Fine Arts Society of Sarasota Inc
PO BOX 1432
SARASOTA FL 34230-1432
Mission
The Fine Arts Society of Sarasota is dedicated to supporting and stimulating the arts in Sarasota County. To encourage a greater understanding of the arts: Painting, Sculpture, Literature, Theater, Music, Dance, Architecture and all other branches of the fine arts. To establish a permanent collection of qualified works of Florida artists, which will be placed on public exhibition for the enjoyment of Sarasota residents and visitors. To provide scholarships for talented and qualified residents of Sarasota County in the field of fine art.  To provide grants to local organizations that are congruent with the Fine Arts Society mission.
Leadership
CEO/Executive Director No Executive Director
Board Chair Ms. Vern Livingston-Weitz
Board Chair Affiliation Community Volunteer
General Info
Organization DBA
DBA
0
0
Tax Exempt Status Public Supported Charity
Incorporation Year 1969
Awarded competitive grant from Community Foundation in the last 5 years? No
State Charitable Solicitations Permit Yes Dec 2017
State Registration 0
Financial Summary
 
 
Projected Revenue $144,565.00
Projected Expenses $138,415.00
IRS Letter of Determination
IRS Letter of DeterminationView
Impact Statement
Fine Arts Society hosted the Creator and Collectors tour (our major fundraiser), to support our scholarship, awards, and art acquisition programs.  Over 1600 attendees toured artist studios and Galleria Artists. Our annual Celebrate the Arts fundraiser held in December recognized Sarasota Opera Artistic Director and principal Conductor Maestro Victor DeRenzi with the Fine Arts Luminaire Award which recognizes a creative, educationally inspiring and philanthropic Sarasotan. In May 2016 we awarded $58,500 for scholarships to 16students. We also awarded financial grants to many community organizations. Our Fine Arts Docent team gave art tours of the fine arts art collection displayed in the Van Wezel. The tours are given as part of the Art and Backstage tours and are held from October to May.
Needs Statement
Financial Services. $6000 needed for Accounting , and $800 for Educational Programs
Background Statement
The Fine Arts Society of Sarasota was organized and chartered in 1969 to promote and stimulate appreciation of the arts. Our mission is demonstrated in many avenues. Our Creators and Collectors tour features exciting up close artist studio tours that gives visitors the ability to interact with working artists, and enjoy many styles of artistic expression.

Our art collection consists of a variety of fifty-one art forms is displayed in the Van Wezel Halls and represents the history of Sarasota area Florida art from 1935 to the present.

We honor outstanding individuals who demonstrate outstanding leadership to the Sarasota community at our annual Celebrate the Arts luncheon.

Each year we award financial scholarships to Sarasota County art students. To date we have given $850,560 in grants, awards and scholarships!
Areas Served
Areas Served
Area
FL- Charlotte
FL- Manatee
FL- Sarasota
Service Categories
Primary Org Type Arts,Culture & Humanities
Secondary Org Type Public & Societal Benefit
Tertiary Org Type Arts,Culture & Humanities
Statement from the Board Chair/Board President
I am proud of the Fine Arts Society!  The common thread that binds us is a strong commitment to support the arts and art community of Sarasota County.
We demonstrate our mission by raising our funds in two art centered events to support local organizations with financial grants, exhibit fifty one pieces of our art collection in the Van Wezel Performing Arts Hall, award scholarships to qualified art students in all branches of the arts, and provide membership participation and study in all related events and projects.
My personal joy this spring was the pride and happy faces of our members when we awarded over $58,500 to 16 worthy art students at our May Scholarship luncheon.
Since our inception in 1969, we have given over $900,000 in awards, grants, and scholarships!
Programs
Description This program encourages a greater understanding of the arts, and attracts over 1,600 visitors annually.  We have offered this tour for over 43 years!  An absolute MUST for all.  This is a self-guided studio art tour, where you can talk with the artists and get wonderful insight on Florida art.  This offers education into the different forms of art such as potters, painters, jewelry makers (who also make lovely items for some of the finest department stores), glass blowers, etc. 
Budget $32,960
Category Arts, Culture & Humanities, General/Other General Arts Education
Program Linked to Organizational Strategy Yes
Population Served General/Unspecified General/Unspecified US& International
Short Term Success Increased interest in the arts, substantiated from the growing numbers of visitors who participate. Since the program was founded, over $40,000 in scholarships have been given to students in need.
Long Term Success Increased interest in the arts, substantiated from the growing numbers of visitors who participate.  Since the program was founded, over $800,000 in scholarships have been given to students in need. 
Program Success Monitoring Increased ticket sales and art purchases reflect the success of this program.
Program Success Examples Our program draws numerous visitors each year, many of whom return year after year! Here are a few testimonials: 

"After participating in the tour, I became a huge devotee to C&C and plan my travel from Pennsylvania each year because it is just so interesting to see the creativity and variety of the artists!
~ Ann
"Thank you for telling me about the art tour. Three of us went on the tour,
and we loved having the opportunity to talk to the artists! We won't miss it next year!"
~Betty
CEO/Executive Director
CEO/Executive Director No Executive Director
CEO Term Start 0
CEO/Executive Director Email n/a
Former CEOs/Executive Directors
NameTerm
Senior Staff
NameTitle
Staff & Volunteer Statistics
Full Time Staff 0
Part Time Staff 0
Staff Retention Rate % N/A
Professional Development No
Contractors 0
Volunteers 212
Management Reports to Board N/A
CEO/Executive Director Formal Evaluation N/A
Senior Management Formal Evaluation N/A
Non-Management Formal Evaluation N/A
Collaborations
Since the inception in 1969 of the Fine Arts Society and the Van Wezel, we have exhibited a permanent display of Florida based art at the Van Wezel Performing Arts Hall. The collection has grown to 51 works, several of national importance. The collection represents the Histor of Art in Sarasota. Fine Arts docents collaborate with Van Wezel docents to conduct Art and Backstage tours from Oct. to May for visitors.
The Society uses the Ula Searing building of Ringling College of Art and Design exhibit space each year during the week of March Spring Break for our Creators and Collectors Galleria artist's tour. The spacious hall accommodates 13 area artists, and includes the RCAD Madeby student artists.
Affiliations
AffiliationYear
Arts & Cultural Alliance of Sarasota2013
External Assessments and Accreditations
Assessment/AccreditationYear
Risk Management Provisions
Directors and Officers Policy
Government Licenses
Organization Licensed by the Government No
Plans
Fundraising Plan No
Communication Plan No
Strategic Plan No
Strategic Plan Years
Strategic Plan Adopted 0
Management Succession Plan No
Continuity of Operations Plan No
Policies
Nondiscrimination Policy No
Whistle Blower Policy No
Document Destruction Policy No
Directors and Officers Insurance Policy No
Policies and Procedures Yes
Board Chair
Board Chair Ms. Vern Livingston-Weitz
Company Affiliation Community Volunteer
Board Term May 2017 to Apr 2018
Board Chair Email
Board Members
Board Members
NameAffiliation
Alice Allen Community Volunteer
Susan Andrae Community Volunteer
Nancy Andrews Community Volunteer
Martha Ballard Community Volunteer
Barbara Blackburn Community Volunteer
Kristine Bundrant Community volunteer
Ms. Linda Burke Community Volunteer
Carole Crosby Community Volunterr
Marsha Eisenberg Community Volunteer
Kathy Elias Community Volunteer
Judy Fiala Community Volunterr
Kathleen France Community Volunteer
Anne Jones Community volunteer
Penny Mathews Community Volunteer
Donna Maythem Community Volunteer
Ms. Patricia Ondrick Community Volunteer
Patti Reskin Community Volunteer
Bobbye Schott Community Volunteer
Barbara Smith Community Volunteer
Ms Eleanor Stoddard Community Volunteer
Vern Weitz Community Volunteer
Suzanne Weitz Community Vlunteer
Ms Peggy Williams Community Volunteer
Constituency Includes Client Representation No
Board Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 23
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Gender
Male 0
Female 23
Unspecified 0
Governance
Board Term Lengths 1
Board Term Limits 2
Board Orientation Yes
Number of Full Board Meetings Annually 7
Board Meeting Attendance % 66
Board Self-Evaluation No
Written Board Selection Criteria No
Board Conflict of Interest Policy Yes
% of Board Making Monetary Contributions 100
% of Board Making In-Kind Contributions 100
Standing Committees
Audit, Compliance and Controls
Collections
Communications / Promotion / Publicity / Public Relations
Community Outreach / Community Relations
Education
Finance
Membership
Program / Program Planning
Scholarship
Special Events (Golf Tournament, Walk / Run, Silent Auction, Dinner / Gala)
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Human Resources / Personnel and Finance and Marketing and Nominating and By-laws
Nominating
Program / Program Planning
Fiscal Year Projections
Fiscal Year Begins 2016
Fiscal Year Ends 2017
Projected Revenue $144,565.00
Projected Expenses $138,415.00
Organization has Endowment No
Capital Campaign
Currently In a Capital Campaign No
Campaign Purpose
Campaign Goal
Campaign Dates 0 to 0
Amount Raised To Date 0 as of 0
Historical Financial Review
Expense Allocation
Fiscal Year201620152014
Program Expense$60,977$54,019$4,747
Administration Expense$10,234$24,995$21,886
Fundraising Expense$0$0$0
Payments to Affiliates$0$0$0
Total Revenue/Total Expenses1.141.102.71
Program Expense/Total Expenses86%68%18%
Fundraising Expense/Contributed Revenue0%0%0%
Assets and Liabilities
Fiscal Year201620152014
Total Assets$404,365$398,058$386,073
Current Assets$236,562$229,154$239,270
Long-Term Liabilities$0$0$0
Current Liabilities$63,004$55,398$51,023
Total Net Assets$341,361$342,660$335,050
Top Funding Sources
Fiscal Year201620152014
Top Funding Source & Dollar AmountFundraising $43,728Fundraising $46,571Fundraising $44,461
Second Highest Funding Source & Dollar AmountContributions, gifts, grants $26,169Contributions, gifts, grants $28,213Program Service Revenue $11,856
Third Highest Funding Source & Dollar AmountMembership Dues $11,002Membership Dues $11,830Membership Dues $11,168
CEO/Executive Director Compensation
Solvency
Short Term Solvency
Fiscal Year201620152014
Current Ratio: Current Assets/Current Liabilities3.754.144.69
Long Term Solvency
Fiscal Year201620152014
Long-Term Liabilities/Total Assets0%0%0%
Financials Comments
Financial Comments by Foundation Financial information taken from Federal Form 990-EZ. Tax returns and financial compilations reconcile. Contributions include foundation and corporate support. 
Nonprofit Fine Arts Society of Sarasota Inc
Address PO BOX 1432
SARASOTA , FL 34236 1432
Phone 941 330-0680

THE COMMUNITY FOUNDATION OF SARASOTA COUNTY, INC. IS A REGISTERED 501(C)(3) NON-PROFIT CORPORATION. A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE WITHIN THE STATE (1-800-HELP-FLA) OR FROM THE WEBSITE: WWW.FRESHFROMFLORIDA.COM. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE. ONE HUNDRED PERCENT (100%) OF EACH CONTRIBUTION IS RECEIVED BY THE COMMUNITY FOUNDATION OF SARASOTA COUNTY. REGISTRATION #SC-02471.