Tbey Arts Center Inc
- Assets
- $248.4k
- Revenue
- $269.9k
- Investments
- $0.0
- Employees
- 9
- Location
- Milwaukee, WI
- Founding
- 10/2005
- Data as of
- 12/2020
- EIN
- 02-0739623
Organization Overview
Tbey Arts Center Inc is located in Milwaukee, WI. The organization was established in 2005. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2020, Tbey Arts Center Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tbey Arts Center 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 12/2020, Tbey Arts Center Inc generated $269.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.4% each year .
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP FINE ARTS APPRECIATION IN YOUTH AND YOUNG ADULTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS DESIGNED TO PROVIDE YOUHS AND YOUNG ADULTS A HANDS ON
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Contessa Loble Executive Dir | Officer | 40 | $38,000 |
Contesa Lobley Executive Dire | Officer | 40 | $38,000 |
Myeshia Cole Program Direct | Officer | 40 | $22,840 |
Daniel B Cha Teaching Artis | Officer | 20 | $11,602 |
C T Crump-Col Instr Artist | Officer | 20 | $10,208 |
Chancie Crump Instr Artist | Officer | 20 | $10,208 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $103,201 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,431 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,632 |
| Total Program Service Revenue | $152,281 |
| Investment income | $0 |
| 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 | $269,913 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,558 |
| Savings and temporary cash investments | $228,026 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,836 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $75 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $16,291 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | -$6,386 |
| Total assets | $248,400 |
| Accounts payable and accrued expenses | $2,591 |
| 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 | $2,591 |
| Net assets without donor restrictions | $245,809 |
| 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 | $248,400 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tbey Arts Center Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Youth Foundation Inc Milwaukee, WI PURPOSE: ARTS GRANT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa Jag Inc Des Moines, IA | $8,216,251 | $8,843,429 |
Braven Incorporated Chicago, IL | $18,157,055 | $13,085,158 |
Gary Comer Youth Center Chicago, IL | $1,153,650 | $6,433,696 |
Achieve Twin Cities Minneapolis, MN | $9,710,050 | $5,735,316 |
Brilliant Detroit Detroit, MI | $8,474,940 | $7,645,252 |
Boys And Girls Club Of Dane County Inc Madison, WI | $16,863,189 | $11,374,930 |
Life Promotions Inc Appleton, WI | $2,405,715 | $5,603,353 |
New City Kids Inc Grand Rapids, MI | $3,713,788 | $6,335,672 |
Bernies Book Bank Lake Bluff, IL | $3,547,957 | $4,899,035 |
The Sanneh Foundation Inc St Paul, MN | $8,014,398 | $5,568,906 |
Minnesota Alliance With Youth Minneapolis, MN | $2,129,148 | $3,889,585 |
Hype Athletics Community Inc Dearborn Heights, MI | $8,352,601 | $3,293,270 |