Art League Of Ocean City Inc

Organization Overview

Art League Of Ocean City Inc is located in Ocean City, MD. The organization was established in 1985. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Art League Of Ocean City Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Art League Of Ocean City 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, Art League Of Ocean City Inc generated $806.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $741.8k during the year ending 12/2021. While expenses have increased by 7.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE ARTISTIC EXPRESSION AND APPRECIATION FOR THE CREATIVE ARTS IN THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE ARTISTIC EXPRESSION AND APPRECIATION FOR THE CREATIVE ARTS IN THE COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Rina Thaler
Executive Director
$76,595
Marian Bickerstaff
Past President
$0
John Sisson
President
$0
Rafael Rafo Correa
Treasurer
$0
Emily Schwab
Recording Secretary
$0
Laura Jenkins
Second Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$83,822
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$289,872
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$373,694
Total Program Service Revenue$398,578
Investment income $2,255
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $30,307
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $806,811

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Art League Of Ocean City Inc has recieved totaling $28,716.

Awarding OrganizationAmount
Community Foundation Of The Eastern Shore Inc

Salisbury, MD

PURPOSE: ARTS/CULTURE

$18,616
Homer And Martha Gudelsky Family Foundation Inc

Silver Spring, MD

PURPOSE: TO FURTHER CHARITABLE ACTIVITIES

$5,000
Peter Glenville Foundation

North Charleston, SC

PURPOSE: ART FESTIVAL

$2,500
Carl M Freeman Foundation Inc

Selbyville, DE

PURPOSE: ARTS

$1,500
Spm Foundation Inc

Bethesda, MD

PURPOSE: SUPPORT SERVICESSUPPORT SERVICES

$1,000
Paul And Carol Horvitz Foundation

Houston, TX

PURPOSE: TO ASSIST THIS ORGANIZATION WHICH OPERATES ROTATING EXHIBITS OF LOCAL ARTWORKS, PLUS CLASSES AND SEASONAL EVENTS IN A STATE-OF-THE-ART GALLERY

$100
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$286,726
Earnings$58,365
Admin Expense$3,175
Ending Balance$341,916

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