Leap Of Faith Arts Ministries is located in Plainfield, IL. The organization was established in 2012. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leap Of Faith Arts Ministries 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, Leap Of Faith Arts Ministries generated $169.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $165.4k during the year ending 12/2022. While expenses have increased by 8.7% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE HIGH QUALITY INSTRUCTION, ARTISTRY OF INTEGRITY, AND APPROPRIATE MUSIC AND DANCE MOVEMENTS IN OUR CHRIST-CENTERED PROGRAMS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Lisa Matich President | 20 | $0 | |
Lauren Torres Treasurer | 20 | $0 | |
Angela Tarman Secretary | 20 | $2,824 | |
Andrea Nelson Director | 12 | $20,243 | |
Cesar Soriano Director | 20 | $0 | |
Christy Hage Director | 20 | $365 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,029 |
| Total Program Service Revenue | $166,085 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $169,114 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $78,692 |
| Professional fees and other payments to independent contractors | $250 |
| Occupancy, rent, utilities, and maintenance | $37,681 |
| Printing, publications, postage, and shipping | $411 |
| Other expenses | $48,408 |
| Total expenses | $165,442 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,824 |
| Other assets | $0 |
| Total assets | $23,474 |
| Total liabilities | $12,335 |
| Net assets or fund balances | $11,139 |