Civic Intelligence

Akron Soul Train

990 • Fiscal year 2020 • EIN 81-1199928

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

121 S Main StreetAkron, OH 44308

(330) 761-1478

Siviq Scores

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

Liabilities / Assets

81st percentile

0.23x

Higher debt load relative to assets than 81% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

88th percentile

0.38x

Higher debt load relative to revenue than 88% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

22nd percentile

-19%

Higher net margin than 22% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

28th percentile

-9.6%

Faster asset growth than 28% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

74th percentile

11%

Faster revenue growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$149,398

Down $15,803 (-9.6%) from 2019

Net Assets

Down

$115,320

Down $16,512 (-13%) from 2019

Liabilities

Up

$34,078

Up $709 (+2.1%) from 2019

Revenue

Up

$89,883

Up $9,233 (+11%) from 2019

Expenses

Up

$107,115

Up $11,821 (+12%) from 2019

Net Income

Down

-$17,232

Down $2,588 (-18%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2016: $61,864Liabilities 2016: $9,318Net Assets 2016: $52,5462016Assets 2017: $149,635Liabilities 2017: $12,685Net Assets 2017: $136,9502017Assets 2018: $179,838Liabilities 2018: $33,362Net Assets 2018: $146,4762018Assets 2019: $165,201Liabilities 2019: $33,369Net Assets 2019: $131,8322019Assets 2020: $149,398Liabilities 2020: $34,078Net Assets 2020: $115,3202020Assets 2021: $140,193Liabilities 2021: $48,132Net Assets 2021: $92,0612021Assets 2022: $130,082Liabilities 2022: $45,212Net Assets 2022: $84,8702022Assets 2023: $102,564Liabilities 2023: $48,747Net Assets 2023: $53,8172023Assets 2024: $77,695Liabilities 2024: $69,569Net Assets 2024: $8,1262024

Highlighted filing

2020

Assets$149,398
Liabilities$34,078
Net Assets$115,320

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2016: $113,396Expenses 2016: $60,850Net Income 2016: $52,5462016Revenue 2017: $233,565Expenses 2017: $149,161Net Income 2017: $84,4042017Revenue 2018: $157,856Expenses 2018: $148,330Net Income 2018: $9,5262018Revenue 2019: $80,650Expenses 2019: $95,294Net Income 2019: -$14,6442019Revenue 2020: $89,883Expenses 2020: $107,115Net Income 2020: -$17,2322020Revenue 2021: $90,479Expenses 2021: $114,132Net Income 2021: -$23,6532021Revenue 2022: $114,992Expenses 2022: $121,224Net Income 2022: -$6,2322022Revenue 2023: $108,842Expenses 2023: $140,979Net Income 2023: -$32,1372023Revenue 2024: $138,128Expenses 2024: $176,741Net Income 2024: -$38,6132024

Highlighted filing

2020

Revenue$89,883
Expenses$107,115
Net Income-$17,232
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Gross Receipts
$92,756
Mission and Program Overview

Mission

1.to build and maintain a residential artists' village near the historic ohio and erie canal towpath trail in akron, ohio using refurbished shipping containers, railroad cars, and tiny houses. 2.to grant fellowships to deserving artists in any medium. The fellowships will include housing and gallery space within the akron soul train village. 3.to develop, promote, and teach about the arts to visitors and residents of akron, ohio via educational outreach, workshops, classes and exhibitions.

Akron soul train will be a nationally renowned northeast ohio multidisciplinary art program serving as a magnet to attract and promote diverse artists and artistic expression. We will be a catalyst for the arts, offering an opportunity for greater akron residents to engage with artists and participate in the artistic process. In alliance with other community organizations, we will inspire the minds and lives of artists and our various audiences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$82,169$71,885▼ $10,284
Land, Buildings, and Equipment, Net$51,611$52,428▲ $817
Cash and Non-Interest-Bearing Accounts$21,398$16,689▼ $4,709
Inventories for Sale or Use$6,460$5,000▼ $1,460
Intangible Assets$1,986$1,819▼ $167
Prepaid Expenses and Deferred Charges$1,577$1,577→ $0
Total Assets$165,201$149,398▼ $15,803
Liabilities
Accounts Payable and Accrued Expenses$33,369$34,078▲ $709
Total Liabilities$33,369$34,078▲ $709
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$131,832$59,485▼ $72,347
Net Assets With Donor Restrictions-$55,835-
Total Net Assets Fund Balance$131,832$115,320▼ $16,512
Total Liabilities and Net Assets / Fund Balance$165,201$149,398▼ $15,803

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$43,450$1,000$44,450
Leasehold Improvements$4,750$4,250$9,000
Equipment$70$634$704
Land$200-$200
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nancy BrennanPresident
Antha PoleandakisDirector
Arnold TunstallDirector
Connie HesskeDirector
Howard ParrDirector
Mary Ann JacksonDirector
Elizabeth RobbSecretary
Jenny FrantzTreasurer
Jill Bacon MaddenVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$89,294
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$589
All Other Contributions
$74,096
Change in Net Assets
$-17,232

Audited Revenue Reconciliation

Revenue per Audited Statements
$89,883
Revenue Not Reported on Form 990
$25,300
Total Revenue per Audited Statements
$115,183
Total Revenue per Form 990
$89,883
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$61,233
Total Fundraising Expense$33,060
Other Expenses$26,282
Grants and Similar Amounts Paid$19,600
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$23,550$8,316$29,367$61,233
Grants to Domestic Individuals$19,600--$19,600
Fees for Services Management$1,721$5,164$1,721$8,606
Depreciation Depletion$3,169$1,315-$4,484
Fees for Services Other$3,227--$3,227
Office Expenses$822$290$1,025$2,137
Insurance$759$268$947$1,974
Fees for Services Accounting-$1,230-$1,230
Advertising$542--$542
All Other Expenses$452--$452
Other Expenses$612$375-$375
Total Functional Expenses$56,972$17,083$33,060$107,115

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$132,415
Expenses per Audited Statements$107,115
Total Expenses per Form 990$107,115
Expenses Not Reported on Form 990$25,300
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,573
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
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
No
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Kasota artist management, llc. Performed those duties that would customarily be performed by the organization's chief management official, such as the executive director. The organizatin's president, nancy brennan, has an ownership interest in kasota artist management, llc.

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

The 990 is distributed to the board of directors for their review.

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

The board of directors reviewed financial reports and approved agreements and significant transactions during the year monitoring for conflicts of interest. All conflicts of interest were addressed by the board of directors in compliance with the conflict of interest policy

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

Compensation was reviewed and approved by the board based on an analysis of the fair value of such services in the local community.

Form 990, Page 6, Part VI, Line 19

Governing documents were made available upon request

Filing and Contact Details

Filer

Filer Name
Akron Soul Train
EIN
81-1199928
Phone
3307611478
Address
121 S MAIN STREET, AKRON, OH 44308

Signing Officer

Name
Nancy Brennan
Title
President
Phone
3307611478
Signed
2021-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Brennan
Formed
2016
Legal Domicile
Oh
Voting Board Members
9
Independent Board Members
9
Employees
3
Volunteers
15

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

Akron soul train is an artist residency program connecting and empowering the community and artists by granting residencies that provide resources to all creative disciplines, thereby fostering a more vibrant downtown akron. Founded in 2016 as a result of winning a 2015 knight arts challenge grant, akron soul train provides artists with the resources to create and exhibit new bodies of work. In 2019, akron soul train established a permanent gallery space on south main street in the heart of akron's downtown arts district, giving the community more opportunities to view and participate in visual art exhibitions, performances and workshops of our resident artists. Then in 2020, after the pandemic shut-down, akron soul train expanded its focus and opened an inner gallery space called the capsoul gallery for emerging artists and community projects. Our first exhibition featured emerging black artist maya matthews whose work explores the healing, freedom, and empowerment of black people through representations of hairstyles, symbols, and expression. Her exhibition garnered the attention of the summit county probate court, and she was commissioned for a sculpture that will give hope to prisoners and their families at one of the lowest times of their lives. Helping and mentoring emerging artists is a natural addition to our artist-in-residency program.

Form 990, Page 1, Part I, Line 6

The ast board is comprised of all volunteers. The board meets on a quarterly basis. Meetings are normally 90 minutes long. Board volunteers are a cross section of the arts and business community in akron, ohio. Each member brings a plethora of experience and insight into the operations and governance of a startup nonprofit arts organization. The board is comprised of 9 members. A total of 4 board meetings were held in 2020. In addition to governance, board members have also been active in fundraising and community outreach. Ast held several events in 2020. Board members attended these events and assisted with explaining in ast's mission, its goals, anticipated outcomes, and impact on akron ohio. Ast's board members are well known and respected in the summit county area. By volunteering their time and talent, as well as donating their treasure, the ast board has lent an air of credibility to such a new nonprofit enterprise. This has held ast in good stead with potential funders, members, and volunteers, as well as assuring success.

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

Artists in residence akron soul train has awarded 49 artists with residencies since its inception. The akron soul train selection committee scores artists on the innovativeness of their work proposal, originality of their community engagement component and quality of past work in order to bring to the akron community top-notch cultural experiences. Akron soul train exists not only to support artists in creating a new body of work, but also to share their experiences with the public. A significant portion of the application process includes applicants demonstrating their plans for a public program consisting of a workshop, demonstration, project interaction, or artist talk and what needs they have in order to achieve success. Each artist works with the committee and staff trained in arts management to fully develop their plans for public engagement with their work. The benefit of a residency with ast is summed up by micah kraus, "i was able to collaborate with floco torres, nccakron and stephen tomasko. Having the exhibition after the residency pushed me to make a cohesive body of work, which has led to artistic momentum as well as many art sales. Additionally, i have been invited to exhibit in other shows because of the exposure of the residency and exhibit." akron soul train enjoys collaborating with a variety of organizations throughout greater akron for performance space, marketing assistance, volunteer recruitment, specialty studio spaces including printmaking equipment, recording equipment, and kilns. These organizations are instrumental to the work of akron soul train by ensuring our artists have access to the materials they need to complete their proposed project. Residency work is exhibited at the burton d. Morgan exhibition space within the akron soul train gallery located in the heart of akron's downtown arts district. Akron soul train has established itself as a place for equity, and the relationships forged throughout the community have laid a foundation in attracting a diverse pool of artist residency applicants. We are proud that the diversity among the chosen artists occurs organically. Each artist brings their own voice resulting in 31% minority and 41% female representation for the 2020 season of artists in residence. The 2020 season included sixteen residencies culminating in thirteen visual arts exhibitions, two plays, an open-mic poetry event, a ballet, and a musical performance.

Form 990, Part XI, Line 9

Cost of goods sold 1,300 cost of goods sold -1,300

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 agency records tax related penalties and interest as administrative costs in the accompanying statements of activities and functional expenses. However, the organization incurred no tax related penalties or interest in 2020.

Schedule D, Page 4, Part XI, Line 2D

COST OF GOODS SOLD 1,300

Schedule D, Page 4, Part XII, Line 2D

COST OF GOODS SOLD 1,300

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IRS990/ActivityOrMissionDesc0AKRON SOUL TRAIN WILL BE A NATIONALLY RENOWNED NORTHEAST OHIO MULTIDISCIPLINARY ART PROGRAM SERVING AS A MAGNET TO ATTRACT AND PROMOTE DIVERSE ARTISTS AND ARTISTIC EXPRESSION. WE WILL BE A CATALYST FOR THE ARTS, OFFERING AN OPPORTUNITY FOR GREATER AKRON RESIDENTS TO ENGAGE WITH ARTISTS AND PARTICIPATE IN THE ARTISTIC PROCESS. IN ALLIANCE WITH OTHER COMMUNITY ORGANIZATIONS, WE WILL INSPIRE THE MINDS AND LIVES OF ARTISTS AND OUR VARIOUS AUDIENCES.
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IRS990/Desc0ARTISTS IN RESIDENCE AKRON SOUL TRAIN HAS AWARDED 49 ARTISTS WITH RESIDENCIES SINCE ITS INCEPTION. THE AKRON SOUL TRAIN SELECTION COMMITTEE SCORES ARTISTS ON THE INNOVATIVENESS OF THEIR WORK PROPOSAL, ORIGINALITY OF THEIR COMMUNITY ENGAGEMENT COMPONENT AND QUALITY OF PAST WORK IN ORDER TO BRING TO THE AKRON COMMUNITY TOP-NOTCH CULTURAL EXPERIENCES. AKRON SOUL TRAIN EXISTS NOT ONLY TO SUPPORT ARTISTS IN CREATING A NEW BODY OF WORK, BUT ALSO TO SHARE THEIR EXPERIENCES WITH THE PUBLIC. A SIGNIFICANT PORTION OF THE APPLICATION PROCESS INCLUDES APPLICANTS DEMONSTRATING THEIR PLANS FOR A PUBLIC PROGRAM CONSISTING OF A WORKSHOP, DEMONSTRATION, PROJECT INTERACTION, OR ARTIST TALK AND WHAT NEEDS THEY HAVE IN ORDER TO ACHIEVE SUCCESS. EACH ARTIST WORKS WITH THE COMMITTEE AND STAFF TRAINED IN ARTS MANAGEMENT TO FULLY DEVELOP THEIR PLANS FOR PUBLIC ENGAGEMENT WITH THEIR WORK. THE BENEFIT OF A RESIDENCY WITH AST IS SUMMED UP BY MICAH KRAUS, "I WAS ABLE TO COLLABORATE WITH FLOCO TORRES, NCCAKRON AND STEPHEN TOMASKO. HAVING THE EXHIBITION AFTER THE RESIDENCY PUSHED ME TO MAKE A COHESIVE BODY OF WORK, WHICH HAS LED TO ARTISTIC MOMENTUM AS WELL AS MANY ART SALES. ADDITIONALLY, I HAVE BEEN INVITED TO EXHIBIT IN OTHER SHOWS BECAUSE OF THE EXPOSURE OF THE RESIDENCY AND EXHIBIT." AKRON SOUL TRAIN ENJOYS COLLABORATING WITH A VARIETY OF ORGANIZATIONS THROUGHOUT GREATER AKRON FOR PERFORMANCE SPACE, MARKETING ASSISTANCE, VOLUNTEER RECRUITMENT, SPECIALTY STUDIO SPACES INCLUDING PRINTMAKING EQUIPMENT, RECORDING EQUIPMENT, AND KILNS. THESE ORGANIZATIONS ARE INSTRUMENTAL TO THE WORK OF AKRON SOUL TRAIN BY ENSURING OUR ARTISTS HAVE ACCESS TO THE MATERIALS THEY NEED TO COMPLETE THEIR PROPOSED PROJECT. RESIDENCY WORK IS EXHIBITED AT THE BURTON D. MORGAN EXHIBITION SPACE WITHIN THE AKRON SOUL TRAIN GALLERY LOCATED IN THE HEART OF AKRON'S DOWNTOWN ARTS DISTRICT. AKRON SOUL TRAIN HAS ESTABLISHED ITSELF AS A PLACE FOR EQUITY, AND THE RELATIONSHIPS FORGED THROUGHOUT THE COMMUNITY HAVE LAID A FOUNDATION IN ATTRACTING A DIVERSE POOL OF ARTIST RESIDENCY APPLICANTS. WE ARE PROUD THAT THE DIVERSITY AMONG THE CHOSEN ARTISTS OCCURS ORGANICALLY. EACH ARTIST BRINGS THEIR OWN VOICE RESULTING IN 31% MINORITY AND 41% FEMALE REPRESENTATION FOR THE 2020 SEASON OF ARTISTS IN RESIDENCE. THE 2020 SEASON INCLUDED SIXTEEN RESIDENCIES CULMINATING IN THIRTEEN VISUAL ARTS EXHIBITIONS, TWO PLAYS, AN OPEN-MIC POETRY EVENT, A BALLET, AND A MUSICAL PERFORMANCE.
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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 AGENCY RECORDS TAX RELATED PENALTIES AND INTEREST AS ADMINISTRATIVE COSTS IN THE ACCOMPANYING STATEMENTS OF ACTIVITIES AND FUNCTIONAL EXPENSES. HOWEVER, THE ORGANIZATION INCURRED NO TAX RELATED PENALTIES OR INTEREST IN 2020.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD 1,300
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2COST OF GOODS SOLD 1,300
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FELLOWSHIPS AND STIPENDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1ARTIST RELIEF GRANTS
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDES ART AND FELLOWSHIP STIPENDS TO ARTISTS IN RESIDENCE AND MONITORS THE USE OF FUNDS THROUGH OBSERVATION AND DISCUSSION WITH RESIDENT ARTISTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AKRON SOUL TRAIN IS AN ARTIST RESIDENCY PROGRAM CONNECTING AND EMPOWERING THE COMMUNITY AND ARTISTS BY GRANTING RESIDENCIES THAT PROVIDE RESOURCES TO ALL CREATIVE DISCIPLINES, THEREBY FOSTERING A MORE VIBRANT DOWNTOWN AKRON. FOUNDED IN 2016 AS A RESULT OF WINNING A 2015 KNIGHT ARTS CHALLENGE GRANT, AKRON SOUL TRAIN PROVIDES ARTISTS WITH THE RESOURCES TO CREATE AND EXHIBIT NEW BODIES OF WORK. IN 2019, AKRON SOUL TRAIN ESTABLISHED A PERMANENT GALLERY SPACE ON SOUTH MAIN STREET IN THE HEART OF AKRON'S DOWNTOWN ARTS DISTRICT, GIVING THE COMMUNITY MORE OPPORTUNITIES TO VIEW AND PARTICIPATE IN VISUAL ART EXHIBITIONS, PERFORMANCES AND WORKSHOPS OF OUR RESIDENT ARTISTS. THEN IN 2020, AFTER THE PANDEMIC SHUT-DOWN, AKRON SOUL TRAIN EXPANDED ITS FOCUS AND OPENED AN INNER GALLERY SPACE CALLED THE CAPSOUL GALLERY FOR EMERGING ARTISTS AND COMMUNITY PROJECTS. OUR FIRST EXHIBITION FEATURED EMERGING BLACK ARTIST MAYA MATTHEWS WHOSE WORK EXPLORES THE HEALING, FREEDOM, AND EMPOWERMENT OF BLACK PEOPLE THROUGH REPRESENTATIONS OF HAIRSTYLES, SYMBOLS, AND EXPRESSION. HER EXHIBITION GARNERED THE ATTENTION OF THE SUMMIT COUNTY PROBATE COURT, AND SHE WAS COMMISSIONED FOR A SCULPTURE THAT WILL GIVE HOPE TO PRISONERS AND THEIR FAMILIES AT ONE OF THE LOWEST TIMES OF THEIR LIVES. HELPING AND MENTORING EMERGING ARTISTS IS A NATURAL ADDITION TO OUR ARTIST-IN-RESIDENCY PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE AST BOARD IS COMPRISED OF ALL VOLUNTEERS. THE BOARD MEETS ON A QUARTERLY BASIS. MEETINGS ARE NORMALLY 90 MINUTES LONG. BOARD VOLUNTEERS ARE A CROSS SECTION OF THE ARTS AND BUSINESS COMMUNITY IN AKRON, OHIO. EACH MEMBER BRINGS A PLETHORA OF EXPERIENCE AND INSIGHT INTO THE OPERATIONS AND GOVERNANCE OF A STARTUP NONPROFIT ARTS ORGANIZATION. THE BOARD IS COMPRISED OF 9 MEMBERS. A TOTAL OF 4 BOARD MEETINGS WERE HELD IN 2020. IN ADDITION TO GOVERNANCE, BOARD MEMBERS HAVE ALSO BEEN ACTIVE IN FUNDRAISING AND COMMUNITY OUTREACH. AST HELD SEVERAL EVENTS IN 2020. BOARD MEMBERS ATTENDED THESE EVENTS AND ASSISTED WITH EXPLAINING IN AST'S MISSION, ITS GOALS, ANTICIPATED OUTCOMES, AND IMPACT ON AKRON OHIO. AST'S BOARD MEMBERS ARE WELL KNOWN AND RESPECTED IN THE SUMMIT COUNTY AREA. BY VOLUNTEERING THEIR TIME AND TALENT, AS WELL AS DONATING THEIR TREASURE, THE AST BOARD HAS LENT AN AIR OF CREDIBILITY TO SUCH A NEW NONPROFIT ENTERPRISE. THIS HAS HELD AST IN GOOD STEAD WITH POTENTIAL FUNDERS, MEMBERS, AND VOLUNTEERS, AS WELL AS ASSURING SUCCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ARTISTS IN RESIDENCE AKRON SOUL TRAIN HAS AWARDED 49 ARTISTS WITH RESIDENCIES SINCE ITS INCEPTION. THE AKRON SOUL TRAIN SELECTION COMMITTEE SCORES ARTISTS ON THE INNOVATIVENESS OF THEIR WORK PROPOSAL, ORIGINALITY OF THEIR COMMUNITY ENGAGEMENT COMPONENT AND QUALITY OF PAST WORK IN ORDER TO BRING TO THE AKRON COMMUNITY TOP-NOTCH CULTURAL EXPERIENCES. AKRON SOUL TRAIN EXISTS NOT ONLY TO SUPPORT ARTISTS IN CREATING A NEW BODY OF WORK, BUT ALSO TO SHARE THEIR EXPERIENCES WITH THE PUBLIC. A SIGNIFICANT PORTION OF THE APPLICATION PROCESS INCLUDES APPLICANTS DEMONSTRATING THEIR PLANS FOR A PUBLIC PROGRAM CONSISTING OF A WORKSHOP, DEMONSTRATION, PROJECT INTERACTION, OR ARTIST TALK AND WHAT NEEDS THEY HAVE IN ORDER TO ACHIEVE SUCCESS. EACH ARTIST WORKS WITH THE COMMITTEE AND STAFF TRAINED IN ARTS MANAGEMENT TO FULLY DEVELOP THEIR PLANS FOR PUBLIC ENGAGEMENT WITH THEIR WORK. THE BENEFIT OF A RESIDENCY WITH AST IS SUMMED UP BY MICAH KRAUS, "I WAS ABLE TO COLLABORATE WITH FLOCO TORRES, NCCAKRON AND STEPHEN TOMASKO. HAVING THE EXHIBITION AFTER THE RESIDENCY PUSHED ME TO MAKE A COHESIVE BODY OF WORK, WHICH HAS LED TO ARTISTIC MOMENTUM AS WELL AS MANY ART SALES. ADDITIONALLY, I HAVE BEEN INVITED TO EXHIBIT IN OTHER SHOWS BECAUSE OF THE EXPOSURE OF THE RESIDENCY AND EXHIBIT." AKRON SOUL TRAIN ENJOYS COLLABORATING WITH A VARIETY OF ORGANIZATIONS THROUGHOUT GREATER AKRON FOR PERFORMANCE SPACE, MARKETING ASSISTANCE, VOLUNTEER RECRUITMENT, SPECIALTY STUDIO SPACES INCLUDING PRINTMAKING EQUIPMENT, RECORDING EQUIPMENT, AND KILNS. THESE ORGANIZATIONS ARE INSTRUMENTAL TO THE WORK OF AKRON SOUL TRAIN BY ENSURING OUR ARTISTS HAVE ACCESS TO THE MATERIALS THEY NEED TO COMPLETE THEIR PROPOSED PROJECT. RESIDENCY WORK IS EXHIBITED AT THE BURTON D. MORGAN EXHIBITION SPACE WITHIN THE AKRON SOUL TRAIN GALLERY LOCATED IN THE HEART OF AKRON'S DOWNTOWN ARTS DISTRICT. AKRON SOUL TRAIN HAS ESTABLISHED ITSELF AS A PLACE FOR EQUITY, AND THE RELATIONSHIPS FORGED THROUGHOUT THE COMMUNITY HAVE LAID A FOUNDATION IN ATTRACTING A DIVERSE POOL OF ARTIST RESIDENCY APPLICANTS. WE ARE PROUD THAT THE DIVERSITY AMONG THE CHOSEN ARTISTS OCCURS ORGANICALLY. EACH ARTIST BRINGS THEIR OWN VOICE RESULTING IN 31% MINORITY AND 41% FEMALE REPRESENTATION FOR THE 2020 SEASON OF ARTISTS IN RESIDENCE. THE 2020 SEASON INCLUDED SIXTEEN RESIDENCIES CULMINATING IN THIRTEEN VISUAL ARTS EXHIBITIONS, TWO PLAYS, AN OPEN-MIC POETRY EVENT, A BALLET, AND A MUSICAL PERFORMANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3KASOTA ARTIST MANAGEMENT, LLC. PERFORMED THOSE DUTIES THAT WOULD CUSTOMARILY BE PERFORMED BY THE ORGANIZATION'S CHIEF MANAGEMENT OFFICIAL, SUCH AS THE EXECUTIVE DIRECTOR. THE ORGANIZATIN'S PRESIDENT, NANCY BRENNAN, HAS AN OWNERSHIP INTEREST IN KASOTA ARTIST MANAGEMENT, LLC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS REVIEWED FINANCIAL REPORTS AND APPROVED AGREEMENTS AND SIGNIFICANT TRANSACTIONS DURING THE YEAR MONITORING FOR CONFLICTS OF INTEREST. ALL CONFLICTS OF INTEREST WERE ADDRESSED BY THE BOARD OF DIRECTORS IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION WAS REVIEWED AND APPROVED BY THE BOARD BASED ON AN ANALYSIS OF THE FAIR VALUE OF SUCH SERVICES IN THE LOCAL COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS WERE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8COST OF GOODS SOLD 1,300 COST OF GOODS SOLD -1,300
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
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