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Connecticut · Nonprofit

FIVE POINTS CENTER FOR THE VISUAL ARTS INC

FIVE POINTS CENTER FOR THE VISUAL ARTS INC (Connecticut) receives grants from 15 organizations whose IRS filings report $650,322 to it, the largest being THE JOSEPH AND ROBERT CORNELL MEMORIAL FOUNDATION ($140,000). 11 of them have funded it in more than one year.

Revenue FY2024
$1.5M
Funders on record
15
Grants received
$650k
Net assets
$4.4M
11/15 repeat funderspeak grant-dependency 14%
01What it does

What Five Points Center for the Visual Arts Inc does

Mission

Five Points Arts' mission is to champion and nurture artists at all stages of their careers and to empower a diverse community through the presentation of inspiring exhibitions and educational initiatives.

As stated on its FY2024 Form 990.

Programs

  1. Five Points Arts finalized the purchase of the former University of Connecticut Torrington campus on June 30, 2020. The 30,000 sq. ft. building and surrounding 90 acres has been transformed into the Five Points Art Center. The center is designed as a dynamic, vibrant, cross disciplinary laboratory where artists explore new techniques and concept, learn from one another and engage the community through workshops, seminars, lectures, and outdoor interactive experiences.In conjunction with the Five Points' galleries and launchpad initiatives in downtown Torrington the Art Center will exponentially further the positive impact of the arts in our region and extend the understanding of the visual arts as a vehicle for positive social, community, cultural and economic change.

    $620,854 spent$109,950 earned by the program
    96% of program spending
  2. The Five Points Launchpad supports emerging artists by providing affordable shared studio spaces above Five Points Gallery. In addition to workspace, the initiative offers a mentorship program, a serious arts community, gallery management experience and a Five Points Gallery exhibition opportunity.

    $18,949 spent$19,698 earned by the program
    3% of program spending
  3. The Five Points Annex, an expansion of the Five Points Launchpad program, is an affordable community pop-up gallery managed by the Launchpad artists.

    $4,378 spent$6,300 earned by the program
    1% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $644,181.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($330k) Expenses 100 ($178k) Net assets 100 ($296k)2019 Revenue 129 ($427k) Expenses 111 ($197k) Net assets 178 ($526k)2020 Revenue 221 ($730k) Expenses 193 ($344k) Net assets 342 ($1.0M)2021 Revenue 813 ($2.7M) Expenses 280 ($499k) Net assets 1081 ($3.2M)2022 Revenue 269 ($887k) Expenses 431 ($769k) Net assets 1081 ($3.2M)2023 Revenue 386 ($1.3M) Expenses 436 ($776k) Net assets 1270 ($3.8M)2024 Revenue 456 ($1.5M) Expenses 525 ($935k) Net assets 1480 ($4.4M)
2018201920202021202220232024
Revenue (456)Expenses (525)Net assets (1480)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $1.2M to $3.4M (+180%).

$296k
$526k
$1.2M
$3.4M
$3.2M
$3.8M
$4.4M
2018201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 3% · 2019 2% · 2020 12% · 2021 2% · 2022 38% · 2023 52% · 2024 48%. Grants only. Government contracts and fees sit inside program revenue.

79% of FIVE POINTS CENTER FOR THE VISUAL ARTS INC’s revenue is contributions — more donation-reliant than the typical peer (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 7 reported years ran a deficit.

$152k
’18
$230k
’19
$386k
’20
$2.2M
’21
$119k
’22
$498k
’23
$571k
’24
2.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2018201920202021202220232024
Listed1113910101010
Joined·+3+2+3+0+0+0
No longer listed·162000
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 6 funders, grant income rose $7k → $49k.

5 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 25% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FIVE POINTS CENTER FOR THE VISUAL ARTS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FIVE POINTS CENTER FOR THE VISUAL ARTS INC has a broad base — no single funder exceeds 22% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

33% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FIVE POINTS CENTER FOR THE VISUAL ARTS INC.

22%
largest funder
47%
top three
~9
effective funders

Largest funder’s share by year: 2017 100% · 2018 64% · 2019 55% · 2020 49% · 2021 30% · 2022 31% · 2023 35% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

63% of FIVE POINTS CENTER FOR THE VISUAL ARTS INC's funders are still giving 3 years after their first grant; 73% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

FIVE POINTS CENTER FOR THE VISUAL ARTS INC draws 81% of its grant income from funders outside Connecticut, across 6 states in all.

NY
OH
CT
VA
NM
FL

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Connecticut out of state home

Funder states come from each funder’s own filing. $165k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FIVE POINTS CENTER FOR THE VISUAL ARTS INC runs a healthier operating margin than three-quarters of the 5,127 arts & culture nonprofits its size.

Operating margin38% · top quartile
Months of reserve2.5mo · below the median
Revenue growth (annualized)29% · top quartile

this organization peer median middle 50% of peers· 5,127 arts & culture nonprofits $1M–$10M, FY2024

Government funding FIVE POINTS CENTER FOR THE VISUAL ARTS INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.5M on record.

State$2.5M
19
20
21
22
23
24
25
26
Top programs
  • Pass thru Grant Non-State$2.3M
  • State Aid Grants$98k
  • Client Services-General$18k
  • Conf/Seminars/Workshop-Hosting$5k
  • Non-Employee Reimbursements$1k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like FIVE POINTS CENTER FOR THE VISUAL ARTS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Connecticut

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

69% of spending goes to programs.

Program 69%Management 23%Fundraising 8%

Governance

10
board members
90%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

85%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for FIVE POINTS CENTER FOR THE VISUAL ARTS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FIVE POINTS CENTER FOR THE VISUAL ARTS INC?
FIVE POINTS CENTER FOR THE VISUAL ARTS INC (Connecticut) receives grants from 15 organizations whose IRS filings report $650,322 to it, the largest being THE JOSEPH AND ROBERT CORNELL MEMORIAL FOUNDATION ($140,000). 11 of them have funded it in more than one year.
How many funders does FIVE POINTS CENTER FOR THE VISUAL ARTS INC have?
IRS filings report 15 organizations giving $650,322 in grants to FIVE POINTS CENTER FOR THE VISUAL ARTS INC, 11 of which have funded it in more than one year.
Who is the largest funder of FIVE POINTS CENTER FOR THE VISUAL ARTS INC?
THE JOSEPH AND ROBERT CORNELL MEMORIAL FOUNDATION is the largest funder on record, with $140,000 in grants. The full list of funders is on this page.
How can an organization like FIVE POINTS CENTER FOR THE VISUAL ARTS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Five Points Center for the Visual Arts →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 15 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing