Multi-Arts Inc
- Assets
- $33.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hadley, MA
- Founding
- 12/2005
- Data as of
- 12/2021
- EIN
- 20-1356307
Organization Overview
Multi-Arts Inc is located in Hadley, MA. The organization was established in 2005. 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. Multi-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 12/2021, Multi-Arts Inc generated $72.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $79.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Woolf President | 1 | $0 | |
Marcia Winseck Treasurer | 1 | $0 | |
Catalina Arrubla Executive Di | 40 | $0 | |
Veronique-Anne Epiter Secretary | 1 | $0 | |
Matthew Cron Assistant Tr | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,008 |
| Total Program Service Revenue | $42,503 |
| Membership dues | $0 |
| Investment income | $16 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $51 |
| Total Revenue | $72,578 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $46,363 |
| Professional fees and other payments to independent contractors | $15,529 |
| Occupancy, rent, utilities, and maintenance | $9,951 |
| Printing, publications, postage, and shipping | $108 |
| Other expenses | $7,402 |
| Total expenses | $79,353 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,334 |
| Other assets | $0 |
| Total assets | $33,108 |
| Total liabilities | $2,171 |
| Net assets or fund balances | $30,937 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Multi-Arts Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Boston Foundation Inc Boston, MA PURPOSE: Operating Support/Annual Fund | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saul Steinberg Foundation New York, NY | $2,326,445 | $165,696 |
Studio In A School Association New York, NY | $26,491,871 | $6,228,421 |
Harlem School Of The Arts Inc New York, NY | $16,306,795 | $5,380,840 |
Dreamyard Project Inc Bronx, NY | $4,474,380 | $5,509,637 |
Powerhouse Arts Inc Brooklyn, NY | $187,718,007 | $2,438,930 |
Artists For Humanity Inc Boston, MA | $38,813,967 | $6,181,666 |
American Academy Of Arts And Letters New York, NY | $101,076,393 | $10,417,737 |
The Arts Connection Inc New York, NY | $2,703,336 | $4,972,330 |
Alliance For Young Artists & Writers Inc New York, NY | $7,496,330 | $3,366,982 |
Marquis Studios Ltd Brooklyn, NY | $2,435,475 | $3,259,805 |
The Katharine Hepburn Cultural Arts Center Inc Old Saybrook, CT | $3,859,540 | $4,355,262 |
Skowhegan School Of Painting And Sculpture Inc New York, NY | $36,819,916 | $5,437,614 |