Hartford Business Journal

16 Hartford Business Journal • October 26, 2015 www.HartfordBusiness.com NONPROFIT PROFILE Greater Hartford Arts Council 100 Pearl St., Hartford | letsgoarts.org MISSION To provide leadership for the financial success and organizational stability of the arts, heritage and cultural community of Connecticut's capital region. TOP EXECUTIVE SERVICES Catherine Malloy, CEO Provides grants, programs and services designed to leverage the arts to strengthen communities. FY 2014 SUMMARY 2014 2013 Total Employees 18 16 Total Assets $2,571,902 $3,171,572 Total Liabilities $1,367,636 $1,663,961 REVENUES Contributions & Grants $3,222,184 $3,337,739 Program Service Revenue $170,662 $333,095 Investment Income $8,855 $13,958 Other $25,972 $62,959 TOTAL $3,427,673 $3,747,751 EXPENSES Grants $1,614,862 $1,627,219 Member Benefits $0 $0 Salaries/Employee Benefits $883,232 $992,764 Fundraising Fees $0 $0 Other $849,407 $1,166,278 TOTAL $3,347,501 $3,786,261 MARGIN $80,172 $(38,510) TOP PAID EXECUTIVES (FY2014) Base Salary Total Compensation & Benefits Catherine Malloy, CEO $165,000 $177,506 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 NONPROFIT NOTEBOOK Mystic Aquarium received a $3 million competitive grant from the Department of Justice, Office of Juvenile Justice and Delin- quency Prevention, to develop and implement an innovative, conservation-based, science, technology, engineering and math mentor- ing initiative for youth. The program aims to positively impact the social development and academic achievement of at-risk and high- risk youth by connecting youth with mentors in weekly sessions in a safe and stimulating after-school environment. • • • The Greater Hartford Arts Council has awarded $77,500 in Hartford events grants to over 20 arts and cultural orga- nizations across Greater Hartford. These grants support dozens of free exhibits, performances, festivals and parades that celebrate Hartford's cultural diversity, gen- erate economic growth and promote com- munity engagement. Hartford events grants are supported by contributions to the Arts Council's United Arts Campaign, as well as contributions from the United Way of Cen- tral and Northeastern Connecticut. • • • Berkshire Bank Foundation has awarded $9,500 in grants and pledges to four nonprofit organizations in Connecticut during their third quarter grants cycle. The funding from Berkshire Bank Foundation supported a variety of organizations includ- ing: Connecticut Historical Society, Hart- ford; InterCommunity Recovery Centers, East Hartford; Mercy Housing & Shelter Corp., Hartford; and Nutmeg Big Brothers Big Sisters, Hartford. • • • End Hunger Connecticut! has received a $40,000 grant from Walmart Foundation to support SNAP outreach and education in schools across Connect- icut. The program will target 74 schools across Connecticut seeking to educate families about the SNAP program and increase program participation. This ini- tiative is designed to help more school districts qualify for community eligibil- ity, a provision that allows districts with a high volume of food insecure families to serve free breakfasts and lunches to all students. • • • The First Niagara Foundation announced grants totaling $1 million to support not-for-profit youth mentoring programs and organizations across New York, Pennsylvania, Connecticut and Mas- sachusetts through the regional bank's Mentoring Matters program. Thirty eight not-for-profit organizations across First Niagara's footprint will share in the $1 million grant award, directly benefiting more than 40,000 children who participate in these programs. • • • The UIL Holdings Corp. Foundation announced a $25,000 grant to support the construction of a new Ronald McDonald House to be built directly across from Yale- New Haven Children's Hospital, helping to give more families a place to stay while their children are receiving care at the hos- pital. The Ronald McDonald House is open to referred families whose children have been diagnosed with a serious illness and are seeking treatment. ® 83% of consumers familar with BBB are more likely to purchase when a business displays BBB's Accreditation Seal.* When consumers see the BBB Accreditation Seal they see trust. APPLY TODAY bbb.org *2014/2015 Nielsen DEPENDABLE ® P.O. Box 2468, New Britain, CT 06050 800.969.3837 nteriors.com Summer, Fall, Winter, Spring Keep your exterior colorful and festive year round with our exterior seasonal program! indoor / outdoor plantscapes • holiday decor From Central Connecticut's trusted business news source. It's the up-to-date information you need to do better business! Get local breaking business news daily! Sign up today at HartfordBusiness.com: Click on the 'subscribe' button HBJToday and

• Cover