Coconut Grove Arts & Historical
- Assets
- $1.1m
- Revenue
- $2.4m
- Investments
- $49.2k
- Employees
- 3
- Location
- Coconut Grove, FL
- Founding
- 10/1991
- Data as of
- 06/2022
- EIN
- 59-1652630
Organization Overview
Coconut Grove Arts & Historical is located in Coconut Grove, FL. The organization was established in 1991. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Coconut Grove Arts & Historical employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coconut Grove Arts & Historical 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, Coconut Grove Arts & Historical generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. While expenses have increased by 3.8% 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
TO PROMOTE THE ARTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORSHIP AND ORGANIZATION OF THE COCONUT GROVE ARTS FESTIVAL
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 |
|---|---|---|---|
Montgomery Trainer President/ CEO | Officer | 40 | $50,000 |
Daniel Eggland Treasurer | OfficerTrustee | 0 | $0 |
Nathan R Kurland Director | OfficerTrustee | 0 | $0 |
Michelle Barton-King Chairwoman | OfficerTrustee | 0 | $0 |
Pam Mayer Secretary | OfficerTrustee | 0 | $0 |
Benedict Kuehne Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $144,321 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,321 |
| Total Program Service Revenue | $2,190,946 |
| Investment income | $12,145 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $43,534 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,390,946 |
| 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. | $50,000 |
| Compensation of current officers, directors, key employees. | $50,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,955 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,387 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50,833 |
| Advertising and promotion | $7,250 |
| Office expenses | $44,384 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $329,217 |
| Travel | $3,038 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $354 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $957 |
| Insurance | $3,796 |
| All other expenses | $458,880 |
| Total functional expenses | $2,202,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $411,433 |
| Savings and temporary cash investments | $77,116 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,000 |
| 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 | $1,112 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $562,596 |
| Investments—other securities | $49,180 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,000 |
| Total assets | $1,112,437 |
| Accounts payable and accrued expenses | $46,753 |
| 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 | $46,753 |
| Net assets without donor restrictions | $1,065,684 |
| 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 | $1,112,437 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Coconut Grove Arts & Historical has recieved totaling $44,143.
| Awarding Organization | Amount |
|---|---|
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $44,143 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cultural Council Of Palm Beach County Inc Lake Worth Beach, FL | $4,793,143 | $4,742,344 |
Cultural Council Of Greater Jacksonville Inc Jacksonville, FL | $577,068 | $3,572,819 |
Cultural Arts Alliance Of Walton County Inc Santa Rosa Beach, FL | $1,589,412 | $4,021,935 |
Center For The Arts Of Bonita Springs Inc Bonita Springs, FL | $7,207,342 | $3,360,058 |
Center For Creative Education West Palm Beach, FL | $14,885,333 | $5,252,412 |
Arts Council Inc Huntsville, AL | $1,324,347 | $2,576,236 |
Coconut Grove Arts & Historical Coconut Grove, FL | $1,112,437 | $2,390,946 |
Alabama Humanities Foundation Birmingham, AL | $1,112,119 | $1,988,298 |
Metropolitan Arts Council Birmingham, AL | $4,072,987 | $1,705,369 |
Lee County Alliance Of The Arts Inc Fort Myers, FL | $4,890,269 | $1,232,249 |
Ocean Reef Art League Inc Key Largo, FL | $10,228,516 | $1,258,046 |
Greater Augusta Arts Council Inc Augusta, GA | $394,286 | $813,161 |