South Shore Arts Inc
- Assets
- $2.4m
- Revenue
- $1.3m
- Investments
- $1.5m
- Employees
- 14
- Location
- Munster, IN
- Founding
- 10/1970
- Data as of
- 06/2022
- EIN
- 23-7049722
Organization Overview
South Shore Arts Inc is located in Munster, IN. The organization was established in 1970. 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 06/2022, South Shore Arts Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Shore 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 06/2022, South Shore Arts Inc generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $726.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, South Shore Arts Inc has awarded 80 individual grants totaling $962,966. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF THE ARTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES OVER 20 EXHIBITIONS OF LOCAL, REGIONAL, NATIONAL, AND INTERNATIONAL ARTISTS AND CULTURES IN FOUR GALLERIES.
THE ORGANIZATION PROVIDES OTHER ART-RELATED ACTIVITES.
THE ORGANIZATION PROVIDES THE "EVERYKID" EDUCATION PROGRAM, SERVING 30,000 STUDENTS WITH FREE INSTRUCTION IN VISUAL ART, MUSIC, DRAMA, AND DANCE.
SINCE 1997, THE ORGANIZATION HAS SERVED AS A REGIONAL ARTS PARTNER OF THE INDIANA ARTS COMMISSION, PROVIDING TECHNICAL ASSISTANCE, INFORMATION, AND REFERRAL SERVICES AND GRANT-MAKING IN LAKE, PORTER, AND LAPORTE COUNTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carly Brandenburg President | OfficerTrustee | 1 | $0 |
Leane Cerven President El | OfficerTrustee | 1 | $0 |
Danette Garza VP Administr | OfficerTrustee | 1 | $0 |
Amy Koufos VP Developme | OfficerTrustee | 1 | $0 |
Denise Dillard VP Education | OfficerTrustee | 1 | $0 |
Jenny Yalowitz VP Exhibits | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,445 |
| Fundraising events | $138,507 |
| Related organizations | $0 |
| Government grants | $232,915 |
| All other contributions, gifts, grants, and similar amounts not included above | $119,283 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $492,150 |
| Total Program Service Revenue | $116,705 |
| Investment income | $60,583 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $442,751 |
| Net Income from Fundraising Events | $132,980 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $31,527 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,276,696 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $22,718 |
| Grants and other assistance to domestic individuals. | $21,461 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $97,502 |
| Compensation of current officers, directors, key employees. | $9,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $266,283 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,528 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,544 |
| Fees for services: Other | $2,395 |
| Advertising and promotion | $23,954 |
| Office expenses | $12,753 |
| Information technology | $24,307 |
| Royalties | $0 |
| Occupancy | $30,556 |
| Travel | $2,418 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $462 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,021 |
| Insurance | $13,859 |
| All other expenses | -$7,223 |
| Total functional expenses | $726,484 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $400 |
| Savings and temporary cash investments | $147,158 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34,609 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $26,207 |
| Prepaid expenses and deferred charges | $3,102 |
| Net Land, buildings, and equipment | $7,526 |
| Investments—publicly traded securities | $615,270 |
| Investments—other securities | $1,455,576 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $66,258 |
| Total assets | $2,356,106 |
| Accounts payable and accrued expenses | $38,194 |
| Grants payable | $0 |
| Deferred revenue | $36,568 |
| 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 | $7,537 |
| Total liabilities | $82,299 |
| Net assets without donor restrictions | $653,473 |
| Net assets with donor restrictions | $1,620,334 |
| 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 | $2,356,106 |
Grants Awarded
Over the last fiscal year, South Shore Arts Inc has awarded $158,075 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ART BARN SCHOOL OF ART INC PURPOSE: GENERAL SUPPORT | $6,807 |
ASSOCIATION OF ARTISTS & CRAFTSMEN PURPOSE: GENERAL SUPPORT | $6,807 |
BEACH FRONT DANCE STUDIO PURPOSE: GENERAL SUPPORT | $5,834 |
BOOKS BRUSHES & BANDS PURPOSE: GENERAL SUPPORT | $5,834 |
COMMUNITY THEATRE GUILD PURPOSE: GENERAL SUPPORT | $9,724 |
DUNES ART FOUNDATION PURPOSE: GENERAL SUPPORT | $5,834 |