Academy Of Performing Arts Incorporated
- Assets
- $639.9k
- Revenue
- $430.8k
- Investments
- $0.0
- Employees
- 36
- Location
- Orleans, MA
- Founding
- 01/1977
- Data as of
- 08/2024
- EIN
- 04-2575134
Organization Overview
Academy Of Performing Arts Incorporated is located in Orleans, MA. The organization was established in 1977. 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. As of 08/2024, Academy Of Performing Arts Incorporated employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of Performing 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 08/2024, Academy Of Performing Arts Incorporated generated $430.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $413.7k during the year ending 08/2024. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 9 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE ACADEMY OF PERFORMING ARTS IS AN INNOVATIVE THEATRICAL VENUE FOR HANDS-ON LEARNING, CREATIVITY, AND ENTERTAINMENT FOR THE CAPE COD COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERFORMING ARTS CLASSES, THEATRE PRODUCTIONS, AND PROGRAMS OPEN TO THE PUBLIC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samantha Govoni Roderick President | OfficerTrustee | 1 | $300 |
Michael Barry Vice Preside | OfficerTrustee | 1 | $0 |
Karen Hepinstall Treasurer | OfficerTrustee | 1 | $3,500 |
Amy Kaser Clerk | OfficerTrustee | 1 | $0 |
Terrence Brady Trustee | Trustee | 1 | $750 |
John Kennedy Trustee | Trustee | 1 | $0 |
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 | $71,235 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,235 |
| Total Program Service Revenue | $361,303 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,700 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $430,838 |
| 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. | $13,353 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $130,660 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,657 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,831 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,414 |
| Advertising and promotion | $0 |
| Office expenses | $10,701 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,045 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,554 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,796 |
| Insurance | $13,303 |
| All other expenses | $0 |
| Total functional expenses | $413,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,298 |
| 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 | $0 |
| Net Land, buildings, and equipment | $515,641 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $639,939 |
| 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 | $89,208 |
| Total liabilities | $89,208 |
| Net assets without donor restrictions | $539,131 |
| Net assets with donor restrictions | $11,600 |
| 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 | $639,939 |