REDUX CONTEMPORARY ART CENTER

EIN: 020633345 501(c)(3) Arts, Culture & Humanities

CHARLESTON, SC

Total Revenue
$509,472
Total Expenses
$639,888
Total Assets
$223,491
Net Assets
$-15,773
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
SC
Principal Officer
FRANCIS M ERVIN II
Phone
8437220697
Tax Period
2024-01-01 to 2024-12-31

REDUX CONTEMPORARY ART CENTER, founded in 2002, is a small nonprofit in the Arts, Culture & Humanities sector that reported $509K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $640K exceeded revenue, resulting in a 26% operating deficit.

Mission

REDUX CONTEMPORARY ART CENTER IS COMMITTED TO FOSTERING CREATIVITY AND THE CULTIVATION OF CONTEMPORARY ART THROUGH DIVERSE EXHIBITIONS, AFFORDABLE STUDIO SPACE FOR VISUAL ARTISTS, MEANINGFUL EDUCATION AND OUTREACH PROGRAMS, AND A MULTIDISCIPLINARY APPROACH TO THE DIALOGUE BETWEEN ARTISTS AND THEIR AUDIENCES.

Program Service Accomplishments

Program 1
Expenses: $189,938

STUDIOS: REDUX IS HOME TO CHARLESTON'S MOST CREATIVE ARTISTS. EACH ARTIST AT REDUX CONCENTRATES ON DEVELOPING A PERSONAL ARTISTIC VISION. REDUX'S EXHIBITIONS AND RELATED PROGRAMS SERVE AS A RESOURCE...

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STUDIOS: REDUX IS HOME TO CHARLESTON'S MOST CREATIVE ARTISTS. EACH ARTIST AT REDUX CONCENTRATES ON DEVELOPING A PERSONAL ARTISTIC VISION. REDUX'S EXHIBITIONS AND RELATED PROGRAMS SERVE AS A RESOURCE WHERE STUDIO ARTISTS ARE REGULARLY EXPOSED TO VISITING ARTISTS, ARTIST LECTURES, AND MOST IMPORTANTLY, THE COMMUNITY CREATED WITH FELLOW STUDIO ARTISTS. THE REDUX STUDIO PROGRAM OFFERS EMERGING AND MID-CAREER ARTISTS 24-HOUR ACCESS TO PROFESSIONAL ARTIST STUDIOS. IN ADDITION TO THE PRIVATE ARTISTS STUDIOS, REDUX ALSO OFFERS 24-HOUR ACCESS TO PROFESSIONAL DARKROOM AND PRINT STUDIO FACILITIES. THE PRINTMAKING STUDIO AT REDUX OFFERS SPACE FOR SCREEN PRINTING, INTAGLIO, DRYPOINT, MONOTYPES AND LETTERPRESS. THE DARKRROM PROVIDES 4 ENLARGERS AND AMPLE SPACE TO USE A VARIETY OF TRADITIONAL BLACK AND WHITE PHOTOGRAPHY TECHNIQUES, PRE-MIXED CHEMSITRY, AND SMALL STORAGE SPACE FOR RENTERS.

Program 2
Expenses: $131,441

EDUCATION/OUTREACH: INTEGRAL TO REDUX'S MISSION IS TO EDUCATE OUR COMMUNITY ABOUT CURRENT PRACTICES IN ART THROUGH BOTH AN ACADEMIC AND HANDS ON APPROACH. REDUX OFFERS YEAR-ROUND ART CLASSES AND...

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EDUCATION/OUTREACH: INTEGRAL TO REDUX'S MISSION IS TO EDUCATE OUR COMMUNITY ABOUT CURRENT PRACTICES IN ART THROUGH BOTH AN ACADEMIC AND HANDS ON APPROACH. REDUX OFFERS YEAR-ROUND ART CLASSES AND WORKSHOPS TO THE PUBLIC FOR BOTH KIDS AND ADULTS. OVER 100 CLASSES AND WORKSHOPS ARE AVAILABLE THROUGHOUT THE YEAR COVERING A VARIETY OF TOPICS BOTH TRADITIONAL AND NON-TRADITIONAL. WE HAVE A CLASS FOR EVERYONE, WHETHER YOU ARE A BEGINNER OR MORE ADVANCED ARTIST LOOKING TO BROADEN AND ENHANCE YOUR TALENTS. OUR CLASSES ARE AFFORDABLE, FUN, CHALLENGING, AND TAUGHT BY TALENTED LOCAL QUALIFIED INSTRUCTORS. COURSES INCLUDE PAINTING, PHOTOGRAPHY, DRAWING, PRINTMAKING, ART HISTORY, AND MUCH MORE. ALL COURSES ARE TIMED TO FIT THE SCHEDULES OF WORKING PEOPLE AND ARE TAUGHT BY WORKING PROFESSIONAL ARTISTS. THROUGH OUR CLASSES, WORKSHOPS, AND STUDIO SPACE, WE PROVIDE THE GUIDANCE AND RESOURCES YOU NEED TO BRING YOUR CREATIVITY AND PASSION TO LIFE. REDUX'S OUTREACH PROGRAMS INTRODUCE UNDERSERVED CHILDREN, YOUTH, AND ADULTS TO THE ARTS. BY PARTNERING WITH OTHER ORGANIZATIONS THAT SERVE THE LOCAL COMMUNITY, WE CAN DRAMATICALLY INCREASE OUR IMPACT. BY SUPPORTING REDUX'S OUTREACH PROGRAMS, WE ARE ABLE TO PROVIDE THE INVALUABLE OPPORTUNITY FOR PARTICIPANTS TO DEVELOP SELF-CONFIDENCE, LEADERSHIP SKILLS, AND POSITIVE RELATIONSHIPS WITH PEERS AND SELF THROUGH VISUAL AND CREATIVE ARTS. BY DEVELOPING SKILLS, CREATING, AND TALKING WITH THEIR PEERS AND OUR TEACHING ARTISTS, PARTICIPANTS DEVELOP SELF-ASSURANCE AND INTEGRATE LANGUAGE INTO THEIR ART.

Program 3
Expenses: $16,149

EXHIBITIONS: REDUX IS THE PREMIER CONTEMPORARY ART VENUE IN SOUTH CAROLINA OFFERING OPPORTUNITIES FOR EMERGING TO ESTABLISHED VISUAL ARTISTS TO PARTICIPATE IN FIVE TO SIX-WEEK LONG EXHIBITIONS IN A...

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EXHIBITIONS: REDUX IS THE PREMIER CONTEMPORARY ART VENUE IN SOUTH CAROLINA OFFERING OPPORTUNITIES FOR EMERGING TO ESTABLISHED VISUAL ARTISTS TO PARTICIPATE IN FIVE TO SIX-WEEK LONG EXHIBITIONS IN A STATE-OF-THE-ART EXHIBITION SPACE LOCATED IN HISTORIC DOWNTOWN CHARLESTON. EIGHT EXHIBITIONS ARE HOSTED ANNUALLY TO ENCOURAGE THE INNOVATIVE COLLABORATION BETWEEN A BROAD RANGE OF ARTISTS, CURATORS, AND EDUCATIONAL AND CULTURAL ORGANIZATIONS, WHILE HIGHLIGHTING THE WORK AND IDEAS OF EMERGING ARTISTS BASED LOCALLY, NATIONALLY, AND INTERNATIONALLY. THROUGH UNIQUE AND ENGAGING FORMATS, AND RELATED EDUCATIONAL PROGRAMS, REDUX CONNECTS AND PROMOTES EMERGING, VISUAL ARTISTS IN THE ADVANCEMENT OF THEIR ARTISTIC PRACTICES AND CAREERS, WHILE INCREASING ACCESS TO AN UNDERSTANDING OF EMERGING CONTEMPORARY ART TO GROWING AUDIENCES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $154,350
Program Service Revenue $355,116
Investment Income $6
Other Revenue $0
TOTAL REVENUE $509,472

Expense Breakdown

Grants Paid $0
Salaries & Benefits $155,810
Fundraising Expenses $22,132
Program Expenses $446,650
Other Expenses $484,078
TOTAL EXPENSES $639,888

Year-over-Year Comparison

2024 2023 Change
Revenue $509,472 $711,175 -0.3%
Expenses $639,888 $649,116 0.0%
Net Income $-130,416 $62,059 -3.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
3
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID COUEY TREASURER N/A
Officer
$0 $0 $0
FRANCIS M ERVIN II PRESIDENT N/A
Officer
$0 $0 $0
CHRISTOPHER MORGAN VICE PRESIDE N/A
Officer
$0 $0 $0
JONATHAN OAKMAN SECRETARY N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $509,472 $639,888 $223,491 $-130,416
2023 $711,175 $649,116 $234,992 $62,059
2022 $621,540 $610,782 $209,240 $10,758
2022 $648,555 $612,030 $232,699 $36,525
2021 $634,292 $563,660 $234,181 $70,632
2020 $371,216 $364,605 $205,827 $6,611
2019 $569,005 $581,351 $221,169 $-12,346
2018 $494,899 $504,026 $268,840 $-9,127
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