Better Business Bureau Report for
Arts and Education Council of Greater St. Louis

Better Business Bureau Report issued November 2011
Better Business Bureau Report expires November 2013


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Arts and Education Council of Greater St. Louis
Address: 3547 Olive Street
  St. Louis , MO 63103
Phone: 314-289-4000
314-289-4019
Web Address: www.keeparthappening.org
Also known as:Arts and Education Council
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Better Business Bureau Comments

Year, State Incorporated: 1963, Missouri
Affiliates: None
Stated Purpose: "exists to raise funds from the private sector to support the arts and arts education activities in the St. Louis metropolitan area."

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Evaluation Conclusions

              

Arts and Education Council of Greater St. Louis (AEC) meets the 20 Standards for Charity Accountability.
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Programs

              

Allocations and grants to agencies for performing/visual arts and arts education services.

For the fiscal year ended December 31, 2010, AEC's program expenses were:

  
Sustaining Allocations 670,000
Other 474,640
Centene Center for the Arts 454,477
Grants 355,800
Incentive Allocations 17,301
Total Program Expenses: $1,972,218
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Governance

              

Chief Executive : Cynthia Prost, President
Compensation*:
$150,226

Chair of the Board: Glenn Sheffield
Chair's Profession / Business Affiliation: Community Volunteer

Board Size: 34

Paid Staff Size: 10

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, print advertisements, television, radio, grant proposals, internet
Fund raising costs were 16% of related contributions. (Related contributions, which totaled $1,984,082, are donations received as a result of fund raising activities.)
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Tax Status

              

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.
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Financial

              

The following information is based on AEC's audited financial statements for the fiscal year ended December 31, 2010.

Source of Funds  
Annual Campaign Contributions 1,722,774
Rental Income 316,339
Special Events 239,566
Bequest 192,500
Other Income 23,823
In-Kind Contributions 21,742
Total Income $2,516,744


chart



Uses of Funds as a % of Total Expenses

Programs: 81%  Fund Raising: 13%  Administrative: 6% 

Total income   $2,516,744
  Program expenses $1,972,218
  Fund raising expenses 326,791
  Administrative expenses 149,245
 
Total expenses   $2,448,254
Income in Excess of Expenses   68,490
Beginning net assets   693,686
Ending net assets   762,176
Total liabilities   1,090,398
Total assets   $1,852,574


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