2019-11-06T06:28:12-08:00 2018-12-31 030310172 OBrien Shortle Reynolds & Sabotka PC 54 North Main Street Rutland VT 05701 990 2018-01-01 222478074 VERMONT STUDIO CENTER INC VERM 8026352727 PO BOX 613 JOHNSON VT 05656 ELLEN MCCULLOCH-LOVELL INTERIM DIRECTOR 2019-11-06 true Karen A Bartlett P01305897 8027738344 2018 2020-03-31 21:24:44Z PO BOX 613 JOHNSON VT 05656 8002210 false false X WWW.VERMONTSTUDIOCENTER.ORG X 1983 VT TO SUPPORT ARTISTS AND WRITERS BY PROVIDING STUDIO RESIDENCIES IN AN INCLUSIVE INTERNATIONAL COMMUNITY, HONORING CREATIVE WORK AS THE COMMUNICATION OF SPIRIT THROUGH FORM. 22 22 60 74 0 2392553 1866215 2692459 2795458 589879 576996 232707 53393 5907598 5292062 1430592 1556310 0 1441732 1497400 0 245572 1830794 1986518 4703118 5040228 1204480 251834 13909529 13029821 558769 495561 13350760 12534260 TO SUPPORT ARTISTS AND WRITERS BY PROVIDING STUDIO RESIDENCIES IN AN INCLUSIVE INTERNATIONAL COMMUNITY, HONORING CREATIVE WORK AS THE COMMUNICATION OF SPIRIT THROUGH FORM. false false 4142298 1556310 2795458 In 2018, the Vermont Studio Center continued its fourth decade by providing more than 725 artists and writers with the invaluable combination of studio time and space, international community, optional artistic counsel, and daily life along the Gihon River in Johnson, Vermont. Artists and writers came from nearly all 50 states (plus Washington DC and Puerto Rico), and more than 30 countries. An all-time high of 240 of the participating residents received Fellowships, while 421 received some form of partial financial assistance, for a total of 661 artists who received financial support. VSC completed and cut the ribbon on the second project of its Campus Master Plan (CMP), the Church Studios, which had been off-line and unusable by VSC since a serious June 2016 fire. In addition, VSC received a generous matching challenge of $850K toward the third CMP project, the Pearl House. Scheduled to begin in October 2019, the restoration will create 14 individual resident bedrooms, and combine the historic stature of a landmark village home with all the efficiencies, safety, and accessibility of a modern building. In 2018, VSC began to set the stage for its 35th anniversary in 2019 with alumni events in VT, DC, Boston, Greenwich, NYC, LA, and Montreal, and a special fellowships campaign, 35 in 35 to inspire new fellowship donors. Strategic Planning continued in 2018 by bringing the board and staff together, under the guidance of a consulting facilitator, to re-affirm core values and set the goals and priorities for the next 3 years and beyond. As a parallel track, an on-going series of diversity and inclusion workshops supported staff in their effort to make VSC a welcoming place for all residents, employees, and volunteers. In its commitment to support the local community, the VSC School Art Program provided more than 225 local children with weekly art instruction and cultural enrichment; more than 100 public events were hosted by VSC in its historic former opera house on Main Street; and the VSC kitchen spent nearly a third of its food budget, or $125,000, on locally-sourced agricultural products. In 2018, the Vermont Studio Center received 857 individual charitable contributions ranging from $2 to $290K in support of all aspects of VSC community life. The VSC Endowment Fund maintained its all-time high of more than $8,200,000. 4142298 true true false false false false false false false true true false false false false true true false false false false false false false false false false false true true false false false false false false false false false false false true false false false false false false false false true 85 0 true 60 true false false false false false false false false 0 false false false false false false false false false false false false X 22 22 false false false false false false false true true false false false true true true true true true true false X MAXINE KELLY 8026352727 PO BOX 613 JOHNSON VT 05656 DAISY DESROSIERS Trustee 1.00 0.00 X 0 0 0 WINTHROP CONRAD Trustee 1.00 0.00 X 0 0 0 JOANNA KELLY Finance Directo 40.00 0.00 X 79863 0 27142 MAJOR JACKSON Trustee 1.00 0.00 X 0 0 0 JAMES TAYLOR Treasurer 1.00 0.00 X X 0 0 0 SUSAN CRONIN Trustee 1.00 0.00 X 0 0 0 LAURA WATT Trustee 1.00 0.00 X 0 0 0 MELINDA HACKETT Trustee 1.00 0.00 X 0 0 0 JO WEISS Trustee 1.00 0.00 X 0 0 0 LES FISHMAN Trustee 1.00 0.00 X 0 0 0 MARY LOUISE PIERSON Co Vice-Chair 1.00 0.00 X 0 0 0 WILLARD BOEPPLE Co-Vice Chair 1.00 0.00 X 0 0 0 MUSA MAYER Trustee 1.00 0.00 X 0 0 0 ALESSANDRA GREGG Trustee 1.00 0.00 X 0 0 0 JACQUELINE MAUER Trustee 1.00 0.00 X 0 0 0 KATHRYN LYNCH Trustee 1.00 0.00 X 0 0 0 FRED OSBORNE FOUNDER 1.00 0.00 X 0 0 0 TERESA ERNST WATERMAN Trustee 1.00 0.00 X 0 0 0 SARA LUTZ Trustee 1.00 0.00 X 0 0 0 NICHOLAS DELBANCO Trustee 1.00 0.00 X 0 0 0 SEBASTIAN MATTHEWS Chairman 1.00 0.00 X 0 0 0 BARBARA MARKS Trustee 1.00 0.00 X 0 0 0 SUSAN NEWBOLD Trustee 1.00 0.00 X 0 0 0 JONATHAN SINGER Trustee 1.00 0.00 X 0 0 0 GARY CLARK President 40.00 0.00 X 99885 0 28508 JONATHAN GREGG 0.00 0.00 X 20000 0 0 GEORGE PEARLMAN 0.00 0.00 X 0 0 0 199748 55650 0 true false false DONALD BLAKE INC 59 OLD CREAMERY ROAD MORRISVILLE VT 05661 CONSTRUCTION 561070 1 1866215 213006 1866215 PROGRAM REVENUE 611600 2795458 2795458 2795458 267761 267761 0 0 0 3019383 2710148 309235 309235 309235 0 0 0 MISC INCOME 900099 53393 53393 53393 5292062 3425847 0 1556310 1556310 0 0 199748 99863 99885 0 965248 698684 234952 31612 0 213475 125013 66100 22362 118929 72646 35007 11276 73748 73748 0 0 0 0 0 0 21341 21341 41475 37387 4088 36427 36427 0 894584 867746 17892 8946 200636 179497 3145 17994 0 0 0 0 210874 179243 16870 14761 0 FOOD 373815 373815 SERVICE CHARGES 39035 39035 MISCELLANEOUS 29790 3533 20921 5336 BOARD RELATIONS 20470 20470 44323 28043 7438 8842 5040228 4142298 652358 245572 596140 297479 0 212739 89739 3295 5866 0 0 0 0 23618 48294 8054390 3226996 4208953 4827394 8161424 7462668 0 0 0 703360 298381 13909529 13029821 254559 166403 304210 329158 558769 495561 X 6660522 5552541 895623 1187104 5794615 5794615 13350760 12534260 13909529 13029821 251834 -1006011 -62323 X false true X true false X 3020636 2963509 1993991 2392553 1866215 12236904 0 0 3020636 2963509 1993991 2392553 1866215 12236904 4352419 7884485 446739 268430 212652 589879 576996 2094696 0 0 14331600 9736961 0.55010 0.57780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8206224 -486548 164503 7555173 7437502 85787 1130535 447600 8206224 7436768 357786 357052 7437502 6682107 1558527 -68410 735456 7436768 5156347 1496523 196270 167033 6682107 0.24000 0.76000 false false false 292502 292502 7046437 3226996 3819441 715451 715451 4827394 X 2667418 -1006011 -62323 -1068334 3735752 1556310 1556310 5292062 3483918 3483918 1556310 1556310 5040228 Part V, Line 4: Intended uses of the endowment fund. ENDOWMENT FUNDS ARE INTENDED TO FURTHER THE MISSION OF THE ORGANIZATION Part X : FIN48 Footnote The Center is a nonprofit organization exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code and similar state provisions. It has been classified as an organization that is not a private foundation under Section 509(a) of the Internal Revenue Code and qualifies for the 50% charitable contributions deduction for individual donors.Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Center and recognize a tax liability (or asset) if the Center has taken an uncertain position that more-likely-than-not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Center and has concluded that as of December 31, 2018, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Center is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to 2015. Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S SCHOLARSHIPS NETTED ON F/S $1556310 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S SCHOLARSHIPS NETTED ON F/S $1556310 true 0 0 TUITION ASSISTANCE 661 1556310 TUITION ASSISTANCE Grantmaker's Description of How Grants are Used ALL GRANTS AND ASSISTANCE ARE AWARDED TO INDIVIDUAL RESIDENTS FOR ATTENDANCE AND USE AT THE INSTITUTION'S FACILITIES AND PROGRAMS AND/OR FOR TRAVEL TO AND FROM THE INSTITUTION. X true X false false false false false false false false false false JONATHAN GREGG 20000 20000 Part I, Line 1a: Relevant information in regards to selections on 1a. 9 213006 FMV false false false Form 990, Part VI, Line 11b: Form 990 Review Process FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE PRIOR TO FILING. THE AUDIT COMMITTEE REPORTS ON IT TO THE BOARD. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE ORGANIZATION DEVELOPED A STRATEGIC PLAN FOR SALARIES WHICH OUTLINED SALARY RANGES FOR KEY EMPLOYEES. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990 IS AVAILABLE AT GUIDESTAR.ORG Form 990, Part IX, Line 16 Breakdown of items that make up occupancy expense:Salaries & Wages $255,339Utilities $180,054Property Taxes $106,220Supplies $ 58,041Employee Benefits $ 78,626Insurance $ 55,332Repairs & Maintenance $ 42,981Linen $ 34,977Payroll Taxes $ 26,602Rent $ 31,800Auto $ 9,677Trash $ 6,892Campus Planning $ 0Interest $ 8,043