Center Grove Fine Arts Academy Inc
- Assets
- $41.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greenwood, IN
- Founding
- 11/2018
- Data as of
- 12/2021
- EIN
- 83-0672707
Organization Overview
Center Grove Fine Arts Academy Inc is located in Greenwood, IN. 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. Center Grove 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 12/2021, Center Grove Fine Arts Academy Inc generated $172.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $218.2k during the year ending 12/2021. While expenses have increased by 24.0% per year over the past 4 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY THEATRE AND ARTS EDUCATION.
Describe the Organization's Program Activity:
Part 3
PRODUCTION OF VARIOUS PLAYS AND MUSICALS.
SUMMER CAMPS FOR GRADES K - 8TH.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Landis Executive Dir. | 45 | $46,000 | |
Amy Hyman Member | 5 | $0 | |
Kristopher Copes Vp/treasurer | 5 | $0 | |
Garod Cavanaugh Member | 1 | $0 | |
Erin Troxell Secretary | 5 | $0 | |
Shonda Sonnefield Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,151 |
| Total Program Service Revenue | $118,479 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,562 |
| Other Revenue | $749 |
| Total Revenue | $172,159 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $81,970 |
| Professional fees and other payments to independent contractors | $1,950 |
| Occupancy, rent, utilities, and maintenance | $51,213 |
| Printing, publications, postage, and shipping | $16 |
| Other expenses | $83,054 |
| Total expenses | $218,203 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,481 |
| Other assets | $0 |
| Total assets | $40,984 |
| Total liabilities | $100,700 |
| Net assets or fund balances | -$59,716 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Center Grove Fine Arts Academy Inc has recieved totaling $7,787.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,787 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Music Institute Of Chicago Evanston, IL | $11,276,124 | $7,011,364 |
Chicago Academy For The Arts Chicago, IL | $3,169,468 | $6,255,209 |
Frazier Academy Design Team Inc Chicago, IL | $0 | $3,133,368 |
Indianapolis Art Center Inc Indianapolis, IN | $17,635,206 | $3,948,601 |
Ingenuity Incorporated Chicago Chicago, IL | $7,892,105 | $6,208,550 |
Marwen Foundation Chicago, IL | $21,640,226 | $2,262,448 |
Urban Gateways Chicago, IL | $1,900,361 | $2,567,092 |
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 |
Evanston Art Center And Market Evanston, IL | $5,253,080 | $1,872,951 |
Arts Of Life Chicago, IL | $862,987 | $1,651,270 |
Appalachian Artisan Center Of Kentucky Inc Hindman, KY | $4,477,331 | $761,854 |