ART STUDENTS LEAGUE OF DENVER
200 Grant Street, Denver, CO 80203 www.asld.org

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Organizations Filed Purposes: The Art Students League of Denver (ASLD) is a non-accredited, not-for-profit, membership based fine arts education community. ASLD provides an inclusive art community where professional artists guide individuals of all abilities to reach their highest potential.

See Part III, Line 1.

Art Courses: COVID-19 was difficult on ASLD as all of our in-person events were cancelled mid-March through August. Approximately 65% of ASLD's operating revenues is typically course fee income, which supports over 200 artists and models, our incredible facilities, and an extensive programming of free or low-cost community engagement activities. We pivoted to virtual experiences where possible, and we continue to develop that platform. However, ASLD had to refund over $100,000 in course fees and had to cancel the 2020 Summer Art Market. Continued on Schedule OSAM is our largest annual fundraising event, generating revenue through corporate sponsorships and booth sales, while also supporting the economic vitality of our artists who earn revenue in direct art sales. The total amount of revenue lost last fiscal year due to closures and cancellations was approximately $575,000. ASLD is fortunate to have unrestricted reserves as well as a Line of Credit. In addition, ASLD has sought and received COVID-19 relief wherever possible. These relief funds helped to mitigate some of the financial impact of COVID-19.

Summer Art Market: Summer Art Market (SAM) is ASLD's annual outdoor street fair, held every June since 1992. The event showcases almost 300 local artists, all of whom are part of the ASLD community, as faculty, students and members. Each year, 20,000 people attend, comprising a loyal base of collectors, donors, sponsors and members of the public. It has widely been called the best art market in all of Colorado. ASLD makes no money from the sale of art, but does raise funds through booth rental fees, and food and beverage sales at the event. Expenses include event planners, licenses, entertainment, supplies, marketing, security, and other infrastructure for the event itself. SAM 2020 was cancelled due to government capacity restrictions put in place during the pandemic.

Other Programs: Over the past few years, ASLD has pursued partnerships with a variety of comunity organizations to provide art experiences to individuals who may not otherwise have the opportunity. Some of these partnerships include the Denver Public Library, where ASLD faculty artists teach hands-on art workshops in libraries to intergenerational audiences; Jefferson County Schools, where faculty teach art teachers studio techniques; and with a variety of other art organizations to offer joint programming. Revenue for these programs comes from a combination of grants and registration fees. Expenses include wages and supplies.Continued on Schedule O.ASLD hosts a variety of exhibitions at our historic Grant Street building and in partnership with various creative spaces throughout the community. Representing the diversity of the thriving Denver arts community, our exhibitions also provide an opportunity to examine current trends and purchase original fine art from faculty, students and celebrated artists from across the U.S.Each year, the Visiting Artist Series brings several notable artists to ASLD to teach master classes, which supplement existing ongoing classes and workshops. This extraordinary opportunity allows students and artists from the community to work and learn from some of today's most significant working artists.

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