Great Lakes Experimental Arts Inc
- Assets
- $326.7k
- Revenue
- $7.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Highland, MI
- Founding
- Data as of
- 12/2020
- EIN
- 26-4684038
Organization Overview
Great Lakes Experimental Arts Inc is located in Highland, MI. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Great Lakes Experimental Arts Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2020, Great Lakes Experimental Arts Inc generated $7.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (40.0%) each year. All expenses for the organization totaled $34.9k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND FUND THE CREATION, PRESENTATION, EDUCATION AND TRANSPORTATION OF ART.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRESENTATION OF ART - DUE TO COVID-19 RESTRICTIONS THE EVENT WAS CANCELLED FOR 2020 WITH TICKET PURCHASES ROLLED FORWARD FOR THE 2021 EVENT.
THE FUNDING OF ART -MANY NEW ART WORKS ARE CREATED THROUGH THE DISTRIBUTION OF GRANTS TO ARTISTS AND PERFORMERS
COMMUNITY OUTREACH - UNTOLD NUMBERS OF OF ELEMENTARY SCHOOL CHILDREN WILL BENEFIT FROM ART SUPPLIES AND EDUCATIONAL OPPORTUNITIES PURCHASED WITH THESE FUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Baile | OfficerTrustee | 5 | $0 |
Scott Kennedy | Trustee | 5 | $0 |
Mike Little | OfficerTrustee | 5 | $0 |
Ila Coltas | Trustee | 5 | $0 |
Megan Smith Jovanovic | Trustee | 5 | $0 |
Laura Thompson | Trustee | 5 | $0 |
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 | $6,266 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,266 |
| Total Program Service Revenue | $0 |
| Investment income | $1,083 |
| 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 | $7,349 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $1,527 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,000 |
| 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 | $1,143 |
| All other expenses | $14,775 |
| Total functional expenses | $34,891 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,118 |
| Savings and temporary cash investments | $323,586 |
| Pledges and grants receivable | $0 |
| 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 | $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 | $0 |
| Total assets | $326,704 |
| Accounts payable and accrued expenses | $855 |
| Grants payable | $41,348 |
| Deferred revenue | $232,608 |
| 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 | $274,811 |
| Net assets without donor restrictions | $51,893 |
| 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 | $326,704 |
Grants Awarded
Over the last fiscal year, Great Lakes Experimental Arts Inc has awarded $3,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NEW ERA ELEMENTARY SCHOOL PURPOSE: ART EDUCATION | $3,000 |
GRANT TOWNSHIP FIRE DEPARTMENT PURPOSE: COMMUNITY OUTREACH | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Midland Center For The Arts Inc Midland, MI | $105,520,024 | $38,518,398 |
John Michael Kohler Arts Center Inc Sheboygan, WI | $91,886,755 | $7,533,321 |
Bertha D Garten Ketcham Memorial Center Inc Odon, IN | $9,035,091 | $6,675,118 |
Kohler Trust For The Arts And Education Kohler, WI | $9,068,772 | $5,585,156 |
The Center For The Performing Arts Inc Carmel, IN | $11,269,434 | $4,631,898 |
Milwaukee County War Memorial Inc Milwaukee, WI | $14,315,972 | $2,406,675 |
Beck Center For The Arts Lakewood, OH | $7,579,389 | $3,024,551 |
The Ark Ann Arbor, MI | $4,959,177 | $2,583,819 |
The Works Ohio Center Of History Art & Technology Newark, OH | $33,943,893 | $2,939,769 |
Phipps Center For The Arts Inc Hudson, WI | $10,511,884 | $2,040,286 |
Ashwabay Alliance Inc Washburn, WI | $4,876,246 | $2,182,300 |
Gildas Club-Metro Detroit Royal Oak, MI | $2,293,053 | $1,222,316 |