Skip to content
Nonprofiteer
← TRYON PAINTERS AND SCULPTORS INC

Form 990 for tax year 2024

Filed by TRYON PAINTERS AND SCULPTORS INC.

Totals

Total revenue
$175,553
Total expenses
$99,817
Contributions and grants received
$110,413
Grants paid
$0
Program service revenue
$50,821
Investment income
$11,521
Other revenue
$2,798
Total assets, end of year
$568,912
Total liabilities, end of year
$35,699
Net assets or fund balances, end of year
$533,213
Program services expenses (Part IX)
$90,879
Management and general expenses
$8,736
Fundraising expenses
$202
Program service expenses (Part III)
$90,879

Program services were 91.0% 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

    $11,440

  • 1c · Fundraising events

    $15,997

  • 1f · All other contributions, gifts and grants

    $82,976

  • 1g · Noncash contributions included above

    $84

  • 2a · Program service revenue: GALARY SHOWS

    total $11,545 · related or exempt $11,545

  • 2b · Program service revenue: CLASSES AND WORKSHOPS

    total $8,932 · related or exempt $8,932

  • 2c · Program service revenue: GALERY STORE

    total $15,344 · related or exempt $15,344

  • 2d · Program service revenue: PCCF LOCAL COMMITMENT G

    total $15,000 · related or exempt $15,000

  • 3 · Investment income

    total $11,521 · related or exempt $11,521

  • 8a · Fundraising events: gross income

    $2,880

  • 8a · Fundraising events: contributions included on line 1c

    $15,997

  • 8b · Fundraising events: direct expenses

    $82

  • 8c · Net income from fundraising events

    total $2,798 · excluded $2,798

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $37,412 · program services $37,412

  • 10 · Payroll taxes

    total $2,882 · program services $2,882

  • 11c · Fees: accounting

    total $7,960 · management and general $7,960

  • 11f · Fees: investment management

    total $667 · management and general $667

  • 11g · Fees: other

    total $1,313 · program services $1,111 · fundraising $202

  • 12 · Advertising and promotion

    total $5,479 · program services $5,479

  • 14 · Information technology

    total $650 · program services $650

  • 16 · Occupancy

    total $5,179 · program services $5,179

  • 22 · Depreciation, depletion and amortization

    total $6,118 · program services $6,118

  • 23 · Insurance

    total $3,487 · program services $3,487

  • 24a · Other expenses: GALLERY SHOW ARTIST PAYMENTS

    total $6,799 · program services $6,799

  • 24b · Other expenses: GALLERY GIFT SHOP ARTIST PAY

    total $9,345 · program services $9,345

  • 24c · Other expenses: INSTRUCTOR FEES

    total $4,100 · program services $4,100

  • 24d · Other expenses: REPAIRS AND MANTENANCE

    total $1,676 · program services $1,676

  • 24e · All other expenses

    total $6,750 · program services $6,641 · management and general $109

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $53,516 · end of year $79,315

  • 2 · Savings and temporary cash investments

    beginning of year $69,151 · end of year $140,585

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

    $279,897

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

    $56,541

  • 10c · Land, buildings and equipment, net

    beginning of year $220,779 · end of year $223,356

  • 11 · Investments: publicly traded securities

    beginning of year $116,210 · end of year $125,656

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,245 · end of year $35,699

  • 27 · Net assets without donor restrictions

    beginning of year $451,411 · end of year $533,213

Mission and programs · 2024

Mission

TO SUPPORT AND PROMOTE THE VISUAL ARTS THROUGH MEMBER EXHIBITIONS, EDUCATION, AND COMMUNITY ENGAGEMENT.

  • GENERAL GALLARY OVERHEAD

    Expenses $68,070 · Revenue $15,000

  • GIFT SHOP: A SPECIAL SECTION IN THE GALLERY IS RESERVED FOR THE SALE OF SMALL PIECES CREATED BY ITS MEMBERS FOR SALE. INVENTORY IS WELCOMED ONLY FROM MEMBERS AND ROTATED TO HAVE NEWLY CREATED PIECES IN INVENTORY

    Expenses $9,757 · Revenue $15,344

  • GALLERY SHOWS: A MAJOR TOOL THAT TPS USES FOR FILLING TPS STATED FUNCTION IS TO HOLD SHOWS IN TPS GALLERY FOR ITS MEMBERS TO HAVE OPPORTUNITIES TO (1) TO PRESENT THEIR WORK FOR PUBLIC VIEWING AND (2) POTENTIAL SALES. DURING 2024, SEVEN SHOWS WERE PRESENTED. ON OCCASION , NON-MEMBERS ARE INVITED TO ENTER WORK ALL SHOWS ARE CURATED WITH A THEME.

    Expenses $8,585 · Revenue $11,545

  • WORKSHOPS AND CLASSES: THIRTEEN CLASSES AND WORKSHOPS WERE PRESENTED FOR BOTH MEMBERS AND NON-MEMBERS INVITED TO PARTICIPATE. INSTRUCTORS ARE PAID TO TEACH AND STUDENTS PAY A FEE TO ATTEND

    Expenses $4,467 · Revenue $8,932

As filed on the 2024 return.

Listed in Part VII

  • Cheney Anderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    6

  • Denise Cwik

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Cornelia Scibetta

    PRESIDENT

    Total calculated
    $0
    Hours/week
    6

  • Greg Wright

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Robert Kanaby

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Patrician Sahertian

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Carol Funke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jeff Dale

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Jim Doussard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Lauren Wingate

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Carol Browning

    FORMER TREASURER

    Total calculated
    $0
    Hours/week
    5

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
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202533189349311958

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.