Portrait Society Of America Inc
- Assets
- $681.2k
- Revenue
- $870.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Tallahassee, FL
- Founding
- 02/1999
- Data as of
- 12/2022
- EIN
- 59-3515141
Organization Overview
Portrait Society Of America Inc is located in Tallahassee, FL. The organization was established in 1999. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Portrait Society Of America Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portrait Society Of America 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 12/2022, Portrait Society Of America Inc generated $870.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $745.5k during the year ending 12/2022. While expenses have increased by 1.2% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER AND ENHANCE AN UNDERSTANDING OF THE PRACTICE, TECHNIQUES AND APPLICATIONS OF TRADITIONAL FINE ART PORTRAITURE.
Describe the Organization's Program Activity:
TO PROMOTE AN UNDERSTANDING AND APPRECIATION OF TRADITIONAL FINE ART PORTRAITURE THROUGH EDUCATION AND PUBLICATIONS.
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 |
|---|---|---|---|
Christine Egnoski Jonas Executive Di | Officer | 45 | $92,056 |
Kimberly Azzarito Assistant Di | Officer | 35 | $62,775 |
Wende Caporale Greene Secretary/tr | OfficerTrustee | 1 | $0 |
Quang Ho Director | Trustee | 1 | $0 |
Michael Shane Neal Chairman | OfficerTrustee | 1 | $0 |
Dawn Whitelaw Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $211,381 |
| Fundraising events | $49,461 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $89,721 |
| Noncash contributions included in lines 1a–1f | $49,461 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $350,563 |
| Total Program Service Revenue | $518,772 |
| Investment income | $1,001 |
| 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 | $870,336 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $153,575 |
| Compensation of current officers, directors, key employees. | $32,570 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $101,755 |
| Pension plan accruals and contributions | $6,662 |
| Other employee benefits | $21,587 |
| Payroll taxes | $18,420 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,167 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,121 |
| Advertising and promotion | $7,348 |
| Office expenses | $145,663 |
| Information technology | $2,029 |
| Royalties | $0 |
| Occupancy | $9,895 |
| Travel | $28,295 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $149,498 |
| Interest | $3,890 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,697 |
| Insurance | $4,482 |
| All other expenses | $0 |
| Total functional expenses | $745,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $273,923 |
| Savings and temporary cash investments | $231,702 |
| 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 | $173,454 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,113 |
| Total assets | $681,192 |
| Accounts payable and accrued expenses | $1 |
| 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 | $67,890 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $58,201 |
| Total liabilities | $126,092 |
| Net assets without donor restrictions | $555,100 |
| 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 | $681,192 |