Skip to content
Nonprofiteer
← HOLMES CENTER FOR THE ARTS LTD

Form 990 for tax year 2023

Filed by HOLMES CENTER FOR THE ARTS LTD.

Totals

Total revenue
$1,015,187
Total expenses
$297,251
Contributions and grants received
$817,932
Grants paid
$0
Program service revenue
$132,946
Investment income
$4,572
Other revenue
$59,737
Total assets, end of year
$3,277,278
Total liabilities, end of year
$431,945
Net assets or fund balances, end of year
$2,845,333
Program services expenses (Part IX)
$220,578
Management and general expenses
$69,685
Fundraising expenses
$6,988
Program service expenses (Part III)
$220,578

Program services were 74.2% 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)

    $162,322

  • 1f · All other contributions, gifts and grants

    $655,610

  • 2a · Program service revenue: TUITION FROM CLASSES

    total $132,946 · related or exempt $132,946

  • 3 · Investment income

    total $4,572 · excluded $4,572

  • 6a · Gross rents

    real property $15,750

  • 6c · Rental income or loss

    real property $15,750

  • 6d · Net rental income or loss

    total $15,750 · excluded $15,750

  • 8a · Fundraising events: gross income

    $97,221

  • 8b · Fundraising events: direct expenses

    $53,234

  • 8c · Net income from fundraising events

    total $43,987

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $47,622 · program services $47,622

  • 7 · Other salaries and wages

    total $84,846 · program services $50,432 · management and general $34,414

  • 10 · Payroll taxes

    total $11,388 · program services $8,442 · management and general $2,946

  • 11a · Fees: management

    total $456 · management and general $456

  • 11c · Fees: accounting

    total $890 · management and general $890

  • 12 · Advertising and promotion

    total $3,564 · program services $3,564

  • 13 · Office expenses

    total $989 · program services $738 · management and general $251

  • 14 · Information technology

    total $1,284 · program services $1,284

  • 16 · Occupancy

    total $26,213 · program services $10,941 · management and general $15,272

  • 17 · Travel

    total $537 · program services $517 · management and general $20

  • 20 · Interest

    total $500 · management and general $500

  • 22 · Depreciation, depletion and amortization

    total $65,418 · program services $65,418

  • 23 · Insurance

    total $6,828 · management and general $6,828

  • 24a · Other expenses: INDEPENDENT CONTRACTOR

    total $21,905 · program services $21,523 · management and general $382

  • 24b · Other expenses: SUPPLIES

    total $10,760 · management and general $3,772 · fundraising $6,988

  • 24c · Other expenses: PROGRAM SUPPLIES

    total $5,172 · program services $5,172

  • 24d · Other expenses: PAYROLL PROCESSING

    total $2,905 · management and general $2,905

  • 24e · All other expenses

    total $5,974 · program services $4,925 · management and general $1,049

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $90,989 · end of year $50,735

  • 2 · Savings and temporary cash investments

    beginning of year $189,130 · end of year $734,490

  • 9 · Prepaid expenses and deferred charges

    end of year $3,661

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

    $2,373,429

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

    $142,957

  • 10c · Land, buildings and equipment, net

    beginning of year $2,295,890 · end of year $2,230,472

  • 15 · Other assets

    end of year $257,920

  • 18 · Grants payable

    beginning of year $448,612 · end of year $431,945

  • 27 · Net assets without donor restrictions

    beginning of year $2,127,397 · end of year $2,845,333

Mission and programs · 2023

Mission

THE MISSION OF THE HOLMES CENTER FOR THE ARTS IS TO PROVIDE EDUCATIONAL AND PERFORMING OPPORTUNITIES IN THE ARTS FOR INDIVIDUALS OF ALL ECONOMIC AND SOCIAL BACKGROUNDS WITHIN A WHOLESOME, FAMILY-ORIENTED ATMOSPHERE AND TO ENRICH OUR COMMUNITY THROUGH THOSE ARTISTIC EXPERIENCES.

  • WITH GRANTS, CONTRIBUTIONS AND FUNDRAISING, WE ARE ABLE TO PROVIDE EDUCATIONAL AND PERFORMING OPPORTUNITIES FOR INTERESTED STUDENTS OF ALL AGES.

    Expenses $220,578

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Holley Johnson

    EXECUTIVE DI

    Total calculated
    $47,622
    From this org
    $47,622
    From related orgs
    $0
    Other
    $0
    Hours/week
    35

  • Olivia Maltrich

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Mark Miller

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Kim Mullet

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Natalie Small

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Mark Woods

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Steve Kilpatrick

    TREASURER

    Total calculated
    $0
    Hours/week
    6

  • Susan Lehman

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Marianne Mader

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Jay McCulloch

    VICE PRESIDE

    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
2023
Filed
3 May 2024
IRS schema version
2023v5.0
Source object
202431299349300733

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.