Prima Arts Inc
- Assets
- $505.7k
- Revenue
- $531.7k
- Investments
- $0.0
- Employees
- 8
- Location
- Lancaster, PA
- Founding
- 12/2010
- Data as of
- 12/2022
- EIN
- 27-3111556
Organization Overview
Prima Arts Inc is located in Lancaster, PA. The organization was established in 2010. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Prima Arts Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prima Arts 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, Prima Arts Inc generated $531.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $680.8k during the year ending 12/2022. While expenses have increased by 10.2% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRESENT COMMUNITY-BENEFITING PERFORMING ARTS PROGRAMS TO ENRICH THE LIVES OF LOCAL RESIDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIMA BEGAN IN 2010 WITH A GROUP OF THEATRE PROFESSIONALS WHO WERE PASSIONATE ABOUT CREATING SOMETHING EXCITING IN LANCASTER. THE DREAM WAS TO SHAKE UP THE CULTURAL STATUS QUO. NOW ONE OF THE FASTEST GROWING PERFORMING ARTS ORGANIZATION IN THE REGION, PRIMA CONTINUES TO UNITE AROUND THE VISION TO INVIGORATE LIVES THROUGH FRESH THEATRICAL EXPERIENCES.EXECUTIVE PRODUCER MITCH NUGENT AND HIS WIFE DIANA FOUNDED PRIMA WITH THE BELIEF THAT THE ARTS ARE AT THEIR BEST WHEN THEY ARE RELEVANT AND ENGAGING. THE NUGENTS STARTED BY BRINGING TOGETHER THE REGION'S FINEST TALENT FOR BENEFIT PERFORMANCES AND CABARETS. THE COMMUNITY'S RESPONSE WAS OUTSTANDING, RAISING SUBSTANTIAL FUNDS FOR LOCAL CHARITIES, ALL WHILE PERFORMING TO PACKED VENUES. PRIMA STARTED WITH CABARETS AT PRINCE STREET CAFE, AND WAS STAMPED AS 'ON THE SCENE' IN 2011 WITH PRODUCTIONS LIKE CHESS. SINCE THEN, PRIMA HAS SINCE PRODUCED MAIN-STAGE MUSICALS, CONCERTS, AND CABARETS, INCLUDING NUMEROUS BROADWAY GUEST PERFORMANCES.THE NON-PROFIT PRODUCTION ORGANIZATION IS KNOWN FOR ITS INNOVATION, NOT ONLY IN PROGRAMMING BUT ALSO IN COMMUNITY INVOLVEMENT AND FUNDRAISING. WORKING WITH LOCAL SCHOOLS AND COLLEGES, PRIMA OFFERS INFLUENTIAL HANDS-ON INTERNSHIPS, SUBSIDIZED TICKET OPPORTUNITIES AND EDUCATIONAL ENGAGEMENTS THROUGH THE YOUTH EXPERIENCE INITIATIVE.LANCASTER IS INCREASINGLY BECOMING A MORE VIBRANT PLACE THANKS TO THE MANY COMPANIES AND ORGANIZATIONS THAT DO THEIR PART IN CREATING AN ENERGETIC CULTURAL EXPERIENCE IN OUR REGION. THE TEAM AT PRIMA IS PROUD TO PLAY A PART IN THESE EFFORTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hunter Johnson Board Member | Trustee | 5 | $0 |
Thaddeus Lee Board Member | Trustee | 5 | $0 |
Josh Nowak Board Member | Trustee | 5 | $0 |
Kathy Phillips Board Member | Trustee | 5 | $0 |
Todd Bartos Board Member | Trustee | 5 | $0 |
Dr Michael Manolas Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $18,349 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $24,816 |
| All other contributions, gifts, grants, and similar amounts not included above | $279,454 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $322,619 |
| Total Program Service Revenue | $211,557 |
| Investment income | $1,009 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $531,685 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,484 |
| Compensation of current officers, directors, key employees. | $26,545 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $104,702 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,112 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,131 |
| Advertising and promotion | $72,249 |
| Office expenses | $22,535 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,518 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,801 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,243 |
| Insurance | $6,123 |
| All other expenses | $18,632 |
| Total functional expenses | $680,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $932 |
| Savings and temporary cash investments | $36,438 |
| 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 | $397,952 |
| Investments—publicly traded securities | $60,465 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,942 |
| Total assets | $505,729 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $585,224 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,747 |
| Total liabilities | $590,971 |
| Net assets without donor restrictions | -$97,992 |
| Net assets with donor restrictions | $12,750 |
| 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 | $505,729 |