River Tree Arts
- Assets
- $536.3k
- Revenue
- $341.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Kennebunk, ME
- Founding
- 08/1986
- Data as of
- 04/2022
- EIN
- 01-0411857
Organization Overview
River Tree Arts is located in Kennebunk, ME. The organization was established in 1986. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, 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. River Tree Arts 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 04/2022, River Tree Arts generated $341.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $308.5k during the year ending 04/2022. While expenses have increased by 1.0% per year over the past 7 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
RIVER TREE ARTS IS A NONPROFIT COMMUNITY ARTS ORGANIZATION DEVOTED TO ENCOURAGING A WIDER AND DEEPER UNDERSTANDING OF THE ARTS BY PROVIDING INNOVATIVE AND ACCESSIBLE OPPORTUNITIES FOR APPRECIATION, EDUCATION, AND PARTICIPATION IN THE ARTS FOR ALL AGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC PROGRAMS
DANCE SCHOOL
ADULT PROGRAMS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paula Gagnon President | OfficerTrustee | 16 | $0 |
Meg Parkhurst Vice President & Secretary | OfficerTrustee | 6 | $0 |
Mark Digiovanni Treasurer | OfficerTrustee | 6 | $0 |
Nicholas Howley Director | Trustee | 4 | $0 |
Tina Fischer Director | Trustee | 4 | $0 |
Rae Ingwersen Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,750 |
| Fundraising events | $4,332 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,791 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,873 |
| Total Program Service Revenue | $269,013 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $228 |
| 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 | $341,114 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $42,075 |
| Compensation of current officers, directors, key employees. | $10,940 |
| Compensation to disqualified persons | $9,568 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $349 |
| Payroll taxes | $8,833 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $245 |
| Fees for services: Accounting | $3,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $90,054 |
| Advertising and promotion | $3,732 |
| Office expenses | $12,426 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,271 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18,727 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,024 |
| Insurance | $10,620 |
| All other expenses | $424 |
| Total functional expenses | $308,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,986 |
| Savings and temporary cash investments | $0 |
| 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 | $1,890 |
| Net Land, buildings, and equipment | $417,911 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,492 |
| Total assets | $536,279 |
| Accounts payable and accrued expenses | $1,119 |
| 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 | $363,983 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,130 |
| Total liabilities | $367,232 |
| Net assets without donor restrictions | $161,449 |
| Net assets with donor restrictions | $7,598 |
| 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 | $536,279 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that River Tree Arts has recieved totaling $21,938.
| Awarding Organization | Amount |
|---|---|
Onion Foundation Wayne, ME PURPOSE: GENERAL PURPOSE | $15,500 |
Weintraub Family Foundation Encino, CA PURPOSE: UNRESTRICTED SUPPORT | $3,500 |
William J J Gordon Family Foundation New York, NY PURPOSE: GENERAL & UNRESTRICTED | $2,500 |
Amica Companies Foundation Lincoln, RI PURPOSE: GENERAL PURPOSE | $438 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Concord Community Music School Concord, NH | $1,545,273 | $1,585,620 |
317 Main St Community Music Center Inc Yarmouth, ME | $4,625,414 | $3,657,456 |
Kneisel Hall Blue Hill, ME | $13,811,555 | $1,519,605 |
The Spartan Junior Drum And Bugle Corps Inc Nashua, NH | $341,545 | $843,857 |
Portland Conservatory Of Music Portland, ME | $1,611,562 | $945,126 |
Portland School Of Ballet Portland, ME | $186,689 | $547,468 |
Nashua Community Music School Nashua, NH | $219,055 | $475,725 |
Pierre Monteux Memorial Foundation Hancock, ME | $2,143,744 | $541,077 |
Midcoast Music Academy Rockport, ME | $339,108 | $341,245 |
River Tree Arts Kennebunk, ME | $536,279 | $341,114 |
Flying Gravity Circus Wilton, NH | $76,420 | $0 |
New Surry Repertory Theatre And Acting School Inc Blue Hill, ME | $61,781 | $0 |