Artlink INC EIN 35-1461761 Form 990 (PDF) Claim this org

Artlink INC FY2024 filing

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Supports artists with exhibitions, education, and community events. For fiscal year 2024 it reported $219K in revenue, $263K in expenses, and $94K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Fort Wayne, IN
Website
www.artlinkfw.com
Filings
6 on file (2020–2024)
Revenue
$219KFY2024
Expenses
$263K
Net assets
$94K
People
16
Filings
6
Updates
0
More identity details & actions ⌄
EIN  35-1461761 Public charity (501(c)(3)) Fort Wayne, IN
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports artists with exhibitions, education, and community events.
Leadership
Lynette Scott Resigned · Executive Dir. · $62K
Money in and out
$219K revenue, $263K expenses
Bottom line
80% program efficiency
Where the money goes · FY2024
Total revenue
$219K
Pt VIII · Ln 12
Total expenses
$263K
Pt IX · Ln 25
Net assets
$94K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$44K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.16 Fundraising $0.04
Program efficiency
80%
of spending reaches programs
Operating runway
2.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-20%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$219K
FY2024▼ -17%
Expenses
$263K
FY2024▲ +8%
Total assets
$119K
FY2024▼ -17%
Total liabilities
$24K
FY2024▲ +512%
Total revenue
$219K
Pt VIII · Ln 12
Total expenses
$263K
Pt IX · Ln 25
Net assets
$94K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$44K
Total assetsPt X · Ln 16$119K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArtlink INC
EINHdr · item D35-1461761
Principal addressHdr · item CFort Wayne, IN
WebsiteHdr · item Jwww.artlinkfw.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A400)
Ruling yearIRS BMFFeb 1980

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$61,908Pt VII · Sec A
Executive Dir.
$1,260Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Tim Parsley Interim’s $7K as Executive Dir. is at the 6th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Lynette Scott$60,000$62,308$62,308$62,308
Lynette Scott Resigned$61,908
Tim Parsley Interim$7,380$1,260

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $210K of program spending, described in the organization's own filed words · FY2023.
01

Exhibitions are the primary program of Artlink. Exhibition opportunities at Artlink empower artists at critical points throughout their careers, from non-juried exhibitions like the annual Members' Showcase to career-building juried exhibitions and unrestricted solo exhibition proposals.

$143Kprogram expense
02

Artlink's educational programs include workshops, classes, and bi-weekly figure-drawing sessions. Our educational programs are designed to encourage creative exploration and learning. Taught by artists, workshops and classes provide the opportunity for participants to learn new skills and techniques from practicing artists and fully…

$39Kprogram expense
03

The Artlink Market program empowers artists and creative small businessesthat may not traditionally be exhibited in a galleryto reach new audiences. Artlink Market events feature a selection of the best in contemporary craft and handmade gifts.

$27Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$123K · 56%
Other revenue$49K · 22%
Program service revenue$47K · 21%
Contributions & grants56%$123K
Other revenue22%$49K
Program service revenue21%$47K
Investment income$58
Total revenueLn 12$219K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.16 Fundraising $0.04
Program services80%$210K
Management & general16%$43K
Fundraising4%$10K
Total functional expensesLn 25$263K

Balance Sheet

Part X · end of year
CashLn 1$59K
Total assetsLn 16$119K
Total liabilitiesLn 26$24K
Total net assetsLn 32$94K
Months of cash on handcomputed2.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $61K · Operating expenses/yr $263K
2.8 months
Where the money goes
Program services
Program services $210K · Total expenses $263K
80%
Management & General
Management & general $43K · Total expenses $263K
16%
Fundraising
Fundraising $10K · Total expenses $263K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $12K · Solicited contributions (3-yr avg) $161K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $123K · Total revenue $219K
56%
Government reliance
Government grants — · Total revenue $219K
Earned-income share
Program service revenue $47K · Total revenue $219K
21%
Investment reliance
Investment income $58 · Total revenue $219K
+0.03%
Program self-sufficiency
Program service revenue $47K · Total expenses $263K
18%
Growth & trend
Revenue growth (YoY)
This year $219K · Prior year $265K
-17%
Revenue CAGR
FY2019 $101K · FY2023 $219K
+21%
Net-asset trend (YoY)
End of year $94K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $219K · Expenses $263K
-20%
Liabilities-to-Assets
Total liabilities — · Total assets $119K
Net-asset ratio
Net assets $94K · Total assets $119K
80%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $119K
2%
People & payroll
Highest Reported Total Compensation
Individual Lynette Scott Resigned · Reported title Executive Dir. · Highest reported compensation $62K · Total expenses $263K
24%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $145K · Total expenses $263K
55%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 16%
Fundraising cost ratio 8%
Revenue growth -17%
Investment management fee ratio 0.08%
Legal fee ratio 0%
Accounting fee ratio 6%
Fundraising fee ratio 0%

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.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$180K revenue · ⤓ 990 PDF
FY2024$219K revenue · viewing · ⤓ 990 PDF
FY2023$265K revenue · ⤓ 990 PDF
FY2022$277K revenue · ⤓ 990 PDF
FY2021$227K revenue · ⤓ 990 PDF
FY2020$101K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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