Artmax Academy
- Assets
- $56.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beaverton, OR
- Founding
- 07/2010
- Data as of
- 06/2024
- EIN
- 27-1359813
Organization Overview
Artmax Academy is located in Beaverton, OR. The organization was established in 2010. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Artmax 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 06/2024, Artmax Academy generated $73.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $70.4k during the year ending 06/2024. While expenses have increased by 5.9% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hossein Salehi Executive Director | 40 | $39,760 | |
Behnam Fakraver Secretary | 5 | $0 | |
Allreza Faheh Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,359 |
| Total Program Service Revenue | $12,138 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $370 |
| Net Income from Gaming & Fundraising | -$7,569 |
| Other Revenue | $0 |
| Total Revenue | $73,298 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,657 |
| Professional fees and other payments to independent contractors | $5,265 |
| Occupancy, rent, utilities, and maintenance | $5,250 |
| Printing, publications, postage, and shipping | $1,237 |
| Other expenses | $8,729 |
| Total expenses | $70,438 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,860 |
| Other assets | $0 |
| Total assets | $56,820 |
| Total liabilities | $1,032 |
| Net assets or fund balances | $55,788 |