Gadsden Arts Inc
- Assets
- $3.3m
- Revenue
- $583.6k
- Investments
- $0.0
- Employees
- 12
- Location
- Quincy, FL
- Founding
- 07/1994
- Data as of
- 12/2020
- EIN
- 59-3247747
Organization Overview
Gadsden Arts Inc, operating under the name Gadsden Arts Center & Museum, is located in Quincy, FL. The organization was established in 1994. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Gadsden Arts Center & Museum employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gadsden Arts Center & Museum 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 12/2020, Gadsden Arts Center & Museum generated $583.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $607.0k during the year ending 12/2020. While expenses have increased by 4.5% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GADSDEN ARTS CENTER & MUSEUM IS NATIONALLY ACCREDITED BY THE AMERICAN ALLIANCE OF MUSEUMS. IT ATTRACTS 18,000+ PARTICIPANTS ANNUALLY FOR EXHIBITIONS, EDUCATION PROGRAMS, CULTURAL ENRICHMENT, AND SOCIAL EVENTS. POSITIVE IMPACTS OF GADSDEN ARTS INCLUDE TOURISM AND ECONOMIC DEVELOPMENT, DOWNTOWN REVITALIZATION, PROMOTION OF OUR REGION'S ARTISTIC TALENT, EDUCATIONAL, SOCIAL, AND PHILANTHROPIC OPPORTUNITIES. THE MUSEUM IS WIDELY RECOGNIZED FOR ITS QUALITY EXHIBITIONS, HISTORIC BUILDING AND SETTING, WIDE-REACHING EDUCATION PROGRAMS, AND PROFESSIONAL STAFF.
THE GADSDEN ARTS CENTER & MUSEUM IS NATIONALLY ACCREDITED, IT IS UNIQUELY QUALIFIED TO HOST MAJOR EXHIBITIONS WITH RICH HISTORICAL AND CULTURAL CONTENT. THESE EXHIBITIONS BRING CENTURIES OF HUMAN EXPERIENCE AND CULTURE TO OUR REGION, OFFERING EDUCATIONAL AND ENRICHING EXPERIENCES FOR PEOPLE OF ALL AGES. GADSDEN ARTS ALSO HOSTS EXHIBITIONS OF LOCAL AND REGIONAL ART, PROMOTING CURRENT CREATIVE PRODUCTION AND CONTEMPORARY CULTURE. 15+ EXHIBITIONS EACH YEAR, PRESENTED WITH ASSOCIATED PROGRAMS AND EVENTS, DRIVE TOURISM AND DOWNTOWN REVITALIZATION FOR QUINCY AND GADSDEN COUNTY.
THE GADSDEN ARTS CENTER & MUSEUM IS THE MAIN PROVIDER OF ART EDUCATION IN GADSDEN COUNTY, FLORIDA, BRINGING ART-MAKING AND INTERPRETIVE LEARNING EXPERIENCES TO EVERYONE, FROM YOUNG CHILDREN THROUGH COLLEGE STUDENTS, ADULTS, SENIOR CITIZENS. EDUCATIONAL EXPERIENCES WITH ART ARE FUN, AND ARE SHOWN TO IMPROVE SELF-ESTEEM, BOOST ACADEMIC PERFORMANCE, COMBAT ANXIETY AND DEPRESSION, AND BRING PEOPLE TOGETHER. YEAR-ROUND PROGRAMS ARE OFFERED AT THE MUSEUM IN STUDIOS AND GALLERIES, IN SCHOOLS, AT PARTNERS' SITES, ONLINE, AND AT HOME, DESIGNED TO IMPROVE QUALITY OF LIFE FOR EVERYONE THROUGH ART.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grace Robinson Executive Director | Officer | 40 | $86,694 |
Dianne Croley President | OfficerTrustee | 1 | $0 |
Terry Hawkins Past President | OfficerTrustee | 1 | $0 |
Leigh Watson Healy Vice-President | OfficerTrustee | 1 | $0 |
Pam Butler Treasurer | OfficerTrustee | 1 | $0 |
Jimmy Nicholson Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $33,887 |
| Fundraising events | $4,740 |
| Related organizations | $0 |
| Government grants | $82,343 |
| All other contributions, gifts, grants, and similar amounts not included above | $339,834 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $460,804 |
| Total Program Service Revenue | $73,258 |
| Investment income | $19,003 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $580 |
| Net Gain/Loss on Asset Sales | -$37,477 |
| Net Income from Fundraising Events | $9,461 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,347 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $583,615 |
| 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. | $81,230 |
| Compensation of current officers, directors, key employees. | $4,062 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $154,621 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,385 |
| Payroll taxes | $18,104 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,335 |
| Fees for services: Accounting | $23,001 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,672 |
| Fees for services: Other | $16,593 |
| Advertising and promotion | $12,337 |
| Office expenses | $28,111 |
| Information technology | $9,902 |
| Royalties | $0 |
| Occupancy | $30,863 |
| Travel | $535 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $51,555 |
| Insurance | $16,736 |
| All other expenses | $4,331 |
| Total functional expenses | $607,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $269,430 |
| Savings and temporary cash investments | $114,868 |
| Pledges and grants receivable | $119,486 |
| Accounts receivable, net | -$107 |
| 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 | $5,210 |
| Net Land, buildings, and equipment | $1,199,147 |
| Investments—publicly traded securities | $627,095 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $974,092 |
| Total assets | $3,309,221 |
| Accounts payable and accrued expenses | $115,724 |
| 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 | $115,724 |
| Net assets without donor restrictions | $2,308,256 |
| Net assets with donor restrictions | $885,241 |
| 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 | $3,309,221 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Gadsden Arts Inc has recieved totaling $32,665.
| Awarding Organization | Amount |
|---|---|
Cornelia T Bailey Charitable Trust West Palm Beach, FL PURPOSE: ART FOR CHILDREN | $25,000 |
Community Foundation Of North Florida Inc Tallahassee, FL PURPOSE: GENERAL SUPPORT, IMPACT FUND, & GENERATOR | $6,350 |
Capital City Bank Group Foundation Inc Tallahassee, FL PURPOSE: ARTS | $1,150 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $165 |
Endowment Analysis
| Beg. Balance | $861,924 |
| Earnings | $120,349 |
| Admin Expense | $8,963 |
| Net Contributions | $57,430 |
| Other Expense | $36,778 |
| Ending Balance | $993,962 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Arts Inc Atlanta, GA | $7,711,292 | $5,611,811 |
Central Florida Community Arts Inc Orlando, FL | $1,775,519 | $1,587,078 |
Acorn Center For Restoration And Freedom Inc Covington, GA | $134,681 | $1,087,049 |
South Fulton Institute Inc Atlanta, GA | $1,909,108 | $891,815 |
St Petersburg Warehouse Arts District Inc Saint Petersburg, FL | $4,246,537 | $1,210,830 |
El Espacio 23 Inc Miami, FL | $6,319,448 | $659,257 |
Gadsden Arts Inc Quincy, FL | $3,309,221 | $583,615 |
Repurpose Project Gainesville, FL | $1,065,562 | $834,868 |
Artfest Fort Myers Inc Fort Myers, FL | $264,384 | $469,990 |
Handweavers Guild Of America Inc Atlanta, GA | $1,090,447 | $477,241 |
Hub On Canal Inc New Smyrna Beach, FL | $1,198,178 | $493,305 |
Cisneros Fontanals Foundation For The Arts Miami, FL | $7,132 | $430,753 |