nonprofit logo

Lyme Academy Of Fine Arts

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 060942210 ✦ Old lyme, CT ✦ Designated as a 501(c)(3)

Overview

What is Lyme Academy Of Fine Arts?

The Lyme Academy of Fine Arts, situated in Old Lyme, Connecticut, is a distinguished nonprofit institution that has reaffirmed its founding principles under the guidance of artistic directors Jordan Sokol and Amaya Gurpide. This husband-and-wife duo draws inspiration from the Academy's early leaders, sculptor Elisabeth Gordon Chandler and renowned artist Laci DeGerendey. The Academy's recent vision has attracted an increasing number of students and artists, who are now studying and teaching there. The Lyme Academy is currently launching a new sculpture program set to debut in fall 2023. A significant contribution of $1,000,000 from alumna Charlotte Colby Danly enabled the search for a teacher to uphold the Academy's esteemed tradition in sculpture. A committee, consisting of Ms. Danly, board member/artist Eileen Eder, board chair Michael Duffy, Jordan Sokol, Israeli sculptor Eran Weber, and the former head of the sculpture department at the Florence Academy, Robert Bode, conducted this search. After reviewing numerous applicants, the committee unanimously selected acclaimed sculptor Chad Fisher to serve as the Charlotte Colby Danly Sculpture Chair at Lyme Academy. The inaugural group of full-time sculpture students commenced their studies in the fall of 2023 under Mr. Fisher's tutelage. Furthermore, in March of 2023, the Academy hired a managing director, Wendy Bury, to oversee its daily operations and strategic planning initiatives. The Lyme Academy's mission is to teach the fundamental skills of drawing, painting, and sculpture in the figurative tradition. By focusing on training students in these skills and engaging with contemporary discourse, the Academy aims to foster a new generation of artists. Through its programs, the Academy seeks to enrich the cultural life of the community. With a workforce of 10 dedicated individuals, the Lyme Academy of Fine Arts continues to uphold its commitment to artistic excellence.


Official website here: www.lymeacademy.edu

Is Lyme Academy Of Fine Arts legitimate?

Lyme Academy Of Fine Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lyme Academy Of Fine Arts submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $536,345

For more financial information, click here


Official website here: www.lymeacademy.edu

What is the mission statement of Lyme Academy Of Fine Arts?

The Lyme Academy of Fine Arts is dedicated to teaching fundamental skills in drawing, painting, and sculpture, following the figurative tradition. By providing this training and engaging with contemporary discourse, the academy aims to foster a new generation of artists. Its programs aim to enrich the cultural life of the community, emphasizing the importance of foundational skills in art. The academy seeks to carry forward its distinguished tradition in sculpture, as demonstrated by the appointment of renowned sculptor Chad Fisher as the Charlotte Colby Danly Sculpture Chair.


Official website here: www.lymeacademy.edu

Who is the CEO of Lyme Academy Of Fine Arts?

Michael Duffy is the Chairman of Lyme Academy Of Fine Arts.


Official website here: www.lymeacademy.edu

What is the revenue of Lyme Academy Of Fine Arts?

Lyme Academy Of Fine Arts's revenue in 2023 was $1,429,130.


Official website here: www.lymeacademy.edu

Who are the executives of Lyme Academy Of Fine Arts and what are their salaries?

The average compensation at Lyme Academy Of Fine Arts during 2023 was $53,634. There are 10 employees and 30 volunteers at Lyme Academy Of Fine Arts.

Here are 22 key members and their salaries:

    Michael Duffy (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Lee Miller (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Knierim (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lee Bowes (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Griswold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sue Joffray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Kelsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Skelsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Barbieri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Will Allik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Grimaldi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eileen Eder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cassie Archer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joshua Janson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lincoln Chan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Hansen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Bachman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harry Segal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allen Rosenshine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russell Rushmeier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lymeacademy.edu

    Where can I find the form 990 for Lyme Academy Of Fine Arts?

    The Lyme Academy Of Fine Arts’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.lymeacademy.edu

    Learn more at the official website: www.lymeacademy.edu

    Mission Statement of Lyme Academy Of Fine Arts

    The Lyme Academy of Fine Arts, a prestigious institution, is dedicated to the mission of cultivating the fundamental skills in drawing, painting, and sculpture within the figurative tradition. By fostering a strong foundation in these artistic disciplines and engaging with contemporary discourse, the academy aims to inspire a new generation of talented artists. Through its programs, Lyme Academy of Fine Arts strives to enrich the cultural landscape of the community by empowering its students.

    Impact

    This information is meant to be a general summary of Lyme Academy Of Fine Arts. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Lyme Academy of Fine Arts has made a significant impact by revitalizing its founding principles under the leadership of artistic directors Jordan Sokol and Amaya Gurpide. Their vision has attracted a growing number of students and artists to study and teach at the academy, reviving its commitment to teaching foundational skills in drawing, painting, and sculpture in the figurative tradition. The launch of a new sculpture program in 2023 and the appointment of acclaimed sculptor Chad Fisher as the Charlotte Colby Danly Sculpture Chair further demonstrate the academy's dedication to empowering a new generation of artists. This renewed focus on traditional artistic practices and engagement with contemporary discourse serves to enrich both the students and the community at large.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $182,806
  • Program Service Revenue: $502,413
  • Gross Receipts: $1,693,157

    • Assets and Liabilities:
  • Total Assets: $15,291,724
  • Total Liabilities: $1,842,762
  • Net Assets: $13,448,962
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    OPEN STUDIO DRAWING

    Revenue

    $140

    TUITION

    Revenue

    $452,251

    WORKSHOP FEES

    Revenue

    $4,950

    YOUTH PROGRAM

    Revenue

    $45,072

    Organization Details

    Founding Year

    1976

    Principal Officer

    Michael Duffy

    Main Address

    84 LYME STREET, OLD LYME, CT, 06371

    NTEE Category

    Code: A250 - Arts

    If you are a representative of Lyme Academy Of Fine Arts and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.