Form 990 for tax year 2024
Filed by ARTISTS COLLECTIVE SPARTANBURG INC.
Totals
- Total revenue
- $182,760
- Total expenses
- $154,689
- Contributions and grants received
- $97,352
- Grants paid
- $0
- Program service revenue
- $76,398
- Investment income
- $2,823
- Other revenue
- $6,187
- Total assets, end of year
- $773,824
- Total liabilities, end of year
- $596,164
- Net assets or fund balances, end of year
- $177,660
- Program services expenses (Part IX)
- $115,443
- Management and general expenses
- $32,154
- Fundraising expenses
- $7,092
- Program service expenses (Part III)
- $115,443
Program services were 74.6% 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.
-
1e · Government grants (contributions)
$46,848
-
1f · All other contributions, gifts and grants
$50,504
-
2a · Program service revenue: MEMBERSHIP DUES
total $61,513 · related or exempt $61,513
-
2b · Program service revenue: JURIED EXHIBIT
total $14,190 · related or exempt $14,190
-
2c · Program service revenue: WORKSHOP FEES
total $695 · related or exempt $695
-
3 · Investment income
total $2,858 · excluded $2,858
-
7b · Less cost or other basis and sales expenses
securities $35
-
7c · Gain or loss
securities -$35
-
7d · Net gain or loss
total -$35 · excluded -$35
-
10a · Gross sales of inventory
$45,105
-
10b · Cost of goods sold
$38,943
-
10c · Net income from sales of inventory
total $6,162 · related or exempt $6,162
-
11a · Other revenue: MISCELLENOUS
total $25 · related or exempt $25
-
11e · Other revenue, total
$25
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $36,763 · program services $7,353 · management and general $23,896 · fundraising $5,514
-
10 · Payroll taxes
total $3,990 · program services $798 · management and general $2,594 · fundraising $598
-
12 · Advertising and promotion
total $17,618 · program services $16,738 · fundraising $880
-
13 · Office expenses
total $1,990 · program services $1,890 · fundraising $100
-
16 · Occupancy
total $34,619 · program services $34,619
-
19 · Conferences, conventions and meetings
total $46 · program services $46
-
20 · Interest
total $10,890 · program services $10,890
-
22 · Depreciation, depletion and amortization
total $10,832 · program services $10,832
-
23 · Insurance
total $10,225 · program services $10,225
-
24a · Other expenses: EXHIBITION EXPENSES
total $14,069 · program services $14,069
-
24b · Other expenses: COMMITTEE EXPENSES
total $7,430 · program services $7,430
-
24c · Other expenses: SERVICE FEES
total $6,011 · program services $347 · management and general $5,664
-
24d · Other expenses: FRIENDS OF WMAC
total $206 · program services $206
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $50,709 · end of year $72,350
-
2 · Savings and temporary cash investments
beginning of year $25,000 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$602,435
-
10b · Land, buildings and equipment: accumulated depreciation
$22,115
-
10c · Land, buildings and equipment, net
beginning of year $591,152 · end of year $580,320
-
15 · Other assets
beginning of year $83,034 · end of year $121,154
-
22 · Loans and payables to officers and key people
beginning of year $586,232 · end of year $570,939
-
25 · Other liabilities
beginning of year $21,276 · end of year $25,225
-
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 $142,387 · end of year $177,660
Mission and programs · 2024
Mission
THE PURPOSE OF THE ARTISTS COLLECTIVE SPARTANBURG, INC. IS TO PROVIDE A FORUM AND HOME FOR THE ARTS AND THE CREATIVE POPULATION OF THE AREA, AND TO PROVIDE FACILITIES AND SERVICES AVAILABLE TO ARTIST MEMBERS WHO NEED A PLACE TO EXHIBIT, PERFORM OR CREATE THEIR ORIGINAL ARTWORK, ESPECIALLY THOSE WHO CANNOT OBTAIN SPACE TO EXHIBIT OR PERFORM FROM TRADITIONAL SOURCES BECAUSE OF FINANCIAL OR OTHER LIMITATIONS.
-
TO PROVIDE AFFORDABLE WORKSPACE FOR LOCAL ARTISTS TO WORK, COLLABORATE, AND EXHIBIT WORK.
Expenses $115,443 · Revenue $82,585
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
George Brandt IIIGEORGE BRANDT III
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
William MayroseWILLIAM MAYROSE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Erin StricklandERIN STRICKLAND
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Coleman EdmundsCOLEMAN EDMUNDS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Peter GrzanPETER GRZAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Laura PinkleyLAURA PINKLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Beth RegulaBETH REGULA
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Craig DeneshaCRAIG DENESHA
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Dennis RegulaDENNIS REGULA
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Kimberly Christopher RodriguezKIMBERLY CHRISTOPHER RODRIGUEZ
SECRETARY
- 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
- 2024
- Filed
- 29 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533039349302068
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