Quad City Arts Inc
- Assets
- $1.2m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 13
- Location
- Rock Island, IL
- Founding
- 10/1981
- Data as of
- 12/2023
- EIN
- 36-3122824
Organization Overview
Quad City Arts Inc is located in Rock Island, IL. The organization was established in 1981. 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 12/2023, Quad City Arts Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quad City Arts 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 12/2023, Quad City Arts Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 4.6% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
QUAD CITY ARTS IS DEDICATED TO ENRICHING THE QUALITY OF LIFE IN THE QC REGION THROUGH THE PRESENTATION, DEVELOPMENT AND CELEBRATION OF THE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONE OF THE QUAD CITY ARTS' ROLL AS A LOCAL NONPROFIT ARTS ORGANIZATION IS TO SERVE AS A PARTNER TO ARTISTS AND NONPROFIT ORGANIZATIONS THROUGH: VISUAL ARTS - PROVIDING AND COMMUNICATING OPPORTUNITIES FOR VISUAL ARTISTS TO EXHIBIT AND SELL THEIR WORK. ARTS DOLLARS REGRANTING - PROVIDING FUNDING FOR ARTISTS AND ORGANIZATIONS PRODUCING WORK OR PROGRAMMING WITH A COMMUNITY ARTS EMPHASIS.
QUAD CITY ARTS' OTHER ROLE AS A LOCAL NONPROFIT ARTS ORGANIZATION IS TO PRESENT ARTS PROGRAMS THROUGH: PERFORMING ARTS - INCLUDING THE NATIONAL AWARD WINNING VISITING ARTIST SERIES. VISUAL & PUBLIC ARTS - INCLUDING EXHIBITION AND SALES GALLERIES ON LOCATION, A SATELLITE EXHIBITION GALLERY AT THE AIRPORT, AND FACILITATING ART IN PUBLIC SPACES. METRO ARTS - SUMMER YOUTH EMPLOYMENT PROGRAM WITH ARTS AND JOB SKILLS TRAINING FOR HIGH SCHOOL AND COLLEGE STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin L Maynard Executive Di | OfficerTrustee | 40 | $130,257 |
Brian Allen Director | Trustee | 1 | $0 |
Nate Augustine President | OfficerTrustee | 5 | $0 |
Joy Boruff Director | Trustee | 1 | $0 |
Shea Doyle Director | Trustee | 1 | $0 |
Laura Ekizian Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $138,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $592,770 |
| Noncash contributions included in lines 1a–1f | $29,365 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $731,270 |
| Total Program Service Revenue | $925,027 |
| Investment income | $15,114 |
| 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 | $37,801 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,710,437 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $16,950 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $130,977 |
| Compensation of current officers, directors, key employees. | $4,008 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $385,747 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $60,996 |
| Payroll taxes | $39,529 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,279 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,176 |
| Office expenses | $40,966 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $70,381 |
| Travel | $3,220 |
| 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 | $11,045 |
| Insurance | $2,373 |
| All other expenses | $148,016 |
| Total functional expenses | $1,913,924 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $546,554 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $176,508 |
| 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 | $7,567 |
| Prepaid expenses and deferred charges | $40,732 |
| Net Land, buildings, and equipment | $36,966 |
| Investments—publicly traded securities | $349,555 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $84,690 |
| Total assets | $1,242,572 |
| Accounts payable and accrued expenses | $119,068 |
| Grants payable | $0 |
| Deferred revenue | $58,300 |
| 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 | $55,300 |
| Total liabilities | $232,668 |
| Net assets without donor restrictions | $862,142 |
| Net assets with donor restrictions | $147,762 |
| 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 | $1,242,572 |