Marietta-Cobb Museum Of Art Inc
- Assets
- $776.9k
- Revenue
- $478.2k
- Investments
- $0.0
- Employees
- 10
- Location
- Marietta, GA
- Founding
- 06/1986
- Data as of
- 12/2020
- EIN
- 58-1528144
Organization Overview
Marietta-Cobb Museum Of Art Inc is located in Marietta, GA. The organization was established in 1986. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Marietta-Cobb Museum Of Art Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marietta-Cobb Museum Of Art 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 12/2020, Marietta-Cobb Museum Of Art Inc generated $478.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $443.0k during the year ending 12/2020. While expenses have increased by 4.9% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
MARIETTA/COBB MUSEUM OF ART'S MISSION IS TO INSPIRE AND EDUCATE A DIVERSE COMMUNITY THROUGH EXHIBITION, INTERPRETATION, COLLECTION AND PRESENTATION OF WORKS OF AMERICAN ART.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART EXHIBITS - ART EXHIBITS ARE DISPLAYED BY THE MUSEUM FOR THE ENJOYMENT OF THE COMMUNITY
MARIETTA/COBB MUSEUM OF ART PROVIDES EDUCATIONAL ART CLASSES TO THE COMMUNITY AND FREE ART CLASS AT THE YWCA OUTREACH PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bobby Tharpe Secretary | OfficerTrustee | 2 | $0 |
Jackie Garvin Chairman | OfficerTrustee | 1 | $0 |
Tammy Galvis Treasurer | OfficerTrustee | 2 | $0 |
Trapp Tischner Vice Chairman | OfficerTrustee | 2 | $0 |
Colby Henson Director | Trustee | 1 | $0 |
Beverly Kelly Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $442,552 |
| Investment income | $2,828 |
| 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 | $646 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $478,204 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $286,531 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,690 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,100 |
| Fees for services: Accounting | $2,995 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,060 |
| Advertising and promotion | $13,623 |
| Office expenses | $13,729 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,693 |
| Travel | $3,264 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,503 |
| Insurance | $9,884 |
| All other expenses | $0 |
| Total functional expenses | $442,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $520,754 |
| Savings and temporary cash investments | $54,476 |
| 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 | $4,686 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $776,855 |
| 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 |
| Total liabilities and net assets/fund balances | $776,855 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Marietta-Cobb Museum Of Art Inc has recieved totaling $172,040.
| Awarding Organization | Amount |
|---|---|
Cobb Community Foundation Inc Atlanta, GA PURPOSE: ARTS, CULTURE & HUMANITIES | $100,000 |
Vaughan Foundation Inc Marietta, GA PURPOSE: EDUCATION CHILDREN'S PROGRAMS | $67,000 |
Jp Brinker-Uys Foundation Atlanta, GA PURPOSE: OPERATING GRANT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Ibm International Foundation Armonk, NY PURPOSE: EMPLOYEE MATCHING GRANT | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jorge M Perez Art Museum Of Miami Dade County Inc Miami, FL | $170,476,765 | $20,155,933 |
Norton Museum Of Art Inc West Palm Beach, FL | $222,458,211 | $26,618,274 |
Cheekwood Botanical Garden And Museum Of Art Nashville, TN | $58,316,106 | $17,726,545 |
Salvador Dali Museum Inc St Petersburg, FL | $91,811,213 | $16,504,517 |
Mint Museum Of Art Inc Charlotte, NC | $80,854,701 | $6,923,462 |
Institute Of Contemporary Art Miami Inc Miami, FL | $55,226,437 | $8,674,913 |
Hunter Museum Of Art Chattanooga, TN | $45,514,020 | $7,390,848 |
Telfair Museum Of Art Inc Savannah, GA | $65,681,011 | $7,397,922 |
Deette Holden Cummer Museum Foundation Inc Jacksonville, FL | $55,301,594 | $7,203,933 |
James Museum Of Western Art St Petersburg, FL | $84,650,622 | $18,663,033 |
Dixon Gallery And Gardens Memphis, TN | $9,304,777 | $5,610,012 |
Boca Raton Museum Of Art Inc Boca Raton, FL | $21,164,716 | $6,166,794 |