Artserve INC EIN 65-0058919 Form 990 (PDF) Claim this org

Artserve INC

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Supports artists and cultural groups by providing business training, technology, audience building, and networking opportunities. For fiscal year 2025 it reported $560K in revenue, $701K in expenses, and $588K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Fort Lauderdale, FL
Website
artserve.org
Filings
6 on file (2020–2025)
Revenue
$560KFY2025
Expenses
$701K
Net assets
$588K
People
12
Filings
6
Updates
0
More identity details & actions ⌄
EIN  65-0058919 Public charity (501(c)(3)) Fort Lauderdale, FL
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports artists and cultural groups by providing business training, technology, audience building, and networking opportunities.
Leadership
Dan Chappell · Director
Money in and out
$560K revenue, $701K expenses
Bottom line
76% program efficiency
Where the money goes · FY2025
Total revenue
$560K
Pt VIII · Ln 12
Total expenses
$701K
Pt IX · Ln 25
Net assets
$588K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$140K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.15 Fundraising $0.09
Program efficiency
76%
of spending reaches programs▼ -12% vs prior filing year
Operating runway
10.4mo
months of highly liquid reserves at operating expense rate▼ -4% vs prior filing year
Surplus margin
-25%
revenue over expenses, this year▼ -943% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$560K
FY2025▼ -67%
Expenses
$701K
FY2025▼ -57%
Total assets
$648K
FY2025▼ -17%
Total liabilities
$61K
FY2025▼ -0.5%
Total revenue
$560K
Pt VIII · Ln 12
Total expenses
$701K
Pt IX · Ln 25
Net assets
$588K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$140K
Total assetsPt X · Ln 16$648K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArtserve INC
EINHdr · item D65-0058919
Principal addressHdr · item CFort Lauderdale, FL
WebsiteHdr · item Jartserve.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFDec 1988

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 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 (FY2024); the FY2025 filing did not itemize Part VII
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $530K of program spending, described in the organization's own filed words · FY2024.
01

Gallery

The gallery provides space for exhibitions each year representing the diverse arts and cultural community of south florida. Artserve's menu of services affords exhibiting artists and arts organizations public relations and marketing support for their exhibits, including the creation and distribution of press releases, prominent street…

$180Kprogram expense
02

Facility

This program is designed to assist the art, culture and non- profit community with their business needs. Artserve provides office space, board room access, and workshop areas in a shared business environment for the cultural community. Established cultural organizations have access to these services and facilities at a nominal cost.

$177Kprogram expense
03

Facility

This program is designed to assist the art, culture and non- profit community with their business needs. Artserve provides office space, board room access, and workshop areas in a shared business environment for the cultural community. Established cultural organizations have access to these services and facilities at a nominal cost.

$172Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$279K · 50%
Contributions & grants$241K · 43%
Investment income$40K · 7%
Program service revenue50%$279K
Contributions & grants43%$241K
Investment income7%$40K
— government grantsLn 1e$121K
Total revenueLn 12$560K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.15 Fundraising $0.09
Program services76%$530K
Management & general15%$108K
Fundraising9%$62K
Total functional expensesLn 25$701K

Balance Sheet

Part X · end of year
CashLn 1$145K
Total assetsLn 16$648K
Total liabilitiesLn 26$61K
Total net assetsLn 32$588K
Months of cash on handcomputed2.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $604K · Operating expenses (Pt IX) $701K · Less non-cash grants $4K · Cash operating expenses/yr $697K
10.4 months
Where the money goes
Program services
Program services $530K · Total expenses $701K
76%
Management & General
Management & general $108K · Total expenses $701K
15%
Fundraising
Fundraising $62K · Total expenses $701K
9%
Cost to raise $1
Fundraising expense (3-yr avg) $59K · Solicited contributions (3-yr avg) $138K
$0.43 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $241K · Total revenue $560K
43%
Government reliance
Government grants $121K · Total revenue $560K
22%
Earned-income share
Program service revenue $279K · Total revenue $560K
50%
Investment reliance
Investment income $40K · Total revenue $560K
+7%
Program self-sufficiency
Program service revenue $279K · Total expenses $701K
40%
Growth & trend
Revenue growth (YoY)
This year $560K · Prior year $1.7M
-67%
Revenue CAGR
FY2019 $1.6M · FY2024 $560K
-19%
Net-asset trend (YoY)
End of year $588K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $560K · Expenses $701K
-25%
Liabilities-to-Assets
Total liabilities — · Total assets $648K
Net-asset ratio
Net assets $588K · Total assets $648K
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $459K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $648K
71%
People & payroll
Highest Reported Total Compensation
Individual Dan Chappell · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $701K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $475K · Total expenses $701K
68%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 15%
Fundraising cost ratio 26%
Revenue growth -67%
Investment management fee ratio 0.8%
Accounting fee ratio 5%

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 · FY2024
See all 5 funders →

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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)$560K revenue · viewing · ⤓ 990 PDF
FY2024$1.7M revenue · ⤓ 990 PDF
FY2023$1.5M revenue · ⤓ 990 PDF
FY2022$1.6M revenue · ⤓ 990 PDF
FY2021$1.7M revenue · ⤓ 990 PDF
FY2020$1.6M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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