Institute For Arts Entrepreneurship Nfp
- Assets
- $2.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Naperville, IL
- Founding
- 04/2008
- Data as of
- 12/2022
- EIN
- 20-5737662
Organization Overview
Institute For Arts Entrepreneurship Nfp is located in Naperville, IL. The organization was established in 2008. According to its NTEE Classification (A90) the organization is classified as: Arts Services, 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. Institute For Arts Entrepreneurship Nfp 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, Institute For Arts Entrepreneurship Nfp generated $6.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $6.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (22.6%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
DUE TO THE PANDEMIC, WE WERE MOSTLY INACTIVE WITH PROGRAM SERVICES BUT LAUNCHED A VIRTUAL BLOG TO WRITE AND SHARE CONTENT ON THE WEB.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,325 |
| Total Program Service Revenue | $2,400 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $6,725 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,725 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $6,725 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94 |
| Other assets | $0 |
| Total assets | $2,434 |
| Total liabilities | $20,084 |
| Net assets or fund balances | -$17,650 |