Hartford Business Journal

www.HartfordBusiness.com October 12, 2015 • Hartford Business Journal 15 NONPROFIT PROFILE Hartford Stage Company 50 Church St., Hartford | hartfordstage.org MISSION To enlighten, entertain and educate by creating theatrical works of the highest caliber. TOP EXECUTIVE SERVICES Michael Stotts, Managing Director Performing arts and education organization. FY 2014 SUMMARY 2014 2013 Total Employees 247 281 Total Assets $15,009,891 $14,763,075 Total Liabilities $2,970,061 $3,225,468 REVENUES Contributions & Grants $4,093,761 $3,586,756 Program Service Revenue $4,014,947 $4,194,525 Investment Income $607,348 $393,555 Other $52,449 ($42,614) TOTAL $8,768,505 $8,132,222 EXPENSES Grants $0 $0 Member Benefits $0 $0 Salaries/Employee Benefits $4,504,566 $4,383,608 Fundraising Fees $0 $0 Other $4,100,409 $4,280,685 TOTAL $8,604,975 $8,664,293 MARGIN $163,530 $(532,071) TOP PAID EXECUTIVES (FY2014) Base Salary Total Compensation & Benefits Michael Stotts, Managing Director $186,354 $221,205 Darko Tresnjak, Artistic Director $186,354 $211,713 Michael Sandner, Director of Finance $74,284 $79,693 S O U R C E : G U I D E S T A R I R S 9 9 0 T A X F O R M New Britain's Hospital for Special Care (HSC) says a recent $500,000 state grant will enable it to establish Connecti- cut's first children's in-patient autism unit. The Autism Center at the Hospital for Special Care will open around November with eight beds for children and adoles- cents ages 10 to 21 with autism spectrum disorder. • • • The Tariq Farid Foundation, based in Wallingford, announced a $50,000 grant to the Syrian Kids Foundation and its Al Salam School, which provides educational opportunities to almost 2,000 Syrian refugee children in Reyhanli, Tur- key. The Tariq Farid Foundation supports organizations that relieve suffering by providing food and health care to those in need as well as supporting skill develop- ment opportunities. • • • The Hartford Foundation for Pub- lic Giving recently established the Black Philanthropy Giving Circle Fund, to create sustainable change in the black community by leveraging the philanthrop- ic efforts of donors and celebrating black philanthropy. Members of the fund will examine issues facing the black commu- nity in Greater Hartford and, collectively, recommend grants to nonprofit organiza- tions that work to address needs in the black community. • • • Windham Arts has awarded $35,000 to eight recipients as part of its Regional Initiative Grant program. The pilot REGI grant program was designed for grant seek- ers interested in the creation of small cultural projects that expand equitable access to the creative process. The grant awardees include: Bill Dougal of Lebanon; Ben Keller of Hebron; Hampton Recreation & Community Activities Commis- sion; CLICK of Willimantic; Windham Region Arts Council; Leila Philip of Woodstock; Oak Grove Montessori School of Mansfield; Cris Cadiz and Denise Matthews of Pomfret; and Northeast CTArt Guild. • • • John Michael Associates Inc., a New- ington promotional marketing firm, has raised $20,000 for a new multi-purpose building planned by Favarh's Life Educa- tion Center, aimed at promoting indepen- dence and an active and healthy lifestyle for people with intellectual and developmental disabilities. The money was raised by a fun- draiser event hosted by John and Sara Papa, JMA's president and CEO. • • • The Village for Families & Children was awarded a $130,000 grant from The Hartford, to support its programs for at- risk teenage girls. The Village's Community Life Skills for Girls program helps at-risk adolescents and young women develop the resilience, skills and family-community resources they need to succeed in school and in life. The program serves girls from the Asylum Hill neighborhood, as well as from throughout Greater Hartford, providing ser- vices year round. NONPROFIT NOTEBOOK We insure businesses large and small: Agribusiness • Construction • Finance & Real Estate • Manufacturing • Wholesalers • Hospitality • Transportation • Retailers • Service • Professional Office • Institutions • Wood Products At Acadia Insurance, we believe that better coverage means having an in- depth knowledge of your business. This means understanding the risks and uncertainties from your perspective. At Acadia Insurance, this is how we are closer to your business. And to you. Visit acadiainsurance.com Closer Coverage. OUR PRIORITY IS PROVIDING CLOSER COVERAGE FOR YOU. Acadia Insurance is a member company of W. R. Berkley Corporation, whose insurance company subsidiaries are rated A+ (Superior), Financial Size Category XV by A.M. Best Company. Products and services are provided by one or more insurance company subsidiaries of W. R. Berkley Corporation. Not all products and services are available in every jurisdiction, and the precise coverage afforded by any insurer is subject to applicable underwriting guidelines and the actual terms and conditions of the policies as issued. ACAD-0303 GeneralAd4.87x13.875.indd 1 10/5/15 4:28 PM

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