Creative Arts Studio Inc
- Assets
- $16.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockville, MD
- Founding
- 03/2002
- Data as of
- 12/2017
- EIN
- 52-2340497
Organization Overview
Creative Arts Studio Inc is located in Rockville, MD. The organization was established in 2002. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Creative Arts Studio 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 12/2017, Creative Arts Studio Inc generated $57.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $46.5k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 3 years. 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
2017
Describe the Organization's Program Activity:
Part 3
ARTS AND SPORTS PREPARED AND PERFORMED IN VARIOUS SHOWS AND PERFORMANCES. TEACHING MATHMATICAL AND SCIENCE KNOWLEDGE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,000 |
| Total Program Service Revenue | $53,236 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,236 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,644 |
| Professional fees and other payments to independent contractors | $10,227 |
| Occupancy, rent, utilities, and maintenance | $10,519 |
| Printing, publications, postage, and shipping | $3,461 |
| Other expenses | $10,671 |
| Total expenses | $46,522 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,383 |
| Other assets | $0 |
| Total assets | $16,088 |
| Total liabilities | $4,361 |
| Net assets or fund balances | $11,727 |