Art Center Sarasota
707 N Tamiami Trail
Sarasota FL 34236
Mission
Art Center Sarasota’s mission is to provide Sarasota with opportunities for creative expression and art appreciation through art education, exhibitions and cultural programs.
Leadership
CEO/Executive Director Lisa Berger
Board Chair David Wyant Jr
Board Chair Affiliation Shumaker Loop
General Info
Organization DBA
DBA
Art Center Sarasota, Inc.
Former Names
Sarasota Art Association
Tax Exempt Status Public Supported Charity
Incorporation Year 1943
Awarded competitive grant from Community Foundation in the last 5 years? Yes
State Charitable Solicitations Permit Yes June 2018
State Registration Yes Jan 2018
Financial Summary
Note: Revenue includes the value of in-kind contributions/donations
 
IRS Letter of Determination
Name
IRS Letter of DeterminationView
Other Documents
ACS Non-Commission Fundraising PolicyView
Impact Statement

Impact Statement

Art Center Sarasota completed the 2016/2017 fiscal year with many accomplishments and many goals met. Attendance reached 52,700 an increase of 10% over last year. Exhibitions, lectures, classes, and special programs provided accessible opportunities for diverse participants. The Art Center welcomed 255 students and children in summer camps from preschool through high school. The Art Center provided 49 scholarships to students and children funded by private individuals and foundations.

Adult education programs were well attended and received positive feedback from students and instructors. Adult classes and workshops welcomed instructors both locally and nationally to teach standards, methods, and principles of art

The Art Center remains free and open to the public to view exhibitions all year. Exhibitions included seven cycles and new works in four galleries. This includes 27 different curated and juried exhibits annually. Exhibition openings regularly achieve 200-400 attendees of members, artists, friends, and visitors. This fiscal year the Art Center hired a full time exhibitions and marketing coordinator to improve communications and procedures for exhibits. The exhibitions saw more press coverage and recognition by the local community, drawing even more visitors per cycle.

In addition to attendance goals met, the major goal of hiring a full time Development Director was achieved. Finishing the 2016/2017 fiscal year this position was filled and the Art Center is already improving donor communications, procedures, and enhanced planning in order to have a strong fundraising effort for 2018.

Goals for the upcoming year:

1.       Develop improvements to the facility to accommodate growth in Sarasota and meet the demand of increased attendance at the center.

2.       Plan for inclusion in the redeveloped the Bayfront




Needs Statement

1. $100 provides one week of supplies for youth education and art programs. School field trip students and camp kids create art throughout the year and supplies are necessary for these students.

2. $4,000 gives the gift of climate control for art work. A new AC Gallery 1 & 2 is needed. The current unit has exceeded its life expectancy. 

3. $5,000 provides 20 Adult Scholarships- to meet the needs of our expanding and diverse audien ce. Adults with special needs, disabilities, and low income will be priority recipients of these scholarships and fund art enrichment and participation in art classes at the Art Center.

4.  $10,000 provides youth scholarships for field trip opportunities for Title I schools and summer camp experiences to students from low income households.

5. $15,000 provides light-to upgrade lighting in Gallery 4 $15,000-As a part of this year’s goal of facility improvements, updated light fixtures for art and gallery purposes is included. Lighting is essential for art work display and viewing.

Background Statement

Art Center Sarasota was the first arts and cultural institution in Sarasota. Founded in 1926 as the “Sarasota Art Association” by Marcia Rader, Art Supervisor for the Sarasota County Schools. In the early years, the group met monthly and sponsored exhibits in rented facilities. The Association was incorporated as a not-for-profit organization in 1943 and has been in its current location in the Sarasota Bayfront Cultural District since 1949.

Art Center Sarasota today is a membership based organization but welcomes the entire community with affordable and accessible curated and juried exhibitions, art education for adults and youth, outreach for underserved youth and culturally related public programming.
Areas Served
Areas Served
Area
FL- Sarasota
FL- Manatee
FL-Pinellas
FL- Lee
FL- Charlotte
Areas Served Comments
Most of our audience comes from Sarasota County, Manatee County, towns north to St. Petersburg and Tampa and south to Ft. Myers and Naples. We also serve out of town visitors who visit Sarasota to take workshops and view the exhibitions.
Service Categories
Primary Org Type Arts,Culture & Humanities
Secondary Org Type Arts,Culture & Humanities
Tertiary Org Type Arts,Culture & Humanities
Statement from the Board Chair/Board President

 

[Statement from Board Chair David Wyant]

The reason I became involved at Art Center Sarasota is that I share the late artist Keith Haring’s vision of art as an accessible outlet for our entire community. Haring once said, “Art is nothing if you don’t reach every segment of the people.”

Ours is a community that, even in its governance, has placed a special emphasis on fostering the arts. Art Center Sarasota exists to be the epicenter of our community’s art scene and to be inclusive of all comers. As a facility that is free and open to the public six days a week, we rely on the financial support of initiatives such as the Giving Challenge.

Since I joined the Board in 2015, I have seen tremendous growth in the development of cutting edge art exhibitions and excellent educational programming. With groundbreaking exhibits exploring art and technology, stimulating and experimental installations by contemporary artists and an annual exhibit highlighting the talents of Sarasota’s public school students, Art Center Sarasota is essential to the progression of our community. We intend to continue expanding the boundaries of what is possible in the world of fine art and to provide these innovations to residents of Sarasota and its visitors while always remaining a place to learn about, create and display artwork.

Please join me in providing financial support to one of Sarasota’s most historic and essential arts organizations – a true gem in our special cultural community.


 

Statement from the CEO/Executive Director
Art Center Sarasota provides Sarasota with access to the visual arts as artists, students, collectors or those who appreciate art. The organization is membership based, but welcomes everyone to participate in activities.
 
The Art Center has four galleries that rotate exhibitions in seven cycles throughout the year. The public is welcome to view the exhibitions at no charge. Exhibitions are considered for artistic, cultural and diverse appeal to visitors. Our new curatorial team has elevated the quality of the exhibitions immensely- so that residents and visitors to Sarasota have unique and exciting experiences each time they visit.
The juried exhibition in each cycle has encouraged artists of all skill levels to put forth their best work to be considered for inclusion. The quality of work submitted has increased, gaining recognition from arts professionals in the community.
The Art Center's education department offers a multitude of adult art classes and workshops throughout the year taught by highly regarded local and visiting instructors. Students come to the center from all over the world to learn from master instructors. The center also partners with lecturers, musicians, dance, theater and literary groups to offer cultural programs in the atrium gallery at affordable prices.

The summer camps, divided into 2 age groups has been full to capacity almost every week. Additional camps are now held during Winter and Spring Break.
 
A Saturday afternoon art class been steadily building throughout the school year. These programs, along with the Slice of Art outreach program which is donor funded at no cost to the schools, helps young people to develop their imagination. We believe that nurturing creativity in youth helps them in adulthood with problem solving and innovation in whatever career they choose.

What makes Art Center Sarasota unique is that it is the only organization in Sarasota that has such diverse, accessible opportunities for audiences to experience culture through visual art. The fashion show/fundraiser "iconcept", now into its 10th year,with outfits created by artists from unconventional materials has now gotten the recognition from the community for its uniqueness.
Additionally we have created iconcept junior, now in its 2nd year, for youth ages 8-16 to be creatively challenged and make unconventional material outfits.
 
We have a fantastic staff and great board of dedicated people as well as a volunteer corps of about 150. Together we have created a big extended family that welcomes and makes our participants feel included. I am so proud of our staff, board and volunteers who have really turned the art center into one of the happiest places in town!
 
Programs
Description
ADULT EDUCATION
This program consists of adult art classes and workshops and artist demonstrations.
About 70 adult classes are held each year in 5-6 week sessions with highly regarded instructors from the Sarasota area. Painting and mixed media are the most popular but unique offerings such as printmaking, bookmaking and sculpture are attracting more students because they are not widely taught elsewhere.
About 50 workshops are scheduled each year for 1-5 day intensive studies. Instructors are nationally or internationally known and travel to Sarasota to teach. Workshops are attended by local and seasonal residents as well as visitors who come to Sarasota from all over the world to learn.
Budget $10,000
Category Arts, Culture & Humanities, General/Other Visual Arts Instruction
Program Linked to Organizational Strategy Yes
Population Served Adults Adults US& International
Short Term Success With each educational experience participants gain more knowledge and improve their skills. Interaction with instructors, who give personal critiques, helps students resolve issues with their work for a more successful finished piece. Making art always comes with frustration and joy. Student’s skill in using the chosen medium, color knowledge and simple design sense are areas that constantly improve with education. Many students take multiple sessions with the same instructor and some try a variety of instructor styles and mediums. In any case, students who return repeatedly indicate that the program is successful.
Long Term Success By participating in classes and workshops over time, an adult student’s skill level grows. Students often submit work from classes into the juried exhibitions at the Art Center. As they refine their skills, more work is accepted into the shows and sold in the gallery. This results in greater confidence in their talent as an artist. Many artists take classes to express themselves and work through emotional, physical or health issues. Creating art is shown to be great healing therapy. Class participation creates new friendships with others of similar interest. Many connections have been made over the years which have resulted in students having a feeling of belonging and acceptance as part of the Art Center family. Youth who participate in the programs develop their creative skills and imagination at a young age which helps in adulthood to think outside the box for problem solving and creative ideas.
Program Success Monitoring Most educational programs are monitored by surveys given upon completion of a class session or workshop. The surveys ask questions about their experiences. They rate the instructor, the quality of knowledge gained, and their satisfaction with the facility. Space given for commentary on likes and dislikes. These surveys help guide planning for future classes and workshops.
Another way of monitoring is through the attendance of classes and workshops. Instructors have a minimum and maximum number of students they need to teach the class. If attendance is at minimum we have to evaluate running the class again. Factors to consider are time of year and similar opportunities that are available.
Many students repeat classes with the same instructor which indicates that they are feeling a sense of accomplishment and are continually learning and developing new skills.
Program Success Examples The Education program has grown over the past two years. This is due to a better organized department with a skilled Education Director that chooses instructors, a well balanced mix of mediums offered based on demand, and provides great customer service. This results in less classes being cancelled. Students receive guidance on class choices based on their skill levels and types of medium they enjoy.
This year, beginner level classes were offered in painting and drawing in order to learn techniques as novices and not be intimidated by more advanced students. The students felt more comfortable and some have moved on to more advanced classes.
The Saturday youth class for ages 6-12, has grown in popularity to an average of nine students per week. This gives young artists more time to be creative outside of school.
Description
EXHIBITIONS
Art Center Sarasota showcases emerging and established artists in curated and juried exhibitions throughout each season. Exhibitions support the Art Center's mission to provide opportunities for creative expression and art appreciation.
Goals:
1.Offer curated and juried exhibitions that represent a diverse range of art mediums, a broad spectrum of social significance, and artists that come from diverse locations and backgrounds.
2. Encourage visitors to return throughout the year by bringing new and different exhibitions to the Art Center from local, national and international sources.
3. Build bridges between the Art Center and community organizations by collaborating and allowing others to showcase their organization to visitors.
4. Elevate the prestige of local artists by exhibiting and offering their work for sale alongside nationally recognized artists. Sales of artwork to visitors will increase the economic impact for the artistic community. 
Budget $126,000
Category Arts, Culture & Humanities, General/Other Visual Arts Exhibitions
Program Linked to Organizational Strategy Yes
Population Served Adults K-12 (5-19 years) US& International
Short Term Success
Each exhibition cycle (7 per year) is an opportunity for new successes such as:
1. Exhibitions that gain media attention for an individual artist or curated show. This usually brings more visitors to the center increasing the number of people who view the show.
2. Artists who sell work as a validation of their appeal as an artist.
3. Visitors to the center who have never been in before and discover the value of what the Art Center provides to the community.
4. The opportunity for viewers to enrich their lives and understanding of the world through artistic expression.
 
Long Term Success
The long term success of the Exhibitions Program:
 
1. Provide more exhibition opportunities for established and emerging artists to help them gain widespread recognition and have a place to sell their work.
2. Increase viewers by providing high quality exhibitions of works that have never been shown in Sarasota.  Viewers have an opportunity to see over  25 unique exhibits of artistic, cultural and educational merit per year. Increased visitor numbers help the Art Center gain higher visibility and importance in the community resulting in greater support. Last year we had over 50,000 visitors for the education and exhibition programs.
 
3.Continue collaborations with other art groups which allows for more diverse shows reaching more artists and audiences who can benefit from the program.
 
4. Encourage more people to use their creative skills and imagination to express themselves through art resulting in a healthier, balanced life.
 
 
Program Success Monitoring
The program success is measured by:
1. Visitor surveys which are filled out on a volunteer basis but encouraged by the staff. The surveys provide visitor demographics and a chance to comment on the exhibits.
2. The number of submissions to each juried show which fluctuates depending on the season. Records are kept to evaluate trends in number of submissions with regard to the time of year and theme of show.
3. Media recognition is an indicator of success.
4. Art Purchases indicate that the public finds the exhibitions of high quality and worth purchasing.
Program Success Examples
a) A young artist who consistently shows at the center, wins juried prizes and sells a lot of work has come to the attention of several gallery owners who want to show his work. His gained confidence enabled him to start an online portrait service which has become quite successful.
 
b) A high school age artist who volunteers in the summer art camp was encouraged to enter juried shows and has been accepted into them. She also received a full scholarship to Ringling College.
 
c) This year, one of our artists was selected by Saks Fifth Avenue to be featured in their new Sarasota and Puerto Rico stores. Saks purchased 36 pieces of work from this artist.
 
d) Another artist featured in the Black Box Project student initiative was able to gain exposure to the Sarasota community that sparked interest in purchasing his work and led him to collaborations with other cultural organizations.
Description
The youth programs goal is to provide art education and promote the development of creative skills for young people ages 6 - 16.
In the summer, there are 9-11 weekly sessions of themed art camp which are divided into 2 age groups. The "Creative Kids" are 6-10 years old and the "Emerging Artists" are 11-16. Each theme is carried through both camps with the older campers doing more skilled projects and the younger learning fundamental skills.
A Winter Break Art Camp is offered for 2 weeks during the holiday break.
The camps utilize teen volunteers to assist the instructors, gaining community service hours for graduation.
On Saturday afternoons during the school year "Rising Rembrandts" is offered to youth 6 and up. This program helps to keep youth actively involved in the creative process all year round.
A new program called "Fashion Bootcamp" is offered in the area exclusively at Art Center Sarasota. One Saturday per month during the school year and several weeks in the summer, young designers come to learn basic sewing skills and make a variety of planned projects or work on their own designs. Many of the designers also participate in the Iconcept Jr. Fashion show fundraiser for the center each September.
Need based scholarships are available.
Budget $40,000
Category Arts, Culture & Humanities, General/Other Visual Arts
Program Linked to Organizational Strategy Yes
Population Served K-12 (5-19 years) Children and Youth (0 - 19 years) Children and Youth (0 - 19 years)
Short Term Success
Youth camps are flourishing with most weeks filled each summer. By limiting class size, providing excellent instructors and volunteers, the students are given a lot of attention to develop their art skills as well as social skills. The camps draw a diverse range of students from local, and visiting youth, giving the kids an opportunity to meet other kids who are different from them and speak other languages.
The fashion bootcamp is getting more popular with many kids taking every session. It is a unique experience not offered anywhere else in the area allowing those interested in fashion- whether it becomes a career or not- to express themselves through clothing they design and make.
Long Term Success
The youth programs are constantly growing, space allowing. The challenge has been to make programs during the school year when there are so many other activities for youth. Our adult classes and workshops end at 4:30 which is usually too late to begin youth classes. The weekends are limited to Saturdays, mostly in the afternoons.
We find that workshop style programs such as Fashion Bootcamp may be the short term solution to long term success.
In the future, we intend to increase classroom spaces which will allow for more dedicated, consistent programs offering specific mediums. 
Program Success Monitoring
After each camp session, a questionnaire is sent to the parents to get feedback on instruction and overall likes and challenges in
the camp.
This allows us to determine which teachers and teaching assistants worked best and which themes were most interesting.
Program Success Examples Many of our youth campers began when they were 6 years old and have been coming every summer (and winter) until they age out of the camp. Several go on to become teaching assistants in the camp and stay in touch with staff all the way into college years.
Description
SLICE OF ART
The Slice of Art program at Art Center Sarasota provides fun and educational art experiences for students in Sarasota through exciting guided tours of Art Center Sarasota’s exhibitions and hands-on art making activities.

Tours for students in grades 3-12 are designed to spark the student’s imagination. They include connections to science, social studies, and other subject areas. The coordinator works with teachers to develop curriculum connections and leads discussions in the galleries relevant to issues in student’s lives. After the tour, students enjoy a pizza lunch and refreshments followed by a 45 minute art-making workshop. The Slice of Art program is listed in the Sarasota County School System’s EdExplore SRQ as an approved activity for outside classroom learning.
Each Tour for students serves 20 to 30 participants per visit and includes: art supplies; bus transportation; one substitute teacher; a Slice of Art teacher; pizza and refreshments.
Budget $12,000
Category Arts, Culture & Humanities, General/Other Visual Arts
Program Linked to Organizational Strategy Yes
Population Served K-12 (5-19 years) At-Risk Populations Elderly and/or Disabled
Short Term Success The students who participate in the tours will have a better understanding of the visual arts and enhance their appreciation and the need for arts and culture in our lives. As adults they will continue to seek out the arts as a vital part of their whole being after having a positive experience as children.
Long Term Success Discussing and creating art builds self-esteem and self-confidence by encouraging young people to find their voice.  Through the program, students engage in creative thinking in terms of choice and possibility. Creative youth will become the adults who will lead our country in innovation in all fields of enterprise. By involving youth in the process of creativity, they learn how to solve practical problems for many applications besides making beautiful objects.

Art education makes a tremendous impact on the developmental growth of every child and has proven to help level the “learning field” across socio-economic boundaries. Studies find that experiences in both the visual and performing arts help students develop concentration, focus, commitment to follow through with tasks, and interest in their own learning.
Program Success Monitoring To monitor the impact of the program, students, teachers and program directors are asked to complete Evaluation Questionnaires at the end of each visit. The evaluation responses provide important information about the strengths and weaknesses of the program, the components the students find most meaningful, and to what degree they value the educational experience.
Program Success Examples “I was impressed that my students who are low level readers were able to express their thoughts so eloquently. Art is a powerful thing. These kids are at risk of dropping out, yet they spoke at such a high level of thinking that I can only advocate how important art is in education.” -Lori Burton Phoenix Academy

A student, completely disengaged until he came across a painting of a graveyard was asked "how does this painting make you feel?" He told a sad story about losing his grandmother and how much he missed her. The other students listened, asking more about his grandmother. Students shared stories of their own losses and sadness. After the tour, the counselor was in tears saying “I have tried for weeks to get Emilio to open up and participate but I have been unsuccessful. I felt like giving up on him. Finally he opened up, shared his feelings and painted the most beautiful picture. I know now that it is through art that I can reach these students.” -Gulf Coast Marine Institute
CEO/Executive Director
CEO/Executive Director Lisa Berger
CEO Term Start Sept 2012
CEO/Executive Director Email lisa@artsarasota.org
Experience
Lisa Berger has been part of Art Center Sarasota since 2008 as a Board Member and Staff. She has six years experience in fund development, marketing, public relations and general operations of the Art Center.
In 2012, Lisa took over as Executive Director from her previous position of Development and Marketing Director for the organization.
 
Lisa hold a degree in Fine Arts and Fashion Design from the Fashion Institute of Technology in New York City. She worked as a designer in the fashion industry for 14 years and moved to Sarasota in 1994. Her many years in the for-profit world as a Director of Design gave her experience in the management of staff and dealing with vendors and customers.
 
In 2009, Lisa merged her knowledge of fashion with that of the artistic community to create the signature event "iconcept", now in its seventh year. The event helps to promote artists in the area in a wearable fashion show which also serves to raise funds for the Art Center.
Former CEOs/Executive Directors
NameTerm
Sarah Ford Apr 2012 - Aug 2012
Fayanne Hayes Jan 2007 - Apr 2012
Senior Staff
NameTitle
Karen Branch Finance Manager
Elizabeth Goodwill Education Director
Dustin Juengel Curator
Kara Morgan Development Director
Nathan Skiles Curator
Staff & Volunteer Statistics
Full Time Staff 3
Part Time Staff 7
Staff Retention Rate % 100
Professional Development Yes
Contractors 1
Volunteers 150
Management Reports to Board Yes
CEO/Executive Director Formal Evaluation Yes
Senior Management Formal Evaluation Yes
Non-Management Formal Evaluation Yes
Collaborations
The Art Center works with many cultural organizations, groups and businesses to collaborate on projects and programs. This has resulted in bringing in new visitors and broadens audiences for all involved.

Exhibition and Education partners this year: ASALH (Association of African Life and History) annual Black Muse exhibition, Goodwill Manasota- MASHterpieces collaborative exhibition, Sarasota Herald-Tribune, North County Sarasota Schools, Booker VPA, Ringling College of Art

Programs and Event Partners: Goodwill Manasota, The Jazz Club of Sarasota, Theatre of the Mind, FAB (Fabulous Arts Boutique), The Observer, Macy’s, Saks Fifth Avenue, Sertoma Club, The Mall at UTC, Sarasota Herald-Tribune
Affiliations
AffiliationYear
Arts and Cultural Alliance of Sarasota County2013
Greater Sarasota Chamber of Commerce2013
Arts & Cultural Alliance of Sarasota2014
Greater Sarasota Chamber of Commerce2014
Greater Sarasota Chamber of Commerce2015
Greater Sarasota Chamber of Commerce2016
Arts and Cultural Alliance of Sarasota County2016
Arts and Cultural Alliance of Sarasota County2017
External Assessments and Accreditations
Assessment/AccreditationYear
Awards & Recognition
Award/RecognitionOrganizationYear
Winner WEDU Be More Awards "Be More Enriched"WEDU2013
Finalist Cultural Organization of the YearGreater Sarasota Chamber of Commerce2014
Finalist "Be More" EnrichedWEDU2015
FInalist "Cultural Organization of the Year"Greater Sarasota Chamber of Commerce2015
Finalist, Be More Enriched AwardWEDU2016
AmbassadorGoodwill Manasota2016
Risk Management Provisions
Government Licenses
Organization Licensed by the Government No
Plans
Fundraising Plan Yes
Communication Plan No
Strategic Plan No
Strategic Plan Years 5
Strategic Plan Adopted Oct 2010
Management Succession Plan No
Continuity of Operations Plan No
Policies
Nondiscrimination Policy Yes
Whistle Blower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy No
Policies and Procedures Yes
Other Documents
Board Chair
Board Chair David Wyant Jr
Company Affiliation Shumaker Loop
Board Term Oct 2017 to Oct 2018
Board Chair Email david.wyant@gmail.com
Board Members
Board Members
NameAffiliation
Carolyn Benedict-Drew Retired professional
Ramsey Frangie Ramate Constructon
Ned Norris Private Practice Psycologist
Sam Savin Retired New College Provost
David Wyant JrAttorney-Shumaker, Loop & Kendrick
Constituency Includes Client Representation No
Board Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 5
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Gender
Male 4
Female 1
Unspecified 0
Governance
Board Term Lengths 3
Board Term Limits 2
Board Orientation Yes
Number of Full Board Meetings Annually 13
Board Meeting Attendance % 72
Board Self-Evaluation Yes
Written Board Selection Criteria Yes
Board Conflict of Interest Policy Yes
% of Board Making Monetary Contributions 100
% of Board Making In-Kind Contributions 100
Standing Committees
Executive
Finance
Nominating
Comments
Governance Comments by Organization Tha Art Center's board has stablized over the past year. They have strategically added members who can bring their skills to the organization. There are now two attorneys, one of which is an estate attorney and can aid in establishing our planned giving and endowment. Other members have great experience in attracting donors and have good community connections. The board chair has made a great effort to engage the directors and focus them on the future and best interests of the organization.
Current Year Projections
Tax Year Start Month Oct
Tax Year Start Day 01
Tax Year Begins 2016
Tax Year End Month Sept
Tax Year End Day 30
Tax Year Ends 2017
Projected Revenue $717,366.00
Projected Expenses $710,376.00
Total Projected Revenue includes "in-kind" contributions/ donations Yes
Organization has Endowment No
Capital Campaign
Currently In a Capital Campaign No
Anticipate Campaign within 5 years? Yes
Campaign Purpose
Campaign Goal
Amount Raised To Date 0 as of 0
Financial Review
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201720162015
Foundation and
Corporation Contributions
$0$0$0
Government Contributions$56,354$0$0
Federal$0$0$0
State$0$0$0
Local$0$0$0
Unspecified$56,354$0$0
Individual Contributions$121,298$191,929$89,547
$0$0$0
$328,229$333,493$305,142
Investment Income, Net of Losses$2$2$4
Membership Dues$49,165$48,970$51,096
Special Events$15,337$9,362$38,869
Revenue In-Kind$5,453$49,305$18,849
Other$0$0$15,692
Expense Allocation
Fiscal Year201720162015
Program Expense$427,441$473,125$377,952
Administration Expense$134,502$193,281$158,077
Fundraising Expense$29,671$30,233$27,139
Payments to Affiliates$0$0$0
Total Revenue/Total Expenses0.960.910.92
Program Expense/Total Expenses72%68%67%
Fundraising Expense/Contributed Revenue15%15%21%
Assets and Liabilities
Fiscal Year201720162015
Total Assets$1,925,937$2,104,197$2,186,791
Current Assets$173,006$205,607$126,761
Long-Term Liabilities$0$0$0
Current Liabilities$50,015$72,862$91,878
Total Net Assets$1,875,922$2,031,335$2,094,913
Top Funding Sources
Fiscal Year201720162015
Top Funding Source & Dollar AmountArt Education Classes $264,545Art Education $223,402Art Education Classes $245,490
Second Highest Funding Source & Dollar AmountContributions, gifts, grants $121,298Contributions, gifts, grants $191,929Contributions, gifts, grants $89,547
Third Highest Funding Source & Dollar AmountGovernment Grants - Unspecified $56,354Gallery & Exhibit Income $69,071Membership Dues $51,096
CEO/Executive Director Compensation $50,001 - $75,000
Solvency
Short Term Solvency
Fiscal Year201720162015
Current Ratio: Current Assets/Current Liabilities3.462.821.38
Long Term Solvency
Fiscal Year201720162015
Long-Term Liabilities/Total Assets0%0%0%
Financials Comments
Financial Comments by Foundation Foundations and corporations are included with individual contributions as they are not separated in the 990 or audit.  Financial figures taken from 990 and financial review.  Unable to reconcile revenue and expense for 2009 and 2010 as 990-EZ was filed.  For 2011, Schedule D Parts XII and XIII of the 990 were not completed. The value of in-kind contributions is included in income on the Federal tax return.  The value of in-kind contributions is included in revenue in the financial review.  Financial information for 2016 taken solely from the financial review as the Federal tax return was not available at time of review.
Nonprofit Art Center Sarasota
Address 707 N Tamiami Trail
Sarasota, FL 34236
Phone 941 365-2032

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