Planet-Arts-Inc
- Assets
- $16.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Catskill, NY
- Founding
- 06/2006
- Data as of
- 06/2021
- EIN
- 20-3251853
Organization Overview
Planet-Arts-Inc is located in Catskill, NY. The organization was established in 2006. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Planet-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 06/2021, Planet-Arts-Inc generated $31.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $24.6k during the year ending 06/2021. While expenses have increased by 2.4% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
CULTURAL AND EDUCATIONAL PERFORMANCES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Bellino President | 20 | $500 | |
Terry Lamacchia Treasurer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,435 |
| Total Program Service Revenue | $3,130 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,565 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,675 |
| Professional fees and other payments to independent contractors | $2,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $224 |
| Other expenses | $7,562 |
| Total expenses | $24,561 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,462 |
| Other assets | $0 |
| Total assets | $16,462 |
| Total liabilities | $4,200 |
| Net assets or fund balances | $12,262 |
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