Arthentic Arts Incorporated is located in Indianapolis, IN. 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. Arthentic Arts Incorporated 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, Arthentic Arts Incorporated generated $68.0k in total revenue. All expenses for the organization totaled $14.0k during the year ending 12/2023. While expenses have increased by 141.0% per year over the past 3 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
DURING 2021 ARTHENTIC ARTS, INC WAS OFFICIALLY INCORPORATED AND ESTABLISH AS A CHARITABLE ORGANIZATION. WE WERE ABLE TO OPEN ACHIEVE A BOARD A DIRECTORS, OPEN A BANK ACCOUNT, SECURE INITIAL CONTRIBUTIONS FOR BUSINESS FILINGS, AND SETUP PROGRAM FOR 2022.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arneetrice Rias Thompson Director | 15 | $0 | |
Ayanna Peteet Director | 15 | $0 | |
Arielle Ezechukwu Director | 15 | $0 | |
Kanesha Strader Director | 15 | $0 | |
Brittney Box Director | 40 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,000 |
| 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 | $2,190 |
| Occupancy, rent, utilities, and maintenance | $5,800 |
| Printing, publications, postage, and shipping | $10 |
| Other expenses | $4,194 |
| Total expenses | $13,994 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,006 |
| Other assets | $0 |
| Total assets | $54,006 |
| Total liabilities | $0 |
| Net assets or fund balances | $54,006 |