PLATINUM2023

DURHAM ARTS COUNCIL INC

Creating a Vibrant Community through the Arts

aka DAC   |   Durham, NC   |  www.durhamarts.org
GuideStar Charity Check

DURHAM ARTS COUNCIL INC

EIN: 56-0599829


Mission

Durham Arts Council, Inc. promotes excellence in and access to the creation, experience and active support of the arts for all the people of our community.

Ruling year info

1957

Executive Director

Ms. Sherry L. DeVries

Main address

120 Morris Street

Durham, NC 27701 USA

Show more contact info

EIN

56-0599829

Subject area info

Arts and culture

Arts services

Arts councils

Population served info

LGBTQ people

Heterosexuals

Women and girls

Men and boys

Ethnic and racial groups

Show more populations served

NTEE code info

Arts Council/Agency (A26)

Arts, Cultural Organizations - Multipurpose (A20)

Arts Service Activities/Organizations (A90)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

What we aim to solve

SOURCE: Self-reported by organization

Durham Arts Council is a catalyst in the cultural development of Durham – it leads, inspires, and promotes excellence in and access to the creation, experience, and active support of the arts for all the people of our community. We envision a community where creativity and the arts are highly valued, positive and transformative forces in Durham’s cultural, educational, and economic life. We envision an excellent and sustainable arts and cultural sector that is vital to quality of life in Durham.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Grantmaking

o Creating innovative capitalization strategies to strengthen the financial underpinning of arts and cultural nonprofits
o Information about grant opportunities
o Scholarships, stipends to attend training.
o More incentivized efforts to encourage cross pollination between arts and other sectors, business, tourism, economic development, urban planning

Population(s) Served

o Connecting arts and cultural organizations with local audience and business building opportunities
o How to connect what they do with Arts employment, gigs; artist residencies
o Training, mentoring, master classes in my art form.
o Fundraising and sponsorship training; Grant and proposal writing
o How to package and promote yourself as an artist or arts organization
o Marketing and Audience development training

Population(s) Served

o Strengthening collaboration and communication in the arts and cultural sector
o Information about opportunities to sell & share art work, get bookings
o Providing programs that give them opportunity to show/sell their work such as arts festivals, performances, events, gallery exhibits
o Providing the new Durham Art Network on Artsopolis to increase visibility, networking, sales, employment for artists and arts organizations.

Population(s) Served

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total number of free admissions

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Worst Covid 19 Pandemic Impact 16 months: March 13, 2020 – June 2021 Gradual re-opening for in-person programs started in May 2021. Slowed in winter 2022 due to Omicron surge.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Goals
· To increase participation in high-quality arts experiences throughout the community,
· To expand arts education both in and outside of schools,
· To build an environment for artists and arts organization so that they can create and present their work, and
· To be a resource to the community for advocating, planning, and developing Durham’s arts and cultural community, creative place-making and building the creative economy

Financials

DURHAM ARTS COUNCIL INC
Fiscal year: Jul 01 - Jun 30
Financial documents
2021 2021 Audited Financial Statement 2014
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2020 info

SOURCE: IRS Form 990

1.08

Average of 1.19 over 10 years

Months of cash in 2020 info

SOURCE: IRS Form 990

0.4

Average of 0.2 over 10 years

Fringe rate in 2020 info

SOURCE: IRS Form 990

22%

Average of 23% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

Source: IRS Form 990 info

DURHAM ARTS COUNCIL INC

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

Fiscal year ending: cloud_download Download Data

DURHAM ARTS COUNCIL INC

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

DURHAM ARTS COUNCIL INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

This snapshot of DURHAM ARTS COUNCIL INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2016 2017 2018 2019 2020
Unrestricted surplus (deficit) before depreciation $17,371 $27,667 $58,650 $4,443 -$74,195
As % of expenses 0.9% 1.3% 2.6% 0.2% -3.5%
Unrestricted surplus (deficit) after depreciation $7,721 $18,244 $49,840 -$4,714 -$81,886
As % of expenses 0.4% 0.9% 2.2% -0.2% -3.8%
Revenue composition info
Total revenue (unrestricted & restricted) $1,976,252 $2,119,489 $2,237,703 $2,027,879 $2,053,594
Total revenue, % change over prior year 0.1% 7.2% 5.6% -9.4% 1.3%
Program services revenue 36.6% 37.8% 37.7% 39.4% 34.9%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.5% 0.5% 0.4% 0.4% 0.4%
Government grants 34.3% 32.8% 41.3% 40.1% 41.1%
All other grants and contributions 27.9% 27.9% 19.2% 18.9% 23.5%
Other revenue 0.6% 1.0% 1.4% 1.2% 0.1%
Expense composition info
Total expenses before depreciation $1,957,218 $2,085,445 $2,234,905 $2,008,229 $2,129,503
Total expenses, % change over prior year -1.3% 6.6% 7.2% -10.1% 6.0%
Personnel 31.3% 33.0% 31.1% 34.3% 35.3%
Professional fees 26.5% 26.2% 28.1% 25.7% 25.4%
Occupancy 11.1% 11.1% 10.9% 10.2% 12.3%
Interest 0.1% 0.0% 0.0% 0.0% 0.0%
Pass-through 9.2% 9.1% 8.2% 10.8% 9.6%
All other expenses 22.0% 20.5% 21.6% 18.9% 17.3%
Full cost components (estimated) info 2016 2017 2018 2019 2020
Total expenses (after depreciation) $1,966,868 $2,094,868 $2,243,715 $2,017,386 $2,137,194
One month of savings $163,102 $173,787 $186,242 $167,352 $177,459
Debt principal payment $0 $17,622 $14,301 $50,014 $0
Fixed asset additions $0 $0 $0 $0 $7,978
Total full costs (estimated) $2,129,970 $2,286,277 $2,444,258 $2,234,752 $2,322,631

Capital structure indicators

Liquidity info 2016 2017 2018 2019 2020
Months of cash 0.1 0.2 0.1 0.2 0.4
Months of cash and investments 2.2 2.2 2.1 2.5 2.6
Months of estimated liquid unrestricted net assets -1.4 -1.2 -0.8 -0.9 -1.3
Balance sheet composition info 2016 2017 2018 2019 2020
Cash $24,352 $37,528 $24,010 $34,220 $65,060
Investments $333,210 $346,658 $362,602 $387,215 $393,529
Receivables $67,948 $31,258 $52,246 $54,508 $26,247
Gross land, buildings, equipment (LBE) $1,515,885 $1,511,423 $1,516,609 $1,517,147 $1,525,124
Accumulated depreciation (as a % of LBE) 96.3% 97.0% 97.2% 97.8% 97.8%
Liabilities (as a % of assets) 68.8% 61.0% 63.6% 64.6% 79.5%
Unrestricted net assets -$173,240 -$154,996 -$105,156 -$109,870 -$191,756
Temporarily restricted net assets $79,019 $96,205 $28,892 $38,135 N/A
Permanently restricted net assets $257,750 $257,750 $269,449 $269,449 N/A
Total restricted net assets $336,769 $353,955 $298,341 $307,584 $307,584
Total net assets $163,529 $198,959 $193,185 $197,714 $115,828

Key data checks

Key data checks info 2016 2017 2018 2019 2020
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Executive Director

Ms. Sherry L. DeVries

Number of employees

Source: IRS Form 990

DURHAM ARTS COUNCIL INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

DURHAM ARTS COUNCIL INC

Board of directors
as of 03/14/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Dr. Constanza Gómez-Joines

Assistant VP & Executive Director, Center for the Global Learner, Durham Technical Community College

Rick Grant

General Manager, Power Generation Carolinas Operations East, Duke Energy Carolinas

Rick Jorgensen

CPA, Pless & Company

Mike Woodard

Duke University

Susan Amey

President + CEO of Discover Durham

Lori Blake-Reid

Director of Facilities, North Carolina Central University

Heidi Carter

Durham County Board of Commissioners

Tabitha Concepcion

CFP, BB&T Wealth

Dan Ellison

Attorney

Chandra Guinn

Director, Mary Lou Williams Center for Black Culture at Duke University

Kenneth Hinton

Adjunct Instructor, Shaw University and NCCU; Artistic Director of the Agape Theatre Project

Mark-Anthony Middleton

Durham City Council Member

Marjorie Pierson

Visual Artist, Photography

Maryah Smith

Asst. Dean of Building, Engineering, and Skilled Trades, Durham Tech

Geraud Staton

Executive Director, Helius

Wade Walcott

Director, City of Durham Parks + Recreation Department

Organizational demographics

SOURCE: Self-reported; last updated 3/3/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female
Sexual orientation
Heterosexual or straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

Disability

No data