Fremont Center For The Arts
- Assets
- $335.4k
- Revenue
- $159.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Canon City, CO
- Founding
- 10/1980
- Data as of
- 12/2023
- EIN
- 84-0729947
Organization Overview
Fremont Center For The Arts is located in Canon City, CO. The organization was established in 1980. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Fremont Center For The Arts employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fremont Center For The Arts 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, Fremont Center For The Arts generated $159.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $208.6k during the year ending 12/2023. While expenses have increased by 12.4% per year over the past 9 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
FOSTER AND ENRICH THE CULTURAL AND ECONOMIC HEALTH OF THE GREATER FREMONT COUNTY REGION THROUGH PARTNERSHIPS, PRESENTATIONS, EDUCATION AND PRESERVATION OF THE ARTS FOR PRESENT AND FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VISUAL ARTS: NEW EXHIBITS. A TOTAL OF OVER 4,000 PEOPLE ATTEND THESE EVENTS. COMMUNITY ARTISTS ARE GIVEN THE CHANCE TO SELL THEIR ART, TALK WITH POTENTIAL PURCHASERS, AND TO PARTICIPATE IN A JUDGED EVENT. ADDITIONAL EXHIBITS INCLUDE, ART THE HARD WAY (A PRISON ART EXHIBIT) AND FREMONT COUNTY SCHOOLS ART EXHIBIT.
GENERAL OPERATIONS FOR FURTHERING ARTS EDUCATION AND CULTURE.
EDUCATION: CLASSES IN ART ARE PROVIDED FOR ADULTS AND CHILDREN. DURING THE YEAR WE PROVIDED ART CLASSES FOR HOME-SCHOOLED STUDENTS CALLED CREATIVE KIDS. OTHER CLASSES INCLUDE PAINTING WINE GLASSES, MARBLED CLAY JEWELRY, CERAMICS, WIRE WRAPPED JEWELRY, FAIRY GARDENS, WATERCOLORS, GLASS CASTING, POTTERY, OIL PASTELS, INKS, AND SEASONAL.
COMMUNITY OUTREACH EVENTS, INCLUDING PUMPKINS ON THE PLAZA AND CLUSTERDUCK, WHICH GAVE SUPPORT TO OTHER LOCAL ORGANIZATIONS WITHIN THE COMMUNITY AND BROUGHT VISIBILITY AND AWARENESS TO FREMONT CENTER FOR THE ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
India Beach Arts Director | Officer | 40 | $29,015 |
Bobby Farris Executive Director | Officer | 40 | $13,884 |
Cathy Finney President | Trustee | 20 | $0 |
Dennis Podzemny Vice President | Trustee | 10 | $0 |
Haley Henrickson Treasurer | Trustee | 10 | $0 |
Kevin Mahmalji Secretary | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,713 |
| Fundraising events | $7,958 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,448 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,119 |
| Total Program Service Revenue | $20,614 |
| Investment income | $22,088 |
| 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 | $60,980 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $159,801 |
| 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. | $106,126 |
| 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 | $8,119 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,948 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $930 |
| Advertising and promotion | $4,368 |
| Office expenses | $24,303 |
| Information technology | $599 |
| Royalties | $0 |
| Occupancy | $28,178 |
| Travel | $268 |
| 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 | $3,483 |
| Insurance | $4,144 |
| All other expenses | $0 |
| Total functional expenses | $208,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,477 |
| Savings and temporary cash investments | $193,002 |
| 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 | $2,863 |
| Net Land, buildings, and equipment | $12,034 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $100,000 |
| Total assets | $335,376 |
| Accounts payable and accrued expenses | $0 |
| 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 | $4,735 |
| Total liabilities | $4,735 |
| Net assets without donor restrictions | $0 |
| 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 | $330,641 |
| Total liabilities and net assets/fund balances | $335,376 |