FLORENCE THOMAS ART SCHOOL INC

EIN: 451263531 501(c)(3) Education

West Jefferson, NC

Total Revenue
$212,590
Total Expenses
$223,586
Total Assets
$381,971
Net Assets
$363,095
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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NC
Principal Officer
Jesica Gerrald
Phone
3368463827
Tax Period
2025-01-01 to 2025-12-31

FLORENCE THOMAS ART SCHOOL INC, founded in 2008, is a small nonprofit in the Education sector that reported $213K in total revenue in fiscal year 2025.

Mission

To Provide instruction and exhibition of Fine arts and Heritage Arts

Program Service Accomplishments

Program 1
Expenses: $45,288 Revenue: $85,953

The Florence Art School Scheduled 85 Fine Art and Heritage Crafts workshops in 2025. There was professional instruction in a variety of media and techniques along with demonstrations and open studio...

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The Florence Art School Scheduled 85 Fine Art and Heritage Crafts workshops in 2025. There was professional instruction in a variety of media and techniques along with demonstrations and open studio availability for 521 adults.

Program 2
Expenses: $4,746 Revenue: $0

The Florence Art school provided 240 free art classes for Ashe County Senior and elderly residents through a grant from The Haven Foundation, Spark the Arts. Art classes were offered in four...

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The Florence Art school provided 240 free art classes for Ashe County Senior and elderly residents through a grant from The Haven Foundation, Spark the Arts. Art classes were offered in four different media to residents of Ashe County that were either residents of an assisted living facility or attendees of the senior center in our county.

Program 3
Expenses: $11,448 Revenue: $51,246

An average of 15 Florence Thomas paintings were on display at any one time. An average of 1500 works of art were exhibited throughout the year. There were 140 guest artists and approximately 5,500...

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An average of 15 Florence Thomas paintings were on display at any one time. An average of 1500 works of art were exhibited throughout the year. There were 140 guest artists and approximately 5,500 visitors came to the gallery during the year.

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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 (2025)

Revenue Breakdown

Contributions & Grants $74,216
Program Service Revenue $85,953
Investment Income $249
Other Revenue $52,172
TOTAL REVENUE $212,590

Expense Breakdown

Grants Paid $0
Salaries & Benefits $125,564
Fundraising Expenses $0
Program Expenses $66,770
Other Expenses $98,022
TOTAL EXPENSES $223,586

Year-over-Year Comparison

2025 2024 Change
Revenue $212,590 $207,763 +0.0%
Expenses $223,586 $203,298 +0.1%
Net Income $-10,996 $4,465 -3.5%
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
8
Independent Members
N/A
Employees
4
Volunteers
10

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
0
$0
Total Directors
6
$0
Key Employees
2
$34,376
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jessica Gerrald Operations Director 40
Highest
$54,000 $0 $54,000
Samantha Oleschuk Director of Community Engagement 40
$27,885 $0 $27,885
Leila Spriggs Operations Manager 20
Key Emp
$17,550 $0 $17,550
McCartney Piner Associate Director 40
Key Emp
$16,826 $0 $16,826
Lydia de la Cerda Treasurer 10
Director
$0 $0 $0
Bob Powell Director 5
Director
$0 $0 $0
Brenda Smith Vice President 10
Director
$0 $0 $0
Michael Howell President 15
Director
$0 $0 $0
Laurel Rumph Director 5
Director
$0 $0 $0
Tom Ingledue Director 5
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
2025 $212,590 $223,586 $381,971 $-10,996
2024 $207,763 $203,298 $430,720 $4,465
2021 $215,214 $169,642 $390,855 $45,572
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