Crooked Tree Arts Council Inc
- Assets
- $8.1m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 17
- Location
- Petoskey, MI
- Founding
- 09/1972
- Data as of
- 03/2022
- EIN
- 23-7187264
Organization Overview
Crooked Tree Arts Council Inc is located in Petoskey, MI. The organization was established in 1972. 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. As of 03/2022, Crooked Tree Arts Council Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crooked Tree Arts Council 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 03/2022, Crooked Tree Arts Council Inc generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $1.7m during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
INSPIRING AND ENRICHING LIVES THROUGH THE ARTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERFORMING ARTS PROGRAMS - THERE WERE NINE MUSICAL, DANCE AND THEATRICAL PROGRAMS IN 2021 ATTENDED BY 1,748 PATRONS.
VISUAL ARTS SHOWS - PUBLIC DISPLAYS OF 16 DIFFERENT EXHIBITS OF VISUALS ARTS IN 2021.
EDUCATION CLASSES - 269 MUSIC, ARTS, DANCE AND THEATER CLASSES PROVIDED IN 2021 AND ATTENDED BY 1,747 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Dewindt President | Officer | 40 | $86,120 |
Elaine Smiley Vice Chair | OfficerTrustee | 2 | $0 |
Joe Kimmell Chair | OfficerTrustee | 2 | $0 |
Ragnar Avery Treasurer | OfficerTrustee | 2 | $0 |
Anne Morningstar Secretary | OfficerTrustee | 2 | $0 |
Sue Bingham Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $179,636 |
| Fundraising events | $178,650 |
| Related organizations | $0 |
| Government grants | $483,651 |
| All other contributions, gifts, grants, and similar amounts not included above | $611,868 |
| Noncash contributions included in lines 1a–1f | $178,650 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,453,805 |
| Total Program Service Revenue | $265,812 |
| Investment income | $138,083 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $43,106 |
| Net Income from Fundraising Events | $80,663 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $60,411 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,057,244 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $20,071 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,320 |
| Compensation of current officers, directors, key employees. | $17,664 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $597,747 |
| Pension plan accruals and contributions | $18,274 |
| Other employee benefits | $47,644 |
| Payroll taxes | $54,872 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $60,000 |
| Fees for services: Investment Management | $25,415 |
| Fees for services: Other | $167,041 |
| Advertising and promotion | $47,847 |
| Office expenses | $12,310 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,316 |
| Travel | $7,258 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18,795 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $132,200 |
| Insurance | $10,124 |
| All other expenses | $30,151 |
| Total functional expenses | $1,686,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $204,592 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $61,428 |
| Accounts receivable, net | $3,472 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $15,360 |
| Prepaid expenses and deferred charges | $27,779 |
| Net Land, buildings, and equipment | $2,581,252 |
| Investments—publicly traded securities | $5,082,207 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $14,508 |
| Other assets | $87,540 |
| Total assets | $8,078,138 |
| Accounts payable and accrued expenses | $75,281 |
| Grants payable | $0 |
| Deferred revenue | $174,734 |
| 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 | $476,032 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $726,047 |
| Net assets without donor restrictions | $3,736,213 |
| Net assets with donor restrictions | $3,615,878 |
| 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 | $8,078,138 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Crooked Tree Arts Council Inc has recieved totaling $149,693.
| Awarding Organization | Amount |
|---|---|
Petoskey-Harbor Springs Area Community Foundation Petoskey, MI PURPOSE: 2021 ANNUAL ALLOCATION/GENERAL SUPPORT/YOUTH WRITING AWARDS/SCHOOL OF BALLET, CHILDREN'S PROGRAMS/SPRING 2021 GRANT CYCLE-CTAC "KINDRED" EXHIBIT PROJECT/CHILDREN'S VISUAL ARTS PROGRAMMING/FALL 2021 GRANT CYCLE-AUDIO/VISUAL TECHNOLOGY FOR GALLERIES/NEW YEARS EVE CELEBRATION | $84,407 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $30,900 |
Charlevoix County Community Foundation East Jordan, MI PURPOSE: General operations and programs | $28,261 |
Charles Stewart Mott Foundation Flint, MI PURPOSE: FOR THE GENERAL PURPOSES OR OTHER CHARITABLE PURPOSES OF THE ORGANIZATION. | $5,750 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $150 |
Mervyn H And Leslie D Sternberg Foundation Inc Delray Beach, FL PURPOSE: ASSIST RECIPIENTS TO CREATE STIMULATE AND PERPETUATE THE ARTS IN NORTHERN MICHIGAN. | $125 |
Endowment Analysis
| Beg. Balance | $4,504,779 |
| Earnings | $154,970 |
| Ending Balance | $4,659,749 |
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 |
Performing Arts Foundation Inc Wausau, WI | $2,793,768 | $2,598,770 |
Crooked Tree Arts Council Inc Petoskey, MI | $8,078,138 | $2,057,244 |
Fitton Center For Creative Arts Hamilton, OH | $3,761,863 | $1,165,513 |
Greater Flint Arts Council Flint, MI | $719,952 | $1,340,904 |
Culture Works Dayton, OH | $3,279,032 | $1,173,944 |
Arts League Of Michigan Inc Detroit, MI | $1,339,389 | $1,259,727 |
Kalamazoo Arts Council Inc Kalamazoo, MI | $1,347,014 | $1,153,403 |