Providence Cityarts For Youth Inc
- Assets
- $681.5k
- Revenue
- $168.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Providence, RI
- Founding
- 10/1993
- Data as of
- 09/2021
- EIN
- 22-3258997
Organization Overview
Providence Cityarts For Youth Inc is located in Providence, RI. The organization was established in 1993. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 09/2021, Providence Cityarts For Youth Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Providence Cityarts For Youth 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 09/2021, Providence Cityarts For Youth Inc generated $168.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $181.4k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (14.0%) per year over the past 6 years. 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
PROVIDE AN ENVIRONMENT THAT ENCOURAGES THE EXPLORATION AND DEVELOPMENT OF ARTISTIC TALENTS OF YOUTH IN THE MULTI-CULTURAL NEIGHBORHOODS OF PROVIDENCE, RHODE ISLAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES AFTERSCHOOL, SUMMER AND DAY ARTISTIC RESIDENCEY PROGRAMS FOR AT-RISK URBAN YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taylor Jackson Executive Director | Officer | 40 | $49,489 |
Christina Alderman President | OfficerTrustee | 4 | $0 |
Garry Bliss Vice President | OfficerTrustee | 1 | $0 |
David Levaillee Secretary | OfficerTrustee | 1 | $0 |
Amy Leidtke Member | Trustee | 4 | $0 |
Matthew Branch Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $68,364 |
| All other contributions, gifts, grants, and similar amounts not included above | $87,013 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $155,377 |
| Total Program Service Revenue | $6,351 |
| Investment income | $3,764 |
| 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 | $168,846 |
| 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. | $49,489 |
| Compensation of current officers, directors, key employees. | $3,464 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $71,744 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,139 |
| Payroll taxes | $8,155 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,474 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,937 |
| Advertising and promotion | $0 |
| Office expenses | $1,089 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,324 |
| 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 | $3,312 |
| Insurance | $8,750 |
| All other expenses | $3,249 |
| Total functional expenses | $181,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,731 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,643 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $3,421 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $609,710 |
| Total assets | $681,505 |
| Accounts payable and accrued expenses | $1,911 |
| 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 | $35,523 |
| Other liabilities | $0 |
| Total liabilities | $37,434 |
| Net assets without donor restrictions | $607,946 |
| Net assets with donor restrictions | $36,125 |
| 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 | $681,505 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Providence Cityarts For Youth Inc has recieved totaling $76,750.
| Awarding Organization | Amount |
|---|---|
United Way Of Rhode Island Inc Providence, RI PURPOSE: DESIGNATED DONATION/GRANT | $65,050 |
The Rhode Island Community Foundation Providence, RI PURPOSE: GENERAL OPERATING; GENERAL SUPPORT; PROVIDENCE CITYARTS! FOR YOUTH - SANKOFA STUDIOS (FALL 2021 WORKSHOP SESSION); EMPLOYEE HONORARIUM | $11,133 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $100 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $80 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $60 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $60 |
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