Skip to content
Nonprofiteer
← ST LOUIS ART PLACE INITIATIVE INC

Form 990 for tax year 2024

Filed by ST LOUIS ART PLACE INITIATIVE INC.

Totals

Total revenue
$440,952
Total expenses
$404,214
Contributions and grants received
$429,335
Grants paid
$36,882
Program service revenue
$1,338
Investment income
$0
Other revenue
$10,279
Total assets, end of year
$377,174
Total liabilities, end of year
$335,272
Net assets or fund balances, end of year
$41,902
Program services expenses (Part IX)
$306,705
Management and general expenses
$35,982
Fundraising expenses
$61,527
Program service expenses (Part III)
$306,705

Program services were 75.9% 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

    $35,231

  • 1e · Government grants (contributions)

    $273,582

  • 1f · All other contributions, gifts and grants

    $120,522

  • 2a · Program service revenue: CONTRACTED PROPERTY REVENUE

    total $5,000 · related or exempt $5,000

  • 2b · Program service revenue: COSTS PREVIOUSLY SOLD PROPR.

    total -$3,662 · related or exempt -$3,662

  • 8a · Fundraising events: gross income

    $27,935

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

    $35,231

  • 8b · Fundraising events: direct expenses

    $20,132

  • 8c · Net income from fundraising events

    total $7,803 · excluded $7,803

  • 11a · Other revenue: REIMBURSE CREDIT CARD PROCESS

    total $1,941 · excluded $1,941

  • 11b · Other revenue: SPEAKING HONORARIUM & SERVICE

    total $350 · excluded $350

  • 11c · Other revenue: DISCOUNTS

    total $107 · excluded $107

  • 11d · All other revenue

    total $78 · excluded $78

  • 11e · Other revenue, total

    $2,476

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $36,882 · program services $36,882

  • 7 · Other salaries and wages

    total $155,991 · program services $116,993 · management and general $15,599 · fundraising $23,399

  • 9 · Other employee benefits

    total $4,800 · program services $3,600 · management and general $480 · fundraising $720

  • 10 · Payroll taxes

    total $12,109 · program services $9,082 · management and general $1,211 · fundraising $1,816

  • 11b · Fees: legal

    total $13,599 · program services $10,199 · management and general $1,360 · fundraising $2,040

  • 11c · Fees: accounting

    total $34,306 · program services $25,729 · management and general $3,431 · fundraising $5,146

  • 11g · Fees: other

    total $91,912 · program services $63,341 · management and general $8,446 · fundraising $20,125

  • 12 · Advertising and promotion

    total $2,630 · program services $1,972 · management and general $263 · fundraising $395

  • 13 · Office expenses

    total $1,235 · program services $926 · management and general $124 · fundraising $185

  • 14 · Information technology

    total $970 · program services $727 · management and general $97 · fundraising $146

  • 16 · Occupancy

    total $3,630 · program services $2,722 · management and general $363 · fundraising $545

  • 17 · Travel

    total $145 · program services $108 · management and general $15 · fundraising $22

  • 20 · Interest

    total $8,527 · program services $6,395 · management and general $853 · fundraising $1,279

  • 23 · Insurance

    total $13,084 · program services $9,813 · management and general $1,308 · fundraising $1,963

  • 24a · Other expenses: MAINTENANCE

    total $16,243 · program services $12,183 · management and general $1,624 · fundraising $2,436

  • 24b · Other expenses: SOFTWARE AND SUBSCRIPTION

    total $4,037 · program services $3,027 · management and general $404 · fundraising $606

  • 24c · Other expenses: BANK CHARGES & FEES

    total $1,750 · program services $1,312 · management and general $175 · fundraising $263

  • 24d · Other expenses: TELEPHONE

    total $1,200 · program services $900 · management and general $120 · fundraising $180

  • 24e · All other expenses

    total $1,164 · program services $794 · management and general $109 · fundraising $261

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $19,963 · end of year $87,099

  • 4 · Accounts receivable

    beginning of year $28,500 · end of year $43,250

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,125 · end of year $8,936

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

    $235,718

  • 10c · Land, buildings and equipment, net

    beginning of year $153,783 · end of year $235,718

  • 15 · Other assets

    beginning of year $7,721 · end of year $2,171

  • 17 · Accounts payable and accrued expenses

    beginning of year $14,127 · end of year $79,774

  • 25 · Other liabilities

    beginning of year $194,801 · end of year $255,498

  • 27 · Net assets without donor restrictions

    beginning of year -$64,836 · end of year -$268,562

  • 28 · Net assets with donor restrictions

    beginning of year $70,000 · end of year $310,464

Mission and programs · 2024

Mission

THE ST. LOUIS ART PLACE INITIATIVE SEEKS TO CREATE WEALTH AND EQUITY THROUGH HOME OWNERSHIP FOR LOW AND MODERATE INCOME ARTISTS OF ALL DISCIPLINES.

Activities or mission (Part I)

THE ST. LOUIS ART PLACE INITIATIVE IS A 501C3 ORGANIZATION WITH A MISSION OF BUILDING WEALTH AND EQUITY THROUGH HOMEOWNERSHIP FOR LOW- AND MODERATE-INCOME ARTISTS OF ALL DISCIPLINES.

  • ST. LOUIS ART PLACE INITIATIVE CONTINUES TO DEVELOP LAND PARCELS IN THE GRAVOIS PARK NEIGHBORHOOD TO FULFILL ITS MISSION TO PROVIDE AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME ARTISTS AND IS CONTINUING SELLING THE IMPROVED PROPERTIES.

    Expenses $306,705 · Grants $36,882 · Revenue $1,338

As filed on the 2024 return.

Listed in Part VII

  • Pacia Elaine Anderson

    COMMUNITY AR

    Total calculated
    $0
    Hours/week
    1

  • Nichole Belford

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dara Eskridge

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Chris Hansen

    BOARD CHAIRM

    Total calculated
    $0
    Hours/week
    1

  • Gavin Kroeber

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kevin McKinney

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Phil Minden

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Gary Pierson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • John Pitman

    BOARD MEMBER

    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

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.0
Source object
202533179349312263

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.