Naples Art Association
- Assets
- $1.9m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 14
- Location
- Naples, FL
- Founding
- 12/1957
- Data as of
- 09/2023
- EIN
- 59-1022882
Organization Overview
Naples Art Association is located in Naples, FL. The organization was established in 1957. 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 09/2023, Naples Art Association employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Naples Art Association 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 09/2023, Naples Art Association generated $2.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $2.3m during the year ending 09/2023. While expenses have increased by 5.3% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENLIGHTEN, ENGAGE, EDUCATE, AND ENRICH THE COMMUNITY AS A HUB OF VISUAL ARTS IN SW FLORIDA.
Describe the Organization's Program Activity:
EXHIBITIONS: THE NAPLES ART INSTITUTE OFFERS AN ANNUAL SCHEDULE OF MODERN AND CONTEMPORARY ART EXHIBITIONS FEATURING ART FROM EMERGING AS WELL AS ESTABLISHED ARTISTS OF LOCAL, NATIONAL, AND INTERNATIONAL ORIGIN. WE AIM TO KEEP ADMISSION FREE FOR LOCAL RESIDENTS VIEWING LOCAL TALENT, TO SUPPORT THE VISUAL ARTS IN OUR COMMUNITY AND TO PROVIDE ARTISTS A PLATFORM TO CONNECT WITH OUR LOCAL AUDIENCE.
CLASSES/WORKSHOPS: THE NAPLES ART INSTITUTE BELIEVES ART AND ART EDUCATION ARE VITAL TO OUR SOCIETY AS A WHOLE AND NECESSARY AS PART OF A HEALTHY LIFESTYLE. NAI HOSTS A VARIETY OF YEAR-ROUND ADULT AND YOUTH STUDIO CLASSES AND WORKSHOPS IN A RANGE OF SKILL LEVELS, AS WELL AS A 7-WEEK ARTSCOOL YOUTH SUMMER CAMP. AT NAPLES ART INSTITUTE, WE FOSTER AN ENVIRONMENT OF INCLUSIVITY AND EQUITY FOR ALL INDIVIDUALS AND ENCOURAGE OUR STAFF, INSTRUCTORS, AND STUDENTS TO ACTIVELY CONTRIBUTE TO A COMPASSIONATE AND SUPPORTIVE ATMOSPHERE THAT NURTURES CREATIVE EXPRESSION. AS A LEADER IN THE VISUAL ARTS IN OUR COMMUNITY, WE ARE DEDICATED TO ENSURING ART IS ACCESSIBLE AND AFFORDABLE TO ALL AND WE OFFER FREE OUTREACH ART PROGRAMS TO UNDERSERVED POPULATIONS.
OUTDOOR ART SHOW: THREE MAJOR ANNUAL JURIED OUTDOOR ART FAIRS HOSTED BY NAI IN THE CENTER OF THE CITY OF NAPLES PROVIDE OVER 70,000 ATTENDEES ACCESS TO ARTWORK FROM REGIONAL, NATIONAL AND INTERNATIONAL ARTISTS. OUR ART FAIR PROGRAM INCLUDES OUR MORE INTIMATE ART IN THE PARK SERIES, WHICH PROVIDES LOCAL ARTISTS THE OPPORTUNITY TO SHOWCASE AND SELL THEIR ARTWORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ricki Baker President | OfficerTrustee | 8 | $0 |
Jason Palmisano Until 0323 Treasurer | OfficerTrustee | 5 | $0 |
Bob Ravitz Director | Trustee | 3 | $0 |
Bruce Barone Director | Trustee | 3 | $0 |
Don Demichele Until 0223 Director | Trustee | 3 | $0 |
Ellin Goetz Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $67,374 |
| Fundraising events | $314,276 |
| Related organizations | $0 |
| Government grants | $114,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $245,584 |
| Noncash contributions included in lines 1a–1f | $57,345 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $741,734 |
| Total Program Service Revenue | $1,262,050 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,570 |
| Net Gain/Loss on Asset Sales | $52,336 |
| Net Income from Fundraising Events | -$72,270 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $36,493 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,032,913 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $9,880 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $209,997 |
| Compensation of current officers, directors, key employees. | $29,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $735,717 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,849 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $53,258 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,710 |
| Fees for services: Other | $114,228 |
| Advertising and promotion | $49,287 |
| Office expenses | $14,048 |
| Information technology | $19,482 |
| Royalties | $0 |
| Occupancy | $102,301 |
| Travel | $1,048 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $23,380 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $130,646 |
| Insurance | $5,984 |
| All other expenses | $219 |
| Total functional expenses | $2,265,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,442 |
| Savings and temporary cash investments | $448 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,587 |
| Prepaid expenses and deferred charges | $88,076 |
| Net Land, buildings, and equipment | $1,730,182 |
| Investments—publicly traded securities | $1 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,867,767 |
| Accounts payable and accrued expenses | $77,758 |
| Grants payable | $0 |
| Deferred revenue | $48,930 |
| 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 | $3,755 |
| Total liabilities | $130,443 |
| Net assets without donor restrictions | $1,737,324 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,867,767 |