Association Of Performing Arts Professionals Inc
- Assets
- $3.6m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 22
- Location
- Washington, DC
- Founding
- 01/1970
- Data as of
- 06/2021
- EIN
- 39-1131995
Organization Overview
Association Of Performing Arts Professionals Inc is located in Washington, DC. The organization was established in 1970. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Association Of Performing Arts Professionals Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Performing Arts Professionals 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, Association Of Performing Arts Professionals Inc generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.1%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Association Of Performing Arts Professionals Inc has awarded 41 individual grants totaling $1,774,134. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION OF PERFORMING ARTS PROFESSIONALS DEVELOPS AND SUPPORT A ROBUST PERFORMING ARTS PRESENTING FIELD AND THE PROFESSIONALS WHO WORK IN IT.
Describe the Organization's Program Activity:
RE-GRANTING PROGRAM - GRANTS OF UP TO $2,000 FOR INDIVIDUALS AND $10,000 FOR GROUPS ARE PROVIDED THROUGH OUR INTERNATIONAL CULTURAL EXCHANGE TRAVEL GRANTS. THESE GRANTS ARE AWARDED TO ARTISTS, PRESENTING PROFESSIONALS AND ARTIST MANAGERS/AGENTS TO TRAVEL INTERNATIONALLY TO SEE WORKS, MEET WITH ARTISTS AND ESTABLISH PARTNERSHIPS FOR THE IMPORT AND EXPORT OF ARTISTIC WORKS. IN 2020, IN THE WAKE OF THE GLOBAL PANDEMIC, TRAVEL AWARDS WERE CONVERTED TO GENERAL OPERATING GRANTS TO AWARDEES WITH THE PERMISSION AND APPROVAL OF THE ANDREW W. MELLON FOUNDATION.
MEMBERS CONFERENCE - MORE THAN 3,600 PERFORMING ARTS PROFESSIONALS ATTEND THE CONFERENCE. ACTIVITIES INCLUDE PROFESSIONAL DEVELOPMENT, ROUND TABLE DISCUSSIONS, PRESENTATIONS, ARTIST SHOWCASES, AND EXHIBITIONS.
PROFESSIONAL DEVELOPMENT INCLUDES LEADERSHIP PROGRAMS FOR EMERGING AND MID-CAREER ARTS PROFESSIONALS, FOCUSED ARTIST INSTITUTES, THE DEVELOPMENT AND PRESENTATION OF YEAR-ROUND WORKSHOPS, INTENSIVES AND WEBINARS ON TOPICS AND ISSUES IMPACTING THE FIELD, PROFESSIONAL DEVELOPMENT SESSIONS PROGRAMMED AT THE ANNUAL CONFERENCE, AND THE SHARING OF RESOURCES AND INFORMATION THROUGH ONLINE TOOLS AND NETWORKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Richards-Toney President & CEO | Officer | 40 | $200,000 |
Krista Bradley Director, Programs & Resources | 40 | $111,712 | |
Jean Cook Secretary | OfficerTrustee | 1 | $0 |
Daniel Bernard Roumain Vice Chair | OfficerTrustee | 1 | $0 |
Renae Williams Niles Board Director | OfficerTrustee | 1 | $0 |
Kendra Whitlock Ingram Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Global Experience Specialists Inc Event Services | 6/29/20 | $142,274 |
Global Experience Specialists Inc Event Services | 6/29/20 | $142,274 |
Event Producers Registration Services | 6/29/20 | $134,650 |
Event Producers Registration Services | 6/29/20 | $134,650 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $558,875 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $212,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $768,083 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,539,758 |
| Total Program Service Revenue | $269,880 |
| Investment income | $28,728 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $34,780 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,953,774 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,100 |
| 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. | $751,083 |
| Compensation of current officers, directors, key employees. | $232,836 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $257,284 |
| Pension plan accruals and contributions | -$7,349 |
| Other employee benefits | $38,387 |
| Payroll taxes | $78,887 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,098 |
| Fees for services: Accounting | $29,719 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $146,583 |
| Advertising and promotion | $0 |
| Office expenses | $82,946 |
| Information technology | $150,583 |
| Royalties | $0 |
| Occupancy | $232,077 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $118,039 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,691 |
| Insurance | $19,167 |
| All other expenses | $36,540 |
| Total functional expenses | $2,062,561 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $874,619 |
| Savings and temporary cash investments | $849,380 |
| Pledges and grants receivable | $104,427 |
| Accounts receivable, net | $15,584 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,954 |
| Prepaid expenses and deferred charges | $36,027 |
| Net Land, buildings, and equipment | $120,744 |
| Investments—publicly traded securities | $1,618,776 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $23,266 |
| Total assets | $3,649,777 |
| Accounts payable and accrued expenses | $52,354 |
| Grants payable | $28,397 |
| Deferred revenue | $202,511 |
| 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 | $271,292 |
| Other liabilities | $236,705 |
| Total liabilities | $791,259 |
| Net assets without donor restrictions | $1,087,835 |
| Net assets with donor restrictions | $1,770,683 |
| 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 | $3,649,777 |
Grants Awarded
Over the last fiscal year, Association Of Performing Arts Professionals Inc has awarded $65,360 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
THE AMAZING MAX LLC PURPOSE: Cultural Exchange Fund (49-05) | $9,999 |
THE AMAZING MAX LLC PURPOSE: Cultural Exchange Fund (49-05) | $9,999 |
Sarasota, FL PURPOSE: Cultural Exchange Fund (49-05) | $8,479 |
Sarasota, FL PURPOSE: Cultural Exchange Fund (49-05) | $8,479 |
Los Angeles, CA PURPOSE: Cultural Exchange Fund (49-05) | $7,602 |
Los Angeles, CA PURPOSE: Cultural Exchange Fund (49-05) | $7,602 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Association Of Performing Arts Professionals Inc has recieved totaling $775,275.
| Awarding Organization | Amount |
|---|---|
Doris Duke Charitable Foundation Inc New York, NY PURPOSE: CORE SUPPORT FOR NATIONAL ARTS SERVICE 2021 | $285,600 |
Doris Duke Charitable Foundation Inc New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $250,000 |
Doris Duke Charitable Foundation Inc New York, NY PURPOSE: CORE SUPPORT FOR NATIONAL ARTS SERVICE 2021 | $134,400 |
The Wallace Foundation New York, NY PURPOSE: TO SUPPORT APAP AS A COMMUNICATIONS PARTNER. | $100,000 |
Ford Foundation New York, NY PURPOSE: MATCHING GIFT | $3,450 |
Ford Foundation New York, NY PURPOSE: MATCHING GIFT | $750 |
Endowment Analysis
| Beg. Balance | $1,090,080 |
| Earnings | $341,449 |
| Other Expense | $43,525 |
| Ending Balance | $1,388,004 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Society Of Landscape Architects Inc Washington, DC | $17,442,651 | $12,339,355 |
News Media Alliance Arlington, VA | $20,710,538 | $7,719,219 |
American Association Of Museums Arlington, VA | $11,405,115 | $9,674,597 |
American Press Institute Inc Arlington, VA | $55,812,695 | $5,259,956 |
National Art Education Association Alexandria, VA | $5,332,373 | $7,206,215 |
National Communication Association Washington, DC | $10,518,840 | $3,243,981 |
Architectural Woodwork Institute Potomac Falls, VA | $9,021,141 | $4,703,574 |
National Assembly Of State Arts Agencies Washington, DC | $2,542,835 | $4,408,580 |
Americas Public Television Stations Arlington, VA | $4,157,249 | $3,714,943 |
National Association Of Black Journalists College Park, MD | $7,758,303 | $4,417,067 |
Education Writers Association Washington, DC | $5,548,115 | $3,246,806 |
Magazine Publishers Of America Inc Washington, DC | $7,467,882 | $2,744,126 |