Art Students League Of Denver

Organization Overview

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.

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.


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Board, Officers & Key Employees

Name (title)Compensation
Rachel Basye
Executive Director
$56,732
Deb Rosenbaum
Director
$5,307
Holly-Kai Hurd
Director
$1,667
Raj Chaudhuri
Director
$816
Nancy Walsh
President
$0
Harry Utter
Secretary
$0

Financial Statements

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

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Art Students League Of Denver has recieved totaling $15,000.

Awarding OrganizationAmount
Gates Family Foundation

Denver, CO

PURPOSE: PROJECT SUPPORT

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$41,168
Earnings-$7,461
Net Contributions$26,780
Ending Balance$60,487

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