2023-12-18T10:42:30-07:00 2023-06-30 990 2022-07-01 610479626 FUND FOR THE ARTS INC FUND 5025820100 623 W Main Louisville KY 40202 Janie Martin CFO/COO 5025820125 2023-12-18 1 1 11 0 AAL2 X 2022 2023-04-26 12:10:37Z Andre Guess 623 W Main Louisville KY 40202 7842859 0 X fundforthearts.org X 1945 KY Vision Statement: We envision a healthy and vibrant community where everyone embraces the art that exists in our lives every day, everyone contributes to the well-being of our arts community, and it is understood that everyone belongs to the arts community. Mission Statement: We contribute to the overall health and well-being of our community by generating resources for, investing in, and supporting our local arts, artists and arts organizations. 39 39 21 100 0 0 6096982 5454254 0 0 23398 287608 -11822 1335 6108558 5743197 4513346 4375249 0 0 1122610 1442729 0 0 805672 790519 624483 6426475 6442461 -317917 -699264 9833007 8780146 1073619 858726 8759388 7921420 At the Fund for the Arts, we believe that art is a right, not a privilege because art is a fundamental expression of the human condition. We envision a healthy and vibrant community where everyone embraces the art that exists in our lives every day, where everyone contributes to the well-being of our arts community, and where everyone belongs. Our Mission is to contribute to the overall health and well-being of our community by generating resources for, investing in, and supporting our local arts, artists and arts organizations. 0 0 5105180 4375249 5454254 At the Fund for the Arts, we believe that art is a right, not a privilege because art is a fundamental expression of the human condition. We envision a healthy and vibrant community where everyone embraces the art that exists in our lives every day, where everyone contributes to the well-being of our arts community, and where everyone belongs. Our Mission is to contribute to the overall health and well-being of our community by generating resources for, investing in, and supporting our local arts, artists and arts organizations. The Fund builds a stronger community by investing in a broad range of arts, artists and arts organizations and artistic programs across the region. We work with our community leaders to best leverage the impact of the arts on community priorities such as equity and belonging, education, sustainability and health and well-being. Beyond funding organizations, projects, and programs, we provide support through convening, capacity building, promotion and advocacy. To achieve this, we provide numerous programs for grant-making, in-kind resource support, and strategic planning for organizations that help empower every resident in our city to see themselves as an artist and a part of the city's artistic landscape. We continue to integrate equity and belonging further into the arts community as we help build capacity and access through our programs. Some of our programs and initiatives include: ARTS IN INSTITUTIONS The original Fund for the Arts initiative, Arts in Institutions is designed to invest in nonprofit arts organizations in the Greater Louisville area via the Sustaining Impact Grants. These grants provide unrestricted operating support to ensure the organization's ongoing capacity to fulfill their mission and drive community impact. All SIG recipients are required to illustrate their equity plan and efforts to diversify within their organization, as well as their efforts to support equity and inclusion in our community. In 2022, the Fund invested $3 million in 28 arts nonprofit organizations throughout the Greater Louisville area. Cultural Pass offers Greater Louisville families with children ages 0-21 access to arts and cultural activities, free of charge, all summer long. Cultural Pass is an innovative endeavor to promote a lifelong love of art and culture to young people, expand access to these organizations and arts providers, and improve summer learning in our community. On average, over 40,000 passes are distributed per summer, resulting in over 66,000 unique arts experiences for our community members. For 10 years, Cultural Pass has been a unique collaboration between Fund for the Arts, Louisville's Arts and Culture Alliance, Louisville Metro Government, Louisville Free Public Library, and additional regional library systems. ARTS IN LEARNING Arts in Learning supports investments in curriculum-based arts programs in schools and other learning environments for all ages, expanding access and learning through arts for students across the Greater Louisville area. Research from Americans for the Arts shows that not only do students engaged in arts programming achieve at higher and more consistent levels, but that young people's arts involvement drastically improves mental and physical health, graduation rates, and civic engagement. At the core of Arts in Learning is better cultural understanding, improved test scores, increased engagement, and critical learning skills. 5x5 and Teacher Artist Grants (TAG) provide funding to K-12 teachers and schools to enhance their classroom instruction with arts programming and experiences throughout the Fund for the Arts service area. These opportunities complement what students learn in the classroom and meet them where they are in out-of-school programming. In 2022, over 48,900 students across 155 schools were given arts-based experiences through the 345 grants awarded. ARTS IN NEIGHBORHOODS Arts in Neighborhoods supports programming and funding for community-centric arts events and experiences, community engagement activities, and mini-grants for existing event sponsorship. Our neighborhoods are rich, vibrant communities where people play, work, and create. When we partner alongside civic, arts, and neighborhood leaders to support and create intergenerational arts experiences within the neighborhoods themselves, we experience higher outcomes in building and reinforcing strong, healthy neighborhoods. In 2022, Fund for the Arts worked with 9 civic and neighborhood partners to cohost 3 free, multigenerational arts celebrations. Combined, these events amplified the work of 100+ individual artists and 20+ arts organizations. I AM AN ARTIST. I Am An Artist. is a campaign to inspire and empower individuals in our community to reclaim their artistic identity, often in ways they don't expect. I Am An Artist. seeks to remove thought barriers and restrictive understanding of what constitutes "art or artist," to think expansively about art and the things we create in our everyday lives. The I Am An Artist. exhibition, will open in the Fund for the Arts lobby in 2023, celebrates just a few of the over 600,000 incredible artists in the Greater Louisville area: the people who live, work, play, and create together in our City of Artists. We hope that by showcasing and uplifting more community members and their many artforms, everyone will be empowered to find their art and feel confident saying to the world, "I Am An Artist." The more people in our community who self-identify as artists, the more in-tune they become with the art that surrounds us, the more likely they are to participate through art in our neighborhoods, the more comfortable the entire community feels engaging in arts across the city, the more connected we become. 0 0 0 5105180 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 59 0 1 21 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 39 39 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X X Monica Beckmann 5025820122 623 W Main Louisville KY 40202 Andre Guess President & CEO 50 X 262373 0 0 Janie Martin CFO/COO 50 X 92256 0 0 James Allen Board Member 0.5 X 0 0 0 Josh Andersen Board Member 0.5 X 0 0 0 Cleo Battle Board Member 0.5 X 0 0 0 Neville Blakemore Board Member 0.5 X 0 0 0 Kristen Byrd Chair Investment Committee 1.0 X 0 0 0 Karan Chavis Board Member 0.5 X 0 0 0 Carolle Jones Clay Chair Governance & Nominating 0.5 X 0 0 0 Sarah Davasher-Wisdom Board Member 0.5 X 0 0 0 Wayne Davis Board Member 0.5 X 0 0 0 Charlie Farnsley Board Member 0.5 X 0 0 0 Erica Fields Board Member 0.5 X 0 0 0 Ed Glasscock Board Member 0.5 X 0 0 0 Jon Goldberg Board Member 0.5 X 0 0 0 Kim Halbauer Board Member 0.5 X 0 0 0 Justin Jackson Board Member 0.5 X 0 0 0 Brad Keeton Board Member 0.5 X 0 0 0 Todd Klimek Board Member 0.5 X 0 0 0 Mark Kull Board Member 0.5 X 0 0 0 Todd Lowe Board Member 0.5 X 0 0 0 Aaron Marcus Board Member 0.5 X 0 0 0 Brent McKim Board Member 0.5 X 0 0 0 Greg Pope Board Member 0.5 X 0 0 0 Teresa Reed Board Member 0.5 X 0 0 0 Charles Ritter Board Member 0.5 X 0 0 0 Yamilca Rodriguez Board Member 0.5 X 0 0 0 Victoria Russell Board Chair 0.5 X 0 0 0 Scott Schaftlein Board Member 0.5 X 0 0 0 Linda Schuster Co-Chair Community Investment Committee 0.5 X 0 0 0 Carl Thomas Board Member 0.5 X 0 0 0 Paul Thompson Board Member 0.5 X 0 0 0 Kelly Watson Co-Chair Community Investment Committee 0.5 X 0 0 0 Mary Beth Warner Board Member 0.5 X 0 0 0 Mark Wheeler Board Member 0.5 X 0 0 0 David Wombwell Chair Finance Committee 0.5 X 0 0 0 Terry Wright Board Member 0.5 X 0 0 0 Nicole Yates Incoming Board Chair 0.5 X 0 0 0 Phillip Poindexter Board Member 0.5 X 0 0 0 354629 0 0 2 0 1 0 0 0 0 0 1310124 4144130 54721 5454254 0 -295901 -295901 0 0 0 0 0 0 0 0 0 0 24822 0 23642 0 1180 0 1180 1180 0 0 2659529 0 2076020 0 583509 0 583509 583509 0 0 0 155 155 0 0 155 5743197 288943 0 0 4375249 4375249 0 0 0 0 0 0 408252 163301 116590 128361 0 0 0 0 847854 341803 123177 382874 9692 3494 1505 4693 89193 32155 13850 43188 87738 36089 15905 35744 0 0 0 0 0 0 0 0 18100 0 18100 0 0 0 0 0 0 0 0 0 0 0 48496 2200 1600 44696 0 0 0 0 43345 18423 6771 18151 111498 40011 14705 56782 15445 15445 0 0 94647 30163 34759 29725 23856 10139 3726 9991 0 0 0 0 24363 8924 12254 3185 0 0 0 0 0 0 0 0 0 0 0 0 23383 9938 3652 9793 Events & Performers 13260 6510 0 6750 I Am An Artist Marketing 163136 500 162636 0 Financial Service Fees 16489 0 0 16489 Print & Marketing 44582 28394 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Arts in Institutions, Neighborhoods & Education Actors Theatre of Louisville 315 West Main Street Louisville KY 40202 610645030 501 (c)3 711800 Arts in Institutions, Neighborhoods & Education American Printing House for the Blind 1839 Frankfort Ave Louisville KY 40206 610444640 501 (c)3 5555 Arts in Institutions Americana World Community Center 4801 Southside Drive Louisville KY 40214 611251306 501 (c)3 16000 Arts in Institutions, Neighborhoods Appalshop 91 Madison Ave Whitesburg KY 41858 610890210 501 (c)3 20694 Arts in Neighborhoods Arts Alliance Southern Indiana 820 East Market Street New Albany IN 47150 351383333 501 (c)3 14267 Arts in Institutions Backside Learning Center 3131 S 2nd St No 389 Louisville KY 40208 371803514 501 (c)3 28500 Arts in Education Belle of Louisville Riverboats 401 West River Rd Louisville KY 40202 611498961 501 (c)3 8962 Arts in Institutions Bullitt County Public Schools 1040 Highway 44 East Shepherdsville KY 40165 616001357 GOV 6007 Arts in Education Bunbury Repertory Theatre Comp 604 So Third Street Louisville KY 40202 611105681 501 (c)3 9372 Arts in Institutions Carnegie Center for Art & History 201 East Spring Street New Albany IN 47150 351745767 501 (c)3 5841 Arts in Neighborhoods Center For Neighborhoods 1126 Berry Blvd Suite 300 Louisville KY 40215 610889003 501 (c)3 18000 Arts in Neighborhoods Commonwealth Theatre Center 1123 Payne Street Louisville KY 40204 610902733 501 (c)3 104743 Arts in Institutions, Education Down Syndrome of Louisville 5001 S Hurstbourne Parkway Louisville KY 40291 611214126 501 (c)3 6000 Arts in Education Father Maloneys Boys Haven 2301 Goldsmith Ln Louisville KY 40218 610479621 501 (c)3 15000 Arts in Education Foundation for Appalachian Kentucky 420 Main Street Hazard KY KY 41701 611329396 501 (c)3 45000 Arts in Neighborhoods Gamez de Francisco LLC 904 Rita Avenue N Lehigh Acres FL 33971 882903464 501 (c)3 12592 Arts in Neighborhoods Greater Clark County Schools 2112 Utica Sellersburg Road Jeffersonville IN 47130 351151414 GOV 9542 Arts in Education Heuser Hearing 117 E Kentucky Street Louisville KY 40203 611383955 501 (c)3 13000 Arts in Education Highview Arts Inc Outer Loop Plaza Theatre 6625 Brook Valley Drive Louisville KY 40228 872002355 501 (c)3 30500 Arts in Neighborhoods Holy Trinity School 501 Cherrywood Rd Louisville KY 40207 610507073 501 (c)3 12000 Arts in Education Home of the Innocents 1100 E Market Street Louisville KY 40206 610445834 501 (c)3 17500 Arts in Education IDEAS xLab 204 S Floyd St Louisville KY 40202 463469821 501 (c)3 23429 Arts in Institutions Jefferson County Public Schools Van Hoose Education Center 3332 Newburg Road Louisville KY 40218 616001316 GOV 262519 Arts in Education Kentucky Center for African American Heritage 1701 Muhammad Ali Blvd Louisville KY 40203 611279400 501 (c)3 34720 Arts in Institutions Kentucky Derby Museum 704 Central Avenue Louisville KY 40208 311023459 501 (c)3 7925 Arts in Institutions Kentucky Opera 708 Magazine Street Louisville KY 40203 610601311 501 (c)3 205400 Arts in Institutions Kentucky Science Center 727 W Main St Louisville KY 40202 311005850 501 (c)3 15511 Arts in Institutions Kentucky Shakespeare 616 Myrtle Street Louisville KY 40208 616036654 501 (c)3 140854 Arts in Institutions, Neighborhoods & Education KMAC Museum 715 West Main Street Louisville KY 40202 610985312 501 (c)3 119779 Arts in Institutions Looking for Lilith Theatre Com 312 Crescent Avenue Louisville KY 40206 300135891 501 (c)3 19800 Arts in Institutions & Education Louisville Academy of Music 2740 Frankfort Avenue Louisville KY 40206 610530107 501 (c)3 22756 Arts in Institutions Louisville Ballet 315 East Main Street Louisville KY 40202 616033779 501 (c)3 322406 Arts in Institutions, Neighborhoods & Education Louisville Central Community Center 1300 West Muhammad Ali Blvd Louisville KY 40203 610590743 501 (c)3 20000 Arts in Neighborhoods Louisville Folk School 113 No Clifton Avenue Louisville KY 40206 833194321 501 (c)3 8384 Arts in Institutions, Neighborhoods & Education Louisville Metro Parks Community Centers 527 West Jefferson Street Louisville KY 40202 204372292 GOV 406837 Arts in Neighborhoods Louisville Nature Center 3745 Illinois Ave Louisville KY 40213 616036081 501 (c)3 5052 Arts in Institutions Louisville Story Program 851 S Fourth St Louisville KY 40203 475237414 501 (c)3 33100 Arts in Institutions, Neighborhoods & Education Louisville Visual Art 1538 Lytle Street Louisville KY 40203 610492348 501 (c)3 125072 Arts in Institutions & Education Louisville Youth Choir 3105 Lexington Road Louisville KY 40206 616058143 501 (c)3 22165 Arts in Institutions & Education Louisville Youth Orchestra PO Box 997 Louisville KY 40202 610597184 501 (c)3 51595 Arts in Institutions & Education Louisville Zoo 1100 Trevilian Way Louisville KY 40205 310971742 GOV 23000 Arts in Institutions Maryhurst 1015 Dorsey Ln Louisville KY 40223 311542209 501 (c)3 9000 Arts in Education Muhammad Ali Center 144 No Sixth Street Louisville KY 40202 611323046 501 (c)3 8959 Arts in Institutions New Albany Floyd County Schools 2813 Grantline Road New Albany IN 47150 356005953 501 (c)3 10250 Arts in Education Pandora Productions PO Box 4185 Louisville KY 40204 201012066 GOV 28050 Arts in Institutions Portland Museum 2308 Portland Avenue Louisville KY 40212 237422794 501 (c)3 17271 Arts in Institutions River City Drum Corp 3308 Chauncey Avenue Louisville KY 40211 550820407 501 (c)3 14000 Arts in Institutions Smoketown Family Wellness Center 760 S Hancock St Ste B100 Louisville KY 40203 474155748 501 (c)3 7500 Arts in Neighborhoods Speed Art Museum 2035 So Third Street Louisville KY 40208 610444823 501 (c)3 97233 Arts in Institutions Squallis Puppeteers PO Box 4987 Louisville KY 40204 421552694 501 (c)3 13200 Arts in Institutions & Education StageOne Family Theatre 315 West Market Street Suite 25 Louisville KY 40202 610466715 501 (c)3 242008 Arts in Institutions & Education Summit Academy 11508 Main St Louisville KY 40243 611214457 501 (c)3 13750 Arts in Education The Falls of the Ohio Foundation 201 W Riverside Drive Clarksville IN 47129 311214133 501 (c)3 8343 Arts in Institutions The Lou Tate Foundation 328 Kenwood Hill Road Louisville KY 40214 610961553 501 (c)3 11735 Arts in Institutions, Neighborhoods The Louisville Orchestra 624 West Main Street Suite 400 Louisville KY 40202 616000384 501 (c)3 596285 Arts in Institutions USPIRITUS INC 3121 Brooklawn Campus Drive Louisville KY 40218 610471572 501 (c)3 43000 Arts in Education Visually Impaired Preschool Services 1906 Goldsmith Lane Louisville KY 40218 611061973 501 (c)3 10000 Arts in Education West Louisville Performing Art 1701 W Muhammad Ali Blvd Louisville KY 40203 611181511 501 (c)3 16000 Arts in Institutions Young Authors Greenhouse Inc 2509 Portland Avenue Louisville KY 40212 822878352 501 (c)3 13681 Arts in Institutions, Neighborhoods & Education 60 0 Schedule I, Part I, Line 2 Fund for the Arts makes grant awards based on competitive grant application processes where grant applicants apply for specific grant awards based on identified criteria. Grant review committees consisting of community members and Board members, review the applications according to the specified criteria and make recommendations for the grant awards. Monitoring is done through required project/operation completion and impact of funding (i.e. outcome reporting) according to executed grant agreements. Additional specific follow-up, if any, is determined based on the size of grant, purpose, and knowledge of the grantee organization. X X X 0 0 0 0 0 0 0 0 0 Andre Guess President & CEO 225000 0 50000 0 0 0 -27000 0 14373 0 262373 0 122474 0 X Advertising space 2 54721 market value 0 0 1 0 Form 990, Part VI, Section A, Line 2 Board Member, Martin Pollio and Board Member, Diane Porter, business relationship Form 990, Part VI, Section A, Line 4 The corporation Bylaws were updated, and Board approved on June 20, 2023. The review and revision process was led by the Governance & Nominating Committee with support from the Equity Committee. Form 990, Part VI, Section B, Line 11b A group consisting of the organization's Board Chair, CEO, Chair of the Compensation Committee, Chair of the Finance Committee and at least two other members of the Finance Committee are provided with a draft of the Form 990 for review prior to its finalization. A copy of the finalized return is made available to all voting Board members prior to being filed with the IRS. Form 990, Part VI, Section B, Line 12c Annually, the Fund for the Arts, provides a copy of the COI Policy to all Directors and Officers. Directors and Officers are required to read and comply with the policy which requires, at a minimum, annual disclosure of outside activities and relationships which could give rise to a potential conflict. This is then used by the organization's management in its ongoing monitoring of potential conflicts. In addition, the COI Policy requires that a director or Officer provide full disclosure of any conflicts or perceived conflicts as defined in the Policy and recuse him/herself from participation in the decision-making or vote regarding the affected transaction. Form 990, Part VI, Section B, Line 15 Each year the Fund for the Arts' Compensation Committee reviews the compensation arrangements for the CEO. They also review the CEO's recommendation regarding compensation for other leadership team members and the CFO. The Committee is comprised of the Board Chair and Committee Chairs from Compensation, Finance, Governance & Investment. The Committee, uses comparability data and documents the deliberations and recommendations. The compensation arrangements are reviewed/approved prior to changes being implemented. Form 990, Part VI, Section C, Line 19 The most current audited financial statements are available on the Fund for the Arts' website. Articles of Incorporation are on file with the KY Secretary of State. The Conflict-of-Interest Policy and Bylaws are available upon request. Form 990, Part XI, Line 9 Allowance for uncollectable pledges $21,129 less $4 rounding The return has a timely filed extension.