Civic Intelligence

Watkins Institute

990 • Fiscal year 2019 • EIN 62-0475751

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 21, 2020

Organization ProfileWWW.WATKINS.EDU

View Organization Page

2298 Rosa L Parks BlvdNashville, TN 37228

(615) 277-7411

Siviq Scores

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

Liabilities / Assets

40th percentile

0.12x

Higher debt load relative to assets than 40% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

55th percentile

0.27x

Higher debt load relative to revenue than 55% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

21st percentile

-5.9%

Higher net margin than 21% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

54th percentile

$187,095

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

24th percentile

-2.3%

Faster asset growth than 24% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

20th percentile

-10%

Faster revenue growth than 20% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets40th percentile

Assets

Down

$13,586,821

Down $318,247 (-2.3%) from 2018

Net Assets

Down

$11,994,858

Down $241,385 (-2.0%) from 2018

Liabilities

Down

$1,591,963

Down $76,862 (-4.6%) from 2018

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin21st percentile

Revenue

Down

$5,826,435

Down $670,669 (-10%) from 2018

Expenses

Down

$6,170,099

Down $648,649 (-9.5%) from 2018

Net Income

Down

-$343,664

Down $22,020 (-6.8%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $12,561,200Liabilities 2010: $4,063,035Net Assets 2010: $8,498,1652010Assets 2011: $13,080,656Liabilities 2011: $3,503,097Net Assets 2011: $9,577,5592011Assets 2012: $13,768,293Liabilities 2012: $3,273,267Net Assets 2012: $10,495,0262012Assets 2013: $14,406,514Liabilities 2013: $2,920,169Net Assets 2013: $11,486,3452013Assets 2014: $15,008,797Liabilities 2014: $2,712,110Net Assets 2014: $12,296,6872014Assets 2015: $14,802,092Liabilities 2015: $2,415,738Net Assets 2015: $12,386,3542015Assets 2016: $14,603,442Liabilities 2016: $2,164,904Net Assets 2016: $12,438,5382016Assets 2017: $14,901,525Liabilities 2017: $1,995,357Net Assets 2017: $12,906,1682017Assets 2018: $13,905,068Liabilities 2018: $1,668,825Net Assets 2018: $12,236,2432018Assets 2019: $13,586,821Liabilities 2019: $1,591,963Net Assets 2019: $11,994,8582019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2019

Assets$13,586,821
Liabilities$1,591,963
Net Assets$11,994,858
Open 2019 Filing

Operations Trend

Revenue Growth20th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $6,413,4722010Expenses 2011: $6,529,7382011Revenue 2012: $8,025,446Expenses 2012: $7,063,903Net Income 2012: $961,5432012Expenses 2013: $6,917,0752013Revenue 2014: $7,126,213Expenses 2014: $6,791,064Net Income 2014: $335,1492014Revenue 2015: $6,662,024Expenses 2015: $6,632,237Net Income 2015: $29,7872015Revenue 2016: $6,554,811Expenses 2016: $6,500,776Net Income 2016: $54,0352016Revenue 2017: $6,414,735Expenses 2017: $6,387,531Net Income 2017: $27,2042017Revenue 2018: $6,497,104Expenses 2018: $6,818,748Net Income 2018: -$321,6442018Revenue 2019: $5,826,435Expenses 2019: $6,170,099Net Income 2019: -$343,6642019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020

Highlighted filing

2019

Revenue$5,826,435
Expenses$6,170,099
Net Income-$343,664
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 21, 2020
Return Version
2018v3.1
Gross Receipts
$5,845,050
Mission and Program Overview

Mission

The watkins college of art challenges individuals to develop their talent, refine their creative practice, and dedicate their lives to advancing culture through the illuminating power of art.

Education in art, design and film.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,349,774$8,551,841▲ $202,067
Investments in Publicly Traded Securities$3,515,756$2,847,453▼ $668,303
Cash and Non-Interest-Bearing Accounts$771,670$977,593▲ $205,923
Accounts Receivable$587,613$409,500▼ $178,113
Prepaid Expenses and Deferred Charges$128,575$115,548▼ $13,027
Pledges and Grants Receivable$50,000$50,000→ $0
Savings and Temporary Cash Investments$21,676$28,660▲ $6,984
Total Assets$13,905,068$13,586,821▼ $318,247
Other Assets Total$480,004$606,226▲ $126,222
Liabilities
Mortgage Notes Payable Secured by Investment Property$500,000$598,452▲ $98,452
Tax Exempt Bond Liabilities$761,309$506,954▼ $254,355
Accounts Payable and Accrued Expenses$301,674$418,976▲ $117,302
Deferred Revenue$96,118$56,886▼ $39,232
Unsecured Notes Loans Payable$9,724$10,695▲ $971
Total Liabilities$1,668,825$1,591,963▼ $76,862
Net Assets / Fund Balance
Unrestricted Net Assets$9,561,938$8,930,144▼ $631,794
Temporarily Rstr Net Assets$1,372,432$1,612,841▲ $240,409
Permanently Rstr Net Assets$1,301,873$1,451,873▲ $150,000
Total Net Assets Fund Balance$12,236,243$11,994,858▼ $241,385
Total Liabilities and Net Assets / Fund Balance$13,905,068$13,586,821▼ $318,247

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,296,745$3,999,349$11,296,094
Other Land Buildings$388,004$770,199$1,158,203
Land$785,480-$785,480
Equipment$81,612$600,906$682,518

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$3,537,432$150,000▲ $189,399$1,000,718$2,876,113
2017$3,807,135-▲ $330,297$600,000$3,537,432
2016$3,323,330-▲ $483,805-$3,807,135
2015$2,756,011-▲ $567,319-$3,323,330
2014$2,646,635-▲ $109,376-$2,756,011
Compensation and Service Providers
Top Officer Pay54th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
J KlinePresidentFT$169,855$17,240$187,095

Board Members and Trustees

NameTitle
Samuel E Stumpf JrBoard Chair
Steve SirlsPresident
Beth AmosTrustee
Brooke Porter HawkinsTrustee
James H Clayton IiiTrustee
James R KelleyTrustee
Joan CheekTrustee
Kristen LaineTrustee
Laura TurnerTrustee
Laurence M PapelTrustee
Mary J HawkinsTrustee
Ron DavisTrustee
Samantha SaturnTrustee
Santi TefelTrustee
Stephanie ConnerTrustee
Waddell H WrightTrustee
William WarfieldTrustee
Brownlee O Currey JrCommissioner
Susan a BashamCommissioner
Walter KnestrickCommissioner
Taylor H HenrySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,184,772
Program Service Revenue
$4,039,649
Investment Income
$94,646
Other Revenue
$507,368
All Other Contributions
$536,041
Change in Net Assets
$-343,664

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,076,014
Revenue Not Reported on Financial Statements
$750,421
Revenue Not Reported on Form 990
$102,279
Other Revenue Adjustments
$750,421
Total Revenue per Audited Statements
$5,178,293
Total Revenue per Form 990
$5,826,435
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,270,243
Other Expenses$2,149,435
Grants and Similar Amounts Paid$750,421
Total Fundraising Expense$295,819
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,960,373$378,904$152,111$2,491,388
Grants to Domestic Individuals$750,421--$750,421
All Other Expenses$389,022$117,383$12,300$518,705
Depreciation Depletion$485,008$23,294$8,965$517,267
Other Employee Benefits$215,142$42,455$14,804$272,401
Payroll Taxes$173,366$34,211$11,930$219,507
Current Officers, Directors, Trustees, and Key Employees$147,218$39,877-$187,095
Other Expenses$166,664$11,503$3,622$181,789
Advertising$98,568-$27,795$126,363
Pension Plan Contributions$78,863$15,562$5,427$99,852
Travel$67,965$115$38$68,118
Insurance-$60,311-$60,311
Interest$21,935$5,717$23$27,675
Fees for Services Accounting-$24,000-$24,000
Conferences and Meetings$1,586$1,733$1,465$4,784
Total Functional Expenses$5,075,073$799,207$295,819$6,170,099

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$6,170,099
Expenses per Audited Statements$5,419,678
Total Expenses per Audited Statements$5,419,678
Expenses Not Reported on Financial Statements$750,421
Other Expense Adjustments$750,421
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$23,800
Fundraising Direct Expenses$18,615
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Event$46,141$23,800$18,615$5,185
Total Events$46,141$23,800$18,615$5,185
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
BIndustrial Development Board of the Metropolitan2005-03-08$2,315,000BUILDING PROGRAM
CIndustrial Development Board of the Metropolitan2007-12-18$1,400,000BUILDING PROGRAM
AIndustrial Development Board of the Metropolitan2005-03-08$800,000BUILDING PROGRAM

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$2,315,000---
C$1,400,000---
A$800,000---

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
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
Yes
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
No
Management duties delegated
No

Governance Explanations

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

“The form 990 is prepared by the accounting firm who conducts the audit. The form 990 is based on the audit and is reviewed by the board treasurer, board chair, president, the cfo and the accounting firm prior to submission.”

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

“Compliance with the conflict of interest policy is done by having the board members complete an annual conflict of interest disclosure form.”

Form 990, Part VI, Section B, Line 15

“Negotiations for the compensation of the chief executive were conducted by the organization's chairman and vice chairman and took into consideration salary information available from the chronicle of higher education, the association of independent colleges of art and design and other relevant sources. His appointment became effective on july 15, 2015. The terms of the employment agreement, including the compensation provisions were approved by the entire board and such action is reflected in the minutes of the meeting at which the action was taken. The compensation of the cfo is an internal function done by the president using data on compensation for persons in comparable institutions for comparable positions.”

Form 990, Part VI, Section C, Line 19

“Watkins institute makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. The form 990 is available to the public upon request and can also be located on the website http://www.givingmatters.com.”

Filing and Contact Details

Filer

Filer Name
Watkins Institute
EIN
62-0475751
Phone
6152777411
Address
2298 ROSA L PARKS BLVD, NASHVILLE, TN 37228
Doing Business As
Watkins College of Artdesign & Film

Signing Officer

Name
Dwayne Breeding
Title
VP - Finance & Operations
Phone
6152777411
Signed
2020-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dwayne Breeding
Formed
1885
Legal Domicile
Tn
Voting Board Members
21
Independent Board Members
21
Employees
198
Volunteers
290

Preparer

Firm
Crosslin Pllc
Address
3803 BEDFORD AVENUE SUITE 103, NASHVILLE, TN 37215
Preparer
Steven D Warren
Phone
6153205500
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART III, LINE 4:

“The art collection is maintained and exhibited throughout the college on a rotating basis to provide students an opportunity to examine these works in support of their curricular activities. It also serves as an exhibit for visitors and potential students and their families.”

PART X, LINE 2:

“The college qualifies as a not-for-profit organization exempt from federal income taxes under section 501(c)(3) of the internal revenue code; accordingly, no provision for income taxes has been made in the accompanying financial statements. The college accounts for the effect of any uncertain tax positions based on a more likely than not threshold to the recognition of the tax positions being sustained based on the technical merits of the position under examination by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a cumulative probability assessment that aggregates the estimated tax liability for all uncertain tax positions. Tax positions for the college include, but are not limited to, the tax-exempt status and determination of whether income is subject to unrelated business income tax; however the college has determined that such tax positions do not result in an uncertainty requiring recognition.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Scholarship expense on books as revenue offset, on tax return as expense 750,421.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Scholarship expense on books as revenue offset, on tax return as expense 750,421.”

Raw XML AppendixShowing 400 of 772 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0WATKINS WAS FOUNDED IN 1885 AND OPERATES AS AN INDEPENDENT 4 YEAR COLLEGE TO EDUCATE ARTISTS, DESIGNERS, AND FILMMAKERS. THE INSTITUTION IS ACCREDITED BY THE NATIONAL ASSOCIATION OF SCHOOLS OF ART & DESIGN AND THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES. THE COLLEGE OFFERS A BACHELOR OF FINE ARTS DEGREE IN 5 MAJORS - FILM, FINE ART, GRAPHIC DESIGN, INTERIOR DESIGN, AND PHOTOGRAPHY. THE COLLEGE ALSO OFFERS A BACHELOR OF ARTS DEGREE IN ART. IN FALL 2016, A FILM MFA PROGRAM WAS BEGUN. A COMMUNITY EDUCATION PROGRAM HAS ALWAYS BEEN AN INTEGRAL PART OF WATKINS OPERATIONS.
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IRS990/Form990PartVIISectionAGrp/PersonNm0BETH AMOS
IRS990/Form990PartVIISectionAGrp/PersonNm1BROOKE PORTER HAWKINS
IRS990/Form990PartVIISectionAGrp/PersonNm2BROWNLEE O CURREY JR
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES H CLAYTON III
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES R KELLEY
IRS990/Form990PartVIISectionAGrp/PersonNm5JOAN CHEEK
IRS990/Form990PartVIISectionAGrp/PersonNm6KRISTEN LAINE
IRS990/Form990PartVIISectionAGrp/PersonNm7LAURA TURNER
IRS990/Form990PartVIISectionAGrp/PersonNm8LAURENCE M PAPEL
IRS990/Form990PartVIISectionAGrp/PersonNm9MARY J HAWKINS
IRS990/Form990PartVIISectionAGrp/PersonNm10RON DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm11SAMANTHA SATURN
IRS990/Form990PartVIISectionAGrp/PersonNm12SAMUEL E STUMPF JR
IRS990/Form990PartVIISectionAGrp/PersonNm13SANTI TEFEL
IRS990/Form990PartVIISectionAGrp/PersonNm14STEPHANIE CONNER
IRS990/Form990PartVIISectionAGrp/PersonNm15SUSAN A BASHAM
IRS990/Form990PartVIISectionAGrp/PersonNm16TAYLOR H HENRY
IRS990/Form990PartVIISectionAGrp/PersonNm17WADDELL H WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm18WALTER KNESTRICK
IRS990/Form990PartVIISectionAGrp/PersonNm19WILLIAM WARFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm20STEVE SIRLS
IRS990/Form990PartVIISectionAGrp/PersonNm21J KLINE
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21169855
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt16SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01885
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt022341
IRS990/FundraisingDirectExpensesAmt018615
IRS990/FundraisingGrossIncomeAmt023800
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GovernmentGrantsAmt0626390
IRS990/GrantAmt0750421
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0750421
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0750421
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05845050
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt060311
IRS990/InsuranceGrp/TotalAmt060311
IRS990/InterestGrp/FundraisingAmt023
IRS990/InterestGrp/ManagementAndGeneralAmt05717
IRS990/InterestGrp/ProgramServicesAmt021935
IRS990/InterestGrp/TotalAmt027675
IRS990/InvestmentIncomeGrp/ExclusionAmt094646
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt094646
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03515756
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02847453
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05370454
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08349774
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08551841
IRS990/LandBldgEquipCostOrOtherBssAmt013922295
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE WATKINS COLLEGE OF ART CHALLENGES INDIVIDUALS TO DEVELOP THEIR TALENT, REFINE THEIR CREATIVE PRACTICE, AND DEDICATE THEIR LIVES TO ADVANCING CULTURE THROUGH THE ILLUMINATING POWER OF ART.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0500000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0598452
IRS990/NetAssetsOrFundBalancesBOYAmt012236243
IRS990/NetAssetsOrFundBalancesEOYAmt011994858
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt05185
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt05185
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0102279
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0480004
IRS990/OtherAssetsTotalGrp/EOYAmt0606226
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt014804
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt042455
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0215142
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0272401
IRS990/OtherExpensesGrp/Desc0CONTRACT PAYMENTS
IRS990/OtherExpensesGrp/Desc1SERVICE CONTRACTS
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3SUPPLIES
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IRS990/OtherExpensesGrp/FundraisingAmt111530
IRS990/OtherExpensesGrp/FundraisingAmt23310
IRS990/OtherExpensesGrp/FundraisingAmt33622
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026378
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19086
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28678
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt311503
IRS990/OtherExpensesGrp/ProgramServicesAmt0160076
IRS990/OtherExpensesGrp/ProgramServicesAmt1183408
IRS990/OtherExpensesGrp/ProgramServicesAmt2175458
IRS990/OtherExpensesGrp/ProgramServicesAmt3166664
IRS990/OtherExpensesGrp/TotalAmt0228953
IRS990/OtherExpensesGrp/TotalAmt1204024
IRS990/OtherExpensesGrp/TotalAmt2187446
IRS990/OtherExpensesGrp/TotalAmt3181789
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IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0AUXILIARY ENTERPRISES
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt116992
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0485191
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt116992
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0152111
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0378904
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01960373
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt034211
IRS990/PayrollTaxesGrp/ProgramServicesAmt0173366
IRS990/PayrollTaxesGrp/TotalAmt0219507
IRS990/PensionPlanContributionsGrp/FundraisingAmt05427
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt015562
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt078863
IRS990/PensionPlanContributionsGrp/TotalAmt099852
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IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01451873
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt050000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0128575
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0115548
IRS990/PrincipalOfficerNm0DWAYNE BREEDING
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04039649
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04039649
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0793965
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0755878
IRS990/PYInvestmentIncomeAmt0698120
IRS990/PYOtherExpensesAmt02713225
IRS990/PYOtherRevenueAmt0534617
IRS990/PYProgramServiceRevenueAmt04470402
IRS990/PYRevenuesLessExpensesAmt0-321644
IRS990/PYSalariesCompEmpBnftPaidAmt03349645
IRS990/PYTotalExpensesAmt06818748
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06497104
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-343664

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,586,821
Liabilities
$1,591,963
Net assets
$11,994,858
Revenue
$5,826,435
Expenses
$6,170,099
Net income
-$343,664
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$13.6$1.59$12.0$5.83$6.17$0.34
2018Detailed filing. Detailed filing data is available for this year.$13.9$1.67$12.2$6.50$6.82$0.32
2017Detailed filing. Detailed filing data is available for this year.$14.9$2.00$12.9$6.41$6.39$0.03
2016Detailed filing. Detailed filing data is available for this year.$14.6$2.16$12.4$6.55$6.50$0.05
2015Detailed filing. Detailed filing data is available for this year.$14.8$2.42$12.4$6.66$6.63$0.03
2014Detailed filing. Detailed filing data is available for this year.$15.0$2.71$12.3$7.13$6.79$0.34
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.4$2.92$11.5$6.92
2012Summary only. Only limited summary data is available for this year.$13.8$3.27$10.5$8.03$7.06$0.96
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.1$3.50$9.58$6.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.6$4.06$8.50$6.41