Real Art Ways Inc

Organization Overview

Real Art Ways Inc is located in Hartford, CT. The organization was established in 1977. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2022, Real Art Ways Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Real Art Ways Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2022, Real Art Ways Inc generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $1.5m during the year ending 09/2022. While expenses have increased by 2.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

REAL ART WAYS IS AN ALTERNATIVE MULTIDISCIPLINARY ARTS ORGANIZATION THAT PRESENTS AND SUPPORTS CONTEMPORARY ARTISTS AND THEIR WORK, FACILITATES THE CREATION OF NEW WORK, AND CREATIVELY ENGAGES, BUILDS, AND INFORMS AUDIENCES AND COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FILM AND VIDEO WHICH SERVED 12,214 PEOPLE DURING THE YEAR.


VISUAL ARTS PROGRAM WHICH SERVED 19,532 PEOPLE DURING THE YEAR.


LIVE PERFORMANCE PROGRAM WHICH SERVED 3,896 PEOPLE DURING THE YEAR.


EDUCATIONAL AND FAMILY PROGRAMS WHICH SERVED 3,251 PEOPLE DURING THE YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
John Wilkins
Exec Directo
$173,035
Brenda Miller
Secretary
$0
Gregg Rohde
Chair
$0
Yedalis Ruiz
Vice Chair
$0
Paul Mounds
Director
$0
Olu Oguibe
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $984,215
All other contributions, gifts, grants, and similar amounts not included above$2,617,109
Noncash contributions included in lines 1a–1f $73,395
Total Revenue from Contributions, Gifts, Grants & Similar$3,601,324
Total Program Service Revenue$315,199
Investment income $900
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$1,567
Net Gain/Loss on Asset Sales -$1,335
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,944,659

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Real Art Ways Inc has recieved totaling $15,000.

Awarding OrganizationAmount
Edward C And Ann T Roberts Foundation Inc

West Hartford, CT

PURPOSE: FUNDING TO SUPPORT THE 2022/2023 REAL AWARDS AND EXHIBITIONS

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$503,000
Earnings$205
Other Expense$205
Ending Balance$503,000

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