Civic Intelligence

Akron Soul Train

990 • Fiscal year 2021 • EIN 81-1199928

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 25, 2022

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

86th percentile

0.34x

Higher debt load relative to assets than 86% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

91st percentile

0.53x

Higher debt load relative to revenue than 91% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

17th percentile

-26%

Higher net margin than 17% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

30th percentile

-6.2%

Faster asset growth than 30% of similar nonprofits.

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

Revenue Growth

47th percentile

0.7%

Faster revenue growth than 47% of similar nonprofits.

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

Assets

Down

$140,193

Down $9,205 (-6.2%) from 2020

Net Assets

Down

$92,061

Down $23,259 (-20%) from 2020

Liabilities

Up

$48,132

Up $14,054 (+41%) from 2020

Revenue

Up

$90,479

Up $596 (+0.7%) from 2020

Expenses

Up

$114,132

Up $7,017 (+6.6%) from 2020

Net Income

Down

-$23,653

Down $6,421 (-37%) from 2020

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

2021

Assets$140,193
Liabilities$48,132
Net Assets$92,061

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

2021

Revenue$90,479
Expenses$114,132
Net Income-$23,653
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 25, 2022
Return Version
2021v4.0
Gross Receipts
$95,431
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. 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$71,885$65,730▼ $6,155
Land, Buildings, and Equipment, Net$52,428$48,074▼ $4,354
Cash and Non-Interest-Bearing Accounts$16,689$12,765▼ $3,924
Inventories for Sale or Use$5,000$5,000→ $0
Intangible Assets$1,819$1,653▼ $166
Prepaid Expenses and Deferred Charges$1,577$1,577→ $0
Total Assets$149,398$140,193▼ $9,205
Other Assets Total-$5,394-
Liabilities
Accounts Payable and Accrued Expenses$34,078$37,990▲ $3,912
Unsecured Notes Loans Payable-$10,142-
Total Liabilities$34,078$48,132▲ $14,054
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$59,485$86,667▲ $27,182
Net Assets With Donor Restrictions$55,835$5,394▼ $50,441
Total Net Assets Fund Balance$115,320$92,061▼ $23,259
Total Liabilities and Net Assets / Fund Balance$149,398$140,193▼ $9,205

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$43,450$1,000$44,450
Leasehold Improvements$1,750$7,250$9,000
Equipment-$704$704
Land$200-$200
Compensation and Service Providers

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$87,845
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$2,634
All Other Contributions
$78,097
Change in Net Assets
$-23,653
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$61,873
Other Expenses$38,259
Total Fundraising Expense$36,786
Grants and Similar Amounts Paid$14,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$21,794$8,030$27,530$57,354
Grants to Domestic Individuals$14,000--$14,000
Fees for Services Management$1,824$5,470$1,823$9,117
Depreciation Depletion$3,165$1,356-$4,521
Payroll Taxes$1,718$632$2,169$4,519
Fees for Services Accounting$343$3,321$432$4,096
Fees for Services Other$1,034$1,005$1,005$3,044
Insurance$1,092$402$1,379$2,873
Office Expenses$742$273$937$1,952
All Other Expenses$656$349$351$1,356
Other Expenses$475$1,195$1,160$475
Advertising$385--$385
Total Functional Expenses$55,313$22,033$36,786$114,132
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,728
Fundraising Gross Income$862
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
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
2022-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Brennan
Formed
2016
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
10
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.

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

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 38% minority and 46% female representation for the 2021 season of artists in residence. The 2021 season included thirteen residencies culminating in eight visual arts exhibitions, an experimental film, a contemporary indian dance performance, an interdisciplinary performance and two public artworks.

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IRS990/Desc0AKRON 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 38% MINORITY AND 46% FEMALE REPRESENTATION FOR THE 2021 SEASON OF ARTISTS IN RESIDENCE. THE 2021 SEASON INCLUDED THIRTEEN RESIDENCIES CULMINATING IN EIGHT VISUAL ARTS EXHIBITIONS, AN EXPERIMENTAL FILM, A CONTEMPORARY INDIAN DANCE PERFORMANCE, AN INTERDISCIPLINARY PERFORMANCE AND TWO PUBLIC ARTWORKS.
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FELLOWSHIPS AND STIPENDS
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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.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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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.
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/ExplanationTxt2AKRON 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 38% MINORITY AND 46% FEMALE REPRESENTATION FOR THE 2021 SEASON OF ARTISTS IN RESIDENCE. THE 2021 SEASON INCLUDED THIRTEEN RESIDENCIES CULMINATING IN EIGHT VISUAL ARTS EXHIBITIONS, AN EXPERIMENTAL FILM, A CONTEMPORARY INDIAN DANCE PERFORMANCE, AN INTERDISCIPLINARY PERFORMANCE AND TWO PUBLIC ARTWORKS.
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/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
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