Artstart Inc
- Assets
- $488.1k
- Revenue
- $298.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Rhinelander, WI
- Founding
- 07/2011
- Data as of
- 12/2021
- EIN
- 27-4491029
Organization Overview
Artstart Inc is located in Rhinelander, WI. The organization was established in 2011. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Artstart Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Artstart 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 12/2021, Artstart Inc generated $298.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $192.8k during the year ending 12/2021. While expenses have increased by 8.7% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE, CHALLENGE AND EDUCATE THROUGH CULTURAL EVENTS & HIGHLY DISTINCTIVE, CURATED VISUAL ART EXHIBITIONS WITH THE PURPOSE OF STRENGTHENING & SUSTAINING THE COMMUNITY.
Describe the Organization's Program Activity:
TO PROMOTE THE ARTS IN NORTHERN WISCONSIN BY HOLDING ART EXHIBITS. PROMOTING ARTS IN GENERAL AND PROVIDING A BUILDING AS AN ARTS CENTER IN SUCH A MANNER THAT ART EXHIBITS ARE FREE TO THE PUBLIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Koch Secretary | Officer | 1 | $0 |
Tara Vandenberg Vice President | Officer | 4 | $0 |
Sue Bessert President | Officer | 4 | $0 |
Colleen Finn Director | Officer | 4 | $0 |
Ken Juon Treasurer | Officer | 10 | $0 |
Julie Berndt Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,347 |
| All other contributions, gifts, grants, and similar amounts not included above | $264,689 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $292,036 |
| Total Program Service Revenue | $0 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,700 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,268 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $298,013 |
| 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. | $102,015 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $2,633 |
| Other employee benefits | $0 |
| Payroll taxes | $7,804 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,895 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,568 |
| Advertising and promotion | $5,169 |
| Office expenses | $13,537 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,520 |
| Travel | $1,309 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $51 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,401 |
| Insurance | $1,323 |
| All other expenses | $0 |
| Total functional expenses | $192,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,108 |
| Savings and temporary cash investments | $106,450 |
| 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 | $901 |
| Net Land, buildings, and equipment | $144,063 |
| Investments—publicly traded securities | $131,567 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $488,089 |
| Accounts payable and accrued expenses | $4,078 |
| 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 | $1,898 |
| Other liabilities | $0 |
| Total liabilities | $5,976 |
| Net assets without donor restrictions | $384,449 |
| Net assets with donor restrictions | $97,664 |
| 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 | $488,089 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Artstart Inc has recieved totaling $3,040.
| Awarding Organization | Amount |
|---|---|
Green Bay Packers Foundation Green Bay, WI PURPOSE: DOWNTOWN ART PARK | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $40 |
Endowment Analysis
| Beg. Balance | $77,592 |
| Ending Balance | $77,592 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adler Planetarium Chicago, IL | $62,060,707 | $24,242,958 |
Milwaukee Public Museum Inc Milwaukee, WI | $17,354,362 | $14,883,405 |
Historic Arnolds Park Inc Arnolds Park, IA | $45,905,371 | $12,228,274 |
Grand Rapids Public Museum Grand Rapids, MI | $9,797,722 | $8,206,945 |
Kalamazoo Aviation History Museum Portage, MI | $17,581,493 | $5,451,685 |
Museum Of African American History Detroit, MI | $6,150,822 | $7,565,645 |
Margaret Woodbury Strong Museum Charitable Trust Chicago, IL | $73,980,694 | $7,829,381 |
Peoria Riverfront Museum Peoria, IL | $12,190,456 | $4,223,811 |
Dusable Museum Of African American History Inc Chicago, IL | $17,602,670 | $3,496,098 |
Yankee Air Force Incorporated Belleville, MI | $14,568,941 | -$1,519,297 |
The Richard H Driehaus Museum Chicago, IL | $116,468,245 | $74,810,944 |
Genevieve And Donald S Gilmore Foundation Hickory Corners, MI | $0 | $3,411,516 |