Rockford Area Arts Council
- Assets
- $538.4k
- Revenue
- $661.7k
- Investments
- $0.0
- Employees
- 15
- Location
- Rockford, IL
- Founding
- 10/1969
- Data as of
- 08/2023
- EIN
- 23-7039197
Organization Overview
Rockford Area Arts Council is located in Rockford, IL. The organization was established in 1969. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2023, Rockford Area Arts Council employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rockford Area Arts Council 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 08/2023, Rockford Area Arts Council generated $661.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $698.1k during the year ending 08/2023. While expenses have increased by 16.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ROCKFORD AREA ARTS COUNCIL (RAAC) EXISTS TO SUPPORT, PROMOTE, AND DEVELOP ACCESS TO THE ARTS FOR EVERYONE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTSPLACE - SUMMER INTERNSHIP PROGRAM FOR YOUTH AGES 14-18. YOUTH WORK ON TEAMS SUPERVISED AND GUIDED BY PROFESSIONAL ARTISTS TO CREATE ORIGINAL WORKS IN THEATER, DANCE, LITERATURE, AND VISUAL ARTS.
ALL OTHER PROGRAMS.
OUR TOWN/NEA - AN ARTS PROGRAM DONE IN PARTNERSHIP WITH ROCKFORD HOUSING AUTHORITY TO ASSIST LOW-INCOME ADULTS TO DEVELOP ARTISTIC TALENTS AND DEVELOP BUSINESS OPPORTUNITIES WITH AND FOR THEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Mcnamara Bernsten Executive Di | Officer | 40 | $79,565 |
Armando Cardenas Director | Trustee | 1 | $0 |
Jennifer Dronkers Director | Trustee | 1 | $0 |
Rebecca Francis Treasurer | OfficerTrustee | 1 | $0 |
David Gomel Director | Trustee | 1 | $0 |
John Groh Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $471,336 |
| All other contributions, gifts, grants, and similar amounts not included above | $199,902 |
| Noncash contributions included in lines 1a–1f | $13,600 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $671,238 |
| Total Program Service Revenue | $0 |
| Investment income | $4,594 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$14,133 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $661,699 |
| 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. | $76,082 |
| Compensation of current officers, directors, key employees. | $7,608 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $179,164 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $52,295 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,231 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $24,769 |
| Office expenses | $7,553 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,262 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $496 |
| Insurance | $5,458 |
| All other expenses | $10,153 |
| Total functional expenses | $698,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $402,821 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $133,869 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,737 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $538,427 |
| Accounts payable and accrued expenses | $29,966 |
| Grants payable | $3,602 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $33,568 |
| Net assets without donor restrictions | $407,823 |
| Net assets with donor restrictions | $97,036 |
| 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 | $538,427 |
Grants Awarded
Over the last fiscal year, Rockford Area Arts Council has awarded $19,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NEW GENRES ART SPACE PURPOSE: ART PROGRAMS | $9,000 |
ROCKFORD AREA CONVENTION &VISITORS BUREAU PURPOSE: PROGRAM FUNDING | $10,000 |