Triangle Artworks Inc
- Assets
- $70.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 08/2010
- Data as of
- 06/2022
- EIN
- 27-2580374
Organization Overview
Triangle Artworks Inc is located in Raleigh, NC. The organization was established in 2010. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Triangle Artworks 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, Triangle Artworks Inc generated $108.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 35.2% each year . All expenses for the organization totaled $106.0k during the year ending 06/2022. While expenses have increased by 39.3% per year over the past 2 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ARTSWELL-APROFESSIONALDEVELOPMENTPROGRAMDESIGNEDTOSERVEARTISTSANDARTSADMINISTRATORSINALLARTSDISCIPLINESANDSTAGESOFCAREERDEVELOPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Yerxa Executive Director | 40 | $0 | |
Lyman Collins Director | 2 | $0 | |
Terry Conlon Director | 2 | $0 | |
Beth Eiserloh Johnson Director | 2 | $0 | |
Susan Flower Director | 2 | $0 | |
Ashley Franklin Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,800 |
| Total Program Service Revenue | $45,214 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,052 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,003 |
| Professional fees and other payments to independent contractors | $64,538 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,440 |
| Total expenses | $105,981 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,516 |
| Other assets | $0 |
| Total assets | $70,353 |
| Total liabilities | $2,656 |
| Net assets or fund balances | $67,697 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Triangle Artworks Inc has recieved totaling $33,821.
| Awarding Organization | Amount |
|---|---|
The Emily Hall Tremaine Foundation Inc New Haven, CT PURPOSE: VISUAL ARTS - PROJECT/PROGRAM | $30,000 |
Allen Tate Foundation Charlotte, NC PURPOSE: UNRESTRICTED | $2,808 |
Silverback Foundation Inc Chapel Hill, NC PURPOSE: CHARITABLE | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arts Memphis Memphis, TN | $27,136,198 | $4,849,435 |
Arts Council Incorporated Winston-Salem Arts Council Winstonsalem, NC | $15,705,377 | $2,746,354 |
Chapman Cultural Center Inc Spartanburg, SC | $23,950,821 | $2,123,080 |
North Carolina Humanities Council Charlotte, NC | $2,197,159 | $2,458,418 |
Arts Council Of Fayetteville Fayetteville, NC | $3,779,003 | $2,578,724 |
United Arts Council Of Raleigh And Wake County Inc Raleigh, NC | $1,299,106 | $2,647,753 |
The Art League Inc Alexandria, VA | $1,163,966 | $1,385,812 |
Durham Arts Council Inc Durham, NC | $657,218 | $2,110,368 |
Metropolitan Arts Council Greenville, SC | $3,409,693 | $2,105,516 |
Arts Council Of Fairfax County Inc Fairfax, VA | $710,775 | $1,457,030 |
Cultureworks Inc Richmond, VA | $827,621 | $1,289,541 |
United Arts Council Of Greater Greensboro Inc Greensboro, NC | $1,155,592 | $966,419 |