Open Hearts Art Center
- Assets
- $778.9k
- Revenue
- $878.5k
- Investments
- $0.0
- Employees
- 29
- Location
- Asheville, NC
- Founding
- 06/2004
- Data as of
- 12/2022
- EIN
- 27-0087282
Organization Overview
Open Hearts Art Center is located in Asheville, NC. The organization was established in 2004. 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 12/2022, Open Hearts Art Center employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Hearts Art Center 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, Open Hearts Art Center generated $878.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $850.1k during the year ending 12/2022. While expenses have increased by 4.5% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPEN HEARTS ART CENTER IS SUPPORTIVE STUDIO AND ART GALLERY DEDICATED TO REPRESENTING AND EMPOWERING ADULTS WITH VARIED ABILITIES TO CONNECT TO AND REACH THEIR THROUGH POTENTIAL THROUGH THE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED A HABILITATIVE DAY PROGRAM ENVIRONMENT IN PERSON AND VIA TELEHEALTH FOR APPROXIMATELY 51 INDIVIDUALS LIVING WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES TO WORK ON SET GOALS FOR THE ACCOMPLISHMENT OF INDEPENDENCE. THESE SET GOALS INCLUDED BUT ARE NOT LIMITED TO THEIR SOCIAL, PHYSICAL, AND INTRAPERSONAL WELL BEING. IN THIS ENVIRONMENT, VISUAL, PERFORMANCE, MULTI-DIMENSIONAL, AND LINGUISTICAL ARTS CLASSES ARE HELD 5 DAYS A WEEK, 6 HOURS A DAY, APPROXIMATELY 248 DAYS OF THE YEAR. OPEN HEARTS IS THE ONLY PROGRAM IN THE COMMUNITY THAT PROVIDES COLLEGE LEVEL ARTS CLASSES AT A PACE DESIGNED FOR THIS POPULATION.
PROVIDED THE SUPPLIES, GUIDANCE, AND MARKETING OF ARTS AND HELD LIVE EVENTS AND 12 OPPORTUNITIES THROUGHOUT THE YEAR TO SELL THEIR WORK TO THE PUBLIC. OPEN HEARTS ART CENTER ARTISTS SOLD $20,785 IN ARTWORK.
THE BOUNDLESS ART PROJECT IS AN INITIATIVE PROJECT OF OPEN HEARTS TO INTEGRATE OUR CLIENTS DEEPER WITH ITS LOCAL ARTS COMMUNITY. THIS PROJECT MADE IT POSSIBLE FOR CLIENT ARTISTS TO TAKE ART RELATED, EDUCATIONAL, AND LOCAL TRIPS . THIS IS ALSO THE TIME WHERE CLIENT ARTISTS HELPED TO MAINTAIN THEIR BOOTHS AT VARIOUS VENDING LOCATIONS, MAKE CONTACTS IN THEIR ART COMMUNITIES AND PRACTICE THE NECESSARY SOCIAL AND BUSINESS SKILLS NEEDED TO TURN THEIR ART INTO A MEANINGFUL LIVING. THIS WAS PUT ON HOLD FOR MOST OF 2022 DUE TO SOCIAL DISTANCING REQUIREMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sonia Pitts Co-Director | OfficerTrustee | 40 | $80,305 |
Jessie Francis Co-Director - Treasurer | Officer | 40 | $80,047 |
Debbie Harris Co-Director - Secretary | Officer | 32 | $48,781 |
Cindy Wolff Board Member | Trustee | 1 | $0 |
Connie Falcone Board Member | Trustee | 5 | $0 |
Suzanne Hosch Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $166,981 |
| All other contributions, gifts, grants, and similar amounts not included above | $77,815 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $244,796 |
| Total Program Service Revenue | $626,388 |
| Investment income | $4,695 |
| 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 | $2,638 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $878,517 |
| 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. | $264,855 |
| Compensation of current officers, directors, key employees. | $39,728 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $357,250 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,143 |
| Payroll taxes | $44,340 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,770 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $15,292 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,555 |
| Advertising and promotion | $0 |
| Office expenses | $27,353 |
| Information technology | $9,227 |
| Royalties | $0 |
| Occupancy | $68,173 |
| Travel | $293 |
| 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 | $14,866 |
| Insurance | $20,058 |
| All other expenses | $6,399 |
| Total functional expenses | $850,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,314 |
| Savings and temporary cash investments | $652,323 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $71,490 |
| 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 | $39,814 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,000 |
| Total assets | $778,941 |
| Accounts payable and accrued expenses | $20,094 |
| 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 | $20,094 |
| Net assets without donor restrictions | $758,847 |
| 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 | $778,941 |