O'MORE COLLEGE OF DESIGN

EIN: 620814498 501(c)(3)

FRANKLIN, TN

Total Revenue
$4,302,584
Total Expenses
$5,086,197
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
TN
Principal Officer
SHARI FOX
Phone
6157944254
Tax Period
2017-07-01 to 2018-06-30

O'MORE COLLEGE OF DESIGN, founded in 1970, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2017. Revenue decreased 14% compared to the prior year. Expenses of $5.1M exceeded revenue, resulting in a 18% operating deficit.

Mission

O'MORE COLLLEGE OF DESIGN PROVIDES A QUALITY ART AND DESIGN EDUCATION THAT EMPHASIZES INDIVIDUAL ATTENTION. THE COLLEGE PROMOTES A PARTNERSHIP WITH THE LOCAL, REGIONAL, AND GLOBAL COMMUNITY THROUGH EXHIBITS, PROGRAMS, CONTINUING EDUCATION , AND SERVICE PROJECTS.

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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 (2017)

Revenue Breakdown

Contributions & Grants $109,505
Program Service Revenue $4,222,505
Investment Income $250
Other Revenue $-29,676
TOTAL REVENUE $4,302,584

Expense Breakdown

Grants Paid $1,360,235
Salaries & Benefits $2,350,842
Fundraising Expenses $0
Program Expenses $4,098,327
Other Expenses $1,375,120
TOTAL EXPENSES $5,086,197

Year-over-Year Comparison

2017 2016 Change
Revenue $4,302,584 $5,024,839 -0.1%
Expenses $5,086,197 $5,287,627 0.0%
Net Income $-783,613 $-262,788 +2.0%
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
19
Employees
106
Volunteers
25

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
$150,000
Total Directors
25
$280,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARI FOX PRESIDENT 40.00
Officer Director
$150,000 $0 $150,000
STEVE BANKS CONTROLLER/D 1.00
Director
$70,000 $0 $70,000
JAMIE SHAFFER DIR OF ACADE 1.00
Director
$60,000 $0 $60,000
ASHLYN HINES MENEGUZZI CHAIR 1.00
Officer Director
$0 $0 $0
GINNY CALDWELL VICE-CHAIR 1.00
Officer Director
$0 $0 $0
TODD SHEARER TREASURER 1.00
Officer Director
$0 $0 $0
MARY LANKFORD BENSON SECRETARY 1.00
Officer Director
$0 $0 $0
DANNY ANDERSON BOARD MEMEBE 1.00
Director
$0 $0 $0
AMY SHELTON DIRETOR OF D 40.00
Director
$0 $0 $0
JOSEPH H BOWMAN IV BOARD MEMBER 1.00
Director
$0 $0 $0
J BRYAN ECHOLS BOARD MEMBER 1.00
Director
$0 $0 $0
KAROL LAHRMAN BOARD MEMBER 1.00
Director
$0 $0 $0
SONDRA MORRIS BOARD MEMBER 1.00
Director
$0 $0 $0
SHELLEY SARMIENTO BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID SHEN BOARD MEMBER 1.00
Director
$0 $0 $0
SARINA F WALKER BOARD MEMBER 1.00
Director
$0 $0 $0
RICK DEVOS BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT HICKS BOARD MEMBER 1.00
Director
$0 $0 $0
DIANNE NEAL BOARD MEMBER 1.00
Director
$0 $0 $0
L JONATHAN SAVAGE BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH NICHOLS BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID KOELLEIN BOARD MEMBER 1.00
Director
$0 $0 $0
TODD MCCULLOUGH BOARD MEMBER 1.00
Director
$0 $0 $0
KULAPAT YANTRASAT BOARD MEMBER 1.00
Director
$0 $0 $0
MATT LARGEN BOARD MEMBER 1.00
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
2018 $4,302,584 $5,086,197 No data $-783,613
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