Civic Intelligence

Artsnow

990 • Fiscal year 2021 • EIN 47-5513742

Jul 01, 2020 to Jun 30, 2021 • Filed on May 01, 2022

175 South Main Street Suite 100Akron, OH 44308

(330) 203-1606

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

77th percentile

0.26x

Higher debt load relative to assets than 77% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

76th percentile

0.23x

Higher debt load relative to revenue than 76% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

82nd percentile

41%

Higher net margin than 82% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

88th percentile

$99,317

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

90th percentile

87%

Faster asset growth than 90% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

94th percentile

228%

Faster revenue growth than 94% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$777,747

Up $362,358 (+87%) from 2020

Net Assets

Up

$577,040

Up $218,625 (+61%) from 2020

Liabilities

Up

$200,707

Up $143,733 (+252%) from 2020

Revenue

Up

$856,414

Up $595,495 (+228%) from 2020

Expenses

Up

$504,058

Up $165,227 (+49%) from 2020

Net Income

Up

$352,356

Up $430,268 (+552%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2016: $1Liabilities 2016: $02016Assets 2018: $172,286Liabilities 2018: $145,0002018Assets 2019: $436,828Liabilities 2019: $501Net Assets 2019: $436,3272019Assets 2020: $415,389Liabilities 2020: $56,974Net Assets 2020: $358,4152020Assets 2021: $777,747Liabilities 2021: $200,707Net Assets 2021: $577,0402021Assets 2022: $807,263Liabilities 2022: $216,962Net Assets 2022: $590,3012022Assets 2023: $804,694Liabilities 2023: $170,503Net Assets 2023: $634,1912023Assets 2024: $712,452Liabilities 2024: $181,793Net Assets 2024: $530,6592024Assets 2025: $525,755Liabilities 2025: $40,596Net Assets 2025: $485,1592025

Highlighted filing

2021

Assets$777,747
Liabilities$200,707
Net Assets$577,040

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2018: $162,715Expenses 2018: $163,448Net Income 2018: -$7332018Revenue 2019: $799,024Expenses 2019: $389,983Net Income 2019: $409,0412019Revenue 2020: $260,919Expenses 2020: $338,831Net Income 2020: -$77,9122020Revenue 2021: $856,414Expenses 2021: $504,058Net Income 2021: $352,3562021Revenue 2022: $439,431Expenses 2022: $426,170Net Income 2022: $13,2612022Revenue 2023: $870,822Expenses 2023: $656,466Net Income 2023: $214,3562023Revenue 2024: $849,776Expenses 2024: $953,308Net Income 2024: -$103,5322024Revenue 2025: $1,128,951Expenses 2025: $1,363,434Net Income 2025: -$234,4832025

Highlighted filing

2021

Revenue$856,414
Expenses$504,058
Net Income$352,356
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 1, 2022
Return Version
2020v4.0
Gross Receipts
$856,414
Mission and Program Overview

Mission

Artsnow strengthens summit county by advancing its arts and culture assets and building connections between arts & culture and the broad community. Artsnow:a. Provides access to arts and culture information.b. Aggregates and analyzes data about arts and culture to drive sector improvement.c. Advocate for arts and culture across the public, private and nonprofit sector.d. Convenes and connects makers and presenters to strengthen the sector's impact and relevance. E. Builds and strengthens funding for arts and culture.

Artsnow strengthens summit county by advancing its arts & culture assets and building connections between arts & culture and the broad community. Artsnow: -provides residents of summit county access to information about the diverse arts & culture offerings available in summit county. -aggregates and analyzes data about arts & culture to drive sector improvement. -advocates for arts & culture across the public, private and nonprofit sectors. -convenes and connects makers and presenters to strengthen the sector's impact and relevance. -builds and strengthens funding for arts & culture. In fy21, artsnow focused on the following programs: 1.)continue to advance the implementation of cultural plan (www.akronculturalplan.com) 2.)work with public, private, and nonprofit partners to support and triage the arts and culture sector as well as building toward recovery. 3.)professional development series (and adaptation relative to covid-19)

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$406,528$467,619▲ $61,091
Pledges and Grants Receivable-$302,500-
Land, Buildings, and Equipment, Net-$3,902-
Prepaid Expenses and Deferred Charges$8,861$3,206▼ $5,655
Accounts Receivable-$520-
Total Assets$415,389$777,747▲ $362,358
Liabilities
Deferred Revenue$56,094$181,079▲ $124,985
Accounts Payable and Accrued Expenses$880$19,628▲ $18,748
Total Liabilities$56,974$200,707▲ $143,733
Net Assets / Fund Balance
Net Assets With Donor Restrictions$152,100$300,000▲ $147,900
Net Assets Without Donor Restrictions$206,315$277,040▲ $70,725
Total Net Assets Fund Balance$358,415$577,040▲ $218,625
Total Liabilities and Net Assets / Fund Balance$415,389$777,747▲ $362,358

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,902$922$4,824
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nicole MulletExecutive DiFT$93,076$6,241$99,317

Board Members and Trustees

NameTitle
Kendra WilliamsPresident
Cassie TestaTrustee
David HamiltonTrustee
Georgia MillerTrustee
Jon FiumeTrustee
Leianne Neff HeppnerTrustee
Lisa KingTrustee
Rob LehrTrustee
Steve MillardTrustee
Dominic Moore-dunsonSecretary
Sean JoyceTreasurer
Gregg MervisVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$788,844
Program Service Revenue
$66,600
Investment Income
$0
Other Revenue
$970
All Other Contributions
$779,278
Change in Net Assets
$352,356
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$243,804
Salaries, Compensation, and Employee Benefits$137,753
Grants and Similar Amounts Paid$122,501
Total Fundraising Expense$57,899
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$166,211--$166,211
Grants to Domestic Individuals$122,501--$122,501
Current Officers, Directors, Trustees, and Key Employees$24,744$42,346$36,227$103,317
Other Salaries and Wages$6,012$10,291$8,804$25,107
Fees for Services Accounting$2,410$4,123$3,527$10,060
Payroll Taxes$2,234$3,824$3,271$9,329
Office Expenses$1,835$3,140$2,687$7,662
Fees for Services Legal$6,100--$6,100
Conferences and Meetings$892$1,526$1,305$3,723
Insurance$364$624$534$1,522
All Other Expenses$172$294$251$717
Other Expenses$663$415$355$663
Depreciation Depletion$132$225$193$550
Total Functional Expenses$378,481$67,678$57,899$504,058
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 was made available to the board of trustees for review prior to filing.

Form 990, Page 6, Part VI, Line 12C

Conflict of interest disclosures are obtained annually or upon the occurance of a conflict. In addition, management and the board of trustees monitor the activities of the organization on a perpetual basis for conflicts of interest. All identified conflicts of interest are brought to the board of trustees for evaluation and resolution in compliance with the policy.

Form 990, Page 6, Part VI, Line 15A

The compensation of the executive director is determined and approved by the board of trustees using salary surveys and other relevant data along with performance indicators.

Form 990, Page 6, Part VI, Line 19

Such documents were made available upon request.

Filing and Contact Details

Filer

Filer Name
Artsnow
EIN
47-5513742
Phone
3302031606
Address
175 SOUTH MAIN STREET SUITE 100, AKRON, OH 44308

Signing Officer

Name
Kendra Williams
Title
President
Phone
3307522815
Signed
2022-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicole Mullet
Formed
2015
Legal Domicile
Oh
Voting Board Members
11
Independent Board Members
11
Employees
4
Volunteers
32

Preparer

Firm
Crum & Company
Address
1640 AKRON PENINSULA RD STE 102, AKRON, OH 44313
Preparer
Kevin K Crum
Phone
3308671222
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Artsnow strengthens summit county by advancing its arts & culture assets and building connections between arts & culture and the broad community. Artsnow: a. Provides residents of summit county access to information about the diverse arts & culture offerings available in summit county. B. Aggregates and analyzes data about arts & culture to drive sector improvement. C. Advocates for arts & culture across the public, private and nonprofit sectors. D. Convenes and connects makers and presenters to strengthen the sector's impact and relevance. E. Builds and strengthens funding for arts & culture.

Form 990, Page 2, Part III, Line 4A

Cultural plan: ongoing implementation in 2019, for the first time in its history, greater akron engaged in a citywide cultural planning process with goals to strengthen the city, advance cultural diversity, increase opportunities to create culture, and provide vibrant experiences for all akron residents. With implementation of the ten priorities underway, artsnow is very focused on advancing the plan and ensuring the investment of our residents is fully realized. Artsnow has been focusing on three key areas of the cultural plan: -inclusion, equity, and access (priorities 1 & 2): we believe that people of all ages, races, genders, orientations, religions, abilities, means, and backgrounds must have access to and participate in the making of a thriving cultural scene. We worked to advance efforts that maximize access to cultural experiences so all akron residents and visitors feel like valued guests and welcomed creators of art and culture. -explore the financial strength of the cultural sector (priority 6): a healthy cultural sector requires sustainable funding sources in order to maximize its potential for community impact. A comprehensive assessment of sustainable funding models must be created in order to determine an appropriate path forward to fully realize that impact. This assessment should objectively examine the current financial health of the sector, its current and potential economic impact, and assess the capacities and priorities of the philanthropic, business, and public sectors. -ensuring talent is support in summit county (priority 4). Artsnow hosted over 15 events and 600 attendees from across our arts and culture sector. 48% of attendees who participated were first-time artsnow workshop participants and 100% were very satisfied with the content offerings from artsnow in the realm of talent support. Examples of cultural plan implementation -launch of akron black artist guild -collaboration among summit dd, akron-summit county public library, direction home, and tri-county independent living center to advance the accessibility library. -founding and launch of deia advisory board for arts and culture, summit county. -support the implementation of the city of akron's plan for public art and public art commission. -professional development/support for artists as entrepreneurs, for-profit arts and culture business, and nonprofits of all sizes. The implementation plan involves the following steps: 1)plan for action 2)engage 3)work toward specific priorities (resource leaders, key change makers, supporters) 4)advocate 5)resource

Form 990, Part IX, Line 11G

Consulting fees 166,211 0 0

Form 990, Part XI, Line 9

The organization underwent a financial review by an independent certified public accounting firm for the fiscal year and as a result of that financial review the statement of financial position at june 30, 2020 was adjusted by 133,731.

Financial Statement Notes

Schedule D, Page 3, Part X

The preparation of financial statements in conformity with accounting principles generally accepted in the united states of america requires the organization to report information regarding its exposure to various tax positions taken by the organization. The organization has determined whether any tax positions have met the recognition threshold and has measured the organization's exposure to those tax positions. Management believes that the organization has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed. If incurred, the organization records tax related penalties and interest as management and general costs in the accompanying statements of activities and changes in net assets and functional expenses. However, the organization incurred no tax related penalties or interest in 2021.

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IRS990/ActivityOrMissionDesc0ARTSNOW STRENGTHENS SUMMIT COUNTY BY ADVANCING ITS ARTS & CULTURE ASSETS AND BUILDING CONNECTIONS BETWEEN ARTS & CULTURE AND THE BROAD COMMUNITY. ARTSNOW: -PROVIDES RESIDENTS OF SUMMIT COUNTY ACCESS TO INFORMATION ABOUT THE DIVERSE ARTS & CULTURE OFFERINGS AVAILABLE IN SUMMIT COUNTY. -AGGREGATES AND ANALYZES DATA ABOUT ARTS & CULTURE TO DRIVE SECTOR IMPROVEMENT. -ADVOCATES FOR ARTS & CULTURE ACROSS THE PUBLIC, PRIVATE AND NONPROFIT SECTORS. -CONVENES AND CONNECTS MAKERS AND PRESENTERS TO STRENGTHEN THE SECTOR'S IMPACT AND RELEVANCE. -BUILDS AND STRENGTHENS FUNDING FOR ARTS & CULTURE. IN FY21, ARTSNOW FOCUSED ON THE FOLLOWING PROGRAMS: 1.)CONTINUE TO ADVANCE THE IMPLEMENTATION OF CULTURAL PLAN (WWW.AKRONCULTURALPLAN.COM) 2.)WORK WITH PUBLIC, PRIVATE, AND NONPROFIT PARTNERS TO SUPPORT AND TRIAGE THE ARTS AND CULTURE SECTOR AS WELL AS BUILDING TOWARD RECOVERY. 3.)PROFESSIONAL DEVELOPMENT SERIES (AND ADAPTATION RELATIVE TO COVID-19)
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IRS990/Desc0CULTURAL PLAN: ONGOING IMPLEMENTATION IN 2019, FOR THE FIRST TIME IN ITS HISTORY, GREATER AKRON ENGAGED IN A CITYWIDE CULTURAL PLANNING PROCESS WITH GOALS TO STRENGTHEN THE CITY, ADVANCE CULTURAL DIVERSITY, INCREASE OPPORTUNITIES TO CREATE CULTURE, AND PROVIDE VIBRANT EXPERIENCES FOR ALL AKRON RESIDENTS. WITH IMPLEMENTATION OF THE TEN PRIORITIES UNDERWAY, ARTSNOW IS VERY FOCUSED ON ADVANCING THE PLAN AND ENSURING THE INVESTMENT OF OUR RESIDENTS IS FULLY REALIZED. ARTSNOW HAS BEEN FOCUSING ON THREE KEY AREAS OF THE CULTURAL PLAN: -INCLUSION, EQUITY, AND ACCESS (PRIORITIES 1 & 2): WE BELIEVE THAT PEOPLE OF ALL AGES, RACES, GENDERS, ORIENTATIONS, RELIGIONS, ABILITIES, MEANS, AND BACKGROUNDS MUST HAVE ACCESS TO AND PARTICIPATE IN THE MAKING OF A THRIVING CULTURAL SCENE. WE WORKED TO ADVANCE EFFORTS THAT MAXIMIZE ACCESS TO CULTURAL EXPERIENCES SO ALL AKRON RESIDENTS AND VISITORS FEEL LIKE VALUED GUESTS AND WELCOMED CREATORS OF ART AND CULTURE. -EXPLORE THE FINANCIAL STRENGTH OF THE CULTURAL SECTOR (PRIORITY 6): A HEALTHY CULTURAL SECTOR REQUIRES SUSTAINABLE FUNDING SOURCES IN ORDER TO MAXIMIZE ITS POTENTIAL FOR COMMUNITY IMPACT. A COMPREHENSIVE ASSESSMENT OF SUSTAINABLE FUNDING MODELS MUST BE CREATED IN ORDER TO DETERMINE AN APPROPRIATE PATH FORWARD TO FULLY REALIZE THAT IMPACT. THIS ASSESSMENT SHOULD OBJECTIVELY EXAMINE THE CURRENT FINANCIAL HEALTH OF THE SECTOR, ITS CURRENT AND POTENTIAL ECONOMIC IMPACT, AND ASSESS THE CAPACITIES AND PRIORITIES OF THE PHILANTHROPIC, BUSINESS, AND PUBLIC SECTORS. -ENSURING TALENT IS SUPPORT IN SUMMIT COUNTY (PRIORITY 4). ARTSNOW HOSTED OVER 15 EVENTS AND 600 ATTENDEES FROM ACROSS OUR ARTS AND CULTURE SECTOR. 48% OF ATTENDEES WHO PARTICIPATED WERE FIRST-TIME ARTSNOW WORKSHOP PARTICIPANTS AND 100% WERE VERY SATISFIED WITH THE CONTENT OFFERINGS FROM ARTSNOW IN THE REALM OF TALENT SUPPORT. EXAMPLES OF CULTURAL PLAN IMPLEMENTATION -LAUNCH OF AKRON BLACK ARTIST GUILD -COLLABORATION AMONG SUMMIT DD, AKRON-SUMMIT COUNTY PUBLIC LIBRARY, DIRECTION HOME, AND TRI-COUNTY INDEPENDENT LIVING CENTER TO ADVANCE THE ACCESSIBILITY LIBRARY. -FOUNDING AND LAUNCH OF DEIA ADVISORY BOARD FOR ARTS AND CULTURE, SUMMIT COUNTY. -SUPPORT THE IMPLEMENTATION OF THE CITY OF AKRON'S PLAN FOR PUBLIC ART AND PUBLIC ART COMMISSION. -PROFESSIONAL DEVELOPMENT/SUPPORT FOR ARTISTS AS ENTREPRENEURS, FOR-PROFIT ARTS AND CULTURE BUSINESS, AND NONPROFITS OF ALL SIZES. THE IMPLEMENTATION PLAN INVOLVES THE FOLLOWING STEPS: 1)PLAN FOR ACTION 2)ENGAGE 3)WORK TOWARD SPECIFIC PRIORITIES (RESOURCE LEADERS, KEY CHANGE MAKERS, SUPPORTERS) 4)ADVOCATE 5)RESOURCE
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE ORGANIZATION. THE ORGANIZATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. IF INCURRED, THE ORGANIZATION RECORDS TAX RELATED PENALTIES AND INTEREST AS MANAGEMENT AND GENERAL COSTS IN THE ACCOMPANYING STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS AND FUNCTIONAL EXPENSES. HOWEVER, THE ORGANIZATION INCURRED NO TAX RELATED PENALTIES OR INTEREST IN 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COVID RELIEF
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ADMINISTERED A COVID RELIEF GRANT PROGRAM FOR ARTISTS AND MONITORED ELIGIBILITY AND DISTRIBUTION CONSISTENT WITH THE TERMS OF THE GRANT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ARTSNOW STRENGTHENS SUMMIT COUNTY BY ADVANCING ITS ARTS & CULTURE ASSETS AND BUILDING CONNECTIONS BETWEEN ARTS & CULTURE AND THE BROAD COMMUNITY. ARTSNOW: A. PROVIDES RESIDENTS OF SUMMIT COUNTY ACCESS TO INFORMATION ABOUT THE DIVERSE ARTS & CULTURE OFFERINGS AVAILABLE IN SUMMIT COUNTY. B. AGGREGATES AND ANALYZES DATA ABOUT ARTS & CULTURE TO DRIVE SECTOR IMPROVEMENT. C. ADVOCATES FOR ARTS & CULTURE ACROSS THE PUBLIC, PRIVATE AND NONPROFIT SECTORS. D. CONVENES AND CONNECTS MAKERS AND PRESENTERS TO STRENGTHEN THE SECTOR'S IMPACT AND RELEVANCE. E. BUILDS AND STRENGTHENS FUNDING FOR ARTS & CULTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CULTURAL PLAN: ONGOING IMPLEMENTATION IN 2019, FOR THE FIRST TIME IN ITS HISTORY, GREATER AKRON ENGAGED IN A CITYWIDE CULTURAL PLANNING PROCESS WITH GOALS TO STRENGTHEN THE CITY, ADVANCE CULTURAL DIVERSITY, INCREASE OPPORTUNITIES TO CREATE CULTURE, AND PROVIDE VIBRANT EXPERIENCES FOR ALL AKRON RESIDENTS. WITH IMPLEMENTATION OF THE TEN PRIORITIES UNDERWAY, ARTSNOW IS VERY FOCUSED ON ADVANCING THE PLAN AND ENSURING THE INVESTMENT OF OUR RESIDENTS IS FULLY REALIZED. ARTSNOW HAS BEEN FOCUSING ON THREE KEY AREAS OF THE CULTURAL PLAN: -INCLUSION, EQUITY, AND ACCESS (PRIORITIES 1 & 2): WE BELIEVE THAT PEOPLE OF ALL AGES, RACES, GENDERS, ORIENTATIONS, RELIGIONS, ABILITIES, MEANS, AND BACKGROUNDS MUST HAVE ACCESS TO AND PARTICIPATE IN THE MAKING OF A THRIVING CULTURAL SCENE. WE WORKED TO ADVANCE EFFORTS THAT MAXIMIZE ACCESS TO CULTURAL EXPERIENCES SO ALL AKRON RESIDENTS AND VISITORS FEEL LIKE VALUED GUESTS AND WELCOMED CREATORS OF ART AND CULTURE. -EXPLORE THE FINANCIAL STRENGTH OF THE CULTURAL SECTOR (PRIORITY 6): A HEALTHY CULTURAL SECTOR REQUIRES SUSTAINABLE FUNDING SOURCES IN ORDER TO MAXIMIZE ITS POTENTIAL FOR COMMUNITY IMPACT. A COMPREHENSIVE ASSESSMENT OF SUSTAINABLE FUNDING MODELS MUST BE CREATED IN ORDER TO DETERMINE AN APPROPRIATE PATH FORWARD TO FULLY REALIZE THAT IMPACT. THIS ASSESSMENT SHOULD OBJECTIVELY EXAMINE THE CURRENT FINANCIAL HEALTH OF THE SECTOR, ITS CURRENT AND POTENTIAL ECONOMIC IMPACT, AND ASSESS THE CAPACITIES AND PRIORITIES OF THE PHILANTHROPIC, BUSINESS, AND PUBLIC SECTORS. -ENSURING TALENT IS SUPPORT IN SUMMIT COUNTY (PRIORITY 4). ARTSNOW HOSTED OVER 15 EVENTS AND 600 ATTENDEES FROM ACROSS OUR ARTS AND CULTURE SECTOR. 48% OF ATTENDEES WHO PARTICIPATED WERE FIRST-TIME ARTSNOW WORKSHOP PARTICIPANTS AND 100% WERE VERY SATISFIED WITH THE CONTENT OFFERINGS FROM ARTSNOW IN THE REALM OF TALENT SUPPORT. EXAMPLES OF CULTURAL PLAN IMPLEMENTATION -LAUNCH OF AKRON BLACK ARTIST GUILD -COLLABORATION AMONG SUMMIT DD, AKRON-SUMMIT COUNTY PUBLIC LIBRARY, DIRECTION HOME, AND TRI-COUNTY INDEPENDENT LIVING CENTER TO ADVANCE THE ACCESSIBILITY LIBRARY. -FOUNDING AND LAUNCH OF DEIA ADVISORY BOARD FOR ARTS AND CULTURE, SUMMIT COUNTY. -SUPPORT THE IMPLEMENTATION OF THE CITY OF AKRON'S PLAN FOR PUBLIC ART AND PUBLIC ART COMMISSION. -PROFESSIONAL DEVELOPMENT/SUPPORT FOR ARTISTS AS ENTREPRENEURS, FOR-PROFIT ARTS AND CULTURE BUSINESS, AND NONPROFITS OF ALL SIZES. THE IMPLEMENTATION PLAN INVOLVES THE FOLLOWING STEPS: 1)PLAN FOR ACTION 2)ENGAGE 3)WORK TOWARD SPECIFIC PRIORITIES (RESOURCE LEADERS, KEY CHANGE MAKERS, SUPPORTERS) 4)ADVOCATE 5)RESOURCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 WAS MADE AVAILABLE TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICT OF INTEREST DISCLOSURES ARE OBTAINED ANNUALLY OR UPON THE OCCURANCE OF A CONFLICT. IN ADDITION, MANAGEMENT AND THE BOARD OF TRUSTEES MONITOR THE ACTIVITIES OF THE ORGANIZATION ON A PERPETUAL BASIS FOR CONFLICTS OF INTEREST. ALL IDENTIFIED CONFLICTS OF INTEREST ARE BROUGHT TO THE BOARD OF TRUSTEES FOR EVALUATION AND RESOLUTION IN COMPLIANCE WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED AND APPROVED BY THE BOARD OF TRUSTEES USING SALARY SURVEYS AND OTHER RELEVANT DATA ALONG WITH PERFORMANCE INDICATORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SUCH DOCUMENTS WERE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONSULTING FEES 166,211 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION UNDERWENT A FINANCIAL REVIEW BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR AND AS A RESULT OF THAT FINANCIAL REVIEW THE STATEMENT OF FINANCIAL POSITION AT JUNE 30, 2020 WAS ADJUSTED BY 133,731.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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