Developing Artist Collaboration EIN 82-1214176

Developing Artist Collaboration FY2021 filing

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Supports artists with resources, studio space, and community programs. For fiscal year 2021 it reported $393K in revenue, $370K in expenses, and $-5K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Rehoboth Beach, DE
Website
www.developingarts.org
Filings
5 on file (2020–2021)
Revenue
$393KFY2021
Expenses
$370K
Net assets
$-5K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  82-1214176 Public charity (501(c)(3)) Rehoboth Beach, DE
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Supports artists with resources, studio space, and community programs.
Leadership
Leah Beach · Executive Director · $52K
Money in and out
$393K revenue, $370K expenses
Bottom line
68% program efficiency
Where the money goes · FY2021
Total revenue
$393K
Pt VIII · Ln 12
Total expenses
$370K
Pt IX · Ln 25
Net assets
$-5K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $23K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.31 Fundraising $0.00
Program efficiency
68%
of spending reaches programs
Operating runway
0.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+6%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$393K
FY2021▲ +106%
Expenses
$370K
FY2021
Total assets
$31K
FY2021
Total liabilities
$35K
FY2021
Total revenue
$393K
Pt VIII · Ln 12
Total expenses
$370K
Pt IX · Ln 25
Net assets
$-5K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$23K
Total assetsPt X · Ln 16$31K
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $252K of program spending, described in the organization's own filed words · FY2021.
01

Artist development focuses on professional resources, creation space, connection, and innovative presentation opportunities for our artists. A major initiative of artist development is the creative career support program (CCSP). CCSP is an intensive professional development program that pivot's an artist's career in just two months.

$163Kprogram expense
02

Out of the box diy (otb) is our revenue-driven program staffed by working artists. It sells diy art kits and live art experiences locally & through ecommerce. Otb experienced an impactful transition in 2021 due to a large grant from the longwood foundation.

$80Kprogram expense
03

Artreach is dac's community development and beautification initiative. Dac is founded on the belief that through skilled volunteering, artists can make impactful change. Our current artreach project is the west rehoboth historical mural.

$10Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDeveloping Artist Collaboration
EINHdr · item D82-1214176
Principal addressHdr · item CRehoboth Beach, DE
WebsiteHdr · item Jwww.developingarts.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDE
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A25)
Ruling yearIRS BMFFeb 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$51,746Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Leah Beach’s $48K as Founder is at the 42nd percentile of top reported officer pay among 2213 $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 · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Leah Beach$48,312$32,000$42,513$51,746
Gina Depaul$12,000$45,000
Joseph Garner$8,000
Kerry Hallett from 1123$1,663
Kerry Hallett$900

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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Statement of Revenue

Part VIII
Contributions & grants$290K · 74%
Other revenue$99K · 25%
Program service revenue$4K · 1%
Contributions & grants74%$290K
Other revenue25%$99K
Program service revenue1%$4K
— government grantsLn 1e$43K
Total revenueLn 12$393K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.31 Fundraising $0.00
Program services68%$253K
Management & general31%$116K
Fundraising$609
Total functional expensesLn 25$370K

Balance Sheet

Part X · end of year
CashLn 1$15K
Total assetsLn 16$31K
Total liabilitiesLn 26$35K
Total net assetsLn 32$-5K
Months of cash on handcomputed0.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $15K · Operating expenses/yr $370K
0.5 months
Where the money goes
Program services
Program services $253K · Total expenses $370K
68%
Management & General
Management & general $116K · Total expenses $370K
31%
Fundraising
Fundraising $609 · Total expenses $370K
0.2%
Cost to raise $1
Fundraising expense $609 · Solicited contributions $247K
$0.00 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $290K · Total revenue $393K
74%
Government reliance
Government grants $43K · Total revenue $393K
11%
Earned-income share
Program service revenue $4K · Total revenue $393K
1%
Investment reliance
Investment income $0 · Total revenue $393K
0%
Program self-sufficiency
Program service revenue $4K · Total expenses $370K
1%
Growth & trend
Revenue growth (YoY)
This year $393K · Prior year $190K
+106%
Net-asset trend (YoY)
End of year $-5K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $393K · Expenses $370K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $31K
Net-asset ratio
Net assets $-5K · Total assets $31K
-16%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $31K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Leah Beach · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $52K · Total expenses $370K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $141K · Total expenses $370K
38%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 68%
Overhead ratio 31%
Fundraising cost ratio 0.2%
Revenue growth 106%

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
Total grants receivedfrom 2 funders$6K

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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
FY2024 (Latest)$386K revenue · ⤓ 990 PDF
FY2023$448K revenue · ⤓ 990 PDF
FY2022$394K revenue · ⤓ 990 PDF
FY2021$393K revenue · viewing · ⤓ 990 PDF
FY2020$190K revenue · ⤓ 990 PDF

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Sources

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