Signal Return Inc
- Assets
- $347.9k
- Revenue
- $261.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Detroit, MI
- Founding
- 03/2014
- Data as of
- 06/2021
- EIN
- 45-2694042
Organization Overview
Signal Return Inc is located in Detroit, MI. The organization was established in 2014. 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, Signal Return Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Signal Return 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, Signal Return Inc generated $261.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $169.0k 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
THE ORGANIZATION IS A DETROIT COMMUNITY ARTS EDUCATION CENTER DEDICATED TO THE PRESERVATION OF THE ART AND CRAFT OF LETTERPRESS PRINTING
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION BUILDS COMMUNITY BY BRINGING PEOPLE TOGETHER IN AN OPEN AND COLLABORATIVE ARTS SPACE, BY PROMOTING THE COMBINED IMPACT OF WORD AND IMAGE AND THE POWER OF THE DEMOCRATIC MULTIPLE, AND BY TEACHING AN APPRECIATION FOR CREATIVE EXPRESSION COMBINED WITH CRAFTSMANSHIP AND TECHNICAL EXPERTISE. THE ORGANIZATION PRESENTS HANDS-ON WORKSHOPS, GUEST ARTIST SERIES, AN OPEN STUDIO FOR EXPERIENCED PRINTERS, AND SPECIAL PARTNERSHIPS WITH OTHER ARTS AND CULTURE ORGANIZATIONS, IN ORDER TO BRING INNOVATIVE PROGRAMMING TO THE DETROIT COMMUNITY. THE ORGANIZATION'S GOAL IS TO STRENGTHEN AND EXPAND THESE EFFORTS IN A PROGRAM THAT IS SUSTAINABLE, SUCCESSFUL, AND WELL-SUPPORTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynne Avadenka Artistic Director | Officer | 40 | $48,845 |
Erica Battle Chair | OfficerTrustee | 3 | $0 |
Ben Bator Secretary | OfficerTrustee | 1 | $0 |
Michelle Andonian Director | Trustee | 1 | $0 |
Toby Barlow Director | Trustee | 1 | $0 |
Ronica Dhar Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $37,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $157,540 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $195,240 |
| Total Program Service Revenue | $18,077 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $261,758 |
| 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. | $53,909 |
| Compensation of current officers, directors, key employees. | $8,086 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,135 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,753 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $925 |
| Fees for services: Accounting | $4,891 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,820 |
| Advertising and promotion | $415 |
| Office expenses | $589 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,715 |
| 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 | $9,814 |
| Insurance | $3,955 |
| All other expenses | $6,835 |
| Total functional expenses | $169,046 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,528 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $157,693 |
| 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 | $41,975 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,700 |
| Total assets | $347,896 |
| Accounts payable and accrued expenses | $4,399 |
| 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 | $23,295 |
| Other liabilities | $0 |
| Total liabilities | $27,694 |
| Net assets without donor restrictions | $221,327 |
| Net assets with donor restrictions | $98,875 |
| 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 | $347,896 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Signal Return Inc has recieved totaling $105,957.
| Awarding Organization | Amount |
|---|---|
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: HELP LOCAL ARTISTS REIMAGINE CONNECTION AND PUBLIC ENGAGEMENT | $60,000 |
The Mental Insight Foundation Sonoma, CA PURPOSE: CHARITABLE | $15,000 |
Hudson-Webber Foundation Detroit, MI PURPOSE: MEETING RESERVE | $12,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $7,957 |
Hudson-Webber Foundation Detroit, MI PURPOSE: DETROIT ART SUPPORT 2019-2021 | $5,000 |
Kresge Foundation Troy, MI PURPOSE: THIS GRANT PROVIDES GENERAL OPERATING SUPPORT TO SIGNAL-RETURN AS PART OF ROUND 6 OF THE DETROIT ARTS SUPPORT (DAS) INITIATIVE, WHICH PROVIDES UNRESTRICTED SUPPORT TO ARTS AND CULTURE ORGANIZATIONS OF ALL DISCIPLINES AND SIZES ACROSS THE METROPOLITAN DETROIT AREA. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Interlochen Center For The Arts Interlochen, MI | $234,270,312 | $77,699,935 |
Flint Institute Of Arts Flint, MI | $64,606,144 | $9,980,420 |
Blue Lake Fine Arts Camp Twin Lake, MI | $13,832,939 | $7,779,561 |
Indianapolis Art Center Inc Indianapolis, IN | $17,635,206 | $3,948,601 |
Graham Gund Gallery Gambier, OH | $8,250,705 | $4,357,194 |
Oxbow Saugatuck, MI | $6,747,769 | $2,600,895 |
Art Opportunities Inc Cincinnati, OH | $2,054,110 | $2,614,332 |
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 |
Sandusky Artisans Cooperative Sandusky, OH | $1,372,352 | $1,709,414 |
Peggy R Mcconnell Worthington Center For The Arts Worthington, OH | $1,784,443 | $1,123,568 |
Anthroposophical Society In America Ann Arbor, MI | $2,697,785 | $1,103,549 |