 1.00 X X 0 0 0 JAN ARONSON TRUSTEE 1.00 X 0 0 0 RON BUCKLY TRUSTEE 1.00 X 0 0 0 JOHN R COLEMAN TRUSTEE 1.00 X 0 0 0 WARREN C COOK TRUSTEE 1.00 X 0 0 0 SHARON CORWIN TRUSTEE 1.00 X 0 0 0 CHIARA EDMANDS TRUSTEE 1.00 X 0 0 0 SUSAN PAUL FIRESTONE A '72 TRUSTEE 1.00 X 0 0 0 ELIZABETH R HILPMAN TRUSTEE 1.00 X 0 0 0 RENA HOFFMAN TRUSTEE 1.00 X 0 0 0 STEPHANIE HUNT TRUSTEE 1.00 X 0 0 0 ROBERT L LOOKER TRUSTEE 1.00 X 0 0 0 VICTORIA LOVE SALNIKOFF TRUSTEE 1.00 X 0 0 0 BERNARD I LUMPKIN TRUSTEE 1.00 X 0 0 0 JOHN MELICK TRUSTEE 1.00 X 0 0 0 JENNIFER NEW TRUSTEE 1.00 X 0 0 0 RICHARD T PRINS TRUSTEE 1.00 X 0 0 0 AMITHA RAMAN TRUSTEE 1.00 X 0 0 0 JUDSON P REIS TRUSTEE 1.00 X 0 0 0 PAULA J VOLENT TRUSTEE 1.00 X 0 0 0 KATHERINE S SONNENBORN CO-DIRECTOR 40.00 X 203712 0 4074 SARAH F WORKNEH CO-DIRECTOR 40.00 X 191679 0 13416 395391 0 17490 2 0 1 0 CIRCLE WEALTH 1300 6TH AVENUE NEW YORK NY 10019 INVESTMENT MANAGEMENT 219664 1 1178728 60000 7499628 169273 8738356 TUITION 541519 482766 482766 482766 318750 318750 4414416 4625931 -211515 -211515 -211515 252419 1178728 252419 0 97879 16790 81089 81089 OTHER INCOME 900001 6705 6705 6705 9416151 482766 0 195029 219234 219234 17100 17100 412881 257041 77920 77920 1172499 866299 50313 255887 110754 79071 8062 23621 105920 72109 9334 24477 163588 115699 13220 34669 44000 44000 219664 219664 102042 7259 93037 1746 819 94 725 41349 29245 3341 8763 227664 200412 12681 14571 74241 47543 20223 6475 382013 351451 15281 15281 58574 41427 4734 12413 PROGRAM MATERIALS 245569 245569 FUNDRAISING EVENTS 104472 104472 FACULTY FEES 77910 77910 OTHER EXPENSES 49873 15850 15701 18322 21933 6133 486 15314 3852099 2649446 588722 613931 492088 857858 43312 689149 1906000 5554369 407014 414331 52429 93768 50952 10406247 4008077 6446133 6398170 23537690 19296512 3751337 3753581 90145 427052 36819916 37441974 136120 126353 117382 35665 253502 162018 X 11943146 15885533 24623268 21394423 36566414 37279956 36819916 37441974 5564052 -4334987 -515523 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 1 22051016 661553 -3791871 1176050 17744648 19001773 655000 3438082 1043839 22051016 17007373 408292 2436477 850369 19001773 14551007 340312 2843604 727550 17007373 16130841 554586 -1327878 806542 14551007 0.00000 0.58407 0.41593 0 0 786362 786362 8237794 2934589 5303205 1382091 1073488 308603 6398170 ALTERNATIVE INVESTMENTS - GLOBAL EQUITY 23631 F ALTERNATIVE INVESTMENTS - TECH/HEALTHCARE 1336976 F ALTERNATIVE INVESTMENTS - VENTURE CAPITAL FUNDS OF FUNDS 2392974 F 3753581 4635048 -4334987 9882 -4325105 8960153 219664 236334 455998 9416151 3405983 9882 9882 3396101 219664 236334 455998 3852099 PART III, LINE 4: THE SCHOOL'S ARTWORKS CONSIST PRIMARILY OF WORKS CREATED BY AND DONATED BY STUDENTS ATTENDING THE SCHOOL AND ARE RECORDED AT THE APPRAISED VALUE AT THE DATE THE ARTWORKS ARE TRANSFERRED OR AT COST IF PURCHASED. ARTWORKS ARE MAINTAINED UNDER THE CARE OF MANAGEMENT. ARTWORK HELD FOR PUBLIC SERVICE ARE CATALOGUED, PRESERVED, AND CARED FOR, AND KEPT UNENCUMBERED, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. COLLECTION AND ARTWORKS HELD FOR SALE ARE INSURED FOR $380,000. PART V, LINE 4: THE SCHOOL USES A PORTION OF ITS ENDOWMENT ASSETS, GENERALLY NO MORE THAN 5% IN ANY PARTICULAR YEAR, FOR SUPPORT OF ITS OPERATIONS, AS DETERMINED ANNUALLY BY THE BOARD TO BE PRUDENT IN THE CIRCUMSTANCES. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS SHOWN NET OF REVENUE IN AUDITED FINANCIAL STATEMENTS 236,334. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLASHIPS SHOWN NET OF REVENUE IN AUDITED FINANCIAL STATEMENTS 236,334. 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NON-DISCRIMINATORY POLICY STATED IN PROGRAM INFORMATION ON WEBSITE, APPLICATION, AND FUNDRAISING MATERIALS. SCHEDULE E, PART I, LINE 4 THE SCHOOL DOES NOT KEEP OFFICAL RECORDS DOCUMENTING THE RACIAL COMPOSITION OF THE PARTICIPANT, FACULTY AND ADMINISTRATIVE STAFF. SCHEDULE E, PART I, LINE 6 $60,000 - GRANT FROM NATIONAL ENDOWMENT FOR THE ARTS 0 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT - SEE FORM 990, PART X, LINE 12 2211093 EAST ASIA AND THE PACIFIC 0 0 SCHOLARSHIPS TO RECIPIENTS LOCATED IN REGION 11500 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 SCHOLARSHIP TO RECIPIENT LOCATED IN REGION 5600 0 0 0 0 0 0 2228193 0 2228193 SCHOLARSHIPS EAST ASIA AND THE PACIFIC 2 0 17500 NON-CASH REDUCTION OF TUITION ACTUAL AMOUNT OF TUITION REDUCTION SCHOLARSHIP NORTH AMERICA 1 0 5600 NON-CASH REDUCTION OF TUITION ACTUAL AMOUNT OF TUITION REDUCTION 0 0 1 0 1 0 PART III ACCOUNTING METHOD: AWARDS DINNER 1431147 1178728 252419 23095 117726 111598 1431147 1178728 252419 23095 117726 111598 252419 0 1 SCHOLARSHIPS 50 0 219234 ACTUAL AMOUNT OF TUITION REDUCTION SCHOLARSHIPS ARE NON-CASH REDUTIONS IN TUITION. PART I, LINE 2: THE ORGANIZATION PROVIDES SCHOLARSHIPS TO ITS STUDENTS THAT ARE NON-CASH REDUCTIONS TO TUITION FEES. X 0 0 0 0 0 0 0 0 0 KATHERINE S SONNENBORN CO-DIRECTOR 203712 0 0 0 0 0 4074 0 0 0 207786 0 0 0 SARAH F WORKNEH CO-DIRECTOR 191679 0 0 0 0 0 3838 0 9578 0 205095 0 0 0 X 1 16500 X 7 152773 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B MINUTES TO MEETINGS OF COMMITTEES OTHER THAN JOINT EXECUTIVE COMMITTEE AND BOARD MEETINGS ARE KEPT, BUT NOT FORMALLY APPROVED. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE 990 IS DISTRIBUTED TO THE FINANCE COMMITTEE FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY COVERS ALL TRUSTEES, OFFICERS AND EMPLOYEES. THE POLICY REQUIRES ALL TRUSTEES, OFFICERS AND EMPLOYEES TO ANNUALLY FILL OUT A CONFLICT OF INTEREST DISCLOSURE ABOUT INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE SCHOOL USES THE INFORMATION ON THE DISCLOSURE FORMS TO MONITOR FOR POTENTIAL CONFLICTS. CONFLICTS INVOLVING EMPLOYEES, OTHER THAN DIRECTORS, ARE REVIEWED AND RESOLVED BY THE DIRECTORS. CONFLICTS INVOLVING TRUSTEES, OFFICERS, OR THE DIRECTORS, ARE REVIEWED AND RESOLVED BY THE BOARD. NO ONE WITH A CONFLICT IS ALLOWED TO PARTICIPATE IN ANY AFFECTED DECISION. FORM 990, PART VI, SECTION B, LINE 15 SALARIES ARE APPROVED BY THE BOARD OF TRUSTEES AS PART OF THE OVERALL BUDGET PROCESS. FROM TIME TO TIME, THE PRESIDENT REVIEWS PUBLICLY AVAILABLE DATA FROM OTHER SIMILAR INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.