Arrowmont School Of Arts And Crafts
- Assets
- $53.1m
- Revenue
- $4.8m
- Investments
- $336.0k
- Employees
- 45
- Location
- Gatlinburg, TN
- Founding
- 08/1992
- Data as of
- 12/2021
- EIN
- 58-2007394
Organization Overview
Arrowmont School Of Arts And Crafts is located in Gatlinburg, TN. The organization was established in 1992. 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 12/2021, Arrowmont School Of Arts And Crafts employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arrowmont School Of Arts And Crafts 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 12/2021, Arrowmont School Of Arts And Crafts generated $4.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $3.7m during the year ending 12/2021. While expenses have increased by 3.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ARROWMONT IS A NATIONAL ART EDUCATION CENTER THAT IS DEVOTED (CONTINUED ON P. 47 ON SCHEDULE O) TO THE ENCOURAGEMENT, EDUCATION AND UNDERSTANDING OF EXCELLENCE IN CREATIVE ARTS AND CRAFTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2012, THE HISTORIC CAMPUS OF THE ARROWMONT SCHOOL OF ARTS AND CRAFTS MARKED ITS 100TH YEAR AS A PLACE OF EDUCATION. THE SPIRIT OF THIS HERITAGE PERMEATES THE GROUNDS, BUILDINGS AND EVEN THE MOUNTAIN AIR. THE EARLY YEARS WERE ABOUT GENERAL EDUCATION IN A SETTLEMENT SCHOOL SETTING, BUT CURRICULUM WAS SOON ADDED IN MOUNTAIN HANDICRAFTS TO PRESERVE SKILLS AND PROVIDE VEHICLES OF LIVELIHOOD FOR AREA RESIDENTS. IN 1945, THE SIGNATURE SUMMER WORKSHOP PROGRAM WAS LAUNCHED DURING A PERIOD OF REVIVAL IN CRAFT EDUCATION AND THE SCHOOL WAS OPENED TO PEOPLE FROM ALL OVER THE UNITED STATES WHO TRAVELED TO TAKE ART CLASSES IN THE BEAUTIFUL GREAT SMOKY MOUNTAINS. SEVENTY-SEVEN YEARS LATER, THAT WORKSHOP PROGRAM HAS EVOLVED INTO THE EXTENSIVE YEAR ROUND COURSE OFFERINGS OF MORE THAN 140 CLASSES IN CONTEMPORARY ART AND CRAFTS.IN A TIME WHEN MANY ARE SEEKING FRESH WAYS OF PROBLEM-SOLVING, SEEING DIFFERENTLY AND COMMUNICATING EFFECTIVELY, ARROWMONT OFFERS AN OPPORTUNITY FOR PEOPLE OF ALL SKILL LEVELS TO SPEND A FEW HOURS A DAY, A WEEKEND, A WEEK OR TWO WEEKS IMMERSED IN ART-MAKING, EXPERIMENTING, LEARNING NEW TECHNIQUES, EXPLORING A VARIETY OF MEDIA AND FORMS OF EXPRESSION OR SIMPLY TAKING TIME TO BE FULLY FOCUSED AND PRESENT IN A CREATIVE MANNER WITHOUT THE DISTRACTIONS OF DAILY LIFE. FOR SOME, IT IS THE OPPORTUNITY TO STUDY WITH LEADING, NATIONALLY RECOGNIZED ARTISTS WHO TRAVEL TO THE CAMPUS TO TEACH SPECIFIC WORKSHOPS AND SERVE AS THE SCHOOL'S FOUNDATION IN ENSURING THE HIGHEST QUALITY OF INNOVATIVE INSTRUCTION. FOR OTHERS, IT IS THE EXCEPTIONAL, WELL-EQUIPPED STUDIOS WHERE STUDENTS CAN WORK SAFELY AND CONFIDENTLY IN A PROFESSIONAL-LEVEL ENVIRONMENT. FOR MANY, IT IS THE DAILY ENGAGEMENT AMONG A DIVERSE GROUP OF PEOPLE FROM DIFFERENT BACKGROUNDS, COMING TOGETHER TO LEARN AND WORK IN A SUPPORTIVE, CREATIVE ENVIRONMENT.ARROWMONT OFFERS CLASSES, WORKSHOPS, CONFERENCES AND OTHER PROGRAMS TO FURTHER STUDENT EDUCATION AND PROMOTE EXCELLENCE IN THE ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trudy Hughes Executive Director | OfficerTrustee | 40 | $75,186 |
Susie Glenn Vice President - Board Of | OfficerTrustee | 1 | $0 |
Steve Gottlieb President - Board Of Gover | OfficerTrustee | 1 | $0 |
Shirley Hogan Treasurer - Board Of Gover | OfficerTrustee | 1 | $0 |
Deborah Coburn Rice Secretary - Board Of Gover | OfficerTrustee | 1 | $0 |
Jim Bove Member - Board Of Governor | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $98,061 |
| Related organizations | $0 |
| Government grants | $113,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,070,422 |
| Noncash contributions included in lines 1a–1f | $61,881 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,281,483 |
| Total Program Service Revenue | $752,161 |
| Investment income | $932,756 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,350 |
| Net Gain/Loss on Asset Sales | -$206,340 |
| Net Income from Fundraising Events | $21,232 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $18,607 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,804,249 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $143,119 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $75,187 |
| Compensation of current officers, directors, key employees. | $33,118 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,311,623 |
| Pension plan accruals and contributions | $37,989 |
| Other employee benefits | $99,291 |
| Payroll taxes | $100,496 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,184 |
| Fees for services: Accounting | $27,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $103,058 |
| Advertising and promotion | $35,350 |
| Office expenses | $98,654 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $280,258 |
| Travel | $85,934 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,332 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $584,761 |
| Insurance | $120,873 |
| All other expenses | $243,660 |
| Total functional expenses | $3,722,610 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,767,233 |
| Savings and temporary cash investments | $1,627,071 |
| Pledges and grants receivable | $193,540 |
| 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 | $54,265 |
| Prepaid expenses and deferred charges | $25,997 |
| Net Land, buildings, and equipment | $10,706,325 |
| Investments—publicly traded securities | $34,053,970 |
| Investments—other securities | $335,982 |
| Investments—program-related | $4,037,936 |
| Intangible assets | $0 |
| Other assets | $251,581 |
| Total assets | $53,053,900 |
| Accounts payable and accrued expenses | $303,699 |
| Grants payable | $0 |
| Deferred revenue | $178,861 |
| 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 | $482,560 |
| Net assets without donor restrictions | $23,355,006 |
| Net assets with donor restrictions | $29,216,334 |
| 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 | $53,053,900 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Arrowmont School Of Arts And Crafts has recieved totaling $2,081,664.
| Awarding Organization | Amount |
|---|---|
Margaret A Cargill Foundation Eden Prairie, MN PURPOSE: EXPLORING AND PRESERVING THE DIVERSE ROOTS OF TRADITIONAL APPALACHIAN CRAFT | $1,000,000 |
Margaret A Cargill Foundation Eden Prairie, MN PURPOSE: EXPLORING AND PRESERVING THE DIVERSE ROOTS OF TRADITIONAL APPALACHIAN CRAFT | $900,000 |
John And Robyn Horn Foundation Inc Little Rock, AR PURPOSE: 2021 GENERAL OPERATING SUPPORT | $75,000 |
Cooper-Burchfield Foundation Inc Nashville, TN PURPOSE: GENERAL FUND | $72,584 |
Maxwell Hanrahan Foundation Portola Valley, CA PURPOSE: TO SUPPORT THE ARTISTS-IN-RESIDENCE PROGRAM. | $10,000 |
East Tennessee Foundation Knoxville, TN PURPOSE: GEN/OPER SUPPORT | $8,000 |
Endowment Analysis
| Beg. Balance | $26,971,508 |
| Earnings | $2,779,857 |
| Net Contributions | $1,577,777 |
| Other Expense | $297,961 |
| Grants | $126,869 |
| Ending Balance | $30,904,312 |
Peer Organizations
| 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 |
Appalachian Artisan Center Of Kentucky Inc Hindman, KY | $4,477,331 | $761,854 |
Artspace Inc Raleigh, NC | $1,201,619 | $651,834 |
Fort Smith Art Center Inc Fort Smith, AR | $4,977,849 | $1,507,880 |
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 |