Society Of Bluffton Artists Inc is located in Bluffton, SC. The organization was established in 2002. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of Bluffton Artists 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 08/2024, Society Of Bluffton Artists Inc generated $287.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $256.6k during the year ending 08/2024. While expenses have increased by 10.2% per year over the past 4 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING THE ARTS IN THE COMMUNITY. TEACHING ART TO CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING THE ARTS IN THE COMMUNITY. TEACHING ART TO CHILDREN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary Ann Burgeson Principal & | Officer | 15 | $0 |
Karen Richards Vice Preside | Officer | 8 | $0 |
Jeanne Franisco Secretary & | Officer | 8 | $0 |
John Kenney Treasurer & | Officer | 4 | $0 |
Lin Hilts Director | Trustee | 1 | $0 |
Pat Diemand Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $25,624 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $75,973 |
All other contributions, gifts, grants, and similar amounts not included above | $183,801 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $285,398 |
Total Program Service Revenue | $0 |
Investment income | $2,204 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $287,602 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,875 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $7,468 |
Advertising and promotion | $25,159 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $43,098 |
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 | $2,657 |
Insurance | $1,372 |
All other expenses | $28,087 |
Total functional expenses | $256,573 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $21,985 |
Savings and temporary cash investments | $122,565 |
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 |
Net Land, buildings, and equipment | $24,982 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $169,532 |
Accounts payable and accrued expenses | $43 |
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 | $1,721 |
Total liabilities | $1,764 |
Net assets without donor restrictions | $167,768 |
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 | $169,532 |