Spiritual Arts Institute
- Assets
- $516.4k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 10
- Location
- Encinitas, CA
- Founding
- 01/2006
- Data as of
- 12/2021
- EIN
- 20-2549830
Organization Overview
Spiritual Arts Institute is located in Encinitas, CA. The organization was established in 2006. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2021, Spiritual Arts Institute employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spiritual Arts Institute 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, Spiritual Arts Institute generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 15.7% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OFFER HIGH QUALITY SPIRITUAL EDUCATION DESIGNED TO ASSIST THE SOUL IN ITS SPIRITUAL EVOLUTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPIRITUAL ARTS INSTITUTE (THE INSTITUTE) PROVIDED 212 ONGOING STUDENTS HIGH QUALITY SPIRITUAL EDUCATION THROUGH OVER 200 CLASSES AND WORKSHOPS BOTH ON-LINE AND IN-PERSON. THEIR DIRECT DIVINE LIGHT HEALING PROGRAM CERTIFIED 0 NEW HEALERS AND THE ADVANCED TRAINING, KINGDOM OF LIGHT, CERTIFIED 12 ASSOCIATE TEACHERS. IN ADDITIONS, 11 METAPHYSICIANS WERE CERTIFIED. THE INSTITUTE PROVIDED SCHOLARSHIPS TO 7% OF THE STUDENT POPULATION.
PUBLISHED 1 NEW BOOK "HEAVEN & YOUR SPIRITUAL ASCENT AND REISSUED 2 TITLES, "KARMA AND "COMMUNING WITH THE DIVINE"
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dimitri Moraitis Director, President | OfficerTrustee | 60 | $116,250 |
Barbara Martin Director, President Emerit | Trustee | 30 | $32,785 |
Patricia Bowman Director, Secretary | OfficerTrustee | 5 | $0 |
Kathy Hsu Director, Treasurer | OfficerTrustee | 5 | $0 |
John Harrison Director | Trustee | 5 | $0 |
Melinda Noble Director | Trustee | 10 | $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 | $766,908 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $766,908 |
| Total Program Service Revenue | $394,116 |
| Investment income | $23 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,309 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,166,356 |
| 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. | $163,051 |
| Compensation of current officers, directors, key employees. | $14,329 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $220,727 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,260 |
| Payroll taxes | $31,986 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,197 |
| Fees for services: Accounting | $26,070 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $347,426 |
| Advertising and promotion | $3,650 |
| Office expenses | $10,819 |
| Information technology | $103,849 |
| Royalties | $0 |
| Occupancy | $109,318 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,899 |
| Insurance | $8,770 |
| All other expenses | $30,624 |
| Total functional expenses | $1,223,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258,599 |
| Savings and temporary cash investments | $45,043 |
| Pledges and grants receivable | $81,541 |
| Accounts receivable, net | $18,977 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $64,935 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $23,141 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,163 |
| Total assets | $516,399 |
| Accounts payable and accrued expenses | $22,401 |
| Grants payable | $0 |
| Deferred revenue | $22,690 |
| 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 | $0 |
| Total liabilities | $45,091 |
| Net assets without donor restrictions | $471,308 |
| Net assets with donor restrictions | $0 |
| 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 | $516,399 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Spiritual Arts Institute has recieved totaling $260,146.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $250,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $146 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Berggruen Institute Los Angeles, CA | $7,691,670 | $14,445,646 |
Vision Y Compromiso El Cerrito, CA | $5,188,501 | $11,619,190 |
The Broad Center Los Angeles, CA | $3,813,633 | $10,084,361 |
National Equity Project Oakland, CA | $16,206,654 | $13,208,887 |
Casas Comprehensive Adult Student Assessment Systems San Diego, CA | $7,496,351 | $8,078,168 |
Jobs For Nevadas Graduates Inc Las Vegas, NV | $2,371,026 | $5,045,525 |
Viva Physicians Inc Palm Springs, CA | $23,221,286 | $5,506,798 |
San Francisco Electrical Industry Apprenticeship And Training Trust San Francisco, CA | $24,618,240 | $4,990,979 |
San Diego Electrical Training Administrative Services Corporatio San Diego, CA | $236,215 | $3,424,350 |
Sustainable Economies Law Center Oakland, CA | $7,697,657 | $7,133,049 |
Oregon And Southern Idaho Laborers- Employers Training Tr Portland, OR | $12,918,228 | $3,291,567 |
Worker Education & Resource Center Inc Los Angeles, CA | $3,566,673 | $3,126,599 |