Chagrin Foundation For Arts
- Assets
- $78.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chagrin Falls, OH
- Founding
- 11/2007
- Data as of
- 06/2023
- EIN
- 20-8612865
Organization Overview
Chagrin Foundation For Arts is located in Chagrin Falls, OH. The organization was established in 2007. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Chagrin Foundation For Arts 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 06/2023, Chagrin Foundation For Arts generated $102.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $140.8k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Prasser Executive Di | 40 | $40,950 | |
Beth Cohen Co-President | 4 | $0 | |
Bruce R Downie Treasurer | 4 | $0 | |
Dwight Milko Director | 1 | $0 | |
Kim Corral Co-President | 4 | $0 | |
Carol Roe Vice Preside | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,161 |
| Total Program Service Revenue | $2,163 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,797 |
| Other Revenue | $0 |
| Total Revenue | $102,121 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $60,694 |
| Professional fees and other payments to independent contractors | $29,414 |
| Occupancy, rent, utilities, and maintenance | $5,425 |
| Printing, publications, postage, and shipping | $1,848 |
| Other expenses | $43,433 |
| Total expenses | $140,814 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,062 |
| Other assets | $0 |
| Total assets | $78,061 |
| Total liabilities | $42,043 |
| Net assets or fund balances | $36,018 |