Skip to content
Nonprofiteer
← ART CENTER SARASOTA

Form 990 for tax year 2024

Filed by ART CENTER SARASOTA.

Totals

Total revenue
$956,484
Total expenses
$852,016
Contributions and grants received
$548,702
Grants paid
$0
Program service revenue
$253,703
Investment income
$19,330
Other revenue
$134,749
Total assets, end of year
$1,276,086
Total liabilities, end of year
$76,084
Net assets or fund balances, end of year
$1,200,002
Program services expenses (Part IX)
$657,873
Management and general expenses
$141,771
Fundraising expenses
$52,372
Program service expenses (Part III)
$657,873

Program services were 77.2% 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.

  • 1b · Membership dues

    $49,036

  • 1e · Government grants (contributions)

    $49,333

  • 1f · All other contributions, gifts and grants

    $450,333

  • 2a · Program service revenue: ART EDUCATION CLASSES

    total $196,778 · related or exempt $196,778

  • 2b · Program service revenue: GALLERY & EXHIBITS

    total $56,925 · related or exempt $56,925

  • 3 · Investment income

    total $19,330 · excluded $19,330

  • 10a · Gross sales of inventory

    $62,251

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $62,251 · related or exempt $62,251

  • 11a · Other revenue: OTHER REVENUE

    total $56,048 · related or exempt $56,048

  • 11b · Other revenue: EVENT RENTALS

    total $16,450 · related or exempt $16,450

  • 11e · Other revenue, total

    $72,498

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $81,226 · program services $56,858 · management and general $18,682 · fundraising $5,686

  • 7 · Other salaries and wages

    total $302,809 · program services $211,967 · management and general $69,646 · fundraising $21,196

  • 9 · Other employee benefits

    total $6,553 · program services $4,587 · management and general $1,507 · fundraising $459

  • 10 · Payroll taxes

    total $27,972 · program services $19,580 · management and general $6,434 · fundraising $1,958

  • 11c · Fees: accounting

    total $7,880 · program services $5,516 · management and general $1,812 · fundraising $552

  • 11g · Fees: other

    total $2,584 · program services $1,809 · management and general $594 · fundraising $181

  • 12 · Advertising and promotion

    total $8,054 · program services $7,490 · fundraising $564

  • 13 · Office expenses

    total $44,197 · program services $30,938 · management and general $10,165 · fundraising $3,094

  • 22 · Depreciation, depletion and amortization

    total $28,267 · program services $19,788 · management and general $6,501 · fundraising $1,978

  • 23 · Insurance

    total $58,342 · program services $40,839 · management and general $13,419 · fundraising $4,084

  • 24a · Other expenses: ART EDUCATION

    total $88,414 · program services $88,414

  • 24b · Other expenses: GALLERY & EXHIBITS

    total $87,941 · program services $87,941

  • 24c · Other expenses: DEVELOPMENT

    total $51,210 · program services $42,549 · fundraising $8,661

  • 24d · Other expenses: REPAIR & MAINTENANCE

    total $46,546 · program services $32,582 · management and general $10,706 · fundraising $3,258

  • 24e · All other expenses

    total $10,021 · program services $7,015 · management and general $2,305 · fundraising $701

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $43,789 · end of year $90,979

  • 2 · Savings and temporary cash investments

    beginning of year $199,127 · end of year $320,245

  • 3 · Pledges and grants receivable

    beginning of year $84,109 · end of year $40,160

  • 4 · Accounts receivable

    beginning of year $11,190 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $15,535 · end of year $21,380

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

    $464,883

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

    $243,387

  • 10c · Land, buildings and equipment, net

    beginning of year $218,557 · end of year $221,496

  • 15 · Other assets

    beginning of year $687,059 · end of year $581,826

  • 17 · Accounts payable and accrued expenses

    beginning of year $24,770 · end of year $23,203

  • 19 · Deferred revenue

    beginning of year $4,878 · end of year $23,930

  • 25 · Other liabilities

    beginning of year $0 · end of year $28,951

  • 27 · Net assets without donor restrictions

    beginning of year $515,836 · end of year $730,357

  • 28 · Net assets with donor restrictions

    beginning of year $713,882 · end of year $469,645

Mission and programs · 2024

Mission

TO PROVIDE SARASOTA WITH OPPORTUNITIES FOR CREATIVE EXPRESSION AND ART APPRECIATION THROUGH ART EDUCATION, EXHIBITIONS AND CULTURAL PROGRAMS.

  • ART CENTER SARASOTA OFFERS CREATIVE OPPORTUNITIES THAT ARE AFFORDABLE AND ACCESSIBLE TO THE ENTIRE COMMUNITY WITH CURATED AND JURIED EXHIBITIONS, CLASSES, WORKSHOPS AND EDUCATIONAL PROGRAMS FOR YOUTH AND ADULTS PLUS SPECIAL EVENTS EACH YEAR.

    Expenses $657,873 · Revenue $253,703

As filed on the 2024 return.

Listed in Part VII

  • Mary Davis Wallace

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    5

  • Brenda Griffiths

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    4

  • Ellen Seidensticker

    SECRETARY

    Total calculated
    $0
    Hours/week
    4

  • Cathy Wilson

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • Barbara Banks

    MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Michael Kinsey

    MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Katherine Ceaser

    EXECUTIVE DIRECTOR

    Total calculated
    $61,031
    From this org
    $61,031
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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
11 June 2026
IRS schema version
2024v5.5
Source object
202602269349300810

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.