Civic Intelligence

Gadsden Arts Inc

EIN 59-3247747 • 501(c)3 • Quincy, FL

Profile

Gadsden arts inspires the exploration, understanding, and appreciation of the visual arts to enrich life for everyone, bringing people together and contributing to cultural and economic vitality in our community.

13 N Madison StreetQuincy, FL 32351

www.gadsdenarts.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

36th percentile

0.02x

Higher debt load relative to assets than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

52nd percentile

0.09x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

69th percentile

16%

Higher net margin than 69% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

62nd percentile

8.4%

Faster asset growth than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

40th percentile

2.5%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$4,254,385

Up $683,738 (+19%) from 2023

Liabilities

Up

$78,361

Up $40,495 (+107%) from 2023

Net Assets

Up

$4,176,024

Up $643,243 (+18%) from 2023

Revenue

Up

$900,366

Up $166,392 (+23%) from 2023

Expenses

Down

$757,836

Down $9,829 (-1.3%) from 2023

Net Income

Up

$142,530

Up $176,221 (+523%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2011: $2,109,955Liabilities 2011: $41,322Net Assets 2011: $2,068,6332011Assets 2012: $2,326,966Liabilities 2012: $18,326Net Assets 2012: $2,308,6402012Assets 2013: $2,423,247Liabilities 2013: $35,261Net Assets 2013: $2,387,9862013Assets 2014: $2,395,229Liabilities 2014: $27,469Net Assets 2014: $2,367,7602014Assets 2015: $2,461,134Liabilities 2015: $31,669Net Assets 2015: $2,429,4652015Assets 2016: $2,719,044Liabilities 2016: $29,932Net Assets 2016: $2,689,1122016Assets 2017: $2,638,690Liabilities 2017: $22,097Net Assets 2017: $2,616,5932017Assets 2018: $2,944,951Liabilities 2018: $21,588Net Assets 2018: $2,923,3632018Assets 2019: $3,278,060Liabilities 2019: $75,401Net Assets 2019: $3,202,6592019Assets 2020: $3,309,221Liabilities 2020: $115,724Net Assets 2020: $3,193,4972020Assets 2021: $3,534,552Liabilities 2021: $62,300Net Assets 2021: $3,472,2522021Assets 2022: $3,620,728Liabilities 2022: $54,256Net Assets 2022: $3,566,4722022Assets 2023: $3,570,647Liabilities 2023: $37,866Net Assets 2023: $3,532,7812023Assets 2024: $4,254,385Liabilities 2024: $78,361Net Assets 2024: $4,176,0242024

Highlighted filing

2024

Assets$4,254,385
Liabilities$78,361
Net Assets$4,176,024

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $525,619Expenses 2011: $317,282Net Income 2011: $208,3372011Expenses 2012: $357,0972012Revenue 2013: $475,121Expenses 2013: $423,278Net Income 2013: $51,8432013Revenue 2014: $335,015Expenses 2014: $451,347Net Income 2014: -$116,3322014Revenue 2015: $528,417Expenses 2015: $466,712Net Income 2015: $61,7052015Revenue 2016: $741,768Expenses 2016: $482,121Net Income 2016: $259,6472016Revenue 2017: $502,360Expenses 2017: $574,879Net Income 2017: -$72,5192017Revenue 2018: $706,422Expenses 2018: $585,401Net Income 2018: $121,0212018Revenue 2019: $520,917Expenses 2019: $618,732Net Income 2019: -$97,8152019Revenue 2020: $583,615Expenses 2020: $607,027Net Income 2020: -$23,4122020Revenue 2021: $839,126Expenses 2021: $560,371Net Income 2021: $278,7552021Revenue 2022: $857,053Expenses 2022: $762,833Net Income 2022: $94,2202022Revenue 2023: $733,974Expenses 2023: $767,665Net Income 2023: -$33,6912023Revenue 2024: $900,366Expenses 2024: $757,836Net Income 2024: $142,5302024

Highlighted filing

2024

Revenue$900,366
Expenses$757,836
Net Income$142,530

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.25$0.08$4.18$0.90$0.76$0.14
2023Detailed filing. Detailed filing data is available for this year.$3.57$0.04$3.53$0.73$0.77$0.03
2022Detailed filing. Detailed filing data is available for this year.$3.62$0.05$3.57$0.86$0.76$0.09
2021Detailed filing. Detailed filing data is available for this year.$3.53$0.06$3.47$0.84$0.56$0.28
2020Detailed filing. Detailed filing data is available for this year.$3.31$0.12$3.19$0.58$0.61$0.02
2019Detailed filing. Detailed filing data is available for this year.$3.28$0.08$3.20$0.52$0.62$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.94$0.02$2.92$0.71$0.59$0.12
2017Summary only. Only limited summary data is available for this year.$2.64$0.02$2.62$0.50$0.57$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.72$0.03$2.69$0.74$0.48$0.26
2015Detailed filing. Detailed filing data is available for this year.$2.46$0.03$2.43$0.53$0.47$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.40$0.03$2.37$0.34$0.45$0.12
2013Detailed filing. Detailed filing data is available for this year.$2.42$0.04$2.39$0.48$0.42$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$0.02$2.31$0.36
2011Summary only. Only limited summary data is available for this year.$2.11$0.04$2.07$0.53$0.32$0.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 7, 2025
Return Version
2024v5.2
Gross Receipts
$1,305,498
Mission and Program Overview

Mission

The organization works to enhance arts education, provide cultural opportunities, and stimulate economic growth in the community.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$692,021$1,410,154▲ $718,133
Land, Buildings, and Equipment, Net$1,066,682$1,065,267▼ $1,415
Savings and Temporary Cash Investments$631,564$531,218▼ $100,346
Cash and Non-Interest-Bearing Accounts$130,187$88,473▼ $41,714
Pledges and Grants Receivable$67,526$41,967▼ $25,559
Prepaid Expenses and Deferred Charges$5,175$3,900▼ $1,275
Accounts Receivable-$50-
Total Assets$3,570,647$4,254,385▲ $683,738
Other Assets Total$977,492$1,113,356▲ $135,864
Liabilities
Accounts Payable and Accrued Expenses$37,866$78,361▲ $40,495
Total Liabilities$37,866$78,361▲ $40,495
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,647,540$3,290,783▲ $643,243
Net Assets With Donor Restrictions$885,241$885,241→ $0
Total Net Assets Fund Balance$3,532,781$4,176,024▲ $643,243
Total Liabilities and Net Assets / Fund Balance$3,570,647$4,254,385▲ $683,738

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,013,270$863,222$1,876,492
Other Land Buildings$3,568$109,994$113,562
Land$48,429-$48,429
Other Assets Org$1,113,356--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,183,906$72,742▲ $169,999-$1,413,751
2023$988,613$18,118▲ $187,584-$1,183,906
2022$992,064$157,696▼ $152,148-$988,613
2021$861,924$18,754▲ $120,349-$992,064
2020$790,389$47,221▲ $57,083$25,273$861,924
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Grace RobinsonExecutive DirectorFT$106,124$3,184$109,308

Board Members and Trustees

NameTitle
Leigh Watson HealyPresident
Jimmy NicholsonVice-president
Carole FioreDirector
Crystle MayDirector
Harris WiltsherDirector
James ThigpenDirector
Jim MillerDirector
Joyce GardenerDirector
Katee TullyDirector
Katherine WoodwardDirector
Laura HarrisDirector
Martha FletcherDirector
Mayo WoodwardDirector
Neil MooneyDirector
Norma MeierDirector
Park AdamsDirector
Ranie ThompsonDirector
Terry HawkinsDirector
Patsy BatesSecretary
Tom FriedmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$647,086
Program Service Revenue
$82,363
Investment Income
$127,116
Other Revenue
$43,801
All Other Contributions
$547,857
Change in Net Assets
$142,530
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$425,391
Salaries, Compensation, and Employee Benefits$332,445
Total Fundraising Expense$34,941
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$183,474--$183,474
Current Officers, Directors, Trustees, and Key Employees$84,167$5,465$19,675$109,307
Occupancy$49,124$3,136-$52,260
Depreciation Depletion$38,194-$9,548$47,742
Fees for Services Other$46,120--$46,120
Office Expenses$31,425$6,765$3,451$41,641
Fees for Services Accounting$14,143$19,446$1,768$35,357
Insurance$23,721$749$499$24,969
Payroll Taxes$21,563$667-$22,230
Other Employee Benefits$15,244$471-$15,715
Fees for Service Investment Mgmnt Fees-$12,976-$12,976
Other Expenses$8,044--$8,044
All Other Expenses$8,010--$8,010
Advertising$7,739--$7,739
Travel$7,362--$7,362
Information Technology$6,139$682-$6,821
Pension Plan Contributions$1,667$52-$1,719
Fees for Services Legal$280--$280
Total Functional Expenses$672,486$50,409$34,941$757,836
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$69,100
Fundraising Direct Expenses$41,337
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Week With the Arts$33,968$33,153$3,768$29,385
Total Events$73,188$69,100$41,337$27,763
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
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The organization has members who may elect members of the governing body.

Form 990, Part VI, Section A, Line 7B

The organization has members who may make governance decisions on behalf of the organization.

Form 990, Part VI, Section B, Line 11B

Form 990 and accompanying schedules are prepared by an independent accounting firm. A copy of the form 990 and accompanying schedules is reviewed by the executive director, finance committee, and the board of directors. All questions and issues are resolved with the independent accounting firm prior to filing with the internal revenue service center.

Form 990, Part VI, Section B, Line 12C

All officers, directors, committee members, and staff members must sign a written conflict of interest policy prior to working with the organization. This policy and the signed agreements are reviewed on an annual basis.

Form 990, Part VI, Section B, Line 15

The gadsden arts, inc. Board of directors, based in part on a recommendation from the gadsden arts, inc. Finance committee, sets and approves compensation. In october 2022, the board of directors voted to align full-time staff salaries with the southeastern museum conference salary survey norms and implement an annual cost of living increase every year.

Form 990, Part VI, Section C, Line 19

The organization maintains its governing documents, conflict of interest policy, and finanical statements for a three year period in its adminstrative office and these documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Gadsden Arts Inc
EIN
59-3247747
Phone
8508754866
Address
13 N MADISON STREET, QUINCY, FL 32351
Doing Business As
Gadsden Arts Center & Museum

Signing Officer

Name
Grace Robinson
Title
Executive Director
Phone
8508754866
Signed
2025-08-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Grace Robinson
Formed
1994
Legal Domicile
Fl
Voting Board Members
20
Independent Board Members
20
Employees
8
Volunteers
810

Preparer

Firm
Thomas Howell Ferguson Pa
Address
2615 CENTENNIAL BLVD SUITE 200, TALLAHASSEE, FL 32308
Preparer
Stacey T Kolka
Phone
8506688100
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Gadsden arts inspires the exploration, understanding, and appreciation of the visual arts to enrich life for everyone, bringing people together and contributing to cultural and economic vitality in our community.

Regulation Section 1.263(A)-1(F) - De Minimis Safe Harbor Election

Taxpayer name: gadsden arts, inc. Taxpayer address: 13 n. Madison street, quincy, fl 32351 taxpayer id number: 59-3247747 year-end: 12/31/24 under irc regulation section 1.263(a)-1(f), the taxpayer hereby elects to apply the de minimis safe harbor election.

Financial Statement Notes

PART III, LINE 4:

The art collection provides a local display of fine visual arts year round and available for viewing. In addition, some of the artwork is loaned/exchanged to other museums throughout the united states which increases the number of people reached beyond gadsden county and the big bend region.

PART V, LINE 4:

Gadsden arts now attracts approximately 17,000 annual visits for exhibition, education programs, cultural enrichment, and social events. Positive impacts of gadsden arts include downtown revitalization, economic development, promotion of our region's artistic talent, and educational, social, and philanthropic opportunities. The gadsden arts center & museum is widely recognized for its quality exhibitions, historic setting, museum programming, and professional staff.

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IRS990/Form990PartVIISectionAGrp/PersonNm11PARK ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm12JOYCE GARDENER
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IRS990/Form990PartVIISectionAGrp/PersonNm14NEIL MOONEY
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IRS990/Form990PartVIISectionAGrp/PersonNm16TERRY HAWKINS
IRS990/Form990PartVIISectionAGrp/PersonNm17JIM MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm18JAMES THIGPEN
IRS990/Form990PartVIISectionAGrp/PersonNm19KATEE TULLY
IRS990/Form990PartVIISectionAGrp/PersonNm20GRACE ROBINSON
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IRS990/MissionDesc0GADSDEN ARTS INSPIRES THE EXPLORATION, UNDERSTANDING, AND APPRECIATION OF THE VISUAL ARTS TO ENRICH LIFE FOR EVERYONE, BRINGING PEOPLE TOGETHER AND CONTRIBUTING TO CULTURAL AND ECONOMIC VITALITY IN OUR COMMUNITY.
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE GADSDEN ARTS CENTER & MUSEUM IS NATIONALLY ACCREDITED, IT IS UNIQUELY QUALIFIED TO HOST MAJOR EXHIBITIONS WITH RICH HISTORICAL AND CULTURAL CONTENT. THESE EXHIBITIONS BRING CENTURIES OF HUMAN EXPERIENCE AND CULTURE TO OUR REGION, OFFERING EDUCATIONAL AND ENRICHING EXPERIENCES FOR PEOPLE OF ALL AGES. GADSDEN ARTS ALSO HOSTS EXHIBITIONS OF LOCAL AND REGIONAL ART, PROMOTING CURRENT CREATIVE PRODUCTION AND CONTEMPORARY CULTURE. 20 EXHIBITIONS EACH YEAR, PRESENTED WITH ASSOCIATED PROGRAMS AND EVENTS, DRIVE TOURISM AND DOWNTOWN REVITALIZATION FOR QUINCY AND GADSDEN COUNTY.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE GADSDEN ARTS CENTER & MUSEUM IS THE MAIN PROVIDER OF ART EDUCATION IN GADSDEN COUNTY, FLORIDA, BRINGING ART-MAKING AND INTERPRETIVE LEARNING EXPERIENCES TO EVERYONE, FROM YOUNG CHILDREN THROUGH COLLEGE STUDENTS, ADULTS, SENIOR CITIZENS. EDUCATIONAL EXPERIENCES WITH ART ARE FUN, AND ARE SHOWN TO IMPROVE SELF-ESTEEM, BOOST ACADEMIC PERFORMANCE, COMBAT ANXIETY AND DEPRESSION, AND BRING PEOPLE TOGETHER. YEAR-ROUND PROGRAMS ARE OFFERED AT THE MUSEUM IN STUDIOS AND GALLERIES, IN SCHOOLS, AT PARTNERS' SITES, ONLINE, AND AT HOME, DESIGNED TO IMPROVE QUALITY OF LIFE FOR EVERYONE THROUGH ART.
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