Arts Commission Of Greater Toledo Inc
- Assets
- $3.0m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 89
- Location
- Toledo, OH
- Founding
- 10/1982
- Data as of
- 12/2021
- EIN
- 34-1358701
Organization Overview
Arts Commission Of Greater Toledo Inc is located in Toledo, OH. The organization was established in 1982. 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 12/2021, Arts Commission Of Greater Toledo Inc employed 89 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts Commission Of Greater Toledo 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, Arts Commission Of Greater Toledo Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 17.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND PROMOTE ARTS IN THE GREATER TOLEDO COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART IN PUBLIC PLACES - A PROGRAM WHICH SPONSORS CREATION OF A NEW SCULPTURAL AND TWO DIMENSIONAL WORKS FOR PUBLIC DISPLAY, CONSERVES PUBLIC ART, PROVIDES ART INFORMATION AND EDUCATION TO THE COMMUNITY.
VARIOUS PROGRAMS - TO DEVELOP AND PROMOTE ART THROUGH VARIOUS SOCIAL AND EDUCATIONAL ACTIVITIES.
YOUNG ARTISTS AT WORK - AN INSTRUCTIONAL PROGRAM WHICH ENABLES STUDENTS TO PRODUCE WORKS OF ART DURING A SIX WEEK SUMMER SESSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Folk Executive Director | Officer | 40 | $116,678 |
Sarah Skow Past President | OfficerTrustee | 1 | $0 |
Julie Beckert Vice-President | OfficerTrustee | 1 | $0 |
John Eikost President | OfficerTrustee | 1 | $0 |
Maribeth Nitschke Phibbs Secretary | OfficerTrustee | 1 | $0 |
Kristin Kiser Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $20,261 |
| Related organizations | $0 |
| Government grants | $1,158,159 |
| All other contributions, gifts, grants, and similar amounts not included above | $528,868 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,707,288 |
| Total Program Service Revenue | $559,162 |
| Investment income | $209 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$5,498 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,261,161 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $424,500 |
| 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. | $116,678 |
| Compensation of current officers, directors, key employees. | $61,839 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $533,298 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $76,407 |
| Payroll taxes | $53,996 |
| 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 | $11,102 |
| Advertising and promotion | $38,725 |
| Office expenses | $0 |
| Information technology | $20,435 |
| Royalties | $0 |
| Occupancy | $25,000 |
| Travel | $3,437 |
| 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 | $0 |
| Insurance | $10,385 |
| All other expenses | $335,512 |
| Total functional expenses | $2,466,324 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,513,119 |
| Savings and temporary cash investments | $686,845 |
| Pledges and grants receivable | $8,405 |
| Accounts receivable, net | $125,045 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $159,486 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,509 |
| Net Land, buildings, and equipment | $13,250 |
| Investments—publicly traded securities | $98,748 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $341,488 |
| Total assets | $2,952,895 |
| Accounts payable and accrued expenses | $31,310 |
| Grants payable | $0 |
| Deferred revenue | $1,548,513 |
| 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 | $1,579,823 |
| Net assets without donor restrictions | $657,963 |
| Net assets with donor restrictions | $715,109 |
| 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 | $2,952,895 |
Grants Awarded
Over the last fiscal year, Arts Commission Of Greater Toledo Inc has awarded $80,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Toledo, OH PURPOSE: ARTIST RELIEF GRANT | $10,000 |
THE COLLINGWOOD ARTS CENTER PURPOSE: ARTIST RELIEF GRANT | $10,000 |
Toledo, OH PURPOSE: ARTIST RELIEF GRANT | $10,000 |
Sylvania, OH PURPOSE: ARTIST RELIEF GRANT | $10,000 |
Toledo, OH PURPOSE: ARTIST RELIEF GRANT | $10,000 |
AFRICAN AMERICAN LEGACY PROJECT NW OHIO PURPOSE: ARTIST RELIEF GRANT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Arts Commission Of Greater Toledo Inc has recieved totaling $346,390.
| Awarding Organization | Amount |
|---|---|
Promedica Health System Inc Toledo, OH PURPOSE: CHARITABLE DONATION | $228,550 |
Toledo Community Foundation Toledo, OH PURPOSE: GENERAL SUPPORT, GIVING TUESDAY CHALLENGE, ARTS LEADERSHIP PILOT PROJECT, TO SUPPORT YOUTH ARTS PROGRAMMING, ARTS AND COMMUNITY CONVERSATIONS, ANNUAL DISTRIBUTION, IN HONOR OF THE BIRTHDAY OF JENNIFER JARRETT. | $86,476 |
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $15,990 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $9,750 |
R G Laha Foundation Columbus, OH PURPOSE: ASSIST IN THE FUNDING OF | $5,624 |
Endowment Analysis
| Beg. Balance | $87,591 |
| Earnings | $13,293 |
| Admin Expense | $368 |
| Net Contributions | $1,000 |
| Grants | $2,768 |
| Ending Balance | $98,748 |
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 |