Totals
- Total revenue
- $1,069,028
- Total expenses
- $1,368,319
- Contributions and grants received
- $1,087,038
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $595
- Other revenue
- -$18,605
- Total assets, end of year
- $885,681
- Total liabilities, end of year
- $599,541
- Net assets or fund balances, end of year
- $286,140
- Program services expenses (Part IX)
- $1,012,114
- Management and general expenses
- $164,994
- Fundraising expenses
- $191,211
- Program service expenses (Part III)
- $1,012,114
Program services were 74.0% 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
$17,766
-
1c · Fundraising events
$285,755
-
1e · Government grants (contributions)
$316,191
-
1f · All other contributions, gifts and grants
$467,326
-
1g · Noncash contributions included above
$30,046
-
3 · Investment income
total $595 · related or exempt $595
-
8a · Fundraising events: gross income
$131,556
-
8a · Fundraising events: contributions included on line 1c
$285,755
-
8b · Fundraising events: direct expenses
$150,161
-
8c · Net income from fundraising events
total -$18,605 · excluded -$51,165
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $170,000 · program services $85,000 · management and general $34,000 · fundraising $51,000
-
7 · Other salaries and wages
total $337,374 · program services $287,915 · management and general $11,749 · fundraising $37,710
-
8 · Pension plan contributions
total $370 · management and general $370
-
10 · Payroll taxes
total $37,782 · program services $22,702 · management and general $3,682 · fundraising $11,398
-
11c · Fees: accounting
total $77,383 · management and general $62,383 · fundraising $15,000
-
11g · Fees: other
total $122,774 · program services $78,515 · management and general $9,593 · fundraising $34,666
-
12 · Advertising and promotion
total $4,187 · program services $1,859 · fundraising $2,328
-
13 · Office expenses
total $86,328 · program services $46,347 · management and general $15,951 · fundraising $24,030
-
14 · Information technology
total $7,183 · program services $4,300 · management and general $883 · fundraising $2,000
-
16 · Occupancy
total $251,042 · program services $229,426 · management and general $13,774 · fundraising $7,842
-
17 · Travel
total $27,027 · program services $23,358 · management and general $984 · fundraising $2,685
-
22 · Depreciation, depletion and amortization
total $27,584 · program services $24,826 · management and general $1,379 · fundraising $1,379
-
23 · Insurance
total $7,139 · program services $5,668 · management and general $298 · fundraising $1,173
-
24a · Other expenses: ARTISTS FEES AND HONORARI
total $75,430 · program services $75,430
-
24b · Other expenses: ARTIST GRANTS
total $59,400 · program services $59,400
-
24c · Other expenses: MATERIALS
total $36,350 · program services $33,361 · management and general $2,989
-
24d · Other expenses: HOSPITALITY
total $19,551 · program services $13,663 · management and general $5,888
-
24e · All other expenses
total $21,415 · program services $20,344 · management and general $1,071
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $539,784 · end of year $134,336
-
3 · Pledges and grants receivable
end of year $75,000
-
10a · Land, buildings and equipment: cost or other basis
$145,940
-
10b · Land, buildings and equipment: accumulated depreciation
$30,749
-
10c · Land, buildings and equipment, net
beginning of year $81,807 · end of year $115,191
-
15 · Other assets
beginning of year $707,588 · end of year $561,154
-
17 · Accounts payable and accrued expenses
beginning of year $25,438 · end of year $33,218
-
25 · Other liabilities
beginning of year $718,310 · end of year $566,323
-
27 · Net assets without donor restrictions
beginning of year $236,594 · end of year $96,231
-
28 · Net assets with donor restrictions
beginning of year $348,837 · end of year $189,909
Mission and programs · 2023
Mission
LOCUST PROJECTS IS AN ALTERNATIVE, NOT FOR PROFIT, MIAMI-BASED EXHIBITION SPACE DEDICATED TO PROVIDING CONTEMPORARY VISUAL ARTISTS THE FREEDDOM TO EXPERIMENT WITH NEW IDEAS AND METHODS WITHOUT THE PRESSURES OF GALLERY SALES OR OTHER LIMITATIONS.
Activities or mission (Part I)
TO PROMOTE THE VISUAL ARTS BY PROVIDING EXHIBITION SPACE PRESENTING SITE- SPECIFIC ARTWORK FILLING THE GAP BETWEEN MUSEUMS AND COMMERCIAL GALLERIES.
-
PROVIDED EXHIBTION SPACE AND PUBLIC EXPOSURE FOR SITE-SPECIFIC VISUAL ARTWORK BY PRESENTING WORKDS OF SEVERAL LOCAL, NATIONAL AND INTERNATIONAL ARTISTS.
Expenses $714,570
-
PROVIDED INCUBATOR GRANTS TO VISIONARY ARTISTIS FOR INNOVATIVE PUBLICLY ACCESSIBLE PROJECTS TRHOUGH WAVEMAKER PROGRAM.
Expenses $106,380 · Grants $59,400
-
PROVIDED INTENSIVE ART SUMMER CAMP FOR HIGH SHCOOL STUDENTS WITH AN INTEREST IN ART, DESIGN AND EXPLORING CREATIVE CAREERS TO LEARN FROM PROFESSIONAL ARTISTS.
Expenses $140,573
-
HELD ARIOUS PROGRAMS DESIGNED TO SUPPORT ARTISTS SUCH AS LEGALLINK, ARTIST TALKS AND A DIGITAL INOVATION LAB.
Expenses $50,591
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Lorie MertesLORIE MERTES
EXECUTIVE DI
- Total calculated
- $170,000
- From this org
- $170,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 65
Schedule J breakdown matched by us
- Base
- $170,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $170,000
-
Linda AdlerLINDA ADLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Juan AlonsoJUAN ALONSO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Richard ArreguiRICHARD ARREGUI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Elizabeth BaileyELIZABETH BAILEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Maria C BechilyMARIA C BECHILY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Karen BoyerKAREN BOYER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Westen CharlesWESTEN CHARLES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Nicole ChipiNICOLE CHIPI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
John DevineJOHN DEVINE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
Rafael DomenechRAFAEL DOMENECH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Bette Anne FialkovBETTE ANNE FIALKOV
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Dawn Adells FineDAWN ADELLS FINE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Debra FrankDEBRA FRANK
SECRETARY
- Total calculated
- $0
- Hours/week
- 4
-
Elizabeth GreenELIZABETH GREEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Diane GrobDIANE GROB
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Brian HellerBRIAN HELLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Paul JacoberPAUL JACOBER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Avra JainAVRA JAIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Carlos R LagoCARLOS R LAGO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Steven LansterSTEVEN LANSTER
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
John Joseph LinJOHN JOSEPH LIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Chris LomaxCHRIS LOMAX
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Stewart MerkinSTEWART MERKIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Diane MossDIANE MOSS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Jamie OdabachianJAMIE ODABACHIAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Amy PollackAMY POLLACK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Debra SchollDEBRA SCHOLL
CHAIRMAN OF
- Total calculated
- $0
- Hours/week
- 5
-
Mette TommerupMETTE TOMMERUP
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Oliver WatkissOLIVER WATKISS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Elizabeth WithstandleyELIZABETH WITHSTANDLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2026
- IRS schema version
- 2023v6.0
- Source object
- 202622609349301747
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.