Decorative Arts Trust is located in Media, PA. The organization was established in 1978. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Decorative Arts Trust employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Decorative Arts Trust 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, Decorative Arts Trust generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.4% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 23.6% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE DECORATIVE ARTS TRUST, A NON-PROFIT ORGANIZATION, IS TO PROMOTE AND FOSTER THE APPRECIATION AND STUDY OF THE DECORATIVE ARTS. WE ACHIEVE OUR MISSION THROUGH: THE EXCHANGE OF INFORMATION THROUGH DOMESTIC AND INTERNATIONAL PROGRAMMING; COLLABORATIONS AND PARTNERSHIPS WITH MUSEUMS AND PRESERVATION ORGANIZATIONS; AND UNDERWRITING INTERNSHIPS, RESEARCH GRANTS, AND SCHOLARSHIPS FOR GRADUATE STUDENTS AND YOUNG PROFESSIONALS. TO SUPPORT OUR MISSION, THE TRUST OFFERS: SYMPOSIA, STUDY TRIPS ABROAD, AND OTHER EDUCATIONAL PROGRAMS; THE MAGAZINE OF THE DECORATIVE ARTS TRUST WITH ARTICLES ABOUT CURRENT EVENTS, EXHIBITIONS, BOOKS, AND NEW RESEARCH; GRANTS, SCHOLARSHIPS, LECTURES, AND INTERNSHIPS FOR GRADUATE STUDENTS AND YOUNG PROFESSIONALS THROUGH THE EMERGING SCHOLARS PROGRAM; FINANCIAL ASSISTANCE FOR RESEARCH, EXHIBITIONS, AND PUBLICATIONS THROUGH THE DEAN FAILEY FUND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESENTATION OF EDUCATIONAL PROGRAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carol B Cadou Member | Officer | 1 | $0 |
Charles T Akre Member | Officer | 1 | $0 |
Brock W Jobe President | Officer | 1 | $0 |
Melanie F Christian Treasurer | Officer | 1 | $0 |
Christine Mumm Secretary | Trustee | 0 | $0 |
Matthew Thurlow Executive Dir. | Trustee | 40 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $160,376 |
All other contributions, gifts, grants, and similar amounts not included above | $625,892 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $786,268 |
Total Program Service Revenue | $968,497 |
Investment income | $1,083,729 |
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 | $2,838,494 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $155,172 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $20,982 |
Compensation of current officers, directors, key employees. | $137,500 |
Compensation of current officers, directors, key employees. | $34,375 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $173,694 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $31,220 |
Payroll taxes | $23,215 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $25,702 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $8,867 |
Office expenses | $8,498 |
Information technology | $4,204 |
Royalties | $0 |
Occupancy | $12,174 |
Travel | $9,088 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $458,189 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,975 |
All other expenses | $8,855 |
Total functional expenses | $1,167,931 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $306,919 |
Savings and temporary cash investments | $0 |
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 | $0 |
Investments—publicly traded securities | $7,691,660 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,300 |
Total assets | $7,999,879 |
Accounts payable and accrued expenses | $78,116 |
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 | $78,116 |
Net assets without donor restrictions | $1,643,409 |
Net assets with donor restrictions | $6,278,354 |
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 | $7,999,879 |
Over the last fiscal year, we have identified 1 grants that Decorative Arts Trust has recieved totaling $300.
Awarding Organization | Amount |
---|---|
Hohmann Foundation New York, NY PURPOSE: UNRESTRICTED SUPPORT OF THE ORGANZIATION'S EXEMPT PURPOSE | $300 |
Beg. Balance | $72,952 |
Earnings | $21,812 |
Grants | $3,000 |
Ending Balance | $91,764 |
Organization Name | Assets | Revenue |
---|---|---|
Advertising Research Foundation Inc New York, NY | $7,084,927 | $8,623,968 |
The International Coalition Of Historic Ite Museums Of Conscience New York, NY | $2,572,354 | $8,768,933 |
Theatre Communications Group Inc New York, NY | $7,458,021 | $6,461,267 |
The Broadway League Inc New York, NY | $17,394,373 | $2,874,492 |
American Symphony Orchestra League New York, NY | $11,789,942 | $6,931,089 |
Video Advertising Bureau Inc New York, NY | $5,863,677 | $6,614,761 |
Opera America Inc New York, NY | $21,495,082 | $5,690,929 |
American Institute Of Graphic Arts New York, NY | $6,026,446 | $3,684,558 |
Educational Theatre Association Cincinnati, OH | $4,547,140 | $4,060,084 |
American Numismatic Society New York, NY | $59,393,840 | $7,804,427 |
College Art Association Of America Inc New York, NY | $11,184,804 | $5,238,547 |
Authors Guild Inc New York, NY | $3,070,324 | $4,065,324 |