TY 2020 Form 990PF

Part I	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books	(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)
	1	Contributions, gifts, grants, etc., received (attach schedule)	69,443
2	Check .............
3	Interest on savings and temporary cash investments	0	0	0
4	Dividends and interest from securities...	0	0	0
5a	Gross rents............	0	0	0
b	Net rental income or (loss) 0
6a	Net gain or (loss) from sale of assets not on line 10		0
b	Gross sales price for all assets on line 6a 0
7	Capital gain net income (from Part IV, line 2)...		0
8	Net short-term capital gain.........
9	Income modifications...........			0
10a	Gross sales less returns and allowances	0
b	Less: Cost of goods sold....	0
c	Gross profit or (loss) (attach schedule).....		0		0
11	Other income (attach schedule).......		130,940	0	0
12	Total. Add lines 1 through 11........	200,383	0	0
	13	Compensation of officers, directors, trustees, etc.	0	0	0	0
14	Other employee salaries and wages......	0	0	0	0
15	Pension plans, employee benefits.......	0	0	0	0
16a	Legal fees (attach schedule).........		0	0	0	0
b	Accounting fees (attach schedule).......		0	0	0	0
c	Other professional fees (attach schedule)....		0	0	0	0
17	Interest...............	0	0	0	0
18	Taxes (attach schedule) (see instructions)...		46,226	0	0	0
19	Depreciation (attach schedule) and depletion...		41,906	0	0
20	Occupancy..............	147,105	0	0	147,105
21	Travel, conferences, and meetings.......	0	0	0	0
22	Printing and publications..........	0	0	0	0
23	Other expenses (attach schedule).......		5,327	0	0	5,327
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	240,564	0	0	152,432
25	Contributions, gifts, grants paid.......	0			0
26	Total expenses and disbursements. Add lines 24 and 25	240,564	0	0	152,432
	27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-40,181
b	Net investment income (if negative, enter -0-)		0
c	Adjusted net income (if negative, enter -0-)...			0

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	1,780	4,028	4,028
	2	Savings and temporary cash investments.........	0	0	0
	3	Accounts receivable 0
		Less: allowance for doubtful accounts 0	0	0	0
	4	Pledges receivable 0
		Less: allowance for doubtful accounts 0	0	0	0
	5	Grants receivable.................	0	0	0
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....	0	0
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts	0	0
	8	Inventories for sale or use..............	0	0	0
	9	Prepaid expenses and deferred charges..........	0	0	0
	10a	Investments—U.S. and state government obligations (attach schedule)		0
	b	Investments—corporate stock (attach schedule).......		0
	c	Investments—corporate bonds (attach schedule).......		0
	11	Investments—land, buildings, and equipment: basis 0
		Less: accumulated depreciation (attach schedule) 0	0	0	0
	12	Investments—mortgage loans.............	0	0	0
	13	Investments—other (attach schedule)..........		0
	14	Land, buildings, and equipment: basis 2,026,196
		Less: accumulated depreciation (attach schedule) 1,376,261	694,471	649,935	649,935
	15	Other assets (describe )	189,569	154,226	154,226
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	885,820	808,189	808,189
	17	Accounts payable and accrued expenses..........	0	0
	18	Grants payable.................	0	0
	19	Deferred revenue.................	0	0
	20	Loans from officers, directors, trustees, and other disqualified persons	0	0
	21	Mortgages and other notes payable (attach schedule)......	300,000	300,000
	22	Other liabilities (describe )	0	0
	23	Total liabilities (add lines 17 through 22).........	300,000	300,000
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	585,820	508,189
	29	Total net assets or fund balances (see instructions).....	585,820	508,189
	30	Total liabilities and net assets/fund balances (see instructions).	885,820	808,189

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1a
b
c
d
e

(e) Gross sales price		(f) Depreciation allowed (or allowable)	(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	0
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	0
c	All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	0
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	0
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax0	Refunded	11

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
Sharon T Griffis	President, Treasurer 55.00	0	0	0
18 Bristol ST New London,CT06320
Frances S Tripp	Secretary 3.00	0	0	0
3 Mill Lane Old Lyme,CT06371
Scot Thomas Tripp	Vice-President 3.00	0	0	0
56 Golf Street Groton,CT06340

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	INTERNATIONAL ARTIST-in-RESIDENCE PROGRAM: Established in 1989, artists from around the world, are chosen in a competitive selection process. Up to two artists are selected twice a year (total of 4) to participate for a period of 3 months each. The Griffis Art Center provides a fully furnished apartment, including all utilities, amenities, internet, and a spacious, separate artist's studio. During their residency artists may be offered an Open Studio, publications, filming for educational purposes, receptions, lectures, and introductions to members of the community. All community exhibitions and lectures are free and open to the public. Invited painters, poets and writers are welcomed to their host country to be immersed in the art, ideas, culture and spirit of their new communities. Because of Covid-19, there were no Artists-in-Residence in 2020 but the facilities were upgraded and maintained.	15,327
2	Community based projects: 1) A Collaboration with the Tributary Mill Conservancy for the Program Whispering Falls - Where Art and Science Meet. Shut down in March because of Covid-19 2) ARTS New London - A virtual Archive Project for the City of New London	3,756
3	SAPPHIRE HOUSE, GEMFIRE STUDIO, SKY BREAK: These turn-of-the-century properties have been renovated to offer rental apartments for artists, writers and composers. The rental rates are kept below market rates to assist artists, creating an artistic community within New London and to support the Residency Programs. Vacancies were high this year because of Covid-19.	130,862
4	The ROGER W. DENNIS IMPRESSIONIST GARDEN: Located on a vacant area between the buildings, a large garden planted for the use of the artists and writers living there. In addition to the artists and tenants use, neighborhood residents and local elementary and middle school groups use the RWD Garden for art, poetry and science projects. Several times during the year, the GAC hosts special programs for schoolchildren in the garden.	6,555

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2	.
All other program-related investments. See instructions.
3

		(a) Corpus	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7					0
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				128
b Total for prior years:2018, 20, 20			160
3 Excess distributions carryover, if any, to 2020:
a From 2015......	0
b From 2016......	0
c From 2017......	0
d From 2018......	0
e From 2019......	0
fTotal of lines 3a through e........		0
4Qualifying distributions for 2020 from Part
XII, line 4: $ 152,432
a Applied to 2019, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2020 distributable amount.....					0
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2020.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			160
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			160
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				128
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2016....	0
b Excess from 2017....	0
c Excess from 2018....	0
d Excess from 2019....	0
e Excess from 2020....	0

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2020	(b) 2019	(c) 2018	(d) 2017	(e) Total
	0	162,609	154,714	159,466	476,789
b 85% of line 2a .........	0	138,218	131,507	135,546	405,271
c Qualifying distributions from Part XII, line 4 for each year listed .....	152,432	162,609	154,714	159,466	629,221
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........	0	0	0	0	0
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	152,432	162,609	154,714	159,466	629,221
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......	649,935	649,935	744,730	829,837	2,874,437
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)	649,935	694,471	774,730	829,837	2,948,973
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...	132	128	160	211	631
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....	0	0	0	0	0
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....	5,507	0	0	4,540	10,047
(3) Largest amount of support from an exempt organization	63,936	6,904	7,053	8,795	86,688
(4) Gross investment income	0	0	0	0	0

na

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

Maison des Artistes
18 Bristol Street
New London,CT063205916
(860) 447-3431
director@griffisartcenter.com

bThe form in which applications should be submitted and information and materials they should include:

Applications are available on line at http://www.griffisartcenter.com

cAny submission deadlines:

April 15th and September 15th

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

For visual artists and writers

Enter gross amounts unless otherwise indicated.	Excluded by section 512, 513, or 514	(e) Related or exempt function income (See instructions.)
a	0	8	0	0
b	0		0	0
c	0		0	0
d	0		0	0
e	0		0	0
f	0		0	0
	0		0	0
gFees and contracts from government agencies
2 Membership dues and assessments....	0		0	0
3 Interest on savings and temporary cash investments ...........	0		0	0
4 Dividends and interest from securities....	0		0	0
5 Net rental income or (loss) from real estate:
aDebt-financed property......	0		0	0
bNot debt-financed property.....	0		0	0
6 Net rental income or (loss) from personal property	0		0	0
7 Other investment income.....	0		0	0
8 Gain or (loss) from sales of assets other than inventory ............	0		0	0
9 Net income or (loss) from special events:	0		0	0
10 Gross profit or (loss) from sales of inventory	0		0	0
11 Other revenue: a	0		0	0
b	0		0	0
c	0		0	0
d	0		0	0
e	0		0	0
12 Subtotal. Add columns (b), (d), and (e)..	0		0	0

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

(a) Name of organization	(b) Type of organization	(c) Description of relationship

(a) Reserved	(b) Reserved	(c) Reserved	(d) Reserved

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a				0

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Software ID:	20012075
Software Version:	V1.0
Part VI Line 7 - Tax Paid with the Original Return:	0


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................

bApproved for future payment

Total ................................. 3b

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a		0	8	0	0
b		0		0	0
c		0		0	0
d		0		0	0
e		0		0	0
f		0		0	0
		0		0	0
gFees and contracts from government agencies
2 Membership dues and assessments....		0		0	0
3 Interest on savings and temporary cash investments ...........		0		0	0
4 Dividends and interest from securities....		0		0	0
5 Net rental income or (loss) from real estate:
aDebt-financed property......		0		0	0
bNot debt-financed property.....		0		0	0
6 Net rental income or (loss) from personal property		0		0	0
7 Other investment income.....		0		0	0
8 Gain or (loss) from sales of assets other than inventory ............		0		0	0
9 Net income or (loss) from special events:		0		0	0
10 Gross profit or (loss) from sales of inventory		0		0	0
11 Other revenue: a		0		0	0
b		0		0	0
c		0		0	0
d		0		0	0
e		0		0	0
12 Subtotal. Add columns (b), (d), and (e)..		0		0	0

Name of organization GRIFFIS ART CENTER INC

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	Community Foundation of Eastern Connecticut 68 Federal ST New London, CT06320	$ 63,936	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Name of organization GRIFFIS ART CENTER INC		Employer identification number 06-1281243

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)


Name of organization GRIFFIS ART CENTER INC			Employer identification number 06-1281243
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
33 Granite ST	1994-03-08	149,000	6,011	straight line	40.000000	6,011
28 Bristol ST	1991-12-11	295,017	3,036	straight line	40.000000	3,036
Appliances, Furnishings, Renovations	1991-12-11	827,402	32,859	straight line	0.000000	32,859

Item No.	1
Lender's Name	Griffis Foundation
Lender's Title	President
Relationship to Insider	none
Original Amount of Loan	300,000
Balance Due	300,000
Date of Note	2011-05
Maturity Date	2026-05
Repayment Terms	quarterly payments interest only with final payment in full
Interest Rate	7.5000
Security Provided by Borrower	33 Granite ST and 28 Bristol Street real estate
Purpose of Loan	Facility renovations
Description of Lender Consideration	300000
Consideration FMV	0