2021-11-01T16:10:36-05:00 2020-06-30 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD - SUITE 200 WESTBOROUGH MA 01581 990 2019-07-01 272604571 ARTISAN'S ASYLUM INC ARTI 6172846878 10 TYLER STREET SOMERVILLE MA 02143 NICOLAS WARREN TREASURER 6172846878 2021-11-01 1 SANDRA M BROWN CPA P01614103 5088717178 2021-11-01 2019 2022-09-23 18:48:47Z X NICOLAS WARREN 10 TYLER STREET SOMERVILLE MA 02143 1647718 0 X WWW.ARTISANSASYLUM.COM X 2010 MA TO SUPPORT AND PROMOTE THE TEACHING, LEARNING AND PRACTICE OF FABRICATION. 11 11 25 105 0 0 583127 279799 808592 1303466 0 0 7837 28920 1399556 1612185 0 4260 0 0 336125 336107 0 0 43841 1171800 1227853 1507925 1568220 -108369 43965 156759 324003 143779 267058 12980 56945 X TO SUPPORT AND PROMOTE THE TEACHING, LEARNING AND PRACTICE FABRICATION. 0 0 1283609 4260 1303466 ARTISAN'S ASYLUM IS A NON-PROFIT COMMUNITY WORKSHOP IN SOMERVILLE, MASSACHUSETTS. OUR MISSION IS TO SUPPORT AND PROMOTE THE TEACHING, LEARNING AND PRACTICE OF FABRICATION.TO SUPPORT THAT MISSION WE OFFER THE FOLLOWING:SHARED FABRICATION TOOLS AND EQUIPMENT IN ELECTRONICS, ROBOTICS, WOODWORKING, JEWELRY AND METALSMITHING, WELDING, PRECISION MACHINING, RAPID PROTOTYPING, DIGITAL FABRICATION, FIBER ARTS, SCREEN PRINTING AND MORE.A LARGE RANGE OF AFFORDABLE, PUBLICLY-ACCESSIBLE CLASSES OFFERED BY LOCAL ARTISANS, FOCUSING ON EITHER CREATING A FINAL PRODUCT THE STUDENT CAN TAKE HOME AFTER THE CLASS OR GENERAL TRAINING FOR SPECIFIC TOOLS.AFFORDABLE MONTHLY MEMBERSHIPS THAT INCLUDE ACCESS TO OUR FACILITY ON WEEKENDS AND AFTER TYPICAL WORKING HOURS.SPACE AND EQUIPMENT RENTALS TO MONTHLY MEMBERS INTERESTED IN HAVING ACCESS TO DESIGN AND FABRICATION EQUIPMENT WITHOUT HAVING TO INVEST IN CAPITAL EQUIPMENT AND LONG-TERM SPACE LEASES.ON-SITE MATERIAL AND PROJECT STORAGE ALLOWING MEMBERS TO CREATE AND STORE PROJECTS WITHOUT THE HASSLE OF HANDLING MATERIAL AND STORAGE LOGISTICS.HOST AND PROMOTE RELATED EVENTS WITH THE GOAL OF ENCOURAGING FABRICATION COMMUNITIES, SHARES SPACES & CULTURE.AS A RESULT OF THE COVID-19 PANDEMIC, AS FURTHER DISCUSSED IN NOTE 8, ARTISAN'S ASYLUM PRODUCED PERSONAL PROTECTIVE EQUIPMENT ("PPE") FOR AREA HOSPITALS TO ASSIST WITH THE SHORTAGE OF PPE NATIONWIDE. AS PART OF THIS INITIATIVE, THE ORGANIZATION RECEIVED A $77,500 GRANT TO SUPPORT THE PRODUCTION OF GOWNS DONATED TO LOCAL AREA HOSPITALS. 1283609 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 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 0 0 0 0 1 31 0 25 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 0 1 1 0 0 0 MA X THE ORGANIZATION 6172846878 10 TYLER STREET SOMERVILLE MA 02143 RACHEL O'NEIL CLERK 1.00 X X 0 0 0 MICHAEL DAWSON TREASURER 1.00 X X 0 0 0 STEVE DEREZINSKI PRESIDENT 1.00 X X 0 0 0 PAMELA ROSARIO PEREZ DIRECTOR 1.00 X 0 0 0 NICHOLAS WARREN DIRECTOR 1.00 X 0 0 0 LYNN GERVENS DIRECTOR 1.00 X 0 0 0 MOLLY RUBENSTEIN DIRECTOR 1.00 X 0 0 0 RAMESH ADVANI DIRECTOR 1.00 X 0 0 0 ARIEL MATISSE DIRECTOR 1.00 X 0 0 0 ROMAINE WAITE DIRECTOR 1.00 X 0 0 0 SAPNA TYANGI DIRECTOR 1.00 X 0 0 0 LARS HASSELBLAD TORRES EXECUTIVE DIRECTOR/CEO 40.00 X 84960 0 0 84960 0 0 0 0 0 0 0 64214 215585 279799 MEMBERSHIPS 900099 575512 575512 RENTAL FEE INCOME 532000 507293 507293 EDUCATIONAL 611600 210965 210965 OTHER PROGRAM REVENUE 532000 9696 9696 1303466 18177 5869 12308 12308 46276 29664 16612 16612 1612185 1320078 0 12308 4260 4260 82791 57954 16558 8279 220490 154343 44098 22049 855 598 171 86 31971 22380 6394 3197 49297 49297 123911 117797 6114 2533 2533 52656 36853 10538 5265 794197 754880 39317 13892 9725 2778 1389 36980 35131 1849 37637 25033 9028 3576 MATERIALS, SUPPLIES AND 62122 62122 BANK AND CREDIT CARD FE 35928 35928 BAD DEBT 18700 18700 1568220 1283609 240770 43841 30498 210136 4267 27931 4754 5676 430200 369940 97240 60260 20000 20000 156759 324003 26546 142388 74628 82623 24000 24000 18605 18047 143779 267058 X 12980 -15074 72019 12980 56945 156759 324003 43965 0 X 0 1 X 0 0 X 659282 688337 693773 583127 279799 2904318 659282 688337 693773 583127 279799 2904318 2904318 7825 12615 5653 7537 33630 2937948 4419824 0.98860 0.98820 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2015 AMOUNT: $ 7,825. 2016 AMOUNT: $ 12,615. 2017 AMOUNT: $ 5,653. 2018 AMOUNT: $ 7,537. 2019 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 139350 139003 347 290850 230937 59913 60260 SECURITY DEPOSITS 20000 20000 GIFT CERTIFICATE LIABILITY 18047 18047 1612185 0 1612185 0 1612185 1568220 0 1568220 0 1568220 ALIEN ADORNMENT 18177 18177 5869 18177 18177 5869 5869 12308 FORM 990, PAGE 1, B AMENDED RETURN EXPLANATION THE FORM 990 WAS AMENDED ONCE THE AUDITED FINANCIAL STATEMENTS WERE COMPLETED FOR FY 2020. BASED ON THE FINAL AUDITED NUMBERS, THE FOLLOW WAS AMENDED IN THIS RETURN: REVENUE INCREASED BY $48,087 EXPENSES DECREASED BY 46,611 AND LIABILITIES INCREASED BY 94,698. FORM 990, PART VI, SECTION A, LINE 6 ORGANIZATION HAS MEMBERS FORM 990, PART VI, SECTION A, LINE 7A AT THE ORGANIZATION'S ANNUAL MEETING, CURRENT BOARD MEMBERS PICK FOR MEMBER'S NAMES FOR ELECTION TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B EXPENDITURES $20,000 OR MORE NEED APPROVAL OF BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATIONS PROCESS HAS NOT CHANGED. FORM 990, PART VI, SECTION C, LINE 19 UPON WRITTEN REQUEST