
For the 12 months ended December 31, 2008
| Unrestricted |
Temporarily Restricted |
Total | |||
| SUPPORT AND REVENUE | |||||
| City of Columbus Contract | 871,813 | 2,628,941 | 3,500,754 | ||
| Ohio Arts Council | 86,000 | 86,000 | |||
| Franklin County Neighborhood Arts | 80,000 | 80,000 | |||
| Contributions | 25,169 | 10,300 | 35,469 | ||
| Arts Festival | 285,436 | 205,823 | 491,259 | ||
| Artist in Schools | 221,782 | 90,000 | 311,782 | ||
| Columbus Arts Stabilization | 3,327 | 3,327 | |||
| Children of the Future | 331,618 | 331,618 | |||
| Other | 78,131 | 3,925 | 82,056 | ||
| Net assets released from restrictions | 3,745,404 | ( 3,745,404 ) | - | ||
| TOTAL SUPPORT AND REVENUE | 5,313,735 | (391,470) | 4,922,265 | ||
| COMMUNITY FUNDING | |||||
| Operating support grants | 2,538,726 | 2,538,726 | |||
| Project grants | 297,451 | 297,451 | |||
| Neighborhood grants | 76,371 | 76,371 | |||
| Technical Assistance | 43,295 | 43,295 | |||
| Individual Artist Fellowships | 28,305 | 28,305 | |||
| Designated Projects | 278,165 | 278,165 | |||
| TOTAL COMMUNITY FUNDING | 3,262,313 | - | 3,262,313 | ||
| PROGRAMS | |||||
| Stabilization Grants and Technical Assistance | 385,017 | 385,017 | |||
| Artist in Schools | 316,178 | 316,178 | |||
| Children of the Future | 341,211 | 341,211 | |||
| Arts Festival | 520,881 | 520,881 | |||
| TOTAL PROGRAM EXPENSE | 1,563,287 | 1,563,287 | |||
| TOTAL COMMUNITY FUNDING AND PROGRAMS | 4,825,600 | - | 4,825,600 | ||
| GENERAL AND ADMINISTRATIVE | |||||
| Administrative Salaries | 551,406 | 551,406 | |||
| Payroll Taxes and Employee Benefits | 191,560 | 191,560 | |||
| Accounting and Legal | 28,072 | 28,072 | |||
| Business Arts Partnership/Special Events | 48,569 | 48,569 | |||
| Conferences/Travel/Local Expenses | 23,071 | 23,071 | |||
| Office and Equipment Rental | 119,099 | 119,099 | |||
| Office Expenses | 42,459 | 42,459 | |||
| Telephone | 13,350 | 13,350 | |||
| Advertising/Public Information | 14,771 | 14,771 | |||
| Depreciation | 33,274 | 33,274 | |||
| Miscellaneous | 14,001 | 14,001 | |||
| TOTAL GENERAL AND ADMINISTRATIVE | 1,079,632 | - | 1,079,632 | ||
| TOTAL EXPENSE | 5,905,232 | - | 5,905,232 | ||
| Increase (decrease) in net assets | (591,497) | (391,470) | (982,967) | ||
| Beginning net assets | 1,295,317 | 405,048 | 1,700,365 | ||
| ENDING NET ASSETS | 730,820 | 13,578 | 717,398 | ||