Form 990 for tax year 2022
Filed by FRANKLIN G BURROUGHS SIMEON B CHAPIN ART MUSEUM.
Totals
- Total revenue
- $803,654
- Total expenses
- $746,911
- Contributions and grants received
- $681,005
- Grants paid
- $0
- Program service revenue
- $90,143
- Investment income
- $2,448
- Other revenue
- $30,058
- Total assets, end of year
- $632,407
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $632,407
- Program services expenses (Part IX)
- $631,461
- Management and general expenses
- $90,017
- Fundraising expenses
- $25,433
- Program service expenses (Part III)
- $631,461
Program services were 84.5% 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.
-
1c · Fundraising events
$110,161
-
1e · Government grants (contributions)
$109,864
-
1f · All other contributions, gifts and grants
$460,980
-
2a · Program service revenue: MEMBERSHIP DUES
total $65,437 · related or exempt $65,437
-
2b · Program service revenue: KIDSART
total $19,001 · related or exempt $19,001
-
2c · Program service revenue: ARTFIELDS
total $3,295 · related or exempt $3,295
-
2d · Program service revenue: WORKSHOPS
total $2,410 · related or exempt $2,410
-
3 · Investment income
total $2,448 · excluded $2,448
-
6a · Gross rents
real property $2,053
-
6b · Less rental expenses
real property $8,496
-
6c · Rental income or loss
real property -$6,443
-
6d · Net rental income or loss
total -$6,443 · excluded -$6,443
-
8a · Fundraising events: gross income
$20,822
-
8a · Fundraising events: contributions included on line 1c
$110,161
-
8b · Fundraising events: direct expenses
$20,822
-
8c · Net income from fundraising events
total $0
-
10a · Gross sales of inventory
$86,222
-
10b · Cost of goods sold
$49,721
-
10c · Net income from sales of inventory
total $36,501 · excluded $36,501
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $85,049 · program services $68,041 · management and general $8,504 · fundraising $8,504
-
6 · Compensation of disqualified persons
total $283,827 · program services $255,444 · management and general $28,383
-
10 · Payroll taxes
total $28,563 · program services $25,048 · management and general $2,856 · fundraising $659
-
11c · Fees: accounting
total $19,757 · management and general $19,757
-
11g · Fees: other
total $9,433 · management and general $8,265 · fundraising $1,168
-
12 · Advertising and promotion
total $10,873 · fundraising $10,873
-
13 · Office expenses
total $6,471 · program services $5,824 · management and general $647
-
17 · Travel
total $1,513 · management and general $1,513
-
22 · Depreciation, depletion and amortization
total $14,679 · program services $14,679
-
23 · Insurance
total $16,622 · program services $10,450 · management and general $6,172
-
24a · Other expenses: ART EXHIBITION FEES & E
total $136,054 · program services $136,054
-
24b · Other expenses: UTILITIES
total $30,405 · program services $30,405
-
24c · Other expenses: MAINTENANCE & REPAIRS
total $27,973 · program services $27,973
-
24d · Other expenses: TELEPHONE
total $15,692 · program services $14,907 · fundraising $785
-
24e · All other expenses
total $60,000 · program services $42,636 · management and general $13,920 · fundraising $3,444
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $151 · end of year $150
-
2 · Savings and temporary cash investments
beginning of year $308,028 · end of year $393,296
-
4 · Accounts receivable
beginning of year $82,569 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$417,334
-
10b · Land, buildings and equipment: accumulated depreciation
$178,773
-
10c · Land, buildings and equipment, net
beginning of year $254,516 · end of year $238,561
-
15 · Other assets
beginning of year $400 · end of year $400
-
25 · Other liabilities
beginning of year $70,000 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $468,177 · end of year $525,314
-
28 · Net assets with donor restrictions
beginning of year $107,487 · end of year $107,093
Mission and programs · 2022
Mission
THE ART MUSEUM IS DEDICATED TO BEING ONE OF THE FINEST VISUAL ARTS MUSEUMS IN THE CAROLINAS. WE STRIVE TO ENGAGE OUR COMMUNITY AND OUR VISITORS THROUGH UNIQUE EXHIBITIONS AND INTERACTIVE, EDUCATIONAL AND CREATIVE PROGRAMS FOR PEOPLE OF ALL AGES.
-
THE PURPOSE OF THIS ORGANIZATION IS TO SUPPORT AND MAINTAIN A MUSEUM IN HORRY COUNTY TO PROMOTE THE ARTS IN THE COMMUNITY BY PROVIDING EXHIBITS, CULTURAL EDUCATION, WORKSHOPS, AND OTHER ART ENRICHMENT OPPORTUNITIES.
Expenses $631,461 · Revenue $90,143
As filed on the 2022 return.
Listed in Part VII
-
Patricia GoodwinPATRICIA GOODWIN
DIRECTOR
- Total calculated
- $85,049
- From this org
- $85,049
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Brian RutenbergBRIAN RUTENBERG
HONORARY DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Tiffany AndrewsTIFFANY ANDREWS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Miriam BerrouetMIRIAM BERROUET
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Claudia BornholdtCLAUDIA BORNHOLDT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Steve CarterSTEVE CARTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
George DurantGEORGE DURANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Adam JohnsonADAM JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Kyle JohnsonKYLE JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Susan Walker KingSUSAN WALKER KING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
James NewtonJAMES NEWTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Susan SeagrovesSUSAN SEAGROVES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Jodi SimsJODI SIMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Brett YatesBRETT YATES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Nancy CaveNANCY CAVE
EMERITA
- Total calculated
- $0
- Hours/week
- 5
-
Elizabeth BentonELIZABETH BENTON
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Vern HearlVERN HEARL
CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Erin PateERIN PATE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Lineta PrichardLINETA PRICHARD
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Nora BattleNORA BATTLE
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
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
- 8 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323179349307117
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