Civic Intelligence

Artsnow

990 • Fiscal year 2024 • EIN 47-5513742

Jul 01, 2023 to Jun 30, 2024 • Filed on Oct 17, 2024

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

79th percentile

0.26x

Higher debt load relative to assets than 79% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

0.21x

Higher debt load relative to revenue than 79% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

20th percentile

-12%

Higher net margin than 20% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

94th percentile

$158,285

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 18.6% of source-year revenue.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

17th percentile

-11%

Faster asset growth than 17% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

33rd percentile

-2.4%

Faster revenue growth than 33% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$712,452

Down $92,242 (-11%) from 2023

Net Assets

Down

$530,659

Down $103,532 (-16%) from 2023

Liabilities

Up

$181,793

Up $11,290 (+6.6%) from 2023

Revenue

Down

$849,776

Down $21,046 (-2.4%) from 2023

Expenses

Up

$953,308

Up $296,842 (+45%) from 2023

Net Income

Down

-$103,532

Down $317,888 (-148%) from 2023

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

2024

Assets$712,452
Liabilities$181,793
Net Assets$530,659

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

2024

Revenue$849,776
Expenses$953,308
Net Income-$103,532
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 17, 2024
Return Version
2023v6.0
Gross Receipts
$849,776
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 and 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 and culture offerings available in summit county. -aggregates and analyzes data about arts and culture to drive sector improvement. -advocates for arts and culture across the public, private and nonprofit sectors. -convenes and connects makers and presenters to strengthen the sector's impact and revelence. -builds and strengthens funding for arts and culture.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$598,610$539,047▼ $59,563
Pledges and Grants Receivable$200,000$170,543▼ $29,457
Land, Buildings, and Equipment, Net$6,084$1,607▼ $4,477
Accounts Receivable-$1,255-
Total Assets$804,694$712,452▼ $92,242
Liabilities
Deferred Revenue$162,500$167,000▲ $4,500
Accounts Payable and Accrued Expenses$8,003$14,793▲ $6,790
Total Liabilities$170,503$181,793▲ $11,290
Net Assets / Fund Balance
Net Assets With Donor Restrictions$642,015$405,326▼ $236,689
Net Assets Without Donor Restrictions$-7,824$125,333▲ $133,157
Total Net Assets Fund Balance$634,191$530,659▼ $103,532
Total Liabilities and Net Assets / Fund Balance$804,694$712,452▼ $92,242

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,607$1,333$2,940
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nicole MulletExecutive DiFT$144,993$13,292$158,285
Nicole MulletExecutive Director-$120,993$37,292$158,285

Board Members and Trustees

NameTitle
Sean JoycePresident
Doug PiekarzTrustee
Floco TorresTrustee
Georgia Nix MillerTrustee
Harvey NelsonTrustee
John GarofaloTrustee
Karen StarrTrustee
Phil MontgomeryTrustee
Rob LehrTrustee
Dominic Moore-dunsonSecretary
Steve MillardTreasurer
Lisa KingVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$814,456
Program Service Revenue
$17,662
Investment Income
$17,658
Other Revenue
$0
Change in Net Assets
$-103,532

Audited Revenue Reconciliation

Revenue per Audited Statements
$849,776
Revenue Not Reported on Form 990
$30,248
Total Revenue per Audited Statements
$880,024
Total Revenue per Form 990
$849,776
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$461,414
Salaries, Compensation, and Employee Benefits$253,231
Other Expenses$238,663
Total Fundraising Expense$34,383
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$435,538--$435,538
Other Salaries and Wages$177,824$22,228$22,228$222,280
Advertising$66,632$9,072$782$76,486
Fees for Services Accounting$32,297$4,038$4,037$40,372
Office Expenses$21,476$4,552$723$26,751
Grants to Domestic Individuals$25,876--$25,876
Conferences and Meetings$17,026$6,823$1,831$25,680
Payroll Taxes$13,859$1,733$1,733$17,325
Fees for Services Other$14,558$2,551-$17,109
Other Employee Benefits$6,107$764$764$7,635
Other Expenses$5,179$648$648$6,475
Pension Plan Contributions$4,793$599$599$5,991
Insurance-$1,467-$1,467
All Other Expenses-$1,372-$1,372
Depreciation Depletion-$518-$518
Information Technology-$-590-$-590
Total Functional Expenses$859,637$59,288$34,383$953,308

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$983,556
Expenses per Audited Statements$953,308
Total Expenses per Form 990$953,308
Expenses Not Reported on Form 990$30,248
International Activity

Grant and Assistance Recipients

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
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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 is made available to the board of trustees for review prior to filing for a vote to approve and submit.

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

Conflicts of interest disclosures are obtained annually or upon 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

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

Form 990, Page 6, Part VI, Line 19

Such documents are 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
Steve Millard
Title
Treasurer
Phone
3302031606
Signed
2024-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Millard
Formed
2015
Legal Domicile
Oh
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
20

Preparer

Firm
Moses & Schreiber Llp
Address
1 HUNTINGTON QUADRANGLE STE 3N05, MELVILLE, NY 11747-4468
Preparer
Allison Gallagher CPA
Phone
5163527700
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Artsnow strengthens summit county by advancing its arts & culture assets and building connnections 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 non profit 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.

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

1. Providing access to arts & culture information in fy2024, artsnow expanded its efforts to connect summit county residents with the diverse arts and culture offerings available in the region. Through platforms like summitlive365, artsnow featured over 17,000 events since 2015 and shared over 1,600 job opportunities and calls for artists. Through a project titled seen: advancing equity in summit county, artsnow invested in photographers and videographers from historically marginalized communities to capture photo and video content highlighting the diversity of patrons, artists, and performers from across summit county. - 7 artists/photographers - 17 shoots - 14 locations across summit county - 1,328 videos and photographs - 12,625 invested in local photographers the newly launched accessibility library further supported equitable access to the arts by offering resources that enhance the inclusivity of cultural spaces across summit county. 2. Aggregating and analyzing data to drive sector improvement artsnow continued its leadership in data aggregation and analysis to identify and address the needs of the arts and culture sector. A key focus in fy2024 was monitoring and celebrating the implementation of the akron/summit cultural plan. Through surveys and community feedback, we identified the top priorities for artsnow, including increased advocacy, funding support, and fostering connections among stakeholders. Data insights guided our artsforward grant program, which has been instrumental in leveraging private and public funding for local projects. 3. Convening and connecting makers and presenters artsnow hosted 19 events throughout fy2024, with over 740 participants attending professional development sessions, networking opportunities, and workshops. Of attendees surveyed, 72% rated the events as "excellent/exceeded expectations," while 23% were "satisfied/met expectations." our convenings connected 98% of respondents with valuable resources, including funding opportunities, venues, and professional networks. The top connections cited were: - people within the arts and cultural sector - support and encouragement - information and training additionally, artsnow played a pivotal role in fostering collaborations through programs like the creative placemaking conference, where artists, neighborhood leaders, and civic partners developed strategies to enhance community spaces through arts-driven solutions. 4. Building and strengthening funding for arts & culture through initiatives like the artsforward grant program, artsnow secured critical funding to empower local artists and organizations. The program raised 1 million in 2023 and 2024. In fy2024, artsforward grantees secured 55,231 in additional funding for projects that hosted over 20,000 attendees and employed 340 people. These projects exemplify the sector's growth and its impact on the local economy. Looking ahead to 2025 survey respondents highlighted three areas of focus for artsnow's continued leadership in the coming year: 1. Monitoring and celebrating the progress of the akron/summit cultural plan. 2. Facilitating artsforward grants to sustain and expand funding opportunities. 3.advocacy at state and national levels to amplify the value of arts and culture.

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IRS990/Desc01. PROVIDING ACCESS TO ARTS & CULTURE INFORMATION IN FY2024, ARTSNOW EXPANDED ITS EFFORTS TO CONNECT SUMMIT COUNTY RESIDENTS WITH THE DIVERSE ARTS AND CULTURE OFFERINGS AVAILABLE IN THE REGION. THROUGH PLATFORMS LIKE SUMMITLIVE365, ARTSNOW FEATURED OVER 17,000 EVENTS SINCE 2015 AND SHARED OVER 1,600 JOB OPPORTUNITIES AND CALLS FOR ARTISTS. THROUGH A PROJECT TITLED SEEN: ADVANCING EQUITY IN SUMMIT COUNTY, ARTSNOW INVESTED IN PHOTOGRAPHERS AND VIDEOGRAPHERS FROM HISTORICALLY MARGINALIZED COMMUNITIES TO CAPTURE PHOTO AND VIDEO CONTENT HIGHLIGHTING THE DIVERSITY OF PATRONS, ARTISTS, AND PERFORMERS FROM ACROSS SUMMIT COUNTY. - 7 ARTISTS/PHOTOGRAPHERS - 17 SHOOTS - 14 LOCATIONS ACROSS SUMMIT COUNTY - 1,328 VIDEOS AND PHOTOGRAPHS - 12,625 INVESTED IN LOCAL PHOTOGRAPHERS THE NEWLY LAUNCHED ACCESSIBILITY LIBRARY FURTHER SUPPORTED EQUITABLE ACCESS TO THE ARTS BY OFFERING RESOURCES THAT ENHANCE THE INCLUSIVITY OF CULTURAL SPACES ACROSS SUMMIT COUNTY. 2. AGGREGATING AND ANALYZING DATA TO DRIVE SECTOR IMPROVEMENT ARTSNOW CONTINUED ITS LEADERSHIP IN DATA AGGREGATION AND ANALYSIS TO IDENTIFY AND ADDRESS THE NEEDS OF THE ARTS AND CULTURE SECTOR. A KEY FOCUS IN FY2024 WAS MONITORING AND CELEBRATING THE IMPLEMENTATION OF THE AKRON/SUMMIT CULTURAL PLAN. THROUGH SURVEYS AND COMMUNITY FEEDBACK, WE IDENTIFIED THE TOP PRIORITIES FOR ARTSNOW, INCLUDING INCREASED ADVOCACY, FUNDING SUPPORT, AND FOSTERING CONNECTIONS AMONG STAKEHOLDERS. DATA INSIGHTS GUIDED OUR ARTSFORWARD GRANT PROGRAM, WHICH HAS BEEN INSTRUMENTAL IN LEVERAGING PRIVATE AND PUBLIC FUNDING FOR LOCAL PROJECTS. 3. CONVENING AND CONNECTING MAKERS AND PRESENTERS ARTSNOW HOSTED 19 EVENTS THROUGHOUT FY2024, WITH OVER 740 PARTICIPANTS ATTENDING PROFESSIONAL DEVELOPMENT SESSIONS, NETWORKING OPPORTUNITIES, AND WORKSHOPS. OF ATTENDEES SURVEYED, 72% RATED THE EVENTS AS "EXCELLENT/EXCEEDED EXPECTATIONS," WHILE 23% WERE "SATISFIED/MET EXPECTATIONS." OUR CONVENINGS CONNECTED 98% OF RESPONDENTS WITH VALUABLE RESOURCES, INCLUDING FUNDING OPPORTUNITIES, VENUES, AND PROFESSIONAL NETWORKS. THE TOP CONNECTIONS CITED WERE: - PEOPLE WITHIN THE ARTS AND CULTURAL SECTOR - SUPPORT AND ENCOURAGEMENT - INFORMATION AND TRAINING ADDITIONALLY, ARTSNOW PLAYED A PIVOTAL ROLE IN FOSTERING COLLABORATIONS THROUGH PROGRAMS LIKE THE CREATIVE PLACEMAKING CONFERENCE, WHERE ARTISTS, NEIGHBORHOOD LEADERS, AND CIVIC PARTNERS DEVELOPED STRATEGIES TO ENHANCE COMMUNITY SPACES THROUGH ARTS-DRIVEN SOLUTIONS. 4. BUILDING AND STRENGTHENING FUNDING FOR ARTS & CULTURE THROUGH INITIATIVES LIKE THE ARTSFORWARD GRANT PROGRAM, ARTSNOW SECURED CRITICAL FUNDING TO EMPOWER LOCAL ARTISTS AND ORGANIZATIONS. THE PROGRAM RAISED 1 MILLION IN 2023 AND 2024. IN FY2024, ARTSFORWARD GRANTEES SECURED 55,231 IN ADDITIONAL FUNDING FOR PROJECTS THAT HOSTED OVER 20,000 ATTENDEES AND EMPLOYED 340 PEOPLE. THESE PROJECTS EXEMPLIFY THE SECTOR'S GROWTH AND ITS IMPACT ON THE LOCAL ECONOMY. LOOKING AHEAD TO 2025 SURVEY RESPONDENTS HIGHLIGHTED THREE AREAS OF FOCUS FOR ARTSNOW'S CONTINUED LEADERSHIP IN THE COMING YEAR: 1. MONITORING AND CELEBRATING THE PROGRESS OF THE AKRON/SUMMIT CULTURAL PLAN. 2. FACILITATING ARTSFORWARD GRANTS TO SUSTAIN AND EXPAND FUNDING OPPORTUNITIES. 3.ADVOCACY AT STATE AND NATIONAL LEVELS TO AMPLIFY THE VALUE OF ARTS AND CULTURE.
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IRS990/MissionDesc0ARTSNOW STRENGTHENS SUMMIT COUNTY BY ADVANCING ITS ARTS & CULTURE ASSETS AND BUILDING CONNNECTIONS 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 NON PROFIT 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.
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