Roswell Arts Fund Inc
- Assets
- $183.5k
- Revenue
- $236.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Roswell, GA
- Founding
- 10/2015
- Data as of
- 06/2021
- EIN
- 46-4829028
Organization Overview
Roswell Arts Fund Inc is located in Roswell, GA. The organization was established in 2015. 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 06/2021, Roswell Arts Fund Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roswell Arts Fund 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 06/2021, Roswell Arts Fund Inc generated $236.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $357.7k during the year ending 06/2021. 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
STRENGTHEN THE SCOPE OF PUBLIC ARTS IN ROSWELL, GEORGIA AND TO CHAMPION THE ABILITY OF THE ARTS TO EXCITE THE IMAGINATION, STRENGTHEN PUBLIC PLACES, AND ENCOURAGE CONVERSATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTAROUND ROSWELL SCULPTURE EXHIBITIONA "MUSEUM WITHOUT WALLS" THAT FEATURES TEMPORARY, LARGE-SCALE, OUTDOOR SCULPTURES, ALONGSIDE PERMANENT INSTALLATIONS THAT HAVE BEEN INCORPORATED IN THE CITY'S COLLECTION OVER THE YEARS. THIS PROGRAM ADDRESSES THE DESIRE FOR MORE PUBLIC ART OFFERINGS IN THE CITY OF ROSWELL AS ILLUSTRATED BY THE "IMAGINE ROSWELL ARTS AND CULTURE 2030" MASTER PLAN AND THE ROSWELL PUBLIC ART MASTER PLAN.
POP UP PERFORMANCESON BEHALF OF THE CITY OF ROSWELL, ROSWELL ARTS FUND COMPLETED A THREE-PART PERFORMANCE SPACE FEASIBILITY STUDY AND PRESENTED THE FINAL RESULTS TO THE CITY IN 2018. THE ROSWELL ARTS FUND POP UP PERFORMANCE SERIES IS THE FIRST STEP TOWARDS BUILDING A PERMANENT, PREMIUM PERFORMING ARTS VENUE IN ROSWELL WITH THE POTENTIAL TO COMPLEMENT OUR ROBUST RESTAURANT SCENE, INCREASE TOURISM, EMBODY OUR LOCAL PRIDE, STRENGTHEN OUR BRAND, AND ACTIVATE OUR MODERN SPIRIT. SOUTHERN SOUL.THE EXPERIENCE AT EACH OUR POP UPS IS CRAFTED TO REFLECT OUR DRIVING VISION WHICH INCLUDES THE FOLLOWING PRINCIPLES: DIVERSITY: PERFORMANCES FROM A VARIETY OF GENRES AND CULTURESCREATIVITY: UNIQUE OPPORTUNITIES IN EACH SPACE FOR MERGED ART EXPERIENCESCOMMUNITY: ONE OF A KIND LIVING ROOM CONCERTS CONNECTING YOU TO THE MUSIC, YOUR NEIGHBORS AND YOUR SURROUNDINGSCOLLABORATION: WORLD CLASS PERFORMERS ALONGSIDE INCREDIBLE LOCAL ARTISTS
ARTIST BIKE RACKSPERMANENT, ARTIST DESIGNED BIKE RACKS INSTALLED IN FRONT OF PUBLIC BUILDINGS THROUGHOUT ROSWELL. A "FUNCTIONAL ART" PROJECT THAT ILLUSTRATES POSSIBILITIES FOR INCORPORATING ART INTO OTHER PUBLIC WORKS. THE INAUGURAL SEASON OF ARTISTS BIKE RACKS LAUNCHED IN FY19 WITH INSTALLATION OF THE PIECES SCHEDULED FOR EARLY FY20.
THE DESIGNATED ARTS AGENCY FOR THE CITY OF ROSWELL PROVIDING A VARIETY OF ARTS EXPERIENCES FOR THE CITY/COMMUNITY. HELPING TO INFUSE A SENSIBILITY TO ART AND ITS POSITIVE CONTRIBUTIONS TO CREATING A SENSE OF COMMUNTIY WORKING WITH THE CITY IN A VARIETY OF ASPECTS AS WELL AS CREATING VARIOUS PROGRAMS SUCH AS ARTISTS MARKETPLACE AND ROSWELL IN PRINT EXHIBITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Hitch Chair | OfficerTrustee | 20 | $0 |
Lawrence Catchpole Vice Chair | OfficerTrustee | 15 | $0 |
Jay Small Treasurer | OfficerTrustee | 5 | $0 |
Jane Brown Secretary | OfficerTrustee | 3 | $0 |
Stanley Mac Smith Board Member | Trustee | 1 | $0 |
Catherine Storey Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $23,750 |
| All other contributions, gifts, grants, and similar amounts not included above | $33,742 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,492 |
| Total Program Service Revenue | $175,277 |
| Investment income | $2,174 |
| 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 | $236,744 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $145,000 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,349 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $96,121 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $13,102 |
| Total functional expenses | $357,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $183,488 |
| 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 | $183,488 |
| 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 | $24,946 |
| Total liabilities | $24,946 |
| Net assets without donor restrictions | $158,542 |
| 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 | $183,488 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Roswell Arts Fund Inc has recieved totaling $1,016.
| Awarding Organization | Amount |
|---|---|
Geisel Family Foundation Inc Roswell, GA PURPOSE: PUBLIC SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $16 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of The Four Arts Palm Beach, FL | $121,173,909 | $24,597,391 |
Music City Inc Nashville, TN | $1,837,848 | $7,930,504 |
Spoleto Festival U S A Charleston, SC | $23,626,585 | $7,325,323 |
Crosstown Arts Memphis, TN | $38,457,214 | $4,680,625 |
Irma And Norman Braman Art Foundation Miami, FL | $27,200,000 | -$200,000 |
John C Campbell Folk School Brasstown, NC | $20,488,128 | $4,524,565 |
Korean Martial Arts Culture & Education Foundation Inc Hollywood, FL | $530,186 | $4,469,417 |
Arts Center Of Coastal Carolina Hilton Head Island, SC | $10,441,766 | $4,547,581 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Memphis Equity Through Arts Meta Incorporated Memphis, TN | $5,874,530 | $7,164,597 |
Memphis In May International Festival Inc Memphis, TN | $4,677,503 | $2,273,583 |
Safe States Alliance Atlanta, GA | $855,123 | $2,462,301 |