Arts Center Foundation Inc

Organization Overview

Arts Center Foundation Inc is located in Dayton, OH. The organization was established in 1988. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts Center Foundation 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 06/2022, Arts Center Foundation Inc generated $70.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.5%) each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO OPERATE A PERFORMING ARTS COMPLEX AND TO RAISE FUNDS TO BENEFIT THE PERFORMING ARTS IN DAYTON, OHIO.

Describe the Organization's Program Activity:

THE FOUNDATION'S PRINCIPAL ACTIVITY HAS BEEN THE RESTORATION OF THE VICTORIA THEATRE AND THE METROPOLITAN BUILDING FOR COMMUNITY ARTS PERFORMANCES, AND THE OPERATION OF THE PERFORMING ARTS CENTER.


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Board, Officers & Key Employees

Name (title)Compensation
Dave S Dickerson
Vice-Chair
$0
Chris Wyse
Chair
$0
David Mcgillivary
Treasurer
$0
Wendolyn W Lewis
Secretary
$0
Mark Keeton
Board Of Directors
$0
Martha Shaker
Past Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $66,000
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$66,000
Total Program Service Revenue$0
Investment income $0
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 $0
Miscellaneous Revenue$0
Total Revenue $70,320

Endowment Analysis

Beg. Balance$8,631,308
Earnings-$1,217,331
Admin Expense$59,228
Ending Balance$7,354,749

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