Art Barn School Of Art Inc
- Assets
- $1.1m
- Revenue
- $211.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Valparaiso, IN
- Founding
- 02/1986
- Data as of
- 12/2021
- EIN
- 35-1621560
Organization Overview
Art Barn School Of Art Inc is located in Valparaiso, IN. The organization was established in 1986. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Art Barn School Of Art Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Art Barn School Of Art Inc 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 12/2021, Art Barn School Of Art Inc generated $211.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $198.9k during the year ending 12/2021. While expenses have increased by 11.0% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ART BARN SCHOOL OF ART, INC. IS TO PROMOTE AND CONDUCT VISUAL ARTS EDUCATIONAL CLASSES AND ACTIVITIES FOR CHILDREN AND ADULTS IN A UNIQUE, RURAL, CREATIVE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLASSES AND WORKSHOPS FOR ADULTS AND CHILDREN, ART CAMPS FOR CHILDREN, AND OPEN STUDIO SESSIONS. THESE ACTIVITIES ARE CONDUCTED IN OUR REMODELED ART BARN BY QUALIFIED LOCAL AND NATIONALLY KNOWN ARTISTS.
VARIOUS EXHIBITS ARE MAINTAINED THROUGHOUT THE YEAR, WITH THE LARGEST BEING THE ANNUAL JURIED ART EXHIBITION. THIS EXHIBIT SHOWS WORKS BY 90 PLUS REGIONAL ARTISTS FOR A PERIOD OF GREATER THAN 30 DAYS. A JUDGE SELECTED WORKS WHOSE ARTISTS WERE GIVEN THE MERIT AWARDS.
OTHER ART ACTIVITIES VARY, AND INCLUDE ART RELATED EVENTS AND THE USE OF FACILITIES BY ART APPRECIATIVE MEMBERS OF THE GENERAL PUBLIC.
AFFORDABLE APARTMENT AND STUDIO RENTAL FOR FOUR ARTISTS, AND TEMPORARY FACILITIES FOR WORKSHOP PROVIDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julia Holmaas President | OfficerTrustee | 20 | $0 |
John Bernbom Vice Preside | OfficerTrustee | 5 | $0 |
Angela Grothaus Treasurer | OfficerTrustee | 5 | $0 |
Denise Chigas Kirkland Secretary | OfficerTrustee | 5 | $0 |
Charles Kirkland Board Member | Trustee | 5 | $0 |
Sandy Appleby Board Member | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,578 |
| All other contributions, gifts, grants, and similar amounts not included above | $44,554 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,132 |
| Total Program Service Revenue | $121,777 |
| Investment income | $23,292 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $211,501 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,630 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,099 |
| Fees for services: Management | $23,359 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,339 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,417 |
| Advertising and promotion | $13,574 |
| Office expenses | $21,061 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $58,337 |
| Travel | $0 |
| 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 | $11,158 |
| Insurance | $5,947 |
| All other expenses | $0 |
| Total functional expenses | $198,921 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,351 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $769,763 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $166,621 |
| Total assets | $1,086,735 |
| Accounts payable and accrued expenses | $7,771 |
| 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 | $24,786 |
| Other liabilities | $0 |
| Total liabilities | $32,557 |
| Net assets without donor restrictions | $887,557 |
| Net assets with donor restrictions | $166,621 |
| 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 | $1,086,735 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Art Barn School Of Art Inc has recieved totaling $29,202.
| Awarding Organization | Amount |
|---|---|
Porter County Community Foundation Inc Valparaiso, IN PURPOSE: TO ASSIST THE ORGANIZATION IN FURTHERING ITS EXEMPT PURPOSE | $19,104 |
John W Anderson Foundation Valparaiso, IN PURPOSE: OPERATING | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $98 |
Endowment Analysis
| Beg. Balance | $145,746 |
| Earnings | $28,434 |
| Admin Expense | $2,004 |
| Net Contributions | $50 |
| Other Expense | $5,605 |
| Ending Balance | $166,621 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Music Institute Of Chicago Evanston, IL | $11,276,124 | $7,011,364 |
Chicago Academy For The Arts Chicago, IL | $3,169,468 | $6,255,209 |
Frazier Academy Design Team Inc Chicago, IL | $0 | $3,133,368 |
Indianapolis Art Center Inc Indianapolis, IN | $17,635,206 | $3,948,601 |
Ingenuity Incorporated Chicago Chicago, IL | $7,892,105 | $6,208,550 |
Marwen Foundation Chicago, IL | $21,640,226 | $2,262,448 |
Urban Gateways Chicago, IL | $1,900,361 | $2,567,092 |
Indiana State School Music Association Inc Indianapolis, IN | $1,923,240 | $2,914,497 |
Wisconsin Foundaton For Educational Administration Inc Madison, WI | $1,928,269 | $1,830,497 |
Evanston Art Center And Market Evanston, IL | $5,253,080 | $1,872,951 |
Arts Of Life Chicago, IL | $862,987 | $1,651,270 |
Appalachian Artisan Center Of Kentucky Inc Hindman, KY | $4,477,331 | $761,854 |