OZ Arts Inc
Fiscal Year
Fiscal Year Start
07/01/2024
Fiscal Year End
06/30/2025
Projected Revenue
$2,221,000.00
Projected Expenses
$2,221,000.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| OZ Arts Nashville IRS Letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Revenue | $1,699,513.00 | $2,618,121.00 | |
| Total Expenses | $2,277,514.00 | $1,905,969.00 | |
| Revenue Less Expenses | ($-0.00) | ($578,001.00) | $712,152.00 |
Revenue Sources
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $706,058.00 | $1,050,631.00 | |
| Contributions, Gifts, and Grants | $299,099.00 | $968,949.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $377,138.00 | $268,493.00 | |
| Investment Income, Net of Losses | $6,562.00 | $24.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $263,446.00 | $250,238.00 | |
| Revenue In-Kind | $47,210.00 | $79,786.00 | |
| Other | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Program Expense | $1,343,858.00 | $1,193,509.00 | |
| Administration Expense | $617,786.00 | $459,557.00 | |
| Fundraising Expense | $315,840.00 | $252,903.00 | |
| Total Revenue/Total Expenses | 75% | 137% | |
| Program Expense/Total Expenses | 59% | 63% | |
| Fundraising Expense/Contributed Revenue | 14% | 13% |
Top Funding Sources
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Government Grants $706,058.00 | Government Grants $1,050,631.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Program Revenue $377,138.00 | Contributions, Gifts, and Grants $968,949.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $299,099.00 | Program Revenue $268,493.00 |
Assets and Liabilities
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,446,853.00 | $1,496,568.00 | |
| Current Assets | $769,151.00 | $1,298,879.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $145,261.00 | $121,772.00 | |
| Total Net Assets | $1,301,592.00 | $1,374,796.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2023
Form 990s
| Oz Arts 990 | 2023 |
| OZ Arts 990 | 2022 |
| OZ Arts 990 | 2021 |
| OZ Arts 990 | 2020 |
| OZ Arts 990 | 2019 |
| OZ Form 990 | 2018 |
| OZ Form 990 | 2017 |
| OZ Form 990 | 2016 |
| OZ Form 990 | 2015 |
| OZ Form 990 | 2014 |
| OZ Form 990 | 2013 |
Audit Documents
| OZ Arts Audit | 2023 |
| OZ Arts Audit | 2022 |
| OZ Arts Audit | 2021 |
| OZ Arts Audit | 2020 |
| OZ Arts Audit | 2019 |
| OZ Arts Audit | 2018 |
| OZ Arts Audit | 2017 |
CEO/Executive Director/Board Comments
| Note: OZ Arts changed fiscal year from Jan-Dec to July-June which explains the 6 month financials showing for 2019 per our 990. |
Foundation Staff Comments
| Financials figures taken from Form 990. Form 990 prepared by Kraft CPAs, PLLC. Foundation and corporate grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in Form 990. Comments provided by Nicole Rose 07/23/2024. |
