Great Lakes Experimental Arts Inc
- Assets
- $272.9k
- Revenue
- $394.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Highland, MI
- Founding
- Data as of
- 12/2023
- EIN
- 26-4684038
Organization Overview
Great Lakes Experimental Arts Inc is located in Highland, MI. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Great Lakes Experimental Arts Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Great Lakes Experimental Arts Inc generated $394.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $323.5k during the year ending 12/2023. While expenses have increased by 9.4% per year over the past 9 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRESENTATION OF ART - 2300 ATTEND A FOUR DAY ARTS EXHIBITION FESTIVAL WHERE ARTISTS ARE GIVEN AN OPPORTUNITY TO DISPLAY THEIR ART.
THE FUNDING OF ART - MANY NEW ARTWORKS ARE CREATED THROUGH THE DISTRIBUTION OF GRANTS TO ARTISTS AND PERFORMERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Holmes Director | 10 | $0 | |
Monica Pilcher President | 12 | $0 | |
Neha Singh Vice Preside | 10 | $0 | |
Benjamin Gonzales Director | 10 | $0 | |
Emily Ivferson Secretary | 10 | $0 | |
Robert Kolb Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $394,064 |
| Interest on Savings | $137 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $394,201 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $10,967 |
| Printing and publications | $4,466 |
| Other expenses | $306,915 |
| Total operating and administrative expenses | $323,490 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $323,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,210 |
| Savings and temporary cash investments | $187,676 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $272,886 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Great Lakes Experimental Arts Inc has awarded $3,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NEW ERA ELEMENTARY SCHOOL PURPOSE: ART EDUCATION | $3,000 |
GRANT TOWNSHIP FIRE DEPARTMENT PURPOSE: COMMUNITY OUTREACH | $500 |