Art Students League Of Denver is located in Denver, CO. The organization was established in 1992. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2022, Art Students League Of Denver employed 156 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Art Students League Of Denver 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 08/2022, Art Students League Of Denver generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $2.2m during the year ending 08/2022. While expenses have increased by 3.6% 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
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART COURSES: ASLD FOCUSES ON TEACHING THE FUNDAMENTALS OF THE VISUAL ARTS TO ANYONE INTERESTED IN STUDYING WITH NO REQUIREMENT OF BACKGROUND OR EXPERIENCE. THE TEACHING PHILOSOPHY IS THE ATELIER (MASTER/ APPRENTICE) METHOD. THE IMMERSION APPROACH PROVIDES STUDENTS THE OPPORTUNITY TO WORK SIDE BY SIDE WITH A MASTER ARTIST IN THE STUDIO. WHEN ASLD FIRST OPENED, IT EMPLOYED ONLY A HANDFUL OF ARTISTS WHO TAUGHT FEWER THAN 100 STUDENTS. CURRENTLY WE EMPLOY MORE THAN 100 PROFESSIONAL ARTISTS SERVING APPROXIMATELY 800 STUDENTS PER MONTH. WE OFFER MORE THAN 400 HANDS ON WORKSHOPS, CLASSES, LECTURES AND YOUTH COURSES.
SUMMER ART MARKET: SUMMER ART MARKET (SAM) IS ASLD'S ANNUAL OUTDOOR STREET FAIR, HELD SINCE 1992. THE EVENT SHOWCASES ALMOST 300 LOCAL ARTISTS, ALL OF WHOM ARE PART OF THE ASLD COMMUNITY, AS FACULTY, STUDENTS AND MEMBERS. EACH YEAR, 10,000 PEOPLE ATTEND, COMPRISING A LOYAL BASE OF COLLECTORS, DONORS, SPONSORS AND MEMBERS OF THE PUBLIC. IT HAS WIDELY BEEN CALLED THE BEST ART MARKET IN ALL OF COLORADO. ASLD MAKES NO MONEY FROM THE SALE OF ART, BUT DOES RAISE FUNDS THROUGH BOOTH RENTAL FEES, AND FOOD AND BEVERAGE SALES AT THE EVENT. EXPENSES INCLUDE EVENT PLANNERS, LICENSES, ENTERTAINMENT, SUPPLIES, MARKETING, SECURITY, AND OTHER INFRASTRUCTURE FOR THE EVENT ITSELF.
OTHER PROGRAMS: OVER THE PAST FEW YEARS, ASLD HAS PURSUED PARTNERSHIPS WITH A VARIETY OF COMMUNITY ORGANIZATIONS TO PROVIDE ART EXPERIENCES TO INDIVIDUALS WHO MAY NOT OTHERWISE HAVE THE OPPORTUNITY. SOME OF THESE PARTNERSHIPS INCLUDE THE DENVER PUBLIC LIBRARY, WHERE ASLD FACULTY ARTISTS TEACH HANDS-ON ART WORKSHOPS IN LIBRARIES TO INTERGENERATIONAL AUDIENCES; JEFFERSON COUNTY SCHOOLS, WHERE FACULTY TEACH ART TEACHERS STUDIO TECHNIQUES; AND WITH A VARIETY OF OTHER ART ORGANIZATIONS TO OFFER JOINT PROGRAMMING. REVENUE FOR THESE PROGRAMS COMES FROM A COMBINATION OF GRANTS AND REGISTRATION FEES. EXPENSES INCLUDE WAGES AND SUPPLIES.CONTINUED ON SCHEDULE O.ASLD HOSTS A VARIETY OF EXHIBITIONS AT OUR HISTORIC GRANT STREET BUILDING AND IN PARTNERSHIP WITH VARIOUS CREATIVE SPACES THROUGHOUT THE COMMUNITY. REPRESENTING THE DIVERSITY OF THE THRIVING DENVER ARTS COMMUNITY, OUR EXHIBITIONS ALSO PROVIDE AN OPPORTUNITY TO EXAMINE CURRENT TRENDS AND PURCHASE ORIGINAL FINE ART FROM FACULTY, STUDENTS AND CELEBRATED ARTISTS FROM ACROSS THE U.S.EACH YEAR, THE VISITING ARTIST SERIES BRINGS SEVERAL NOTABLE ARTISTS TO ASLD TO TEACH MASTER CLASSES, WHICH SUPPLEMENT EXISTING ONGOING CLASSES AND WORKSHOPS. THIS EXTRAORDINARY OPPORTUNITY ALLOWS STUDENTS AND ARTISTS FROM THE COMMUNITY TO WORK AND LEARN FROM SOME OF TODAY'S MOST SIGNIFICANT WORKING ARTISTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rachel Basye Executive Director | Officer | 40 | $56,732 |
Deb Rosenbaum Director | Trustee | 1 | $5,307 |
Holly-Kai Hurd Director | Trustee | 1 | $1,667 |
Raj Chaudhuri Director | Trustee | 1 | $816 |
Nancy Walsh President | OfficerTrustee | 3 | $0 |
Harry Utter Secretary | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $101,386 |
Fundraising events | $5,872 |
Related organizations | $0 |
Government grants | $638,396 |
All other contributions, gifts, grants, and similar amounts not included above | $541,555 |
Noncash contributions included in lines 1a–1f | $24,580 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,287,209 |
Total Program Service Revenue | $1,265,215 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$264,197 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,289,374 |
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. | $149,563 |
Compensation of current officers, directors, key employees. | $44,869 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,023,849 |
Pension plan accruals and contributions | $10,174 |
Other employee benefits | $44,364 |
Payroll taxes | $98,136 |
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 | $141,353 |
Advertising and promotion | $14,890 |
Office expenses | $29,758 |
Information technology | $28,533 |
Royalties | $0 |
Occupancy | $67,257 |
Travel | $25,587 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $41,936 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $100,742 |
Insurance | $0 |
All other expenses | $61,929 |
Total functional expenses | $2,175,956 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $403,838 |
Savings and temporary cash investments | $616,185 |
Pledges and grants receivable | $10,500 |
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 | $30,111 |
Net Land, buildings, and equipment | $845,353 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $244,062 |
Total assets | $2,150,049 |
Accounts payable and accrued expenses | $146,912 |
Grants payable | $0 |
Deferred revenue | $120,419 |
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 | $150,000 |
Total liabilities | $417,331 |
Net assets without donor restrictions | $1,488,611 |
Net assets with donor restrictions | $244,107 |
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 | $2,150,049 |
Over the last fiscal year, we have identified 1 grants that Art Students League Of Denver has recieved totaling $15,000.
Awarding Organization | Amount |
---|---|
Gates Family Foundation Denver, CO PURPOSE: PROJECT SUPPORT | $15,000 |
Beg. Balance | $41,168 |
Earnings | -$7,461 |
Net Contributions | $26,780 |
Ending Balance | $60,487 |
Organization Name | Assets | Revenue |
---|---|---|
Anderson Ranch Arts Foundation Snowmass Village, CO | $19,349,000 | $7,444,141 |
Fab Lab Tulsa Inc Tulsa, OK | $905,994 | $2,260,190 |
Foundation For Lincoln Public Schools Lincoln, NE | $17,002,214 | $4,527,343 |
Art Students League Of Denver Denver, CO | $2,150,049 | $2,289,374 |
Tara Institute Of The Performing Arts Incorporated Boulder, CO | $2,762,734 | $2,020,459 |
Kimball Art Center Park City, UT | $7,426,546 | $2,347,977 |
Santa Fe School For The Arts Santa Fe, NM | $4,340,717 | $1,902,890 |
Oklahoma Arts Institute Oklahoma City, OK | $2,532,394 | $1,383,952 |
Ah Haa School For The Arts Telluride, CO | $12,435,871 | $2,343,816 |
Scottsdale Artists School Inc Scottsdale, AZ | $3,858,477 | $2,545,960 |
Act One Phoenix, AZ | $1,556,445 | $1,427,696 |
Friends Of The Denver School Of The Arts Denver, CO | $562,706 | $840,034 |