French Art Colony is located in Gallipolis, OH. The organization was established in 1971. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, French Art Colony employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. French Art Colony 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, French Art Colony generated $130.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $137.5k during the year ending 12/2023. While expenses have increased by 7.6% per year over the past 5 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
TO ENHANCE THE QUALITY OF LIFE THROUGH THE ARTS. ADVOCATING FOR & SUPPORTING EDUCATION AND ECONOMIC DEVELOPMENT THROUGHOUT THE TRI-STATE AREA. PROVIDING A WELCOME HOME WHERE THE ARTS MAY FLOURISH
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTIVITY CLASSES FOR CHILDREN INCLUDING BALLET ART & MUSIC
PERFORMANCES BY LOCAL MUSICIANS FOR PUBLIC ENJOYMENT
DISPLAYING WORKS OF LOCAL ARTISTS AND ART CLASSES FOR THE PUBLIC
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cynthia Sexton Executive Director | Officer | 35 | $6,120 |
Joanna Crooks Former Director | 0 | $10,417 | |
Thomas Moulton Chairman | OfficerTrustee | 2 | $0 |
David Tope Treasurer | OfficerTrustee | 4 | $0 |
Bob Hood Secretary | OfficerTrustee | 2 | $0 |
Tommie Vaughn Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $12,770 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $7,154 |
All other contributions, gifts, grants, and similar amounts not included above | $12,038 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $31,962 |
Total Program Service Revenue | $73,405 |
Investment income | $949 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $16,884 |
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 | $130,150 |
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. | $6,120 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $28,449 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,785 |
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 | $0 |
Advertising and promotion | $1,187 |
Office expenses | $11,862 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $8,925 |
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 | $0 |
Insurance | $9,544 |
All other expenses | $14,754 |
Total functional expenses | $137,527 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $43,400 |
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 | $467,591 |
Investments—publicly traded securities | $93,811 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $604,802 |
Accounts payable and accrued expenses | $1,651 |
Grants payable | $0 |
Deferred revenue | $23,239 |
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 | $24,890 |
Net assets without donor restrictions | $544,167 |
Net assets with donor restrictions | $35,745 |
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 | $604,802 |