What the amendment changed
Compared with the return it replaced , filed 2 May 2024. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $1,247,367 changed to $958,416
- Total expenses
- $528,292 changed to $528,049
- Contributions and grants received
- $1,168,610 changed to $879,691
- Investment income
- $586 changed to $554
- Total assets, end of year
- $957,376 changed to $668,211
- Net assets or fund balances, end of year
- $938,226 changed to $649,061
- Management and general expenses
- $166,662 changed to $166,419
Totals
- Total revenue
- $958,416
- Total expenses
- $528,049
- Contributions and grants received
- $879,691
- Grants paid
- $0
- Program service revenue
- $70,558
- Investment income
- $554
- Other revenue
- $7,613
- Total assets, end of year
- $668,211
- Total liabilities, end of year
- $19,150
- Net assets or fund balances, end of year
- $649,061
- Program services expenses (Part IX)
- $287,292
- Management and general expenses
- $166,419
- Fundraising expenses
- $74,338
- Program service expenses (Part III)
- $287,292
Program services were 54.4% 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
$20,524
-
1c · Fundraising events
$18,342
-
1d · Related organizations
$245,880
-
1e · Government grants (contributions)
$44,000
-
1f · All other contributions, gifts and grants
$550,945
-
1g · Noncash contributions included above
$15,962
-
2a · Program service revenue: ART SALES
total $40,608 · related or exempt $40,608
-
2b · Program service revenue: PROGRAM FEES
total $29,950 · related or exempt $29,950
-
3 · Investment income
total $557 · excluded $557
-
7b · Less cost or other basis and sales expenses
securities $3
-
7c · Gain or loss
securities -$3
-
7d · Net gain or loss
total -$3 · excluded -$3
-
8a · Fundraising events: gross income
$29,774
-
8a · Fundraising events: contributions included on line 1c
$18,342
-
8b · Fundraising events: direct expenses
$30,740
-
8c · Net income from fundraising events
total -$966
-
11a · Other revenue: OTHER REVENUES
total $8,579 · related or exempt $8,579
-
11e · Other revenue, total
$8,579
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $60,805 · program services $24,114 · management and general $31,159 · fundraising $5,532
-
7 · Other salaries and wages
total $221,664 · program services $151,165 · management and general $61,962 · fundraising $8,537
-
8 · Pension plan contributions
total $2,807 · program services $1,453 · management and general $1,240 · fundraising $114
-
9 · Other employee benefits
total $9,500 · program services $8,186 · management and general $1,262 · fundraising $52
-
10 · Payroll taxes
total $22,396 · program services $14,102 · management and general $7,179 · fundraising $1,115
-
11b · Fees: legal
total $356 · management and general $356
-
11c · Fees: accounting
total $12,825 · management and general $12,825
-
11f · Fees: investment management
total $11 · management and general $11
-
11g · Fees: other
total $48,918 · program services $13,868 · management and general $4,200 · fundraising $30,850
-
12 · Advertising and promotion
total $12,862 · program services $5,088 · management and general $3,394 · fundraising $4,380
-
13 · Office expenses
total $32,770 · program services $11,807 · management and general $18,910 · fundraising $2,053
-
16 · Occupancy
total $21,278 · program services $14,393 · management and general $6,885
-
22 · Depreciation, depletion and amortization
total $1,519 · program services $777 · management and general $591 · fundraising $151
-
23 · Insurance
total $5,835 · program services $160 · management and general $5,663 · fundraising $12
-
24a · Other expenses: PRESENTATIONS
total $24,827 · program services $5,574 · management and general $45 · fundraising $19,208
-
24b · Other expenses: MATERIALS AND SUPPLIES
total $21,712 · program services $10,878 · management and general $10,737 · fundraising $97
-
24c · Other expenses: ARTIST COMMISSIONS
total $18,647 · program services $18,647
-
24d · Other expenses: SCHOLARSHIPS AND AWARDS
total $7,080 · program services $7,080
-
24e · All other expenses
total $2,237 · fundraising $2,237
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $18,329 · end of year $4,191
-
2 · Savings and temporary cash investments
beginning of year $191,843 · end of year $387,761
-
3 · Pledges and grants receivable
end of year $53,800
-
4 · Accounts receivable
beginning of year $2,823 · end of year $9,569
-
8 · Inventories for sale or use
beginning of year $665 · end of year $665
-
9 · Prepaid expenses and deferred charges
beginning of year $1,829 · end of year $1,874
-
10a · Land, buildings and equipment: cost or other basis
$64,689
-
10b · Land, buildings and equipment: accumulated depreciation
$54,776
-
10c · Land, buildings and equipment, net
beginning of year $11,432 · end of year $9,913
-
15 · Other assets
beginning of year $3,049 · end of year $200,438
-
17 · Accounts payable and accrued expenses
beginning of year $11,279 · end of year $18,390
-
19 · Deferred revenue
beginning of year $264 · end of year $760
-
27 · Net assets without donor restrictions
beginning of year $58,454 · end of year $407,936
-
28 · Net assets with donor restrictions
beginning of year $159,973 · end of year $241,125
Mission and programs · 2022
Mission
CORVALLIS ARTS CENTER, INC. IS A NOT-FOR-PROFIT ORGANIZATION WITH A MISSION TO NURTURE ARTISTIC EXPRESSION AND TO ENHANCE THE CREATIVE LIFE OF THE COMMUNITY.
Activities or mission (Part I)
FOSTERING CREATIVITY AND ENGAGEMENT WITH THE ARTS, TO INSPIRE PERSONAL GROWTH AND COMMUNITY WELL-BEING.
-
EDUCATION PROGRAMS INCLUDE ART CLASSES, WORKSHOPS, AND OPEN STUDIOS TAUGHT AT THE CENTER, AS WELL AS EXTENSIVE ON-SITE ARTS AND CULTURE PROGRAMMING. THROUGH THE OUTREACH PROGRAMS, THE CENTER WORKS WITH LOCAL SCHOOLS TO INTEGRATE ENGAGING ARTS LEARNING WITH OTHER CLASSROOM SUBJECTS THROUGH PROJECT-BASED LEARNING ACTIVITIES. TWO SUBSETS OF THIS PROGRAM ARE THE YOUNG ARTISTS PROGRAM IN WHICH IDENTIFIED AT-RISK YOUTH ARE TAUGHT HEALTHY AND ARTISTIC OUTLETS OF EXPRESSION AND THE ARTIST ACCELERATOR PROGRAM THAT SUPPORTS ARTISTIC, PROFESSIONAL, AND BUSINESS DEVELOPMENT FOR WORKING ARTISTS OF THE REGION. PROGRAMMING INCLUDES A SPEAKER SERIES, RESIDENCY PROGRAM, AND A SUMMER EXPERIENTIAL COMMUNITY ARTS EVENT.
Expenses $119,168 · Revenue $29,950
-
EXHIBITIONS ARE PRESENTED BY THE CENTER TO PROMOTE ARTISTS' WORK, TAKING THE FORM OF GALLERIES, PERFORMANCES, AND OTHER EXHIBITION DISPLAYS.
Expenses $123,762
-
ARTSHOP PROMOTES LOCAL ARTISTS AND FACILITATES THE SALE OF THEIR WORK.
Expenses $44,362 · Revenue $40,608
As filed on the 2022 return.
Listed in Part VII
-
Cynthia SpencerCYNTHIA SPENCER
EXECUTIVE DI
- Total calculated
- $48,645
- From this org
- $47,180
- From related orgs
- $0
- Other
- $1,465
- Hours/week
- 40
-
Pat BermanPAT BERMAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Kimberly LongKIMBERLY LONG
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 2
-
Myranda ClarkMYRANDA CLARK
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Keith FarneyKEITH FARNEY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Alyce ChapmanALYCE CHAPMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David GoodrumDAVID GOODRUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deborah JohnDEBORAH JOHN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Doris RogersDORIS ROGERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jeffrey SchiminskyJEFFREY SCHIMINSKY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Kristi MartensKRISTI MARTENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Morgen DanielsMORGEN DANIELS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nell O'MalleyNELL O'MALLEY
DIRECTOR
- 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.
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.
-
501C3 · SUPPORTING · OR
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 16 July 2025
- IRS schema version
- 2022v5.0
- Source object
- 202511999349300511
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