Carpe Artista
- Assets
- $379.9k
- Revenue
- $724.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Smyrna, TN
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 45-2479668
Organization Overview
Carpe Artista is located in Smyrna, TN. The organization was established in 2014. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Carpe Artista 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, Carpe Artista generated $724.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $958.0k during the year ending 12/2022. While expenses have increased by 11.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TRANSFORMING CULTURES GLOBALLY BY DEVELOPING LOCAL ARTS COMMUNITIES THROUGH THE NURTURING OF YOUNG CREATIVES TO REACH THEIR FULL POTENTIAL IN FOUR CORE VALUES: CHARACTER, CALLING, CRAFT, AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARPE ACADEMY PROVIDES ARTISTIC TRAINING AND LEADERSHIP DEVELOPMENT THROUGH AWARD-WINNING CAMPS, ONGOING CLASSES, AND PRIVATE INSTRUCTION USING INTERACTIVE TEACHING METHODS IN VISUAL ARTS, MUSIC, AND THEATER. WITH OUR FOCUS ON THESE CORE VALUES CHARACTER, CRAFT, CALLING AND COMMUNITY CARPE ARTISTA SEEKS TO ASSIST CREATIVES IN REACHING THEIR FULL POTENTIAL. NEWLY IN DEVELOPMENT, THE ACADEMY PROGRAM HAS BEEN EXPANDED BY ADDING A BRANCH OF CAREER TRAINING CALLED C3T CARPE CREATIVE CAREER TRAINING. CARPE ARTISTA WILL PARTNER WITH THE RUTHERFORD COUNTY SCHOOL BOARD, TO PILOT THIS PROGRAM. C3T WILL PROVIDE STUDENTS WITH OPPORTUNITIES TO EARN CTE CERTIFICATIONS THAT WILL PREPARE THEM FOR FUTURE CAREER DEVELOPMENT IN THE ARTS. PLANS INCLUDE PARTNERING WITH THE TENNESSEE STATE EDUCATION DEPARTMENT TO SOLIDIFY THE PROGRAMS INCLUSION IN TENNESSEE STATE SCHOOLS.APPROXIMATELY 400 STUDENTS BENEFITED IN 2022.
CARPE ARTISTA PROVIDES A JOB TRAINING PROGRAM THROUGH THE DAILY OPERATION OF CARPE CAFE, A COFFEE SHOP LOCATED IN SMYRNAS HISTORIC DEPOT DISTRICT. THIS PROGRAM OFFERS HIGH SCHOOL AND COLLEGE AGE STUDENTS THE OPPORTUNITY FOR HANDS-ON TRAINING TO FURTHER THEIR EDUCATIONAL AND CAREER OBJECTIVES. THE CAFE INCORPORATES ARTS EDUCATION WITH LIVE MUSIC PERFORMANCES, STUDIO SPACE FOR VISUAL ART DISPLAYS, AND PERIODIC ARTS INSTRUCTION. APPROXIMATELY 16,000 PEOPLE BENEFITED IN 2022.
CARPE ARTISTA ENGAGES IN COMMUNITY DEVELOPMENT EFFORTS THROUGH ORGANIZING EVENTS THAT BRING AWARENESS TO THE ECONOMIC AND INNOVATION BENEFITS OF A THRIVING ARTISTIC COMMUNITY. THESE EVENTS ENGAGE LOCAL BUSINESSES AND INDUSTRY TO PARTNER FOR CULTURAL DEVELOPMENT, WHILE STRIVING TO PROMOTE THE CREATIVE ARTS WITHIN THE COMMUNITY. CARPE ARTISTA COORDINATES FESTIVALS, CONCERTS, SHOWS, FARMERS MARKETS, AND OTHER PUBLIC CULTURAL EVENTS APPROXIMATELY 20,000 PEOPLE BENEFITED IN 2022
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andre Swauncy Director | Trustee | 2 | $0 |
Corinne Morse Director | Trustee | 2 | $0 |
Aaron Conklin Director | Trustee | 2 | $0 |
Terry Williams Director | Trustee | 2 | $0 |
Adam Mcowen Director | Trustee | 2 | $0 |
Patrick Beauchene Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $109,379 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,629 |
| Total Program Service Revenue | $586,251 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $27,617 |
| 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 | $724,497 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $91,718 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $13,533 |
| Advertising and promotion | $9,855 |
| Office expenses | $1,238 |
| Information technology | $10,679 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,253 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $23,099 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,923 |
| Insurance | $12,439 |
| All other expenses | $54,027 |
| Total functional expenses | $958,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,644 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $4,752 |
| Net Land, buildings, and equipment | $263,479 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $379,875 |
| Accounts payable and accrued expenses | $43,278 |
| Grants payable | $0 |
| Deferred revenue | $11,619 |
| 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 | $364,576 |
| Unsecured mortgages and notes payable | $425,100 |
| Other liabilities | $0 |
| Total liabilities | $844,573 |
| Net assets without donor restrictions | -$464,698 |
| 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 | $379,875 |