Arts Extension Institute Inc is located in Florence, MA. The organization was established in 1981. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Arts Extension Institute 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 06/2023, Arts Extension Institute Inc generated $72.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $24.4k during the year ending 06/2023. 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
AEI RECIEVED $72,450 IN FUNDING FROM SEVERAL SOURCES TO SUPPORT A VARIETY OF REGIONAL AND LOCAL PROJECTS INCLUDING A MUSEUM AND REGIONAL PILOT PROJECT. AEI CONTRACTED WITH VARIOUS LOCAL AGENCIES AND INDIVIDUALS IN CARRYING OUT THE PROJECTS AND ALSO CONTRACTED WITH AES FOR ASSISTANCE FOR WORK ON THE PROJECTS. AT 6/30/23 AEI OWES AES $62,205 FOR WORK RELATED TO THE PROJECTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Barbara Schaffer-Bacon Director | 2 | $0 | |
Pam Korza Secretary | 2 | $0 | |
Dorothy Chen-Courtin PHD Director | 2 | $0 | |
Craig Dreeszen PHD Treasurer | 5 | $0 | |
Hon Stanley Rosenberg President | 5 | $0 | |
Shirley Sneve Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $72,450 |
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 | $72,450 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $24,440 |
Total expenses | $24,440 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $83,815 |
Other assets | $0 |
Total assets | $83,815 |
Total liabilities | $0 |
Net assets or fund balances | $83,815 |