Garfield Center Foundation Inc
- Assets
- $1.2m
- Revenue
- $339.6k
- Investments
- $0.0
- Employees
- 7
- Location
- Chestertown, MD
- Founding
- 05/2002
- Data as of
- 12/2021
- EIN
- 52-2343419
Organization Overview
Garfield Center Foundation Inc is located in Chestertown, MD. The organization was established in 2002. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Garfield Center Foundation Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Garfield Center Foundation 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, Garfield Center Foundation Inc generated $339.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $252.7k during the year ending 12/2021. 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
TO INVIGORATE THE CULTURAL LIFE OF OUR COMMUNITY BY NUTURING, CELEBRATING AND SUPPORTING ARTS AND ARTISTS THROUGH PERFORMANCE AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACHIEVED WIDE COMMUNITY PARTICIPATION IN THE EDUCATIONAL AND CULTURAL PROGRAMS PROVIDED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Sullivan President | OfficerTrustee | 8 | $0 |
Natalie Lane Secretary | OfficerTrustee | 5 | $0 |
Name Not Listed Vice Preside | OfficerTrustee | 2 | $0 |
Pamela Duke Director | Trustee | 1 | $0 |
Karen Ferguson Treasurer | Trustee | 6 | $0 |
Matthew Garfield Honarary Cha | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $112,370 |
| All other contributions, gifts, grants, and similar amounts not included above | $129,946 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $242,316 |
| Total Program Service Revenue | $97,219 |
| Investment income | $48 |
| 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 | $339,583 |
| 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 | $0 |
| Other salaries and wages | $93,451 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,832 |
| Payroll taxes | $7,824 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,115 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,260 |
| Advertising and promotion | $11,565 |
| Office expenses | $9,149 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,903 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,279 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $22,647 |
| All other expenses | $6,986 |
| Total functional expenses | $252,708 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,028 |
| Savings and temporary cash investments | $48 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,417 |
| 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 | $1,375 |
| Net Land, buildings, and equipment | $1,074,775 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,204,643 |
| Accounts payable and accrued expenses | -$4,245 |
| 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 | $69,439 |
| Total liabilities | $65,194 |
| Net assets without donor restrictions | $1,130,324 |
| Net assets with donor restrictions | $9,125 |
| 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 | $1,204,643 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Garfield Center Foundation Inc has recieved totaling $10,052.
| Awarding Organization | Amount |
|---|---|
Kent Cultural Alliance Inc Chestertown, MD PURPOSE: GENERAL OPERATING | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $52 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Washington Drama Society Inc Washington, DC | $146,547,458 | $18,030,478 |
Shakespeare Theatre Washington, DC | $65,973,767 | $13,307,263 |
Ford S Theatre Society Washington, DC | $70,916,217 | $19,576,339 |
Olney Theatre Corporation Olney, MD | $19,570,202 | $9,983,104 |
Round House Theatre Inc Bethesda, MD | $10,592,034 | $5,829,495 |
Center Stage Associates Inc Baltimore, MD | $48,178,796 | $10,294,538 |
Woolly Mammoth Theatre Co Washington, DC | $10,084,762 | $5,303,229 |
Signature Theatre Inc Arlington, VA | $13,654,259 | $8,861,886 |
Pittsburgh Public Theater Corporation Pittsburgh, PA | $13,504,730 | $6,047,116 |
Walnut Street Theatre Corp Philadelphia, PA | $35,930,137 | $7,380,897 |
Studio Theatre Inc Washington, DC | $29,626,352 | $6,176,456 |
Arden Theatre Company Philadelphia, PA | $14,483,355 | $5,191,205 |