Shapin-Nicolas Art Project Foundation Inc
- Assets
- $569.4k
- Revenue
- $358.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- Data as of
- 12/2021
- EIN
- 85-2835687
Organization Overview
Shapin-Nicolas Art Project Foundation Inc is located in Louisville, KY. According to its NTEE Classification (A51) the organization is classified as: Art Museums, 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. Shapin-Nicolas Art Project Foundation 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 12/2021, Shapin-Nicolas Art Project Foundation Inc generated $358.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 30.4% each year .
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO CONSTRUCT, MANAGE AND OPERATE A MUSEUM AND GALLERY OF ART.
PROMOTE EDUCATION IN THE FIELD OF ART.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Shapin Director | 1 | $0 | |
Dick Wilson Director | 1 | $0 | |
Jed Hayden Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $358,656 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $358,656 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $76 |
| Total operating and administrative expenses | $76 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $76 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,319 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $566,094 |
| Other assets | $0 |
| Total assets | $569,413 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John Huntington Art & Polytechnic Tr Cleveland, OH | $134,688,641 | $10,635,199 |
Hunter Museum Of Art Chattanooga, TN | $45,514,020 | $7,390,848 |
Glass-Glen Burnie Museum Inc Winchester, VA | $37,985,540 | $7,078,309 |
Dayton Art Institute Dayton, OH | $42,942,635 | $5,850,007 |
Jayne Wrightsman Irr Trust Xxxxx7008 Chicago, IL | $23,809,573 | $29,559,094 |
Dixon Gallery And Gardens Memphis, TN | $9,304,777 | $5,610,012 |
Taft Museum Of Art Cincinnati, OH | $54,566,768 | $7,451,068 |
Akron Art Museum Akron, OH | $58,514,760 | $4,858,452 |
The Taubman Museum Of Art Roanoke, VA | $68,810,995 | $4,453,447 |
Contemporary Arts Center Cincinnati, OH | $39,344,617 | $3,979,830 |
Kemper Museum Operating Foundation Kansas City, MO | $21,285,156 | $4,170,305 |
Butler Institute Of American Art Youngstown, OH | $88,830,217 | $5,561,162 |