Collingswood Foundation For The Arts Inc is located in Collingswood, NJ. The organization was established in 2004. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2020, Collingswood Foundation For The Arts Inc employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Collingswood Foundation For The Arts 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 12/2020, Collingswood Foundation For The Arts Inc generated $303.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $380.4k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE PROMOTION OF COMMUNITY ACTIVITIES RELATED TO FINE ARTS FOR COLLINGSWOOD AND NEARBY TOWN RESIDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTENANCE AND USE OF ARTS CENTER. PROVIDE A FORUM TO PERFORM IN MUSICALS, PLAYS AND OTHER ART RELATED ACTIVITIES. HOST ENTERTAINERS AT THE ARTS CENTER TO PERFORM FOR THE RESIDENTS OF COLLINGSWOOD AND OTHER MUNICIPALITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary Baldwin Director (current) | Trustee | 40 | $56,654 |
M James Maley President | Officer | 1 | $0 |
Louis Cappelli Vice President | Officer | 1 | $0 |
Joan Leonard Secretary/commissioner | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $11,215 |
Related organizations | $0 |
Government grants | $186,150 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $197,365 |
Total Program Service Revenue | $105,881 |
Investment income | $39 |
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 | $303,285 |
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. | $56,654 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $65,971 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $18,230 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,020 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $10,167 |
Office expenses | $1,953 |
Information technology | $0 |
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 | $156,950 |
Insurance | $3,355 |
All other expenses | $0 |
Total functional expenses | $380,407 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $68,456 |
Savings and temporary cash investments | $1,902 |
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 | $2,334,785 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,405,143 |
Accounts payable and accrued expenses | $52,129 |
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 | $5,307,768 |
Total liabilities | $5,359,897 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | -$2,954,754 |
Total liabilities and net assets/fund balances | $2,405,143 |
Over the last fiscal year, we have identified 1 grants that Collingswood Foundation For The Arts Inc has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Excelsior Scottish Rite Bodies Cha Rity Fund Inc West Collingswoood, NJ PURPOSE: 501 (C) (3)- UNRESTRICTED | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Kimmel Center Inc Philadelphia, PA | $245,953,445 | $41,081,924 |
Brooklyn Academy Of Music Inc Brooklyn, NY | $168,013,887 | $29,572,079 |
South Street Theater Co Inc Morristown, NJ | $25,009,095 | $16,372,684 |
Bric Arts Media Bklyn Inc Brooklyn, NY | $22,086,824 | $12,315,164 |
The Apollo Theater Foundation Inc New York, NY | $69,978,827 | $33,324,849 |
Joshua M Freeman Foundation Selbyville, DE | $7,026,329 | $10,885,831 |
Performing Arts Consultants Inc Brick, NJ | $2,328,922 | $7,486,685 |
Shen Yun Performing Arts Inc Cuddebackville, NY | $196,627,077 | $30,836,971 |
Foundation For Contemporary Arts Inc New York, NY | $44,020,214 | $7,582,108 |
Delaware College Of Art And Design Wilmington, DE | $12,063,919 | $5,103,900 |
National Comedy Center Operator Inc Jamestown, NY | $24,581,570 | $2,926,105 |
World Trade Center Performing Arts Center Inc New York, NY | $505,865,812 | $148,493,145 |