Riverside Fine Arts Association Inc is located in Jacksonville, FL. The organization was established in 1996. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 05/2017, Riverside Fine Arts Association Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverside Fine Arts Association 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 05/2018, Riverside Fine Arts Association Inc generated $117.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $152.5k during the year ending 05/2018. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 4 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
RIVERSIDE FINE ARTS SEEKS TO ENRICH AND INSPIRE OUR COMMUNITY AND ITS SCHOOLS THROUGH THE SHARED EXPERIENCE OF LIVE MUSIC AND VISUAL ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RIVERSIDE FINE ARTS ASSOCIATION SPONSORS A FINE ARTS SERIES IN JACKSONVILLE, FLORIDA THAT INCLUDED SEVEN MUSICAL PRODUCTIONS IN 2016/17. ADDITIONALLY, PERFORMANCES ARE HELD IN SCHOOLS THROUGH PROJECT LISTEN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Layne Thompson Payne Executive Di | Officer | 40 | $49,435 |
Glenna M Viega President | OfficerTrustee | 4 | $0 |
Linda Cooper Secretary | OfficerTrustee | 2 | $0 |
Dr Ross Krueger Treasurer | OfficerTrustee | 4 | $0 |
Edmund Akers Director | Trustee | 2 | $0 |
Mary Biggs Knauer Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $87,636 |
Investment income | $4 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $9,921 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $117,420 |
Statement of Expenses | |
---|---|
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. | $45,833 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $22,857 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,354 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $14,575 |
Office expenses | $7,763 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $4,200 |
Travel | $0 |
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 | $0 |
Insurance | $1,198 |
All other expenses | $0 |
Total functional expenses | $152,496 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,339 |
Savings and temporary cash investments | $0 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,338 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $1,203 |
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 | $1,203 |
Net assets without donor restrictions | $2,339 |
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 |
Total liabilities and net assets/fund balances | $3,136 |
Over the last fiscal year, we have identified 1 grants that Riverside Fine Arts Association Inc has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
---|---|---|
Gasparilla Music Foundation Inc Tampa, FL | $1,064,591 | $5,545,638 |
Latin Grammy Cultural Foundation Doral, FL | $2,673,582 | $2,064,873 |
Florida West Coast Symphony Inc Endowment Tr Sarasota, FL | $31,410,388 | $1,333,679 |
Clearwater Jazz Holiday Foundation Inc Clearwater, FL | $1,252,742 | $1,598,944 |
Nu Deco Ensemble Inc Miami, FL | $264,007 | $1,216,119 |
Bach Festival Society Of Winter Park Winter Park, FL | $4,981,220 | $1,213,306 |
Community Arts Association In Newton County Inc Covington, GA | $760,838 | $850,953 |
Young Musicians Unite Inc Miami, FL | $743,271 | $986,222 |
Florida Smooth Jazz Foundation Inc Daytona Beach, FL | $674,500 | $806,903 |
Southwest Florida Symphony Orchestra And Chorus Association I Fort Myers, FL | $2,643,813 | $756,553 |
American Federation Of Musicians Of The Us & Canada Atlanta, GA | $1,564,619 | $594,918 |
Chamber Music Society Of Palm Beach Inc Palm Beach, FL | $369,109 | $714,588 |