Drawchange Inc
- Assets
- $115.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 02/2010
- Data as of
- 12/2021
- EIN
- 27-0893389
Organization Overview
Drawchange Inc is located in Atlanta, GA. The organization was established in 2010. 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. Drawchange 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, Drawchange Inc generated $128.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $96.3k during the year ending 12/2021. While expenses have increased by 8.6% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennie Lobato President | 60 | $30,754 | |
Allan Minter Treasurer | 5 | $0 | |
Emma Rugel-Desai Secretary | 1 | $0 | |
Gregory Pennington Director | 1 | $0 | |
Lynn Detwiler Director | 1 | $0 | |
Whitney Wright Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,514 |
| Total Program Service Revenue | $14,859 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $286 |
| Other Revenue | $0 |
| Total Revenue | $128,659 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,754 |
| Professional fees and other payments to independent contractors | $34,384 |
| Occupancy, rent, utilities, and maintenance | $4,668 |
| Printing, publications, postage, and shipping | $407 |
| Other expenses | $17,313 |
| Total expenses | $96,299 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,277 |
| Other assets | $0 |
| Total assets | $115,058 |
| Total liabilities | $0 |
| Net assets or fund balances | $115,058 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Drawchange Inc has recieved totaling $33,835.
| Awarding Organization | Amount |
|---|---|
Cbf Foundation Atlanta, GA PURPOSE: HUMANITARIAN ASSISTANCE | $12,000 |
Cbf Foundation Atlanta, GA PURPOSE: HUMANITARIAN ASSISTANCE | $12,000 |
The Community Foundation For Greater Atlanta Inc Atlanta, GA PURPOSE: ARTS/CULTURE/HUMANITIES | $6,555 |
Luluma Charitable Tr Chicago, IL PURPOSE: GENERAL | $2,500 |
Synchrony Foundation Stamford, CT PURPOSE: EMPLOYER MATCHING GIFT PROGRAM | $780 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Music City Inc Nashville, TN | $1,837,848 | $7,930,504 |
Spoleto Festival U S A Charleston, SC | $23,626,585 | $7,325,323 |
Crosstown Arts Memphis, TN | $38,457,214 | $4,680,625 |
Irma And Norman Braman Art Foundation Miami, FL | $27,200,000 | -$200,000 |
John C Campbell Folk School Brasstown, NC | $20,488,128 | $4,524,565 |
Korean Martial Arts Culture & Education Foundation Inc Hollywood, FL | $530,186 | $4,469,417 |
Arts Center Of Coastal Carolina Hilton Head Island, SC | $10,441,766 | $4,547,581 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Memphis Equity Through Arts Meta Incorporated Memphis, TN | $5,874,530 | $7,164,597 |
Memphis In May International Festival Inc Memphis, TN | $4,677,503 | $2,273,583 |
Safe States Alliance Atlanta, GA | $855,123 | $2,462,301 |
Miami Broward One Carnival Host Committee Inc Miami, FL | $499,382 | $2,415,530 |