Artrain Inc
- Assets
- $220.5k
- Revenue
- $707.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 07/1972
- Data as of
- 12/2021
- 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 12/2021, Artrain Inc generated $707.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $703.7k during the year ending 12/2021. While expenses have increased by 9.5% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ARTRAIN 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 ARTS AND CULTURAL INSTITUTIONS ARTISTS AND CREATIVE INDIVIDUALS 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.
DELIVERING DISCOVERY THROUGH ARTS + CREATIVITY - 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 |
|---|---|---|---|
Deb Polich President And CEO | Officer | 60 | $88,200 |
Diana Wong Board Chair | OfficerTrustee | 2 | $0 |
Damian Farrell Secretary | OfficerTrustee | 2 | $0 |
John J H Schwarz Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $528,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $22,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,704 |
| Noncash contributions included in lines 1a–1f | $9,120 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $593,704 |
| Total Program Service Revenue | $113,177 |
| Investment income | $82 |
| 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 | $706,963 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $500,843 |
| Grants and other assistance to domestic individuals. | $6,672 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $98,200 |
| Compensation of current officers, directors, key employees. | $9,820 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,295 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,900 |
| Payroll taxes | $11,024 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,423 |
| Information technology | $5,810 |
| Royalties | $0 |
| Occupancy | $13,718 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $450 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,165 |
| Insurance | $13,228 |
| All other expenses | $0 |
| Total functional expenses | $703,728 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,126 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,003 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $42,336 |
| Total assets | $220,465 |
| Accounts payable and accrued expenses | $44 |
| Grants payable | $2,672 |
| 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 | $128,200 |
| Other liabilities | $2,422 |
| Total liabilities | $133,338 |
| Net assets without donor restrictions | $87,127 |
| 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 | $220,465 |
Grants Awarded
Over the last fiscal year, Artrain Inc has awarded $500,843 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Ann Arbor, MI PURPOSE: Making arts and creative dreams come. CultureVerse | $469,900 |
TEAM RED LEGACY INC PURPOSE: Making arts and creative dreams come Team Red | $30,943 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Artrain Inc has recieved totaling $14.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $14 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cleveland Museum Of Art Cleveland, OH | $1,319,088,329 | $90,038,138 |
The Detroit Institute Of Arts Detroit, MI | $547,056,318 | $58,386,978 |
Indianapolis Museum Of Art Inc Indianapolis, IN | $570,410,766 | $52,226,027 |
Toledo Museum Of Art Toledo, OH | $363,312,718 | $18,709,059 |
Milwaukee Art Museum Inc Milwaukee, WI | $162,007,595 | $17,721,477 |
Cincinnati Museum Association Cincinnati, OH | $281,155,323 | $24,034,593 |
Columbus Museum Of Art Columbus, OH | $186,443,242 | $10,937,046 |
John Huntington Art & Polytechnic Tr Cleveland, OH | $134,688,641 | $10,635,199 |
Dayton Art Institute Dayton, OH | $42,942,635 | $5,850,007 |
Grand Rapids Art Museum Grand Rapids, MI | $63,932,796 | $12,119,660 |
Taft Museum Of Art Cincinnati, OH | $54,566,768 | $7,451,068 |
Akron Art Museum Akron, OH | $58,514,760 | $4,858,452 |