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Nonprofiteer
← CINCINNATI ARTS ASSOCIATION

Form 990 for tax year 2022

Filed by CINCINNATI ARTS ASSOCIATION.

Totals

Total revenue
$19,072,039
Total expenses
$16,651,208
Contributions and grants received
$2,213,691
Grants paid
$36,000
Program service revenue
$13,307,474
Investment income
$1,899,119
Other revenue
$1,651,755
Total assets, end of year
$59,551,647
Total liabilities, end of year
$6,966,828
Net assets or fund balances, end of year
$52,584,819
Program services expenses (Part IX)
$12,856,023
Management and general expenses
$3,361,617
Fundraising expenses
$433,568
Program service expenses (Part III)
$12,856,023

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.

  • 1a · Federated campaigns

    $50,000

  • 1b · Membership dues

    $186,924

  • 1c · Fundraising events

    $25,600

  • 1e · Government grants (contributions)

    $811,801

  • 1f · All other contributions, gifts and grants

    $1,139,366

  • 1g · Noncash contributions included above

    $249,649

  • 2a · Program service revenue: Performance & Facility

    total $11,842,515 · related or exempt $11,842,515

  • 2b · Program service revenue: Performing Arts

    total $1,270,175 · related or exempt $1,270,175

  • 2c · Program service revenue: Education Program Income

    total $173,415 · related or exempt $173,415

  • 2d · Program service revenue: Western Art Gallery

    total $21,369 · related or exempt $21,369

  • 3 · Investment income

    total $1,371,689 · excluded $1,371,689

  • 6a · Gross rents

    real property $169,298

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $169,298

  • 6d · Net rental income or loss

    total $169,298 · excluded $169,298

  • 7a · Gross sales of assets other than inventory

    securities $5,126,029

  • 7b · Less cost or other basis and sales expenses

    securities $4,598,599

  • 7c · Gain or loss

    securities $527,430

  • 7d · Net gain or loss

    total $527,430 · excluded $527,430

  • 8a · Fundraising events: gross income

    $101,036

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

    $25,600

  • 8b · Fundraising events: direct expenses

    $34,579

  • 8c · Net income from fundraising events

    total $66,457 · excluded $66,457

  • 10a · Gross sales of inventory

    $1,983,457

  • 10b · Cost of goods sold

    $627,257

  • 10c · Net income from sales of inventory

    total $1,356,200 · excluded $1,356,200

  • 11a · Other revenue: Miscellaneous Income

    total $59,800 · excluded $59,800

  • 11e · Other revenue, total

    $59,800

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $36,000 · program services $36,000

  • 5 · Compensation of officers, directors and key employees

    total $1,196,722 · program services $190,017 · management and general $780,682 · fundraising $226,023

  • 7 · Other salaries and wages

    total $7,608,964 · program services $6,194,339 · management and general $1,314,360 · fundraising $100,265

  • 8 · Pension plan contributions

    total $256,342 · program services $253,915 · management and general $1,154 · fundraising $1,273

  • 9 · Other employee benefits

    total $879,492 · program services $767,831 · management and general $92,685 · fundraising $18,976

  • 10 · Payroll taxes

    total $763,158 · program services $675,352 · management and general $63,555 · fundraising $24,251

  • 11b · Fees: legal

    total $15,407 · program services $176 · management and general $15,231

  • 11c · Fees: accounting

    total $111,500 · program services $111,500

  • 11f · Fees: investment management

    total $191,899 · management and general $191,899

  • 11g · Fees: other

    total $245,269 · program services $46,367 · management and general $198,902

  • 12 · Advertising and promotion

    total $129,537 · program services $36,000 · management and general $52,327 · fundraising $41,210

  • 13 · Office expenses

    total $473,646 · program services $72,469 · management and general $390,851 · fundraising $10,326

  • 16 · Occupancy

    total $526,955 · program services $526,955

  • 17 · Travel

    total $92,265 · program services $50,975 · management and general $34,338 · fundraising $6,952

  • 22 · Depreciation, depletion and amortization

    total $215,070 · program services $214,475 · management and general $595

  • 23 · Insurance

    total $157,200 · program services $21,882 · management and general $135,318

  • 24a · Other expenses: Production

    total $2,485,748 · program services $2,485,748

  • 24b · Other expenses: Education and Community

    total $460,366 · program services $460,366

  • 24c · Other expenses: Repairs & Maintenance

    total $304,466 · program services $304,466

  • 24d · Other expenses: Other

    total $297,814 · program services $279,004 · management and general $18,810

  • 24e · All other expenses

    total $203,388 · program services $128,186 · management and general $70,910 · fundraising $4,292

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $12,848,108 · end of year $10,536,174

  • 3 · Pledges and grants receivable

    beginning of year $836,370 · end of year $1,045,823

  • 4 · Accounts receivable

    beginning of year $530,152 · end of year $308,954

  • 8 · Inventories for sale or use

    beginning of year $46,756 · end of year $57,854

  • 9 · Prepaid expenses and deferred charges

    beginning of year $91,741 · end of year $125,199

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

    $13,329,618

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

    $7,838,247

  • 10c · Land, buildings and equipment, net

    beginning of year $2,682,552 · end of year $5,491,371

  • 11 · Investments: publicly traded securities

    beginning of year $36,769,147 · end of year $39,536,591

  • 15 · Other assets

    beginning of year $2,398,314 · end of year $2,449,681

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,474,979 · end of year $1,962,418

  • 19 · Deferred revenue

    beginning of year $1,755,681 · end of year $3,154,512

  • 21 · Escrow or custodial account liability

    beginning of year $1,552,031 · end of year $1,661,907

  • 25 · Other liabilities

    beginning of year $562,500 · end of year $187,991

  • 27 · Net assets without donor restrictions

    beginning of year $15,761,426 · end of year $17,448,122

  • 28 · Net assets with donor restrictions

    beginning of year $33,096,523 · end of year $35,136,697

Mission and programs · 2022

Mission

The Cincinnati Arts Association (CAA), a not-for-profit, was founded in 1990 to serve as a manager, presenter and educator. CAA's mission is to present a broad range of high quality performing and visual arts programs, develop diverse audiences, foster an appreciation of the arts and an understanding of their forms, and encourage the use of CAA facilities by local and regional arts organizations.

Activities or mission (Part I)

To present a broad range of high quality performing and visual arts programs, develop diverse audiences, foster an appreciation of the arts and an understanding of their forms, and encourage the use of CAA facilities by local and regional arts organizations.

  • Each season, CAA presents an eclectic mix of approximately one dozen performing arts events from around the world designed to reach diverse audiences, with special attention to the Tri-state's minority communities (African-American, Asian-American, Hispanic/Latino, etc.).

    Expenses $11,713,820 · Revenue $13,111,070

  • As the region's premier promoter of the arts and entertainment, the Cincinnati Arts Association (CAA) promotes life-long engagement in the arts while contributing to individual, organizational, and community wellness. CAA's Education & Community Engagement Department cultivates diverse, inclusive, and accessible arts engagements, seeking to remove barriers preventing arts participation. Committed to a practice of antiracism, the Education and Community Engagement Department encourages the use of CAA venues, develops diverse arts supporters, and fosters an appreciation and understanding of diverse arts disciplines, while encouraging and supporting practicing arts educators and administrators, audiences, and aspiring artists.

    Expenses $732,534 · Revenue $173,415

  • The popular Weston Art Gallery (located in the Aronoff Center) specializes in the work of local and regional artists and is the only gallery in the area that can be dedicated to location-specific works.In the heart of downtown Cincinnati's restaurant and theater district for more than 27 years, the Cincinnati Arts Association's Weston Art Gallery is acclaimed for its support of emerging and professional artists working in all media, locally and throughout the region.With galleries on two levels and 3,500 square feet of exhibition space, the Weston offers one-on-one assistance and support to artists to showcase their work in museum-quality environs through a diverse slate of exhibitions.

    Expenses $409,669 · Grants $36,000 · Revenue $22,989

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jeanette Altenau

    Special VP, Community Relations

    Total calculated
    $0
    Hours/week
    1

  • Marvin Hawkins

    Trustee - Exit 01/23

    Total calculated
    $0
    Hours/week
    1

  • Nathan Paszczykowski

    Trustee - Exit 01/23

    Total calculated
    $0
    Hours/week
    1

  • Philip J Schworer

    Trustee - Exit 01/23

    Total calculated
    $0
    Hours/week
    1

  • Robert S Chavez

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Otto M Budig Jr

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Maribeth S Rahe

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Dudley S Taft

    Chairman

    Total calculated
    $0
    Hours/week
    1

  • Carol M Beyersdofer

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Rich Kiley

    Special Vice-President

    Total calculated
    $0
    Hours/week
    1

  • J Stephen Dobbins

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Matthew Geerlings

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Toilynn O'Neal Turner

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Laura Carr

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Marvel Gentry Harmon

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Edward G Marks

    Emeritus

    Total calculated
    $0
    Hours/week
    1

  • Aftab Pureval

    Ex-Officio

    Total calculated
    $0
    Hours/week
    1

  • Stephen A Loftin

    President

    Total calculated
    $349,847
    From this org
    $325,875
    From related orgs
    $0
    Other
    $23,972
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $272,065
    Bonus
    $50,000
    Other
    $3,810
    Deferred
    $9,939
    Nontaxable benefits
    $14,033
    Filer's total
    $349,847

  • Benjamin T Reece

    Vice President and CFO

    Total calculated
    $153,480
    From this org
    $146,179
    From related orgs
    $0
    Other
    $7,301
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $146,179
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $7,301
    Filer's total
    $153,480

  • Todd Duesing-exit 0723

    Vice President and COO

    Total calculated
    $192,180
    From this org
    $177,659
    From related orgs
    $0
    Other
    $14,521
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $152,211
    Bonus
    $25,000
    Other
    $448
    Deferred
    $5,370
    Nontaxable benefits
    $9,151
    Filer's total
    $192,180

  • Brenda Carter

    Vice President Human Resou

    Total calculated
    $133,566
    From this org
    $111,998
    From related orgs
    $0
    Other
    $21,568
    Hours/week
    45

  • Deborah Morgan

    Vice President Development

    Total calculated
    $123,971
    From this org
    $111,998
    From related orgs
    $0
    Other
    $11,973
    Hours/week
    40

  • Joyce Bonomini

    Vice President Education

    Total calculated
    $119,239
    From this org
    $109,333
    From related orgs
    $0
    Other
    $9,906
    Hours/week
    45

  • Van Ackerman

    Vice President, Marketing

    Total calculated
    $124,439
    From this org
    $113,751
    From related orgs
    $0
    Other
    $10,688
    Hours/week
    40

  • Thomas Kidney

    Stagehand

    Total calculated
    $144,741
    From this org
    $120,109
    From related orgs
    $0
    Other
    $24,632
    Hours/week
    40

  • Robert Haas-Exit 012023

    Technical Director

    Total calculated
    $115,818
    From this org
    $115,818
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Kevin Eviston

    Electrician

    Total calculated
    $112,918
    From this org
    $112,918
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Steve Schofield

    Electrician

    Total calculated
    $109,735
    From this org
    $109,735
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Terrance Sheridan

    Stagehand

    Total calculated
    $103,641
    From this org
    $103,641
    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
12 July 2024
IRS schema version
2022v5.0
Source object
202401979349301220

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