National Arts Strategies Inc
- Assets
- $10.0m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 11
- Location
- Alexandria, VA
- Founding
- 08/1983
- Data as of
- 12/2021
- EIN
- 13-3170827
Organization Overview
National Arts Strategies Inc is located in Alexandria, VA. The organization was established in 1983. According to its NTEE Classification (A02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, National Arts Strategies Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Arts Strategies Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, National Arts Strategies Inc generated $2.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE, STRENGTHEN AND STABILIZE THE MANAGEMENT AND LEADERSHIP OF NONPROFIT ARTS ORGANIZATIONS BY OFFERING A COMBINATION OF TECHNICAL ASSISTANCE AND EXECUTIVE EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTS AND CULTURE STRATEGIES: A MULTI-YEAR PROCESS THAT STRENGTHENS ORGANIZATIONS AND INDIVIDUALS BY HELPING AND COACHING THEM TO DEVELOP STRONGER MANAGEMENT, ORGANIZATIONAL, AND FINANCIAL PRACTICES TO THE ULTIMATE BENEFIT OF THEIR CREATIVE MISSIONS. THE PROCESS AIMS TO CREATE LOCAL COMMUNITY BUILDING ENGAGEMENT ACTIVITIES AND THE ONGOING CAPACITY TO RESPOND TO CHANGES IN THE EXTERNAL ENVIRONMENT.
EDUCATION PROGRAM: FOR ARTS MANAGERS AND BOARD MEMBERS IN THEIR COMMUNITIES AND NATIONWIDE. NAS DELIVERS THIS PROGRAM WITH THE ASSISTANCE OF MULTI-YEAR GRANTS FROM NATIONAL AND REGIONAL FOUNDATIONS AND HAS DEVELOPED ONLINE COMMUNITY AND LEADERSHIP EDUCATION PROGRAMS IN CORE BUSINESS AREAS SUCH AS, STRATEGY, FINANCE, COMMUNITY & CULTURE, LEADING INNOVATION, EVALUATION, DIVERSITY AND SOCIAL CHANGE. THE PROGRAMS COMBINE THEORETICAL FRAMEWORKS WITH PRACTICAL APPLICATION, AND DRAW FACULTY FROM THE LEADING GRADUATE SCHOOLS OF BUSINESS. NAS PARTNERED WITH UNIVERSITIES FOR CHIEF EXECUTIVE PROGRAM, CREATIVE COMMUNITY FELLOWS AND ALUMNI PROGRAMS, CREATIVE COMMUNITY HOUSE NE PROGRAM AND RESIDENTIAL EDUCATION PROGRAM IN ARTS AND CULTURE STRATEGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Crider President & CEO | Officer | 55 | $189,791 |
Mark Resnick Treasurer | OfficerTrustee | 1.5 | $0 |
Angel Ysaguirre Chairman | OfficerTrustee | 1.5 | $0 |
Kristina Newman-Scott Vice Chairman | OfficerTrustee | 1.5 | $0 |
Torrie Allen Secretary | OfficerTrustee | 1.5 | $0 |
Alexander Gibson Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $918,252 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $918,252 |
| Total Program Service Revenue | $594,696 |
| Investment income | $40,456 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $491,346 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,044,750 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $245,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $222,328 |
| Compensation of current officers, directors, key employees. | $44,465 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $583,438 |
| Pension plan accruals and contributions | $14,155 |
| Other employee benefits | $119,579 |
| Payroll taxes | $56,495 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,621 |
| Fees for services: Accounting | $22,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $41,017 |
| Fees for services: Other | $183,892 |
| Advertising and promotion | $0 |
| Office expenses | $24,408 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $58,942 |
| Travel | $9,642 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,460 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,072 |
| Insurance | $16,838 |
| All other expenses | $708 |
| Total functional expenses | $2,154,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,881,958 |
| Pledges and grants receivable | $2,098,400 |
| Accounts receivable, net | $6,896 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $27,976 |
| Net Land, buildings, and equipment | $6,743 |
| Investments—publicly traded securities | $4,976,630 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,647 |
| Total assets | $10,002,250 |
| Accounts payable and accrued expenses | $333,541 |
| Grants payable | $0 |
| Deferred revenue | $170,162 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,887 |
| Total liabilities | $516,590 |
| Net assets without donor restrictions | $5,882,860 |
| Net assets with donor restrictions | $3,602,800 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,002,250 |
Grants Awarded
Over the last fiscal year, National Arts Strategies Inc has awarded $100,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
INTEMPO ORGANIZATION INC PURPOSE: FORWARD THINKING FELLOWSHIP | $10,000 |
Keene, NH PURPOSE: FORWARD THINKING FELLOWSHIP | $10,000 |
Lynn, MA PURPOSE: FORWARD THINKING FELLOWSHIP | $10,000 |
Brattleboro, VT PURPOSE: FORWARD THINKING FELLOWSHIP | $10,000 |
North Adams, MA PURPOSE: FORWARD THINKING FELLOWSHIP | $10,000 |
Dorchester Center, MA PURPOSE: FORWARD THINKING FELLOWSHIP | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that National Arts Strategies Inc has recieved totaling $1,975,200.
| Awarding Organization | Amount |
|---|---|
Bush Foundation St Paul, MN PURPOSE: CHANGE NETWORK PROGRAM: NORTH DAKOTA AND SOUTH DAKOTA COHORTS 5, 6, & 7 | $929,200 |
Barr Foundation Boston, MA PURPOSE: ARTS & CREATIVITY: TO SUPPORT THE DEVELOPMENT OF NEXT GENERATION ARTS LEADERS THROUGH A PILOT COACHING PROGRAM AND THE CREATIVE COMMUNITY FELLOWS PROGRAM | $620,000 |
Bush Foundation St Paul, MN PURPOSE: CHANGE NETWORK NORTH DAKOTA AND SOUTH DAKOTA COHORT 4 | $350,000 |
Barr Foundation Boston, MA PURPOSE: ARTS & CREATIVITY: TO PROVIDE AN AMENDMENT TO GRANT #20-08767 FOR PROFESSIONAL DEVELOPMENT COACHING | $70,000 |
Hartford Foundation For Public Giving Hartford, CT PURPOSE: GENERAL SUPPORT | $6,000 |
Endowment Analysis
| Beg. Balance | $4,313,447 |
| Earnings | $622,367 |
| Other Expense | $400,000 |
| Ending Balance | $4,535,814 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Arts Strategies Inc Alexandria, VA | $10,002,250 | $2,044,750 |
Bowie Ambulatory Management Corporation Bowie, MD | $86,573 | $586,763 |
Art Resources International Washington, DC | $0 | $51,687 |
Kentucky Association Of School Councils Danville, KY | $343,943 | $389,226 |
Live Oak Foundation Inc Sanford, NC | $4,704,664 | $427,441 |
Maryland Lawyers For The Arts Inc Owings Mills, MD | $207,174 | $235,334 |
American Cultural Resources Association Inc Washington, DC | $111,920 | $227,737 |
Lear Mentoring Inc Memphis, TN | $64,974 | $0 |
Riddicks Folly Inc Suffolk, VA | $845,378 | $124,942 |
Mccracken Kitty Kat Rescue Cleveland, TN | $39,527 | $0 |
Association Of Propasal Management Professionals Dumfries, VA | $197,798 | $0 |