Peninsula Art Academy
- Assets
- $62.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Peninsula, OH
- Founding
- Data as of
- 12/2021
- EIN
- 20-1068785
Organization Overview
Peninsula Art Academy is located in Peninsula, OH. According to its NTEE Classification (A90) the organization is classified as: Arts Services, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peninsula Art Academy 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 12/2021, Peninsula Art Academy generated $105.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $115.1k during the year ending 12/2021. While expenses have increased by 2.3% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ART INSTRUCTION AND SPECIAL EXHIBITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Van Steenberg President | 0 | $0 | |
Barbara Megery Treasurer | 0 | $0 | |
Kay Hoffman Secretary | 0 | $0 | |
Greg Canda Director | 0 | $0 | |
Barbara Pennington Director | 0 | $0 | |
Camille Tulcewicz Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,649 |
| Total Program Service Revenue | $97,893 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,542 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $68,685 |
| Occupancy, rent, utilities, and maintenance | $31,626 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,768 |
| Total expenses | $115,079 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,122 |
| Other assets | $0 |
| Total assets | $62,694 |
| Total liabilities | $54,767 |
| Net assets or fund balances | $7,927 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Peninsula Art Academy has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Akron Community Foundation Akron, OH PURPOSE: TO SUPPORT OPERATING EXPENSES AND TECHNOLOGY UPGRADES | $10,000 |
Akron Community Foundation Akron, OH PURPOSE: TO SUPPORT OPERATING EXPENSES AND TECHNOLOGY UPGRADES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saveartspace Grand Blanc, MI | $216,862 | $790,017 |
Newark Sport And Event Commission Newark, OH | $1,160,361 | $569,037 |
Passion Works Athens, OH | $255,327 | $633,062 |
Radiant Hall Studios Pittsburgh, PA | $175,357 | $431,597 |
Augusta Ferry Authority Inc Augusta, KY | $165,919 | $419,126 |
Nickel Plate Arts Inc Noblesville, IN | $138,591 | $422,458 |
Sew Valley Cincinnati, OH | $109,676 | $391,797 |
Zygote Press Inc Cleveland, OH | $317,709 | $287,825 |
Detroit Artists Market Detroit, MI | $358,384 | $246,278 |
Chester County Bar Foundation West Chester, PA | $1,653,992 | $260,556 |
Hoosier Salon Patrons Association Indianapolis, IN | $235,840 | $346,649 |
3 Dots Downtown State College, PA | $16,104 | $0 |