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Filing year 2023

LYME ACADEMY OF FINE ARTS

Old Lyme, Connecticut·EIN 06-0942210·NTEE A250 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$2.7M
Total assets
$16.6M
Total expenses
$2.2M
Reported officers
23
Mission

THE MISSION OF THE LYME ACADEMY OF FINE ARTS IS TO TEACH THE FOUNDATIONAL SKILLS OF DRAWING, PAINTING, AND SCULPTURE IN THE FIGURATIVE TRADITION. BY ITS COMMITMENT TO TRAINING STUDENTS IN THESE SKILLS AND AN ENGAGEMENT WITH CONTEMPORARY DISCOURSE, THE ACADEMY WILL EMPOWER A NEW GENERATION OF ARTISTS. THROUGH ITS PROGRAMS, THE ACADEMY IS COMMITTED TO ENRICHING THE CULTURAL LIFE OF THE COMMUNITY.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Managing Drctr
Officer (Unspecified)
$69k
$77k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 22 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LYME ACADEMY OF FINE ARTS equaled 3% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
3%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LYME ACADEMY OF FINE ARTS

What are LYME ACADEMY OF FINE ARTS's revenue and expenses?

In 2023, LYME ACADEMY OF FINE ARTS reported $2.7M in total revenue and $2.2M in total expenses on its IRS Form 990.

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