Chagrin Foundation For Arts
- Assets
- $104.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chagrin Falls, OH
- Founding
- 11/2007
- Data as of
- 06/2021
- EIN
- 20-8612865
Organization Overview
Chagrin Foundation For Arts is located in Chagrin Falls, OH. The organization was established in 2007. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Chagrin Foundation For Arts 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, Chagrin Foundation For Arts generated $109.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $115.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Prasser Executive Di | 40 | $34,996 | |
Bruce R Downie Treasurer | 4 | $0 | |
Patricia Haynish President | 4 | $0 | |
Beth Rutkowski Secretary | 4 | $0 | |
Stephen G Thomas Frmr Directo | 1 | $0 | |
Beth Cohen Vice Preside | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,227 |
| Total Program Service Revenue | $1,310 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,964 |
| Other Revenue | $0 |
| Total Revenue | $109,503 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,231 |
| Professional fees and other payments to independent contractors | $14,052 |
| Occupancy, rent, utilities, and maintenance | $5,562 |
| Printing, publications, postage, and shipping | $90 |
| Other expenses | $41,110 |
| Total expenses | $115,045 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,082 |
| Other assets | $0 |
| Total assets | $104,326 |
| Total liabilities | $27,094 |
| Net assets or fund balances | $77,232 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Chagrin Foundation For Arts has recieved totaling $27,010.
| Awarding Organization | Amount |
|---|---|
Cleveland Foundation Cleveland, OH PURPOSE: GENERAL SUPPORT | $15,000 |
Play On Shakespeare Ashland, OR PURPOSE: 12K PRODUCTION SPONSORSHIP | $12,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Columbus Arts Council Inc Columbus, OH | $9,747,669 | $12,867,365 |
Arts Council Of Indianapolis Inc Indianapolis, IN | $8,597,633 | $5,263,250 |
Arts United Of Greater Fort Wayne Fort Wayne, IN | $21,534,301 | $3,773,379 |
Indiana Humanities Council Inc Indianapolis, IN | $8,992,568 | $3,654,687 |
Arts Commission Of Greater Toledo Inc Toledo, OH | $2,952,895 | $2,261,161 |
Greater Philadelphia Cultural Alliance Philadelphia, PA | $2,137,622 | $2,196,078 |
West Virginia Humanities Council Inc Charleston, WV | $2,418,938 | $2,018,202 |
Crooked Tree Arts Council Inc Petoskey, MI | $8,078,138 | $2,057,244 |
Berks Arts Council Reading, PA | $1,426,252 | $1,932,092 |
Lexarts Inc Lexington, KY | $1,309,442 | $1,460,251 |
Kentucky Humanities Council Inc University Of Kentucky Lexington, KY | $5,126,960 | $1,642,415 |
Fitton Center For Creative Arts Hamilton, OH | $3,761,863 | $1,165,513 |