Penland School Of Craft is located in Penland, NC. The organization was established in 1940. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 04/2022, Penland School Of Craft employed 95 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Penland School Of Craft 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 04/2022, Penland School Of Craft generated $8.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $7.8m during the year ending 04/2022. While expenses have increased by 3.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF PENLAND SCHOOL OF CRAFT IS TO MAKE LIVES MEANINGFUL THROUGH MAKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PENLAND SCHOOL OF CRAFT IS AN INTERNATIONAL CENTER FOR CRAFT EDUCATION. PENLAND OFFERS ONE-WEEK TO EIGHT-WEEK WORKSHOPS IN BOOKS AND PAPER, CLAY, DRAWING, GLASS, IRON, METALS, PHOTOGRAPHY, PRINTMAKING, TEXTILES, WOOD AND LETTERPRESS STUDIOS. THE SCHOOL ALSO SPONSORS ARTISTS' RESIDENCIES, EDUCATIONAL OUTREACH PROGRAMS, AND A CRAFT GALLERY. IN A TYPICAL YEAR, WE SERVE APPROXIMATELY 1,400 STUDENTS AND 16,000 VISITORS. PLEASE SEE SCHEDULE O FOR A CONTINUATION OF PROGRAM SERVICE ACCOMPLISHMENTS.STUDIO CLASSES: DURING THE COVID-19 PANDEMIC, WE HAVE LOWERED OUR ENROLLMENT TO KEEP STUDENTS, STAFF, AND COMMUNITY SAFE. IN FY22, PENLAND SERVED 885 STUDENTS IN ADULT CRAFT WORKSHOPS, AND AN ADDITIONAL 35 PARTICIPATED IN ONLINE CRAFT WORKSHOPS. APPROXIMATELY HALF OF OUR STUDENTS RECEIVED SOME FORM OF FINANCIAL ASSISTANCE. EIGHT PROFESSIONAL ARTISTS WORKED AND LIVED AT PENLAND IN FY22 AS PART OF OUR THREE-YEAR RESIDENT ARTIST PROGRAM. RESIDENT ARTISTS 2021-2024: DANIEL GARVER (CERAMICS), BFA, UNIVERSITY OF WISCONSIN-MILWAUKEE; SEAN O'CONNELL (CERAMICS), MFA, ROCHESTER INSTITUTE OF TECHNOLOGY; AND SARAH VAUGHAN (GLASS), MFA, ROCHESTER INSTITUTE OF TECHNOLOGY. RESIDENTS 2020-2023: ADAM ATKINSON (MIXED MEDIA), MFA, EAST CAROLINA UNIVERSITY; EVERETT HOFFMAN (MIXED MEDIA), MFA, VIRGINIA COMMONWEALTH UNIVERSITY; ELLIE RICHARDS (WOOD), MFA, ARIZONA STATE UNIVERSITY; ADAM WHITNEY (METALS), BFA, VIRGINIA COMMONWEALTH UNIVERSITY; JULIA HARRISON (METALS), MFA, UNIVERSITY OF WASHINGTON. PENLAND'S CORE FELLOWSHIP PROGRAM SUPPORTED 8 EMERGING ARTISTS WHO EXCHANGE TWO YEARS OF PART-TIME WORK FOR TUITION, ROOM, BOARD, AND STUDIO SPACE. CORE FELLOWS 2022-2024: LISA NGUYEN (WOOD), BA, SAN DIEGO STATE UNIVERSITY; CELIA SHAHEEN (TEXTILES); AND LILY WILKINS (MIXED MEDIA), BFA, MARYLAND INSTITUTE COLLEGE OF ART. CORE FELLOWS 2021-2023: SARINA ANGELL (TEXTILES), BFA, MARYLAND INSTITUTE COLLEGE OF ART; MOLLY BERNSTEIN (CLAY), BFA, THE UNIVERSITY OF THE ARTS (PA); MARIA FERNANDA NUEZ (MIXED MEDIA), BFA, CALIFORNIA COLLEGE OF THE ARTS; LARS SHIMABUKURO (TEXTILES), BFA, YALE UNIVERSITY; TONY SANTOYO (DRAWING/ PAINTING, MIXED MEDIA), BA, UNIVERSITY OF MINNESOTA. WINTER RESIDENCIES PROVIDED 116 ARTISTS WITH INDEPENDENT CREATIVE TIME IN PENLAND'S 16 STATE-OF-THE-ART STUDIOS DURING JANUARY AND FEBRUARY 2022. WE OFFERED TWELVE DISTINGUISHED FELLOWSHIPS TO ARTISTS OF COLOR, AND FELLOWSHIPS TO TWO HBCU EDUCATORS, FOR TWO-WEEK WINTER RESIDENCIES AT NO COST TO THE ARTISTS. WE ALSO OFFERED 40 ADDITIONAL MERIT-BASED PARTIAL FELLOWSHIPS TO REMOVE THE RESIDENCY FEE.THE PENLAND GALLERY & VISITORS CENTER HOSTED 5,225 VISITORS AND EXHIBITED THE WORK OF 158 ARTISTS, WITH 102 (65%) FROM 10 NC COUNTIES. COMMUNITY COLLABORATIONS PROGRAMS PROVIDED EXPERIENTIAL ARTS EDUCATION FOR 2,776 CHILDREN AND 2,084 ADULTS THROUGH TEACHING ARTIST IN THE SCHOOLS, KIDS CAMP, PROFESSIONAL CRAFT STUDY PROGRAM, AFTERSCHOOL WORKSHOPS, COMMUNITY EVENTS, PACKETS OF ART MATERIALS AND INSTRUCTION, ONLINE AND HYBRID WORKSHOPS, AND OTHER INITIATIVES. THE JANE KESSLER MEMORIAL ARCHIVES AT PENLAND COLLECTS AND PRESERVES UNIQUE MATERIALS THAT CAPTURE THE RICH HISTORY OF THE SCHOOL; IN FY22 WE PROVIDED LINKS TO OUR DIGITIZED AUDIOVISUAL MATERIALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Maria Hall Director | Officer | 60 | $131,186 |
Susan Mcdaniel Director Of Finance | Officer | 50 | $84,668 |
Rich Osborne Chair | OfficerTrustee | 15 | $0 |
Steve Miller Past Chair | OfficerTrustee | 15 | $0 |
Cathy Adelman Secretary | OfficerTrustee | 15 | $0 |
Fred Sanders Vice Chair | OfficerTrustee | 15 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Mt Construction Of Wnc Construction | 4/29/22 | $328,183 |
Stitch Design Shop Architectural | 4/29/22 | $132,807 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $34,693 |
Related organizations | $0 |
Government grants | $188,538 |
All other contributions, gifts, grants, and similar amounts not included above | $4,010,141 |
Noncash contributions included in lines 1a–1f | $68,769 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,233,372 |
Total Program Service Revenue | $2,509,825 |
Investment income | $273,846 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $174,529 |
Net Gain/Loss on Asset Sales | $679,997 |
Net Income from Fundraising Events | $204,514 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $96,940 |
Miscellaneous Revenue | $0 |
Total Revenue | $8,195,417 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $70,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $215,854 |
Compensation of current officers, directors, key employees. | $183,058 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,557,755 |
Pension plan accruals and contributions | $53,123 |
Other employee benefits | $419,690 |
Payroll taxes | $214,032 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $178,038 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $900,051 |
Advertising and promotion | $19,426 |
Office expenses | $539,764 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $381,915 |
Travel | $14,557 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,128 |
Interest | $65,567 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,341,526 |
Insurance | $255,230 |
All other expenses | $20,922 |
Total functional expenses | $7,834,332 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $895,603 |
Savings and temporary cash investments | $5,347,796 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $319,906 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $276,294 |
Prepaid expenses and deferred charges | $143,205 |
Net Land, buildings, and equipment | $22,121,789 |
Investments—publicly traded securities | $45,255,828 |
Investments—other securities | $0 |
Investments—program-related | $2,987,483 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $77,347,904 |
Accounts payable and accrued expenses | $668,859 |
Grants payable | $0 |
Deferred revenue | $1,975,909 |
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 | $1,739,678 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $4,384,446 |
Net assets without donor restrictions | $25,744,495 |
Net assets with donor restrictions | $47,218,963 |
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 | $77,347,904 |
Over the last fiscal year, we have identified 31 grants that Penland School Of Craft has recieved totaling $530,436.
Awarding Organization | Amount |
---|---|
John And Robyn Horn Foundation Inc Little Rock, AR PURPOSE: 2021 GENERAL OPERATING SUPPORT | $75,000 |
William Randolph Hearst Foundation New York, NY PURPOSE: SUPPORT FOR ONGOING OPERATIONS | $75,000 |
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 16 GRANT(S) FOR VARYING PURPOSES | $70,990 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: ARTS AND CULTURE | $52,000 |
Impactassets Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $35,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $34,800 |
Beg. Balance | $53,416,259 |
Earnings | -$6,236,656 |
Net Contributions | $1,040,564 |
Other Expense | $2,187,980 |
Ending Balance | $46,032,187 |
Organization Name | Assets | Revenue |
---|---|---|
Penland School Of Craft Penland, NC | $77,347,904 | $8,195,417 |
Georgia Family Connection Partnership Inc Atlanta, GA | $2,438,280 | $6,252,094 |
Arrowmont School Of Arts And Crafts Gatlinburg, TN | $53,053,900 | $4,804,249 |
International Public Management Association For Human Resources Alexandria, VA | $3,795,401 | $2,711,747 |
Artsplus Charlotte, NC | $2,425,687 | $2,154,815 |
Academy Of Arts Taylors, SC | $0 | $1,967,967 |
Governors School For The Arts Fdn Inc Greenville, SC | $6,951,882 | $1,280,520 |
Artspace Inc Raleigh, NC | $1,201,619 | $651,834 |
W O Smith Nashville Community Music School Nashville, TN | $5,939,533 | $597,362 |
Open Hearts Art Center Asheville, NC | $896,904 | $891,931 |
Art 180 Inc Richmond, VA | $1,595,079 | $791,306 |
Artportunity Knocks Atlanta, GA | $37,008 | $383,836 |