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Nonprofit · EIN 74-2380475

THE ARTS STUDIO DBA FIREHOUSE ART CENTER

Tax-exempt · LONGMONT, CO 80501

Financials

$185K$179K2023$212K$212K2024
Revenue Expenses · by fiscal year end
Financials of THE ARTS STUDIO DBA FIREHOUSE ART CENTER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$211,916$211,916$0$0$0$0
December 31, 2023990-EZ$184,641$179,028$5,613$209,208$14,668$195,278
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$103,430
of which government grants
$82,031
Membership dues
$12,403
Program service revenue
$83,266
Investment income
$415
Net rental income
$12,391
Net income from sales of inventory
$12,414
Other revenue
$24,805

Expenses

Grants and similar amounts paid
$7,572
Compensation of officers, directors and key employees
$62,693
Other salaries and wages
$17,371
Salaries, compensation and benefits (total)
$87,763
Professional fundraising fees
$3,000
Accounting fees
$6,665
Occupancy
$12,960
Program services (functional)
$110,535
Management and general (functional)
$44,000
Fundraising (functional)
$57,381

Balance sheet and other

Total assets, start of year
$209,208
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets, end of year
$0
Land, buildings and equipment
$45,783
Net assets without donor restrictions
$227,871
Gross receipts
$245,120
Employees
6
Volunteers
110
Year formed
1986
State of legal domicile
CO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
E WatermanExecutive Director
Key employee
40$62,693
D MartonisBoard Member
Officer
1$0
W NorthcuttBoard Member
Officer
1$0
M DavisBoard Member
Officer
1$0
D HartmanBoard Member
Officer
1$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
E WatermanExecutive Director40$55,019
D MartonisBoard Member1$0
J CrossBoard Member1$0
W NorthcuttBoard Member1$0
D HartmanBoard Member1$0

Address and contacts

Address (IRS master file)
667 4TH AVE, LONGMONT, CO 80501-5401
Signed the 990
Christina L Felton, Bookkeeper

Mission

The Firehouse Art Center inspires cultural engagement and human connection by providing life-enhancing experiences through exhibitions, education, and community events. The Firehouse is a non-profit art center committed to exhibiting thought-provoking art created by local, regional, and national artists. Through our no-fee admission gallery and our outreach art classes taught at no cost to under-resourced areas of the community, we strive to bring the healing nature of art to all. The Firehouse Art Center is Longmont's leading contemporary art center, featuring national and local artists with over a dozen exhibitions a year. A cornerstone of the Longmont Creative District, we offer educational programs, events, and membership programs to support creativity for all. Our goal is to raise cultural awareness and understanding of the arts in the regional community.

990 for the year ended December 31, 2024

Program accomplishments

  • The Firehouse's Artist Members and Ceramics Members have access to classes, equipment, and public exposure that elevate their artistic offerings and build community. Our offerings are both traditional and progressive, ensuring that all artist members receive value.
    Expenses $4,470 · grants $14,600 · revenue $10,130
  • The Firehouse Artwalk/Summer on the Streets are public art engagements that enrich the downtown Longmont art experience, providing an opportunity for artists and the public to interact in an annual festival setting.
    Expenses $18,616 · grants $24,438 · revenue $5,822
  • The Firehouse's education programs span all age groups and interests. Summer includes classes for children during their school break, both at our facility and the BoCo Farmer's Market. Our adult education consists of all different media and ability levels. Most classes are offered at a low cost or on a sliding scale, to further reach the overall community
    Expenses $28,768 · grants $32,391 · revenue $3,623

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
74-2380475
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1985
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$242,886
Income (IRS master file)
$245,120

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$211,916$211,916$0XML
990-EZDecember 2023$184,641$179,028$209,208XML
990December 2022$241,995$178,251$203,726IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-2380475).

Questions about THE ARTS STUDIO DBA FIREHOUSE ART CENTER

What is the EIN of THE ARTS STUDIO DBA FIREHOUSE ART CENTER?
The employer identification number (EIN) of THE ARTS STUDIO DBA FIREHOUSE ART CENTER is 74-2380475.
Is THE ARTS STUDIO DBA FIREHOUSE ART CENTER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to THE ARTS STUDIO DBA FIREHOUSE ART CENTER tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE ARTS STUDIO DBA FIREHOUSE ART CENTER file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE ARTS STUDIO DBA FIREHOUSE ART CENTER due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE ARTS STUDIO DBA FIREHOUSE ART CENTER last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of THE ARTS STUDIO DBA FIREHOUSE ART CENTER?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $62,693 (E Waterman, Executive Director).
How much revenue does THE ARTS STUDIO DBA FIREHOUSE ART CENTER have?
On its 990 for the year ended December 31, 2024 it reported revenue of $211,916, expenses of $211,916 and total assets of $0 at year end.

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