O'more College Of Design
- Assets
- $0.0
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 106
- Location
- Franklin, TN
- Founding
- Data as of
- 06/2018
- EIN
- 62-0814498
Organization Overview
O'more College Of Design is located in Franklin, TN. As of 06/2018, O'more College Of Design employed 106 individuals. O'more College Of Design 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 06/2018, O'more College Of Design generated $4.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $5.1m during the year ending 06/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
O'MORE COLLLEGE OF DESIGN PROVIDES A QUALITY ART AND DESIGN EDUCATION THAT EMPHASIZES INDIVIDUAL ATTENTION. THE COLLEGE PROMOTES A PARTNERSHIP WITH THE LOCAL, REGIONAL, AND GLOBAL COMMUNITY THROUGH EXHIBITS, PROGRAMS, CONTINUING EDUCATION , AND SERVICE PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSRTUCTION OF INTERIOR DESIGN, FASHION MERCHANDISING & DESIGN, ADVERTISING & GRAPHIC DESIGN -NUMBER OF STUDENTS RANGES FROM 175-200. ALSO, INSTRUCTION OF ART & ARCHITECTURE IN SUMMER CAMP.
INSTRUCTION OF INTERIOR DESIGN, FASHION MERCHANDISING & DESIGN, ADVERTISING & GRAPHIC DESIGN - NUMBER OF STUDENTS RANGES FROM 175-200. ALSO, INSTRUCTION OF ART & ARCHITECTURE IN SUMMER CAMP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shari Fox President | OfficerTrustee | 40 | $150,000 |
Steve Banks Controller/d | Trustee | 1 | $70,000 |
Jamie Shaffer Dir Of Acade | Trustee | 1 | $60,000 |
Ashlyn Hines Meneguzzi Chair | OfficerTrustee | 1 | $0 |
Ginny Caldwell Vice-Chair | OfficerTrustee | 1 | $0 |
Todd Shearer Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,827 |
| Related organizations | $0 |
| Government grants | $80,680 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,998 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,505 |
| Total Program Service Revenue | $4,222,505 |
| Investment income | $250 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$29,676 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,302,584 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,360,235 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $280,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,767,726 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $144,182 |
| Payroll taxes | $158,934 |
| 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 | $184,056 |
| Office expenses | $22,097 |
| Information technology | $0 |
| 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 | $138,428 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $222,948 |
| Insurance | $0 |
| All other expenses | $14,593 |
| Total functional expenses | $5,086,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| 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 | $0 |