Morgan Art Of Paper Making Conservatory And Educational Found
- Assets
- $3.4m
- Revenue
- $722.4k
- Investments
- $0.0
- Employees
- 18
- Location
- Cleveland, OH
- Founding
- 07/2007
- Data as of
- 12/2023
- EIN
- 20-8449572
Organization Overview
Morgan Art Of Paper Making Conservatory And Educational Found, operating under the name Morgan Conservatory, is located in Cleveland, OH. The organization was established in 2007. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Morgan Conservatory employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morgan Conservatory 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 12/2023, Morgan Conservatory generated $722.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $578.1k during the year ending 12/2023. While expenses have increased by 4.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
A NON-PROFIT ART CENTER DEDICATED TO THE PRODUCTION AND PRESERVATION OF HAND PAPERMAKING AND THE ART OF THE BOOK. THE MORGAN PURSUES ITS EDUCATIONAL AND CHARITABLE PURPOSES BY CONDUCTING WORKSHOP, EXHIBITIONS AND TOURS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MORGAN ART OF PAPERMAKING CONSERVATORY AND EDUCATIONAL FOUNDATION IS A NON-PROFIT ART CENTER DEDICATED TO PRODUCING AND PRESERVING HAND PAPERMAKING AND THE ART OF THE BOOK. THE MORGAN PURSUES ITS EDUCATIONAL AND CHARITABLE PURPOSES BY CONDUCTING WORKSHOPS, EXHIBITIONS, AND TOURS. 15 ARTISTS PARTICIPATED IN OPEN STUDIO, AND WE HOSTED 12 LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL ARTISTS-IN-RESIDENCE. THE MORGAN RECEIVED WELL OVER 800 HRS OF VOLUNTEER SERVICES FROM OVER 50 VOLUNTEERS. OUR GALLERY PRESENTED FIVE FREE CURATED EXHIBITIONS, WHICH INCLUDED THE NATIONAL JURIED SHOW WHICH GARNERED OVER 120 LOCAL AND NATIONAL ENTRIES. WE PROVIDED NEARLY 130 ARTISTS WITH THE OPPORTUNITY TO EXHIBIT WITH POTENTIAL SALES OF ARTWORK. TOTAL ATTENDANCE (AGE RANGE 0 - 80+) AT THE EXHIBITIONS WAS MORE THAN 800 INDIVIDUALS. ALL EXHIBITIONS INCLUDED AN ARTIST TALK, FREE AND OPEN TO THE PUBLIC, AND 10 ADDITIONAL LECTURES WERE PRESENTED BY ARTISTS- IN-RESIDENCE, ATTENDED BY 130 INDIVIDUALS OF ALL AGES. ALL EXHIBITIONS FURTHERED THE MORGANS MISSION TO BRING THE ART OF HANDMADE PAPER, PRINT, AND BOOK TO THE PUBLIC TO EDUCATE AND PROVIDE CULTURAL DIVERSITY AND ENRICHMENT TO THE LOCAL COMMUNITY. THERE WERE NEARLY 2100 VISITORS IN 2023. APPROXIMATELY 40% WERE SENIORS, 20% WERE CHILDREN, AND 40% WERE ADULTS. IN 2023, THE MORGAN OFFERED THE PUBLIC 40 WORKSHOPS IN HAND PAPERMAKING, PRINT, BOOK, AND PAPER ARTS. WORKSHOPS, VIRTUAL AND ON-SITE, WERE ATTENDED BY 171 INDIVIDUALS NATIONWIDE. INTERNS AND VOLUNTEERS (MAJORITY COLLEGE STUDENTS) CAN SERVE AS ASSISTANTS IN THE WORKSHOPS OR PARTICIPATE FOR A MINIMAL MATERIALS FEE. TEN EMPLOYEES AND CONTRACT WORKERS WERE AFFORDED THE OPPORTUNITY TO LEARN PAPERMAKING, LETTERPRESS, FINE PRINTING, BOOK AND PAPER ARTS. TWENTY FIVE CUSTOM WORKSHOPS ON- AND OFF-SITE WERE HELD FOR OVER 600 K-12 AND COLLEGE STUDENTS, COVERING HAND PAPERMAKING, PRINT, BOOK, AND PAPER ARTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Donnelly Executive Di | Officer | 40 | $75,712 |
Margaret Denk-Leigh President | OfficerTrustee | 6 | $0 |
Janice Driesbach Secretary | OfficerTrustee | 6 | $0 |
James Gruzosky Treasurer | OfficerTrustee | 6 | $0 |
Franklin Hickman Vice Preside | OfficerTrustee | 6 | $0 |
Jean E Appleby Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,374 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $146,621 |
| All other contributions, gifts, grants, and similar amounts not included above | $108,126 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $259,121 |
| Total Program Service Revenue | $115,595 |
| Investment income | $342,518 |
| 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 | $722,425 |
| 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. | $75,712 |
| Compensation of current officers, directors, key employees. | $15,142 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $213,703 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,596 |
| Payroll taxes | $22,081 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,604 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,171 |
| Advertising and promotion | $4,797 |
| Office expenses | $14,079 |
| Information technology | $3,400 |
| Royalties | $0 |
| Occupancy | $26,285 |
| Travel | $3,097 |
| 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 | $20,406 |
| Insurance | $13,522 |
| All other expenses | $6,270 |
| Total functional expenses | $578,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,102 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $90,588 |
| 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 | $63,750 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $276,405 |
| Investments—publicly traded securities | $2,903,620 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,383,465 |
| Accounts payable and accrued expenses | $13,754 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $13,754 |
| Net assets without donor restrictions | $3,308,253 |
| Net assets with donor restrictions | $61,458 |
| 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 | $3,383,465 |