AMERICAN COLLEGE OF THE BUILDING ARTS

EIN: 571075250 501(c)(3) Education

Charleston, SC

Total Revenue
$4,795,023
Total Expenses
$4,630,199
Total Assets
$13,597,402
Net Assets
$7,316,288
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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
SC
Principal Officer
Lt Gen Ret Colby M
Phone
8435775245
Tax Period
2024-08-01 to 2025-07-31

AMERICAN COLLEGE OF THE BUILDING ARTS, founded in 1999, is a community nonprofit in the Education sector that reported $4.8M in total revenue in fiscal year 2024. Expenses of $4.6M left a modest 3% surplus.

Mission

The American College of the Building Arts educates and trains artisans in the traditional building arts to foster exceptional craftsmanship and encourage the preservation, enrichment, and understanding of the world's architectural heritage through a liberal arts education.

Program Service Accomplishments

Program 1
Expenses: $4,106,033 Revenue: $3,327,284

The American College of the Building Arts (hereinafter "ACBA or "the College") educates and trains artisans in the traditional building arts to foster exceptional craftsmanship and encourage the...

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The American College of the Building Arts (hereinafter "ACBA or "the College") educates and trains artisans in the traditional building arts to foster exceptional craftsmanship and encourage the preservation, enrichment, and understanding of the world's architectural heritage through a liberal arts and sciences education. ACBA is a liberal arts & sciences institution is licensed to offer both Associate's (A. A. S.) and Bachelor's (B. A. S.) degrees. As a liberal arts & sciences institution, ACBA integrates general education and the craft specializations curricula, in order to produce the best educated and trained building artisans possible. The College seeks applicants who have a passion for the building arts, and have both the skill and academic background to succeed in the program. A diverse student body is sought from a national pool of candidates. The College is student-focused and provides a community in which the students can engage in creative and intellectual inquiry. In September 2018, ACBA earned national accreditation from the Accrediting Commission of Career Schools and Colleges. Vision of the College The American College of the Building Arts will be the leading resource in higher education dedicated to the innovative and continued practice, study and promotion of the Building Arts. To achieve ACBAs mission we will be governed by the following five strategic objectives: Life: Long-term success will be based upon the development of a committed and inspired community which is dedicated to fulfill the mission of the College. Achieve and Excel: Establish accredited academic programs that result in superior student competencies in a Liberal Arts and Building Arts major that affords our students a range of post-graduation options and offers exceptional opportunities for the Colleges broader constituents. Learning Objectives: Seek opportunities to create or establish successful educational learning outcomes. Outreach and Development of Educated Artisans: Inspire future students and supporters by encouraging and promoting the Building Arts in the United States and throughout the world. Resources: Identify, develop, and manage resources whether human, economic, or physical in order to meet the mission that ensures directed growth of the institution. College History American College of the Building Arts was founded in the aftermath of Hurricane Hugo, which struck the Southeastern coast of the United States in 1989. The devastating category four hurricane damaged or destroyed many historical coastal-Carolina buildings and left much of Charlestons iron, plaster and fine wood work in disrepair. It took ten years to rebuild and restore the citys damaged homes and historical buildings, in part, because of a shortage of skilled artisans. In 1999, in response to this gap in the building arts, a group of local movers and shakers planted the seeds that led to the founding of ACBA. Initially, classes and workshops that focused on the building arts were offered at a number of different Charleston area locations. However, the original educational model proved difficult to execute, and the college founders regrouped to establish a degree-granting college, integrating the American liberal arts degree model with the artisan teaching styles of Europe. In 2004, ACBA was licensed by the South Carolina Commission on Higher Education to recruit students for a Bachelor of Applied Science and an Associate of Applied Science in the building arts. In 2009 the college awarded its first degrees to seven students. During these same years, ACBA reconfigured its administration, hiring current president, Lt. Gen. (Ret.) Colby M. Broadwater III and other administrative team members with strong business experience. Campus History The first classes were offered at several different locations in and around the city of Charleston, including the Old Charleston District Jail, which became the colleges primary location for 17 years. Carpentry and forged architectural iron craft specializations were housed at a separate site. The Jail was originally constructed in 1802 and expanded in 1855 to include living quarters for the warden and jailers on the street side and an octagonal rear wing. Many infamous inmates were housed in the prison, including high seas pirates, the female mass murderer Lavinia Fischer and Denmark Vesey, a free African American who plotted a slave rebellion that was discovered before it could be executed. During the Civil War both Confederate and Union prisoners were incarcerated within its walls. Although it had no electricity or running water, the jail housed prisoners until it was decommissioned in 1939. During the years spent occupying and renovating the jail, the college viewed itself as caretaker of the building and its rich history. As part of ACBA's living learning laboratory, faculty members led students in assessing needs and proper methods of restoration, preservation and reconstruction. Having outgrown its existing facilities, ACBA launched a major fundraising effort in 2014 to establish a single, expanded campus that could consolidate the teaching of all trades under one roof. With a major donation from Parallel Capital and from Russell and Betty Joan Hitt, founders of Virginia-based HITT Contracting, early supporters of ACBA, the college raised funds to purchase and renovate the abandoned Charleston Trolley Barn on Upper Meeting Street. On May 7, 2015, 150 people attended the ground breaking ceremony. It took just over one year and approximately $6 million to build the new ACBA campus that was formally opened in October 2016. The newly repurposed building maintains the historical ethos of the original structure while providing the students with modern academic and workshop space. Approximately 39,000 square feet were carved out of the barns original 24,000 square foot footprint. The front third of the three-story building houses an exhibition lobby, administrative offices, classrooms, labs and a community room available to local civic groups. Workshops and trade classrooms are located in the back two-thirds of the building. A student lounge, faculty offices and conference spaces occupy the second floor. The third floor rafters house the computer lab and ACBAs unique library and its special collections. Program Offerings for Bachelor of Applied Science:Architectural CarpentryBlacksmithingClassical Architecture & DesignArchitectural StonecarvingPlasterTimber FramingProgram Offerings for Associate of Applied ScienceArchitectural StonecarvingBlacksmithingHeritage Masonry and StonecarvingPlasterworkFundamentals of Architectural Carpentry & Timber FramingGeneral Education Core CurriculumAs the only college in America that provides a four-year college-level degree combining training in the traditional trades with a liberal arts core curriculum, ACBA is unique. If you want to learn how to lay a brick or weld metal, there are a lot of good trade schools around the country where you can do that. An ACBA degree, however, teaches you much more. Here you will not only learn the skills of your craft, you will also acquire the broad liberal arts foundation that allows you to design, to be a leader in your field, to understand not only how to do something, but to think critically within the context, science and history of your craft, to manage a business, to communicate effectively with clients, and to market your skills. ACBA also offers an alternative to traditional trade apprenticeships by creating a curriculum for studying the building trades at the college level. Its core liberal arts courses are taught in a way that makes them applicable to the building trades. For example, rather than biology or astronomy, ACBA students study material science, the science of how building materials behave under such factors as rain, humidity, wind, stress, heat and cold. Business and leadership courses provide the basics of entrepreneurship. Art courses teach how to make your hand follow your brain's directives. Regardless of their craft specialization, ACBA students combine classroom instruction with group and individual work in the shop or studio during the school year and practice their skills in the real world during summer externships.ExternshipsExternships help students expand their skills and gain valuable real-world experience during their course of study. Past externship experiences have allowed students to repair windows in the Oval Office of the White House, study under master blacksmiths of Italy, and replicated garden follies at George Washington's Mount Vernon.Most externships last eight to 10 weeks and take place in June and July. Some students may receive compensation for their work, and all students gain valuable networking contacts as they prepare for their careers. Students seeking the A.A.S. degree must complete one externship.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,296,657
Program Service Revenue $3,318,642
Investment Income $169,468
Other Revenue $10,256
TOTAL REVENUE $4,795,023

Expense Breakdown

Grants Paid $237,000
Salaries & Benefits $2,253,697
Fundraising Expenses $149,399
Program Expenses $4,106,033
Other Expenses $2,139,502
TOTAL EXPENSES $4,630,199

Year-over-Year Comparison

2024 2023 Change
Revenue $4,795,023 $4,646,910 +0.0%
Expenses $4,630,199 $4,458,431 +0.0%
Net Income $164,824 $188,479 -0.1%
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
18
Independent Members
18
Employees
32
Volunteers
21

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
6
$284,206
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Piere Manigault Chair 2.00
Officer Director
$0 $0 $0
John LaVerne Vice Chair 2.00
Officer Director
$0 $0 $0
Steve Bottcher Treasurer 2.00
Officer Director
$0 $0 $0
Francine Christiansen Secretary 2.00
Officer Director
$0 $0 $0
Tyler Bickerstaff Trustee 2.00
Director
$0 $0 $0
Thomas Carpenter Trustee 2.00
Director
$0 $0 $0
William P Copenhaver III Trustee 2.00
Director
$0 $0 $0
Teresa Boone Creecy Trustee 2.00
Director
$0 $0 $0
Robert V DeMarco Trustee 2.00
Director
$0 $0 $0
Dr Doris R Helms Trustee 2.00
Director
$0 $0 $0
Brian Hussain Trustee 2.00
Director
$0 $0 $0
Harry B Limehouse III Trustee 2.00
Director
$0 $0 $0
Spencer J Lynch Trustee 2.00
Director
$0 $0 $0
Karl E Novak Esq Trustee 2.00
Director
$0 $0 $0
Richard Sammons Trustee 2.00
Director
$0 $0 $0
John Shannon Trustee 2.00
Director
$0 $0 $0
Cheryl Skoog-Tague Term Ended Trustee 2.00
Director
$0 $0 $0
Walter Seinsheimer Jr Term Ended Trustee 2.00
Director
$0 $0 $0
John Trask III Trustee 2.00
Director
$0 $0 $0
Stephen Ziff Trustee 2.00
Director
$0 $0 $0
Lt Gen Ret Colby M Broadwater Broad President 40.00
Officer
$135,000 $0 $135,000
Chad Urban CFO 40.00
Officer
$135,000 $14,206 $149,206
Christina Butler Professor 40.00
Highest
$105,283 $0 $105,283
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 $4,795,023 $4,630,199 $13,597,402 $164,824
2024 $4,646,910 $4,458,431 $13,596,498 $188,479
2023 $3,856,644 $3,680,355 $11,878,720 $176,289
2022 $4,754,308 $3,008,311 $11,057,895 $1,745,997
2021 $3,152,550 $2,967,440 $8,182,078 $185,110
2020 $3,073,378 $2,971,508 $7,981,366 $101,870
2019 $2,881,901 $2,560,249 $9,194,710 $321,652
2018 $3,017,879 $2,393,865 $9,563,836 $624,014
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