Elaine Grogan Luttrull is a CPA who has cultivated a lifelong passion and enthusiasm for the arts. She understands the unique financial, managerial, and programmatic challenges faced by artists and arts organizations, and her work focuses on empowerment above all else.
The foundation for Elaine’s professional work with the arts was laid in 2007 when she entered and won a six-word poetry contest hosted by SMITH Magazine with a personal reflection on her career: “Confidence feigned; successes gained; enthusiasm waned.”
Elaine sought to re-gain the lost enthusiasm for her work, and to that end, she founded Minerva Financial Arts in 2009 to help artists and arts organizations build business skills to support creative endeavors.
Elaine has developed business and entrepreneurial curriculum for institutions as varied as St. Lawrence University, the Columbus College of Art & Design, and the Ohio State University, and she currently serves as the Department Head for Business & Entrepreneurship at CCAD.
Her first full-length publication, Arts & Numbers, a financial guide for creative entrepreneurs, was released by Agate Publishing’s B2 imprint in 2013, and her contribution to the AICPA’s publication, Save Happily, Spend Wisely: Real Stories About Money and How to Thrive from Trusted Financial Experts, was released in October 2012. Much of Elaine’s curriculum development work is built around Arts & Numbers, and she makes her instructor guide to the work available upon request.
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. She contributes regularly to Professional Artist magazine, and her work is often featured on the magazine’s cover.
Professional Background & Affiliations
Elaine serves on the board of directors for the Center for Social Enterprise Development in Columbus, Ohio. She is a member of the AICPA and the Ohio Society of CPAs, where she volunteers annually for FETCH, a program that brings practical financial education to children in Central Ohio’s under-served public schools.
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 and special initiatives, completing entity-level tax returns, and modeling complex financial hypotheses. Previously, she worked for Ernst & Young in its Tax and Transaction Advisory Services practice in New York from 2003 through 2007.
From 2007 through 2012, Elaine was a member of the Arts & Business Council of New York. She has chaired three fundraising events in support of professional volunteerism, and she served on the BVA Steering Committee of the Arts & Business Council in 2010 and 2011. 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 business administration with an emphasis in economics. She is a Certified Professional Accountant in Missouri and Ohio.