Artrain Inc
- Assets
- $220.1k
- Revenue
- $741.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 07/1972
- Data as of
- 12/2022
- EIN
- 23-7099789
Organization Overview
Artrain Inc is located in Ann Arbor, MI. The organization was established in 1972. According to its NTEE Classification (A51) the organization is classified as: Art Museums, 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. Artrain 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, Artrain Inc generated $741.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $788.7k during the year ending 12/2022. While expenses have increased by 13.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ARTRAIN'S MISSION IS TO DELIVER DISCOVERY AND - THROUGH THE POWER OF ARTS AND CULTURE - TRANSFORM LIVES ORGANIZATIONS AND COMMUNITIES. AS A PROJECT MANAGEMENT ORGANIZATION IT PARTNERS WITH ARTS AND CULTURAL INSTITUTIONS ARTISTS AND CREATIVE INDIVIDUALS TO DELIVER PROGRAMS TO UNDER-RESOURCED COMMUNITIES ACROSS THE UNITED STATES.
Describe the Organization's Program Activity:
ARTRAIN PARTNERS WITH ARTISTS CREATIVE WORKERS AND ARTS AND CREATIVE ORGANIZATIONS AND BUSINESSES TO DEVELOP MANAGE AND FUND PROJECTS.
ARTRAIN IS COMMITTED TO STRENGTHENING & BUILDING CAPACITY FOR NONPROFIT ARTS AND CULTURAL ORGANIZATIONS. IT OFFERS MANAGEMENT SERVICES AND FISCAL SPONSORSHIPS TO CREATIVE ENTREPRENEURS AND WORTHWHILE BUT VULNERABLE ARTISTIC OR CULTURAL PROGRAMS
AS A PROJECT MANAGEMENT ORGANIZATION ARTRAIN SELF-PRODUCES OR PARTNERS WITH ARTS AND CULTURAL INSTITUTIONS ARTISTS AND CREATIVE INDIVIDUALS TO DEVELOP AND OR DELIVER PROGRAMS TO UNDER-RESOURCED COMMUNITIES ACROSS THE UNITED STATES. IN 2019 IT OUTLINED A PUBLIC SAFETY AND AWARENESS FOR ARTS & CULTURAL PROVIDERS TO PILOT IN 2020 IN ADDITION TO RESPONDING TO A NUMBER OF RFPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana Wong Chair | OfficerTrustee | 1 | $0 |
John J H Schwarz Treasurer | OfficerTrustee | 0.5 | $0 |
Damian Farrell Secretary | OfficerTrustee | 0.5 | $0 |
Deb Polich President And CEO | Officer | 60 | $88,639 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $624,426 |
| Noncash contributions included in lines 1a–1f | $9,120 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $624,426 |
| Total Program Service Revenue | $117,182 |
| Investment income | $169 |
| 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 | $741,777 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $535,519 |
| Grants and other assistance to domestic individuals. | $29,390 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $92,878 |
| Compensation of current officers, directors, key employees. | $9,288 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $66,935 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Fees for services: Other | $1,300 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $5,170 |
| All other expenses | $32,886 |
| Total functional expenses | $788,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,585 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,296 |
| 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 | $0 |
| Net Land, buildings, and equipment | $38,173 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $220,054 |
| Accounts payable and accrued expenses | $2,098 |
| Grants payable | $9,182 |
| Deferred revenue | $37,000 |
| 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 | $126,008 |
| Other liabilities | $5,552 |
| Total liabilities | $179,840 |
| Net assets without donor restrictions | $40,214 |
| Net assets with donor restrictions | $0 |
| 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 | $220,054 |
Grants Awarded
Over the last fiscal year, Artrain Inc has awarded $535,519 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CULTUREVERSE PURPOSE: Fiscal sponsorships for arts and creative projects and programs | $449,550 |
A2JAZZ FEST PURPOSE: Fiscal sponsorships for arts and creative projects and programs | $46,705 |
TREETOWN MURALS PURPOSE: Fiscal sponsorships for arts and creative projects and programs | $39,264 |