Form 990 for tax year 2023
Filed by SANDY SPRINGS ARTS FOUNDATION INC.
Totals
- Total revenue
- $166,696
- Total expenses
- $432,790
- Contributions and grants received
- $149,420
- Grants paid
- $283,000
- Program service revenue
- $0
- Investment income
- $17,276
- Other revenue
- $0
- Total assets, end of year
- $762,536
- Total liabilities, end of year
- $11,335
- Net assets or fund balances, end of year
- $751,201
- Program services expenses (Part IX)
- $340,635
- Management and general expenses
- $75,541
- Fundraising expenses
- $16,614
- Program service expenses (Part III)
- $340,635
Program services were 78.7% 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.
-
1f · All other contributions, gifts and grants
$149,420
-
1g · Noncash contributions included above
$191,783
-
3 · Investment income
total $17,276 · related or exempt $17,276
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
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 $283,000 · program services $283,000
-
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 $76,814 · program services $38,407 · management and general $26,885 · fundraising $11,522
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $3,186 · program services $1,593 · management and general $1,115 · fundraising $478
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $33,544 · management and general $33,544
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $459 · management and general $459
-
12 · Advertising and promotion
total $89 · fundraising $89
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $4,200 · management and general $4,200
-
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 $0
-
23 · Insurance
total $2,183 · management and general $2,183
-
24a · Other expenses: Grants for Support of the Arts
total $17,408 · program services $17,408
-
24b · Other expenses: Bad Debt Expense
total $5,000 · management and general $5,000
-
24c · Other expenses: Fundraising Expenses
total $4,525 · fundraising $4,525
-
24d · Other expenses: Supplies
total $2,382 · program services $227 · management and general $2,155
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $95,794 · end of year $17,164
-
2 · Savings and temporary cash investments
beginning of year $613,940 · end of year $547,982
-
3 · Pledges and grants receivable
beginning of year $331,755 · end of year $192,342
-
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
beginning of year $38,895 · end of year $5,048
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
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
-
17 · Accounts payable and accrued expenses
beginning of year $63,089 · end of year $11,335
-
27 · Net assets without donor restrictions
beginning of year $685,340 · end of year $499,059
-
28 · Net assets with donor restrictions
beginning of year $331,955 · end of year $252,142
Mission and programs · 2023
Mission
The organizations mission is to provide all Sandy Springs residents with access to life-enriching art experiences, and arts educational opportunities. We exist to enhance the quality of life for Sandy Springs residents by providing financial support to local organizations.
-
Raising funds to provide grants to organizations and schools. Execute shows at the Sandy Springs Performing Arts Center.
Expenses $340,635 · Grants $300,408
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Maureen Darcy
Foundation Mgr.
- Total calculated
- $76,814
- From this org
- $76,814
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Meade Sutterfield
Chairman
- Total calculated
- $0
- Hours/week
- 5
-
Bill Henagan
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Jennifer Barnes
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Ken Byers
Past Chairman
- Total calculated
- $0
- Hours/week
- 5
-
Jan Collins
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Laurie Kirkegaard
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Kim McAfee
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
John Ray
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Scott Smith
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Robyn Spizman
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
-
City of Sandy Springs Inc
$185,000
Art Education
-
$50,000
Art Education
-
$10,000
Arts Education
-
$8,250
Arts Education
-
Riverwood Intl Charter School
$8,250
Arts Education
-
Arts Education
-
North Springs Theater
$8,250
Arts Education
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433169349301548
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