The Sawtooth School For Visual Art is located in Winstonsalem, NC. The organization was established in 1970. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2024, Sawtooth School For Visual Art employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sawtooth School For Visual Art 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 06/2024, Sawtooth School For Visual Art generated $1.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.5m during the year ending 06/2024. While expenses have increased by 1.6% per year over the past 5 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE OPPORTUNITY TO THE COMMUNITY TO TEACH, PRACTICE, AND APPRECIATE ARTS AND CRAFTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND INSTRUCTION IN ARTS AND CRAFTS THROUGH CLASSES, WORKSHOPS, CONFERENCES, EXHIBITS, FILMS, AND OTHER MEDIA, BOTH IN-HOUSE AND THROUGH COMMUNITY OUTREACH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lauren Davis Executive Di | Officer | 40 | $81,796 |
Lynn Gwyn Board Member | Trustee | 1 | $0 |
Sam Metzler Board Member | Trustee | 1 | $0 |
Adam Sebastian Board Member | Trustee | 1 | $0 |
Bud Martin Board Member | Trustee | 1 | $0 |
Katie Williams Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $434,230 |
Noncash contributions included in lines 1a–1f | $19,225 |
Total Revenue from Contributions, Gifts, Grants & Similar | $434,230 |
Total Program Service Revenue | $808,815 |
Investment income | $21,422 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $26,368 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $79,959 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,415,449 |
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. | $95,325 |
Compensation of current officers, directors, key employees. | $22,604 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $784,205 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $31,872 |
Payroll taxes | $53,878 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $264 |
Fees for services: Other | $21,522 |
Advertising and promotion | $9,846 |
Office expenses | $24,995 |
Information technology | $3,982 |
Royalties | $0 |
Occupancy | $104,197 |
Travel | $5,236 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $4,015 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $32,806 |
Insurance | $9,673 |
All other expenses | $21,389 |
Total functional expenses | $1,453,741 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $41,695 |
Savings and temporary cash investments | $571,597 |
Pledges and grants receivable | $29,430 |
Accounts receivable, net | $3,881 |
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 | $21,220 |
Net Land, buildings, and equipment | $188,507 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $27,479 |
Total assets | $883,809 |
Accounts payable and accrued expenses | $53,537 |
Grants payable | $0 |
Deferred revenue | $234,612 |
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 | $152,894 |
Other liabilities | $0 |
Total liabilities | $441,043 |
Net assets without donor restrictions | $280,363 |
Net assets with donor restrictions | $162,403 |
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 | $883,809 |