Encaustic Art Institute

“Part i - line 21 - net assets or fund balances at end of year: organization has a long-term eidl loan for 32,700 that is primary driver of negative net assets of 3,595 at 12-31-2022.”

“Expenses marketing - print, promotion 786 office supplies 963 merchant fees 1,553 workshop supplies 684 bank fees 6 wireless / internet 964 hosting, support, software 3,503 travel 378 eidl loan interest 1,680 ea magazine costs 1,538 member artist sale fees 1,885 exhibition costs 1,100 museum costs 492 non-investment depreciation 8 total 15,540”

“Prior period adjustment 0”

“5,588 5,588 less accumulated depreciation 5,580 5,588 total 8 0”

“EIDL LOAN 31,020 31,020”

“Promote public awareness, understanding, and appreciation of encaustic art. Also, offer space and programs for children and professional encaustic artists, to exchange information and technique for working with wax. And, provide all encaustic artists with a place to display and sell their art. The museum of encaustic art aims to grow america's largest, most extensive, and best represented encaustic art collection. The collection includes several categories of encaustic art, such as encaustic painting, encaustic with paper and photography, encaustic with mixed media, encaustic sculpture, encaustic monotypes, and cold wax. We intend to draw attention of this medium to the public at large through enticing exhibits, tours/hands-on demonstrations, and collaboratively working with other community organizations.”

“Ongoing operation of the encaustic art institute (eai) - provides memberships, education, workshops, juried exhibitions and semi-annual on- linepublication of encaustic arts magazine. In addition, eai operates the museum of encaustic art (moeart.org) - housing the largest collection of encaustic art in the united states with over 450 works of art in its permanent collection. The 2500 square foot museum is open to the public offering rotating events, special exhibitions, and an on-line catalog of the entire permanent collection.”