Naples Art Association
- Assets
- $3.1m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 15
- Location
- Naples, FL
- Founding
- 12/1957
- Data as of
- 09/2021
- 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 09/2021, Naples Art Association employed 15 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 09/2021, Naples Art Association generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $1.3m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 6 years. 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
2021
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:
CLASSES/WORKSHOPS: THE NAPLES ART ASSOCIATION BELIEVES ART AND ART EDUCATION ARE VITAL TO OUR SOCIETY AS A WHOLE AND NECESSARY AS PART OF A HEALTHY LIFESTYLE. AS THE LEADER IN THE VISUAL ARTS, WE ARE DEDICATED TO ENSURING ART IS ACCESSIBLE AND AFFORDABLE TO ALL IN OUR COMMUNITY. THE NAA HOSTS A VARIETY OF YEAR ROUND ADULT AND YOUTH STUDIO CLASSES AND WORKSHOPS IN A RANGE OF SKILL LEVELS. THE NAA ALSO OFFERS FREE CLASSES TO UNDERSERVED POPULATIONS IN OUR COMMUNITY WHO WANT ART EXPERIENCES FOR THEIR PARTICIPANTS AS PART OF A BALANCED LIFESTYLE THAT PROMOTES HEALTHY LIVING.
EXHIBITIONS: AS THE COMMUNITY'S ART CENTER, THE NAA OFFERS AN ANNUAL SCHEDULE OF ROTATING ART EXHIBITIONS FEATURING EMERGING AND ESTABLISHED ARTISTS, AS WELL AS WORLD RENOWNED ARTISTS. WITH A SMALL ADMISSIONS FEE, OVER 40,000 GUESTS HAVE ATTENDED OUR EXHIBITIONS THIS FISCAL YEAR. AS THE LARGEST VENUE DEDICATED TO SHOWCASING LOCAL ARTWORK, OUR EXHIBITIONS PROVIDE THE PUBLIC THE OPPORTUNITY TO CONNECT WITH THEIR COMMUNITY THROUGH THE ART AND ARTISTS IN SW FLORIDA.
OUTDOOR ART SHOW: ANNUAL ART OUTDOOR SHOWS HOSTED BY THE NAA PROVIDES OVER 70,000 GUESTS ACCESS TO ARTWORK FROM REGIONAL, NATIONAL AND INTERNATIONAL ARTISTS. THESE OUTDOORS SHOWS INCLUDE OUR MEMBERS ONLY ART IN THE PARK, WHICH PROVIDES LOCAL ARTISTS THE OPPORTUNITY TO SELL AND SHOWCASE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Merlin Lickhalter Director / Interim Exec. Dir. | OfficerTrustee | 3 | $20,306 |
Ricki Baker President | OfficerTrustee | 10 | $0 |
Ashlynn Reeder Treasurer | OfficerTrustee | 5 | $0 |
Bob Walpole Immediate Past President | OfficerTrustee | 3 | $0 |
Frank Verpoorten Beg 0121 Executive Director & Chief Curator | Officer | 40 | $0 |
Don Demichele Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $234,456 |
| All other contributions, gifts, grants, and similar amounts not included above | $335,857 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $570,313 |
| Total Program Service Revenue | $660,355 |
| Investment income | $19,384 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$68,326 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,270 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,183,996 |
| 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. | $108,600 |
| Compensation of current officers, directors, key employees. | $15,204 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $281,976 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $53,321 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,750 |
| Fees for services: Other | $24,951 |
| Advertising and promotion | $123,882 |
| Office expenses | $60,381 |
| Information technology | $31,846 |
| Royalties | $0 |
| Occupancy | $165,773 |
| Travel | $285 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,200 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $131,701 |
| Insurance | $32,207 |
| All other expenses | $2,253 |
| Total functional expenses | $1,314,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,309 |
| Savings and temporary cash investments | $792 |
| 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 | $30,142 |
| Prepaid expenses and deferred charges | $30,000 |
| Net Land, buildings, and equipment | $1,991,813 |
| Investments—publicly traded securities | $1,031,993 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,137,049 |
| Accounts payable and accrued expenses | $50,341 |
| Grants payable | $1,102 |
| Deferred revenue | $43,765 |
| 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 | $499,999 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $595,207 |
| Net assets without donor restrictions | $2,541,842 |
| 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 | $3,137,049 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Naples Art Association has recieved totaling $75,880.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Collier County Naples, FL PURPOSE: HEALTH | $40,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $22,750 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $7,550 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $2,777 |
Penniman Family Foundation Charitable Trust Indenture Naples, FL PURPOSE: CHARITABLE | $1,600 |
Organization Name not Listed PURPOSE: PROGRAM SUPPORT | | $1,000 |
Endowment Analysis
| Beg. Balance | $718,263 |
| Earnings | $839 |
| Ending Balance | $719,102 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of The Four Arts Palm Beach, FL | $121,173,909 | $24,597,391 |
Irma And Norman Braman Art Foundation Miami, FL | $27,200,000 | -$200,000 |
Korean Martial Arts Culture & Education Foundation Inc Hollywood, FL | $530,186 | $4,469,417 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Safe States Alliance Atlanta, GA | $855,123 | $2,462,301 |
Miami Broward One Carnival Host Committee Inc Miami, FL | $499,382 | $2,415,530 |
Artsnow Inc Atlanta, GA | $4,742,407 | $2,526,341 |
Dunedin Fine Arts Cultural Center Inc Dunedin, FL | $9,442,187 | $2,311,828 |
Ocean Reef Cultural Center Inc Key Largo, FL | $38,541,149 | $2,233,554 |
Pensacola Retirement Village Inc Orlando, FL | $4,149,191 | $1,797,373 |
Iris & B Gerald Cantor Foundation Palm Beach, FL | $24,280,811 | $1,163,888 |
Spruill Center For The Arts Inc Atlanta, GA | $6,437,897 | $2,168,968 |