Foundry Art Centre is located in St Charles, MO. The organization was established in 2002. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2020, Foundry Art Centre employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundry Art Centre 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 12/2020, Foundry Art Centre generated $384.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $456.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
REGIONAL INTERDISCIPLINE ART CENTER
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESENTATION OF VISUAL AND PERFORMING ARTS THROUGH CURATED EXHIBITS, JURIED COMPETIONS, MULTI-CULTURAL EXHIBITIONS AND CONCERTS FOR ADULTS AND CHILDREN MULTI-DISCIPLINED ARTISTS EDUCATE IN GLASS STUDIOS BY ALLOWING THE PUBLIC TO VIEW, CREATE, AND INTERACT WITH THEM. RENT IS REDUCED BECAUSE THE ARTISTS ARE REQUIRED TO GIVE SEMINARS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Melissa Whitwam Executive Director | Officer | 40 | $43,307 |
Lorna Frahm Vice President | Officer | 2 | $0 |
Fred C Dyer President | Officer | 2 | $0 |
James Devereux Treasurer | Officer | 2 | $0 |
Jason Kuhl Secretary | Officer | 2 | $0 |
Mary Ann Ohms Ex-Offico | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $7,688 |
Related organizations | $0 |
Government grants | $174,150 |
All other contributions, gifts, grants, and similar amounts not included above | $39,741 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $221,579 |
Total Program Service Revenue | $162,943 |
Investment income | $0 |
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 | $384,522 |
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. | $43,307 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $146,081 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $15,209 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,548 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $11,889 |
Insurance | $0 |
All other expenses | $199,987 |
Total functional expenses | $456,130 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $0 |
Over the last fiscal year, we have identified 1 grants that Foundry Art Centre has recieved totaling $6,800.
Awarding Organization | Amount |
---|---|
Mid-America Arts Alliance Kansas City, MO PURPOSE: ARTS SUPPORT | $6,800 |
Organization Name | Assets | Revenue |
---|---|---|
Music Institute Of Chicago Evanston, IL | $11,276,124 | $7,011,364 |
Chicago Academy For The Arts Chicago, IL | $3,169,468 | $6,255,209 |
Fab Lab Tulsa Inc Tulsa, OK | $905,994 | $2,260,190 |
Arrowmont School Of Arts And Crafts Gatlinburg, TN | $53,053,900 | $4,804,249 |
Frazier Academy Design Team Inc Chicago, IL | $0 | $3,133,368 |
Foundation For Lincoln Public Schools Lincoln, NE | $17,002,214 | $4,527,343 |
Ingenuity Incorporated Chicago Chicago, IL | $7,892,105 | $6,208,550 |
Marwen Foundation Chicago, IL | $21,640,226 | $2,262,448 |
Urban Gateways Chicago, IL | $1,900,361 | $2,567,092 |
Evanston Art Center And Market Evanston, IL | $5,253,080 | $1,872,951 |
Oklahoma Arts Institute Oklahoma City, OK | $2,532,394 | $1,383,952 |
Arts Of Life Chicago, IL | $862,987 | $1,651,270 |