ARTS CENTER

EIN: 510198497 501(c)(3) Arts, Culture & Humanities

CARRBORO, NC

Total Revenue
$1,348,984
Total Expenses
$2,103,130
Total Assets
$8,359,794
Net Assets
$3,155,820
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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
NC
Principal Officer
WENDY SMITH
Phone
9199292787
Tax Period
2024-01-01 to 2024-12-31

ARTS CENTER, founded in 1975, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $2.1M exceeded revenue, resulting in a 56% operating deficit.

Mission

THE ARTSCENTER EXISTS IN ORDER TO EDUCATE AND INSPIRE ARTISTIC CREATIVITY AND TO ENRICH THE LIVES OF PEOPLE OF ALL AGES.

Program Service Accomplishments

Program 1
Expenses: $445,787 Revenue: $596,422

THE ARTSCENTER'S YOUTH PROGRAM IS PARAMOUNT TO THE MISSION SINCE NEARLY HALF OF THE ARTSCENTER'S PATRONS ARE UNDER AGE 18. FOR OVER FORTY YEARS, ARTSCAMP HAS OFFERED WEEK-LONG SUMMER CAMP SESSIONS...

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THE ARTSCENTER'S YOUTH PROGRAM IS PARAMOUNT TO THE MISSION SINCE NEARLY HALF OF THE ARTSCENTER'S PATRONS ARE UNDER AGE 18. FOR OVER FORTY YEARS, ARTSCAMP HAS OFFERED WEEK-LONG SUMMER CAMP SESSIONS FOR GRADES K-9, ALL TAUGHT BY LOCAL PROFESSIONAL TEACHING ARTISTS. OVER THESE NINE SUMMER WEEKS, AREA YOUTH EXPLORE OVER 150 ARTS EDUCATION CLASSES. CAMPS FOCUS ON SKILL DEVELOPMENT AND DISCOVERING CREATIVE VOICES. IN SUMMER 2024, ARTSCAMP AWARDED 29 ONE-WEEK SCHOLARSHIPS AND SERVED 1,287 CHILDREN. SESSIONS INCLUDED THE ARTFUL SCIENTIST AND UNDER THE SEA CERAMICS FOR GRADES K-2, ELECTRONIC MUSIC PRODUCTION AND ARTICULATED POPUP PORTRAITS FOR GRADES 3-5, AND INTRODUCTION TO 3D PRINTING AND CLOTHING DESIGN & CONSTRUCTION FOR GRADES 6-9.YOUTH AFTERSCHOOL PROVIDES ARTS ENRICHMENT AND SOCIAL EMOTIONAL SUPPORT DURING CRITICAL AFTERSCHOOL HOURS FOR CHAPEL HILL-CARRBORO YOUTH GRADES K-5. STUDENTS LEARN A VARIETY OF ARTISTIC STYLES, EXPLORE CULTURAL DIVERSITY, DELVE INTO SOCIAL JUSTICE ISSUES, AND DEVELOP SOCIAL SKILLS BY WORKING IN PEER GROUPS. STUDENTS PARTICIPATE IN NEW ART CLASSES EACH MONTH EXPLORING TECHNIQUES SUCH AS MIXED MEDIA, PRINTING & DYING, AND ART LESSONS INSPIRED BY THE MASTERS. IN 2024, NINETY-NINE STUDENTS ATTENDED AFTERSCHOOL FOR EITHER A FULL FIVE-DAY WEEK OR A THREE-DAY WEEK. YOUTH AFTERSCHOOL OFFERS AT LEAST 9 FULL-TIME SCHOLARSHIPS EACH YEAR.

Program 2
Expenses: $776,269 Revenue: $455,162

ARTSCHOOL SERVES AS THE LARGEST RESOURCE IN ORANGE COUNTY FOR LEARNERS OF ALL AGES TO EXPLORE THEIR ARTISTIC CAPACITY AND CREATIVITY. SESSIONS ARE OFFERED QUARTERLY THROUGHOUT THE YEAR AT VARIOUS...

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ARTSCHOOL SERVES AS THE LARGEST RESOURCE IN ORANGE COUNTY FOR LEARNERS OF ALL AGES TO EXPLORE THEIR ARTISTIC CAPACITY AND CREATIVITY. SESSIONS ARE OFFERED QUARTERLY THROUGHOUT THE YEAR AT VARIOUS SKILL LEVELS IN AREAS SUCH AS PAINTING, DIGITAL ARTS, WRITING, CERAMICS, IMPROV, FIBER ARTS, DANCE, 3D PRINTING, LASER CUTTING, PHOTOGRAPHY AND MORE. THROUGH THIS PROGRAM, LOCAL PROFESSIONAL TEACHING ARTISTS ENCOURAGE EMERGING ARTISTS AND INCREASE COMMUNITY APPRECIATION OF THE ARTS. IN 2024, ARTSCHOOL OFFERED 321 CLASSES SERVING RESIDENTS OF THE GREATER TRIANGLE AREA INCLUDING DURHAM, HILLSBOROUGH, PITTSBORO, APEX, MEBANE, AND RALEIGH. PROGRAM PARTICIPANTS LEARN NEW SKILLS WHILE ALSO DEVELOPING FULLER AND MORE EMPATHETIC PERSPECTIVES ON OTHER CULTURES AND VIEWPOINTS. THESE EXPERIENCES CREATE A SENSE OF COMMUNITY THAT IS HEALTHY, VIBRANT AND EQUITABLE.

Program 3
Expenses: $260,128 Revenue: $49,791

THE PERFORMANCES PROGRAM AIMS TO CREATE AN INSPIRING THEATER EXPERIENCE TO BOTH ARTISTS AND PATRONS. PERFORMANCES AND EVENTS ARE CURATED TO FOCUS ON LOCAL TALENT WHO BRING MUSIC, IMPROV, PUPPETRY...

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THE PERFORMANCES PROGRAM AIMS TO CREATE AN INSPIRING THEATER EXPERIENCE TO BOTH ARTISTS AND PATRONS. PERFORMANCES AND EVENTS ARE CURATED TO FOCUS ON LOCAL TALENT WHO BRING MUSIC, IMPROV, PUPPETRY, THEATER AND DANCE TO THE ARTSCENTER'S STAGE. 2024 WAS THE FIRST FULL YEAR FOR PERFORMANCES IN THE ARTSCENTER'S NEW HOME; THE NEW SPACE OFFERS FLEXIBLE SEATING AND UPDATED TECHNICAL EQUIPMENT. THE PERFORMANCE SPACE IS ALSO RENTED TO OUTSIDE ORGANIZATIONS SUCH AS DEPARTMENTS AT UNC-CH AND OTHER NONPROFIT PARTNERS. INDIVIDUALS MAY RENT THE SPACE FOR PRIVATE EVENTS SUCH AS PARTIES, WEDDINGS, AND END-OF-LIFE CELEBRATIONS.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $553,764
Program Service Revenue $1,101,375
Investment Income $-443,942
Other Revenue $137,787
TOTAL REVENUE $1,348,984

Expense Breakdown

Grants Paid $48,220
Salaries & Benefits $769,463
Fundraising Expenses $198,311
Program Expenses $1,707,747
Other Expenses $1,285,447
TOTAL EXPENSES $2,103,130

Year-over-Year Comparison

2024 2023 Change
Revenue $1,348,984 $2,615,380 -0.5%
Expenses $2,103,130 $2,251,068 -0.1%
Net Income $-754,146 $364,312 -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
13
Independent Members
13
Employees
26
Volunteers
83

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
5
$102,791
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACKIE TANNER VICE CHAIR 3.00
Officer Director
$0 $0 $0
BECKY WOODRUFF BOARD MEMBER 3.00
Director
$0 $0 $0
HATHAWAY PENDERGRASS TREASURER 3.00
Officer Director
$0 $0 $0
ELLEN MEDEARIS BOARD MEMBER 3.00
Director
$0 $0 $0
MICHELLE BOLAS BOARD MEMBER 3.00
Director
$0 $0 $0
RIZA JENKINS BOARD MEMBER 3.00
Director
$0 $0 $0
EMILY EVENS SECRETARY 3.00
Officer Director
$0 $0 $0
KAMAL JAMES BOARD MEMBER 3.00
Director
$0 $0 $0
HELEN KALISHER BOARD MEMBER 3.00
Director
$0 $0 $0
REBECCA MOORE BOARD MEMBER 3.00
Director
$0 $0 $0
JOHANNA FOSTER BOARD CHAIR 3.00
Officer Director
$0 $0 $0
MARK KLEINSCHMIDT BOARD MEMBER 3.00
Director
$0 $0 $0
BERNADETTE PELISSIER BOARD MEMBER 3.00
Director
$0 $0 $0
WENDY SMITH EXECUTIVE DIRECTOR 40.00
Officer
$99,797 $2,994 $102,791
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 $1,348,984 $2,103,130 $8,359,794 $-754,146
2023 $2,615,380 $2,251,068 $9,803,962 $364,312
2022 $1,703,960 $1,472,287 $8,701,912 $231,673
2021 $2,004,986 $950,771 $5,087,737 $1,054,215
2020 $1,104,971 $842,700 $3,734,492 $262,271
2019 $3,434,143 $1,491,795 $3,405,011 $1,942,348
2019 $3,434,143 $1,491,795 $3,405,011 $1,942,348
2018 $1,682,227 $1,502,764 $920,117 $179,463
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