Serafina Arts Inc
- Assets
- $136.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 06/2006
- Data as of
- 12/2022
- EIN
- 16-1754953
Organization Overview
Serafina Arts Inc is located in Ann Arbor, MI. The organization was established in 2006. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Serafina Arts 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, Serafina Arts Inc generated $167.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 70.0% each year . All expenses for the organization totaled $143.8k during the year ending 12/2022. While expenses have increased by 40.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Dworkin President | 30 | $111 | |
Marcus Collins Board Member | 0 | $0 | |
Bev Willis Board Member | 0 | $0 | |
Hedieh Briggs Board Member | 0 | $0 | |
Albert Nazarian Board Member | 0 | $0 | |
Sean Duval Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,100 |
| Total Program Service Revenue | $112,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $58 |
| Total Revenue | $167,158 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $120,437 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,367 |
| Total expenses | $143,804 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,036 |
| Other assets | $0 |
| Total assets | $136,036 |
| Total liabilities | $3,554 |
| Net assets or fund balances | $132,482 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Serafina Arts Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Ford Foundation New York, NY PURPOSE: CORE SUPPORT FOR ART ENGINES, AN INNOVATIVE SHOW SERIES HIGHLIGHTING THE PERSPECTIVES OF VISIONARY ARTS LEADERS AROUND THE WORLD | $5,000 |
Ford Foundation New York, NY PURPOSE: CORE SUPPORT FOR ART ENGINES, AN INNOVATIVE SHOW SERIES HIGHLIGHTING THE PERSPECTIVES OF VISIONARY ARTS LEADERS AROUND THE WORLD | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Music And Event Management Inc Cincinnati, OH | $33,809,112 | $73,072,797 |
Cuyahoga County Convention Facilities Development Corporation Cleveland, OH | $27,851,572 | $49,456,687 |
Flint Cultural Center Corporation Inc Flint, MI | $82,664,438 | $21,920,278 |
Midland Center For The Arts Inc Midland, MI | $105,520,024 | $38,518,398 |
John Michael Kohler Arts Center Inc Sheboygan, WI | $91,886,755 | $7,533,321 |
Bertha D Garten Ketcham Memorial Center Inc Odon, IN | $9,035,091 | $6,675,118 |
Kohler Trust For The Arts And Education Kohler, WI | $9,068,772 | $5,585,156 |
The Center For The Performing Arts Inc Carmel, IN | $11,269,434 | $4,631,898 |
Milwaukee County War Memorial Inc Milwaukee, WI | $14,315,972 | $2,406,675 |
Beck Center For The Arts Lakewood, OH | $7,579,389 | $3,024,551 |
The Ark Ann Arbor, MI | $4,959,177 | $2,583,819 |
The Works Ohio Center Of History Art & Technology Newark, OH | $33,943,893 | $2,939,769 |