Arena Summit
- Assets
- $1.3m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 11
- Location
- Washington, DC
- Founding
- 11/2018
- Data as of
- 12/2021
- EIN
- 81-5171259
Organization Overview
Arena Summit is located in Washington, DC. The organization was established in 2018. According to its NTEE Classification (R99) the organization is classified as: Civil Rights, Social Action & Advocacy N.E.C., under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, Arena Summit employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arena Summit is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Arena Summit generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $524.2k during the year ending 12/2021. 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
WE CONVENE, TRAIN, AND SUPPORT THE NEXT GENERATION OF CIVIC LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE 2016, ARENA SUMMIT HAS HELD SIX SUMMITS REACHING OVER 2,800 ATTENDEES IN AUSTIN, NASHVILLE, RALEIGH, DETROIT, PHOENIX, AND PHILADELPHIA. THE COMMUNITY EMERGING FROM THESE SUMMITS HAS ALREADY GONE ON TO LAUNCH HUNDREDS OF NEW ORGANIZATIONS. THESE EVENTS BRING TOGETHER ACTIVISTS, CIVIC ENTREPRENEURS, INDUSTRY VETERANS, AND COMMUNITY LEADERS TO MAKE CONNECTIONS AND FORGE NEW PARTNERSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Baer Managing Partner | 25 | $157,292 | |
Santiago Martinez Partner | 25 | $156,667 | |
Debra Cohen Partner | 25 | $150,000 | |
Rebecca Israel Dir Of Development | 25 | $124,200 | |
Julia Leitner Training Director | 25 | $115,695 | |
Ravi Gupta Treasurer | OfficerTrustee | 25 | $8,459 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,463,206 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,463,206 |
| Total Program Service Revenue | $0 |
| 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 | $1,463,206 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $65,000 |
| 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. | $8,459 |
| Compensation of current officers, directors, key employees. | $2,076 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $239,660 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,879 |
| Payroll taxes | $18,355 |
| Fees for services: Management | $3,820 |
| Fees for services: Legal | $8,540 |
| Fees for services: Accounting | $62,733 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,600 |
| Advertising and promotion | $27 |
| Office expenses | $6,413 |
| Information technology | $17,139 |
| Royalties | $0 |
| Occupancy | $4,260 |
| Travel | $9,443 |
| 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 | $0 |
| Insurance | $7,670 |
| All other expenses | $0 |
| Total functional expenses | $524,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $799,331 |
| Savings and temporary cash investments | $20,163 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $436,424 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,255,918 |
| Accounts payable and accrued expenses | $5,782 |
| 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 | $0 |
| Other liabilities | $3,281 |
| Total liabilities | $9,063 |
| Net assets without donor restrictions | $1,246,855 |
| Net assets with donor restrictions | $0 |
| 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 | $1,255,918 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Arena Summit has recieved totaling $150,000.
| Awarding Organization | Amount |
|---|---|
Sixteen Thirty Fund Washington, DC PURPOSE: ENVIRONMENTAL PROGRAMS | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Redistricting Action Fund Washington, DC | $2,491,471 | $27,305,637 |
Third Way Washington, DC | $46,405,531 | $24,133,713 |
Beer Institute Inc Washington, DC | $2,484,747 | $6,014,221 |
Indivisible Civics Inc Washington, DC | $6,731,387 | $5,377,077 |
Grassroots Global Justice Washington, DC | $9,532,760 | $5,014,834 |
Infin A Financial Services Alliance Inc Washington, DC | $664,824 | $3,173,599 |
Leather And Hide Council Of America Washington, DC | $990,424 | $3,045,350 |
Marijuana Policy Project Washington, DC | $258,429 | $2,867,339 |
One Action Washington, DC | $1,056,276 | $2,394,836 |
Family Research Council Action Washington, DC | $784,639 | $2,815,176 |
Our Revolution Washington, DC | $406,824 | $1,702,649 |
Organizing for Action Washington, DC | $0 | $214,635 |