Artsbridge Foundation INC FY2021 filing

Atlanta, GA · Supporting organization · Since 2004 · Arts & Culture

✓ Tax-deductible Latest data FY2021
Revenue
$1.6M
▲ +272% vs prior year
Spent
$344K
To programs
60%
Net assets
$299K
By yearFY2020–FY2024
Revenue
$1.6M
FY2021▲ +272%
Revenue by fiscal year
FY2020$431K
FY2021$1.6M
FY2022$676K
FY2023$633K
FY2024$697K
FY2024$634K
Expenses
$344K
FY2021▼ -29%
Expenses by fiscal year
FY2020$484K
FY2021$344K
FY2022$686K
FY2023$800K
FY2024$887K
FY2024$778K
Net assets
$299K
FY2021▲ +131%
Net assets by fiscal year
FY2020$-963K
FY2021$299K
FY2022$288K
FY2023$120K
FY2024$-69K
FY2024$-213K
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending September 2021 (IRS tax year 2020).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
9 funders, incl. Cobb Community Foundation INC
$90K in the latest grant year.
Spent on programs?
60% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +272% vs prior year
Legal name (IRS)Hdr · item CArtsbridge Foundation INC
EINHdr · item D20-1638556
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJan 2005
Year of formationHdr · item L2004
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CAtlanta, GA
NTEE classificationIRS BMFArts & Culture (A112)
WebsiteHdr · item Jartsbridgega.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.12 Fundraising $0.29
Program services60%$205K
Management & general12%$40K
Fundraising29%$98K
Total functional expensesLn 25$344K

Financial health

Net inflow
+79%
revenue over expenses, this year
Pass-through gifts
26%
of revenue from contributions
Program spending
60%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$367K
FY2021▲ +47%
Total assets by fiscal year
FY2020$250K
FY2021$367K
FY2022$329K
FY2023$218K
FY2024$188K
FY2024$116K
Total liabilities
$68K
FY2021▼ -94%
Total liabilities by fiscal year
FY2020$1.2M
FY2021$68K
FY2022$41K
FY2023$98K
FY2024$257K
FY2024$329K
Revenue less expensesPt I · Ln 19$1.3M
Total assetsPt X · Ln 16$367K
Program-expense ratioPt IX · col B60%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Balance Sheet

Part X · end of year
CashLn 1$364K
Total assetsLn 16$367K
Total liabilitiesLn 26$68K
Total net assetsLn 32$299K
Months of cash on handcomputed12.7

Statement of Revenue

Part VIII
Other revenue$1.2M · 73%
Contributions & grants$423K · 26%
Program service revenue$14K · 1%
Other revenue73%$1.2M
Contributions & grants26%$423K
Program service revenue1%$14K
— government grantsLn 1e$57K
Total revenueLn 12$1.6M

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $364K · Operating expenses/yr $344K
12.7 months
Where the money goes
Program services
Program services $205K · Total expenses $344K
60%
Management & General
Management & general $40K · Total expenses $344K
12%
Fundraising
Fundraising $98K · Total expenses $344K
29%
Cost to raise $1
Fundraising expense (2-yr avg) $116K · Solicited contributions (2-yr avg) $384K
$0.30 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $423K · Total revenue $1.6M
26%
Government reliance
Government grants $57K · Total revenue $1.6M
4%
Earned-income share
Program service revenue $14K · Total revenue $1.6M
0.8%
Investment reliance
Investment income $0 · Total revenue $1.6M
0%
Program self-sufficiency
Program service revenue $14K · Total expenses $344K
4%
Growth & trend
Revenue growth (YoY)
This year $1.6M · Prior year $431K
+272%
Net-asset trend (YoY)
End of year $299K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.6M · Expenses $344K
+79%
Liabilities-to-Assets
Total liabilities — · Total assets $367K
—
Net-asset ratio
Net assets $299K · Total assets $367K
81%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $367K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Samit Roy · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $344K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $344K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 60%——
Overhead ratio 12%——
Fundraising cost ratio 23%——
Revenue growth 272%——
Legal fee ratio 0.4%——
Accounting fee ratio 3%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Artsbridge Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Expands arts education for Georgia students through engaging programs and community events.

Provided by the organization

This section is blank until Artsbridge Foundation INC claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

2 program services account for $205K of program spending, described in the organization's own filed words · FY2020.
01

Georgia High School Musical Theatre Awards

Shuler hensley awards - fashioned after broadway's tony awards, the georgia high school musical theatre awards - shuler hensley awards program celebrates excellence in high school musical theatre.

$157Kprogram expense
02

Master classes- through master classes, artsbridge foundation offers students the opportunity to train with professionals in the many disciplines of theatre. For 2021, all master classes were presented in a virtual format.

$48Kprogram expense

Run this program? Claim this org to tell your story

Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 9 funders →

Filing history

YearRevenueExpensesChangeFiling
FY2024 $697K$887K+10% 990 PDF
FY2023 $633K$800K-6% 990 PDF
FY2022 $676K$686K-58% 990 PDF
FY2021 Viewing $1.6M$344K+272% 990 PDF
FY2020 $431K$484K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Artsbridge Foundation INC →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.