Form 990 for tax year 2023
Filed by ARTS FOUNDATION FOR MARTIN COUNTY INC.
Totals
- Total revenue
- $293,018
- Total expenses
- $245,775
- Contributions and grants received
- $211,505
- Grants paid
- $63,997
- Program service revenue
- $80,407
- Investment income
- $1,106
- Other revenue
- $0
- Total assets, end of year
- $183,381
- Total liabilities, end of year
- $31,868
- Net assets or fund balances, end of year
- $151,513
- Program services expenses (Part IX)
- $222,983
- Management and general expenses
- $17,298
- Fundraising expenses
- $5,494
- Program service expenses (Part III)
- $222,983
Program services were 90.7% 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.
-
1b · Membership dues
$30,351
-
1e · Government grants (contributions)
$25,000
-
1f · All other contributions, gifts and grants
$156,154
-
1g · Noncash contributions included above
$4,135
-
2a · Program service revenue: ARTS FEST
total $72,492 · related or exempt $72,492
-
2b · Program service revenue: EVENTS - MARTINARTS
total $7,915 · related or exempt $7,915
-
3 · Investment income
total $1,106 · excluded $1,106
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $63,997 · program services $63,997
-
11g · Fees: other
total $3,798 · program services $558 · management and general $3,240
-
12 · Advertising and promotion
total $14,343 · program services $4,733 · management and general $4,733 · fundraising $4,877
-
13 · Office expenses
total $2,497 · program services $2,272 · management and general $75 · fundraising $150
-
14 · Information technology
total $4,567 · program services $1,233 · management and general $3,334
-
17 · Travel
total $1,782 · program services $1,337 · management and general $267 · fundraising $178
-
20 · Interest
total $237 · management and general $237
-
23 · Insurance
total $2,836 · management and general $2,836
-
24a · Other expenses: EVENTS
total $82,530 · program services $82,530
-
24b · Other expenses: ARTIST FEES, SUPPLIES A
total $38,866 · program services $38,866
-
24c · Other expenses: STUART HIGH SCHOOL PROJ
total $24,881 · program services $24,881
-
24d · Other expenses: BANK SERVICE CHARGES
total $4,574 · program services $2,287 · management and general $2,287
-
24e · All other expenses
total $867 · program services $289 · management and general $289 · fundraising $289
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $123,613 · end of year $78,688
-
9 · Prepaid expenses and deferred charges
beginning of year $730 · end of year $420
-
15 · Other assets
beginning of year $251 · end of year $104,273
-
17 · Accounts payable and accrued expenses
beginning of year $7,274 · end of year $23,860
-
25 · Other liabilities
beginning of year $13,050 · end of year $8,008
-
27 · Net assets without donor restrictions
beginning of year $59,728 · end of year $36,693
-
28 · Net assets with donor restrictions
beginning of year $44,542 · end of year $114,820
Mission and programs · 2023
Mission
THE ARTS FOUNDATION FOR MARTIN COUNTY IS A NONPROFIT ORGANIZATION THAT DEVELOPS ACTIVITIES AND PROGRAMS THAT FOSTER AND SUPPORT THE ARTS AND CULTURAL COMMUNITY. MARTIN ARTS FOUNDATION WORKS IN PARTNERSHIP WITH THE MARTIN ARTS COUNCIL AND THE CULTURAL SECTOR IN OUR REGION.
-
ARTSFEST: TWO-DAY ARTS FESTIVAL WITH ACTIVITIES THAT INCLUDE MUSIC, FINE ART BOOTHS, CULINARY COOKING COMPETITION, COMMUNITY BOOTHS, AERIAL SILK DANCERS, AND MORE. NET REVENUE SUPPORTS OPERATIONS OF THE FOUNDATION.
Expenses $87,256 · Revenue $72,492
-
MARTINARTS AWARDS: SINCE 2003, THE MARTINARTS AWARDS HAVE BEEN A SIGNATURE EVENT OF MARTINARTS HONORING OUTSTANDING ARTISTIC, VOLUNTARY, AND PHILANTHROPIC ACHIEVEMENT IN MARTIN COUNTY, WHICH INSPIRE A PASSION FOR AND PARTICIPATION IN THE ARTS IN OUR COMMUNITY. STUDENT RECIPIENTS OF THE AWARDS ARE GIVEN SCHOLARSHIPS. NET REVENUE SUPPORTS OPERATIONS OF THE FOUNDATION.
Expenses $12,647 · Revenue $7,915
-
THE PROMOTION OF THE ARTS IN MARTIN COUNTY.
Expenses $63,997 · Grants $63,997
-
Expenses $59,083
As filed on the 2023 return.
Listed in Part VII
-
Elizabeth BonanELIZABETH BONAN
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Duncan HurdDUNCAN HURD
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Mary Ann LoomisMARY ANN LOOMIS
INTERIM TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer PowersJENNIFER POWERS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Anthony AndersonANTHONY ANDERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Neil CapozziNEIL CAPOZZI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Anita CaswellDR ANITA CASWELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Denise EhrichDENISE EHRICH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sharon HoltSHARON HOLT
MEMBER AT LARGE
- Total calculated
- $0
- Hours/week
- 2
-
Lisa Renee LudlumLISA RENEE LUDLUM
MEMBER AT LARGE
- Total calculated
- $0
- Hours/week
- 2
-
Marney E McKeeMARNEY E MCKEE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nina NicolosiNINA NICOLOSI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tom Pence CPATOM PENCE CPA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nancy TurrellNANCY TURRELL
CEO
- Total calculated
- $66,018
- From this org
- $0
- From related orgs
- $66,018
- Other
- $0
- Hours/week
- 20 + 20 related
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
-
$63,997
SUPPORTING THE ARTS COUNCILS PROGRAM SERVICES.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · SUPPORTING ARTS IN MARTIN COUNTY, FL · FL
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 August 2025
- IRS schema version
- 2023v6.0
- Source object
- 202502279349303310
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