ART OPPORTUNITIES INC

EIN: 311665900 501(c)(3) Arts, Culture & Humanities

Cincinnati, OH

Total Revenue
$5,641,121
Total Expenses
$3,658,780
Total Assets
$8,926,265
Net Assets
$6,919,709
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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
OH
Principal Officer
Colleen Houston
Phone
5133333602
Tax Period
2024-01-01 to 2024-12-31

ART OPPORTUNITIES INC, founded in 1996, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.6M in total revenue in fiscal year 2024. The organization ran a surplus of $2.0M, a strong 35% operating margin.

Mission

To create community driven public art and launch careers for youth and artists.

Program Service Accomplishments

Program 1
Expenses: $1,702,391 Revenue: $1,504,311

Apprenticeship Program: ArtWorks Apprentices are teen and young adult seasonal employees, who work side-by-side and learn from professional Artists and peers while creating public art and community...

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Apprenticeship Program: ArtWorks Apprentices are teen and young adult seasonal employees, who work side-by-side and learn from professional Artists and peers while creating public art and community impact projects. This program is for artists ages 14 - 21. Public Art Services & Community Engagement: ArtWorks facilitates public art commissions, calls-to-artists, and more, to create high quality art outcomes that the community can benefit from for decades. ArtWorks often invests in centering the vision of residents and neighborhood leaders. Community engagement comes in many forms, from attending Community Council meetings, getting design input from residents, activating public spaces with art-making activities, and more, always with the goal of creating artworks that are responsive to community histories and current needs. 386 employed professional, teen and young adult artists and arts administrators, and contracted creatives 203 teen and young adult participants (Apprentices, Studio Artists, Gallery Fellows) 47,502 hours of artistic mentorship 8,302 hours of professional development/career training 54 community partnerships 281 works of art created in communities and in the V2 gallery 38 large-scale murals and public art projects 11 neighborhoods directly invested in through public art 316 residents and visitors to the region who attended ArtWorks mural tours 24M residents and visitors who had the chance to experience ArtWorks murals

Program 2
Expenses: $57,458 Revenue: $49,718

Gallery Fellowship Program: The Gallery Fellowship Program is a transformative, free educational experience for aspiring young artists to learn methods for making, showing, and selling their artwork...

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Gallery Fellowship Program: The Gallery Fellowship Program is a transformative, free educational experience for aspiring young artists to learn methods for making, showing, and selling their artwork from Artists-in-Residence. Participants display their work in public exhibitions, with 90% of sales going directly to the artists themselves. This program is for artists ages 16 - 24.

Program 3
Expenses: $503,260 Revenue: $504,748

Creative Services Studio Program: The Creative Services Studio Program provides teen and young adults with consistent employment for an entire year. ArtWorks Studio programs offer an unmatched...

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Creative Services Studio Program: The Creative Services Studio Program provides teen and young adults with consistent employment for an entire year. ArtWorks Studio programs offer an unmatched experience for emerging artists to gain a unique skill set in artistic production, administration, and project management related to the studio concentration. This program is for artists ages 18 - 24.

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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 $5,018,470
Program Service Revenue $492,838
Investment Income $70,048
Other Revenue $59,765
TOTAL REVENUE $5,641,121

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,201,963
Fundraising Expenses $1,049,721
Program Expenses $2,263,109
Other Expenses $1,456,817
TOTAL EXPENSES $3,658,780

Year-over-Year Comparison

2024 2023 Change
Revenue $5,641,121 $5,712,128 0.0%
Expenses $3,658,780 $3,665,149 0.0%
Net Income $1,982,341 $2,046,979 0.0%
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
25
Independent Members
25
Employees
118
Volunteers
48

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
1
$174,957
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Colleen Houston CE0 & Artistic Director 45
Officer
$174,957 $0 $174,957
Kathryn Gardette Trustee 1
Director
$0 $0 $0
Ron Bates Trustee 2
Director
$0 $0 $0
Ric Booth Board Treasurer 2
Director
$0 $0 $0
Rocco D'Ascenzo Trustee 1
Director
$0 $0 $0
Agnes Godwin-Hall Secretary 2
Director
$0 $0 $0
Mike Hoeting Trustee 1
Director
$0 $0 $0
Gee Horton Trustee 1
Director
$0 $0 $0
Barbara Hauser Trustee 1
Director
$0 $0 $0
Pam Kravetz Trustee 1
Director
$0 $0 $0
Michael DiMaggio Trustee 1
Director
$0 $0 $0
Rahiel Michael Trustee 1
Director
$0 $0 $0
Mark Randy Smith Trustee 1
Director
$0 $0 $0
Paula Boggs Muething Trustee 1
Director
$0 $0 $0
Kelly Brandstetter Tracy Trustee 1
Director
$0 $0 $0
Joe Muraca Trustee 2
Director
$0 $0 $0
Lisa Saia Vice President 3
Director
$0 $0 $0
Mark Mallory Trustee 1
Director
$0 $0 $0
Lauren Hannan-Shafer Former Board President 2
Director
$0 $0 $0
Laura Humphrey President 3
Director
$0 $0 $0
Ron Nebel Houck Trustee 1
Director
$0 $0 $0
Jens Rosenkrantz Jr Trustee 2
Director
$0 $0 $0
Emily Palmer Wolff Trustee 1
Director
$0 $0 $0
Tyra Patterson Trustee 1
Director
$0 $0 $0
Connie Ross Trustee 1
Director
$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 $5,641,121 $3,658,780 $8,926,265 $1,982,341
2023 $5,712,128 $3,665,149 $7,281,468 $2,046,979
2022 $3,862,032 $2,614,683 $5,387,735 $1,247,349
2021 $2,614,332 $2,248,434 $2,054,110 $365,898
2020 $1,963,249 $1,765,888 $1,303,328 $197,361
2019 $2,599,341 $2,265,261 $1,087,426 $334,080
2018 $2,300,738 $2,482,278 $728,497 $-181,540
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