Nonprofit · EIN 23-7098475
FINE ARTS SOCIETY OF SARASOTA INC
Tax-exempt · SARASOTA, FL 34230
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2026 | 990 | $179,080 | $208,398 | -$29,318 | $2,292,255 | $0 | $2,292,255 |
| April 30, 2025 | 990 | $178,146 | $156,919 | $21,227 | $2,100,810 | $0 | $2,100,810 |
| April 30, 2024 | 990 | $201,989 | $125,244 | $76,745 | $2,027,615 | -$400 | $2,028,015 |
Financial details: 990 for the year ended April 30, 2026
Revenue
- Contributions, gifts and grants
- $46,987
- Membership dues
- $6,765
- Program service revenue
- $69,304
- Investment income
- $62,789
- Net gain from sales of assets
- $20,272
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $40,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,480
- Program services (functional)
- $179,227
- Management and general (functional)
- $29,171
Balance sheet and other
- Total assets, start of year
- $2,100,810
- Total assets, end of year
- $2,292,255
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,292,255
- Publicly traded securities
- $1,816,955
- Net assets without donor restrictions
- $1,197,720
- Net assets with donor restrictions
- $1,094,535
- Gross receipts
- $179,080
- Employees
- 0
- Volunteers
- 27
- Year formed
- 1969
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended April 30, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM RUSLING | PRESIDENT Trustee or director, Officer | 12 | $0 |
| CAROL DARLING | VICE PRESIDENT Trustee or director, Officer | 8 | $0 |
| ELAINE FOSTER | TREASURER Trustee or director, Officer | 6 | $0 |
| BARBARA HYDE | CORRESPONDING SECRETARY Trustee or director, Officer | 1 | $0 |
| JUDY HERMAN | RECORDING SECRETARY Trustee or director, Officer | 1 | $0 |
| JEANNETTE PALADINO | PAST PRESIDENT Trustee or director | 4 | $0 |
| MARIA CECILIA CONDER | DIRECTOR Trustee or director | 1 | $0 |
| BETTY FERGUSON | DIRECTOR Trustee or director | 3 | $0 |
| STEPHANIE FRASHER | DIRECTOR Trustee or director | 3 | $0 |
| PATRICIA TAYLOR | DIRECTOR Trustee or director | 1 | $0 |
| LIZ TROSTLI | DIRECTOR Trustee or director | 0 | $0 |
| BARBARA LONG | DIRECTOR Trustee or director | 0 | $0 |
| MARIE-LOUISE MCHUGH | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended April 30, 2025: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM RUSLING | PRESIDENT Trustee or director, Officer | 10 | $0 |
| CAROL DARLING | VICE PRESIDENT Trustee or director, Officer | 6 | $0 |
| ELAINE FOSTER | TREASURER Trustee or director, Officer | 8 | $0 |
| BARBARA HYDE | CORRESPONDING SECRETARY Trustee or director, Officer | 1 | $0 |
| JUDY HERMAN | RECORDING SECRETARY Trustee or director, Officer | 1 | $0 |
| JEANNETTE PALADINO | PAST PRESIDENT Trustee or director | 2 | $0 |
| RENNIE CARTER | DIRECTOR Trustee or director | 2 | $0 |
| MARIA CECILIA CONDER | DIRECTOR Trustee or director | 3 | $0 |
| CAROL HIRSCHBURG | DIRECTOR Trustee or director | 2 | $0 |
| BETTY FERGUSON | DIRECTOR Trustee or director | 3 | $0 |
| STEPHANIE FRASHER | DIRECTOR Trustee or director | 6 | $0 |
| DONNA MAYTHAM | DIRECTOR Trustee or director | 11 | $0 |
| PATRICIA TAYLOR | DIRECTOR Trustee or director | 1 | $0 |
| LIZ TROSTLI | DIRECTOR Trustee or director | 1 | $0 |
| BARBARA LONG | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended April 30, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROLE SCHWARTZ | PRESIDENT Trustee or director, Officer | 35 | $0 |
| WILLIAM RUSLING | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| ELAINE FOSTER | TREASURER Trustee or director, Officer | 25 | $0 |
| SHARON SAATSOGLOU | CORRESPONDING SECRETARY Trustee or director, Officer | 1 | $0 |
| EVELYN LEVIN | RECORDING SECRETARY Trustee or director, Officer | 1 | $0 |
| JEANNETTE PALADINO | PAST PRESIDENT Trustee or director, Officer | 1 | $0 |
| RENNIE CARTER | DIRECTOR Trustee or director | 2 | $0 |
| CECILIA CONDER | DIRECTOR Trustee or director | 1 | $0 |
| CAROL HIRSCHBURG | DIRECTOR Trustee or director | 1 | $0 |
| BETTY FERGUSON | DIRECTOR Trustee or director | 5 | $0 |
| STEPHANIE FRASHER | DIRECTOR Trustee or director | 10 | $0 |
| DONNA MAYTHAM | DIRECTOR Trustee or director | 1 | $0 |
| PATRICIA TAYLOR | DIRECTOR Trustee or director | 1 | $0 |
| LIZ TROSTLI | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1432, SARASOTA, FL 34230-1432
- In care of
- % LYN AGNEW
- Principal officer (990 for 2025)
- WILLIAM RUSLING, PO BOX 1432, SARASOTA, FL 34230
- Signed the 990
- WILLIAM RUSLING, PRESIDENT
- Phone
- (941) 351-5361
- Website
- WWW.ARTSADVOCATES.ORG
- Return prepared by
- TAXDAL CPA LLC
Mission
TO PROVIDE EDUCATIONAL DISPLAYS AND INFORMATION ON ART IN OUR AREA AND TO PROVIDE SCHOLARSHIPS.
Program accomplishments
- PHILANTHROPYSINCE 1969, THE FINE ARTS SOCIETY OF SARASOTA, INC. HAS AWARDED OVER $1,300,000 IN SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE ARTS AND ALLOWS THE COMPLIMENTARY USE OF THE ARTS ADVOCATES GALLERY FOR EVENTS AND EXHIBITS TO LOCAL ARTS AND EDUCATIONAL ORGANIZATIONS WHOSE MISSION IS CONGRUENT WITH THAT OF FINE ARTS. IN RECENT YEARS, OUR SCHOLARSHIP STUDENTS HAVE PREPARED FOR PROFESSIONAL CAREERS IN DRAWING, PAINTING, SCULPTURE, PHOTOGRAPHY, FILM, DANCE, MUSICAL THEATRE, SET DESIGN, VOCAL AND INSTRUMENTAL MUSIC, CREATIVE WRITING, AND ARCHITECTURE. AMONG THE MANY SCHOOLS OUR SCHOLARS HAVE ATTENDED ARE CARNEGIE MELLON UNIVERSITY, CLEVELAND INSTITUTE OF ART, MANHATTAN SCHOOL OF MUSIC, RINGLING COLLEGE OF ART AND DESIGN, UNIVERSITY OF MIAMI AND THE UNIVERSITY OF FLORIDA. MANY OF THESE STUDENTS RETURN TO SARASOTA, FLORIDA WHILE OTHERS LIVE AND WORK IN ALL PARTS OF THE WORLD.DOCENT-LED TOURS OF THE ART COLLECTION ARE AVAILABLE TO THE PUBLIC ON A WEEKLY BASIS. IN COOPERATION WITH THE COUNTY SCHOOL DISTRICTS AWARDS ARE ALSO GIVEN TO WINNING MIDDLE SCHOOL STUDENTS IN AN ANNUAL ART COMPETITION.Expenses $90,097 · grants $40,000 · revenue $52,142
- EDUCATIONAL/INFORMATIONAL PROGRAMS FOR FINE ARTS MEMBERS AND GUESTS.THE FINE ARTS SOCIETY OF SARASOTA, INC. PROGRAM COMMITTEE IS CHARGED WITH ARRANGING SPEAKERS, EDUCATIONAL TOURS, WORKSHOPS AND SALONS (VISITS TO PRIVATE COLLECTIONS) THROUGHOUT THE YEAR. COMMUNITY LEADERS IN ALL AREAS OF THE ARTS AND EDUCATION ARE INVITED TO ADDRESS THE GENERAL MEMBERSHIP AT MONTHLY MEETINGS FROM OCTOBER THROUGH MAY. THESE PROGRAMS PROVIDE CONTINUING EDUCATION OPPORTUNITIES FOR FINE ARTS MEMBERS, FAMILY AND GUESTS.Expenses $48,719 · revenue $17,162
- THE COLLECTIONTHE FINE ARTS SOCIETY OF SARASOTA, INC. HAS ESTABLISHED AND MAINTAINS A COLLECTION OF SOME SEVENTY PIECES OF ARTWORK, CONSISTING OF PAINTINGS AND SCULPTURES, BY ARTISTS WHO RESIDE IN OR HAVE TIES TO FLORIDA. THESE WORKS ARE ON EXHIBITION AT THE CITY'S VAN WEZEL PERFORMING ARTS HALL AND THE ARTS ADVOCATES GALLERY WHERE MEMBERS AND VISITORS MAY ENJOY VIEWING THEM. IN ADDITION, SPECIAL DOCENT LEAD TOURS ARE AVAILABLE TO THE PUBLIC ON A MONTHLY BASIS AND PLANS ARE UNDERWAY TO ARRANGE EDUCATIONAL, GUIDED TOURS FOR ELEMENTARY AND MIDDLE SCHOOL STUDENTS.Expenses $40,411
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | 990 on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990 on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990 on file |
IRS record
- EIN
- 23-7098475
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1971
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,292,255
- Income (IRS master file)
- $179,080
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | April 2026 | $179,080 | $208,398 | $2,292,255 | XML |
| 990 | April 2025 | $178,146 | $156,919 | $2,100,810 | IRS |
| 990 | April 2024 | $201,989 | $125,244 | $2,027,615 | XML |
| 990 | April 2023 | $172,888 | $102,250 | $1,827,406 | IRS |
| 990 | April 2022 | – | – | – | IRS |
| 990 | April 2021 | – | – | – | IRS |
| 990 | April 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7098475).
Questions about FINE ARTS SOCIETY OF SARASOTA INC
- What is the EIN of FINE ARTS SOCIETY OF SARASOTA INC?
- The employer identification number (EIN) of FINE ARTS SOCIETY OF SARASOTA INC is 23-7098475.
- Is FINE ARTS SOCIETY OF SARASOTA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
- Are donations to FINE ARTS SOCIETY OF SARASOTA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FINE ARTS SOCIETY OF SARASOTA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FINE ARTS SOCIETY OF SARASOTA INC due?
- The return for tax year 2026 (the year ending April 30, 2027) is due September 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FINE ARTS SOCIETY OF SARASOTA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended April 2026.
- Who is the principal officer of FINE ARTS SOCIETY OF SARASOTA INC?
- The 990 for the year ended April 30, 2026 names WILLIAM RUSLING.
- Who are the officers and directors of FINE ARTS SOCIETY OF SARASOTA INC?
- The 990 for the year ended April 30, 2026 lists 13 people; 0 received compensation from the organization.
- How much revenue does FINE ARTS SOCIETY OF SARASOTA INC have?
- On its 990 for the year ended April 30, 2026 it reported revenue of $179,080, expenses of $208,398 and total assets of $2,292,255 at year end.
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