Developing Artist Collaboration
- Assets
- $133.5k
- Revenue
- $447.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Rehoboth Beach, DE
- Founding
- 02/2018
- Data as of
- 12/2023
- EIN
- 82-1214176
Organization Overview
Developing Artist Collaboration is located in Rehoboth Beach, DE. The organization was established in 2018. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Developing Artist Collaboration 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 12/2023, Developing Artist Collaboration generated $447.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 50.1% each year . All expenses for the organization totaled $342.0k during the year ending 12/2023. While expenses have increased by 39.8% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO TRANSFORM COMMUNITIES BY ELEVATING ARTISTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR ARTIST WORKFORCE DEVELOPMENT PROGRAM FOCUSES ON PROFESSIONAL RESOURCES, CREATION SPACE, CONNECTION, AND INNOVATIVE PRESENTATION OPPORTUNITIES FOR OUR ARTISTS. A MAJOR INITIATIVE OF ARTIST DEVELOPMENT WAS FORMALLY THE CREATIVE CAREER SUPPORT PROGRAM (CCSP) WHICH HAS NOW BEEN REBRANDED INTO "EMERGE - CAREER TOOLS FOR THE MODERN ARTIST". UTILIZING OUR DIGITAL PLATFORM, EMERGE IS AN ON-DEMAND WORKSHOP WHICH HAS PROFESSIONAL VIDEOS AND WORKBOOKS THAT ARTISTS CAN ACCESS BOTH FREE AND PAID FOR. WE OFFER GROUP AND ONE-ON-ONE COACHING. EMERGE CONSISTS OF THREE VERTICALS WHICH COVER; 1. ARTIST MINDSET, 2. BUSINESS TOOLS FOR CREATIVES, 3. MARKETING & BRANDING. WE HAVE SUCCESSFULLY LAUNCHED THE FIRST VERTICAL (ARTIST MINDSET), AND INTEND TO DEVELOP THE OTHER TWO THROUGH 2025.-WE HAVE GROWN FROM ROUGHLY 500 ARTIST MEMBERS JANUARY 2023 TO 700 BY DECEMBER 31, 2023. OTHER ASPECTS OF ARTIST DEVELOPMENT INCLUDE:-CONTINUED DEVELOPMENT OF AN ARTIST PORTAL, WHICH WILL EVOLVE INTO AN APP TO CONNECT ARTISTS WITH THEIR PEERS, POTENTIAL CLIENTS, AND DAC EVENTS AND SERVICE OFFERINGS.-LOCAL ARTIST GROUPS RUN BY OUR VISIONARY ARTIST COMMITTEE MEMBERS TO ENGAGE LOCAL ARTISTS IN ACTIVITIES AS WELL AS MONTHLY ARTIST MIXERS. -WEST SIDE CREATIVE MARKET WHICH IS OUR OPEN-AIR PUBLIC ART MARKET OFFERING A CONSISTENT SHOWCASE OPPORTUNITY FOR LOCAL ARTISTS TO SELL THEIR ARTWORK DURING THE SUMMER MONTHS TWICE A WEEK. -STUDIO AND COMMUNAL SPACES. OUR CURRENT FACILITY, "THE STUDIOS", HOUSES SIXTEEN ART STUDIOS THAT ARE ALL CURRENTLY RENTED WHICH ALSO OFFERS PRINT SERVICES TO ARTISTS.
OUR DIY (DO-IT-YOURSELF) ART PROGRAM OFFERS HANDS-ON CREATIVE ACTIVITIES IN OUR PUBLIC ART SPACE AS WELL AS THE PUBLIC EVENTS. WE OFFER ACRYLIC POUR EXPERIENCES AS A REVENUE DRIVER FOR OUR PROGRAMMING. OUR "ARTPOTHECARY" SPACE FACILITATES THE ACRYLIC POUR EXPERIENCE IN ADDITION TO HOSTING INDEPENDENT ARTIST-LED WORKSHOPS CREATING INCOME STREAMS FOR ARTIST MEMBERS WE SERVE. WE EMPLOY OUR ARTIST MEMBERS IN THIS PROGRAM.
ARTREACH IS DAC'S COMMUNITY DEVELOPMENT AND BEAUTIFICATION INITIATIVE. DAC IS FOUNDED ON THE BELIEF THAT THROUGH SKILLED VOLUNTEERING, ARTISTS CAN MAKE IMPACTFUL CHANGE. OUR CURRENT ARTREACH PROJECT IS THE WEST REHOBOTH HISTORICAL MURAL WHICH WAS COMPLETED IN SPRING 2023. MURAL ARTIST, TERRANCE VANN, IS FROM WEST REHOBOTH. WEST REHOBOTH HAS A RICH CULTURAL HISTORY THAT IS OVERSHADOWED BY A HARMFUL STIGMA ASSOCIATED WITH THE STRUGGLES OF ITS COMMUNITY MEMBERS. THROUGH THE CREATION OF AN EDUCATIONAL MURAL AND HISTORICAL MARKERS, THIS PROJECT WILL HELP REMOVE STIGMA AND CULTIVATE A BETTER UNDERSTANDING OF THE IMPORTANCE OF WEST REHOBOTH TO THE GREATER DELAWARE BEACH AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leah Beach Founder | Trustee | 30 | $32,000 |
Kerry Hallett From 1123 Trustee | Trustee | 5 | $1,663 |
Heidi Lowe President | OfficerTrustee | 5 | $0 |
Joseph Garner Treasurer | OfficerTrustee | 5 | $0 |
Anna Short Fagan To 0423 Secretary | OfficerTrustee | 5 | $0 |
Adam Newman To 0623 Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $37,032 |
| Related organizations | $0 |
| Government grants | $82,285 |
| All other contributions, gifts, grants, and similar amounts not included above | $173,742 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $293,059 |
| Total Program Service Revenue | $4,659 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $36,716 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $56,566 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $54,523 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $447,749 |
| 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. | $78,663 |
| Compensation of current officers, directors, key employees. | $77,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,035 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,037 |
| Fees for services: Accounting | $5,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,814 |
| Advertising and promotion | $13,408 |
| Office expenses | $58,536 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $74,421 |
| Travel | $1,311 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,742 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,899 |
| Insurance | $4,954 |
| All other expenses | $0 |
| Total functional expenses | $342,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,895 |
| 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 |
| Net Land, buildings, and equipment | $28,640 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $133,535 |
| Accounts payable and accrued expenses | $23,581 |
| 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 | $3,493 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $76,041 |
| Total liabilities | $103,115 |
| Net assets without donor restrictions | $30,420 |
| 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 | $133,535 |