Cincinnati Art Club
- Assets
- $983.7k
- Revenue
- $56.3k
- Investments
- $446.9k
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 10/1954
- Data as of
- 04/2022
- EIN
- 31-0599379
Organization Overview
Cincinnati Art Club is located in Cincinnati, OH. The organization was established in 1954. 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. Cincinnati Art Club 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 04/2022, Cincinnati Art Club generated $56.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $57.3k during the year ending 04/2022. 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
ART EDUCATION AND PROMOTION IN THE GREATER CINCINNATI AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVERALL PRODUCTION OF EXEMPT PURPOSE THHROUGH ART EDUCATION WORKSHOPS AND EXHIBITS.
OVERALL PRODUCTION OF EXEMPT PURPOSE THHROUGH ART EDUCATION WORKSHOPS AND
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Schuster President | OfficerTrustee | $0 | |
Michael Paolercio Vice Preside | OfficerTrustee | $0 | |
Steve Hart Treasurer | OfficerTrustee | $0 | |
Louann Elliott Secretary | OfficerTrustee | $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 | $13,196 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,196 |
| Total Program Service Revenue | $60,542 |
| Investment income | $66 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,035 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$25,588 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $56,251 |
| 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. | $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 | $8,463 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,666 |
| Office expenses | $6,798 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,514 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $772 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $142 |
| Insurance | $4,223 |
| All other expenses | $0 |
| Total functional expenses | $57,270 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $242,839 |
| Savings and temporary cash investments | $0 |
| 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 | $286,310 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $446,865 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,676 |
| Total assets | $983,690 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $983,690 |
| 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 | $983,690 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cincinnati Art Club has recieved totaling $11,000.
| Awarding Organization | Amount |
|---|---|
Emma Leah & Laura Belle Bahmann Fdn Cincinnati, OH PURPOSE: GRANT HEARING RELATED | $10,000 |
Ab Cord Charitable Foundation Tr Nect Cincinnati, OH PURPOSE: PROGRAM SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Midland Center For The Arts Inc Midland, MI | $105,520,024 | $38,518,398 |
Clay Center For The Arts & Sciences Of West Virginia Inc Charleston, WV | $104,991,627 | $9,740,232 |
African American Cultural Center Pittsburgh, PA | $15,275,830 | $8,128,417 |
Bertha D Garten Ketcham Memorial Center Inc Odon, IN | $9,035,091 | $6,675,118 |
The Center For The Performing Arts Inc Carmel, IN | $11,269,434 | $4,631,898 |
Appalshop Inc Whitesburg, KY | $8,650,033 | $2,149,775 |
Beck Center For The Arts Lakewood, OH | $7,579,389 | $3,024,551 |
Multicultural Community Family Services Inc Upper Darby, PA | $617,484 | $2,120,656 |
Rivers Of Steel Heritage Corporation Homestead, PA | $6,978,664 | $2,016,584 |
Goggle Works Reading, PA | $20,413,986 | $12,124,675 |
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 |