2024-07-26T13:13:40-05:00 2023-12-31 341854260 CBIZ EBK 90 S CASCADE AVE STE 200 COLORADO SPRINGS CO 80903 990 2023-01-01 203132668 COTTONWOOD ARTISTS' SCHOOL COTT 7195201899 427 E COLORADO AVE COLORADO SPRINGS CO 80903 GLENN MCMAHON VICE PRESIDENT 7195201899 2024-07-18 1 1 BONNIE FARMER CPA P01255952 7195310445 2024-07-18 X 2023 2024-08-08 14:25:15Z GLENN MCMAHON 427 E COLORADO AVE COLORADO SPRINGS CO 80903 809127 0 X WWW.COTTONWOODCENTERFORTHEARTS.COM X 2005 CO COTTONWOOD ENGAGES THE PIKES PEAK REGION IN ART THROUGH LEARNING, EXHIBITS AND PERFORMANCES, HOSTING A DIVERSE CREATIVE COMMUNITY OF WORKSPACE FOR ARTISTS. 8 8 8 0 0 0 345159 27416 688628 776873 7440 1115 417331 3723 1458558 809127 0 0 0 0 309757 337379 0 0 15497 525570 516265 835327 853644 623231 -44517 2182125 2160607 576833 580563 1605292 1580044 X COTTONWOOD ENGAGES THE PIKES PEAK REGION IN ART THROUGH LEARNING, EXHIBITS AND PERFORMANCES, HOSTING A DIVERSE CREATIVE COMMUNITY OF WORKSPACE FOR ARTISTS. 0 0 660721 780596 MORE THAN 2,700 STUDENTS REGISTER YEARLY FOR COTTONWOOD ART CLASSES TAUGHT BY ARTISTS IN THE BUILDING AND PROFESSIONALS FROM THE COMMUNITY. A WIDE RANGE OF SUBJECTS IS OFFERED, INCLUDING TRADITIONAL MEDIUMS, SUCH AS WATERCOLOR PAINTING, LIFE DRAWING, POTTERY, AND PRINTMAKING, AND MORE NICHE COURSES, LIKE PINE NEEDLE BASKET WEAVING, CANDLE MAKING, WRAP JEWELRY, AND STAINED GLASS. THE CENTER HAS RECENTLY EXPANDED INTO THE LITERARY ARTS, WITH CREATIVE WRITING, POETRY, ZINE MAKING, AND PERSONAL NARRATIVE CLASSES. AND THOSE READY FOR THEIR CLOSE-UP WILL FIND FILM, ACTING, VOICE, AND MUSIC CLASSES. BUSINESS CLASSES RELATED TO SELLING ART, INCLUDING WEBSITE DESIGN AND MARKETING, ARE ALSO AVAILABLE.THE 132 ARTISTS IN THE BUILDING, WHOSE COMBINED RENT CONTRIBUTES ABOUT $31,000 IN MONTHLY INCOME, ARE DIVERSE IN THEIR INTERESTS, OFFERINGS, AND EDUCATION. THE CENTER WORKS TO MAINTAIN AN ENVIRONMENT RICH WITH FORMALLY EDUCATED ART STUDENTS - CURRENTLY, A DOZEN HOLD MASTER OF FINE ARTS DEGREES - BUT IT'S NOT A REQUIREMENT. THOSE WITH NO FORMAL EDUCATION ARE ALSO ENCOURAGED TO BECOME PART OF THE COLLECTIVE AND LEARN FROM THEIR MORE EXPERIENCED CONTEMPORARIES. MANY PARTICIPATE IN MONTHLY CRITIQUES AND THE ARTIST CAFE; A SPACE DESIGNED TO CHALLENGE 3ND ENCOURAGE.MULTIPLE GALLERIES THROUGHOUT THE BUILDING SHOWCASE PROFESSIONAL ARTISTS AND THOSE JUST FINDING THEIR FOOTING. MONTHLY SHOWS FEATURE SOLO EXHIBITS, GROUP SHOWS, AND SELECTIVE JURIED SHOWS WITH A WIDE RANGE OF CONTEMPORARY THEMES. COTTONWOOD ALSO FINDS INNOVATIVE WAYS TO MAKE ART AVAILABLE, SUCH AS A DRIVE-BY EXHIBIT IN THE PARKING LOT DURING THE PANDEMIC.ADDITIONAL EVENTS PROVIDE ANOTHER REVENUE STREAM FOR COTTONWOOD AND HELP CONNECT THE CENTER TO THE COMMUNITY. OFFERINGS INCLUDE COLORADO FARM AND ART MARKETS, WHICH BRING IN 1,000 VISITORS EVERY MONTH FROM NOVEMBER TO MARCH, ART PARTIES FOR KIDS AND ADULTS, LIVE MUSIC, SPOKEN WORD POETRY PERFORMANCES, WEDDING RECEPTIONS, AND FUNDRAISERS. 660721 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 1 29 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 7195201899 427 E COLORADO AVE COLORADO SPRINGS CO 80903 CARI HANRAHAN PRESIDENT 2.00 X X 0 0 0 DENISE NOBLE MEMBER 0.50 X 0 0 0 TODD HEIN MEMBER 0.50 X 0 0 0 GLENN MCMAHON VICE PRESIDENT 1.00 X X 0 0 0 TRICIA MUEHLBAUER MEMBER 0.50 X 0 0 0 ANNA REVOLINSKY TREASURER 1.00 X X 0 0 0 ZACH KROGER MEMBER 0.50 X 0 0 0 RACHEL GARDNER MEMBER 0.50 X 0 0 0 JON KHOURY EXECUTIVE DIRECTOR 40.00 X 132000 0 3960 132000 0 3960 1 0 0 0 0 27416 120 27416 STUDIO RENTAL 531120 388587 388587 CLASSES/WORKSHOPS 611600 295174 295174 SALE OF ART WORK 611610 93112 93112 776873 1115 1115 MISCELLANEOUS 900099 3723 3723 3723 809127 780596 0 1115 X 135960 51480 83160 1320 172969 142488 28755 1726 3635 3635 24815 18363 5211 1241 4607 3366 421 820 4574 4574 10052 4964 4966 122 25000 22500 1750 750 48193 43374 3373 1446 18653 14922 1866 1865 INSTRUCTOR FEES 156084 156084 UTILITIES 59149 47323 10094 1732 ARTWORK REIMBURSEMENT 51140 51140 REPAIRS & MAINTENANCE 42785 25519 16599 667 96028 74624 17596 3808 853644 660721 177426 15497 59593 59916 140104 175808 14716 7225 4450 2589 2010673 106680 1949879 1903993 3000 3000 10383 8076 2182125 2160607 35779 32832 500000 500000 41054 47731 576833 580563 X 1605292 1580044 1605292 1580044 2182125 2160607 -44517 19269 0 X 0 0 0 X 40421 93302 364224 345159 27416 870522 530998 501592 615580 688628 776873 3113671 571419 594894 979804 1033787 804289 3984193 5250 3500 200 16600 420 25970 0 5250 3500 200 16600 420 25970 3958223 96 22472 26610 7440 1115 57733 96 22472 26610 7440 1115 57733 3829277 11309 3778 417331 3723 4265418 4400792 628675 1010192 1458558 809127 8307344 0.47650 0.48670 0.00690 0.00670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 259513 259513 1711344 72399 1638945 39816 34281 5535 1903993 RENTAL DEPOSITS 29000 GIFT CERTIFICATES 15731 EARNEST MONEY 3000 47731 FORM 990, PART VI, SECTION A, LINE 8B COMMITTEES ARE NOT AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS APPROVED ONLINE VIA ELECTRONIC VOTE. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED AT LEAST ONCE A YEAR AT THE BOARD OF DIRECTORS MEETING AND WHEN NEW BOARD MEMBERS ARE ELECTED. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR SALARY IS REVIEWED AND SET BY THE BOARD OF DIRECTORS USING COMPARISONS WITH OTHER NON-PROFIT ORGANIZATIONS FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS REQUIRED TO BE OPEN TO PUBLIC INSPECTION ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION OFFICE FORM 990, PART IX, LINE 24E LEAF CURATION: PROGRAM SERVICE EXPENSES 21,192. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,192. BANK FEES: PROGRAM SERVICE EXPENSES 13,616. MANAGEMENT AND GENERAL EXPENSES 5,152. FUNDRAISING EXPENSES 536. TOTAL EXPENSES 19,304. PROPERTY TAXES: PROGRAM SERVICE EXPENSES 13,022. MANAGEMENT AND GENERAL EXPENSES 1,012. FUNDRAISING EXPENSES 436. TOTAL EXPENSES 14,470. COMMUNITY/STAFF DEVELOPMENT: PROGRAM SERVICE EXPENSES 990. MANAGEMENT AND GENERAL EXPENSES 5,305. FUNDRAISING EXPENSES 778. TOTAL EXPENSES 7,073. OUTSIDE CURATION: PROGRAM SERVICE EXPENSES 6,473. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,473. TELEPHONE: PROGRAM SERVICE EXPENSES 3,818. MANAGEMENT AND GENERAL EXPENSES 2,418. FUNDRAISING EXPENSES 127. TOTAL EXPENSES 6,363. OTHER PROGRAM COSTS: PROGRAM SERVICE EXPENSES 5,053. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,053. CLASSES AND WORKSHOP SUPPLIES: PROGRAM SERVICE EXPENSES 3,585. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,585. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 2,875. MANAGEMENT AND GENERAL EXPENSES 669. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,544. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,749. FUNDRAISING EXPENSES 85. TOTAL EXPENSES 2,834. WORKERS COMP INSURANCE: PROGRAM SERVICE EXPENSES 2,062. MANAGEMENT AND GENERAL EXPENSES 291. FUNDRAISING EXPENSES 73. TOTAL EXPENSES 2,426. FUNDRAISING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 1,773. TOTAL EXPENSES 1,773. MODELS: PROGRAM SERVICE EXPENSES 1,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,500. THEATER AND OTHER PROGRAM EXP: PROGRAM SERVICE EXPENSES 238. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 238. DONATIONS: PROGRAM SERVICE EXPENSES 200. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 200.