Center For Art In Wood Inc
- Assets
- $18.2m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 12
- Location
- Philadelphia, PA
- Founding
- 04/1987
- Data as of
- 12/2021
- EIN
- 22-2806780
Organization Overview
Center For Art In Wood Inc is located in Philadelphia, PA. The organization was established in 1987. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 12/2021, Center For Art In Wood Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Art In Wood 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 12/2021, Center For Art In Wood Inc generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CENTER FOR ART IN WOOD INTERPRETS, NURTURES, AND CHAMPIONS CREATIVE ENGAGEMENT AND EXPANSION OF ART, CRAFT, AND DESIGN IN WOOD TO ENHANCE THE PUBLIC'S UNDERSTANDING AND APPRECIATION OF IT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXHIBITIONS REMAIN AT THE CORE OF THE CENTER'S PROGRAMMING. SINCE ITS INCEPTION IN 1986, THE CENTER'S EXHIBITIONS HAVE PRESENTED THE WORK OF ESTABLISHED AND EMERGING ARTISTS WHICH HAS SERVED TO MOVE THE FIELD OF ART IN WOOD TO THE FOREFRONT OF ARTS AND CULTURE. THE CENTER'S EXHIBITIONS RELATED ACHIEVEMENTS INCLUDE: ORGANIZING OVER 100 EXHIBITIONS TO SHOWCASE CREATIVITY AND CRAFTMANSHIP (TWELVE OF WHICH HAVE TOURED TO MUSEUMS AND AROUND THE US) AND PUBLISHED OVER 25 MAJOR CATALOGUES ABOUT VARIOUS ASPECTS OF WOOD ART AND THE ARTISTS.
SINCE 1995, THE CENTER FOR ART IN WOOD HAS AWARDED SEVEN FELLOWSHIPS IN ITS ANNUAL WINDGATE ITE INTERNATIONAL RESIDENCY. IN 2016, THE CENTER ADDED ONE MORE FELLOWSHIP - A STUDENT ARTIST RESIDENT FELLOW. THIS PROGRAM IS A COLLEGIAL EXPERIENCE IN WHICH THE RESIDENT FELLOWS EXPLORE NEW WORK THROUGH RESEARCH, EXPLORATION, AND COLLABORATION. INCLUDED ANNUALLY ARE NOW SIX WOOD ARTISTS, WHICH INCLUDE THE STUDENT ARTIST, A PHOTOJOURNALIST, AND A SCHOLAR SELECTED FROM AN INTERNATIONAL POOL OF APPLICANTS. THEY WORK INDIVIDUALLY AND COLLABORATIVELY. THE SCHOLAR GAINS IN DEPTH UNDERSTANDING OF THE WOOD ART FIELD AND ITS PRACTITIONERS. THE PHOTOJOURNALIST DOCUMENTS THE PROGRAM EXPERIENCE IN TRADITIONAL AND INNOVATIVE WAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Milliken Executive Director | Officer | 40 | $101,615 |
Bruce Katsiff President | OfficerTrustee | 10 | $0 |
Thora Jacobson Board Member | Trustee | 5 | $0 |
Patricia Fowler Treasurer | OfficerTrustee | 10 | $0 |
Molli Conti Board Member | Trustee | 5 | $0 |
Dr Anon Dreyfuss Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,970 |
| Fundraising events | $10,245 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $706,219 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $723,434 |
| Total Program Service Revenue | $10,150 |
| Investment income | $295,363 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,177 |
| Net Income from Fundraising Events | $770 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $60,737 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,104,343 |
| 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. | $115,267 |
| Compensation of current officers, directors, key employees. | $5,763 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $273,033 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,032 |
| Payroll taxes | $32,418 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $54,430 |
| Fees for services: Other | $105,961 |
| Advertising and promotion | $1,560 |
| Office expenses | $47,980 |
| Information technology | $27,399 |
| Royalties | $0 |
| Occupancy | $160,182 |
| Travel | $14,619 |
| 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 | $40,045 |
| Insurance | $20,751 |
| All other expenses | $0 |
| Total functional expenses | $1,057,076 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $757,275 |
| Savings and temporary cash investments | $1,051 |
| Pledges and grants receivable | $279,319 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $29,075 |
| Prepaid expenses and deferred charges | $7,196 |
| Net Land, buildings, and equipment | $183,826 |
| Investments—publicly traded securities | $12,815,557 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,099,419 |
| Total assets | $18,172,718 |
| Accounts payable and accrued expenses | $46,730 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $46,730 |
| Net assets without donor restrictions | $2,583,356 |
| Net assets with donor restrictions | $15,542,632 |
| 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 | $18,172,718 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Center For Art In Wood Inc has recieved totaling $450,271.
| Awarding Organization | Amount |
|---|---|
William Penn Foundation Philadelphia, PA PURPOSE: CORE SUPPORT FOR FISCAL YEARS 2019, 2020, AND 2021 | $125,000 |
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: TO SUPPORT CENTER FOR ART IN WOOD IN PHILADELPHIA, PENNSYLVANIA | $100,000 |
University Of The Arts Philadelphia, PA PURPOSE: ARTS AND CULTURAL PROJECTS | $90,000 |
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: TO SUPPORT CENTER FOR ART IN WOOD IN PHILADELPHIA, PENNSYLVANIA | $34,825 |
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: TO SUPPORT CENTER FOR ART IN WOOD IN PHILADELPHIA, PENNSYLVANIA | $34,825 |
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: TO SUPPORT CENTER FOR ART IN WOOD IN PHILADELPHIA, PENNSYLVANIA | $34,825 |
Endowment Analysis
| Beg. Balance | $5,502,195 |
| Earnings | $1,485,009 |
| Net Contributions | $6,000,000 |
| Other Expense | $171,647 |
| Ending Balance | $12,815,557 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York State Federation Of Growers And Processors Association Schenectady, NY | $7,958,271 | $18,035,490 |
River Valley Child Development Services Huntington, WV | $6,974,645 | $16,881,683 |
Georgetown Hill Child Care Center Inc Montgomery Village, MD | $9,950,402 | $20,593,536 |
Horizon Education Centers North Olmsted, OH | $18,012,561 | $15,661,118 |
Northeast Bronx Day Care Center Inc Bronx, NY | $8,075,172 | $11,718,803 |
United Bronx Parents Inc Bronx, NY | $29,568,734 | $11,638,478 |
Lehigh Valley Childrens Centers Inc Allentown, PA | $14,112,341 | $13,366,940 |
Harbor Day Care Center Inc Mineola, NY | $2,835,486 | $11,026,032 |
League On Social Services Inc Family Day Care Program Hyde, PA | $1,090,310 | $11,061,373 |
Ahold Delhaize Usa Family Foundation Inc Carlisle, PA | $12,628,816 | $12,963,322 |
1199 Seiu Employer Child Care Corporation New York, NY | $5,376,854 | $12,251,689 |
Union City Day Care Program Inc Union City, NJ | $4,462,325 | $9,788,592 |