Archipelago Inc is located in Traverse City, MI. The organization was established in 2006. 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. Archipelago 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, Archipelago Inc generated $83.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $71.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daniel Trahey President | 10 | $0 | |
Garrett Mendez Vice President | 12 | $0 | |
Armand V Hall Secretary | 5 | $0 | |
Linda S Mendez Treasurer | 0.5 | $0 | |
Kristin Brady Board | 0.1 | $0 | |
Kathy Mendez Board | 0.1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $83,799 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $83,799 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $38,460 |
Occupancy, rent, utilities, and maintenance | $15,210 |
Printing, publications, postage, and shipping | $25 |
Other expenses | $17,574 |
Total expenses | $71,269 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $54,478 |
Other assets | $0 |
Total assets | $54,478 |
Total liabilities | $0 |
Net assets or fund balances | $54,478 |