THE ARMORY ART CENTER INC

EIN: 592808612 501(c)(3) Arts, Culture & Humanities

WEST PALM BEACH, FL

Total Revenue
$2,202,745
Total Expenses
$2,212,198
Total Assets
$4,149,320
Net Assets
$4,035,953
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Organization Details

Formation Year
1986
Legal Domicile
FL
Principal Officer
STEVE TANNENBAUM
Phone
5618321776
Tax Period
2024-07-01 to 2025-06-30

THE ARMORY ART CENTER INC, founded in 1986, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.2M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

THE MISSION OF THE ARMORY ART CENTER IS TO PROVIDE ART EDUCATION TO INSPIRE THE CREATION AND EXPERIENCE OF ART IN THE COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $848,350 Revenue: $1,244,695

ART SCHOOL: OVER THE COURSE OF THE YEAR, MORE THAN 800 COURSES ARE OFFERED THROUGH SIX ACADEMIC TERMS AND EDUCATE MORE THAN 3,000 STUDENTS. ON AVERAGE, 70 UNIQUE COURSES AND WORKSHOPS EACH TERM...

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ART SCHOOL: OVER THE COURSE OF THE YEAR, MORE THAN 800 COURSES ARE OFFERED THROUGH SIX ACADEMIC TERMS AND EDUCATE MORE THAN 3,000 STUDENTS. ON AVERAGE, 70 UNIQUE COURSES AND WORKSHOPS EACH TERM, PROVIDE AN ART EDUCATION STRUCTURED VISUAL ARTS PROGRAMS IN CERAMICS, JEWELRY, METAL SMITHING, SCULPTURE (STONE AND METAL), PAINTING, DRAWING, PRINTMAKING, PHOTOGRAPHY, FIBERS AND RELATED ARTS. STUDIO ART CLASSES ARE THOUGHT BY ACCOMPLISHED DEGREED ARTISTS AND CLASSES ARE OFFERED FOR ADULTS AND CHILDREN AGES 5 TO 90, YEAR-ROUND WITH DAY, EVENING, AND SATURDAY CLASSES OFFERED FOR ADULTS AND YOUTHS. THE SCHOOL SERVES AN ETHNICALLY AND CULTURALLY DIVERSE COMMUNITY.

Program 2
Expenses: $619,128 Revenue: $908,382

MASTER ARTIST WORKSHOPS: THE WORKSHOPS RUNFOR 5 DAYS AND ARE PRESENTED BY NATIONAL AND INTERNATIONAL RENOWNEDARTISTS. THE AVERAGE NUMBER OF STUDENTS ATTENDING EACH WORKSHOP IS 8.THE PROGRAMS INCLUDE...

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MASTER ARTIST WORKSHOPS: THE WORKSHOPS RUNFOR 5 DAYS AND ARE PRESENTED BY NATIONAL AND INTERNATIONAL RENOWNEDARTISTS. THE AVERAGE NUMBER OF STUDENTS ATTENDING EACH WORKSHOP IS 8.THE PROGRAMS INCLUDE FREE PUBLIC LECTURES AND STUDIO WORKSHOPS,PROVIDING AN OPPORTUNITY FOR LOCAL ARTISTS AND STUDENT ARTISTS TO MEETAND LEARN FROM INTERNATIONALLY RECOGNIZED ARTISTS.

Program 3
Expenses: $65,059 Revenue: $95,454

YOUTH CLASSES AND THE YOUTH SUMMER CAMP: YOUTH CLASSES ARE HELD THROUGHOUT THE YEAR ALONG WITH OUR REGULAR ADULT PROGRAMMING. THE SUMMER CAMPIS 10 WEEKS LONG, DURING THE SUMMER AND SERVES...

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YOUTH CLASSES AND THE YOUTH SUMMER CAMP: YOUTH CLASSES ARE HELD THROUGHOUT THE YEAR ALONG WITH OUR REGULAR ADULT PROGRAMMING. THE SUMMER CAMPIS 10 WEEKS LONG, DURING THE SUMMER AND SERVES KINDERGARTEN THROUGHHIGH SCHOOL. WE OFFER SCHOLARSHIPS TO THE SUMMER CAMP STUDENTS, BASEDON ECONOMIC NEED. THEY ARE AWARDED WITHOUT REGARD TO RACE, ETHNICITY ORDEMOGRAPHIC PROFILE. DURING THE YEAR CONTRIBUTIONS BY INDIVIDUALS AREDESIGNATED FOR YOUTH SCHOLARSHIPS, THESE FUNDS ARE MAINTAINED IN ASEPARATE BANK ACCOUNT AND RELEASED AS THE SCHOLARSHIPS ARE AWARDED. NOFUNDS ARE DISTRIBUTED TO THE RECIPIENTS, THE SCHOLARSHIPS ARE TUTIONFEE WAIVERS.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $993,249
Program Service Revenue $1,028,122
Investment Income $0
Other Revenue $181,374
TOTAL REVENUE $2,202,745

Expense Breakdown

Grants Paid $0
Salaries & Benefits $551,583
Fundraising Expenses $59,955
Program Expenses $1,539,884
Other Expenses $1,660,615
TOTAL EXPENSES $2,212,198

Year-over-Year Comparison

2024 2023 Change
Revenue $2,202,745 $2,369,718 -0.1%
Expenses $2,212,198 $2,345,441 -0.1%
Net Income $-9,453 $24,277 -1.4%
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
19
Independent Members
17
Employees
16
Volunteers
40

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
4
$109,560
Total Directors
18
$109,560
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JILL BROWN CEO 40.00
Officer Director
$109,560 $0 $109,560
KARIN WAGGONER Director 0.50
Director
$0 $0 $0
ROBERT WECHSLER Director 0.50
Director
$0 $0 $0
DAVID VESELSKY Director 0.50
Director
$0 $0 $0
NANCY LAMBREACHT BOARD CHAIR 0.50
Officer Director
$0 $0 $0
ANN BROWN Director 0.50
Officer Director
$0 $0 $0
LINDA SILPE VICE CHAIR 0.50
Director
$0 $0 $0
STEPHEN VOGEL Director 0.50
Director
$0 $0 $0
RUTH BAUM Director 0.50
Director
$0 $0 $0
LYNN FELD Director 0.50
Director
$0 $0 $0
ALISON FIAL GREENE Director 0.50
Director
$0 $0 $0
JEANMARIE WHALEN Director 0.50
Director
$0 $0 $0
CARLOS MORRISON Director 0.50
Director
$0 $0 $0
HELICE CARRIS-BERNSTEIN Director 0.50
Director
$0 $0 $0
JANET SCHUR Director 0.05
Director
$0 $0 $0
PATRICIA LEONARD Director 0.50
Director
$0 $0 $0
KELLY LUCHINI Director 0.50
Director
$0 $0 $0
TAMI WATKINS Secretary 0.50
Director
$0 $0 $0
STEVE TANNENBAUM Treasurer 15.00
Officer
$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 $2,202,745 $2,212,198 $4,149,320 $-9,453
2024 $2,369,718 $2,345,441 $4,176,098 $24,277
2023 $2,704,299 $2,716,468 $4,168,548 $-12,169
2023 $2,704,299 $2,529,468 $4,543,548 $174,831
2022 $1,979,462 $2,537,031 $4,224,650 $-557,569
2021 $1,654,079 $1,548,747 $3,639,952 $105,332
2021 $2,084,067 $2,067,161 $4,340,445 $16,906
2020 $2,460,529 $2,512,294 $3,718,263 $-51,765
2020 $1,709,275 $1,936,444 $3,734,274 $-227,169
2019 $1,582,788 $1,751,231 $3,847,162 $-168,443
2018 $1,534,359 $1,689,442 $3,872,904 $-155,083
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