Artyard is located in Erwinna, PA. The organization was established in 2015. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Artyard 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 12/2022, Artyard generated $631.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $2.5m during the year ending 12/2022. While expenses have increased by 24.7% per year over the past 7 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WORKS WITH PROFESSIONALS TO OPERATE AN ART CENTER/THEATER WHICH OPERATES IN FRENCHTOWN, NEW JERSEY. SPECIFIC PROGRAMS/ACTIVITIES INCLUDE ART EXHIBITIONS, THEATER AND MUSICAL PERFORMANCES, FILM SHOWINGS, AND COMMUNITY EVENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Mcdonnell Pres., Bd Of Trustees/ Executive Dir. | 8 | $0 | |
Stephen Mcdonnell Treasurer, Board Of Trustees | 4 | $0 | |
Ursula Warchol Secretary, Board Of Trustees | 4 | $0 | |
Chris Daggett Member, Board Of Trustees | 4 | $0 | |
Jill Hartz Member, Board Of Trustees | 4 | $0 | |
Sharnita Johnson Member, Board Of Trustees | 4 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ws Cumby Inc | 12/30/22 | $0 |
Doherty Construction Rigging | 12/30/22 | $0 |
Robinson Architecture | 12/30/22 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $19,557 |
| Interest on Savings | $0 |
| Dividends & Interest | $407,731 |
| Net Rental Income | $173,760 |
| Net Gain on Sale of Assets | -$38,770 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $3,542 |
| Other Income | $65,538 |
| Total Revenue | $631,358 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $281,394 |
| Other employee salaries and wages | $492,272 |
| Pension plans, employee benefits | $69,232 |
| Interest | $0 |
| Taxes | $276,074 |
| Depreciation | $500,963 |
| Occupancy | $251,139 |
| Travel, conferences, and meetings | $10,844 |
| Printing and publications | $0 |
| Other expenses | $375,217 |
| Total operating and administrative expenses | $2,471,610 |
| Contributions, gifts, grants paid | $3,988 |
| Total expenses and disbursements | $2,475,598 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $574,962 |
| Savings and temporary cash investments | $622,105 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $14,056 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $2,667,689 |
| Investments—other | $15,517,591 |
| Net Land, buildings, and equipment | $16,268,594 |
| Other assets | $123,563 |
| Total assets | $47,741,451 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Artyard has awarded $3,988 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL CENTER FOR TRANSGENDER EQUALITY PURPOSE: TO FUND RECIPIENT'S OPERATING ACTIVITIES | $2,500 |
COLAB ARTS PURPOSE: TO FUND RECIPIENT'S OPERATING ACTIVITIES | $1,438 |
UNION FIRE COMPANY NO1 PURPOSE: TO FUND RECIPIENT'S OPERATING ACTIVITIES | $50 |