Womans Exchange Inc of Sarasota

Womans Exchange Inc of Sarasota

Sarasota, FL 34236
Tax ID59-1109482

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About this organization

Revenue

$3,960,898

Expenses

$3,695,134

Mission

The Woman's Exchange Inc of Sarasota is a non-profit, tax-exempt organization with a central purpose of supporting and enriching a variety of programs for local cultural organizations. Funds for this purpose are realized through a consignment operation in which merchandise is accepted either for donation or for consignment to be sold in its store. Grants and scholarships derived from the earnings of this store are used to enrich and strengthen arts-related programs and to encourage creativity in organizations and individuals throughout the community.

About

Grants and scholarships provided to college students pursuing an education in the arts and arts organizations for the fiscal year 2017-2018

Interesting data from their 2019 990 filing

From their filing, the objective of the non-profit is stated as “The organizations primary exempt purpose is the operation of a consignment shop, the proceeds from which are used to provide grants and scholarships for the arts.”.

When talking about its functions, they were outlined as: “The organizations primary exempt purpose is the operation of a consignment shop, the proceeds from which are used to provide grants and scholarships for the arts.”.

  • The legally reported state of operation for the non-profit is FL.
  • According to the filing, the non-profit's address in 2019 is 1460 GULFVIEW DRIVE, SARASOTA, FL, 34236.
  • The non-profit organization as of 2019 has a total of 27 employees reported on their form.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $265,764.
  • The CEO's compensation within the organization is not based on a review and approval by an independent party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 8 independent voting members.
  • The organization was formed in 1962.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization pays $568,477 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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