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.
Form
990
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rina Thaler Executive Director | Officer | 40 | $76,595 |
Marian Bickerstaff Past President | OfficerTrustee | 3 | $0 |
John Sisson President | OfficerTrustee | 5 | $0 |
Rafael Rafo Correa Treasurer | OfficerTrustee | 3 | $0 |
Emily Schwab Recording Secretary | OfficerTrustee | 3 | $0 |
Laura Jenkins Second Vice President | OfficerTrustee | 3 | $0 |
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 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $11,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $74,531 |
Compensation of current officers, directors, key employees. | $11,124 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $236,072 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $20,257 |
Payroll taxes | $23,608 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,550 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,100 |
Advertising and promotion | $29,584 |
Office expenses | $5,479 |
Information technology | $10,751 |
Royalties | $0 |
Occupancy | $40,439 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $418 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,970 |
Insurance | $0 |
All other expenses | $27,087 |
Total functional expenses | $741,771 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,143 |
Savings and temporary cash investments | $429,952 |
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 | $0 |
Net Land, buildings, and equipment | $53,856 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $545,355 |
Total assets | $1,030,306 |
Accounts payable and accrued expenses | $6,479 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $6,479 |
Net assets without donor restrictions | $1,014,898 |
Net assets with donor restrictions | $8,929 |
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 | $1,030,306 |
Over the last fiscal year, we have identified 6 grants that Art League Of Ocean City Inc has recieved totaling $28,716.
Awarding Organization | Amount |
---|---|
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 |
Beg. Balance | $286,726 |
Earnings | $58,365 |
Admin Expense | $3,175 |
Ending Balance | $341,916 |
Organization Name | Assets | Revenue |
---|---|---|
Ncta-The Internet & Television Association Washington, DC | $96,448,657 | $68,043,969 |
American Institute Of Architects Washington, DC | $228,151,100 | $44,067,877 |
National Council Of Architectural Registration Boards Washington, DC | $46,963,365 | $34,196,045 |
American Society Of Landscape Architects Inc Washington, DC | $17,442,651 | $12,339,355 |
News Media Alliance Arlington, VA | $20,710,538 | $7,719,219 |
American Association Of Museums Arlington, VA | $11,405,115 | $9,674,597 |
American Press Institute Inc Arlington, VA | $55,812,695 | $5,259,956 |
National Art Education Association Alexandria, VA | $5,332,373 | $7,206,215 |
National Communication Association Washington, DC | $10,518,840 | $3,243,981 |
Architectural Woodwork Institute Potomac Falls, VA | $9,021,141 | $4,703,574 |
National Assembly Of State Arts Agencies Washington, DC | $2,542,835 | $4,408,580 |
Americas Public Television Stations Arlington, VA | $4,157,249 | $3,714,943 |