Inspiring Arts Inc
- Assets
- $53.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 12/2018
- Data as of
- 08/2023
- EIN
- 82-2906728
Organization Overview
Inspiring Arts Inc is located in Cincinnati, OH. The organization was established in 2018. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Inspiring Arts 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 08/2023, Inspiring Arts Inc generated $143.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $141.0k during the year ending 08/2023. While expenses have increased by 16.9% per year over the past 5 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
SUCCESSFULLY PRODUCED THREE COMMUNITY THEATER PRODUCTIONS WHICH COLLECTIVELY SERVED 5200 PEOPLE (AUDIENCE, CAST, AND CREW MEMBERS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tara Dudley President | 6 | $0 | |
Melissa Frederiksen Treasurer | 4 | $0 | |
Shannon Cook Secretary | 1 | $0 | |
James Kenniv Board Member | 1 | $400 | |
Ellen Burkhard Board Member | 1 | $0 | |
John Wood Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,035 |
| Total Program Service Revenue | $138,975 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $100 |
| Other Revenue | $0 |
| Total Revenue | $143,110 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,683 |
| Professional fees and other payments to independent contractors | $35,515 |
| Occupancy, rent, utilities, and maintenance | $11,314 |
| Printing, publications, postage, and shipping | $2,168 |
| Other expenses | $54,334 |
| Total expenses | $141,014 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,046 |
| Other assets | $0 |
| Total assets | $53,546 |
| Total liabilities | $2,387 |
| Net assets or fund balances | $51,159 |