2025-02-11T15:26:43-06:00 2024-08-31 561434747 GREERWALKER LLP 227 WEST TRADE ST SUITE 1100 CHARLOTTE NC 28202 990 2024-07-01 814628087 CORNELIUS ARTS COMMUNITY CENTER INC CORN 9806893101 PO BOX 1443 CORNELIUS NC 28031 JUSTIN DIONNE EXECUTIVE DIRECTOR 9806893101 2025-02-10 1 0 SALLIE BETH DUSENBURY P02069265 7043770239 2025-02-10 2024 2025-03-06 01:10:19Z CAIN CENTER FOR THE ARTS JUSTIN DIONNE 21348 CATAWBA AVENUE CORNELIUS NC 28031 212448 0 X WWW.CAINARTS.ORG X 2016 NC CAIN CENTER FOR THE ARTS' MISSION IS TO PROVIDE EXCEPTIONAL VISUAL ARTS, PERFORMING ARTS, AND SOCIAL EXPERIENCES TO THE LAKE NORMAN REGION. 17 17 24 200 0 0 2034874 68750 1201190 106588 165345 37110 16299 0 3417708 212448 51825 0 0 0 934486 176856 0 0 49101 2048194 282946 3034505 459802 383203 -247354 25660586 25602651 239813 429125 25420773 25173526 CAIN CENTER FOR THE ARTS' MISSION IS TO PROVIDE EXCEPTIONAL VISUAL ARTS, PERFORMING ARTS, AND SOCIAL EXPERIENCES TO THE LAKE NORMAN REGION. 0 0 344671 106588 DURING FISCAL YEAR 2024, CAIN CENTER FOR THE ARTS CURATED 47 PRODUCTIONS AND HOSTED 17 PRODUCTIONS FOR OTHER ORGANIZATIONS. MORE THAN 18,400 PATRONS ATTENDED THESE SHOWS. TEN EXHIBITS WERE HELD SHOWCASING LOCAL AND REGIONAL ARTISTS OF ALL AGES. CAIN CENTER'S EDUCATION DEPARTMENT OVERSAW SIXTY-SEVEN CLASSES SERVING APPROXIMATELY 600 STUDENTS IN VARIOUS DISCIPLINES SUCH AS CERAMICS, PAINTING, SEWING, MIXED MEDIA, AND BALLET. WITH THE SUPPORT OF DONORS, THE COMMUNITY IMPACT FUND PROVIDED MORE THAN 175 AFFORDABLE TICKETS, 48 SUMMER CAMP SCHOLARSHIPS, AND 23 YEAR-LONG MUSIC LESSONS. IN COLLABORATION WITH FIVE COMMUNITY PARTNERS, CAIN CENTER PARTICIPATED IN MORE THAN SEVEN "ARTS IN COMMUNITY AND FOUR "ARTS IN SCHOOLS" PROGRAMS. 344671 1 1 0 0 0 0 0 0 0 1 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 63 0 1 24 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X BETH ALLEN 7043770239 227 W TRADE ST SUITE 1100 CHARLOTTE NC 28202 PAUL NEWTON PRESIDENT 4.00 X X 0 0 0 JEAN BOCK VICE PRESIDENT 4.00 X X 0 0 0 DOUGLAS MARION TREASURER 4.00 X X 0 0 0 CYNTHIA BUSH SECRETARY 4.00 X X 0 0 0 GREG WESSLING BOARD OF DIRECTORS 2.00 X 0 0 0 PAT BECHDOL BOARD OF DIRECTORS 2.00 X 0 0 0 KATE GAITHER BOARD OF DIRECTORS 2.00 X 0 0 0 CAROLINE MULLAN BOARD OF DIRECTORS 2.00 X 0 0 0 JOSHUA DOBI BOARD OF DIRECTORS 2.00 X 0 0 0 BILL MORGAN BOARD OF DIRECTORS 2.00 X 0 0 0 SUSAN IRVIN BOARD OF DIRECTORS 2.00 X 0 0 0 DALE GILLMORE BOARD OF DIRECTORS 2.00 X 0 0 0 ZACHARY TOOF BOARD OF DIRECTORS 2.00 X 0 0 0 TARA JAKETIC BOARD OF DIRECTORS 2.00 X 0 0 0 AK MATHESON BOARD OF DIRECTORS 2.00 X 0 0 0 TRACEY STEHLE BOARD OF DIRECTORS 2.00 X 0 0 0 RYAN LEFEBVRE BOARD OF DIRECTORS 2.00 X 0 0 0 JUSTIN DIONNE EXECUTIVE DIRECTOR 40.00 X 0 0 0 0 0 0 68500 250 68750 FACILITY RENTAL 713990 43157 43157 SUMMER CAMP REVENUE 713990 30223 30223 FOOD & BEVERAGE 713990 18117 18117 ART CLASS REVENUE 713990 9639 9639 OTHER PROGRAM SERVICE 713990 5452 5452 106588 37110 37110 212448 106588 0 37110 26567 10603 7961 8003 114885 86815 28070 23987 1577 19941 2469 11417 1221 10196 14585 14585 42679 40468 1666 545 11997 11230 767 27481 26062 1419 9455 2291 4430 2734 15873 15873 1152 112 1040 120673 102572 12067 6034 5452 5452 RENT 12612 12612 SUPPLIES 7436 7436 F&B CONCESSIONS 4115 4115 EQUIPMENT RENT 2950 2950 6486 4149 1858 479 459802 344671 66030 49101 808802 833389 3157750 3185211 249241 231359 1951 2914 10273 14343 21998628 1204327 20896375 20794301 534489 539429 1705 1705 25660586 25602651 104770 89407 127260 331935 7783 7783 239813 429125 X 22797834 22989370 2622939 2184156 25420773 25173526 25660586 25602651 -247354 107 0 X 0 0 0 X 8167400 7317639 2266038 2034874 188970 19974921 8167400 7317639 2266038 2034874 188970 19974921 4015004 15959917 69150 31429 85144 165345 37110 388178 11788 11788 20374887 2176854 0.78330 0.80500 X PART II, SHORT YEAR EXPLANATION: THE ORGANIZATION IS CHANGING ITS FISCAL YEAR END FROM JUNE 30 TO AUGUST 31 TO BEST REFLECT IN ITS FINANCIAL STATEMENTS ALL TRANSACTIONS SPANNING THE ENTIRETY OF THE SUMMER BUSY SEASON, INCLUDING SUMMER CAMPS, IN ONE FISCAL YEAR. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 534467 534467 507232 27235 534467 476344 30888 507232 497000 -20656 476344 1.00000 1 0 630000 630000 19966648 851773 19114875 3002 100 2902 1318414 337431 980983 80564 15023 65541 20794301 CUSTOMER DEPOSITS 7783 7783 PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS ARE FOR OPERATING SUPPORT OF THE BUSINESS. SCHEDULE A, PART II - SHORT YEAR EXPLANATION: THE ORGANIZATION IS CHANGING ITS FISCAL YEAR END FROM JUNE 30 TO AUGUST 31 TO BEST REFLECT IN ITS FINANCIAL STATEMENTS ALL TRANSACTIONS SPANNING THE ENTIRETY OF THE SUMMER BUSY SEASON, INCLUDING SUMMER CAMPS, IN ONE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE THEN DISTRIBUTED TO THE FULL BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND STAFF ACKNOWLEDGE THE CONFLICT OF INTEREST POLICY IN WRITING ANNUALLY. IN ADDITION, THE FULL BOARD DISCUSSES ALL MAJOR CONTRACTS INCLUDING THOSE THAT MAY INVOLVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE EXECUTIVE DIRECTOR WAS REVIEWED BY THE ENTIRE BOARD IN SPRING OF 2023. LOCAL AND REGIONAL COMPARABLE PACKAGES FOR SIMILAR SIZE ORGANIZATIONS IN THE CHARLOTTE AREA AS WELL AS THE STATE OF NORTH CAROLINA WERE REVIEWED WITH THE ASSISTANCE OF AN OUTSIDE TALENT RECRUITER TO DETERMINE REASONABLENESS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST.