Arts Club Of Washington
- Assets
- $5.7m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 29
- Location
- Washington, DC
- Founding
- 01/1938
- Data as of
- 03/2023
- EIN
- 53-0029040
Organization Overview
Arts Club Of Washington is located in Washington, DC. The organization was established in 1938. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 03/2023, Arts Club Of Washington employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts Club Of Washington 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 03/2023, Arts Club Of Washington generated $1.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $1.5m during the year ending 03/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF VISUAL, LITERARY,AND MUSICAL ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1FACILITY AND FOOD SERVICES FOCUS ON MAINTENANCE AND SHOWING OF FORMER PRESIDENT JAMES MONROE'S HOME AND OPENING THE BUILDING TO THE PUBLIC FOR VARIOUS EVENTS AND ACTIVITIES INVOLVING THE ARTS. ALSO, CLUB AND PROGRAM SERVICES FOCUS ON MAINTAINNG THE ART GALLERIES AND PROVIDING A CONCERT SERIES TO SHOW CASE THE WORK OF VARIOUS ARTISTS.
FACILITY AND FOOD SERVICES FOCUS ON MAINTENANCE AND SHOWING OF FORMER PRESIDENT JAMES MONROE'S HOME AND OPENING THE BUILDING TO THE PUBLIC FOR VARIOUS EVENTS AND ACTIVITIES INVOLVING THE ARTS. ALSO, CLUB AND PROGRAM SERVICES FOCUS ON MAINTAINNG THE ART GALLERIES AND PROVIDING A CONCERT SERIES TO SHOW CASE THE WORK OF VARIOUS ARTISTS.
THE NATIONAL AWARD FOR ARTS WRITING IS A PROGRAM FUNDED BY ENDOWNMENTS TO ANNUALLY AWARD EXCELLENCE IN WRITING ABOUT THE ARTS FOR A BROAD AUDIENCE. THE AWARD IS GIVEN TO THE AUTHOR OF A BOOK ABOUT ANY ARTISTIC DISCIPLINE PUBLISHED IN THE PREVIOUS YEAR. THE AWARD CELEBRATES PROSE THAT IS LUCID, LUMINOUS, CLEAR, AND INSPIRING. THE WINNER'S PRIZE IS $10,000.
THE NATIONAL AWARD FOR ARTS WRITING IS A PROGRAM FUNDED BY ENDOWNMENTS TO ANNUALLY AWARD EXCELLENCE IN WRITING ABOUT THE ARTS FOR A BROAD AUDIENCE. THE AWARD IS GIVEN TO THE AUTHOR OF A BOOK ABOUT ANY ARTISTIC DISCIPLINE PUBLISHED IN THE PREVIOUS YEAR. THE AWARD CELEBRATES PROSE THAT IS LUCID, LUMINOUS, CLEAR, AND INSPIRING. THE WINNER'S PRIZE IS $10,000.
THE ARTS CLUB USES FUNDS RECEIVED THROUGH AN AIR RIGHTS LEASING AGREEMENT TO SUPPORT SOME OF OUR OUTREACH COMMUNITY PROGRAMS - EXHIBIT OPENINGS, LITERARY EVENNGS, EVENINGS WITH EXTRAORDINARY ARTISTS, AND FRIDAY NOON CONCERT SERIES. THESE EVETNS ARE OPEN TO THE PUBLIC. ALSO, THE FUNDS ARE USED TO MAINTAIN AND RESERVE THE HISTORIC JAMES MONROE HOUSE, WHICH IS LISTED IN THE NATIONAL REGISTER OF HISTORIC PLACES.
THE ARTS CLUB USES FUNDS RECEIVED THROUGH AN AIR RIGHTS LEASING AGREEMENT TO SUPPORT SOME OF OUR OUTREACH COMMUNITY PROGRAMS - EXHIBIT OPENINGS, LITERARY EVENNGS, EVENINGS WITH EXTRAORDINARY ARTISTS, AND FRIDAY NOON CONCERT SERIES. THESE EVETNS ARE OPEN TO THE PUBLIC. ALSO, THE FUNDS ARE USED TO MAINTAIN AND RESERVE THE HISTORIC JAMES MONROE HOUSE, WHICH IS LISTED IN THE NATIONAL REGISTER OF HISTORIC PLACES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yann Henrotte President | OfficerTrustee | 40 | $105,336 |
Gloria Benedetto-Brazelton Vice President | OfficerTrustee | 1 | $0 |
Barbara Ann Farmer Treasurer | OfficerTrustee | 4 | $0 |
Doritt Carroll Corresponding Secretary | OfficerTrustee | 5 | $0 |
Stephen Czerkowski Recording Secretary | OfficerTrustee | 5 | $0 |
George Baden Board Of Governors | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $281,314 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $489,821 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $771,135 |
| Total Program Service Revenue | $680,616 |
| Investment income | $87,528 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $66,184 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,614,497 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $622,836 |
| Pension plan accruals and contributions | $26,822 |
| Other employee benefits | $60,927 |
| Payroll taxes | $52,217 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,472 |
| Fees for services: Accounting | $78,916 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $24,948 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20,351 |
| Office expenses | $16,038 |
| Information technology | $0 |
| Royalties | $657 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18,270 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $42,160 |
| All other expenses | $102,773 |
| Total functional expenses | $1,462,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $290,604 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $280,032 |
| 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 | $2,840 |
| Net Land, buildings, and equipment | $2,745,721 |
| Investments—publicly traded securities | $2,345,559 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $35,553 |
| Total assets | $5,700,309 |
| Accounts payable and accrued expenses | $107,365 |
| Grants payable | $0 |
| Deferred revenue | $2,181 |
| 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 | $917,861 |
| Unsecured mortgages and notes payable | $10,857 |
| Other liabilities | $171,963 |
| Total liabilities | $1,210,227 |
| Net assets without donor restrictions | $2,994,970 |
| Net assets with donor restrictions | $1,495,112 |
| 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 | $5,700,309 |