Artsbridge Foundation Inc
- Assets
- $366.5k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 01/2005
- Data as of
- 09/2021
- EIN
- 20-1638556
Organization Overview
Artsbridge Foundation Inc is located in Atlanta, GA. The organization was established in 2005. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Artsbridge Foundation 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 09/2021, Artsbridge Foundation Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $343.7k during the year ending 09/2021. 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
MISSION - TO EXPAND ARTS EDUCATION FOR ALL GEORGIA STUDENTS. ARTSBRIDGE PROVIDES QUALITY ARTS EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMMING, DESIGNED TO INSPIRE CREATIVITY AND FOSTER THE NEXT GENERATION OF ARTISTS AND ARTS SUPPORTERS.SINCE 2007, ARTSBRIDGE HAS ENGAGED OVER 410,000 K-12 STUDENTS AND EDUCATORS FROM 67 GEORGIA COUNTIES (AND EVEN FIVE SURROUNDING STATES!). WE OFFER HIGH-QUALITY, CURATED PROGRAMS AT THE COBB ENERGY CENTRE IN THE FORM OF FIELD TRIPS, PROFESSIONAL DEVELOPMENT OPPORTUNITIES (MASTER CLASSES, COLLEGE FAIR, AND MORE), FAMILY PROGRAMS, THE ANNUAL GEORGIA HIGH SCHOOL MUSICAL THEATRE AWARDS - SHULER HENSLEY AWARDS (WINNER OF FOUR SOUTHEAST EMMY AWARDS) AND SNACK PACK PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GEORGIA HIGH SCHOOL MUSICAL THEATRE AWARDS - SHULER HENSLEY AWARDS - FASHIONED AFTER BROADWAY'S TONY AWARDS, THE GEORGIA HIGH SCHOOL MUSICAL THEATRE AWARDS - SHULER HENSLEY AWARDS PROGRAM CELEBRATES EXCELLENCE IN HIGH SCHOOL MUSICAL THEATRE. THE AWARDS ARE NAMED IN HONOR OF ACTOR/SINGER AND GEORGIA NATIVE, SHULER HENSLEY, WINNER OF THE PRESTIGIOUS TONY AWARD, OUTER CRITICS CIRCLE AWARD AND DRAMA DESK AWARD. THE PROGRAM EMBODIES A SPIRIT OF CAMARADERIE AND CELEBRATION FOR THE ARTS IN HIGH SCHOOLS ACROSS GEORGIA. ATLANTA'S COBB ENERGY PERFORMING ARTS CENTRE PROVIDES A BEAUTIFUL, STATE-OF-THE-ART HOME FOR THE SHULER AWARDS. THE SHULERS ARE A PART OF THE NATIONAL HIGH SCHOOL MUSICAL THEATRE AWARDS - THE JIMMY AWARDS . FOR 2021, THE PROGRAM WAS PRESENTED IN A VIRTUAL FORMAT.
MASTER CLASSES- THROUGH MASTER CLASSES, ARTSBRIDGE FOUNDATION OFFERS STUDENTS THE OPPORTUNITY TO TRAIN WITH PROFESSIONALS IN THE MANY DISCIPLINES OF THEATRE. FOR 2021, ALL MASTER CLASSES WERE PRESENTED IN A VIRTUAL FORMAT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clare Richardson President | OfficerTrustee | 2 | $0 |
Joanne Truffelman Vice President | OfficerTrustee | 1 | $0 |
Larry M Dingle Secretary/treasurer | OfficerTrustee | 1 | $0 |
Samit Roy Director | Trustee | 1 | $0 |
Helen Carlos Director | Trustee | 1 | $0 |
Matt Westmoreland Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $56,593 |
| All other contributions, gifts, grants, and similar amounts not included above | $366,588 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $423,181 |
| Total Program Service Revenue | $13,600 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,604,781 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,300 |
| Fees for services: Accounting | $8,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $209,168 |
| Advertising and promotion | $3,602 |
| Office expenses | $360 |
| Information technology | $2,550 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,043 |
| Insurance | $1,275 |
| All other expenses | $1,884 |
| Total functional expenses | $343,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $363,744 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,780 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $366,524 |
| Accounts payable and accrued expenses | $25,191 |
| Grants payable | $0 |
| Deferred revenue | $42,750 |
| 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 | $0 |
| Total liabilities | $67,941 |
| Net assets without donor restrictions | $275,523 |
| Net assets with donor restrictions | $23,060 |
| 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 | $366,524 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Artsbridge Foundation Inc has recieved totaling $118,364.
| Awarding Organization | Amount |
|---|---|
Zeist Foundation Inc Atlanta, GA PURPOSE: ARTS & CULTURE | $30,000 |
The Arthur M Blank Family Foundation Atlanta, GA PURPOSE: AFTER-SCHOOL ARTS WITH ARTSBRIDGE PILOT PROGRAM | $25,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $19,849 |
The Arthur M Blank Family Foundation Atlanta, GA PURPOSE: AFTER-SCHOOL ARTS WITH ARTSBRIDGE PILOT PROGRAM | $12,500 |
Bobbie Bailey Foundation Inc Tucker, GA PURPOSE: THEATRE EDUCATION | $10,000 |
Martha And Wilton Looney Foundation Inc Atlanta, GA PURPOSE: TO PROVIDE FINANCIAL ASSISTANCE FOR EXEMPT ACTIVITIES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adrienne Arsht Center Trust Inc Miami, FL | $40,375,100 | $35,550,513 |
Dr Phillips Center For The Performing Arts Inc Orlando, FL | $72,410,407 | $23,068,254 |
North Carolina Museum Of Art Foundation Inc Raleigh, NC | $80,876,506 | $13,828,837 |
Broward Performing Arts Foundation Inc Fort Lauderdale, FL | $22,267,625 | $6,295,369 |
Alabama Educational Television Foundation Authority Birmingham, AL | $11,749,441 | $5,899,982 |
Memphis Brooks Museum Of Art Inc Memphis, TN | $44,232,792 | $7,821,496 |
Marbles Kids Museum Raleigh, NC | $8,790,326 | $3,967,863 |
Udt-Seal Museum Association Inc Fort Pierce, FL | $11,703,499 | $4,225,376 |
Tampa Bay Performing Arts Center Foundation Inc Tampa, FL | $58,693,450 | $5,079,168 |
Bellingrath Gardens And Home Foundation Inc Theodore, AL | $4,998,208 | $3,680,917 |
Friends Of Nc State Museum Of Natural Sciences Raleigh, NC | $9,967,287 | $3,956,524 |
Centennial Park Conservancy Nashville, TN | $5,267,235 | $2,768,009 |