2023-11-15T10:37:16-06:00 2022-12-31 561945391 MPCOMPANY LLP 4600 MARRIOTT DRIVE SUITE 300 RALEIGH NC 27612 990 2022-01-01 452650004 THEGIFTED ARTS INC THEG 9198125222 410 GLENWOOD AVE 170 RALEIGH NC 27603 CLARENCE MORGAN III CHIEF OPERATING OFFICER 9198125222 2023-11-14 1 CLARENCE MORGAN III 999009999 0 BRIAN T BENNETT P00349255 9198369200 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CLARENCE MORGAN III 410 GLENWOOD AVE 170 RALEIGH NC 27603 455112 0 X WWW.THEGIFTEDARTS.ORG X 2011 NC OUR MISSION IS TO TRANSFORM THE LIVES OF YOUTH THROUGH CULTURALLY RESPONSIVE ARTISTIC EXPERIENCES. WE ARE COMMITTED TO ELIMINATING RACIAL INEQUALITIES IN THE ARTS AND DISMANTLING SYSTEMS OF OPPRESSION WITH AND THROUGH OUR ART. WE ENVISION A WORLD WHERE YOUNG PEOPLE HAVE THE TOOLS THEY NEED TO SUCCESSFULLY NAVIGATE LIFE OBSTACLES AND ULTIMATELY EMBRACE THEIR GIFTS AND PURPOSE. 3 3 13 5 0 0 201578 414695 18798 40417 0 0 0 0 220376 455112 0 0 0 0 197353 228423 0 0 0 57095 104327 254448 332750 -34072 122362 38705 161067 0 0 38705 161067 X OUR MISSION IS TO TRANSFORM THE LIVES OF YOUTH THROUGH CULTURALLY RESPONSIVE ARTISTIC EXPERIENCES. WE ARE COMMITTED TO ELIMINATING RACIAL INEQUALITIES IN THE ARTS AND DISMANTLING SYSTEMS OF OPPRESSION WITH AND THROUGH OUR ART. WE ENVISION A WORLD WHERE YOUNG PEOPLE HAVE THE TOOLS THEY NEED TO SUCCESSFULLY NAVIGATE LIFE OBSTACLES AND ULTIMATELY EMBRACE THEIR GIFTS AND PURPOSE. 0 0 68033 19678 GIFTEDACADEMY - A SIGNATURE YEAR-ROUND PROGRAM WHERE 60 STUDENTS EXPLORE DANCE, THEATER, FASHION, SPOKEN-WORD, AND MUSIC PROGRAMMING. TGA PRODUCED A ZEALOUS SEASON OF 26 INTERNAL AND EXTERNAL EVENTS REACHING AN ESTIMATED 8,000 AUDIENCE MEMBERS. 53840 15572 GIFTEDIMPACT - PROVIDES PERFORMANCE, DEMONSTRATIONS, AND FREE AFTER-SCHOOL PROGRAMS FOR SCHOOLS AND COMMUNITY AGENCIES. 17865 5167 GIFTEDSUMMER - A UNIQUE, FULL-DAY, FIVE-WEEK CULTURAL PERFORMING ARTS CAMP FOR RISING 3RD-10TH GRADE STUDENTS INTERESTED IN EXPLORING THE PERFORMING ARTS WORLD, WITH DAILY EDUCATIONAL PROJECT-BASED RECREATIONAL ACTIVITIES THROUGHOUT THE SUMMER. 19059 VARIOUS SMALL PROGRAMS PROVIDING ART ENRICHMENT TO YOUTH. 19059 158797 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 13 1 0 0 0 0 0 0 0 0 0 0 X 3 3 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 X X CLARENCE MORGAN III 9198125222 410 GLENWOOD AVE SUITE 170 RALEIGH NC 27603 WANDA LASSITER BOARD TREASURER 1.00 X X 0 0 0 ELLIOT BRODY BOARD MEMBER 1.50 X 0 0 0 RAFIK KEITH BOARD CHAIR 1.00 X 0 0 0 CLARENCE MORGAN III FOUNDER, COO 40.00 X 62354 0 0 NICHOLE MORGAN FOUNDER, CEO 40.00 X 76786 0 0 139140 0 0 0 0 0 0 0 537 414158 414695 PROGRAM INCOME 711190 40417 40417 40417 455112 40417 0 0 139140 88925 50215 55817 35673 20144 17152 17152 16314 16314 4745 4745 1550 1550 12870 6607 6263 14793 2034 12759 46354 9480 36874 5158 4743 415 10 10 6952 497 6455 OFFICE SUPPLIES 6801 4194 2607 PROGRAM SUPPLIES 5094 5094 332750 158797 173953 0 37097 157676 1608 3363 0 28 38705 161067 0 0 X 0 0 0 0 38705 161067 38705 161067 38705 161067 122362 0 X 0 0 0 X 65379 97434 152589 201578 414695 931675 14821 25266 16271 18798 40417 115573 80200 122700 168860 220376 455112 1047248 0 44332 39000 73615 142545 299492 44332 39000 73615 142545 299492 747756 80200 122700 168860 220376 455112 1047248 0.71400 0.51960 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990, PART VI, SECTION A, LINE 2 NICHOLE MORGAN AND CLARENCE MORGAN III ARE MARRIED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND SUBMITTED TO THE BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C NEW BOARD MEMBERS REVIEW AND SIGN THE POLICY AS THEY JOIN THE BOARD. THE POLICY IS THEN REVIEWED ANNUALLY BY BOARD MEMBERS. IT IS THE BOARD MEMBERS' RESPONSIBILITY TO ALERT THE FULL BOARD OF ANY SITUATION WHICH COULD CREATE A POTENTIAL CONFLICT OF INTEREST. THE BOARD WOULD THEN TAKE APPROPRIATE ACTION IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS COMPARABLE DATA AND COMPENSATION FOR EACH POSITION BASED ON NATIONAL AND REGIONAL INFORMATION. THE BOARD THEN VOTES TO ACCEPT OR DENY COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION IS NOT REQUIRED TO PROVIDE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC; HOWEVER, THESE DOCUMENTS ARE PROVIDED TO CERTAIN GRANTORS/DONORS AS REQUESTED. THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE TO OTHER INTERESTED PARTIES UPON REQUEST. FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE ON GUIDESTAR AT WWW.GUIDESTAR.ORG.