Kre8ive Fine Arts Academy Inc is located in Energy, IL. The organization was established in 2014. According to its NTEE Classification (A65) the organization is classified as: Theater, 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. Kre8ive Fine Arts Academy 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 12/2023, Kre8ive Fine Arts Academy Inc generated $148.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $114.3k during the year ending 12/2023. While expenses have increased by 3.6% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
PERFORMANCE EXPENSES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Robinson President | 0 | $0 | |
Jill Elliott Vice President | 0 | $0 | |
Deanna Deiters Secretary | 0 | $0 | |
Amy Curry Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,295 |
| Total Program Service Revenue | $75,287 |
| Membership dues | $17,701 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,562 |
| Other Revenue | $0 |
| Total Revenue | $148,845 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,055 |
| Occupancy, rent, utilities, and maintenance | $10,070 |
| Printing, publications, postage, and shipping | $1,253 |
| Other expenses | $96,911 |
| Total expenses | $114,289 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,479 |
| Other assets | $0 |
| Total assets | $225,781 |
| Total liabilities | $0 |
| Net assets or fund balances | $225,781 |