District Of Columbia Arts Center Inc
- Assets
- $221.2k
- Revenue
- $429.1k
- Investments
- $0.0
- Employees
- 12
- Location
- Washington, DC
- Founding
- 09/1989
- Data as of
- 12/2023
- EIN
- 52-1642494
Organization Overview
District Of Columbia Arts Center Inc, operating under the name DC Arts Center, is located in Washington, DC. The organization was established in 1989. 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 12/2023, DC Arts Center employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. DC Arts Center 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 12/2023, DC Arts Center generated $429.1k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $335.0k during the year ending 12/2023. While expenses have increased by 8.9% per year over the past 9 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 DISTRICT OF COLUMBIA ARTS CENTER SERVES THE WASHINGTON DC AREA BY PRESENTING HIGH CALIBER AND CHALLENGING WORKS. IT ENCOURAGES PROFESSIONALISM AMONG ARTISTS BY PROVIDING A FORUM FOR EDUCATIONAL AND CULTURAL EXCHANGE. DCAC WAS FOUNDED IN 1989.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2023 WAS A LANDMARK YEAR FOR THE DC ARTS CENTER, MARKED BY SIGNIFICANT ACHIEVEMENTS AND GROWTH. WE SECURED CRUCIAL FUNDING THAT ENABLED TRANSFORMATIVE RENOVATIONS, INCLUDING THE INSTALLATION OF A NEW HVAC SYSTEM, AS WELL AS STATE-OF-THE-ART LIGHTING AND SOUND EQUIPMENT IN OUR THEATRE. THESE UPGRADES HAVE ENHANCED THE EXPERIENCE FOR BOTH ARTISTS AND AUDIENCES, SOLIDIFYING OUR COMMITMENT TO FOSTERING AN INNOVATIVE AND ACCESSIBLE CREATIVE SPACE. WE PROUDLY LAUNCHED A NEW MEMBERSHIP PROGRAM, WHICH RECEIVED A WONDERFUL RECEPTION FROM OUR COMMUNITY, FURTHER STRENGTHENING OUR CONNECTIONS AND BROADENING OUR SUPPORT NETWORK. ADDITIONALLY, WE INTRODUCED A NEW WORKSHOP SERIES, PROVIDING VALUABLE WORKSHOPS FOR THE LOCAL ARTIST COMMUNITY AND REINFORCING OUR MISSION TO EMPOWER AND DEVELOP LOCAL TALENT.OUR ANNUAL WALLMOUNTABLES FUNDRAISER SHOWCASED THE VIBRANCY OF OUR ARTS COMMUNITY, FEATURING WORKS BY OVER 90 LOCAL ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joette James Secretary | Trustee | 1 | $0 |
Karen Cooper Director | Trustee | 1 | $0 |
Brian Wiilliamson Treasurer | Trustee | 1 | $0 |
Kathryn Mcdonnell Director | Trustee | 1 | $0 |
Lisa Gilotty Director | Trustee | 1 | $0 |
Eames Armstrong Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $19,728 |
| Fundraising events | $4,803 |
| Related organizations | $0 |
| Government grants | $169,154 |
| All other contributions, gifts, grants, and similar amounts not included above | $151,112 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $344,797 |
| Total Program Service Revenue | $84,323 |
| 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 | $429,120 |
| 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. | $79,410 |
| Compensation of current officers, directors, key employees. | $15,385 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $81,862 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,401 |
| Payroll taxes | $13,798 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,577 |
| 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 | $7,746 |
| Advertising and promotion | $6,020 |
| Office expenses | $6,780 |
| Information technology | $5,613 |
| Royalties | $0 |
| Occupancy | $40,503 |
| Travel | $830 |
| 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 | $1,520 |
| Insurance | $3,669 |
| All other expenses | $9,754 |
| Total functional expenses | $335,023 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,840 |
| 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 | $151,366 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $221,206 |
| Accounts payable and accrued expenses | $6,272 |
| 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 | $6,272 |
| Net assets without donor restrictions | $214,934 |
| 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 | $221,206 |