Artown
- Assets
- $1.7m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 17
- Location
- Reno, NV
- Founding
- 05/1999
- Data as of
- 12/2023
- EIN
- 88-0412311
Organization Overview
Artown is located in Reno, NV. The organization was established in 1999. According to its NTEE Classification (A19) the organization is classified as: Support N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Artown employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Artown 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, Artown generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 9 years. 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
PRESENTATION OF CULTURAL EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT CITY-WIDE ART FESTIVAL IN JULY AND OTHER PERFORMING ARTS EVENTS THROUGHOUT THE YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roberto Garcia Treasurer | OfficerTrustee | 2 | $0 |
Pat Cashell Board Member | Trustee | 2 | $0 |
Abigail Stephenson Past Chair | OfficerTrustee | 2 | $0 |
Rick Thomas Board Member | Trustee | 2 | $0 |
Patricia Meidell Board Member | Trustee | 2 | $0 |
David Lan Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,348,013 |
| Noncash contributions included in lines 1a–1f | $322,599 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,365,513 |
| Total Program Service Revenue | $484,289 |
| Investment income | $20,739 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,870,541 |
| 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. | $146,596 |
| Compensation of current officers, directors, key employees. | $19,430 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $195,123 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $45,629 |
| Payroll taxes | $29,360 |
| 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 | $57,174 |
| Advertising and promotion | $121,538 |
| Office expenses | $14,294 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,742 |
| Travel | $15,734 |
| 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 | $828 |
| Insurance | $21,017 |
| All other expenses | $69,916 |
| Total functional expenses | $1,791,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $805,244 |
| Savings and temporary cash investments | $490,385 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $46,147 |
| 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 | $8,283 |
| Net Land, buildings, and equipment | $367,763 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,717,822 |
| Accounts payable and accrued expenses | $18,903 |
| 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 | $0 |
| Total liabilities | $18,903 |
| Net assets without donor restrictions | $1,269,302 |
| Net assets with donor restrictions | $429,617 |
| 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 | $1,717,822 |