Interlude Artist Residency Inc
Nonprofit profile at a glance
- EIN
- 843279787
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Hudson, NY, USA
- Phone
- 3474195097
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts Service Organizations and Activities
Reported finances
- Revenue
- $149,042
- Expenses
- $94,623
- Assets
- $66,283
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- ELSIE KAGAN (CHAIR)
- CARL ROBICHAUD (SECRETARY & TREASURER)
- DANIELLE MYSLIEWIEC (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Interlude is a selective residency for parent artists, the only of its kind.
What it reported doing in 2024
We give artists the chance to make breakthrough work, get feedback, and grow their network. Each session is designed to meet the needs of each individual artist and their family to ensure their time is nurturing and productive. We provide on-site support from our residency manager, a stipend to defray costs, regular catered community dinners, and a kitchen stocked with basics. Staff help artists arrange in advance for childcare needs. Our program manager identifies high quality arts professionals for studio visits.over our first three years, interlude has hosted 50 resident artists for 3-4 week stays in the hudson valley. Our current cohort of 21 artists was selected from 450 applicants. The artists represent a wide range of viewpoints, backgrounds, and media. Interlude is free to attend and operates with philanthropic support. Our funding includes individual donations, grants from the sustainable arts & carpenter foundations, and nysca. We run a lean operation, and board members volunteer time and in-kind contributions to keep costs low. Residencies are critical for networking opportunities and building resumes, especially for parent artists re-entering the creative workforce. Interlude has quickly become recognized as a prestigious program and a "mark of excellence" for residents. We engage with our local community throughout our programming. Each cohort has several residents from the hudson valley. Our studio visits program provides honoraria to area arts professionals to conduct visits, provide feedback, and join in community dinners. In summer, we open our grounds to the community with family-friendly workshops, concerts and events. We collaborate with local arts organizations and residency programs for connection and mutual support.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 57% for direct work, and 43% for grants.
The verdict
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 100
- Sustainability: 72
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.4%; rating input score 59
- Program expense ratio: 93.5%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 36.5%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 0.7; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 8.9% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 37.7% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 35.7% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 59.4% of revenue deployed · 93.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $88K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.