ARTSERVEINC

EIN: 650058919 501(c)(3)

FORT LAUDERDALE, FL

Total Revenue
$560,330
Total Expenses
$700,547
Total Assets
$648,292
Net Assets
$587,769
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
FL
Principal Officer
DOUGLAS EVANS
Phone
9544629191
Tax Period
2024-10-01 to 2025-09-30

ARTSERVEINC, founded in 1988, is a small nonprofit that reported $560K in total revenue in fiscal year 2024. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $701K exceeded revenue, resulting in a 25% operating deficit.

Mission

ARTSERVE, INC. (ARTSERVE\ORGANIZATION) IS A FLORIDA NOT-FOR-PROFIT CORPORATION, INCORPORATED JUNE 28, 1988. SINCE THEN, ARTSERVE HAS FULFILLED ITS CORE MISSION BY PROVIDING CULTURAL ENTITIES PLATFORMS FOR GROWTH. THE ORGANIZATION OFFERS A FULL RANGE OF SUPPORT SERVICES THAT PROVIDE A SOLID FOUNDATION FOR AREA ARTISTS TO HONE BUSINESS SKILLS, EMBRACE NEW TECHNOLOGY, BUILD AUDIENCES AND LEARN BEST PRACTICES. IT ALSO GOES OUT INTO THE COMMUNITY TO DEVELOP NETWORKING AND COLLABORATION OPPORTUNITIES THAT ALLOWS THEM TO REACH THEIR PERSONAL VISION AND ARTISTIC GOALS. SINCE ITS INCEPTION, SUPPORT FROM INDIVIDUAL, CORPORATE, FOUNDATION AND GOVERNMENT ENTITIES HAS BEEN INVALUABLE IN ORDER TO SUSTAIN CRITICAL PROGRAM ACTIVITIES, IMPROVE CORE RESOURCES, MAINTAIN AND UPGRADE FACILITIES AND HELP FUND PROFESSIONAL STAFF WHO PROVIDE VITAL SERVICES AND COLLABORATIVE VENTURES THAT ENRICH THE COMMUNITY. ARTSERVE IS PRIMARILY FUNDED THROUGH GRANTS FROM BROWARD COUNTY.

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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 $240,525
Program Service Revenue $279,441
Investment Income $40,364
Other Revenue $0
TOTAL REVENUE $560,330

Expense Breakdown

Grants Paid $0
Salaries & Benefits $475,119
Fundraising Expenses $62,386
Program Expenses $529,973
Other Expenses $225,428
TOTAL EXPENSES $700,547

Year-over-Year Comparison

2024 2023 Change
Revenue $560,330 $1,697,074 -0.7%
Expenses $700,547 $1,646,709 -0.6%
Net Income $-140,217 $50,365 -3.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
10
Volunteers
18

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
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAN CHAPPELL DIRECTOR 2.00
Director
$0 $0 $0
FRANK D'AGOSTINO DIRECTOR 2.00
Director
$0 $0 $0
DUSTIN JACOBS DIRECTOR 2.00
Director
$0 $0 $0
CHELSEA KUPP DIRECTOR 2.00
Director
$0 $0 $0
LORENA LEDESMA DIRECTOR 2.00
Director
$0 $0 $0
ALEX LEIVA DIRECTOR 2.00
Director
$0 $0 $0
BLESSING NDEM DIRECTOR 2.00
Director
$0 $0 $0
DOUGLAS EVANS CHAIR 2.00
Officer
$0 $0 $0
BRITTANEY MOULTON SECRETARY 2.00
Officer
$0 $0 $0
KIMBERLEE I POULTON VICE PRESIDE 2.00
Officer
$0 $0 $0
BRIAN STAFFORD TREASURER 2.00
Officer
$0 $0 $0
MOLLY WILSON PRESIDENT/PA 2.00
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 $560,330 $700,547 $648,292 $-140,217
2024 $1,697,074 $1,646,709 $782,219 $50,365
2023 $1,487,960 $1,474,360 $668,535 $13,600
2022 $1,647,477 $1,600,090 $653,061 $47,387
2021 $1,720,323 $1,611,678 $667,850 $108,645
2020 $1,643,764 $1,592,208 $526,556 $51,556
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