LYME ACADEMY OF FINE ARTS, of OLD LYME, CT, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $3.3M in revenue, $2.4M in expenses, $19.2M in total assets. 22 publicly reported grants to this organization, totaling roughly $1.2M, appear in IRS filings.
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.
How Lyme Academy of Fine Arts divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 22 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $3.3M | $2.4M | $19.2M |
| 2024 | $2.7M | $2.2M | $16.6M |
| 2023 | $1.4M | $1.8M | $15.3M |
| 2022 | $2.5M | $1.6M | $14.3M |
| 2021 | $518K | $922K | $13.8M |
Between 2021 and 2025, reported annual revenue grew from $518K to $3.3M (+535%), with total assets most recently reported at $19.2M.
Interactive year-over-year charts and full filing details available with membership.
