Florida Craftart
- Assets
- $1.8m
- Revenue
- $346.6k
- Investments
- $0.0
- Employees
- 7
- Location
- St Petersburg, FL
- Founding
- 05/1974
- Data as of
- 12/2021
- EIN
- 23-7375994
Organization Overview
Florida Craftart is located in St Petersburg, FL. The organization was established in 1974. 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 12/2021, Florida Craftart employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Craftart 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, Florida Craftart generated $346.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $186.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BROADEN THE PUBLIC'S UNDERSTANDING AND APPRECIATION OF FINE CRAFT ART AND TO ENCOURAGE PROFESSIONALISM AND HIGH AESTHETIC STANDARDS AMONG FLORIDA ARTISTS.
Describe the Organization's Program Activity:
COSTS INCURRED TO BROADEN THE PUBLIC'S UNDERSTANDING AND APPRECIATION OF FINE ART CRAFT AND TO ENCOURAGE PROFESSIONALISM & HIGH AESTHETIC STANDARDS AMONG FLORIDA ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathryn L Deits CEO | Officer | 47 | $24,006 |
Kathryn Howd Past Preside | OfficerTrustee | 10 | $0 |
Tyler Jones President | OfficerTrustee | 10 | $0 |
Mark Anderson Vice Preside | OfficerTrustee | 5 | $0 |
Helen Igar Treasurer | OfficerTrustee | 10 | $0 |
Lara Shelton Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,505 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $93,420 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,925 |
| Total Program Service Revenue | $110,114 |
| Investment income | $36 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$2,729 |
| 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 | $76,624 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $346,625 |
| 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 | $64,381 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,274 |
| Payroll taxes | $7,525 |
| 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 | $11,012 |
| Office expenses | $4,767 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,206 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,316 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,591 |
| Insurance | $1,792 |
| All other expenses | $8,195 |
| Total functional expenses | $186,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,714 |
| Savings and temporary cash investments | $389,778 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,918 |
| 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 | $15,273 |
| Net Land, buildings, and equipment | $1,124,046 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $182,837 |
| Total assets | $1,843,566 |
| Accounts payable and accrued expenses | $69,324 |
| Grants payable | $0 |
| Deferred revenue | $5,500 |
| 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 | $249,911 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,885 |
| Total liabilities | $345,620 |
| Net assets without donor restrictions | $1,497,946 |
| 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 | $1,843,566 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Florida Craftart has recieved totaling $11,066.
| Awarding Organization | Amount |
|---|---|
Boeckman Family Foundation Dallas, TX PURPOSE: FOR EXHIBITION | $5,000 |
Boeckman Family Foundation Dallas, TX PURPOSE: FOR ANNUAL FUND | $5,000 |
J Crayton Pruitt Foundation Inc St Petersburg, FL PURPOSE: GENERAL | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $66 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Professional Photographers Of America Inc Atlanta, GA | $48,960,545 | $12,325,076 |
Georgia Association Of Manufacturers Inc Atlanta, GA | $2,700,140 | $2,292,406 |
Two Red Roses Foundation Inc St Petersburg, FL | $81,826,203 | $5,214,247 |
The Armory Art Center Inc West Palm Beach, FL | $4,340,445 | $2,084,067 |
Forward Arts Foundation Inc Atlanta, GA | $5,240,641 | $1,648,904 |
Lighthouse Artcenter Inc Tequesta, FL | $3,825,019 | $2,482,262 |
Robert Craft Igor Stravinsky Foundation boca raton, FL | $11,119,320 | $752,022 |
The Studios Of Key West Inc Key West, FL | $13,984,404 | $3,906,460 |
Palm Beach Photographic Centre Inc West Palm Beach, FL | $1,110,051 | $866,676 |
Bakehouse Art Complex Inc Miami, FL | $1,346,627 | $1,198,887 |
Ann Norton Sculpture Gardens Inc West Palm Beach, FL | $4,892,273 | $1,857,308 |
National Press Photographers Association Inc Athens, GA | $607,292 | $735,008 |