Beaufort Art Association
- Assets
- $44.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beaufort, SC
- Founding
- 01/1976
- Data as of
- 12/2022
- EIN
- 51-0175107
Organization Overview
Beaufort Art Association is located in Beaufort, SC. The organization was established in 1976. According to its NTEE Classification (A51) the organization is classified as: Art Museums, 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. Beaufort Art Association 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, Beaufort Art Association generated $185.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $186.2k during the year ending 12/2022. While expenses have increased by 8.2% per year over the past 5 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
ART EDUCATION FOR THE COMMUNITY: PROMOTES AND DISPLAYS LOCAL COMMUNITY ART; ORGANIZES AND MANAGES CITY WIDE ART SHOWS FOR COMMUNITY MEMBERS AND STUDENTS; CONDUCTS ART WORKSHOPS AND CLASSES OPEN TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3
BEAUFORT ART ASSOCIATION GALLERY AND SATELLITE GALLERIES - DISPLAYS LOCAL ARTISTS' WORK WHICH BENEFITS AN ESTIMATED 15,000 PEOPLE IN THE COMMUNITY AND THE GENERAL PUBLIC. THE GALLERY SHOWS ARE ROTATED FREQUENTLY. ALL COMMUNITY MEMBERS MAY JOIN THE ASSOCIATION, AND THE PUBLIC HAS DAILY ACCESS TO THE ASSOCIATION'S MAIN LOCATION AND ITS THREE SATELLITE LOCATIONS, LOCAL SCHOOL TEACHERS BRING STUDENT FIELD TRIPS TO THE GALLERY FOR EDUCATIONAL PURPOSES.
SPRING ART SHOW - AN ANNUAL ART SHOW OPEN TO THE COMMUNITY AT A PUBLIC FACILITY PROMOTING LOCAL ART WHICH BENEFITS AN EXTIMATED 5,000 PEOPLE IN THE COMMUNITY. THE SPRING ART SHOW HAS BOTH ADULT AND STUDENT ENTRY CLASSES. AN OUTSIDE ART EXPERT IS BROUGHT IN FOR JUDGING, CRITIQUE AND TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Gorman President | 10 | $0 | |
Jo Anne Solesbee Secretary | 10 | $0 | |
Patricia Gardner Treasurer | 15 | $0 | |
Stella Scott VP Gallery | 5 | $0 | |
Lynn Morgan VP Membership | 5 | $0 | |
Wyn Foland VP Satellite Galleries | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $517 |
| Total Program Service Revenue | $171,199 |
| Membership dues | $13,445 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $185,166 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,230 |
| Occupancy, rent, utilities, and maintenance | $40,093 |
| Printing, publications, postage, and shipping | $237 |
| Other expenses | $141,639 |
| Total expenses | $186,199 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,541 |
| Other assets | $0 |
| Total assets | $44,364 |
| Total liabilities | $14,563 |
| Net assets or fund balances | $29,801 |