Totals
- Total revenue
- $442,006
- Total expenses
- $307,882
- Contributions and grants received
- $176,676
- Grants paid
- $0
- Program service revenue
- $134,695
- Investment income
- $128,812
- Other revenue
- $1,823
- Total assets, end of year
- $1,716,038
- Total liabilities, end of year
- $13,759
- Net assets or fund balances, end of year
- $1,702,279
- Program services expenses (Part IX)
- $132,705
- Management and general expenses
- $175,177
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $132,705
Program services were 43.1% 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
$35,870
-
1f · All other contributions, gifts and grants
$140,806
-
2a · Program service revenue: Programs
total $134,695 · related or exempt $134,695
-
3 · Investment income
total $128,812 · related or exempt $128,812
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $1,823
-
6c · Rental income or loss
real property $1,823
-
6d · Net rental income or loss
total $1,823 · related or exempt $1,823
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $82,249 · program services $39,339 · management and general $42,910
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $6,556 · program services $3,090 · management and general $3,466
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $2,100 · management and general $2,100
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $5,520 · program services $3,120 · management and general $2,400
-
12 · Advertising and promotion
total $2,078 · program services $1,258 · management and general $820
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $23,905 · management and general $23,905
-
23 · Insurance
total $16,224 · management and general $16,224
-
24a · Other expenses: Repairs & Maintenance
total $53,576 · program services $8,302 · management and general $45,274
-
24b · Other expenses: Programming Costs/Fees
total $30,077 · program services $29,424 · management and general $653
-
24c · Other expenses: Utilities
total $24,251 · program services $9,793 · management and general $14,458
-
24d · Other expenses: Performance Fees
total $18,024 · program services $18,024
-
24e · All other expenses
total $43,322 · program services $20,355 · management and general $22,967
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $117,836 · end of year $112,660
-
2 · Savings and temporary cash investments
beginning of year $142,556 · end of year $78,163
-
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
-
10a · Land, buildings and equipment: cost or other basis
$659,184
-
10b · Land, buildings and equipment: accumulated depreciation
$194,855
-
10c · Land, buildings and equipment, net
beginning of year $488,234 · end of year $464,329
-
11 · Investments: publicly traded securities
beginning of year $845,289 · end of year $1,060,886
-
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
-
17 · Accounts payable and accrued expenses
beginning of year $1,760 · end of year $1,759
-
24 · Unsecured notes and loans payable
beginning of year $24,000 · end of year $12,000
-
27 · Net assets without donor restrictions
beginning of year $777,082 · end of year $828,982
-
28 · Net assets with donor restrictions
beginning of year $791,073 · end of year $873,297
Mission and programs · 2022
Mission
The mission of the Grinnell Area Arts Council is to enrich the community by supporting creative expression.
-
Stew Makerspace The Stew Makerspace, or "The Stew", is a program and facilitycreated to cultivate our local creative community. Located in a storefront spaceacross from the Arts Center in downtown Grinnell, the Stew hosts making spacesfor creative projects, educational classes and workshops in a variety of mediums.
Expenses $72,611 · Revenue $63,525
-
Education - The Grinnell Arts Academy provides quality after school, evening and weekend arts-related classes throughout the school year and during the summer. The arts academy programming creates a student-centered environment in which individual activities and group projects foster creative exploration through the arts, with emphasis placed on the creative process and experimentation. Directed by professional educators with the help of volunteers and college students.
Expenses $26,278 · Revenue $42,880
-
Gallery & Events - The Grinnell Arts Gallery hosts a variety of art exhibitions of regional and local artists throughout the year. Artists vary from rising up-start artists to life-long artists. The venue is open to the public and showcased each month with a reception and artist talk.
Expenses $23,009 · Revenue $27,273
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Levi Dressler
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mary Lindberg
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jane Mertens
Director
- Total calculated
- $0
- Hours/week
- 1
-
Nancy Rempel-Clower
Director
- Total calculated
- $0
- Hours/week
- 1
-
Leanna Smith
Director
- Total calculated
- $0
- Hours/week
- 1
-
Bill Menner
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sigmund Barber
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Chris Hunter
President
- Total calculated
- $0
- Hours/week
- 1
-
Kabenla Armah
Vice President
- 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
- 2022
- Filed
- 6 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202342799349301109
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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