Premier Arts Incorporated

Organization Overview

Premier Arts Incorporated is located in Elkhart, IN. The organization was established in 1994. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Premier Arts Incorporated employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Premier Arts Incorporated 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, Premier Arts Incorporated generated $816.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $813.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PREMIER ARTS INSPIRES THE IMAGINATION AND DEVELOPS THE CREATIVE SPIRIT OF OUR COMMUNITY. ITS FOCUS IS ON YOUTH, FAMILY AND LIFELONG LEARNING. PREMIER ARTS, THE RESIDENT THEATRE OF THE LERNER PERFORMING ARTS CENTER, IS COMPRISED OF PROFESSIONAL STAFF GUIDED BY ENGAGED COMMUNITY LEADERS SERVING AS THE BOARD OF DIRECTORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PREMIER ARTS, INC. IS DEDICATED TO PERFORMING ARTS WITHIN THE COMMUNITY AND THE PRODUCTOIN OF A WIDE VARIETY OF CULTURAL PERFORMANCES.


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Board, Officers & Key Employees

Name (title)Compensation
Craig Gibson
Executive Director
$68,000
Bj Jellison
Treasurer
$0
Kristin Mereness
Secretary
$0
Elizabeth Bond
President
$0
Alexis Martin Klose
Director
$0
Lisa Gilkey Schoetzow
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $111,800
All other contributions, gifts, grants, and similar amounts not included above$357,017
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$468,817
Total Program Service Revenue$348,304
Investment income $15
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$7,031
Net Income from Fundraising Events -$10,916
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $9,790
Miscellaneous Revenue$0
Total Revenue $816,299

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Premier Arts Incorporated has recieved totaling $63.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$63
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$8,624
Earnings$1,627
Admin Expense$23
Grants$380
Ending Balance$9,848

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