CSCharityScored
59

Lyme Academy Of Fine Arts Inc

Arts & Culture · Old Lyme, Connecticut

84 Lyme St, Old Lyme, CT 06371-2333

EIN: 060942210· Founded: Dec 1991· 35 years active· Filing Year: 2024

Annual Revenue

$2.7M

Total Expenses

$2.2M

Total Assets

$16.6M

Program Spending

33%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$69K

3.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$658K

Total Payroll

$727K

34% of total expenses

Where the Money Goes

33%
Programs: 33%
Payroll: 34%
Other overhead: 67%
Program Revenue$720K (27%)
Total Expenses$2.2M (81%)
Payroll$727K (34%)
Overhead (non-program)67%

Trust Score Breakdown

Program Spending Ratio

33% of expenses go to programs

40%

Revenue & Stability

$2.7M annual revenue

15%

Executive Compensation

$69K total officer comp (3.2% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$16.6M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.