Durango Arts Center Inc
- Assets
- $794.6k
- Revenue
- $661.7k
- Investments
- $0.0
- Employees
- 24
- Location
- Durango, CO
- Founding
- 05/1973
- Data as of
- 12/2022
- EIN
- 23-7191511
Organization Overview
Durango Arts Center Inc is located in Durango, CO. The organization was established in 1973. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Durango Arts Center Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Durango Arts 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 12/2022, Durango Arts Center Inc generated $661.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $782.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE DURANGO ARTS CENTER ("DAC") ENRICHES THE COMMUNITY THROUGH INNOVATIVE VISUAL AND PERFORMING ART, AND ARTS EDUCATION. DAC ADVANCES APPRECIATION AND PARTICIPATION IN TH EARTS AS A CULTURAL LEADER IN THE REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAC'S COMMUNITY THEATER SOLD 5,808 TICKETS TO 28 THEATER SHOWS IN 2022 WHICH INCLUDED 6 YOUTH CAST SHOWS. IN 2022, WE ADDED AN ADULT REPERTORY THEATRE TO WELCOME MORE ADULTS FROM THE COMMUNITY TO EXPLORE THE THEATRE ARTS. THE THEATER ALSO SERVED AS A VENUE FOR 12 ORGANIZATIONS, BUSINESSES AND COMMUNITY MEMBERS THROUGH RENTAL EVENTS.
ARTS EDUCATION - THE ORGANIZATION PROVIDES VISUAL ARTS CLASSES, LEADERSHIP AND CREATIVITY PROGRAMS FOR MIDDLE AND HIGH SCHOOL STUDENTS (NAMED GOAL AND BART, RESPECTIVELY). APPROXIMATELY 735 INDIVIDUALS ATTENDED 167 VISUAL AND PERFORMING ARTS CLASSES FOR CHILDREN AND ADULTS. DURING 2022, OVER 2,510 PEOPLE REGISTERED AND/OR PURCHASED TICKETS TO DAC CLASSES AND PERFORMANCES.
DAC COORDINATES ONGOING EXHIBITS IN THREE ONSITE GALLERY SPACES. TO ENHANCE THE VISUAL ARTS EXPERIENCE, DAC COORDINATES EDUCATIONAL OPPORTUNITIES TO COINCIDE WITH EXHIBITS, SUCH AS LECTURES/PANEL DISCUSSIONS, ARTIST DEMONSTRATIONS, WORKSHOPS AND FILM SCREENINGS. THE GALLERY HELD SEVEN EXHIBITS SHOWCASING THE CREATIVE TALENTS OF MORE THAN 76 ARTISTS FROM THE FOUR CORNERS REGION. THE 29TH ANNUAL DURANGO AUTUMN ARTS FESTIVAL BROUGHT OVER 6,000 SHOPPERS TO DOWNTOWN DURING THIS TWO DAY STREET FAIR, AND OVER 90 ARTISTS FROM ACROSS THE COUNTRY PARTICIPATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Macon Executive Dir. | Officer | 40 | $72,576 |
Mike Scieszka President | OfficerTrustee | 2 | $0 |
Cornelius Hurley Vice President | OfficerTrustee | 1 | $0 |
John Lopez Treasurer | OfficerTrustee | 1 | $0 |
Susan Hupp Secretary | OfficerTrustee | 2 | $0 |
Lesley Gannon-Meiering Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $53,134 |
| All other contributions, gifts, grants, and similar amounts not included above | $172,594 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $225,728 |
| Total Program Service Revenue | $397,614 |
| Investment income | $2,758 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $35,459 |
| 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 | $661,696 |
| 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. | $72,576 |
| Compensation of current officers, directors, key employees. | $39,917 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $372,013 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $35,834 |
| 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 | $28,377 |
| Office expenses | $0 |
| Information technology | $12,728 |
| Royalties | $0 |
| Occupancy | $20,354 |
| Travel | $3,813 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,211 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,741 |
| Insurance | $10,277 |
| All other expenses | $92,445 |
| Total functional expenses | $782,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,107 |
| Savings and temporary cash investments | $129,119 |
| Pledges and grants receivable | $1,252 |
| 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 | $473,993 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $83,171 |
| Total assets | $794,642 |
| Accounts payable and accrued expenses | $13,867 |
| Grants payable | $0 |
| Deferred revenue | $1,750 |
| 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 | $150,314 |
| Unsecured mortgages and notes payable | $150,000 |
| Other liabilities | $70,125 |
| Total liabilities | $386,056 |
| Net assets without donor restrictions | $408,586 |
| 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 | $794,642 |