Magnolia Art Xchange Inc.

“Expenses advertising and promotion 2,268 business registration fees 161 flipcause fees 600 bank fees 82 postage, mailing service 234 supplies 918 interest 1,654 insurance 2,591 outside contract services 264 other costs 132 special events expenses 3,876 quickbooks expenses 346 equipment 1,382 total 14,508”

“The magnolia art exchange, inc. Will provide opportunities for art appreciation and education by providing working art studios, instructional spaces, and exhibition opportunities for visual artists in a collaborative hub that encourages professional development. Objectives are to contribute to the cultural, educational, and economic vitality of ocala/marion county by: supporting the professional growth and education of artists, enhancing and expanding the cultural campus located within ocala's central business district, providing citizens and visitors with the opportunity to engage artists, learn and view the process for creating fine art, and experience the intersection of art and community, supporting the community's commitment to the arts and supporting the city of ocala's economic goals by drawing visitors and residents to the central business district and to retail and commercial establishments.”

“During 2019 the magnolia art exchange, inc's largest accomplishment has been developing it's marketing plan and putting infrastructure in place to reach it's future fundraising goals and implement partnerships within our community. The 2019 expenses have been for general business and administrative items. There were no program related revenue and/or expenses.”