Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2018.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
81 cents of each dollar spent went to programs.
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
11 people listed on the 990; $50K paid to officers and key staff.
Charlotte Caldwell’s $50K as Executive Director is at the 44th 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 · 4 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Charlotte Caldwell | $50,000 | $50,000 | $6,000 | $6,000 | — | — |
| Mike Calway-Fagen | — | — | — | — | — | $41,850 |
| Charlotte Caldwell | — | — | — | — | $6,000 | $6,000 |
| Leandra Leseur | — | $1,000 | — | — | — | — |
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 15aNo
Programs and updates
Showcases contemporary art with free public access, offering space, support, and educational programs.
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Providing space and supporting services for exhibition of contemporary art: exhibition inside dedicated 7,000 SQ FT facility located in chattanooga along with ARTIST/COMMUNITY outreach.
Providing space and supporting services for educational activities that deepen constituents' relationship to and understanding of contemporary art, including community workshops and forums.
Providing space and supporting services for residency of contemporary artists: artists invited to live on-site for 1 - 3 months with dedicated 9,000 SQ FT facility. Artists given access to workshops, private studios, and communal space with opportunities to generate new work and exhibit.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $127K | $130K |
| Land, buildings, equipmentLn 10c | $107K | $79K |
| Total assetsLn 16 | $234K | $209K |
| LiabilitiesLn 26 | $56K | $58K |
| Net assetsLn 32 | $178K | $151K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $50K | $20K | $15K | $15K |
| Other salaries and wagesLn 7 | $107K | $107K | ||
| Payroll taxesLn 10 | $12K | $10K | $1K | $1K |
| Accounting feesLn 11c | $6K | $6K | ||
| Office expensesLn 13 | $770 | $770 | ||
| OccupancyLn 16 | $42K | $33K | $8K | |
| InterestLn 20 | $2K | $2K | ||
| Depreciation, depletion and amortizationLn 22 | $28K | $22K | $6K | |
| InsuranceLn 23 | $7K | $6K | $1K | |
| Other expenses (24a–d)Ln 24 | $87K | $82K | $5K | |
| All other expensesLn 24e | $5K | $2K | $3K | |
| Total functional expensesLn 25 | $346K | $280K | $46K | $19K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $319K | $346K | −$27K | $151K | 990 PDF |
| FY2024 | $316K | $337K | −$21K | $178K | 990 PDF |
| FY2023 | $269K | $251K | $18K | $199K | 990 PDF |
| FY2022 | $242K | $230K | $12K | $182K | 990 PDF |
| FY2021 | $258K | $164K | $94K | $169K | 990 PDF |
| FY2020 | $186K | $77K | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $319,297 across 8 lines filed
Part IX · Statement of functional expenses $346,030 across 11 lines filed
Part X · Balance sheet $209,429 assets, 10 lines filed
Part XI · Reconciliation of net assets $151,434 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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