The Mad Factory
- Assets
- $120.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oberlin, OH
- Founding
- 12/1995
- Data as of
- 05/2022
- EIN
- 34-1787202
Organization Overview
The Mad Factory is located in Oberlin, OH. The organization was established in 1995. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, 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. Mad Factory 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 05/2022, Mad Factory generated $167.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $166.6k during the year ending 05/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDED ARTS PROGRAMS FOR CHILDRENINCLUDING ART, DANCE, ACTING AND STORYTELLING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Snyder President | 4 | $0 | |
Suzanne Perine Vice President | 4 | $0 | |
Jill Lukes Treasurer | 4 | $0 | |
Jonathan Goldsmith Trustee | 4 | $0 | |
Nancy London Trustee | 4 | $0 | |
Charlene Hartley Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,549 |
| Total Program Service Revenue | $54,079 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,594 |
| Total Revenue | $167,232 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $112,311 |
| Professional fees and other payments to independent contractors | $4,850 |
| Occupancy, rent, utilities, and maintenance | $9,527 |
| Printing, publications, postage, and shipping | $3,352 |
| Other expenses | $36,554 |
| Total expenses | $166,594 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,617 |
| Other assets | $0 |
| Total assets | $120,934 |
| Total liabilities | $0 |
| Net assets or fund balances | $120,934 |