2025-08-15T14:07:04-05:00 2024-09-30 141918990 TEMPLETON & COMPANY LLP 201 EAST LAS OLAS BLVD STE 1650 FORT LAUDERDALE FL 33301 990 2023-10-01 592015691 THE ARTS COUNCIL INC ARTS 7722876676 80 EAST OCEAN BLVD STUART FL 34994 NANCY TURRELL EXECUTIVE DIRECTOR 7722876676 2025-08-15 1 1 WALT MAXWELL P00186333 9543330001 2023 2025-03-06 01:10:19Z NANCY TURRELL 80 EAST OCEAN BLVD STUART FL 34994 403745 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 7 50 0 0 408644 370571 3285 9017 4083 9050 4788 9701 420800 398339 0 0 0 0 265551 265919 0 0 70158 120158 147820 385709 413739 35091 -15400 134164 132621 24805 38662 109359 93959 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 260995 20416 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. 260995 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 3 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X X NANCY TURRELL 7722876676 80 EAST OCEAN BLVD STUART FL 34994 NICKI VAN VONNO CHAIR 1.00 X X 0 0 0 KAREN BARNES TREASURER & VICE CHAIR 1.00 X X 0 0 0 NERISSA OKIYE SECRETARY 1.00 X X 0 0 0 SUZY HUTCHESON DIRECTOR 1.00 X 0 0 0 CHANDLER JOSIE DIRECTOR 1.00 X 0 0 0 NANCY TURRELL EXECUTIVE DIRECTOR 20.00 20.00 X 66018 0 0 66018 0 0 0 0 0 0 0 25172 13631 63997 109710 158061 28881 370571 EVENTS 900099 9017 9017 9017 9050 9050 3708 13631 5406 -1698 -1698 JURY ART SHOW 900099 7005 7005 COMMISSION INCOME 900099 2354 2354 RENTAL 900099 2040 2040 11399 398339 20416 0 7352 80048 43225 18412 18411 154269 83303 35483 35483 5344 2886 1229 1229 9240 4989 2126 2125 17018 9189 3914 3915 4745 2373 1186 1186 20990 20990 6598 5231 1105 262 3542 1771 1771 27378 16007 8004 3367 1022 1022 1145 1145 4257 4257 7485 4491 1497 1497 ARTIST FEES, SUPPLIES, 33208 33208 IN-KIND SUPPORT 28881 28881 DUES AND SUBSCRIPTIONS 4317 1439 1439 1439 PAYROLL PROCESSING FEES 2227 1203 512 512 2025 787 506 732 413739 260995 82586 70158 15774 15882 3004 3261 116800 114724 6333 2076 109053 111402 134164 132621 24805 38662 24805 38662 X 59359 43959 50000 50000 109359 93959 134164 132621 -15400 0 X X 1 X 0 1 0 X 286768 321162 325311 420800 370471 1724512 286768 321162 325311 420800 370471 1724512 1724512 9050 9050 11399 11399 1744961 9017 0.98830 1.00000 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: JURY ART SHOW - 2023 AMOUNT: $ 7,005. COMMISSION INCOME - 2023 AMOUNT: $ 2,354. ROOM RENTAL - 2023 AMOUNT: $ 2,040. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 61403 6850 68253 74870 -13467 61403 84710 -9840 74870 68604 16106 84710 65096 3508 68604 0.73257 0.26743 1 0 74059 74059 0 42741 40665 2076 2076 BENEFICIAL INTEREST IN ASSET HELD BY COMMUNITY FOUNDATION 68253 DUE FROM ARTS FOUNDATION 8008 DUE FROM CONGRUITY 541 FINE ARTS COLLECTION 34600 111402 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 2024 OR 2023. THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR FISCAL YEARS PRIOR TO 2021. HARVESTING THE ARTS 17339 13631 3708 5406 17339 13631 3708 5406 5406 -1698 X 1 21600 X ART SUPPLIES 5 5265 FAIR MARKET VALUE X ADVERTISING 1 2016 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS RECEIVE PRIORITY TREATMENT FOR COMING TO EVENTS. FORM 990, PART VI, SECTION A, LINE 7A 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 15A THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION OF THE EXECUTIVE DIRECTOR BASED UPON A COMPREHENSIVE REVIEW OF THE LOCAL EMPLOYMENT ENVIRONMENT FOR COMPARABLE PURPOSES. 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 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 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 63997 CASH