South Fulton Institute Inc
- Assets
- $1.9m
- Revenue
- $891.8k
- Investments
- $0.0
- Employees
- 16
- Location
- Atlanta, GA
- Founding
- 06/2004
- Data as of
- 12/2021
- EIN
- 30-0249703
Organization Overview
South Fulton Institute Inc is located in Atlanta, GA. The organization was established in 2004. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, South Fulton Institute Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Fulton Institute Inc 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, South Fulton Institute Inc generated $891.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SOUTH FULTON INSTITUTE IS A REGIONAL CATALYST FOR THE ADVANCEMENT OF THE ARTS, CULTURE & ENVIRONMENT THAT ENRICHES LIVES AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTHER PROGRAM SERVICES - PROVIDED FUNDING FOR ENVIRONMENTAL EDUCATIONAL PROGRAMS AND STEWARDSHIP OF CONSERVATION EASEMENTS, PROVIDED FUNDING FOR PUBLIC ART COMMISSIONS, PROVIDED FUNDING FOR PREEMINENT THOUGHT LEADERS AND NATIONALLY RECOGNIZED ARTISTS TO FOSTER COMMUNITY DISCOURSE, AND PROVIDED FUNDING FOR SCHOOL AND CITY PARTNERSHIPS TO PROVIDE FREE PROGRAMMING TO THE SOUTH FULTON AREA. PROGRAMMING WAS ABBREVIATED DUE TO THE COVID-19 PANDEMIC.
TERMINUS MODERN BALLET - PROVIDED FUNDING AND LEADERSHIP TO TERMINUS MODERN BALLET THEATER, A COLLECTIVE OF EIGHT CLASSICALLY TRAINED PRINCIPAL DANCERS THAT HAVE 85+ YEARS OF PROFESSIONAL EXPERIENCE PERFORMING LOCALLY, NATIONALLY AND ABROAD. TERMINUS PROVIDES PERFORMANCES AND EDUCATIONAL OPPORTUNITIES FOR THE SOUTH FULTON COMMUNITY AND BEYOND.
AIR SFI - PROVIDED FUNDING AND LEADERSHIP TO AIR SFI TO SUPPORT ITS ARTIST IN RESIDENCY PROGRAM FOR 2021. FUNDS COVERED PROGRAMMING FOR ARTISTS WHO COMPLETED THEIR RESIDENCY WITH AIR SFI AS WELL AS EDUCATIONAL AND INTERACTIVE PROGRAMS TO ENGAGE THE SOUTH FULTON COMMUNITY AND BEYOND.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Bauer-Lyons Executive Dir. | Officer | 40 | $99,328 |
Lee Wilder Treasurer | OfficerTrustee | 5 | $0 |
Lauren Kane Secretary | OfficerTrustee | 5 | $0 |
Deborah Griffin Chairman | OfficerTrustee | 10 | $0 |
Travis Townsend Director | Trustee | 1 | $0 |
Ron Sumpter Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $401,044 |
| All other contributions, gifts, grants, and similar amounts not included above | $180,153 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $581,197 |
| Total Program Service Revenue | $485,796 |
| Investment income | $191 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $891,815 |
| 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. | $100,000 |
| Compensation of current officers, directors, key employees. | $50,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $250,142 |
| Pension plan accruals and contributions | $30,000 |
| Other employee benefits | $59,433 |
| Payroll taxes | $73,133 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $71,406 |
| Fees for services: Accounting | $24,652 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,472 |
| Advertising and promotion | $9,401 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,966 |
| Travel | $7,308 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,592 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,934 |
| Insurance | $13,995 |
| All other expenses | $76,510 |
| Total functional expenses | $1,013,328 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $616,960 |
| Savings and temporary cash investments | $837,678 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $209,470 |
| 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 | $245,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,909,108 |
| Accounts payable and accrued expenses | $23,989 |
| Grants payable | $0 |
| 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 | $23,989 |
| Net assets without donor restrictions | $1,866,094 |
| Net assets with donor restrictions | $19,025 |
| 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 | $1,909,108 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that South Fulton Institute Inc has recieved totaling $36,378.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: ARTS, CULTURE | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,378 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Arts Inc Atlanta, GA | $7,711,292 | $5,611,811 |
Central Florida Community Arts Inc Orlando, FL | $1,775,519 | $1,587,078 |
Acorn Center For Restoration And Freedom Inc Covington, GA | $134,681 | $1,087,049 |
South Fulton Institute Inc Atlanta, GA | $1,909,108 | $891,815 |
Destination Cleveland County Inc Shelby, NC | $7,052,846 | $848,896 |
Jeniam Ii Foundation Memphis, TN | $1,092,809 | $484,239 |
Friends Of The Hunley Inc North Charleston, SC | $1,463,625 | $893,536 |
Cool Spring Downtown District Inc Fayetteville, NC | $404,618 | $773,790 |
Creativets Nashville, TN | $484,880 | $860,430 |
The Arts Council Of Moore County Inc Southern Pines, NC | $756,104 | $891,925 |
International Entertainment Buyers Association Nashvile, TN | $1,235,911 | $821,103 |
St Petersburg Warehouse Arts District Inc Saint Petersburg, FL | $4,246,537 | $1,210,830 |