Karass Arts Project Inc
- Assets
- $1.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 11/2007
- Data as of
- 12/2022
- EIN
- 26-0710184
Organization Overview
Karass Arts Project Inc is located in Louisville, KY. The organization was established in 2007. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Karass Arts Project 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, Karass Arts Project Inc generated $102.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $114.9k during the year ending 12/2022. While expenses have increased by 2.0% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrell Adams Executive Director | 40 | $19,167 | |
Deborah Payne Director Of Health | 40 | $20,000 | |
Chana Gwynette Program Director | 20 | $14,440 | |
Darrell Adams Executive Director | 40 | $19,167 | |
Deborah Payne Director Of Health | 40 | $20,000 | |
Chana Gwynette Program Director | 20 | $14,440 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,486 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $102,486 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $114,875 |
| Total expenses | $114,875 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,498 |
| Other assets | $0 |
| Total assets | $1,498 |
| Total liabilities | $42,209 |
| Net assets or fund balances | -$40,711 |