Center For The Arts Of Bonita Springs Inc
- Assets
- $7.2m
- Revenue
- $3.4m
- Investments
- $390.0k
- Employees
- 33
- Location
- Bonita Springs, FL
- Founding
- 05/1992
- Data as of
- 05/2022
- EIN
- 65-0295085
Organization Overview
Center For The Arts Of Bonita Springs Inc is located in Bonita Springs, FL. The organization was established in 1992. 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 05/2022, Center For The Arts Of Bonita Springs Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For The Arts Of Bonita Springs 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 05/2022, Center For The Arts Of Bonita Springs Inc generated $3.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $2.7m during the year ending 05/2022. While expenses have increased by 1.5% 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
THE CENTER FOR THE ARTS OF BONITA SPRINGS IS COMMITTED TO ENRICHING THE CULTURE OF OUR DIVERSE COMMUNITY BY PROVIDING OPPORTUNITIES FOR ARTISTIC EXPRESSION, EDUCATION AND APPRECIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT EDUCATION: THE CENTER FOR THE ARTS OF BONITA SPRINGS SIX STUDIOS PROVIDE OPPORTUNITIES TO EXPLORE MEDIUMS LIKE PAINTING, COLLAGE, CLAY SCULPTURE, GLASS AND POTTERY, AS WELL AS PHOTOGRAPHY, PRINT MAKING AND COMPUTER ARTS IN CLASSES, WORKSHOPS AND MINICLASSES. FOR THOSE WHO WISH TO OBSERVE ART, RATHER THAN CREATE IT, THE CENTER FOR THE ARTS OFFERS ART APPRECIATION CLASSES, LECTURES, BUS TOURS AND VISITING ARTIST DEMONSTRATIONS.
CHILDRENS EDUCATION: THE CENTER FOR THE ARTS PROVIDES A WIDE SELECTION OF COURSES IN THEATER, DANCE AND VISUAL ARTS FOR ALL AGES THROUGHOUT THE YEAR. THE CENTER FOR THE ARTS OFFERED AWARDS OF $50,281 IN SCHOLARSHIPS TO LOCAL YOUTH.
ART FESTIVAL: EACH YEAR THE CENTER FOR THE ARTS PRESENTS THREE FINE ARTS/FINE CRAFTS FESTIVALS IN BONITA SPRINGS. ARTWORK OF ABOUT 200 NATIONAL AND INTERNATIONAL ARTISTS ARE ON DISPLAY FOR PURCHASE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Bridges President | Officer | 40 | $129,185 |
Fred Weinman Vice Chairdirector | OfficerTrustee | 1 | $0 |
Amy Russian Secretarydirector | OfficerTrustee | 1 | $0 |
Patt Suwyn Chairwomandirector | OfficerTrustee | 1 | $0 |
Carol Osterhout Treasurerdirector | OfficerTrustee | 1 | $0 |
Susan Reynolds Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $170,671 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $982,464 |
| All other contributions, gifts, grants, and similar amounts not included above | $829,141 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,982,276 |
| Total Program Service Revenue | $1,342,805 |
| Investment income | $1,642 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$9,958 |
| Net Income from Fundraising Events | $43,293 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,360,058 |
| 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. | $150,055 |
| Compensation of current officers, directors, key employees. | $37,621 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $783,136 |
| Pension plan accruals and contributions | $10,836 |
| Other employee benefits | $56,843 |
| Payroll taxes | $74,988 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $432,358 |
| Advertising and promotion | $129,246 |
| Office expenses | $88,146 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $211,419 |
| Insurance | $42,095 |
| All other expenses | $39,817 |
| Total functional expenses | $2,701,582 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,002 |
| Savings and temporary cash investments | $1,162,480 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $408 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,325 |
| Prepaid expenses and deferred charges | $40,701 |
| Net Land, buildings, and equipment | $5,493,416 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $390,010 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,207,342 |
| Accounts payable and accrued expenses | $104,450 |
| Grants payable | $0 |
| Deferred revenue | $258,090 |
| 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 | $71,824 |
| Total liabilities | $434,364 |
| Net assets without donor restrictions | $6,128,932 |
| Net assets with donor restrictions | $644,046 |
| 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 | $7,207,342 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Center For The Arts Of Bonita Springs Inc has recieved totaling $105,388.
| Awarding Organization | Amount |
|---|---|
The Hinman Family Foundation Bonita Springs, FL PURPOSE: GENERAL | $80,000 |
Suwyn Family Foundation Bonita Springs, FL PURPOSE: COMMUNITY ART PROGRAMS | $7,000 |
Bebe And Bob Otoole Foundation Bonita Springs, FL PURPOSE: GENERAL CHARITABLE | $6,000 |
Darald And Julie Libby Foundation Naples, FL PURPOSE: CHARITABLE | $3,000 |
Charles R And Nancy L Charitable Foundation Pleasant Valley, IA PURPOSE: GENERAL FUND | $3,000 |
William E Cross Foundation Inc Frederick, MD PURPOSE: FOR PROGRAM SERVICES | $2,000 |
Endowment Analysis
| Beg. Balance | $750,129 |
| Net Contributions | $201,331 |
| Ending Balance | $951,460 |
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 |