Marietta-Cobb Museum Of Art Inc
- Assets
- $1.2m
- Revenue
- $709.9k
- Investments
- $0.0
- Employees
- 9
- Location
- Marietta, GA
- Founding
- 06/1986
- Data as of
- 12/2022
- 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 12/2022, Marietta-Cobb Museum Of Art Inc employed 9 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 12/2022, Marietta-Cobb Museum Of Art Inc generated $709.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $601.8k during the year ending 12/2022. While expenses have increased by 5.8% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
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:
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beverly Kelly Director | Trustee | 1 | $0 |
Bobby Tharpe Director | Trustee | 2 | $0 |
Boozer Mcclure Director | Trustee | 1 | $0 |
Chad Curry Director | Trustee | 1 | $0 |
Colby Henson Director | Trustee | 1 | $0 |
Don Keller Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $44,159 |
| Fundraising events | $38,172 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $456,342 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $538,673 |
| Total Program Service Revenue | $141,604 |
| Investment income | $797 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $18,723 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,105 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $709,902 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $268,740 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $23,566 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $550 |
| Fees for services: Accounting | $6,340 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,119 |
| Advertising and promotion | $15,049 |
| Office expenses | $12,962 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,824 |
| Travel | $32,741 |
| 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 | $12,407 |
| Insurance | $11,937 |
| All other expenses | $44,021 |
| Total functional expenses | $601,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $493,462 |
| Savings and temporary cash investments | $487,298 |
| 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 | $4,168 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $176,185 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,161,113 |
| 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 | $1,026,233 |
| Net assets with donor restrictions | $134,880 |
| 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 | $1,161,113 |