Innovative Arts Inc
- Assets
- $3.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/2007
- EIN
- 20-4913283
Organization Overview
Innovative Arts Inc is located in New York, NY. The organization was established in 2007. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. Innovative Arts 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 undefined, Innovative Arts Inc generated $2.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $25.7k during the year ending undefined. 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
Describe the Organization's Program Activity:
Part 3
PROMOTION OF THEATRICAL ARTS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,888 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,888 |
| Statement of Expenses | |
|---|---|
| Total expenses | $25,656 |
| Balance Sheet | |
|---|---|
| Total assets | $3,388 |
| Total liabilities | $61,313 |
| Net assets or fund balances | -$57,925 |