ARTPARK & COMPANY INC Charity Report

Public IRS 990 nonprofit record

ARTPARK & COMPANY INC

EIN 23-7086200

What they do

ARTPARK & COMPANY FOSTERS A TRANSFORMATIVE WORLD of ARTISTIC ENGAGEMENT THAT EXPLORES THE HUMAN EXPERIENCE, CULTIVATES CREATIVITY, and ENCOURAGES CURIOSITY. OUR WORK is INFORMED BY A LONG TRADITION of DISCOVERY, AN EXPECTATION of ARTISTIC EXCELLENCE, and AN AWARENESS of THE INSPIRATION of SINGULAR NATURAL SPLENDOR.LOCATED AT THE BIRTHPLACE of NIAGARA FALLS, and SITUATED ON TRADITIONAL INDIGENOUS LANDS of MANY NATIONS, ARTPARK & COMPANY HONORS THE HISTORIC LEGACY ON WHICH IT WAS CREATED, SUPPORTING THE EVOLUTION of THE ARTS and ITS ROLE AS A CULTURAL LEADER, ASPIRING to A PROGRESSIVE FUTURE. WE EMBRACE A PHILOSOPHY THAT ART, CULTURE, and NATURE CAN HARMONIOUSLY COEXIST and INSPIRE. WE ADVOCATE for EVERY ART, BOTH KNOWN and NOT YET KNOWN, AS CREATED IN PUBLIC BY DIVERSE ARTISTS, OFTEN WITH ASSISTANCE FROM THEIR AUDIENCE, ATTRACTED BY THE DISCOVERY, LEARNING, and EXPLORATION THAT THE ARTS ENCOURAGE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders33 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

92.28%of revenue went to mission work86.4% of expenses · Program services

$106.84spent for every $100 of revenueSpending was higher than revenue this year.

14.56%of revenue went to management and office costs13.6% of expenses

$0.52in assets for every $1 spent this yearSome assets cannot be spent right away.

32.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $508,379 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $174,405 for SONIA KOZLOVA CLARK (PRESIDENT (THROUGH MARCH 2024)). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$7,432,792

Mission workProgram services$6,859,05192.28% of revenue86.4% of expenses

ManagementOffice and general costs$1,082,12014.56% of revenue13.6% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$7,941,171106.84% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 86.4% mission · 13.6% management · 0.0% fundraisingTotal expenses: 106.84% of revenue

2022Expense mix: 86.7% mission · 13.3% management · 0.0% fundraisingTotal expenses: 109.91% of revenue

2021Expense mix: 92.9% mission · 7.1% management · 0.0% fundraisingTotal expenses: 95.11% of revenue

2020Expense mix: 93.0% mission · 7.0% management · 0.0% fundraisingTotal expenses: 81.13% of revenue

2019Expense mix: 87.2% mission · 12.8% management · 0.0% fundraisingTotal expenses: 158.24% of revenue

2018Expense mix: 90.8% mission · 7.5% management · 1.7% fundraisingTotal expenses: 104.03% of revenue

2017Expense mix: 93.1% mission · 6.6% management · 0.3% fundraisingTotal expenses: 107.82% of revenue

2016Expense mix: 92.2% mission · 7.4% management · 0.4% fundraisingTotal expenses: 105.14% of revenue

Money in and money out

Revenue$7,432,792

Expenses$7,941,171

Annual shortfall $508,379 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$6,859,051 · 86.4% of expenses

Management and office costs$1,082,120 · 13.6% of expenses

See all reported dollar amounts

Revenue$7,432,792

Expenses$7,941,171

Assets$4,107,470

Income$7,504,327

Contributions$2,393,834

Mission work (program services)$6,859,051

Management and general$1,082,120

Stocks and bonds$3,234

Accounting fees$105,299

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SONIA KOZLOVA CLARKPRESIDENT (THROUGH MARCH 2024) · 50 hrs/week $174,405Base $160,889 · Other $13,516

DAVID WEDEKINDTPRESIDENT · 50 hrs/week $143,512Base $124,252 · Other $19,260

FRANCINE DELMONTEDIRECTOR · 2 hrs/week $5,983

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (33)

SONIA KOZLOVA CLARKPRESIDENT (THROUGH MARCH 2024)

DAVID WEDEKINDTPRESIDENT

FRANCINE DELMONTEDIRECTOR

MICHAEL VITCHDIRECTOR

JOSEPH CERTODIRECTOR

LYN DYSTERDIRECTOR

MARCY NEWMANDIRECTOR

MARK MISTRETTADIRECTOR (EX-OFFICIO)

MAX WILLIGDIRECTOR

MICHAEL HICKEYDIRECTOR

MICHAEL MCINERNEYDIRECTOR

JOHN CAMPDIRECTOR

MICHAEL J DOWD ESQDIRECTOR

OMAR KHANDIRECTOR

PAMELA PRIESTDIRECTOR

SKIP MAZENAUERDIRECTOR

STEPHEN TURNERTREASURER

VINCENT AGNELLOSECRETARY

JONATHAN A DANDESDIRECTOR

ALLISON APPOLONEYDIRECTOR

JOANNE BAUERBOARD CHAIR

JEFFREY WILLIAMSDIRECTOR

JASON BRYDGESDIRECTOR

JAMIE BANNISTERDIRECTOR

EDWARD PERLMAN ESQDIRECTOR

DUNCAN SMITHDIRECTOR

DON BOSWELLDIRECTOR

DENA ARMSTRONGDIRECTOR

DANIELLA PIPERDIRECTOR

DANIEL MONTANTEDIRECTOR

CHRISTOPHER E KAYDIRECTOR

CHRISTOPHER LEARDINIVICE CHAIRMAN

ANTHONY BANNONDIRECTOR

About this charity

Recognized since: January 1971
Location: 450 SOUTH FOURTH STREET, LEWISTON, NY 14092
County: Niagara
In care of: DAVID WEDEKINDT
Primary officer: DAVID WEDEKINDT, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(716) 754-9000

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: TRONCONI SEGARRA & ASSOCIATES LLP