Art School At Old Church Inc
- Assets
- $710.4k
- Revenue
- $786.9k
- Investments
- $0.0
- Employees
- 60
- Location
- Demarest, NJ
- Founding
- 01/1975
- Data as of
- 05/2022
- EIN
- 23-7400684
Organization Overview
Art School At Old Church Inc is located in Demarest, NJ. The organization was established in 1975. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 05/2022, Art School At Old Church Inc employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Art School At Old Church 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 05/2022, Art School At Old Church Inc generated $786.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $778.3k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) 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
OPERATION OF AN ART SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF AN ART SCHOOL FOR THE TRAINING AND INSTRUCTION OF INDIVIDUALS FOR THE PURPOSE OF IMPROVING AND DEVELOPING THEIR CAPABILITIES, INTEREST AND APPRECIATION OF ART.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry M James Executive Director | Officer | 35 | $65,000 |
Jane Chang Board Member | Trustee | 1 | $9,350 |
Judy Schaefer Vice President | OfficerTrustee | 1 | $5,600 |
Bruce Dehnert Board Member | Trustee | 1 | $1,660 |
Carrie Ortiz President | OfficerTrustee | 1 | $0 |
Grant Hobson Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $21,300 |
| Related organizations | $0 |
| Government grants | $28,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $103,042 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $152,842 |
| Total Program Service Revenue | $634,043 |
| Investment income | $0 |
| 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 | $786,885 |
| 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. | $81,610 |
| Compensation of current officers, directors, key employees. | $32,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $402,359 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,293 |
| Payroll taxes | $36,376 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,893 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,925 |
| Office expenses | $0 |
| Information technology | $679 |
| Royalties | $0 |
| Occupancy | $77,806 |
| Travel | $311 |
| 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 | $4,247 |
| Insurance | $19,383 |
| All other expenses | $69,577 |
| Total functional expenses | $778,313 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,522 |
| Savings and temporary cash investments | $155,772 |
| Pledges and grants receivable | $2,125 |
| 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 | $11,875 |
| Net Land, buildings, and equipment | $45,767 |
| Investments—publicly traded securities | $407,382 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $710,443 |
| Accounts payable and accrued expenses | $15,771 |
| Grants payable | $0 |
| Deferred revenue | $80,687 |
| 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 | $96,458 |
| Net assets without donor restrictions | $613,985 |
| 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 | $710,443 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Art School At Old Church Inc has recieved totaling $2,519.
| Awarding Organization | Amount |
|---|---|
Henry Luce Foundation Inc New York, NY PURPOSE: LUCE FOUNDATION 2021 EMPLOYEE YEAR-END GRANT - CARRIE ORTIZ | $1,000 |
Richard H Holzer Memorial Found Harrington Park, NJ PURPOSE: TO FURTHER THE MEMORY OF RICHARD H HOLZER | $1,000 |
Shapiro Fam Foundation Tenafly, NJ PURPOSE: GENERAL | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $19 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Manhattan School Of Music New York, NY | $110,734,113 | $63,876,459 |
Franklin Institute Philadelphia, PA | $191,202,786 | $32,040,912 |
Art Students League Of New York New York, NY | $112,886,191 | $14,274,262 |
Saul Steinberg Foundation New York, NY | $2,326,445 | $165,696 |
Studio In A School Association New York, NY | $26,491,871 | $6,228,421 |
Global Disciples Lancaster, PA | $4,481,434 | $6,431,035 |
Harlem School Of The Arts Inc New York, NY | $16,306,795 | $5,380,840 |
Dreamyard Project Inc Bronx, NY | $4,474,380 | $5,509,637 |
Grounds For Sculpture Inc Hamilton, NJ | $36,793,406 | $11,597,062 |
Powerhouse Arts Inc Brooklyn, NY | $187,718,007 | $2,438,930 |
American Academy Of Arts And Letters New York, NY | $101,076,393 | $10,417,737 |
The Arts Connection Inc New York, NY | $2,703,336 | $4,972,330 |