2024-08-15T14:18:57-05:00 2023-09-30 141918990 TEMPLETON & COMPANY LLP 201 EAST LAS OLAS BLVD STE 1650 FORT LAUDERDALE FL 33301 990 2022-10-01 592015691 THE ARTS COUNCIL INC ARTS 7722876676 80 EAST OCEAN BLVD STUART FL 34994 NANCY TURRELL EXECUTIVE DIRECTOR 7722876676 2024-08-15 1 1 WALT MAXWELL P00186333 9543330001 2022 2024-08-08 14:25:15Z NANCY TURRELL 80 EAST OCEAN BLVD STUART FL 34994 420800 0 X MARTINARTS.ORG X 1980 FL TO INSPIRE PARTICIPATION AND PASSION FOR THE ARTS OF MARTIN COUNTY, FLORIDA. KEY PROGRAMS INCLUDE THE COURT HOUSE CULTURAL CENTER GALLERY AND EDUCATIONAL ARTS PROGRAMS. 5 5 8 100 0 0 322658 408644 0 3285 -10632 4083 13285 4788 325311 420800 0 0 0 0 252691 265551 0 0 70554 109591 120158 362282 385709 -36971 35091 137744 134164 59219 24805 78525 109359 TO INSPIRE PARTICIPATION AND PASSION FOR THE ARTS OF MARTIN COUNTY, FLORIDA. KEY PROGRAMS INCLUDE THE COURT HOUSE CULTURAL CENTER GALLERY AND EDUCATIONAL ARTS PROGRAMS. 0 0 238288 8073 THE PROMOTION OF THE ARTS IN MARTIN COUNTY, FLORIDA AS THE LOCAL ARTS AGENCY FOR THE COMMUNITY; PROVIDING THE COURT HOUSE CULTURAL CENTER GALLERY AND RELATED EDUCATIONAL PROGRAMS. 238288 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 8 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X NANCY TURRELL 7722876676 80 EAST OCEAN BLVD STUART FL 34994 GABRIELLA FERRARO CHAIR 1.00 X X 0 0 0 NICKI VAN VONNO SECRETARY 1.00 X X 0 0 0 KAREN BARNES TREASURER 1.00 X X 0 0 0 KENNETH HOOPER-CAPOZZI DIRECTOR 1.00 X X 0 0 0 SHERYL LEVINE DIRECTOR 1.00 X X 0 0 0 NANCY TURRELL EXECUTIVE DIRECTOR 40.00 X 67533 0 0 67533 0 0 0 0 0 0 0 22516 39000 347128 30528 408644 EVENTS 900099 3285 3285 3285 4083 4083 COMMISSION INCOME 900099 3108 3108 JURY ART SHOW 900099 1480 1480 RENTAL 900099 200 200 4788 420800 8073 0 4083 79274 42807 18234 18233 151258 81677 34791 34790 4861 2625 1118 1118 13629 7359 3135 3135 16529 8925 3802 3802 3361 1681 840 840 18093 18093 6655 4725 999 931 3527 1765 1762 11448 5724 2862 2862 1149 1149 894 894 4115 4115 7169 4301 1434 1434 IN-KIND SUPPORT 30528 30528 ARTIST FEES, SUPPLIES, 23430 23430 DUES AND SUBSCRIPTIONS 5207 1736 1736 1735 REPAIRS AND MAINTENANCE 2468 1234 617 617 2114 529 528 1057 385709 238288 76867 70554 14304 15774 4162 3004 116800 110467 14705 6333 104573 109053 137744 134164 19854 24805 39365 59219 24805 X 28525 59359 50000 50000 78525 109359 137744 134164 35091 -4257 0 X 0 0 0 X 512908 286768 321162 325311 420800 1866949 512908 286768 321162 325311 420800 1866949 1866949 1866949 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 74870 -13467 61403 84710 -9840 74870 68604 16106 84710 65096 3508 68604 56265 8831 65096 1 0 74059 74059 0 42741 36408 6333 6333 FINE ARTS COLLECTION 34600 BENEFICAL INTEREST IN ASSET HELD BY COMMUNITY FOUNDATION 61403 DUE FROM ARTS FOUNDATION 13050 109053 X PART III, LINE 1A: NO REVENUE. PART III, LINE 4: THE ARTS COUNCIL, INC HAS FINE ARTS THAT WERE DONATED DURING THE 2016 YEAR IN THE AMOUNT OF $34,600. PART V, LINE 4: THE ARTS COUNCIL, INC HAS A BENEFICIAL INTEREST IN ASSETS HELD BY THE COMMUNITY FOUNDATION. PART X, LINE 2: THE ORGANIZATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE COMBINED FINANCIAL STATEMENTS. THE ORGANIZATION IS REQUIRED TO OPERATE IN CONFORMITY WITH THE PROVISIONS OF THE IRC TO MAINTAIN ITS EXEMPT STATUS. MANAGEMENT ANALYZES TAX POSITIONS IN JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS. BASED ON ITS EVALUATION, MANAGEMENT DID NOT IDENTIFY ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE. INTEREST AND PENALTIES ATTRIBUTABLE TO INCOME TAXES, IF ANY, ARE INCLUDED IN OPERATING EXPENSES. NO SUCH INTEREST OR PENALTIES WERE RECORDED FOR THE YEARS 2023 OR 2022. THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR FISCAL YEARS PRIOR TO 2020. X 1 21600 X DESIGN SERVICES 1 4562 FAIR MARKET VALUE X ART SUPPLIES 8 4366 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS RECEIVE PRIORITY TREATMENT FOR COMING TO EVENTS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERSHIP APPROVES CERTAIN ACTIONS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS THE FORM 990 BEFORE FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE POTENIAL CONFLICTS OF INTEREST AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION OF ALL EMPLOYEES BASED ON A COMPREHENSIVE REVIEW OF THE LOCAL EMPLOYMENT ENVIRONMENT FOR COMPARABLE EMPLOYEES. THE BOARD REVIEWS AND APPROVES COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2A: SPECIAL CONSIDERATION - UNREVIEWED FINANCIAL INFORMATION: THE FINANCIAL INFORMATION USED TO PREPARE THIS FORM 990 AND ACCOMPANYING SCHEDULES WAS UNREVIEWED AT THE TIME OF FILING. AS SUCH, THERE MAY BE MATERIAL DIFFERENCES BETWEEN THE FINANCIAL INFORMATION CONTAINED HEREIN AND THAT WHICH WILL BE REPORTED WHEN THE REVIEWED FINANCIAL STATEMENTS ARE ISSUED. THE ARTS FOUNDATION FOR MARTIN COUNTY INC 80 EAST OCEAN BLVD STUART FL 34994 650819846 FUNDRAISING AFFILIATE FL 501(C)(3) LINE 10 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THE ARTS FOUNDATION FOR MARTIN COUNTY INC C 123500 CASH