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Nonprofiteer
← SUMMIT ARTSPACE

Form 990 for tax year 2022

Filed by SUMMIT ARTSPACE.

Totals

Total revenue
$359,966
Total expenses
$317,700
Contributions and grants received
$234,750
Grants paid
$0
Program service revenue
$131,684
Investment income
$21
Other revenue
-$6,489
Total assets, end of year
$327,392
Total liabilities, end of year
$66,791
Net assets or fund balances, end of year
$260,601
Program services expenses (Part IX)
$197,222
Management and general expenses
$79,840
Fundraising expenses
$40,638
Program service expenses (Part III)
$197,222

Program services were 62.1% 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

    $29,032

  • 1e · Government grants (contributions)

    $15,196

  • 1f · All other contributions, gifts and grants

    $190,522

  • 1g · Noncash contributions included above

    $8,300

  • 2a · Program service revenue: STUDIO RENTALS

    total $68,956 · related or exempt $68,956

  • 2b · Program service revenue: ARTIST & COMMUNITY PROGRAMS

    total $28,939 · related or exempt $28,939

  • 2c · Program service revenue: ART SALES

    total $9,445 · related or exempt $9,445

  • 2d · Program service revenue: PARTICIPATION FEES

    total $8,945 · related or exempt $8,945

  • 2e · Program service revenue: FISCAL SPONSORSHIP INCOME

    total $5,990 · related or exempt $5,990

  • 2f · All other program service revenue

    total $9,409 · related or exempt $9,409

  • 3 · Investment income

    total $21 · excluded $21

  • 8a · Fundraising events: gross income

    $6,880

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

    $29,032

  • 8b · Fundraising events: direct expenses

    $16,109

  • 8c · Net income from fundraising events

    total -$9,229 · excluded -$9,229

  • 11a · Other revenue: MISCELLANEOUS

    total $2,740 · excluded $2,740

  • 11e · Other revenue, total

    $2,740

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $69,197 · program services $23,066 · management and general $23,066 · fundraising $23,065

  • 7 · Other salaries and wages

    total $92,901 · program services $69,850 · management and general $17,025 · fundraising $6,026

  • 10 · Payroll taxes

    total $12,874 · program services $7,292 · management and general $3,305 · fundraising $2,277

  • 11c · Fees: accounting

    total $4,759 · management and general $4,759

  • 11g · Fees: other

    total $28,513 · program services $11,373 · management and general $17,100 · fundraising $40

  • 12 · Advertising and promotion

    total $6,245 · program services $4,850 · fundraising $1,395

  • 13 · Office expenses

    total $1,285 · management and general $1,285

  • 14 · Information technology

    total $10,857 · program services $6,133 · management and general $4,724

  • 16 · Occupancy

    total $35,015 · program services $35,015

  • 19 · Conferences, conventions and meetings

    total $1,080 · program services $768 · management and general $312

  • 22 · Depreciation, depletion and amortization

    total $6,211 · management and general $6,211

  • 24a · Other expenses: GALLERY EXPENSES

    total $20,474 · program services $20,474

  • 24b · Other expenses: OTHER

    total $9,762 · program services $1,271 · management and general $1,278 · fundraising $7,213

  • 24c · Other expenses: ARTIST & COMMUNITY PROGR

    total $8,830 · program services $8,830

  • 24d · Other expenses: IN-KIND EXPENSES

    total $8,300 · program services $8,300

  • 24e · All other expenses

    total $1,397 · management and general $775 · fundraising $622

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $39,783 · end of year $130,314

  • 2 · Savings and temporary cash investments

    beginning of year $44,607 · end of year $39,628

  • 4 · Accounts receivable

    beginning of year $10,124 · end of year $8,558

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,069 · end of year $2,131

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

    $245,047

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

    $105,443

  • 10c · Land, buildings and equipment, net

    beginning of year $145,815 · end of year $139,604

  • 12 · Investments: other securities

    beginning of year $6,501 · end of year $7,157

  • 17 · Accounts payable and accrued expenses

    beginning of year $27,992 · end of year $17,547

  • 19 · Deferred revenue

    beginning of year $250

  • 25 · Other liabilities

    beginning of year $12,984 · end of year $49,244

  • 27 · Net assets without donor restrictions

    beginning of year $212,673 · end of year $260,601

Mission and programs · 2022

Mission

SUMMIT ARTSPACE CONNECTS ARTISTS AND ARTIST-SERVING ORGANIZATIONS TO THE COMMUNITY AND TO THE RESOURCES THEY NEED TO THRIVE PROFESSIONALLY, CREATIVELY, AND FINANCIALLY. ITS CORE VALUES OF CREATIVITY, COLLABORATION, AND COMMUNITY GUIDE THE CURRENT STRATEGIC PLAN, WHICH FOCUSES ON SIX KEY PRIORITY AREAS: 1) SUPPORTING ARTISTS AT ALL LEVELS OF THEIR CREATIVE JOURNEY, 2) ENCOURAGING PARTICIPATION IN THE ARTS THROUGH EDUCATION AND OUTREACH, 3) SERVING AS A VITAL CREATIVE RESOURCE FOR THE COMMUNITY, 4) INCREASING AWARENESS AND VISIBILITY THROUGHOUT THE COMMUNITY, 5) BUILDING FINANCIAL SUSTAINABILITY THROUGH REVENUE GROWTH AND 6) DIVERSIFYING ARTISTS WE SERVE. ADDITIONALLY, SUMMIT ARTSPACE SEEKS TO BUILD PUBLIC AWARENESS CONCERNING THE VALUE OF ARTISTS AS CONTRIBUTORS TO OUR AREA'S CREATIVE ECONOMY, QUALITY OF LIFE, AND PLACE-MAKING FOR THOSE THAT LIVE, WORK OR GO TO SCHOOL IN SUMMIT AND CONTIGUOUS COUNTIES.

Activities or mission (Part I)

SUMMIT ARTSPACE IS A COMMUNITY-BASED NONPROFIT ARTS INCUBATOR THAT PROVIDES A NURTURING ENVIRONMENT FOR ARTISTS AT ALL PHASES OF THEIR CREATIVE JOURNEYS. VITAL RESOURCES INCLUDE PHYSICAL SPACE, ARTIST-CENTERED PROGRAMS AND PUBLIC EVENTS. SUMMIT ARTSPACE PARTNERS WITH THE COUNTY OF SUMMIT, WHICH OWNS ITS HISTORIC AKRON BUILDING, TO OFFER ARTIST STUDIOS FOR RENT, GALLERIES FOR EXHIBITIONS, CLASSROOMS FOR WORKSHOPS, OFFICES FOR ARTS ORGANIZATIONS, AND PERFORMANCE AND EVENT SPACE. A.STUDIO AND OFFICE SPACE ENABLES VISUAL, PERFORMING AND LITERARY ARTISTS TO INTERACT IN A SUPPORTIVE, GROWING COMMUNITY. B.SUMMIT ARTSPACE OFFERS EDUCATIONAL AND PROFESSIONAL DEVELOPMENT PROGRAMS FOR ESTABLISHED AND EMERGING ARTISTS, AS WELL AS CREATIVE EXPERIENCES FOR ALL AGES. THE ARTIST LAUNCHPAD-A COHORT-BASED MULTI-WEEK PROGRAM TO ASSIST CREATIVES IN LAYING THE FOUNDATION OF BUSINESS OPERATIONS -IS A SIGNATURE PROGRAM. C.WORKSHOPS AND PUBLIC EVENTS ARE OFFERED AT FREE OR REDUCED FEES TO ENCOURAGE BROAD COMM

  • SUMMIT ARTSPACE IS HOME TO FIVE GALLERIES: THE TAYLOR MAIN GALLERY, INTERSECTIONS GALLERY, WELCOME GALLERY, HORIZONS GALLERY AND FORUM GALLERY. THESE GALLERIES HOST OVER 25 EXHIBITIONS A YEAR, FEATURING LOCAL ARTISTS AND ENGAGING THOUSANDS OF VISITORS, BOTH IN-PERSON AND VIRTUALLY. QUARTERLY EXHIBITION CYCLES FEATURE A WIDE VARIETY OF ARTISTS AND VISUAL MEDIUMS, AND A COMBINATION OF JURIED, SOLO AND GROUP ARTIST EXHIBITIONS. SUMMIT ARTSPACE MAINTAINS PUBLIC HOURS ON FRIDAYS AND SATURDAYS AND SPECIAL EVENTS. SUMMIT ARTSPACE CURATE SPACES THROUGHOUT THE COMMUNITY TO DISPLAY ART TO OVER 30,000 INDIVIDUALS DURING THEIR DAILY ACTIVITIES.

    Expenses $75,676 · Revenue $10,815

  • PROGRAMS TO ASSIST ARTISTS WITH WRAPAROUND CARE AND PROFESSIONAL SKILLS ARE AN IMPORTANT OPPORTUNITY FOR SUMMIT ARTSPACE TO IMPLEMENT THE AKRON CULTURAL PLAN ACROSS MULTIPLE PRIORITIES, INCLUDING TALENT DEVELOPMENT. A SIGNATURE OFFERING IS ITS ARTIST CARE PROGRAMS (ARTIST LAUNCHPAD, PROFESSIONAL PRACTICE, AND ONE-TO-ONE), WHICH PROVIDE ENTREPRENEURIAL AND SKILL-BUILDING SESSIONS FROM LOCAL ARTISTS AND CONTENT EXPERTS TO SUPPORT ARTISTS AS THEY DEVELOP THEIR PRACTICES. PARTICIPATING ARTISTS REPRESENT MULTIPLE MEDIUMS INCLUDING THEATRE, DANCE AND VISUAL ART. PROGRAMS ARE OFFERED ON A SLIDING SCALE, AND MOST OFFER SCHOLARSHIPS TO PARTICIPANTS WHO REQUIRE FINANCIAL SUPPORT. SUMMIT ARTSPACE ALSO COLLABORATES WITH LOCAL ARTISTS AND ARTS/CULTURE ORGANIZATIONS TO OFFER REHEARSAL, MEETING, INSTRUCTION AND SPACE AT AN IN-KIND OR REDUCED RATE.

    Expenses $49,858 · Revenue $34,929

  • SUMMIT ARTSPACE IS HOME TO NEARLY 30 ARTISTS AND ARTIST-SERVING ORGANIZATIONS FOR WORKING STUDIO SPACE THAT ALLOW ARTISTS TO CREATE WORK AND ENGAGE WITH THE PUBLIC. THE BUILDING, FORMALLY THE HEADQUARTERS OF THE AKRON BEACON JOURNAL AND THE AKRON PUBLIC LIBRARY, IS OWNED BY THE COUNTY OF SUMMIT, WHICH IS A VALUED PARTNER IN ENSURING FREE AND PUBLIC ACCESS TO THE ARTS. SUMMIT ARTSPACE PRODUCES PUBLIC PROGRAMS THAT ENCOURAGE A ROBUST AND SUSTAINED "EXCHANGE" BETWEEN THE NORTHEAST OHIO RESIDENTS AND SUMMIT COUNTY ARTISTS. OUTCOMES INCLUDE INCREASED ARTS ENGAGEMENT, DIRECT CONNECTIONS WITH LOCAL ARTISTS, AND ARTWORK SALES. EVENTS INCLUDE ARTWALK, ARTIST SUNDAY, THE ARTS ALIVE AWARDS, AND COLLABORATIONS WITH OTHER ORGANIZATIONS SUCH AS JUNIOR LEADERSHIP AKRON AND THE STATE OF OHIO POET LAUREATE.

    Expenses $71,688 · Revenue $85,940

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

Listed in Part VII

  • Heather Meeker

    EXECUTIVE DI

    Total calculated
    $69,197
    From this org
    $66,842
    From related orgs
    $0
    Other
    $2,355
    Hours/week
    40
  • Gina Betti

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Lou Camerato

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Linda Diefendorff

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Kristen Dowey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Megann Eberhart

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • John Fitzpatrick

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Kurt Kleidon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Diane Lightner

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Nikki Marchmon-Boykin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jill Oldham

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Roberta Rogers

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Starleen Saulsberry

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Michele Setzer

    TRUSTEE, RES

    Total calculated
    $0
    Hours/week
    1
  • Stephanie Smith

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Crystal Snyder

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Karen Starr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Michael Steel

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2
  • Robert Trattner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Larry Tucker

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

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
5 May 2024
IRS schema version
2022v5.0
Source object
202421309349304822

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