Elaine Grogan Luttrull
Founder, Minerva Financial Arts
Elaine Grogan Luttrull founded Minerva Financial Arts in 2009 to bridge the gap between business and the arts. She is a CPA who provides financial services to artists and arts organizations through three channels: Direct client services, education, and connectivity.Her direct client service work primarily includes tax compliance, budgetary support, and general coaching and consulting. Elaine educates the non-profit community through financial seminars, which have included the Kennedy Center’s Board Development Series, budgeting presentations for the Foundation Center, seminars hosted by Americans for the Arts, and career development seminars for Juilliard students and alumni. Elaine also contributes articles of interest to the non-profit sector to Guide Star, eHow Money, and Chron.com and she plays a key role as an editor and accounting subject matter expert for Agate Publishing. Her first published business book for the creative class, Numerically Challenged, is in development with Agate Publishing with expected publication in 2013. Elaine’s ability to explain complex finance and accounting topics to both experts and non-experts has created an incredible demand for both her writing and presentations. Through her connectivity efforts, Elaine aims to foster a supportive network among those who manage arts organizations through periodic social events (which almost always include wine). Until June 2011, Elaine served as the Director of Financial Analysis for The Juilliard School where her work included accounting for the investment of the endowment, managing the tax-exempt bond issuance, budgeting at both the organizational level and for specific grant proposals or special initiatives, completing entity-level tax returns, and modeling complex financial hypotheses. Previously, she worked for Ernst & Young in its Transaction Advisory Services practice in New York from 2003 through 2007. Elaine is an active member of the Arts & Business Council of New York and the Ohio Art League. She has chaired three fundraising events in support of professional volunteerism, and she serves on the BVA Steering Committee of the Arts & Business Council. In 2009, the Arts & Business Council recognized Elaine’s work with its Creative Business Volunteer of the Year award, and her work with The Puppetry Arts Theatre was featured as part of President Obama's 2009 United We Serve campaign on volunteerism. Elaine graduated magna cum laude from the University of Missouri. She holds a master of accountancy, a bachelor of science in accountancy and a bachelor of science in economics, and she is a Certified Professional Accountant in Missouri and Ohio.