Form 990 for tax year 2023
Filed by ARTSPLOSURE-RALEIGH ARTS FESTIVAL.
Totals
- Total revenue
- $760,229
- Total expenses
- $922,840
- Contributions and grants received
- $394,227
- Grants paid
- $0
- Program service revenue
- $363,351
- Investment income
- $2,651
- Other revenue
- $0
- Total assets, end of year
- $167,543
- Total liabilities, end of year
- $27,707
- Net assets or fund balances, end of year
- $139,836
- Program services expenses (Part IX)
- $805,490
- Management and general expenses
- $75,352
- Fundraising expenses
- $41,998
- Program service expenses (Part III)
- $805,490
Program services were 87.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$222,563
-
1f · All other contributions, gifts and grants
$171,664
-
2a · Program service revenue: ARTS FESTIVALS
total $363,351 · related or exempt $363,351
-
3 · Investment income
total $2,651 · excluded $2,651
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $87,750 · program services $29,250 · management and general $29,250 · fundraising $29,250
-
7 · Other salaries and wages
total $194,508 · program services $185,787 · management and general $585 · fundraising $8,136
-
9 · Other employee benefits
total $33,929 · program services $26,096 · management and general $5,013 · fundraising $2,820
-
10 · Payroll taxes
total $21,570 · program services $16,590 · management and general $3,188 · fundraising $1,792
-
11c · Fees: accounting
total $25,837 · program services $18,858 · management and general $6,979
-
11g · Fees: other
total $20,280 · program services $14,802 · management and general $5,478
-
12 · Advertising and promotion
total $27,655 · program services $27,655
-
13 · Office expenses
total $2,092 · program services $1,527 · management and general $565
-
16 · Occupancy
total $17,349 · program services $12,663 · management and general $4,686
-
24a · Other expenses: PRODUCTION EXPENSE
total $195,671 · program services $195,671
-
24b · Other expenses: PERFORMANCE FEES/TRAVEL
total $111,682 · program services $111,682
-
24c · Other expenses: VISUAL ART EXPENSE
total $100,292 · program services $100,292
-
24d · Other expenses: MISCELLANEOUS
total $32,286 · program services $23,565 · management and general $8,721
-
24e · All other expenses
total $51,939 · program services $41,052 · management and general $10,887
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $177,230 · end of year $30,628
-
2 · Savings and temporary cash investments
beginning of year $110,669 · end of year $108,201
-
3 · Pledges and grants receivable
beginning of year $45,366 · end of year $15,000
-
4 · Accounts receivable
beginning of year $3,312 · end of year $12,114
-
10a · Land, buildings and equipment: cost or other basis
$41,341
-
10b · Land, buildings and equipment: accumulated depreciation
$39,741
-
10c · Land, buildings and equipment, net
beginning of year $2,391 · end of year $1,600
-
17 · Accounts payable and accrued expenses
beginning of year $36,521 · end of year $27,707
-
27 · Net assets without donor restrictions
beginning of year $300,853 · end of year $139,836
-
28 · Net assets with donor restrictions
beginning of year $1,594 · end of year $0
Mission and programs · 2023
Mission
TO IMPROVE THE QUALITY OF LIFE AND CULTURAL ENVIRONMENT THROUGH HIGH QUALITY ANNUAL EVENTS THAT CELEBRATE EXCELLENCE IN THE PERFORMING AND VISUAL ARTS; PROMOTE AND RECOGNIZE LOCAL, REGIONAL, AND NATIONAL ARTISTS; AND BRING ARTISTS AND THE GREATER COMMUNITY TOGETHER.
-
PROMOTING ARTS AND ARTS AWARENESS IN THE CITY OF RALEIGH THROUGH THE PRODUCTION OF ARTS FESTIVALS. DONATED PROGRAM SERVICES NOT INCLUDED IN CONTRIBUTIONS OR EXPENSE TOTALED $138,650.
Expenses $805,490 · Revenue $363,351
As filed on the 2023 return.
Listed in Part VII
-
Christopher DumaisCHRISTOPHER DUMAIS
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer NusbaumJENNIFER NUSBAUM
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer ChampionJENNIFER CHAMPION
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Liz HedrickLIZ HEDRICK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ann-Cabell BaumANN-CABELL BAUM
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Jedidiah GantJEDIDIAH GANT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
George HageGEORGE HAGE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kacy HuntKACY HUNT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Cynthia Von Der LehrCYNTHIA VON DER LEHR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Susan MurphySUSAN MURPHY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nick NeptuneNICK NEPTUNE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jim RothschildJIM ROTHSCHILD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jana WoehrleJANA WOEHRLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Daniel MichaelDANIEL MICHAEL
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Carmen PrevetteCARMEN PREVETTE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jacqueline FieldJACQUELINE FIELD
EXECUTIVE DIRECTOR
- Total calculated
- $87,750
- From this org
- $87,750
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 18 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433239349300623
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