Platform Art Inc
- Assets
- $37.2k
- Revenue
- $206.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Lakeland, FL
- Founding
- 07/2006
- Data as of
- 12/2022
- EIN
- 51-0578282
Organization Overview
Platform Art Inc is located in Lakeland, FL. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2022, Platform Art Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Platform Art 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, Platform Art Inc generated $206.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $189.3k during the year ending 12/2022. While expenses have increased by 6.7% 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
OUR MISSION IS TO ENRICH THE COMMUNITY BY PROVIDING FORUMS FOR ART EXPERIENCES & SUPPORTING THE CREATION OF PUBLIC ART. WE HAVE SALONS AND LECTURES TO DISCUSS OUT ART PROJECTS INCLUDING THE HISTORY AND HOW THE ARTIST DESIGNED AND PRODUCED THE ART USING CONCEPTS PROVIDED BY LOCAL SCHOOL CHILDREN. LOCAL SCHOOL STUDENTS SUBMITTED ART WORK 4 OF WHICH TO BE MADE INTO TILES TO BE ADDED TO OUR MOST RECENT PROJECT FRIENDS OF FREEDOM- SPANISH AMERICAN WAR- BUFFALO SOLDIERS. PLATFORM HAS WORKS OF ART ALL AROUND THE LOCAL AREA. THE FRIENDS OF FREEDOM MONUMENT WAS INSTALLED IN LAKELAND'S VETERANS PARK ALONG SIDE 4 OTHER OUR PLATFORM'S ART PEICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MAIN PROGRAM SERVICE THIS YEAR WAS COMPLETING THE FRIENDS OF FREEDOM MONUMENT RECOGNIZING THE BUFFALO SOLDIERS AND THEIR PARTICIPATION IN THE SPANISH AMERICA WAR. THE TILES THAT THE STUDENTS DID WERE MADE FROM ARTWORK THEY DESIGNED. THE ARTIST HAD A WORK SESSION EXPLAINING THE ENTIRE PROCESS FROM THE ORIGINAL CONCEPT FOR THE MONUMENT TO THE COMPLETION. BUFFALO SOLDIER REINACTORS ACCOMPANIED THE MONUMENT FROM PENNSYLVANIA TO FLORIDA. THE NATIONAL PRESS AND TV STATIONS WERE INVOLVED AND THERE WERE CEREMONIES WHEN THE MONUMENT GOT TO LAKELAND AND ALSO WHEN IT WAS INSTALLED ON VETERANS DAY WEEKEND. THE ENTIRE PROJECT WAS A GREAT BLEND OF HISTORY AND ART. EVERYONE WAS SO IMPRESSED WITH THIS PROJECT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Haffey Executive Director | Officer | 60 | $40,000 |
Wendy Keene Director | Trustee | 2 | $0 |
Sandy Sheets Director | Trustee | 2 | $0 |
Julie Burford Director | Trustee | 2 | $0 |
Patrick Fagan Treasurer | Trustee | 2 | $0 |
Terry Coney Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,516 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,331 |
| All other contributions, gifts, grants, and similar amounts not included above | $171,772 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $205,619 |
| Total Program Service Revenue | $0 |
| Investment income | $32 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $206,465 |
| 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. | $40,000 |
| Compensation of current officers, directors, key employees. | $8,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,164 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,046 |
| Payroll taxes | $4,131 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,962 |
| Advertising and promotion | $4,611 |
| Office expenses | $4,216 |
| Information technology | $5,555 |
| Royalties | $0 |
| Occupancy | $11,609 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,881 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,592 |
| All other expenses | $0 |
| Total functional expenses | $189,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,207 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,042 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $37,249 |
| Accounts payable and accrued expenses | $1,958 |
| Grants payable | $0 |
| Deferred revenue | $5,000 |
| 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 | $346 |
| Total liabilities | $7,304 |
| Net assets without donor restrictions | $0 |
| 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 | $29,945 |
| Total liabilities and net assets/fund balances | $37,249 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Platform Art Inc has recieved totaling $30,038.
| Awarding Organization | Amount |
|---|---|
Cornelia T Bailey Charitable Trust West Palm Beach, FL PURPOSE: PLATFORMKIDS 2021/2022 BUFFALO SOLDIER SCULPTURE PROJECT | $25,000 |
Earl And Bettie Fields Charitable Foundation Inc Glencoe, IL PURPOSE: CHARITABLE | $2,500 |
Glenn W & Hazelle Paxson Morrison Foundation Inc Lakeland, FL PURPOSE: GRANT | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $38 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Goal Scholarship Program Inc Peachtree Corners, GA | $58,000,031 | $45,569,079 |
Georgia State University Athletic Association Inc Atlanta, GA | $12,025,331 | $28,251,593 |
Vinik Family Foundation Tampa, FL | $192,173,639 | $29,773,809 |
Hire Heroes Usa Alpharetta, GA | $7,840,449 | $13,205,192 |
Scholarships For Kids Inc Birmingham, AL | $21,791,162 | $14,541,038 |
Apogee Georgia School Choice Scholarship Fund Atlanta, GA | $21,549,156 | $14,581,744 |
Special Operations Warrior Foundation Tampa, FL | $175,400,415 | $16,396,122 |
Inspire Brands Foundation Inc Atlanta, GA | $11,528,068 | $11,993,911 |
Floridamakes Inc Orlando, FL | $1,478,174 | $9,967,367 |
Watson-Brown Foundation Inc Thomson, GA | $0 | $9,697,974 |
Alef Fund Inc Atlanta, GA | $10,107,377 | $6,194,898 |
Broward Education Foundation Inc Fort Lauderdale, FL | $12,469,303 | $5,256,121 |