Riverside Fine Arts Association Inc is located in Jacksonville, FL. The organization was established in 1996. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 05/2017, Riverside Fine Arts Association Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverside Fine Arts Association 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 05/2017, Riverside Fine Arts Association Inc generated $171.2k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $176.7k during the year ending 05/2017. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
RIVERSIDE FINE ARTS SEEKS TO ENRICH AND INSPIRE OUR COMMUNITY AND ITS SCHOOLS THROUGH THE SHARED EXPERIENCE OF LIVE MUSIC AND VISUAL ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RIVERSIDE FINE ARTS ASSOCIATION SPONSORS A FINE ARTS SERIES IN JACKSONVILLE, FLORIDA THAT INCLUDED SEVEN MUSICAL PRODUCTIONS IN 2016/17. ADDITIONALLY, PERFORMANCES ARE HELD IN SCHOOLS THROUGH PROJECT LISTEN.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Lee Pappas Director | Trustee | $0 | |
Glenna M Viega President | OfficerTrustee | 4 | $0 |
Dr Ross Krueger Treasurer | OfficerTrustee | 4 | $0 |
Linda Cooper Secretary | OfficerTrustee | 2 | $0 |
Mary Biggs Knauer Director | Trustee | 2 | $0 |
Edmund Akers Director | Trustee | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $37,658 |
| All other contributions, gifts, grants, and similar amounts not included above | $85,220 |
| Noncash contributions included in lines 1a–1f | $18,398 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,878 |
| Total Program Service Revenue | $38,280 |
| Investment income | $143 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,890 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $171,191 |
| 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. | $49,435 |
| Compensation of current officers, directors, key employees. | $7,909 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,916 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,636 |
| 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 | $0 |
| Advertising and promotion | $12,020 |
| Office expenses | $3,457 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,617 |
| 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 | $644 |
| Insurance | $2,310 |
| All other expenses | $8,608 |
| Total functional expenses | $176,701 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $629 |
| Savings and temporary cash investments | $55,726 |
| 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 | $1,640 |
| Net Land, buildings, and equipment | $3,589 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $61,584 |
| Accounts payable and accrued expenses | $2,000 |
| Grants payable | $0 |
| Deferred revenue | $400 |
| 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 | $2,400 |
| Unrestricted restricted net Assets | $35,369 |
| Temporarily restricted net Assets | $23,815 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $59,184 |