Arts & Cultural Alliance Of Sarasota County Inc
- Assets
- $942.9k
- Revenue
- $454.1k
- Investments
- $369.9k
- Employees
- 2
- Location
- Sarasota, FL
- Founding
- 11/1986
- Data as of
- 09/2022
- EIN
- 59-2710755
Organization Overview
Arts & Cultural Alliance Of Sarasota County Inc is located in Sarasota, FL. The organization was established in 1986. 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 09/2023, Arts & Cultural Alliance Of Sarasota County Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts & Cultural Alliance Of Sarasota County 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 09/2022, Arts & Cultural Alliance Of Sarasota County Inc generated $454.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $444.4k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 7 years. 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
THE ALLIANCE ADVOCATES FOR THE ARTS AND CULTURE IN THE COMMUNITY OF SARASOTA COUNTY, FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TDC GRANT PROGRAM - THE ALLIANCE HELPS GENERATE FUNDING FOR THE ARTS.
DCA FUNDED GRANT THE ALLIANCE PROVIDES PROGRAMMING AND SUPPORT FOR THE ARTS AND CULTURE THROUGHOUT THE REGION.
PATRIOT PLAZA GUIDES PROGRAM - THE ALLIANCE PROVIDES TRAINING AND HELPS ORGANIZE GUIDES FOR PATRIOT PLAZA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Hersh Executive Di | 40 | $41,802 | |
Jim Shirley Former Exec | 40 | $19,224 | |
Mary Bensel Director | Trustee | 1 | $0 |
Michael Crosby Director | Trustee | 1 | $0 |
Linda Digabriele Vice Preside | OfficerTrustee | 1 | $0 |
Dean Eisner Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $27,720 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $274,267 |
| All other contributions, gifts, grants, and similar amounts not included above | $72,831 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $374,818 |
| Total Program Service Revenue | $63,546 |
| Investment income | $1,061 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $14,657 |
| 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 | $454,082 |
| 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. | $76,897 |
| Compensation of current officers, directors, key employees. | $9,228 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,969 |
| Payroll taxes | $12,620 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,638 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,200 |
| Advertising and promotion | $4,020 |
| Office expenses | $2,922 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,882 |
| Interest | $6,445 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,882 |
| Insurance | $7,545 |
| All other expenses | $19,175 |
| Total functional expenses | $444,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $145,614 |
| Pledges and grants receivable | $28,394 |
| Accounts receivable, net | $20,122 |
| 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 | $3,756 |
| Net Land, buildings, and equipment | $374,540 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $369,934 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $495 |
| Total assets | $942,855 |
| Accounts payable and accrued expenses | $11,142 |
| Grants payable | $0 |
| Deferred revenue | $2,250 |
| 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 | $186,629 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $80,239 |
| Total liabilities | $280,260 |
| Net assets without donor restrictions | $575,764 |
| Net assets with donor restrictions | $86,831 |
| 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 | $942,855 |