Artsnow Inc
- Assets
- $4.7m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 5
- Location
- Atlanta, GA
- Founding
- 06/1999
- Data as of
- 06/2022
- EIN
- 58-2425381
Organization Overview
Artsnow Inc is located in Atlanta, GA. The organization was established in 1999. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Artsnow Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Artsnow 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 06/2022, Artsnow Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.3% each year . All expenses for the organization totaled $2.3m during the year ending 06/2022. While expenses have increased by 27.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ARTSNOW IS DEDICATED TO TRANSFORMING EDUCATION THROUGH ARTS INTEGRATION AND INNOVATIVE PRACTICES BY PROVIDING PROFESSIONAL DEVELOPMENT AND TEACHER RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTSNOW PROVIDES PROFESSIONAL LEARNING OPPORTUNITIES, WORKSHOPS, AND RESOURCES ON ARTS AND ARTS INTEGRATION. IN ADDITION, AS A STRATEGIC PARTNER HELPING TO SUPPORT AND ADVANCE TEACHING AND LEARNING IN AND THROUGH THE ARTS, ARTSNOW MEETS WITH SCHOOL LEADERSHIP TEAMS AND FACULTY TO CREATE A PROFESSIONAL LEARNING PLAN THAT SUPPORTS THE LOCAL SCHOOL'S IMPROVEMENT PLAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Walker President & CEO | OfficerTrustee | 40 | $171,279 |
Crystal Collins Executive VP | 40 | $154,535 | |
Carol Mcgrevin Board Chair | OfficerTrustee | 5 | $0 |
Rick Rosell Treasurer | OfficerTrustee | 5 | $0 |
Sherry Cohen Secretary | OfficerTrustee | 5 | $0 |
Lucinda Chapman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,027,774 |
| All other contributions, gifts, grants, and similar amounts not included above | $736,457 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,764,231 |
| Total Program Service Revenue | $751,682 |
| Investment income | $10,428 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,526,341 |
| 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. | $171,279 |
| Compensation of current officers, directors, key employees. | $8,564 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $416,134 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,981 |
| Payroll taxes | $42,071 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $107,995 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,433 |
| Fees for services: Other | $730,850 |
| Advertising and promotion | $6,478 |
| Office expenses | $40,531 |
| Information technology | $30,780 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $179,808 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $128,564 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,253,469 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,395,197 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,501,832 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $10,231 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $835,147 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,742,407 |
| Accounts payable and accrued expenses | $15,499 |
| Grants payable | $0 |
| Deferred revenue | $7,500 |
| 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 | $22,999 |
| Net assets without donor restrictions | $1,647,149 |
| Net assets with donor restrictions | $3,072,259 |
| 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 | $4,742,407 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Artsnow Inc has recieved totaling $560,775.
| Awarding Organization | Amount |
|---|---|
Chestnut Family Foundation Atlanta, GA PURPOSE: TO SUPPORT THE MISSION OF THE RECIPIENT ORGANIZATION | $509,700 |
The Community Foundation For Greater Atlanta Inc Atlanta, GA PURPOSE: ARTS/CULTURE/HUMANITIES | $11,000 |
Atlanta Braves Foundation Inc Atlanta, GA PURPOSE: UNRESTICTED | $10,000 |
Nordson Corporation Foundation Westlake, OH PURPOSE: EDUCATION PROGRAM | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $10,000 |
Thalia & Michael C Carlos Foundation Inc Atlanta, GA PURPOSE: GENERAL SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $410,561 |
| Earnings | -$64,616 |
| Admin Expense | $3,935 |
| Ending Balance | $342,010 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of The Four Arts Palm Beach, FL | $121,173,909 | $24,597,391 |
Music City Inc Nashville, TN | $1,837,848 | $7,930,504 |
Spoleto Festival U S A Charleston, SC | $23,626,585 | $7,325,323 |
Crosstown Arts Memphis, TN | $38,457,214 | $4,680,625 |
Irma And Norman Braman Art Foundation Miami, FL | $27,200,000 | -$200,000 |
John C Campbell Folk School Brasstown, NC | $20,488,128 | $4,524,565 |
Korean Martial Arts Culture & Education Foundation Inc Hollywood, FL | $530,186 | $4,469,417 |
Arts Center Of Coastal Carolina Hilton Head Island, SC | $10,441,766 | $4,547,581 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Memphis Equity Through Arts Meta Incorporated Memphis, TN | $5,874,530 | $7,164,597 |
Memphis In May International Festival Inc Memphis, TN | $4,677,503 | $2,273,583 |
Safe States Alliance Atlanta, GA | $855,123 | $2,462,301 |