Mark Arts Inc

Organization Overview

Mark Arts Inc is located in Wichita, KS. The organization was established in 1935. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Mark Arts Inc employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mark 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 12/2021, Mark Arts Inc generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ACQUIRE EXHIBIT AND DISPLAY WORKS OF ART AND CONDUCT SCHOOLS OF ART TO BENEFIT THE COMMUNITY.

Describe the Organization's Program Activity:

EDUCATION - YEAR ROUND ART CLASSES, WORKSHOPS & CAMPS ARE PROVIDED FOR ADULTS AND CHILDREN. SEVERAL WORKSHOPS ARE TAUGHT BY VISITING ARTISTS. APPROX. 2,700 STUDENTS PARTICIPATE IN CLASSES EACH YEAR IN EIGHT STUDIOS: 2 FOR DRAWING/PAINTING, CERAMICS, SCULPTURE, METALS, PRINTMAKING, YOUTH & CULINARY ARTS.


GALLERY - THE ART GALLERIES ARE FREE AND OPEN TO THE PUBLIC WITH APPROXIMATELY 21 DIFFERENT EXHIBITS SHOWN ANNUALLY AND APPROXIMATELY 50,000 VISITORS EACH YEAR. GALLERY SPACES INCLUDE THE WIEDEMANN GALLERY, SCHOOL OF CREATIVITY COMMONS, YOUTH GALLERY, AND PRINT GALLERY IN THE GREAT HALL.


EVENT CENTER: HOME TO THE PRINT GALLERY, THE EVENT CENTER PROVIDES OPPORTUNITY FOR GROUPS TO GATHER IN AN ART-FILLED ENVIRONMENT, ENCOURAGING LIFELONG LEARNING AND APPRECIATION FOR THE VISUAL ARTS.


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Board, Officers & Key Employees

Name (title)Compensation
Katy Dorrah
CEO
$161,799
Chris Gomez
President
$0
Dara Geoffroy
Secretary
$0
Margaret Dechant
Vice President
$0
Doug Brantner
Treasurer
$0
Mark Eaton
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Dondlinger Construction
Construction
$8,519,542
Alloy Architecture
Architecture
$140,487
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$102,458
Fundraising events$242,859
Related organizations$0
Government grants $121,590
All other contributions, gifts, grants, and similar amounts not included above$688,517
Noncash contributions included in lines 1a–1f $40,768
Total Revenue from Contributions, Gifts, Grants & Similar$1,155,424
Total Program Service Revenue$798,403
Investment income $161,451
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $274,324
Net Income from Fundraising Events -$4,692
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,389,288

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Mark Arts Inc has recieved totaling $30,000.

Awarding OrganizationAmount
Frank & Betty Hedrick Foundation

Wichita, KS

PURPOSE: FOR USE IN OPERATIONS

$25,000
$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,381,308
Earnings$492,997
Admin Expense$27,492
Net Contributions$17,006
Other Expense$206,187
Ending Balance$4,657,632

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