Artchange Inc
- Assets
- $49.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sitka, AK
- Founding
- 04/2010
- Data as of
- 06/2022
- EIN
- 27-1342836
Organization Overview
Artchange Inc is located in Sitka, AK. The organization was established in 2010. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Artchange 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 06/2022, Artchange Inc generated $30.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $25.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (12.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTION AND ADVANCEMENT OF THE ARTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellen Frankenstein Executive Director | 10 | $8,000 | |
Spencer Severson President | 1 | $0 | |
Andrew Thoms Treasurer/vice Pres | 1 | $0 | |
Sarah Ferrency Vice President | 1 | $0 | |
Andrew Miller Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,393 |
| Total Program Service Revenue | $6,461 |
| Membership dues | $0 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $540 |
| Other Revenue | $205 |
| Total Revenue | $29,973 |
| 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 | $8,574 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $197 |
| Other expenses | $12,968 |
| Total expenses | $25,614 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,811 |
| Other assets | $0 |
| Total assets | $49,811 |
| Total liabilities | $200 |
| Net assets or fund balances | $49,611 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Artchange Inc has recieved totaling $1,924.
| Awarding Organization | Amount |
|---|---|
Sitka Alaska Permanent Charitable Trust Las Vegas, NV PURPOSE: GENERAL OPERATING | $1,924 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Casa Latina Seattle, WA | $6,519,798 | $3,396,235 |
Adult Learning Programs Of Alaska Inc Of Alaska Inc Fairbanks, AK | $287,244 | $2,168,739 |
Careerworks Inc Seattle, WA | $374,714 | $2,124,184 |
Partner In Employment Seatac, WA | $919,989 | $1,599,497 |
Common Threads Farm Bellingham, WA | $966,574 | $1,251,132 |
Seattle Industry Foundation Seattle, WA | $120,630 | $1,031,802 |
Western Association Of College And University Business Officers Seattle, WA | $1,800,018 | $849,761 |
To Be Honest Seattle, WA | $70,047 | $358,244 |
Alaska Airmens Association Inc Anchorage, AK | $1,855,165 | $691,505 |
Institute For Workforce Development And Sustainability Olympia, WA | $339,491 | $588,266 |
Ileap Seattle, WA | $390,725 | $445,389 |
Greater Foundation Bellevue, WA | $429,716 | $708,000 |