First City Arts Alliance Inc
- Assets
- $647.5k
- Revenue
- $853.9k
- Investments
- $0.0
- Employees
- 9
- Location
- Pensacola, FL
- Founding
- 03/1988
- Data as of
- 12/2023
- EIN
- 59-2787230
Organization Overview
First City Arts Alliance Inc is located in Pensacola, FL. The organization was established in 1988. 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, First City Arts Alliance Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First City Arts Alliance 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 12/2023, First City Arts Alliance Inc generated $853.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $974.2k during the year ending 12/2023. While expenses have increased by 4.0% per year over the past 6 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
PROMOTE & SUPPORT LOCAL ARTISTS & PROVIDE THE COMMUNITY WITH WORKSHOPS & EVENTS TO TEACH & PROMOTE VARIOUS TYPES OF ART-PRODUCING TECHNIQUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE & SUPPORT LOCAL ARTISTS & PROVIDE THE COMMUNITY WITH WORKSHOPS & EVENTS TO TEACH & PROMOTE VARIOUS TYPES OF ART-PRODUCING TECHNIQUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Conrad Director | Trustee | $0 | |
Steve Davidson Treasurer | OfficerTrustee | $0 | |
Sydney Robinson Director | Trustee | $0 | |
Patty Manhire Director | Trustee | $0 | |
Steven Sebold Director | Trustee | $0 | |
Jane Switzer Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,806 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $111,356 |
| Noncash contributions included in lines 1a–1f | $24,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $126,162 |
| Total Program Service Revenue | $528,608 |
| Investment income | $282 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,450 |
| Net Income from Fundraising Events | $151,634 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $41,291 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $853,877 |
| 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. | $80,500 |
| Compensation of current officers, directors, key employees. | $80,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $290,653 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $322,606 |
| Advertising and promotion | $22,606 |
| Office expenses | $4,629 |
| Information technology | $5,523 |
| 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 | $2,941 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,789 |
| Insurance | $30,683 |
| All other expenses | $19,163 |
| Total functional expenses | $974,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $60,455 |
| 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 | $25,669 |
| Prepaid expenses and deferred charges | $7,531 |
| Net Land, buildings, and equipment | $374,537 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $179,286 |
| Total assets | $647,478 |
| Accounts payable and accrued expenses | $12,431 |
| 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 | $147,713 |
| Unsecured mortgages and notes payable | $30,210 |
| Other liabilities | $29,008 |
| Total liabilities | $219,362 |
| Net assets without donor restrictions | $428,116 |
| 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 | $647,478 |