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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
Revenue & Stability
$2.7M annual revenue
Executive Compensation
$69K total officer comp (3.2% of expenses)
Filing Recency
Most recent filing: 2024
Asset Strength
$16.6M in assets
Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.