2024-11-14T08:58:34-08:00 2023-12-31 232706331 JOHN E MCGOVERN & ASSOCIATES PC 4109 MAIN STREET PHILADELPHIA PA 19127 990 2023-01-01 231633530 ABINGTON ART CENTER ABIN 2158874882 515 MEETINGHOUSE ROAD JENKINTOWN PA 19046 ROSALIE GUZOFSKY EXECUTIVE DIRECTOR 2158874882 2024-11-06 true true JOHN E MCGOVERN CPA MST P00321253 2154835555 2024-11-14 2023 2024-10-15 13:58:12Z ROSALIE GUZOFSKY 515 MEETINGHOUSE ROAD JENKINTOWN PA 19046 391040 false X WWW.ABINGTONARTCENTER.ORG X 1939 PA THE ABINGTON ART CENTER IS A NON-PROFIT ORGANIZATION WHOSE PURPOSE IS TO PROVIDE AND ENCOURAGE PROGRAMS AND ACTIVITIES FURTHERING ART APPRECIATION INCLUDING EXHIBITIONS, ARTS AND 9 9 18 45 0 0 78817 46414 483298 315568 1096 640 28418 563211 391040 825 0 322478 192703 0 9109 406484 256702 728962 450230 -165751 -59190 1543695 1447446 664297 627238 879398 820208 X TO PROVIDE VISUAL ARTS AND CULTURAL PROGRAMS FOR THE COMMUNITY, INCLUSIVE OF ALL AGE GROUPS, INCLUDING EXHIBITIONS, STUDIO CLASSES, PUBLIC PROGRAMS, PERFORMANCES, LECTURES, ARTISTS DISCUSSIONS, AND OUTREACH FOR SPECIAL NEEDS AUDIENCES. THE CENTER SERVES OVER 25,000 PEOPLE EACH YEAR. false false 145979 0 196254 CLASSES AND SPECIAL PROGRAMS: OVER 300 CLASSES AND WORKSHOPS ARE OFFERED THROUGHOUT THE YEAR FOR AGES 5 TO 95+ IN PAINTING, DRAWING, PRINTMAKING, CERAMICS, JEWELRY, AND OTHER SPECIAL TOPICS. WE RESUMED OUR PROGRAMS GO BACK TO THE PRE COVID CONDITIONS. 59251 0 93231 RENTALS: THE ABINGTON ART CENTER(AAC) RENTS ITS FACILITIES TO MEMBERS FOR HOSTING WEDDINGS, MITZVAHS, CORPORATE RETREATS, FUNDRAISERS, FAMILY REUNIONS, BIRTHDAY PARTIES, AND CHILDRENS ART PARTIES. AAC ALSO RENTS OUR OUTSIDE PAVILION AND STAGE FOR THEATER REHEARSALS AS WELL AS DANCE RECITALS AND PROMS FOR LOCAL SCHOOLS. 60623 0 19274 COMMUNITY PROGRAMS: THE ABINGTON ART CENTER HOSTS SEVERAL COMMUNITY PROGRAMS, INCLUDING THE ANNUAL SUMMER CONCERT SERIES, WHICH ARE FREE, WEEKLY EVENING CONCERTS DURING JULY. AAC HOSTS CRAFT FAIRS IN SPRING AND WINTER FOR LOCAL ARTISTS TO SHOWCASE AND SELL THEIR ART TO THE PUBLIC. 20357 0 6298 SCULPTURE PARK AND GALLERY EXHIBITIONS: THE CENTER OFFERED REGIONAL ARTISTS DEVELOPMENT OPPORTUNITIES WHILE ENGAGING THE PUBLIC IN THE UNDERSTANDING AND APPRECIATION OF CONTEMPORARY ART. THE SCULPTURE PARK INCLUDES 27 ACRES AND FEATURES ENVIRONMENTAL BASED WORK; THE FOUR GALLERIES INCLUDE SOLO AND GROUP SHOWS WITH RELATED FAMILY PROGRAMS, ARTIST TALKS, AND TOURS. 20357 0 6298 286210 true true false false false false false true false false true false false true false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 44 0 18 true false false false false false false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true true true true true false false PA X MANAGEMENT 2158874882 515 MEETINGHOUSE ROAD JENKINTOWN PA 19046 X Jocelyn Russell Wallace President 5.00 X X 0 0 0 Lenore Davies Vice President 5.00 X X 0 0 0 Joyce Stein Board Treasurer 2.00 X X 0 0 0 Nathalie Peeters Board Secretary 5.00 X X 0 0 0 Yoni Hirt Board Member 2.00 X 0 0 0 Ronald Resnikoff Board Member 2.00 X 0 0 0 Amy Ricci Board Member 2.00 X 0 0 0 John Rosenthal Board Member 2.00 X 0 0 0 Stuart Winegrad Board Member 2.00 X 0 0 0 ROSALIE GUZOFSKY EXECUTIVE DIRECTOR 40.00 X 70044 0 0 JENNIFER CARDOSO DIRECTOR OF OPERATIONS 20.00 X 26617 0 0 96661 false false false 5170 13000 28244 100 46414 TUITION & PROGRAM FEES 611600 215528 0 0 FACILITY RENTAL 532000 93231 0 0 GALLERY & EXHIBITION SALES 611600 6809 0 0 315568 640 0 640 GAIN FROM INSURANCE PROCEEDS 611600 28418 0 0 28418 28418 391040 315568 0 29058 825 825 178242 130064 40557 7621 14461 10558 3265 638 4500 0 4500 0 92320 87404 4916 0 1578 397 1181 0 38724 23689 14620 415 23052 20747 2305 0 556 0 556 0 19225 0 19225 0 44330 0 44330 0 8691 4345 3911 435 REPAIRS, MAINTENANCE, & SECURITY 16104 1356 14748 0 COST OF SALES 6825 6825 0 0 DUES & TRAINING 782 0 782 0 BANK FEES 15 0 15 0 450230 286210 154911 9109 322605 86749 168296 680 0 534 3955 2607180 1574821 1086634 1032359 133242 156087 1543695 1447446 25669 29146 155386 89984 350000 350000 133242 158108 664297 627238 X 879398 820208 0 879398 820208 1543695 1447446 -59190 X false true X true false X 0 0 66564 67974 122172 78817 46414 381941 314089 121226 460666 483298 315568 1694847 0 0 28561 28561 28561 85683 409214 217761 611399 562115 361982 2162471 0 0 0 0 0 0 0 0 0 0 0 0 0 2162471 2 2 3 1096 640 1743 2 2 3 1096 640 1743 28418 28418 2192632 0.98620 0.99950 0.00080 0.00050 X Pt III Ln 12 Other Income Part III, Line 12 Description: OTHER INCOME 2023: 28418. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false 0 0 3743 1119 2624 1582269 897199 685070 127152 119036 8116 894016 557467 336549 1032359 RIGHT OF USE ASSETS 183762 ACCUMULATED AMORTIOZATION -27675 156087 SECURITY DEPOSIT 0 LEASE OBLIGATION - SHORT TERM 17939 LEASE OBLIGATION - LONG TERM 140169 158108 X 391040 391040 391040 450230 450230 450230 Pt III, Line 1a THE ART COLLECTION, WHICH WAS ACQUIRED THROUGH CONTRIBUTIONS SINCE THE CENTERS INCEPTION, IS NOT RECOGNIZED AS AN ASSET ON THE STATEMENT OF FINANCIAL POSITION. THE VALUE OF DONATED COLLECTION PIECES IS NOT RECORDED. ANY PURCHASES OR PROCEEDS FROM SALES WOULD BE REFLECTED AS INCREASES OR DECREASES IN THE APPROPRIATE NET ASSET CLASS IN THE YEAR SOLD, AS APPLICABLE. Pt III, Line 4 THE CENTERS ART COLLECTION IS COMPRISED OF DONATED ART OBJECTS USED FOR EDUCATIONAL AND CURATORIAL PURPOSES. THEY HAVE LITTLE OR NO MARKET VALUE. Pt X, Line 2 ER IS A PUBLIC CHARITABLE ORGANIZATION EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE CENTERS INCOME IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. ADDITIONALLY, THE COMPANY HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). AS REQUIRED BY FASB ACCOUNTING STANDARDS CODIFICATION, ENTITIES ARE REQUIRED TO DETERMINE WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITIES BEFORE ANY PART OF THE BENEFIT CAN BE RECORDED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE ON THE RECOGNITION, MEASUREMENT, AND CLASSIFICATION OF INCOME TAX UNCERTAINTIES, ALONG WITH ANY RELATED INTEREST OR PENALTIES. THIS STANDARD HAD NO IMPACT ON THE CENTERS FINANCIAL STATEMENTS. THE ORGANIZATIONS FEDERAL TAX RETURN IS SUBJECT TO AUDIT BY TAXING AUTHORITIES. THE ORGANIZATIONS RETURNS OPEN AUDIT PERIODS ARE FOR THE FISCAL YEARS ENDING MAY 31, 2020-2022. Pt VI, Line 11b A COMPLETE DRAFT COPY OF FORM 990 IS PROVIDED TO THE GOVERNING BOARD MEMBERS, WHO ARE GIVEN APPROXIMATELY TWO WEEKS TO COMMENT. ONCE ALL COMMENTS HAVE BEEN ADDRESSED, THE FINAL FORM 990 IS FILED. Pt VI, Line 12c THE GOVERNANCE COMMITTEE FOR THE ABINGTON ART CENTER IS RESPONSIBLE FOR MONITORING COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. Pt VI, Line 15a A COMMITTEE OF THE BOARD IS SELECTED TO PERFORM THE ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR. THE COMMITTEE CONSULTS WITH OTHER CULTURAL ORGANIZATION WEBSITES AS WELL AS THE NATIONAL SALARY REGISTERS. THEY THEN REPORT TO THE EXECUTIVE COMMITTEE, WHICH MAKES A RECOMMENDATION FOR THE FULL BOARDS APPROVAL WITH REGARDS TO COMPENSATION. Pt VI, Line 19 THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part III, Line 4d SCULPTURE PARK AND GALLERY EXHIBITIONS: THE CENTER 20357. 0. 6298. Form 990, Part IX, Line 11g INSTRUCTORS 76373. 74460. 1913. 0. Form 990, Part IX, Line 11g PROFESSIONAL FEES 2285. 0. 2285. 0. Form 990, Part IX, Line 11g ARTIST FEES 12227. 12227. 0. 0. Form 990, Part IX, Line 11g AMORTIZATION 738. 369. 369. 0. Form 990, Part IX, Line 11g INTEREST IMPUTED 140. 70. 70. 0. Form 990, Part IX, Line 11g EQUIPMENT LEASE 557. 278. 279. 0.