Marion Community School Of The Arts Inc
- Assets
- $384.7k
- Revenue
- $543.4k
- Investments
- $0.0
- Employees
- 12
- Location
- Marion, IN
- Founding
- 03/1996
- Data as of
- 06/2021
- EIN
- 35-1956785
Organization Overview
Marion Community School Of The Arts Inc is located in Marion, IN. The organization was established in 1996. 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 06/2021, Marion Community School Of The Arts Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marion Community School Of The Arts 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 06/2021, Marion Community School Of The Arts Inc generated $543.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $473.9k during the year ending 06/2021. 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
TO PROVIDE INSTRUCTION AND SPECIAL PROGRAMMING IN THE ARTS FOR ALL TALENT LEVELS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TUITION
CHRISTMAS SHOW
GUEST ARTISTS
OTHER INSTRUCTION AND PROGRAMMING TO PROMOTE THE ARTS FOR ALL TALENT LEVELS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Morgan Executive Di | Officer | 40 | $47,740 |
Glen Devitt Director | OfficerTrustee | 1 | $0 |
Stephenson Gibson President | OfficerTrustee | 1 | $0 |
Mallie Grider Director | OfficerTrustee | 1 | $0 |
Evan Hammond Director | OfficerTrustee | 1 | $0 |
Elizabeth Gutierrez Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $213,694 |
| Investment income | $29,033 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $22,402 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,965 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $543,431 |
| Statement of Expenses | |
|---|---|
| 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. | $47,740 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $275,335 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,878 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,430 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,555 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,889 |
| Office expenses | $18,143 |
| Information technology | $673 |
| Royalties | $0 |
| Occupancy | $45,675 |
| Travel | $1,429 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $36 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,679 |
| Insurance | $2,843 |
| All other expenses | $0 |
| Total functional expenses | $473,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,696 |
| Savings and temporary cash investments | $87,145 |
| 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 |
| Investments—publicly traded securities | $4,631 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $148,578 |
| Total assets | $384,668 |
| Accounts payable and accrued expenses | $8,230 |
| 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 | $8,230 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $376,438 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Marion Community School Of The Arts Inc has recieved totaling $50,264.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Grant County Indiana Inc Marion, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $50,200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $64 |
Endowment Analysis
| Beg. Balance | $124,081 |
| Earnings | $27,053 |
| Admin Expense | $2,556 |
| Ending Balance | $148,578 |
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 |