Talbot County Arts Council Inc
- Assets
- $147.5k
- Revenue
- $358.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Easton, MD
- Founding
- 11/1988
- Data as of
- 06/2023
- EIN
- 52-1532573
Organization Overview
Talbot County Arts Council Inc is located in Easton, MD. The organization was established in 1988. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Talbot County Arts Council 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 06/2023, Talbot County Arts Council Inc generated $358.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $241.6k during the year ending 06/2023. While expenses have increased by 12.0% per year over the past 4 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.
Since 2020, Talbot County Arts Council Inc has awarded 24 individual grants totaling $256,539. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE ARTS IN TALBOT COUNTY, MD, BY GRANTING FUNDS TO ARTS ORGANIZATIONS, ARTS PROGRAMS, AND ARTS EDUCATION IN THE SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THREE TYPES OF GRANT PROGRAMS OFFERED EACH YEAR TO SUPPORT THE ARTS IN TALBOT COUNTY: $119,043 OF COMMUNITY ARTS DEVELOPMENT GRANTS ARE PROVIDED TO 20 NON-PROFIT AND GOVERNMENT RELATED ORGANIZATIONS TO SUPPORT ART PROGRAMS; $22,181 OF ARTS-IN-EDUCATION GRANTS ARE PROVIDED TO TALBOT COUNTY PUBLIC AND PRIVATE ELEMENTARY AND SECONDARY SCHOOLS TO PROMOTE ARTS DURING SCHOOL HOURS; $9,613 IN ARTS SCHOLARSHIPS PROVIDED TO 13 STUDENTS FOR ADVANCED ARTISTIC TRAINING. IN ADDITION $1,615 IN MINI GRANTS WERE PROVIDED TO LAUNCH PILOT PROGRAMS. IN THE FISCAL YEAR, $10,549 SPECIAL GRANTS WERE AWARDED FOR ART PROJECTS OUTSIDE THE NORMAL GRANT CYCLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amelia Blades Stewart President | OfficerTrustee | 10 | $0 |
Ann E Demart Vice President | OfficerTrustee | 5 | $0 |
Janet J Adams Secretary | OfficerTrustee | 5 | $0 |
James T Mueller Treasurer | OfficerTrustee | 5 | $0 |
Damika Baker Wilson Director | Trustee | 1 | $0 |
Peggy J Ford Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $201,024 |
| All other contributions, gifts, grants, and similar amounts not included above | $157,589 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $358,613 |
| Total Program Service Revenue | $0 |
| Investment income | $40 |
| 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 | $358,653 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $163,036 |
| 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. | $53,680 |
| Compensation of current officers, directors, key employees. | $53,680 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,007 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,615 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,970 |
| Office expenses | $356 |
| Information technology | $210 |
| Royalties | $0 |
| Occupancy | $119 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $416 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $698 |
| All other expenses | $0 |
| Total functional expenses | $241,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,459 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $147,459 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 | $147,459 |
| Total liabilities and net assets/fund balances | $147,459 |
Grants Awarded
Over the last fiscal year, Talbot County Arts Council Inc has awarded $79,510 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMY ART MUSEUM INC PURPOSE: COMMUNITY ARTS DEVELOPMENT | $20,000 |
CHESAPEAKE MUSIC INC PURPOSE: COMMUNITY ARTS DEVELOPMENT | $11,360 |
THE AVALON FOUNDATION INC PURPOSE: COMMUNITY ARTS DEVELOPMENT | $20,000 |
OXFORD COMMUNITY CENTER INC PURPOSE: COMMUNITY ARTS DEVELOPMENT | $6,150 |
MID-ATLANTIC SYMPHONY ORCHESTRA SOCIETY INC PURPOSE: COMMUNITY ARTS DEVELOPMENT | $6,000 |
ALLEGRO ACADEMY PURPOSE: COMMUNITY ARTS DEVELOPMENT | $8,000 |