Abington Art Center Inc
- Assets
- $1.5m
- Revenue
- $563.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Jenkintown, PA
- Founding
- 07/1967
- Data as of
- 05/2023
- EIN
- 23-1633530
Organization Overview
Abington Art Center Inc is located in Jenkintown, PA. The organization was established in 1967. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Abington Art Center 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 05/2023, Abington Art Center Inc generated $563.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $708.5k during the year ending 05/2023. 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
THE ABINGTON ART CENTER IS A NON-PROFIT ORGANIZATION WHOSE PURPOSE IS TO PROVIDE AND ENCOURAGE PROGRAMS AND ACTIVITIES FURTHERING ART APPRECIATION INCLUDING EXHIBITIONS, ARTS AND
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLASSES AND SPECIAL PROGRAMS: OVER 300 CLASSES AND WORKSHOPS ARE OFFERED THROUGHOUT THE YEAR FOR AGES 5 TO 95+ IN PAINTING, DRAWING, PRINTMAKING, CERAMICS, JEWELRY, AND OTHER SPECIAL TOPICS. THIS FISCAL YEAR WE MADE MODIFICATIONS TO THESE PROGRAMS TO HELP STOP THE SPREAD OF COVID19, WHILE ALLOWING THE CLASSES TO TAKE PLACE IN PERSON. CAMP WAS HELD OUTSIDE WITH MASKS REQUIRED, AND MASKS AND COVID VACCINATIONS WERE REQUIRED FOR ALL CLASSES.
SCULPTURE PARK AND GALLERY EXHIBITIONS: THE CENTER OFFERED REGIONAL ARTISTS DEVELOPMENT OPPORTUNITIES WHILE ENGAGING THE PUBLIC IN THE UNDERSTANDING AND APPRECIATION OF CONTEMPORARY ART. THE SCULPTURE PARK INCLUDES 27 ACRES AND FEATURES ENVIRONMENTAL BASED WORK; THE FOUR GALLERIES INCLUDE SOLO AND GROUP SHOWS WITH RELATED FAMILY PROGRAMS, ARTIST TALKS, AND TOURS.
RENTALS: THE ABINGTON ART CENTER(AAC) RENTS ITS FACILITIES TO MEMBERS FOR HOSTING WEDDINGS, MITZVAHS, CORPORATE RETREATS, FUNDRAISERS, FAMILY REUNIONS, BIRTHDAY PARTIES, AND CHILDRENS' ART PARTIES. AAC ALSO RENTS OUR OUTSIDE PAVILION AND STAGE FOR THEATER AND BAND REHEARSALS AS WELL AS DANCE RECITALS AND PROMS FOR LOCAL SCHOOLS.
COMMUNITY PROGRAMS: THE ABINGTON ART CENTER HOSTS SEVERAL COMMUNITY PROGRAMS, INCLUDING THE ANNUAL SUMMER CONCERT SERIES, WHICH ARE FREE, WEEKLY EVENING CONCERTS DURING JULY. AAC HOSTS CRAFT FAIRS IN SPRING AND WINTER FOR LOCAL ARTISTS TO SHOWCASE AND SELL THEIR ART TO THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul E Morse Jr President 9/2018-12/2022 | OfficerTrustee | 5 | $0 |
Paul E Morse Jr Board Member 12/2022-3/2/2023 | Trustee | 2 | $0 |
Lenore Davies Board Secretary 2021-12/2022 | OfficerTrustee | 5 | $0 |
Lenore Davies President 12/2022-6/2023 | OfficerTrustee | 5 | $0 |
Lenore Davies Vice President 6/2023-Present | OfficerTrustee | 5 | $0 |
Jocelyn Russell Wallace Board Member 5/2022-12/2022 | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,720 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $34,052 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,045 |
| Noncash contributions included in lines 1a–1f | $3,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,817 |
| Total Program Service Revenue | $483,298 |
| Investment income | $1,096 |
| 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 | $563,211 |
| 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 | $296,779 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,699 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $152,744 |
| Advertising and promotion | $19,965 |
| Office expenses | $62,034 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $840 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,654 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $77,760 |
| Insurance | $15,744 |
| All other expenses | $0 |
| Total functional expenses | $708,459 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $322,605 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $680 |
| 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 | $534 |
| Net Land, buildings, and equipment | $1,086,634 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $133,242 |
| Total assets | $1,543,695 |
| Accounts payable and accrued expenses | $25,669 |
| Grants payable | $0 |
| Deferred revenue | $155,386 |
| 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 | $350,000 |
| Other liabilities | $133,242 |
| Total liabilities | $664,297 |
| Net assets without donor restrictions | $879,398 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,543,695 |