Arts Alive INC EIN 26-4222193 Form 990 (PDF) Claim this org

Arts Alive INC

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Advances arts and culture to enrich lives and foster a vibrant community. For fiscal year 2025 it reported $468K in revenue, $401K in expenses, and $143K in net assets.Pt I

Founded
2009
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Keene, NH
Website
monadnockartsalive.org
Filings
6 on file (2020–2025)
Revenue
$468KFY2025
Expenses
$401K
Net assets
$143K
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  26-4222193 Public charity (501(c)(3)) Keene, NH Founded 2009
Form 990 (PDF)
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Size
$100K–1M
What they do
Advances arts and culture to enrich lives and foster a vibrant community.
Leadership
Jennifer Paone · Trustee
Money in and out
$468K revenue, $401K expenses
Bottom line
73% program efficiency
Where the money goes · FY2025
Total revenue
$468K
Pt VIII · Ln 12
Total expenses
$401K
Pt IX · Ln 25
Net assets
$143K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $67K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.22 Fundraising $0.04
Program efficiency
73%
of spending reaches programs▲ +9% vs prior filing year
Operating runway
4.2mo
months of highly liquid reserves at operating expense rate▲ +147% vs prior filing year
Surplus margin
+14%
revenue over expenses, this year▲ ×13 vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$468K
FY2025▼ -16%
Expenses
$401K
FY2025▼ -27%
Total assets
$143K
FY2025▲ +74%
Total liabilities
$0
FY2025▼ -100%
Total revenue
$468K
Pt VIII · Ln 12
Total expenses
$401K
Pt IX · Ln 25
Net assets
$143K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$67K
Total assetsPt X · Ln 16$143K
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArts Alive INC
EINHdr · item D26-4222193
Principal addressHdr · item CKeene, NH
WebsiteHdr · item Jmonadnockartsalive.org
Year of formationHdr · item L2009
State of legal domicileHdr · item MNH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A20)
Ruling yearIRS BMFMay 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $277K of program spending, described in the organization's own filed words · FY2025.
01

Nova Arts

Nova arts block is a collaborative arts initiative focused on emerging artists, underrepresented voices, and unexpected juxtapositions. They presented and partnered with creative individuals, organizations, and ideas in the keene area and hosted the annual thing in the spring music festival.

$185Kprogram expense
02

Viva Bach Beterborough

The mission of this project is the celebrate the music of J.S. Bach via an annual bach festival during the beautiful month of october in peterborough, new hampshire! 2024 festival activities included concerts of professional musicians and concerts where community members can perform and engage, and more.

$70Kprogram expense
03

Discover Monadnock

Promotes arts and cultural attractions and events in the monadnock region. The website saw 47,000 unique active users with 256,000 events in 2025. The e-newsletter had 187,473 total sends and 21,216 total opens. The arts alive e-newsletter had 46,092 total sends and 9,490 total opens.

$22Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$305K · 65%
Program service revenue$124K · 27%
Other revenue$38K · 8%
Contributions & grants65%$305K
Program service revenue27%$124K
Other revenue8%$38K
Investment income$44
Total revenueLn 12$468K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.22 Fundraising $0.04
Program services73%$295K
Management & general22%$89K
Fundraising4%$18K
Total functional expensesLn 25$401K

Balance Sheet

Part X · end of year
CashLn 1$140K
Total assetsLn 16$143K
Total liabilitiesLn 26$0
Total net assetsLn 32$143K
Months of cash on handcomputed4.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $140K · Operating expenses/yr $401K
4.2 months
Where the money goes
Program services
Program services $295K · Total expenses $401K
73%
Management & General
Management & general $89K · Total expenses $401K
22%
Fundraising
Fundraising $18K · Total expenses $401K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $22K · Solicited contributions (3-yr avg) $298K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $305K · Total revenue $468K
65%
Government reliance
Government grants — · Total revenue $468K
Earned-income share
Program service revenue $124K · Total revenue $468K
27%
Investment reliance
Investment income $44 · Total revenue $468K
<0.01%
Program self-sufficiency
Program service revenue $124K · Total expenses $401K
31%
Growth & trend
Revenue growth (YoY)
This year $468K · Prior year $558K
-16%
Revenue CAGR
FY2020 $144K · FY2025 $468K
+27%
Net-asset trend (YoY)
End of year $143K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $468K · Expenses $401K
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $143K
Net-asset ratio
Net assets $143K · Total assets $143K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $143K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jennifer Paone · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $401K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $101K · Total expenses $401K
25%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 22%
Fundraising cost ratio 6%
Revenue growth -16%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$76K
Grants paid · 3 grants · $24K · 2022–2025
Unitemized GrantFY2025$4,500
Unitemized GrantFY2024$7,518

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$468K revenue · viewing · ⤓ 990 PDF
FY2024$558K revenue · ⤓ 990 PDF
FY2023$427K revenue · ⤓ 990 PDF
FY2022$338K revenue · ⤓ 990 PDF
FY2021$194K revenue · ⤓ 990 PDF
FY2020$144K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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