Form 990 for tax year 2024
Filed by AUGUSTA FOUNDATION FOR THE ARTS INC.
Totals
- Total revenue
- $75,735
- Total expenses
- $877,463
- Contributions and grants received
- $0
- Grants paid
- $869,946
- Program service revenue
- $0
- Investment income
- $75,735
- Other revenue
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $877,463
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $877,463
Program services were 100.0% 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.
-
3 · Investment income
total $75,735 · excluded $75,735
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $869,946 · program services $869,946
-
11a · Fees: management
total $6,608 · program services $6,608
-
11c · Fees: accounting
total $909 · program services $909
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $801,728 · end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $801,728 · end of year $0
Mission and programs · 2024
Mission
TO SECURE AND PROVIDE FINANCIAL SUPPORT FOR THE PROGRAMS AND ARTS RELATED ACTIVITIES OF THE GREATER AUGUSTA ARTS COUNCIL, INC.
Activities or mission (Part I)
TO SUPPORT THE PROGRAMS AND ACTIVITIES OF THE GREATER AUGUSTA ARTS COUNCIL, INC. BY UTILIZING THE ARTS AND CULTURAL ACTIVITIES TO IMPROVE THE QUALITY OF LIFE FOR THE RESIDENCES OF AUGUSTA.
-
TO SECURE AND PROVIDE FINANCIAL SUPPORT FOR THE PROGRAMS AND ARTS RELATED ACTIVITIES OF THE GREATER AUGUSTA ARTS COUNCIL, INC.
Expenses $877,463 · Grants $869,946
-
ASSISTED THE GREATER ARTS COUNCIL IN INITIATING IMPLEMENTATION OF THE ARTS AND CULTURAL ACTION PLAN.
As filed on the 2024 return.
Listed in Part VII
-
KEVIN GROGAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
DAYTON L SHERROUSE
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
BRENDA DURANT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DENNIS SKELLY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
PAIGE TOM
BOARD MEMBER
- 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
-
$30,000
TO SUPPORT
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
Liquidation · ENDOWMENT FUND · Jun 30, 2025 · 501(C)(3)
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 8 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202621289349301647
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