Springfield Arts Council Inc
- Assets
- $1.2m
- Revenue
- $813.8k
- Investments
- $831.3k
- Employees
- 23
- Location
- Springfield, OH
- Founding
- 08/1967
- Data as of
- 08/2021
- EIN
- 31-6077714
Organization Overview
Springfield Arts Council Inc is located in Springfield, OH. The organization was established in 1967. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2021, Springfield Arts Council Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springfield Arts Council 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 08/2021, Springfield Arts Council Inc generated $813.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $674.3k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 6 years. 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 BUILD A BETTER COMMUNITY BY SHARING THE PERFORMING ARTS WITH ALL CITIZENS OF SPRINGFIELD, CLARK COUNTY AND SURROUNDING REGION. THE SPRINGFIELD ARTS COUNCIL, INC. IS RECOGNIZED FOR LEADING THE CITIZENS OF SPRINGFIELD, CLARK COUNTY AND THE REGION TO AN ENHANCED APPRECIATION OF THE PERFORMING ARTS. THE YOUTH, YOUNG ADULTS, DIVERSE, AND UNDERSERVED POPULATIONS OF THE COMMUNITY ARE ALSO ACTIVE PARTICIPANTS AND SUPPORTERS OF THE PERFORMING ARTS AND REGULARLY ATTEND EVENTS. THE SPRINGFIELD ARTS COUNCIL IS THE INITIATOR OF COOPERATIVE VENTURES WITH MANY ORGANIZATIONS WITHIN THE COMMUNITY AND THE REGION, RESULTING IN A BROAD AND STIMULATING ARRAY OF ARTS OFFERINGS SUPPORTED BY SUBSTANTIAL FINANCIAL AND HUMAN RESOURCES. THIS IS A STATEMENT OF THE VISION THE SPRINGFIELD ARTS COUNCIL SEEKS TO FULFILL.
Describe the Organization's Program Activity:
ARTS IN CLASSROOM-SERIES OF LIVE IN-SCHOOL PERFORMANCES AND RESIDENCIES AVAILABLE TO THE PUBLIC, PRIVATE AND PAROCHIAL SCHOOLS THROUGHOUT CLARK COUNTY.
ARTIST SERIES-TOP-NAME ENTERTAINMENT BROUGHT TO SPRINGFIELD AREA DURING WINTER MONTHS.
ARTS FESTIVAL-FOUR WEEK PRESENTATION OF LOCAL AND NATIONAL TALENT PROVIDED FREE TO COMMUNITY IN CITY PARK.
PROMOTE THE ARTS IN THE COMMUNITY THROUGH VARIOUS ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Rowe Executive Di | OfficerTrustee | 40 | $90,492 |
Lori Fulk Past - Presi | OfficerTrustee | 1 | $0 |
Greg Rogers President | OfficerTrustee | 1 | $0 |
Bridget Houston Secretary | OfficerTrustee | 1 | $0 |
Theresa Hartley Past Preside | OfficerTrustee | 1 | $0 |
Sharon Flatt Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $57,350 |
| All other contributions, gifts, grants, and similar amounts not included above | $461,282 |
| Noncash contributions included in lines 1a–1f | $36,695 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $518,632 |
| Total Program Service Revenue | $143,788 |
| Investment income | $63,638 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $40,546 |
| Net Income from Gaming Activities | $10,760 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $813,812 |
| 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. | $101,408 |
| Compensation of current officers, directors, key employees. | $45,246 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $164,320 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,507 |
| Payroll taxes | $24,955 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,074 |
| Fees for services: Other | $2,964 |
| Advertising and promotion | $6,311 |
| Office expenses | $27,488 |
| Information technology | $9,616 |
| Royalties | $0 |
| Occupancy | $27,200 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $227 |
| Interest | $212 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,440 |
| Insurance | $10,715 |
| All other expenses | $93,583 |
| Total functional expenses | $674,319 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,375 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,708 |
| 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 | $5,646 |
| Net Land, buildings, and equipment | $72,735 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $831,309 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $110 |
| Total assets | $1,162,883 |
| Accounts payable and accrued expenses | $16,858 |
| Grants payable | $0 |
| Deferred revenue | $8,466 |
| 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 | $25,324 |
| Net assets without donor restrictions | $1,137,559 |
| 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 | $1,162,883 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Springfield Arts Council Inc has recieved totaling $62,817.
| Awarding Organization | Amount |
|---|---|
Springfield Foundation Springfield, OH PURPOSE: GENERAL SUPPORT | $46,016 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $5,625 |
Park National Bank Foundation Park National Bank Newark, OH PURPOSE: SUPPORT | $4,463 |
Harry M And Violet Turner Charitable Trust Springfield, OH PURPOSE: CHARITABLE CONTRIBUTION | $3,500 |
Walter S Quinlan Foundation Warner, NH PURPOSE: GEN'L SUPPORT | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $213 |
Endowment Analysis
| Beg. Balance | $689,416 |
| Earnings | $173,423 |
| Admin Expense | $5,128 |
| Net Contributions | $5,000 |
| Other Expense | $31,402 |
| Ending Balance | $831,309 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Columbus Arts Council Inc Columbus, OH | $9,747,669 | $12,867,365 |
Arts Council Of Indianapolis Inc Indianapolis, IN | $8,597,633 | $5,263,250 |
Arts United Of Greater Fort Wayne Fort Wayne, IN | $21,534,301 | $3,773,379 |
Indiana Humanities Council Inc Indianapolis, IN | $8,992,568 | $3,654,687 |
Arts Commission Of Greater Toledo Inc Toledo, OH | $2,952,895 | $2,261,161 |
Greater Philadelphia Cultural Alliance Philadelphia, PA | $2,137,622 | $2,196,078 |
West Virginia Humanities Council Inc Charleston, WV | $2,418,938 | $2,018,202 |
Crooked Tree Arts Council Inc Petoskey, MI | $8,078,138 | $2,057,244 |
Berks Arts Council Reading, PA | $1,426,252 | $1,932,092 |
Lexarts Inc Lexington, KY | $1,309,442 | $1,460,251 |
Kentucky Humanities Council Inc University Of Kentucky Lexington, KY | $5,126,960 | $1,642,415 |
Fitton Center For Creative Arts Hamilton, OH | $3,761,863 | $1,165,513 |