Artsquest
- Assets
- $46.6m
- Revenue
- $27.4m
- Investments
- $0.0
- Employees
- 300
- Location
- Bethlehem, PA
- Founding
- 02/1987
- Data as of
- 12/2021
- EIN
- 23-2280560
Organization Overview
Artsquest is located in Bethlehem, PA. The organization was established in 1987. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Artsquest employed 300 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Artsquest is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Artsquest generated $27.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $16.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BE AN INTERNATIONAL MODEL FOR PROVIDING ACCESS TO ARTISTIC, CULTURAL, AND EDUCATIONAL EXPERIENCES.
Describe the Organization's Program Activity:
STARTED IN 1984, MUSIKFEST TODAY IS CONSIDERED THE NATION'S LARGEST FREE MUSIC WITH MORE THAN 550 PERFORMANCES ON 17 STAGES, 16 OF WHICH ARE FREE. THIS 10-DAY FESTIVAL ATTRACTED MORE THAN 1.1 MILLION PEOPLE FROM 45 STATES AND ONE DOZEN COUNTRIES IN 2017. AS THE LARGEST PROGRAM RUN BY ARTSQUEST, MUSIKFEST IS FAMILY-ORIENTED AND PRESENTS VIRTUALLY EVERY STYLE OF MUSIC INCLUDING BLUES, JAZZ, ROCK, COUNTRY, CLASSICAL, LATIN, FOLK, AMERICANA, AND BLUEGRASS. THE FESTIVAL IS SUPPORTED BY SPONSORSHIP, MEMBERSHIP, GRANTS, MERCHANDISE SALES, AND FOOD AND BEVERAGE SERVICE. ARTSQUEST WORKS WITH MORE THAN 25 REGIONAL ARTS AND CULTURAL ORGANIZATIONS TO INCORPORATE THEM INTO THIS FESTIVAL.
BANANA FACTORY: ARTSQUEST ESTABLISHED THE BANANA FACTORY ARTS & EDUCATION CENTER IN JANUARY 1998. TODAY, THE BANANA FACTORY PROVIDES OVER 300 VISUAL ARTS AND EDUCATION CLASSES AND CAMPS TO SERVE THE COMMUNITY INCLUDING PHOTOGRAPHY, CERAMICS, GLASS-BLOWING, PAINTING, DRAWING, JEWELRY, MIXED MEDIA, AND SCULPTURE. THROUGH THE SUPPORT OF DONORS AND SPONSORS, ARTSQUEST OFFERS SCHOLARSHIPS TO ANY ADULT OR CHILD IN FINANCIAL NEED. THE ARTS CENTER OFFERS THREE FREE GALLERIES AND MORE THAN 25 STUDIOS TO REGIONAL VISUAL ARTISTS AT SUBSIDIZED RENTAL RATES IN ORDER TO ENCOURAGE ARTIST DEVELOPMENT AND ENGAGEMENT. SUBSIDIZED SPACE IS ALSO MADE AVAILABLE TO THE PENNSYLVANIA YOUTH THEATRE AND THE VOLUNTEER CENTER OF THE LEHIGH VALLEY. THE BANANA FACTORY ALSO HOUSES SEVERAL ARTSQUEST OFFICES CRITICAL TO ADMINISTERING THE OPERATIONS OF THIS CENTER AND THE ORGANIZATION AS A WHOLE.
STEELSTACKS/ARTSQUEST PERFORMING ARTS CENTER: IN 2011, ARTSQUEST OPENED STEELSTACKS, A 10-ACRE ARTS, CULTURAL AND EDUCATIONAL CAMPUS LOCATED ON THE FORMER BETHLEHEM STEEL PLANT SITE IN BETHLEHEM, PA ON WHAT WAS THE LARGEST BROWNFIELD SITE UNDER DEVELOPMENT IN THE UNITED STATES. STEELSTACKS PROVIDES ACCESS TO A DIVERSE ARRAY OF CONCERTS, CLASSES, FESTIVALS AND EVENTS, USING ARTS AS A VEHICLE FOR URBAN REVITALIZATION. THE MAIN BUILDING ON THE CAMPUS IS THE ARTSQUEST CENTER, A 67,000-SQUARE-FOOT PERFORMING ARTS CENTER DESIGNED TO MEET THE COMMUNITY'S DIVERSE ARTS AND EDUCATION NEEDS. THE ARTSQUEST CENTER INCLUDES A 2-SCREEN CINEMA THAT OFFERS YEAR-ROUND PROGRAMMING FOR INDEPENDENT, FOREIGN, DOCUMENTARY AND LOCALLY MADE FILMS AS WELL AS A FLEXIBLE 2-STORY PERFORMANCE SPACE FOR THE PRESENTATION OF MUSIC, DANCE AND THEATRE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine E Hilgert President & CEO | OfficerTrustee | 40 | $333,990 |
Curt W Mosel Senior Vice President | OfficerTrustee | 40 | $196,196 |
Patrick Brogan Chief Programming Officer | OfficerTrustee | 40 | $157,282 |
Raymond Neeb Sr Vice President Of Opera | OfficerTrustee | 40 | $149,492 |
Susan Drexinger-Aboulhouda VP Of Hospitality And Food | OfficerTrustee | 40 | $149,342 |
Orville Trout Vice Chair | OfficerTrustee | 9 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Band Perry Live Llc Entertainment | 12/30/17 | $150,000 |
William Morris Endavor Entertainment Llc Entertainment | 12/30/17 | $418,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,232,455 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,109,745 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,886,307 |
| Noncash contributions included in lines 1a–1f | $135,562 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,228,507 |
| Total Program Service Revenue | $10,098,818 |
| Investment income | $6,911 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$680,368 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $304,502 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,430,533 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $927,524 |
| Compensation of current officers, directors, key employees. | $336,096 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,510,122 |
| Pension plan accruals and contributions | $51,893 |
| Other employee benefits | $449,907 |
| Payroll taxes | $279,964 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,977 |
| Fees for services: Accounting | $49,866 |
| Fees for services: Lobbying | $26,400 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,018 |
| Advertising and promotion | $178,934 |
| Office expenses | $601,905 |
| Information technology | $231,994 |
| Royalties | $0 |
| Occupancy | $877,909 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $256,276 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $848,676 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $16,514,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,754,587 |
| Savings and temporary cash investments | $1,248,763 |
| Pledges and grants receivable | $2,433,105 |
| Accounts receivable, net | $1,567,202 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $83,463 |
| Prepaid expenses and deferred charges | $178,975 |
| Net Land, buildings, and equipment | $27,476,270 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | -$127,185 |
| Total assets | $46,615,180 |
| Accounts payable and accrued expenses | $1,696,434 |
| Grants payable | $0 |
| Deferred revenue | $2,567,611 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $7,147,481 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,118,472 |
| Total liabilities | $16,529,998 |
| Net assets without donor restrictions | $25,275,256 |
| Net assets with donor restrictions | $4,809,926 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $46,615,180 |
Grants Recieved
Over the last fiscal year, we have identified 19 grants that Artsquest has recieved totaling $568,621.
| Awarding Organization | Amount |
|---|---|
United Way Of The Greater Lehigh Valley Allentown, PA PURPOSE: DONOR DESIGNATED FOR GENERAL SUPPORT; PROGRAM OPERATING COSTS | $246,295 |
American Endowment Foundation Hudson, OH PURPOSE: ARTS, CULTURE | $100,000 |
Jeff Hunter Charitable Tr Larchmont, NY PURPOSE: TO SUPPORT THE CHARITY | $60,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $57,391 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $37,850 |
Lehigh University Bethlehem, PA | | $17,500 |
Endowment Analysis
| Beg. Balance | $1,499,651 |
| Earnings | $186,214 |
| Other Expense | $162,000 |
| Ending Balance | $1,523,865 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cuyahoga County Convention Facilities Development Corporation Cleveland, OH | $27,851,572 | $49,456,687 |
Shed Nyc Inc New York, NY | $621,442,218 | $102,270,782 |
Westchester Academic Library Directors Organization Inc New York, NY | $47,276,623 | $38,534,511 |
Pro Publica Inc New York, NY | $60,782,681 | $36,005,300 |
Pittsburgh Trust For Cultural Resources Pittsburgh, PA | $189,016,990 | $50,601,813 |
Dia Center For The Arts Inc New York, NY | $215,209,262 | $19,693,933 |
Munson-Williams-Proctor Arts Institute Utica, NY | $139,434,457 | $25,944,561 |
Bethel Woods Center For The Arts Inc Liberty, NY | $30,099,296 | $24,809,456 |
Artsquest Bethlehem, PA | $46,615,180 | $27,430,533 |
Lincoln Park Performing Arts Center Midland, PA | $37,610,958 | $11,880,429 |
Clay Center For The Arts & Sciences Of West Virginia Inc Charleston, WV | $104,991,627 | $9,740,232 |
Joan Mitchell Foundation Inc New York, NY | $163,093,074 | $7,287,755 |