2024-10-29T23:35:15-05:00 2023-06-30 920352857 WITCHER & STEWART PA 1881 N UNIVERSITY DRIVE SUITE 106 CORAL SPRINGS FL 33071 990 2022-07-01 651134780 LOCUST PROJECTS INC LOCU 3055768570 297 NE 67TH STREET MIAMI FL 33138 DEBRA SCHOLL CHAIRMAN 3055768570 2024-10-29 1 0 CHRISTINA WITCHER STEWART P00840123 9542714470 2024-10-29 2022 2024-10-15 13:58:12Z DEBRA SCHOLL 297 NE 67TH STREET MIAMI FL 33138 1780783 0 X WWW.LOCUSTPROJECTS.ORG X 2001 FL TO PROMOTE THE VISUAL ARTS BY PROVIDING EXHIBITION SPACE PRESENTING SITE-SPECIFIC ARTWORK FILLING THE GAP BETWEEN MUSEUMS AND COMMERCIAL GALLERIES. 34 34 0 0 4278 0 841687 1741180 18351 3723 105 -22424 33569 -67665 893712 1654814 62400 55400 0 0 394914 434921 0 0 215988 668492 758417 1125806 1248738 -232094 406076 222802 1329179 43447 743748 179355 585431 LOCUST PROJECTS IS AN ALTERNATIVE, NOT FOR PROFIT, MIAMI-BASED EXHIBITION SPACE DEDICATED TO PROVIDING CONTEMPORARY VISUAL ARTISTS THE FREEDOM TO EXPERIMENT WITH NEW IDEAS AND METHODS WITHOUT THE PRESSURES OF GALLERY SALES OR OTHER LIMITATIONS. 0 0 714715 PROVIDED EXHIBITION SPACE AND PUBLIC EXPOSURE FOR SITE-SPECIFIC VISUAL ARTWORK BY PRESENTING WORKS OF SEVERAL LOCAL, NATIONAL AND INTERNATIONAL ARTISTS. 101951 55400 PROVIDED INCUBATOR GRANTS TO VISIONARY ARTISTS FOR INNOVATIVE PUBLICLY ACCESSIBLE PROJECTS THROUGH WAVEMAKER PROGRAM. 30899 PROVIDED INTENSIVE ART SUMMER CAMP FOR HIGH SCHOOL STUDENTS WITH AN INTEREST IN ART, DESIGN AND EXPLORING CREATIVE CAREERS TO LEARN FROM PROFESSIONAL ARTISTS. 65511 65511 913076 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 34 34 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 1 0 FL X THE ORGANIZATION 3055768570 297 NE 67TH STREET MIAMI FL 33138 X ELIZABETH PETERSEN DIRECTOR 4.00 X 0 0 0 CHRISTOPHER LOMAX DIRECTOR 4.00 X 0 0 0 DIANE MOSS DIRECTOR 4.00 X 0 0 0 WILLIAM CHARLES DIRECTOR 4.00 X 0 0 0 BRIAN COOPER DIRECTOR 4.00 X 0 0 0 ADLER GUERRIER DIRECTOR 4.00 X 0 0 0 AMY POLLACK DIRECTOR 4.00 X 0 0 0 ANTONIA WRIGHT DIRECTOR 4.00 X 0 0 0 AVRA JAIN DIRECTOR 4.00 X 0 0 0 BRIAN HELLER DIRECTOR 4.00 X 0 0 0 SUNITA BHAGWAN DIRECTOR 4.00 X 0 0 0 CARLOS R LAGO DIRECTOR 4.00 X 0 0 0 DAWN ADELS FINE DIRECTOR 4.00 X 0 0 0 DEBRA FRANK SECRETARY 4.00 X X 0 0 0 DEBRA SCHOLL CHAIRMAN OF THE BOARD 5.00 X X 0 0 0 DIANE GROB DIRECTOR 4.00 X 0 0 0 ELIZABETH BAILEY DIRECTOR 4.00 X 0 0 0 ELIZABETH WITHSTANDLEY DIRECTOR 4.00 X 0 0 0 JAMIE ODABACHIAN DIRECTOR 4.00 X 0 0 0 JILLIAN CHOI DIRECTOR 4.00 X 0 0 0 RICHARD ARREGUI DIRECTOR 4.00 X 0 0 0 JOHN DEVINE VICE CHAIR 4.00 X X 0 0 0 JOHN JOSEPH LIN DIRECTOR 4.00 X 0 0 0 JUAN ALONSO DIRECTOR 4.00 X 0 0 0 KAREN BOYER DIRECTOR 4.00 X 0 0 0 LAUREN GNAZZO DIRECTOR 4.00 X 0 0 0 LINDA ADLER DIRECTOR 4.00 X 0 0 0 MUNISHA UNDERHILL DIRECTOR 4.00 X 0 0 0 NICOLE CHIPI DIRECTOR 4.00 X 0 0 0 PAUL JACOBER DIRECTOR 4.00 X 0 0 0 RAUL GUIJARRO DE PABLO DIRECTOR 4.00 X 0 0 0 BETTE ANN FIALKOV DIRECTOR 4.00 X 0 0 0 STEVEN LANSTER TREASURER 4.00 X X 0 0 0 STEWART MERKIN DIRECTOR 4.00 X 0 0 0 MARIA C BECHILY DIRECTOR 4.00 X 0 0 0 LORIE MERTES EXECUTIVE DIRECTOR 65.00 X 167500 0 0 167500 0 0 1 0 1 0 0 74489 216719 20000 1429972 1741180 SALES-ARTISTS EDITION 459900 3723 3723 3723 555 555 22979 -22979 -22979 -22979 35325 216719 102990 -67665 -67665 1654814 -22979 4278 -67665 X 55400 55400 167500 83750 33500 50250 235009 110233 32964 91812 2445 764 627 1054 29967 15156 4715 10096 12080 8456 1208 2416 23676 16573 2368 4735 313298 291594 3399 18305 2242 1655 587 26798 25803 995 6500 2600 1300 2600 227773 189012 21335 17426 478 478 3731 3731 5966 5071 597 298 TRAVEL 45612 40075 756 4781 UTILITIES 32614 27728 3257 1629 DUES AND SUBSCRIPTIONS 19582 8278 1518 9786 FOOD AND REFRESHMENTS 14284 8012 6272 0 23783 19185 4385 213 1248738 913076 119674 215988 199257 539784 84972 3165 23545 81807 0 707588 222802 1329179 17801 25438 25646 718310 43447 743748 X 179355 236594 348837 179355 585431 222802 1329179 406076 0 X 0 1 X 1 0 X 753087 1112512 810195 715075 1727654 5118523 753087 1112512 810195 715075 1727654 5118523 650022 4468501 44 105 555 704 3723 3723 1500 1500 5124450 1066693 0.87200 0.78920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 81336 152 81184 3636 3013 623 81807 RIGHT OF USE ASSET 680294 SECURITY 27294 707588 OTHER CURRENT LIABILITIES 6289 RIGHT-OF-USE LIABILITY - ST 167854 RIGHT-OF-USE LIABILITY - LT 544167 718310 ANNUAL BENEFIT DINNER 198985 182285 16700 49954 17341 SPRING FLING 23192 21467 1725 1958 9900 2 29862 12962 16900 12798 11037 252039 216714 35325 64710 38278 102988 -67663 1 INCUBATOR GRANTS FOR INNOVATIVE PROJECTS THAT ARE SHARED WITH THE PUBLIC IN UNCONVENTIONAL SPACES 14 55400 PART I, LINE 2: WAVEMAKER GRANT AWARDEES WERE SELECTED THROUGH AN OPEN CALL PROCESS BY A TEAM OF LOCAL AND NATIONAL ARTISTS AND ARTS PROFESSIONALS, ELEVEN VISIONARY ARTISTS AND ARTIST COLLECTIVES WILL RECEIVE UP TO $6,000 EACH TO CREATE INNOVATIVE WORK THAT WILL BE SHARED WITH THE PUBLIC ACROSS MIAMI IN NON-TRADITIONAL VENUES AND PLATFORM. PROGRESS IS MONITORED REGULARY BY STAFF TO INSURE GRANT FUNDS ARE USED INT EH U.S. 1 X X X 0 0 0 0 0 0 0 0 0 LORIE MERTES EXECUTIVE DIRECTOR 147500 0 20000 0 0 0 0 0 0 0 167500 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION MAKES FINANCIAL STATEMENTS AND BOARD DOCUMENTS AVAILABLE UPON WRITTEN REQUEST. A COPY OF THE RETURN IS PROVIDED AT THE BOARD OF DIRECTORS MEETING FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S OFFICERS ARE NOT COMPENSATED. THE BOARD OF DIRECTORS REVIEWS THE EXECUTIVE DIRECTOR'S AND OTHER EMPLOYEES' COMPENSATION ARRANGEMENTS ON AN ANNUAL BASIS AND COMPARES THE APPLICABLE COMPENSATION TO SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 18 ORGANIZATION MAKES FINANCIAL STATEMENTS AND BOARD DOCUMENTS AVAILABLE UPON WRITTEN REQUEST. A COPY OF THE RETURN IS PROVIDED AT THE BOARD OF DIRECTORS MEETING FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION MAKES FINANCIAL STATEMENTS AND BOARD DOCUMENTS AVAILABLE UPON WRITTEN REQUEST. A COPY OF THE RETURN IS PROVIDED AT THE BOARD OF DIRECTORS MEETING FOR REVIEW AND APPROVAL. FORM 990, PART IX, LINE 11G GRAPHIC DESIGNER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 856. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 856. PAYROLL PROCESSING FEE: PROGRAM SERVICE EXPENSES 959. MANAGEMENT AND GENERAL EXPENSES 786. FUNDRAISING EXPENSES 1324. TOTAL EXPENSES 3069. ARTIST EXPENSE: PROGRAM SERVICE EXPENSES 178562. MANAGEMENT AND GENERAL EXPENSES 1069. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 179631. CONTRACTORS: PROGRAM SERVICE EXPENSES 66073. MANAGEMENT AND GENERAL EXPENSES 688. FUNDRAISING EXPENSES 1981. TOTAL EXPENSES 68742. PROGRAM COORDINATORS: PROGRAM SERVICE EXPENSES 46000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 15000. TOTAL EXPENSES 61000. LOCUST PROJECTS, INC. WAS REQUIRED TO HAVE AUDITED FINANCIAL STATEMENTS THIS YEAR DUE TO AN INCREASE IN DONATIONS AND GRANTS. THE AUDIT WAS UNABLE TO BE COMPLETED IN TIME TO FILE THE RETURN BY THE EXTENDED DUE DATE OF MAY 15TH. LOCUST PROJECTS, INC. EXRECISED ORDINARY BUSINESS CARE AND PRUDENCE AND WAS NEVERTHELESS UNABLE TO FILE THE RETURN WITHTIN THE PRESCRIBED TIME. THE RETURN WAS FILED AND COMPLETED UPON SUCCESSFUL COMPLETION OF THE AUDIT. LOCUST PROJECTS, INC. HAS TAKEN THE NECESSARY STEPS TO ENSURE THAT THE AUDIT WILL BE COMPLETED ON A TIMELY BASIS IN ORDER TO FACILITATE THE TIMELY COMPLETION OF THE 990 GOING FORWARD.