2025-11-17T05:28:07-06:00 2025-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2024-07-01 842280321 FRIENDS OF ARROW STREET ARTS INC FRIE 6172992300 209 BATTERY STREET BURLINGTON VT 05401 DAVID T ALTSHULER PRESIDENT 6172992300 2025-11-14 1 1 DAVID KELLEHER CPA P01059560 5083669100 2025-11-14 2024 2025-03-06 01:10:19Z X DAVID T ALTSHULER 209 BATTERY STREET BURLINGTON VT 05401 4153372 0 X HTTP://WWW.ARROWSTARTS.ORG/ X 2019 VT FRIENDS OF ARROW STREET ARTS, INC. CURATES AND HOSTS A FULL CALENDAR OF MULTI-DISCIPLINARY ARTISTIC WORK TO ENGAGE, CHALLENGE, AND REIMAGINE PERFORMING ARTS AS A COMMUNITY ASSET AND OFFERS ACCESSIBLE, MULTI-ARTS SPACES AND PRODUCTION SERVICES TO ARTISTS AND ORGANIZATIONS WHO WELCOME, ENGAGE, AND CONNECT THEIR COMMUNITIES THROUGH THE TRANSFORMATIVE POWERS OF LIVE, IN-PERSON PERFORMANCES. 3 3 92 4 0 0 6114452 3806894 114430 293560 9765 0 14043 52918 6252690 4153372 0 0 0 0 274952 635017 0 0 25048 3440230 4086139 3715182 4721156 2537508 -567784 20064880 22417277 8532694 5291256 11532186 17126021 X FRIENDS OF ARROW STREET ARTS, INC. CURATES AND HOSTS A FULL CALENDAR OF MULTI-DISCIPLINARY ARTISTIC WORK TO ENGAGE, CHALLENGE, AND REIMAGINE PERFORMING ARTS AS A COMMUNITY ASSET AND OFFERS ACCESSIBLE, MULTI-ARTS SPACES AND PRODUCTION SERVICES TO ARTISTS AND ORGANIZATIONS WHO WELCOME, ENGAGE, AND CONNECT THEIR COMMUNITIES THROUGH THE TRANSFORMATIVE POWERS OF LIVE, IN-PERSON PERFORMANCES. 0 0 4492385 293711 FRIENDS OF ARROW STREET ARTS, INC. ("FRIENDS") HAS COMPLETED ITS START-UP PHASE AND IS NOW FULLY OPERATIONAL. FRIENDS CURATES AND HOSTS A FULL CALENDAR OF MULTI-DISCIPLINARY ARTISTIC WORK TO ENGAGE, CHALLENGE, AND REIMAGINE PERFORMING ARTS AS A COMMUNITY ASSET AND RENTS ITS SPACE TO ASPIRING AND ACCOMPLISHED PERFORMING ARTISTS AND ARTISTIC COMPANIES (OFTEN ON A DISCOUNTED BASIS) TO PRESENT THEIR WORKS TO THE COMMUNITY. THE VENUE ENCOMPASSES THE FIRST FLOOR OF AN EXISTING FOUR-STORY, 40,000 SF MIXED-USE BUILDING THAT OPENED IN 2005. WITH RENOVATIONS UNDERWAY AND PLANNED BY CHARLES ROSE ARCHITECTS, FRIENDS' 11,500 SF PERFORMANCE FACILITY WILL BE REVITALIZED WITH EXTENSIVE PRODUCTION INVESTMENTS IN TWO FLEXIBLE PERFORMANCE SPACES ALONG WITH OTHER UPGRADES TO ENHANCE THE AUDIENCE AND ARTIST EXPERIENCE ALIKE. A 4,500 SF BLACK BOX THEATER WILL OFFER VARIOUS SEATING CONFIGURATIONS FOR UP TO APPROXIMATELY 300 AUDIENCE MEMBERS; AND A NEW 1,100 SF STREET-FRONT STUDIO EXPANDS THE OVERALL ARTS FOOTPRINT BY ABOUT 10 PERCENT. THE STUDIO SPACE IS EXPECTED TO ACCOMMODATE UP TO 100 PEOPLE. BOTH SPACES WILL SUPPORT REHEARSALS, PERFORMANCES, AND SPECIAL EVENTS ACROSS A RANGE OF ARTISTIC GENRES, INCLUDING THEATER, SPOKEN WORD/ READINGS, DANCE, MUSIC, AND FILM. HIGHLIGHTS OF THE RENOVATIONS INCLUDE:(I) PERFORMANCE/REHEARSAL SPACES: FLEXIBILITY TO ACCOMMODATE MULTIPLE STAGING CONFIGURATIONS FOR USE IN A VARIETY OF CAPACITIES FOR THEATER, DANCE, MUSIC AND MORE; SPRUNG FLOORS FOR DANCE; COMPREHENSIVE, UPDATED LIGHTING, SOUND, PROJECTION, AND VIDEO PRODUCTION CAPACITIES. (II) AUDIENCE EXPERIENCE ENHANCEMENTS: IMPROVED AUDIENCE SEATING WITH OPTIONS TO "RIGHT-SIZE" AUDIENCE SEATING SIZE; UPDATED RESTROOM DESIGNS WITH PRIVATE, ALL-GENDER WATER CLOSETS; CENTRALIZED TICKETING SERVICES; EXPANDED FOOD & BEVERAGE SERVICE. (III) BACKSTAGE/PRODUCTION SUPPORT: ENHANCED DRESSING ROOM CAPACITIES WITH ADDITIONAL OVERFLOW CAPACITIES WHEN NEEDED; ARTISTS' GREEN ROOMS; DEDICATED WARDROBE/COSTUME CENTER WITH LAUNDRY. SINCE THE PROJECT WAS ANNOUNCED PUBLICLY IN JANUARY 2023, FRIENDS HAS ENGAGED WITH OVER 100 ARTISTS AND PRODUCING ORGANIZATIONS ABOUT THE POTENTIAL USE OF THE VENUE. 4492385 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 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 1 0 0 0 0 1 59 0 1 92 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 0 0 0 MA VT X THE ORGANIZATION 6172992300 C/O DINSE PC 209 BATTERY STREET BURLINGTON VT 05401 JAMES SWIFT TREASURER 2.00 X X 15000 0 0 CHRISTOPHER DAVIS SECRETARY 2.00 X X 15000 0 0 RENDOL BARLOW DIRECTOR 2.00 X 15000 0 0 DAVID T ALTSHULER PRESIDENT 10.00 X 0 0 0 45000 0 0 0 0 0 0 GYRO SERVICES INC 19 DUNBAR DRIVE ESSEX JUNCTION VT 05452 CONSULTING AND CONTRACTING SERVICES 1004107 SJB PRODUCTION SERVICES 412 W 42ND ST OFC 4E-3 NEW YORK NY 10036 DIGITAL COMMUNICATIONS AND VIDEO DESIGN 308967 2 3806894 3806894 PROGRAM FEES 900099 244931 244931 TICKET SALES 900099 48629 48629 293560 52767 0 52767 52767 52767 MISCELLANEOUS INCOME 900099 151 151 151 4153372 293711 0 52767 X 559638 559638 23862 23862 51517 51517 54305 49961 4344 43100 39652 3448 1008854 940352 68502 25048 25048 179211 119320 59891 35080 32274 2806 1389280 1389280 125328 125328 151843 151515 328 818105 818105 27136 18087 9049 REPAIRS AND MAINTENANCE 138604 138604 BOARD EXPENSE 45000 45000 FOOD 34890 34890 MISCELLANEOUS 10355 10355 4721156 4492385 203723 25048 536151 619199 1199 182332 6258839 12075897 49142 17402 16997 5292190 789211 7694897 4502979 5556392 4970731 20064880 22417277 114473 45581 8320 2848485 5561416 5245675 8532694 5291256 X 5273347 5350124 6258839 11775897 11532186 17126021 20064880 22417277 -567784 6161619 0 X X 0 1 X 1 0 X 2655900 6114451 3806894 12577245 2655900 6114451 3806894 12577245 12577245 113 23809 52767 76689 12653934 409141 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4260948 575224 3685724 924751 171391 753360 106491 42596 63895 4502979 RIGHT-OF-USE ASSETS - OPERATING 4970731 4970731 OPERATING LEASE LIABILITIES 5245675 5245675 X PART X, LINE 2: FASA ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE COMBINING FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASA HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE COMBINING FINANCIAL STATEMENTS AT JUNE 30, 2025. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION WAS FORMED AS A NONPROFIT CORPORATION WITH MEMBERS UNDER THE VERMONT NONPROFIT CORPORATION ACT. PURSUANT TO ARTICLE VII, SECTION 1 OF THE BYLAWS OF THE CORPORATION, THE CORPORATION HAS A SINGLE MEMBER, CONSISTING OF ONE PERSON 30 YEARS OF AGE OR OLDER, AS INITIALLY DETERMINED BY THE INCORPORATOR OF THE CORPORATION AND THEREAFTER AS DETERMINED BY THE MEMBER IN WRITING. PURSUANT TO ARTICLE II, SECTION 3 OF THE BYLAWS, THE BOARD OF DIRECTORS ARE ELECTED BY THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A PURSUANT TO ARTICLE II, SECTION 3 OF THE BYLAWS OF THE CORPORATION, THE SOLE MEMBER OF THE CORPORATION HAS THE POWER TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 768,652. MANAGEMENT AND GENERAL EXPENSES 68,502. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 837,154. CONTRACTED LABOR: PROGRAM SERVICE EXPENSES 171,700. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 171,700. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. ARROW STREET LLC 2 ARROW STREET CAMBRIDGE MA 02138 881249748 PROVIDE RESOURCES FOR ARTISTS TO ENGAGE THEIR COMMUNITIES VT 6508097 19559293 ARROW STREET ARTS INC