Bainbridge Arts & Crafts Inc
- Assets
- $908.3k
- Revenue
- $485.3k
- Investments
- $0.0
- Employees
- 11
- Location
- Bainbridge Island, WA
- Founding
- 01/1961
- Data as of
- 06/2021
- EIN
- 91-0714664
Organization Overview
Bainbridge Arts & Crafts Inc is located in Bainbridge Island, WA. The organization was established in 1961. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Bainbridge Arts & Crafts Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bainbridge Arts & Crafts 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 06/2021, Bainbridge Arts & Crafts Inc generated $485.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $492.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE THE CREATION AND APPRECIATION OF FINE CONTEMPORARY ART AND CRAFT BY EXHIBITING AND SELLING THE WORK OF NORTHWEST ARTISTS, AND BY OFFERING ART EDUCATION TO A COUNTY-WIDE AUDIENCE OF ALL AGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROMOTES AND SUPPORTS VISUAL ARTS AND ARTISTS BY PROVIDING A VENUE AND EDUCATION. THE ORGANIZATION PROVIDES A VENUE FOR AREA AND STUDENT ARTISTS TO SHOW AND CONSIGN THEIR WORKS AS WELL AS INTRODUCE COMMUNITY MEMBERS TO EMERGING ARTISTS AND ART WORKS NOT OTHERWISE LOCALLY AVAILABLE. THE ORGANIZATION SUPPORTS COMMUNITY OUTREACH ACTIVITIES INCLUDING EXHIBITION OPENINGS FOR ART EDIFICATION. THE ORGANIZATION BRINGS ARTISTS TO THE COMMUNITY TO PRESENT ART WORKSHOPS, TO VISIT COMMUNITY CLASSROOMS FOR STUDENT EDIFICATION THROUGH LECTURES, TO INTERFACE WITH ARTISTS, AND TO PRESENT AGE-APPROPRIATED WORKSHOPS FOR STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Bolles Secretary | OfficerTrustee | 3 | $0 |
Maureen Halligan President | OfficerTrustee | 5 | $0 |
Wendy Wallace Secretary | OfficerTrustee | 3 | $0 |
Theresa Kilgore Director | OfficerTrustee | 3 | $0 |
Bill Ransom Director | Trustee | 2 | $0 |
Diane Dixon Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $290,386 |
| Investment income | $11,766 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $19,811 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$67,066 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $485,325 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $5,510 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $295,768 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $596 |
| Payroll taxes | $28,269 |
| 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 | $11,264 |
| Advertising and promotion | $3,862 |
| Office expenses | $10,495 |
| Information technology | $4,500 |
| Royalties | $0 |
| Occupancy | $100,276 |
| Travel | $258 |
| 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 | $5,364 |
| Insurance | $8,102 |
| All other expenses | $0 |
| Total functional expenses | $492,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,792 |
| Savings and temporary cash investments | $57,245 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,741 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,948 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $550,403 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $908,274 |
| Accounts payable and accrued expenses | $21,671 |
| 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 | $156,814 |
| Total liabilities | $178,485 |
| 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 |
| Total liabilities and net assets/fund balances | $729,789 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Bainbridge Arts & Crafts Inc has recieved totaling $9,395.
| Awarding Organization | Amount |
|---|---|
One Call For All Bainbridge Island, WA PURPOSE: GENERAL SUPPORT | $9,387 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $8 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elderheart Inc Sisters, OR | $6,200,437 | $6,066,501 |
Gage Academy Of Art Seattle, WA | $3,068,571 | $2,623,877 |
Pratt Fine Arts Center Seattle, WA | $7,081,159 | $1,908,130 |
Kingdom Air Corps Inc Sutton, AK | $2,362,130 | $1,590,178 |
Woodworth Family Foundation Tacoma, WA | $16,382,874 | $3,452,473 |
Pottery Northwest Seattle, WA | $1,169,498 | $523,661 |
Bunnell Street Arts Center Homer, AK | $391,886 | $556,806 |
Oregon Society Of Artists Portland, OR | $357,338 | $646,733 |
Bainbridge Arts & Crafts Inc Bainbridge Island, WA | $908,274 | $485,325 |
Portland Street Art Alliance Portland, OR | $196,129 | $562,703 |
Anacortes Arts Festival Anacortes, WA | $436,946 | $573,195 |
Architectural Foundation Of Oregon Portland, OR | $963,741 | $418,529 |