Totals
- Total revenue
- $698,359
- Total expenses
- $694,302
- Contributions and grants received
- $143,417
- Grants paid
- $0
- Program service revenue
- $484,482
- Investment income
- $31,120
- Other revenue
- $39,340
- Total assets, end of year
- $1,294,906
- Total liabilities, end of year
- $128,606
- Net assets or fund balances, end of year
- $1,166,300
- Program services expenses (Part IX)
- $547,123
- Management and general expenses
- $147,179
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $547,123
Program services were 78.8% 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)
$110,917
-
1f · All other contributions, gifts and grants
$32,500
-
2a · Program service revenue: PROGRAM SERVICES-CLASSES&CAMP
total $396,390 · related or exempt $396,390
-
2b · Program service revenue: PROGRAM SERVICES-ART IN PUBLI
total $32,500 · related or exempt $32,500
-
2c · Program service revenue: PROGRAM SERVICES - YOUTH CHOR
total $27,160 · related or exempt $27,160
-
2d · Program service revenue: MEMBERSHIPS
total $13,295 · related or exempt $13,295
-
2e · Program service revenue: PROGRAM SERVICES - ART THERAP
total $11,200 · related or exempt $11,200
-
2f · All other program service revenue
total $3,937 · related or exempt $3,937
-
3 · Investment income
total $31,120 · excluded $31,120
-
8a · Fundraising events: gross income
$118,463
-
8b · Fundraising events: direct expenses
$99,007
-
8c · Net income from fundraising events
total $19,456
-
11a · Other revenue: MISCELLANEOUS REIMBURSEMENTS
total $19,884 · related or exempt $19,884
-
11e · Other revenue, total
$19,884
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $262,522 · program services $196,891 · management and general $65,631
-
10 · Payroll taxes
total $23,863 · program services $17,897 · management and general $5,966
-
11c · Fees: accounting
total $6,945 · management and general $6,945
-
12 · Advertising and promotion
total $9,506 · management and general $9,506
-
22 · Depreciation, depletion and amortization
total $25,200 · program services $8,568 · management and general $16,632
-
24a · Other expenses: TEACHER'S FEES
total $154,271 · program services $154,271
-
24b · Other expenses: CLASS SUPPLIES
total $55,055 · program services $55,055
-
24c · Other expenses: ART IN PUBLIC SCHOOLS
total $27,079 · program services $27,079
-
24d · Other expenses: MAINTENANCE & JANITORIAL
total $26,515 · program services $21,212 · management and general $5,303
-
24e · All other expenses
total $103,346 · program services $66,150 · management and general $37,196
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $567,346 · end of year $543,216
-
10a · Land, buildings and equipment: cost or other basis
$1,364,505
-
10b · Land, buildings and equipment: accumulated depreciation
$612,815
-
10c · Land, buildings and equipment, net
beginning of year $771,965 · end of year $751,690
-
19 · Deferred revenue
beginning of year $191,225 · end of year $128,606
-
27 · Net assets without donor restrictions
beginning of year $1,148,086 · end of year $1,163,796
-
28 · Net assets with donor restrictions
end of year $2,504
Mission and programs · 2023
Mission
FINE ARTS INSTITUTE OF EDMOND IS A NON-PROFIT EDUCATIONAL ARTS ORGANIZATION OFFERING VISUAL AND PERFORMING ARTS OPPORTUNITIES FOR CHILDREN AND ADULTS IN THE EDMOND AREA. THE INSTITUTE IS SUPPORTED PRIMARILY THROUGH CLASS TUITION, DONATIONS AND GRANTS.
-
VISUAL AND PERFORMING ART CLASSES ARE OFFERED TO THE COMMUNITY IN SEVERAL AREAS INCLUDING PAINTING, SCULPTING, DRAWING, DRAMA, ETC. CLASSES ARE OPEN TO STUDENTS PRE-SCHOOL THROUGH ADULTS, REGARDLESS OF RACE, COLOR, CREED OR DISABILITY.
Expenses $547,123
-
COMMUNITY CHILDREN'S CHORUS MEETS WEEKLY FOR INSTRUCTION AND PERFORMS AT VARIOUS EVENTS. THE FAI SPONSORS THE EDMOND YOUTH CHORUS TO ENCOURAGE CREATIVITY IN THE MUSICAL ARTS.
-
VISUAL AND PERFORMING ART CLASSES ARE OFFERED TO THE COMMUNITY IN SEVERAL AREAS INCLUDING PAINTING, SCULPTING, DRAWING, DRAMA, ETC. CLASSES ARE OPEN TO STUDENTS PRE-SCHOOL THROUGH ADULTS, REGARDLESS OF RACE, COLOR, CREED OR DISABILITY.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Sarah LondonSARAH LONDON
PAST PRESID
- Total calculated
- $0
- Hours/week
- 10
-
Sarah BrownSARAH BROWN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
Andrea DurbinANDREA DURBIN
PRESIDENT-EL
- Total calculated
- $0
- Hours/week
- 10
-
Teresa MacLeodTERESA MACLEOD
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
Lewis JonesLEWIS JONES
SECRETARY
- Total calculated
- $0
- Hours/week
- 10
-
Charl AdairCHARL ADAIR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
David ChapmanDAVID CHAPMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Jamie UnderwoodJAMIE UNDERWOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Kim WallaceKIM WALLACE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Tim DeimundTIM DEIMUND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Whitney RandallWHITNEY RANDALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Oksun LeeOKSUN LEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Brad McNeillBRAD MCNEILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Julie OliverJULIE OLIVER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Reian WilliamsREIAN WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Cara JerniganCARA JERNIGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Acey HopperACEY HOPPER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Shannon PriceSHANNON PRICE
EXECUTIVE DI
- Total calculated
- $97,413
- From this org
- $97,413
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
- 2023
- Filed
- 21 April 2024
- IRS schema version
- 2023v6.0
- Source object
- 202501299349301895
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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