Kids Of The Arts Inc is located in Mount Pleasant, SC. The organization was established in 2005. According to its NTEE Classification (A65) the organization is classified as: Theater, 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. Kids Of The 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, Kids Of The Arts Inc generated $88.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $103.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 8 years. 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
DIRECT AND OPERATE ENTERTAINMENT PLAYS AND SHOWS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laura Luc President | 40 | $25,000 | |
Lucy Luc Vice President | 1 | $0 | |
Dennis Luc Treasurer | 1 | $0 | |
Joe Horan Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $88,113 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $88,113 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $25,000 |
Professional fees and other payments to independent contractors | $2,664 |
Occupancy, rent, utilities, and maintenance | $11,800 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $63,603 |
Total expenses | $103,067 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $47,569 |
Other assets | $0 |
Total assets | $47,569 |
Total liabilities | $0 |
Net assets or fund balances | $47,569 |