Art Therapy Studio
- Assets
- $1.2m
- Revenue
- $614.1k
- Investments
- $0.0
- Employees
- 18
- Location
- Cleveland, OH
- Founding
- 05/1968
- Data as of
- 12/2023
- EIN
- 34-6608596
Organization Overview
Art Therapy Studio is located in Cleveland, OH. The organization was established in 1968. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 12/2023, Art Therapy Studio employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Art Therapy Studio 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 12/2023, Art Therapy Studio generated $614.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $593.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE DEVELOP RELATIONSHIPS AND FACILITATE ART INTERVENTIONS BETWEEN QUALIFIED ART THERAPISTS AND OUR CLIENT-ARTISTS, TO ACTIVATE THE CLINICALLY PROVEN BENEFICIAL HEALING POWERS OF ARTMAKING. WE USE A STRENGTHS-BASED, TRAUMA INFORMED APPROACH TO EMPOWER THOSE WE SERVE TO REACH THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART THERAPY STUDIO IS A NON-PROFIT ORGANIZATION WITH A 50+ YEAR HISTORY OF PROVIDING ART THERAPY IN A SAFE SPACE FOR ALL PEOPLE. WE SERVE THOSE SEEKING HEALING, WELLNESS, AND SELF-CARE, INCLUDING SERVING INDIVIDUALS FROM HISTORICALLY UNDERSERVED POPULATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Weidrick President | OfficerTrustee | 1 | $0 |
Marilea Campomizzi Vice President | OfficerTrustee | 1 | $0 |
Sara Rufo Treasurer | OfficerTrustee | 1 | $0 |
Carmen Alcorn Secretary | OfficerTrustee | 1 | $0 |
Maura L Hughes Trustee | Trustee | 1 | $0 |
Jason Hutchinson Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $89,015 |
| All other contributions, gifts, grants, and similar amounts not included above | $129,052 |
| Noncash contributions included in lines 1a–1f | $1,466 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $218,067 |
| Total Program Service Revenue | $399,464 |
| Investment income | $13,344 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$16,784 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $614,091 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $64,159 |
| Compensation of current officers, directors, key employees. | $10,907 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $346,695 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,250 |
| Payroll taxes | $31,568 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,805 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,486 |
| Advertising and promotion | $0 |
| Office expenses | $25,358 |
| Information technology | $1,914 |
| Royalties | $0 |
| Occupancy | $30,644 |
| Travel | $588 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $980 |
| Insurance | $2,623 |
| All other expenses | $0 |
| Total functional expenses | $593,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $423,684 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $53,847 |
| Accounts receivable, net | $67,511 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $420 |
| Investments—publicly traded securities | $647,584 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $817 |
| Total assets | $1,193,863 |
| Accounts payable and accrued expenses | $7,334 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,334 |
| Net assets without donor restrictions | $968,648 |
| Net assets with donor restrictions | $217,881 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,193,863 |