Metroarts Inc
- Assets
- $309.2k
- Revenue
- $205.7k
- Investments
- $0.0
- Employees
- 9
- Location
- Portland, OR
- Founding
- 02/2000
- Data as of
- 12/2022
- EIN
- 93-1260537
Organization Overview
Metroarts Inc is located in Portland, OR. The organization was established in 2000. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Metroarts Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metroarts 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 12/2022, Metroarts Inc generated $205.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $210.3k during the year ending 12/2022. While expenses have increased by 0.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AN EDUCATIONAL ORGANIZATION DEDICATED TO PROMOTING LIFE-LONG LEARNING THROUGH THE ARTS. THE ORGANIZATION BELIEVES THAT EVERY PERSON IS CREATIVE, HAS SOMETHING TO OFFER OUR CULTURE, AND DESERVES THE OPPORTUNITY TO KNOW THAT EXPERIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COGNIZART 360 ARTS CAMP - OVER 100 KIDS, AGES 6 1/2- TO 12, REGISTERED TO BE IMMERSED IN THE ARTS. AN ADDITIONAL 20 KIDS, AGES 13 TO 18, PARTICIPATED AS COUNSELORS, EARNING VALUABLE VOLUNTEER AND WORK EXPERIENCE. THE CAMP GIVES KIDS A CHANCE TO EXPERIENCE ALL ARTS - MUSIC, THEATER, DANCE, AND VISUAL ARTS - FOR ONE OR MORE WEEKS. NEARLY 30% ATTENDED ON FULL OR PARTIAL SCHOLARSHIP.
28TH YOUNG ARTISTS DEBUT! COMPETITION & CONCERTO CONCERT - SIX YOUNG VIRTUOSI AGED 13 TO 17 WERE SELECTED DURING AN EXTENSIVE AUDITION PROCESS. THEY WERE THEN COACHED WITH THE GOAL OF PERFORMING CONCERTOS WITH THE OREGON SYMPHONY AND OREGON BALLET THEATRE ORCHESTRAS FOR A RECORD-BREAKING AUDIENCE OF OVER 350.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Deveney President | OfficerTrustee | 10 | $0 |
Dayna Corwin Secretary | OfficerTrustee | 5 | $0 |
Elizabeth Eklund Treasurer | OfficerTrustee | 5 | $0 |
Scott Howard Director | Trustee | 5 | $0 |
Amy Polo Director | Trustee | 5 | $0 |
Shannon Emory Executive Director | Officer | 40 | $68,860 |
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 | $150,658 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $150,658 |
| Total Program Service Revenue | $54,488 |
| Investment income | $589 |
| 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 | $205,735 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,066 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $74,860 |
| Compensation of current officers, directors, key employees. | $5,989 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,735 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,931 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,243 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,144 |
| Advertising and promotion | $5,399 |
| Office expenses | $1,994 |
| Information technology | $2,426 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $2,568 |
| All other expenses | $0 |
| Total functional expenses | $210,301 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $206,586 |
| Savings and temporary cash investments | $102,579 |
| 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 | $0 |
| 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 | $309,165 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $309,165 |
| 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 | $309,165 |