Venetian Arts Society Inc

EIN: 453123931 501(c)(3) Arts, Culture & Humanities

Fort Lauderdale, FL

Total Revenue
$200,256
Total Expenses
$197,172
Total Assets
$4,970
Net Assets
$4,970
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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
FL
Principal Officer
William Riddle
Phone
9547097447
Tax Period
2024-01-01 to 2024-12-31

Venetian Arts Society Inc, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $200K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

GENVAS, Generation Venetian Arts Society, is committed to nurturing the emotional, mental, & spiritual well-being of all people through purposeful, thought provoking, & enlightening artistic experiences while simultaneously celebrating the multi-cultural and inter-generational diversity of the SFL community. Our collaborative projects are educational & social art experiences that promote intimate & interactive participation with the audience.

Program Service Accomplishments

Program 1
Expenses: $26,375 Revenue: $14,266

From South Florida, with Love! - (FSFWL) Our newest series was inspired by the United Nations Declaration of United Rights written in 1948 following the end of World War II. The document states that...

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From South Florida, with Love! - (FSFWL) Our newest series was inspired by the United Nations Declaration of United Rights written in 1948 following the end of World War II. The document states that all human beings are created equal in dignity & rights. This series debuted in 2024 & features Artists representing people from all communities who will share their experiences overcoming adversity & challenges and how those experiences impacted them personally & professionally. Our intent is for all the audience to be exposed to individuals they would not otherwise encounter and to highlight our South Florida as the international, sophisticated, diverse, & unified community that it is. In May of 2025, nine :120 -:195 second PSAs, an 18 minute compilation long reel, & nine episodes will be released to select digital platforms.

Program 2
Expenses: $110,593 Revenue: $0

South Florida Journeys - Developed in 2024, South Florida Journeys (SFJ) employs video storytelling to explore the people, places, & programs across all sectors that make our community dynamic. The...

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South Florida Journeys - Developed in 2024, South Florida Journeys (SFJ) employs video storytelling to explore the people, places, & programs across all sectors that make our community dynamic. The need for this programming is varied. Broward offers a quality lifestyle; promotes entrepreneurism & encourages economic development. Neighborhoods are diverse & locals are engaging w/ inspiring stories worth telling. Today, societal & governmental constructs, designed to offer safety nets & services, are being curtailed or eliminated creating stressors & fear. In 2024, the CDC reported 1 in 5 adults experienced symptoms of anxiety & depression. Deaths from drugs, alcohol, & suicide more than doubled between 2000 - 2017 & continue to rise. Environmental concerns challenge us & WLRN reported that more than 1.2M SFL people are facing food insecurity. Video storytelling provides a cost effective way to quickly spread good news, information, assistance, & hope. Our project provides collaborative opportunities between a large number of SFL corporations, individuals, institutions, & organizations. Each video focuses on a specific topic aimed at the general population or subsegments. Emphasis will be placed on including nonprofits with low annual budgets. A sister project to FSFWL, SFJ will go into production in 2025 & debut in 2026.

Program 3
Expenses: $0 Revenue: $0

PRIDE in Progress: Shaping Legacy...past, present, and future! (PIP) was created in 2024 and is an original festival debuting September 19 - 20, 2025 at three greater Fort Lauderdale venues. Funded...

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PRIDE in Progress: Shaping Legacy...past, present, and future! (PIP) was created in 2024 and is an original festival debuting September 19 - 20, 2025 at three greater Fort Lauderdale venues. Funded in part by Broward County Cultural Council, festival events focus on American LGBTQ history, the sanctity of same sex marriage and the beauty of all families regardless of their composition. Events include opening night reception with round table Q&A, a lecture & book reading and Saturday Salon concert. PIP represents our continued commitment to utilizing the arts to share powerful messages of love, hope, and acceptance for all human beings - regardless of their sex, race, creed, religious and/or sexual orientation. Video storytellingwill be used to document events & later share with the public. Programs showcase the contributions the LGBTQ community have made to American society. Performers, vendors & venues were selected for their commitment to the LGBTQ community and the program is open to all area tourists & residents interested in supporting and/or learning more about the challenges & triumphs faced by the LGBTQ community & the people who value them.

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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 $182,988
Program Service Revenue $17,268
Investment Income $0
Other Revenue $0
TOTAL REVENUE $200,256

Expense Breakdown

Grants Paid $0
Salaries & Benefits $34,846
Fundraising Expenses $0
Program Expenses $173,470
Other Expenses $162,326
TOTAL EXPENSES $197,172

Year-over-Year Comparison

2024 2023 Change
Revenue $200,256 $220,306 -0.1%
Expenses $197,172 $218,457 -0.1%
Net Income $3,084 $1,849 +0.7%
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
2
Independent Members
2
Employees
N/A
Volunteers
2

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
1
$14,400
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William Riddle Executive Director 40.00
Director
$14,400 $0 $14,400
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 $200,256 $197,172 $4,970 $3,084
2023 $220,306 $218,457 $1,886 $1,849
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