Partnership For The Arts & Humaniti Es Inc
- Assets
- $3.5m
- Revenue
- $188.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Canton, MI
- Founding
- 07/2003
- Data as of
- 12/2022
- EIN
- 38-3643272
Organization Overview
Partnership For The Arts & Humaniti Es Inc is located in Canton, MI. The organization was established in 2003. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Partnership For The Arts & Humaniti Es Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partnership For The Arts & Humaniti Es 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 12/2022, Partnership For The Arts & Humaniti Es Inc generated $188.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $165.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (20.1%) per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EXPAND ARTS AND CULTURAL PROGRAMS IN THE CANTON MICHIGAN AREA. THE VILLAGE ARTS FACTORY IS UTILIZING TWO NATIONALLY REGISTERED HISTORIC STRUCTURES AND BUILDING THEM INTO A STUDIO, GALLERY AND RETAIL SPACE FOR VISUAL ARTISTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDRAISING TO SUPPORT THE PARTNERSHIP AND THE VILLAGE ARTS FACTORY. ALSO INCLUDES THE VILLAGE ARTS FACTORY REHABILITATION AND MAINTENANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Demopoulos Director | Trustee | 2 | $0 |
Herb Scott Director | Trustee | 2 | $0 |
Michael Siegrist Director | Trustee | 2 | $0 |
Mark Waldbauer Director | Trustee | 2 | $0 |
Ann Conklin Past Chair | Officer | 2 | $0 |
Dan Fisher Treasurer | Officer | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jill Engel Executive Director Key Employee, Contractor | 12/30/20 | $7,500 |
Mili Tandon Office Assistant | 12/30/20 | $902 |
Bruce Malinczak Bookkeeper | 12/30/20 | $4,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $177,512 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $177,512 |
| Total Program Service Revenue | $41,654 |
| Investment income | $7 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$38,175 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,796 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $188,794 |
| 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 | $67,395 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,925 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,567 |
| Fees for services: Accounting | $5,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $560 |
| Advertising and promotion | $9,767 |
| Office expenses | $13,713 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $13,144 |
| All other expenses | $0 |
| Total functional expenses | $165,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,221 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,618 |
| 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 | $3,423,311 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,501,150 |
| Accounts payable and accrued expenses | $5,727 |
| 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 | $1,952,420 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,936 |
| Total liabilities | $1,972,083 |
| Net assets without donor restrictions | $1,529,067 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,501,150 |