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CHARITY REVIEW
Issued: December 2024 Expires: December 2026

Arts Commission of Greater Toledo

Standards Not Met
Standards Not Met
6 7
(419) 254-2787
1838 Parkwood Avenue Suite 120
Toledo, OH, 43604
https://theartscommission.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Arts Commission of Greater Toledo does not meet the following 2 Standards for Charity Accountability:

Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.

The Arts Commission does not meet this Standard because:

  • The board of directors does not have a written policy stating that, at least every two years, an appraisal be done assessing the organization’s performance and effectiveness and determining future actions required to achieve its mission.

Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.

The Arts Commission does not meet this Standard because:

  • The organization has not completed an effectiveness assessment in the last two years.

Arts Commission of Greater Toledo meets the remaining 18 Standards for Charity Accountability.

Stated Purpose:
"to develop and promote arts in the Greater Toledo community."

Year, State Incorporated:
1959, OH

The Arts Commission of Greater Toledo (The Arts Commission) works to strengthen community, foster creativity and celebrate life through art in Greater Toledo. The organization reports delivering innovative and influential programming to the community, including public events that support and drive the local economy. The Arts Commission also offers educational and professional development opportunities for artists and area youth, advocacy on behalf of artists and cultural organizations, and access to arts and culture for all in the Greater Toledo region.

For the year ended December 31, 2022, Arts Commission of Greater Toledo's program expenses were:

Special projects $885,366
Momentum $417,714
Youth services $276,217
Art in Public Places $204,577
Artist services $196,426
Creative placemaking $127,195
Art Loop $113,136
EBEID Promise $97,690
Total Program Expenses $2,318,321

Chief Executive
Marc Folk, Executive Director

Compensation*
$160,543

Chair of the Board
Dan Hernandez

Chair's Profession / Business Affiliation
Professor of Interdisciplinary Art/Foundations, University of Toledo

Board Size
32

Paid Staff Size
14

*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Special events

Fundraising costs were 12% of related contributions. (Related contributions, which totaled $687,328, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Arts Commission of Greater Toledo's audited financial statements for the year ended December 31, 2022.

Source of Funds
Special projects $1,570,124
Contributions and grants $645,090
Momentum $394,016
Youth services $299,045
Creative placemaking $59,542
Special events, net $42,238
Investment income, net $6,255
Community outreach $6,000
Total Income $3,022,310

Programs: 82% Fundraising: 3% Administrative: 15%

Total Income $3,022,310
Total expenses: $2,840,038
  Program expenses $2,318,321
  Fundraising expenses $82,309
  Administrative expenses $439,408
  Other expenses $0
Income in Excess of Expenses $182,272
Beginning Net Assets $1,373,072
Other Changes In Net Assets $49,545
Ending Net Assets $1,505,799
Total Liabilities $4,650,120
Total Assets $6,155,919

Note 1: According to The Arts Commission’s 2022 audited financial statements, the organization received in-kind contributions of $161,911 including advertising services ($130,025), materials ($21,416), and other ($10,470).

Note 2: In the above financial statements, “other changes in net assets” refers to change in value of perpetual trust (-$30,831) and realized and unrealized loss on endowment (-$18,714).

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance