Florence Thomas Art School Inc
- Assets
- $396.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- West Jefferson, NC
- Founding
- 09/2012
- Data as of
- 12/2022
- EIN
- 45-1263531
Organization Overview
Florence Thomas Art School Inc is located in West Jefferson, NC. The organization was established in 2012. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2022, Florence Thomas Art School Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florence Thomas Art School 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 12/2022, Florence Thomas Art School Inc generated $195.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $190.7k during the year ending 12/2022. While expenses have increased by 6.1% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE INSTRUCTION AND EXHIBITION OF FINE ARTS AND HERITAGE ARTS
Describe the Organization's Program Activity:
Part 3
THE FLORENCE ART SCHOOL SCHEDULED 69 FINE ART AND HERITAGE CRAFTS WORKSHOPS IN 2021. THERE WAS PROFESSIONAL INSTRUCTION IN A VARIETY OF MEDIA AND TECHNIQUES ALONG WITH DEMONSTRATIONS AND OPEN STUDIO AVAILABILITY FOR 434 ADULTS AND 68 CHILDREN
THE FLORENCE ART SCHOOL PROVIDED 190 FREE ART KITS FOR ASHE COUNTY THIRD GRADE STUDENTS AS PART OF OUR ARTSTART PROGRAM.
AN AVERAGE OF 15 FLORENCE THOMAS PAINTINGS WERE ON DISPLAY AT ANY ONE TIME. AN AVERAGE OF 1500 WORKS OF ART WERE EXHIBITED THROUGHOUT THE YEAR. THERE WERE 140 GUEST ARTISTS AND APPROXIMATELY 5,500 VISITORS CAME TO THE GALLERY DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leila Spriggs Operations Manager | 25 | $16,204 | |
Denise Calhoun Gallery Manager | 40 | $28,333 | |
Lydia DE La Cerda Treasurer | 5 | $0 | |
Bob Powell Director | 2 | $0 | |
Jennifer Gardiner Wilson Director | 3 | $0 | |
Christina Freeman Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,339 |
| Total Program Service Revenue | $72,747 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $44,296 |
| Total Revenue | $195,117 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $90,787 |
| Professional fees and other payments to independent contractors | $31,861 |
| Occupancy, rent, utilities, and maintenance | $7,524 |
| Printing, publications, postage, and shipping | $1,612 |
| Other expenses | $58,944 |
| Total expenses | $190,728 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,173 |
| Other assets | $0 |
| Total assets | $396,110 |
| Total liabilities | $7,046 |
| Net assets or fund balances | $389,064 |