Form 990 for tax year 2022
Filed by CORAL SPRINGS MUSEUM OF ART INC.
Totals
- Total revenue
- $582,981
- Total expenses
- $546,713
- Contributions and grants received
- $380,007
- Grants paid
- $0
- Program service revenue
- $177,431
- Investment income
- $13,068
- Other revenue
- $12,475
- Total assets, end of year
- $1,996,766
- Total liabilities, end of year
- $22,300
- Net assets or fund balances, end of year
- $1,974,466
- Program services expenses (Part IX)
- $281,712
- Management and general expenses
- $179,202
- Fundraising expenses
- $85,799
- Program service expenses (Part III)
- $281,712
Program services were 51.5% 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)
$359,955
-
1f · All other contributions, gifts and grants
$20,052
-
2a · Program service revenue: EDUCATION AND CAMPS
total $156,577 · related or exempt $156,577
-
2b · Program service revenue: DUES
total $9,560 · related or exempt $9,560
-
2c · Program service revenue: EVENTS
total $6,173 · related or exempt $6,173
-
2d · Program service revenue: ARTWORK SALES
total $5,121 · related or exempt $5,121
-
3 · Investment income
total $13,068 · excluded $13,068
-
6a · Gross rents
real property $12,475
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $12,475
-
6d · Net rental income or loss
total $12,475 · excluded $12,475
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $285,547 · program services $146,519 · management and general $67,901 · fundraising $71,127
-
8 · Pension plan contributions
total $20,992 · program services $6,885 · management and general $13,477 · fundraising $630
-
9 · Other employee benefits
total $120,944 · program services $39,668 · management and general $77,647 · fundraising $3,629
-
10 · Payroll taxes
total $21,371 · program services $10,966 · management and general $5,082 · fundraising $5,323
-
11c · Fees: accounting
total $6,000 · management and general $6,000
-
11g · Fees: other
total $24,582 · program services $24,582
-
13 · Office expenses
total $24,774 · program services $21,922 · management and general $1,113 · fundraising $1,739
-
16 · Occupancy
total $33,198 · program services $29,300 · management and general $1,002 · fundraising $2,896
-
23 · Insurance
total $1,785 · program services $1,574 · management and general $55 · fundraising $156
-
24a · Other expenses: BANK FEES
total $3,896 · management and general $3,896
-
24b · Other expenses: REGISTRATION/TRAINING
total $3,258 · program services $296 · management and general $2,663 · fundraising $299
-
24c · Other expenses: COMMUNITY AWARENESS
total $366 · management and general $366
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $156,684 · end of year $53,245
-
12 · Investments: other securities
beginning of year $39,872 · end of year $150,141
-
13 · Investments: program-related
beginning of year $1,792,327 · end of year $1,792,327
-
15 · Other assets
beginning of year $241 · end of year $1,053
-
17 · Accounts payable and accrued expenses
beginning of year $44,702 · end of year $13,344
-
19 · Deferred revenue
beginning of year $6,156 · end of year $8,956
-
27 · Net assets without donor restrictions
beginning of year $1,938,266 · end of year $1,974,466
Mission and programs · 2022
Mission
THE MISSION OF THE CORAL SPRINGS MUSEUM OF ART IS TO ENGAGE AND CONNECT OUR DIVERSE COMMUNITIES WITH DYNAMIC EXHIBITS, EXCEPTIONAL ART EDUCATION, STIMULATING SPECIALTY PROGRAMS AND INSPIRED EVENTS TO IGNITE CULTURAL ENRICHMENT.
-
THE CORAL SPRINGS MUSEUM OF ART PROVIDES PROGRAMMING THROUGH IMPRESSIVE AND UNIQUE VISUAL ART EXHIBITIONS THAT ENCOURAGE VISITORS TO REFLECT, FEEL AND THINK AS WELL AS INSPIRE. IN TANDEM WITH NOTABLE, EXHIBITIONS CHANGING EVERY 9 WEEKS, CSMOA HOST A VARIETY OF ART WORKSHOPS, CLASSES, CAMPS FOR CHILDREN AND TEENS AND ADULTS LED BY PROFESSIONAL ARTISTS. THE MUSEUM'S EDUCATIONAL PROGRAMS INCLUDE TRADITIONAL MUSEUM TOURS, MONTHLY ARTVENTURES FAMILY DAYS AND SPECIALTY PROGRAMMING TO ADDRESS CURRENT COMMUNITY NEEDS THROUGH A VARIETY OF ARTMAKING. SPECIALIZED ART PROGRAMMING IS DESIGNED TO SERVE MEMBERS OF THE COMMUNITY AFFECTED BY ECONOMIC INSUFFICIENCY, DISABILITIES, FREE ADMISSION TO THE MUSEUM AND MANY EVENTS ENSURE THAT ART IS ACCESSIBLE TO EVERYONE.
Expenses $281,712 · Revenue $177,431
As filed on the 2022 return.
Listed in Part VII
-
Scott Brook MayorSCOTT BROOK MAYOR
DIRECTOR
- Total calculated
- $54,381
- From this org
- $0
- From related orgs
- $25,008
- Other
- $29,373
- Hours/week
- 1
-
Shawn Cerra Vice MayorSHAWN CERRA VICE MAYOR
DIRECTOR
- Total calculated
- $48,309
- From this org
- $0
- From related orgs
- $19,781
- Other
- $28,528
- Hours/week
- 1
-
Joshua Simmons CommissionerJOSHUA SIMMONS COMMISSIONER
BOARD CHAIR
- Total calculated
- $46,587
- From this org
- $0
- From related orgs
- $19,139
- Other
- $27,448
- Hours/week
- 1
-
Joy Carter CommissionerJOY CARTER COMMISSIONER
DIRECTOR
- Total calculated
- $32,808
- From this org
- $0
- From related orgs
- $21,638
- Other
- $11,170
- Hours/week
- 1
-
Nancy Metayer Bowen CommissNANCY METAYER BOWEN COMMISS
DIRECTOR
- Total calculated
- $23,969
- From this org
- $0
- From related orgs
- $23,969
- Other
- $0
- Hours/week
- 1
-
Kim MoskowitzKIM MOSKOWITZ
DIRECTOR OF FINANCIAL SERVICES
- Total calculated
- $234,948
- From this org
- $0
- From related orgs
- $182,786
- Other
- $52,162
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $180,604 related
- Bonus
- $0
- Other
- $0 + $2,182 related
- Deferred
- $0 + $23,089 related
- Nontaxable benefits
- $0 + $29,073 related
- Filer's total
- $0 + $234,948 related
-
Jill BrownJILL BROWN
MUSEUM DIRECTOR (UNTIL 03/23)
- Total calculated
- $128,651
- From this org
- $0
- From related orgs
- $106,496
- Other
- $22,155
- Hours/week
- 40
-
Paula ForeroPAULA FORERO
ARTS & CULTURE PROGRAM MANAGER
- Total calculated
- $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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
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CITY OF CORAL SPRINGS
CITY ACTIVITIES · IL
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 August 2024
- IRS schema version
- 2022v5.0
- Source object
- 202422289349301942
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