2025-03-05T10:52:29-05:00 2024-12-31 830949245 H2 ADVISORS 101 NE 1ST AVE OCALA FL 344706655 990EZ 2024-01-01 474614706 MAGNOLIA ART XCHANGE INC MAGN 3522079067 531 NE 1ST AVE OCALA FL 34470 BARBARA FITOS PRESIDENT 4125962577 2025-02-07 true true DAVID M HOFFMAN CPA P00129005 3523558333 2025-02-24 2024 2025-03-06 01:10:19Z X X WWW.MAXOCALA.ORG X X 24290 X 19449 4841 24290 4013 16661 2300 383 9661 33018 -8728 119187 110459 X 118352 109206 1368 1368 119720 110574 533 115 119187 110459 X THE MAGNOLIA ART EXCHANGE, INC. WILL PROVIDE OPPORTUNITIES FOR ART APPRECIATION AND EDUCATION BY PROVIDING WORKING ART STUDIOS, INSTRUCTIONAL SPACES, AND EXHIBITION OPPORTUNITIES FOR VISUAL ARTISTS IN A COLLABORATIVE HUB THAT ENCOURAGES PROFESSIONAL DEVELOPMENT. OBJECTIVES ARE TO CONTRIBUTE TO THE CULTURAL, EDUCATIONAL, AND ECONOMIC VITALITY OF OCALA/MARION COUNTY BY: SUPPORTING THE PROFESSIONAL GROWTH AND EDUCATION OF ARTISTS, ENHANCING AND EXPANDING THE CULTURAL CAMPUS LOCATED WITHIN OCALA'S CENTRAL BUSINESS DISTRICT, PROVIDING CITIZENS AND VISITORS WITH THE OPPORTUNITY TO ENGAGE ARTISTS, LEARN AND VIEW THE PROCESS FOR CREATING FINE ART, AND EXPERIENCE THE INTERSECTION OF ART AND COMMUNITY, SUPPORTING THE COMMUNITY'S COMMITMENT TO THE ARTS AND SUPPORTING THE CITY OF OCALA'S ECONOMIC GOALS BY DRAWING VISITORS AND RESIDENTS TO THE CENTRAL BUSINESS DISTRICT AND TO RETAIL AND COMMERCIAL ESTABLISHMENTS. DURING 2019 THE MAGNOLIA ART EXCHANGE, INC'S LARGEST ACCOMPLISHMENT HAS BEEN DEVELOPING IT'S MARKETING PLAN AND PUTTING INFRASTRUCTURE IN PLACE TO REACH IT'S FUTURE FUNDRAISING GOALS AND IMPLEMENT PARTNERSHIPS WITHIN OUR COMMUNITY. THE 2019 EXPENSES HAVE BEEN FOR GENERAL BUSINESS AND ADMINISTRATIVE ITEMS. THERE WERE NO PROGRAM RELATED REVENUE AND/OR EXPENSES. 26933 26933 BARBARA FITOS PRESIDENT 000.00 0 OLIVIA ORTIZ DIRECTOR 000.00 0 GREG WESOLOWSKI VP 000.00 0 HEIDI GREGORI TREASURER 000.00 0 JAMES MARTIN DIRECTOR 000.00 0 DARIAN MOSLEY SECRETARY 000.00 0 CHRIS HERSCHBERGER DIRECTOR 000.00 0 HOLLY YOCUM DIRECTOR 000.00 0 MALCOLM OMARI DAVIS DIRECTOR 000.00 0 HEIDI GREGORI DIRECTOR 000.00 0 EMILY PARKMAN DIRECTOR 000.00 0 ANDREAS GARCIA DIRECTOR 000.00 0 false false false false false false false false false HEIDI GREGORI 828 NE 11TH AVE OCALA FL 34470 3522079067 false false false false false false false false false false false NONE NONE true X 25147 11710 22460 19449 78766 4841 4841 25147 11710 22460 24290 83607 83607 25147 11710 22460 24290 83607 X FORM 990-EZ, PART I, LINE 10 4,013 FORM 990-EZ, PART I, LINE 16 EXPENSES ADVERTISING 652 BUSINESS REGISTRATION FEES 318 PROCESSING FEES 1,266 SUPPLIES 908 PAYROLL FEES 1,137 SERVICE COST 150 ARTIST SUPPLIES 193 FOOD 314 JANITORIAL SUPPLIES 86 BOOKS, SUBSCRIPTIONS, REFER 918 INSURANCE 2,924 MEMBERSHIP AND DUES 228 SQUARE FEES 217 SPECIAL EVENTS 350 TOTAL 9,661 FORM 990-EZ, PART II, LINE 24 EQUIPMENT 1,368 1,368 TOTAL 1,368 1,368 FORM 990-EZ, PART II, LINE 26 CREDIT CARD 533 115 FORM 990-EZ, PART III THE MAGNOLIA ART EXCHANGE, INC. WILL PROVIDE OPPORTUNITIES FOR ART APPRECIATION AND EDUCATION BY PROVIDING WORKING ART STUDIOS, INSTRUCTIONAL SPACES, AND EXHIBITION OPPORTUNITIES FOR VISUAL ARTISTS IN A COLLABORATIVE HUB THAT ENCOURAGES PROFESSIONAL DEVELOPMENT. OBJECTIVES ARE TO CONTRIBUTE TO THE CULTURAL, EDUCATIONAL, AND ECONOMIC VITALITY OF OCALA/MARION COUNTY BY: SUPPORTING THE PROFESSIONAL GROWTH AND EDUCATION OF ARTISTS, ENHANCING AND EXPANDING THE CULTURAL CAMPUS LOCATED WITHIN OCALA'S CENTRAL BUSINESS DISTRICT, PROVIDING CITIZENS AND VISITORS WITH THE OPPORTUNITY TO ENGAGE ARTISTS, LEARN AND VIEW THE PROCESS FOR CREATING FINE ART, AND EXPERIENCE THE INTERSECTION OF ART AND COMMUNITY, SUPPORTING THE COMMUNITY'S COMMITMENT TO THE ARTS AND SUPPORTING THE CITY OF OCALA'S ECONOMIC GOALS BY DRAWING VISITORS AND RESIDENTS TO THE CENTRAL BUSINESS DISTRICT AND TO RETAIL AND COMMERCIAL ESTABLISHMENTS. FORM 990-EZ, PART III, LINE 28 DURING 2019 THE MAGNOLIA ART EXCHANGE, INC'S LARGEST ACCOMPLISHMENT HAS BEEN DEVELOPING IT'S MARKETING PLAN AND PUTTING INFRASTRUCTURE IN PLACE TO REACH IT'S FUTURE FUNDRAISING GOALS AND IMPLEMENT PARTNERSHIPS WITHIN OUR COMMUNITY. THE 2019 EXPENSES HAVE BEEN FOR GENERAL BUSINESS AND ADMINISTRATIVE ITEMS. THERE WERE NO PROGRAM RELATED REVENUE AND/OR EXPENSES.