2024-11-04T11:05:23-06:00 2023-12-31 363168081 SIKICH LLC 1 CHURCH ST ROCKVILLE MD 208504163 990 2023-01-01 823894693 FREDERICK BOOK ARTS CENTER INC FRED 3012289816 127 SOUTH CARROLL ST FREDERICK MD 21701 SARA FRIEDMAN BOARD PRESIDENT & CFO 3012289816 2024-11-03 1 1 SUSAN J ROSENBERG P00059813 3017389040 2024-10-31 2023 2024-10-15 13:58:12Z X SARA FRIEDMAN 127 SOUTH CARROLL ST FREDERICK MD 21701 238840 0 X WWW.FREDERICKBOOKARTS.ORG X 2018 MD THE FREDERICK BOOK ARTS CENTER IS A 501(C)(3) NON-PROFIT ORGANIZATION ART CENTER. WE OPENED OUR DOORS FOR CLASSES TO HELP THE THRIVING ARTIST AND HOBBYIST COMMUNITY IN GREATER FREDERICK. WE SERVE OUR COMMUNITY THROUGH A VARIETY OF WAYS; WE OFFER HIGH-QUALITY CLASSES TAUGHT BY LOCAL AND VISITING ARTISTS AT PRICES MAINLY TO COVER MATERIAL-COST, WE OFFER A RETAIL SPACE FOR EXPERIENCED AND FLEDGLING ARTISTS TO SELL THEIR ART, WE RENT OUT WORKSPACE AND EQUIPMENT FOR ART THAT WOULD OTHERWISE BE INACCESSIBLE, WE OFFER LOW-COST OR NO-COST CLASSES TO REACH LOW INCOME MEMBERS OF THE COMMUNITY, AND SERVE TO EDUCATE THE GREATER FREDERICK COMMUNITY ABOUT BOOK ARTS. 7 7 4 25 0 0 179593 166418 10165 17597 1 3 54186 36156 243945 220174 0 0 0 0 66813 97741 0 0 308 198237 159937 265050 257678 -21105 -37504 161321 101322 10 60 161311 101262 X SEE SCHEDULE O 0 1 40272 17597 CLASSES: WE OFFER A RANGE OF CLASSES IN LETTERPRESS, BOOK ARTS, PRINTMAKING, BOOKBINDING, PHOTOGRAPHY AND PAPER ARTS. AT THE END OF 2023, FBAC MOVED INTO OUR NEW LOCATION AT 127 SOUTH CARROLL STREET A MUCH LARGER FACILITY FOR US TO WORK FROM. WE ALSO CONSOLIDATED THE SILKSCREEN STUDIO INTO OUR MAIN BUILDING. WE HAD A RE-OPENING IN MID-YEAR AND HAVE BEEN RUNNING CLASSES CONTINUOUSLY SINCE. THERE WAS A LOT OF REORGANIZATION OF EQUIPMENT AND SUPPLIES (AFTER THE MOVE) TO DO TO SET UP OUR NEW CLASSES. 21967 OUTREACH: FBAC HAS SEVERAL VENTURES THAT FALL UNDER OUTREACH INCLUDING SCHOOL VISITS, HOSTING LOCAL EVENTS, FIRST SATURDAYS, ARTISTS TALKS, AND SHOWS. OUR NEW LOCATION HAS A LARGE GALLERY SPACE, A STORE SPACE, AND A LARGE WORKSHOP AREA FOR COMMUNITY EQUIPMENT. FBAC ALSO EMPLOYED A NEW COMMUNITY STUDIO MANAGER TO OVERSEE THE OUTREACH EVENTS AND THE SETUP OF OUR SPACE. WE CONTINUE TO TAKE PART IN MANY EVENTS IN THE AREA SUCH AS THE PRIDE FESTIVAL AND FESTIVAL OF THE ARTS, AS WELL AS HOSTING OUR OWN COMMUNITY EVENTS. 10985 3609 RENTAL EQUIPMENT: FBAC HAS A FULL BOOK BINDERY IN OPERATION, A LETTERPRESS AREA, PRINTMAKING EQUIPMENT AND OTHER RESOURCES WHICH WE OFFER FOR RENTAL TO THE PUBLIC. ASSISTANCE AND TRAINING IS OFFERED BY STAFF AND VOLUNTEERS TO EDUCATE THE PUBLIC ON THE USE OF THIS EQUIPMENT THROUGH A RENTAL PROGRAM, TO ENSURE SAFETY. THIS SERVICE IS TO PROVIDE ACCESS TO NECESSARY TOOLS FOR ARTISTS AND OTHER MEMBERS OF THE PUBLIC TO CARRY OUT PROJECTS, WHICH THEY WOULD NOT OTHERWISE HAVE THE ABILITY TO DO WITHOUT OUR EQUIPMENT. 73224 1 1 0 0 0 0 0 0 0 0 1 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 0 1 16 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X X SARA FRIEDMAN 3012289816 127 SOUTH CARROLL ST FREDERICK MD 21701 X JOHNNY CARRERA CEO & BOARD MEMBER 40.00 X X 0 0 0 SARA FRIEDMAN CFO & BOARD PRES. 40.00 X X 0 0 0 LEE NEWMAN BOARD TREASURER 40.00 X X 0 0 0 GREG WILSON BOARD SECRETARY 2.00 X X 0 0 0 SUZANNE GROBBEL BOARD VICE PRESIDENT 2.00 X X 0 0 0 ALBERT B BARNHART JR BOARD MEMBER 2.00 X 0 0 0 PIERRE BOWINS BOARD MEMBER 2.00 X 0 0 0 0 0 0 0 0 0 0 0 5203 25331 135884 166418 COURSE REGISTRATION FE 611620 17597 17597 17597 3 3 21897 18666 3231 3231 INSURANCE FIRE REIMBUR 900099 32547 32547 EQUIPMENT SALES 900099 378 378 32925 220174 21206 0 32550 89846 9089 80757 7895 799 7096 3300 3300 246 214 32 2675 53 2346 276 4291 4291 60939 20210 40729 1253 94 1159 12290 12290 5341 5341 PROGRAM SUPPLIES 23789 23179 610 INSTRUCTORS 14787 14787 BANK CHARGES 10939 358 10581 UTILITIES 9423 2350 7073 10664 2305 8359 257678 73224 184146 308 43762 17943 37045 500 10704 18246 100671 54887 60060 45784 9750 18849 161321 101322 60 10 0 10 60 X 161311 101262 161311 101262 161321 101322 -37504 -22545 0 X 0 0 0 X 117552 85054 123184 181515 166418 673723 117552 85054 123184 181515 166418 673723 300798 372925 1 3 4 30017 32925 62942 736669 127543 0.50620 0.58630 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INSURANCE PROCEEDS AND EQUIPMENT SALES - 2022 AMOUNT: $ 30,017. 2023 AMOUNT: $ 32,925. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21310 1568 19742 79361 53319 26042 45784 SECURITY DEPOSIT 8434 PREPAID CREDIT CARDS 10405 OTHER ASSET 10 18849 FORM 990, PART III, LINE 1 SINCE 2018, FBAC HAS OFFERED A WIDE VARIETY OF HIGH-QUALITY CLASSES AND EVENTS. WE HOST SHOWS, ARTISTS TALKS, FIRST SATURDAY EVENTS, AND TAKE PART IN MANY OF THE EVENTS DURING THE YEAR IN THE BUSTLING FREDERICK COMMUNITY SUCH AS PRIDE FESTIVAL. OUR NONPROFIT WEATHERED THE YEARS OF COVID, AND HAS EMERGED A STRONGER ORGANIZATION WITH ADDED STAFF. IN 2023, WE HOSTED OVER 900 PEOPLE AT OUR CLASSES AND EVENTS, AND CONCENTRATED ON REBUILDING OUR MEMBERSHIP AND OUR BOARD (SEVERAL OF WHICH HAD CHANGES IN DUTIES DURING AND AFTER COVID AND COULD NO LONGER SERVE). AS A GROWING ORGANIZATION COMMITTED TO THE AREA, WE HAVE MOVED TOWARDS THE HIRING OF A NEW EXECUTIVE DIRECTOR (AS A PAID POSITION FOR THE FIRST TIME IN OUR ORGANIZATION). THIS WILL BE IN THE START OF 2025. ACCORDING TO THE DATA ON OUR CLASSES FROM 2023, OF THE 900+ (COMPARABLE TO LAST YEAR'S NUMBERS WITH LESS TIME OPEN) PEOPLE REACHED THROUGH OUR CLASSES, OVER 90% WERE FROM MD, OF WHICH OVER 60% ARE LOCATED IN THE IMMEDIATE FREDERICK AREA. AS FOR OUR SOCIAL MEDIA PRESENCE ON FACEBOOK (META), WE HAVE 4500+ (4300+ FROM THE PREVIOUS YEAR), WITH MOST BEING FROM THE GREATER FREDERICK AREA. OUR INSTAGRAM HAS 2600+ FOLLOWERS, AND WE ARE ACTIVE ON TWITTER (X) AND ARE BEGINNING BOTH YOUTUBE CHANNELS AND TIKTOK TO REACH YOUNGER AUDIENCES. OUR NEWSLETTER DELIVERED BY EMAIL HAS A REACH OF OVER 1000 PEOPLE, MOSTLY CONCENTRATED IN WESTERN MARYLAND. IN 2022, WE BEGAN THE RENOVATIONS OF A NEW BUILDING AT 127 SOUTH CARROLL STREET, ALONGSIDE THE OWNERSHIP OF S.C.O.F. LLC, IN A NEW LEASE WHICH BEGAN IN NOVEMBER 2023. THIS NEW BUILDING PROVIDES FBAC WITH A KEY LOCATION IN THE NEW CARROLL STREET CREATIVE DISTRICT (ALONGSIDE OTHER ORGS LIKE THE DELAPLAINE ARTS CENTER, AND SKYSTAGE), WITH MORE SPACE AND A CUSTOMIZED INTERIOR TO ACCOMMODATE ADA CUSTOMERS MORE READILY, AND TO GIVE US MORE SPACE, AS A GROWING ORGANIZATION, TO OFFER CLASSES AND EDUCATIONAL PROGRAMMING. WITH A CORE KEEN STAFF THAT HAVE WORKED TOGETHER FOR SEVERAL YEARS AND AN INCOMING ED, WE HAVE CONSOLIDATED OUR EFFORTS INTO ATTRACTING MORE CUSTOMERS AND ARTISTS FOR OUR PROGRAMS AND OUTREACH/COMMUNITY EQUIPMENT IN 2023. FORM 990, PART III, LINE 3 AT THE END OF 2023, FBAC MOVED LOCATIONS. SARA FRIEDMAN (BOARD, STAFF, COFOUNDER) AND HER HUSBAND MICHAEL FRIEDMAN ARE DISCLOSED AS BEING THE OFFICERS AND OWNERS OF SOUTH CARROLL OPPORTUNTY FUND, LLC WHICH HOLDS THE LEASE TO THE NEW LOCATION. SARA WAS RECUSED FROM ALL DISCUSSIONS INVOLVING THE LEASE, AND THE BOARD HAS INDEPENDENT COUNSEL FOR THE LEASE NEGOTIATIONS. THERE HAS BEEN A COMPLETELY, AT-ARMS-LENGTH NEGOTIATION WITH THE LEASE. RENT PAYMENTS FOR THE LEASE WERE NOT COLLECTED UNTIL 2024. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR PRESENTS THE 990 TO THE BOARD AS PROVIDED BY THE FINANCIAL DIRECTOR. ALL BOARD MEMBERS HAVE THE OPPORTUNITY TO REVIEW IF THEY WISH. THE FINANCE COMMITTEE (4 MEMBERS INCLUDING THE TREASURER AND OVERSEEN BY THE TREASURER) MEETS TO REVIEW THE 990 FORM AND GIVE ANY COMMENTS FOR FEEDBACK OR POSE ANY QUERIES TO THE ED AND THE FINANCIAL DIRECTOR. WHEN THIS IS ALL SATISFIED AND ANY CORRECTIONS ARE NOTED, THE FINANCIAL DIRECTOR AND TREASURER OVERSEE ANY TRANSMISSION TO THE ACCOUNTANTS. IF A MORE FINAL DOCUMENT IS REQUIRED (FROM CORRECTIONS), THEN THE PROCESS REPEATS. FORM 990, PART VI, SECTION B, LINE 12C ONGOING REVIEW BY EXECUTIVE COMMITTEE. ALL BOARD MEMBERS SIGN A CONTRACT TO ABIDE BY THIS AS WELL. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD DETERMINES COMPARABLES /OTHER DATA ALONG WITH THE EXECUTIVE DIRECTOR AND FINANCIAL DIRECTOR PRIOR TO ANY NEW HIRES AND FOR ONGOING EMPLOYEES. WHILE THE EXECUTIVE DIRECTOR OVERSEES ALL HIRES, AND THE FINANCIAL OFFICER OFFERS INPUT FOR THE INTERVIEWS AND COMPENSATION DATA, THE ED IS ULTIMATELY RESPONSIBLE FOR ALL HIRES AND ANSWERABLE TO THE BOARD. THE BOARD REVIEWS NEW HIRES AND DETERMINES IF ANY CHANGES ARE REQUIRED ON A YEARLY BASIS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE PROVIDED THROUGH CANDID.ORG.