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Nonprofiteer
← TRANSART AND CULTURAL SERVICES INC

Form 990 for tax year 2023

Filed by TRANSART AND CULTURAL SERVICES INC.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2023 , filed 30 January 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Listed only on the earlier return

  • Curtis Njue Murungi

Listed only on the later return

  • Gregory Simpson
  • Yein Kim

Listed under a different title

  • Jeff Koshmacher: SECRETARY then FORMER SECRETARY

Totals

Total revenue
$1,155,544
Total expenses
$565,029
Contributions and grants received
$1,120,117
Grants paid
$0
Program service revenue
$33,878
Investment income
$1,010
Other revenue
$539
Total assets, end of year
$3,814,169
Total liabilities, end of year
$35,403
Net assets or fund balances, end of year
$3,778,766
Program services expenses (Part IX)
$432,640
Management and general expenses
$132,389
Fundraising expenses
$0
Program service expenses (Part III)
$432,640

Program services were 76.6% 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)

    $99,973

  • 1f · All other contributions, gifts and grants

    $1,020,144

  • 2a · Program service revenue: PROGRAM SERVICE REVENUE

    total $33,878 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $1,010 · unrelated business $0 · excluded $0

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $539 · related or exempt $539 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $539

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $186,460 · program services $130,522 · management and general $55,938 · fundraising $0

  • 10 · Payroll taxes

    total $16,249 · program services $11,374 · management and general $4,875 · fundraising $0

  • 11c · Fees: accounting

    total $12,000 · program services $12,000 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $68,977 · program services $68,977 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $12,976 · program services $12,976 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $14,283 · program services $9,039 · management and general $5,244 · fundraising $0

  • 16 · Occupancy

    total $3,628 · program services $0 · management and general $3,628 · fundraising $0

  • 17 · Travel

    total $21,433 · program services $21,433 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $45,668 · program services $0 · management and general $45,668 · fundraising $0

  • 23 · Insurance

    total $10,301 · program services $0 · management and general $10,301 · fundraising $0

  • 24a · Other expenses: STORAGE

    total $4,775 · program services $4,775 · management and general $0 · fundraising $0

  • 24b · Other expenses: ARTIST FEES

    total $82,091 · program services $82,091 · management and general $0 · fundraising $0

  • 24c · Other expenses: EQUIPMENT RENTAL, MAINTENANCE AND REPAIRS

    total $40,258 · program services $40,258 · management and general $0 · fundraising $0

  • 24d · Other expenses: PROGRAM EXPENSES

    total $24,750 · program services $24,750 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $21,180 · program services $14,445 · management and general $6,735 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $697,323 · end of year $658,946

  • 2 · Savings and temporary cash investments

    beginning of year $33,305 · end of year $49,245

  • 3 · Pledges and grants receivable

    beginning of year $142,500 · end of year $669,500

  • 4 · Accounts receivable

    beginning of year $3,400 · end of year $7,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $359 · end of year $1,136

  • 10a · Land, buildings and equipment: cost or other basis

    $2,479,847

  • 10b · Land, buildings and equipment: accumulated depreciation

    $51,505

  • 10c · Land, buildings and equipment, net

    beginning of year $2,344,744 · end of year $2,428,342

  • 17 · Accounts payable and accrued expenses

    beginning of year $33,380 · end of year $35,403

  • 27 · Net assets without donor restrictions

    beginning of year $2,878,459 · end of year $3,109,266

  • 28 · Net assets with donor restrictions

    beginning of year $309,792 · end of year $669,500

Mission and programs · 2023

Mission

TO PREPARE, ORGANIZE AND PROMOTE ARTISTIC EXHIBITIONS AND PERFORMANCES, WHETHER VISUAL ART, MUSIC.

  • PROMOTION OF ARTISTIC EXHIBITIONS AND PERFORMANCES INCLUDING JAZZ IN THE VALLEY.

    Expenses $432,640 · Revenue $33,878

As filed on the 2023 return.

Listed in Part VII

  • Teryl Mickens

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Jeff Koshmacher

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Lisa Thompson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Curtis Njue Murungi

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Sherwood Phizer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Reginald Martin Crenshaw

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

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
15 October 2024
IRS schema version
2023v5.1
Source object
202423209349325252

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