Skip to content
Nonprofiteer
← WEDGWOOD CIRCLE

Form 990 for tax year 2022

Filed by WEDGWOOD CIRCLE.

Totals

Total revenue
$931,956
Total expenses
$776,821
Contributions and grants received
$931,956
Grants paid
$359,015
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$360,933
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$360,933
Program services expenses (Part IX)
$731,023
Management and general expenses
$18,755
Fundraising expenses
$27,043
Program service expenses (Part III)
$731,023

Program services were 94.1% 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.

  • 1b · Membership dues

    $214,000

  • 1f · All other contributions, gifts and grants

    $717,956

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $255,712 · program services $255,712

  • 2 · Grants to domestic individuals

    total $103,303 · program services $103,303

  • 5 · Compensation of officers, directors and key employees

    total $132,568 · program services $106,054 · management and general $13,257 · fundraising $13,257

  • 10 · Payroll taxes

    total $9,803 · program services $7,843 · management and general $980 · fundraising $980

  • 11c · Fees: accounting

    total $2,350 · management and general $2,350

  • 12 · Advertising and promotion

    total $17,899 · program services $17,899

  • 13 · Office expenses

    total $10,499 · program services $10,499

  • 19 · Conferences, conventions and meetings

    total $128,958 · program services $128,958

  • 23 · Insurance

    total $2,168 · management and general $2,168

  • 24a · Other expenses: EVENTS

    total $100,755 · program services $100,755

  • 24b · Other expenses: MEMBER RECRUITMENT & DE

    total $12,806 · fundraising $12,806

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $184,698 · end of year $360,933

  • 4 · Accounts receivable

    beginning of year $21,100 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $205,798 · end of year $360,933

Mission and programs · 2022

Mission

THE WEDGWOOD CIRCLE IS A NETWORK THAT CONNECTS OUR MEMBERS (PATRONS & INVESTORS) WITH CREATIVES (ARTISTS & INDUSTRY EXECUTIVES) TO CREATE ART AND ENTERTAINMENT THAT IS GOOD, TRUE, AND BEAUTIFUL IN EVERY WAY. SIMPLY PUT, WE HELP OUR COMMUNITY BECOME MORE EFFECTIVE AND DISCERNING CREATORS, CONSUMERS, INVESTORS AND PATRONS OF THE ARTS AND ENTERTAINMENT INDUSTRY.

Activities or mission (Part I)

THE MISSION OF THE ORGANIZATION IS TO EMPOWER MEMBERS TO INVEST IN CULTURE FOR THE COMMON GOOD.

  • DURING 2022 THERE WERE TWO VIRTUAL AND FOUR IN-PERSON EVENTS ALL DESIGNED TO FOSTER INVESTMENT AND PATRONAGE INTO ARTISTS WHO ARE CREATING CONTENT THAT IS "GOOD, TRUE AND BEAUTIFUL FOR THE COMMON GOOD." EVENTS INCLUDED:SECTOR SPOTLIGHT (VIRTUAL): MARCH 2022 - FOCUS ON COMEDYTHE WEDGWOOD INVESTOR SUMMIT: APRIL 2022 - HELD IN STANFORD, KYSECTOR SPOTLIGHT (VIRTUAL): JUNE 2022 - FOCUS ON THEATRETHE GOODLIT WRITERS RETREAT: AUGUST 2022 - HELD IN STANFORD, KYCO-HOSTED CONCERT WITH ARTHOUSE DALLAS: SEPTEMBER 2022THE WEDGWOOD ANNUAL EVENT: NOVEMBER 2022 - HELD IN NASHVILLE, TN

    Expenses $731,023 · Grants $359,014

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Brad Reeves

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Ralph Winter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mark Rodgers

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Allison Trowbridge

    SECRETARY

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5 + 5 related

  • Carter Pilcher

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Dave Carlson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Laura Waters Hinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Roger Martin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Andrew Shirley

    DIRECTOR

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5 + 5 related

  • Carl Rogers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Michael Swanson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Christina Lee Storm

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Craig Detweiler

    PRESIDENT

    Total calculated
    $37,500
    From this org
    $37,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

  • Terence Berry

    COO

    Total calculated
    $85,000
    From this org
    $85,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

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

  • EQUALLY WELL MUSIC LLC

    $0

    GENERAL SUPPORT

  • ZING PRODUCTIONS LLC

    $0

    GENERAL SUPPORT

  • GRITS ENTERTAINMENT LLC

    $0

    GENERAL SUPPORT

  • LOT 3 PRODUCTIONS

    $0

    GENERAL SUPPORT

  • GYROSCOPE PRODUCTIONS

    $0

    GENERAL SUPPORT

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.

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202343199349321779

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.