Totals
- Total revenue
- $463,753
- Total expenses
- $401,005
- Contributions and grants received
- $246,897
- Grants paid
- $0
- Program service revenue
- $152,939
- Investment income
- $15,386
- Other revenue
- $48,531
- Total assets, end of year
- $1,034,353
- Total liabilities, end of year
- $4,494
- Net assets or fund balances, end of year
- $1,029,859
- Program services expenses (Part IX)
- $245,392
- Management and general expenses
- $155,613
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $245,392
Program services were 61.2% 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.
-
1a · Federated campaigns
$185,101
-
1b · Membership dues
$4,854
-
1d · Related organizations
$35,939
-
1e · Government grants (contributions)
$21,003
-
2a · Program service revenue: ART AND EXHIBIT SALE
total $15,924 · related or exempt $15,924
-
2b · Program service revenue: ART CLASSES TUITION A
total $107,633 · related or exempt $107,633
-
2c · Program service revenue: LAB FEES
total $7,665 · related or exempt $7,665
-
2d · Program service revenue: EXHIBIT SPONSORS
total $12,000 · related or exempt $12,000
-
2e · Program service revenue: EXHIBIT ENTRY FEES
total $9,717 · related or exempt $9,717
-
3 · Investment income
total $15,386 · related or exempt $15,386
-
6a · Gross rents
real property $1,599
-
6b · Less rental expenses
real property $16
-
6c · Rental income or loss
real property $1,583
-
6d · Net rental income or loss
total $1,583 · related or exempt $1,583
-
10a · Gross sales of inventory
$12,858
-
10b · Cost of goods sold
$1,073
-
10c · Net income from sales of inventory
total $11,785 · related or exempt $11,785
-
11a · Other revenue: UNREALIZED INVESTMENT I
total $13,641 · related or exempt $13,641
-
11b · Other revenue: LOCKER FEES
total $965 · related or exempt $965
-
11c · Other revenue: GIFT CERT
total $1,357 · related or exempt $1,357
-
11d · All other revenue
total $19,200 · related or exempt $19,200
-
11e · Other revenue, total
$35,163
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $150,742 · program services $75,371 · management and general $75,371
-
9 · Other employee benefits
total $900 · program services $900
-
10 · Payroll taxes
total $13,996 · program services $6,998 · management and general $6,998
-
11c · Fees: accounting
total $3,479 · management and general $3,479
-
11f · Fees: investment management
total $4,198 · management and general $4,198
-
11g · Fees: other
total $47,059 · program services $47,059
-
12 · Advertising and promotion
total $6,641 · program services $1,965 · management and general $4,676
-
13 · Office expenses
total $18,533 · management and general $18,533
-
14 · Information technology
total $11,544 · program services $11,544
-
16 · Occupancy
total $37,135 · program services $2,130 · management and general $35,005
-
19 · Conferences, conventions and meetings
total $25 · program services $25
-
22 · Depreciation, depletion and amortization
total $42,108 · program services $42,108
-
23 · Insurance
total $7,353 · management and general $7,353
-
24a · Other expenses: EXHIBIT EXP
total $36,624 · program services $36,624
-
24b · Other expenses: SCHOOL EXPENSES
total $20,668 · program services $20,668
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $64,653 · end of year $46,335
-
2 · Savings and temporary cash investments
beginning of year $393,661 · end of year $498,353
-
3 · Pledges and grants receivable
beginning of year $669 · end of year $517
-
4 · Accounts receivable
beginning of year $11,185 · end of year $13,740
-
10a · Land, buildings and equipment: cost or other basis
$1,310,859
-
10b · Land, buildings and equipment: accumulated depreciation
$835,451
-
10c · Land, buildings and equipment, net
beginning of year $517,516 · end of year $475,408
-
24 · Unsecured notes and loans payable
beginning of year $19,200
-
25 · Other liabilities
beginning of year $1,373 · end of year $4,494
-
27 · Net assets without donor restrictions
beginning of year $967,111 · end of year $531,506
-
28 · Net assets with donor restrictions
end of year $498,353
Mission and programs · 2023
Mission
THE PURPOSE OF THE MIDDLETOWN FINE ARTS CENTER IS EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES AND TO FURTHER THE ARTISTIC EDUATION AND CULTURE OF MIDDLETOWN AND THE SURROUNDING COMMUNITY.
-
THE PURPOSE OF THE MIDDLETOWN FINE ARTS CENTER ISEXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSEAND TO FURTHER THE ARTISTIC EDUCATION AND CULTURE OF MIDDLETOWN AND THE SURROUNDING COMMUNITY.
Expenses $245,392
As filed on the 2023 return.
Listed in Part VII
-
Jack HowardJACK HOWARD
CO CHAIR EXHIBITS
- Total calculated
- $0
- Hours/week
- 2
-
Richard M DaviesRICHARD M DAVIES
EXHIBITS CO CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Peggy TrimblePEGGY TRIMBLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Nancy PetersonNANCY PETERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Cathie MulliganCATHIE MULLIGAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Janis NeinJANIS NEIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Julie NickellJULIE NICKELL
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Fran MorrisonFRAN MORRISON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Anita ShewANITA SHEW
DEVELOPEMENT CO CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Ray PetersonRAY PETERSON
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Marilyn NollMARILYN NOLL
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
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
- 22 April 2024
- IRS schema version
- 2023v5.0
- Source object
- 202411669349300311
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