Emc Arts Inc
- Assets
- $0.0
- Revenue
- $127.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Winston Salem, NC
- Founding
- 10/2005
- Data as of
- 09/2022
- EIN
- 20-3597301
Organization Overview
Emc Arts Inc is located in Winston Salem, NC. 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. As of 12/2021, Emc Arts Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Emc 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 09/2022, Emc Arts Inc generated $127.8k 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 (33.9%) each year. All expenses for the organization totaled $466.5k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Emc Arts Inc has awarded 55 individual grants totaling $1,743,945. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OBSERVE, ANALYZE AND SUGGEST IMPROVEMENTS TO THE METHODS BY WHICH CHARITABLE ORGANIZATIONS RELATE TO, AND INTERACT WITH, ALL OF THEIR STAKEHOLDERS, INCLUDING THEIR EMPLOYEES, THEIR DIRECTORS, THEIR COMMUNITIES, AND TH
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMCARTS DELIVERED SERVICES VIA THREE TYPES OF PROGRAMS IN 2021 ADAPTIVE FACILITATOR TRAINING INITIATIVES, ADAPTIVE LEADERS AS CULTURAL INNOVATORS, AND ADAPTIVE LEADERSHIP CIRCLES, FORORGANIZATIONS SINGLE ORGANIZATION SERVICES, NEW PATHWAYS FOR THE ARTS, STAGING CHANGE, AND BUILDING THE CAPACITY TO INNOVATE AND ADAPT AND FOR COMMUNITIES TO ADDRESS THEIR SELECTED COMPLEX-ADAPTIVE CHALLENGES WITHIN THEIR CITY COMMUNITY INNOVATION WORKSHOPS. AS PART OF TORONTOS STAGING CHANGE PROGRAM, 3 LOCAL FACILITATORS WERE TRAINED IN FACILITATION PRACTICES IN ORDER TO BUILD LOCAL CAPACITY AND FOSTER CONNECTIONS WITH THE CITYS PERFORMING ARTS COMMUNITY. IN HOUSTONS NEW PATHWAYS FOR THE ARTS, 7 LOCAL ADAPTIVE FACILITATORS HAVE BEEN TRAINED UNDER A SIMILAR MODEL. EMCARTS SINGLE ORGANIZATION SERVICES PROGRAMS SERVED 9 ART NON-PROFIT ORGANIZATIONS, CONDUCTING ADAPTIVE PLANNING PROCESS WITH WORKING GROUPS FROM THOSE ORGANIZATIONS.
ADAPTIVE LEADERSHIP PROGRAMMING FOR SINGLE ORGANIZATIONS, NEW PATHWAYS FOR THE ARTS/STAGING CHANGE FOR A COHORT OF ORGANIZATIONS IN A SINGLE CITY, AND BUILDING THE CAPACITY TO INNOVATE AND ADAPT FOR A COHORT OF ORGANIZATIONS IN A METRO AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Evans President | OfficerTrustee | 10 | $95,700 |
John Mccann Board Chair | OfficerTrustee | 1 | $0 |
Charles Mcdermott Board Member | Trustee | 1 | $0 |
Patrick Willingham Board Member | Trustee | 11 | $0 |
Richard Evans President Through March 2022 | OfficerTrustee | 10 | $9,900 |
John Mccann Board Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $98,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,200 |
| Total Program Service Revenue | $29,571 |
| Investment income | $12 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $127,783 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $2,412 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,000 |
| Fees for services: Accounting | $33,290 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $104,727 |
| Advertising and promotion | $0 |
| Office expenses | $324 |
| Information technology | $10,132 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $3,957 |
| All other expenses | $0 |
| Total functional expenses | $466,523 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,253 |
| Savings and temporary cash investments | $307,096 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $67,606 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,581 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $48 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $29,644 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $98,200 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $338,740 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Emc Arts Inc has awarded $140,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HOUSTON EARLY MUSIC PURPOSE: Prototyping Grant | $35,000 |
FIFTH WARD COMMUNITY REDEVELOPMENT CENTER PURPOSE: Prototyping Grant | $35,000 |
THE CATASTROPHIC THEATRE AT MATCH PURPOSE: Prototyping Grant | $35,000 |
SILAMBAM HOUSTON PURPOSE: Prototyping Grant | $35,000 |