Mosaic Arts INC

Tax-deductible

Green Bay, WI501(c)(3)Arts & CultureEIN 39-1354634

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Mosaic is a nonprofit organization that advances the Arts and creativity throughout the greater green bay area.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
Run by 100 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $7K a year · 5% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
11 mo
of spending, in cash
Looks good: 10.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $15K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$62K
-59% vs prior year
Spent
$78K
To programs
81%
Net assets
$70K
By yearFY2020–FY2024
Revenue
$62K
FY2024▼ -59%
Revenue by fiscal year
FY2020$125K
FY2021$119K
FY2022$166K
FY2023$151K
FY2024$62K
Expenses
$78K
FY2024▼ -41%
Expenses by fiscal year
FY2020$132K
FY2021$93K
FY2022$223K
FY2023$131K
FY2024$78K
Net assets
$70K
FY2024▼ -18%
Net assets by fiscal year
FY2020$96K
FY2021$123K
FY2022$65K
FY2023$85K
FY2024$70K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1997.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $63K Management & general 19% · $14K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A

Carol Faltynski’s $5K as Treasurer is at the 30th percentile of top reported officer pay among 250 <$100K 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 · 2 named individuals · Part VII

NameFY2023FY2022FY2020
Carol Faltynski$5,190$50,000—
Silvija Jensen——$45,000

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Fosters arts and creativity throughout the greater Green Bay area.

Provided by the organization

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2 program services account for $63K of program spending, described in the organization's own filed words · FY2024.
01

Artstreet Event

Promote art to the community

$39Kprogram expense
02

Arti Gras Event

Promote art to the community

$24Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$15K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$62K
Ln 12
Fees for servicesLn 2g$62K
Gifts and grantsLn 1h$88
Money outPt IX
$78K
Ln 25
Programscol B$63K
Managementcol C$14K
Owns and owesPt X
$70K
net assets · Ln 32
Cash and savingsLn 1–2$70K
Total assetsLn 16$70K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$88
Fees for servicesLn 2g$62K
Total revenueLn 12$62K
Assets in detailPt X, end of year
CashLn 1$70K
Cash and savings togetherLn 1–2$70K
Land, buildings, equipmentLn 10c$82
Total assetsLn 16$70K
LiabilitiesLn 26$0
Net assetsLn 32$70K
OperationsPt I, VI
EmployeesI 52
VolunteersI 6100
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$85K$70K
Land, buildings, equipmentLn 10c$424$82
Total assetsLn 16$85K$70K
LiabilitiesLn 26$0$0
Net assetsLn 32$85K$70K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$1K$300$1K
Other fees for servicesLn 11g$14K$14K
Advertising and promotionLn 12$7K$2K$5K
Office expensesLn 13$454$96$358
OccupancyLn 16$2K$2K
Depreciation, depletion and amortizationLn 22$342$342
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$44K$42K$2K
All other expensesLn 24e$5K$5K$119
Total functional expensesLn 25$78K$63K$14K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $62K$78K−$15K$70K 990 PDF
FY2023 $151K$131K$20K$85K 990 PDF
FY2022 $166K$223K−$57K$65K 990 PDF
FY2021 $119K$93K$27K$123K 990 PDF
FY2020 $125K$132K−$7K$96K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $62,457 across 4 lines filed
VIII-1f All other contributions, gifts and grants$88
VIII-1h Total contributions, gifts and grants$88
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $62,369$62,369
VIII-12 Total revenueRelated to mission $62,369 · Unrelated business $0 · Excluded from tax $0$62,457
Part IX · Statement of functional expenses $77,812 across 9 lines filed
IX-11c Accounting feesPrograms $300 · Management $1,197$1,497
IX-11g Other fees for servicesPrograms $13,880$13,880
IX-12 Advertising and promotionPrograms $1,938 · Management $4,656$6,594
IX-13 Office expensesPrograms $96 · Management $358$454
IX-16 OccupancyManagement $2,056$2,056
IX-22 Depreciation, depletion and amortizationManagement $342$342
IX-23 InsuranceManagement $3,765$3,765
IX-24 Other expenses (24a–d)Programs $42,033 · Management $1,921$43,954
IX-24e All other expensesPrograms $5,151 · Management $119$5,270
IX-25 Total functional expensesPrograms $63,398 · Management $14,414 · Fundraising $0$77,812
Part X · Balance sheet $69,925 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $84,856$69,843
X-10c Land, buildings and equipment, netStart of year $424$82
X-16 Total assetsStart of year $85,280$69,925
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $85,280$69,925
X-33 Total liabilities and net assetsStart of year $85,280$69,925
Part XI · Reconciliation of net assets $69,925 net assets at year end
XI-1 Total revenue$62,457
XI-2 Total expenses$77,812
XI-3 Revenue less expenses−$15,355
XI-4 Net assets at start of year$85,280
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$69,925

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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