Art Opportunities Inc
- Assets
- $5.4m
- Revenue
- $3.9m
- Investments
- $2.6m
- Employees
- 143
- Location
- Cincinnati, OH
- Founding
- 11/1999
- Data as of
- 12/2022
- EIN
- 31-1665900
Organization Overview
Art Opportunities Inc, operating under the name Artworks, is located in Cincinnati, OH. The organization was established in 1999. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Artworks employed 143 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Artworks 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, Artworks generated $3.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $2.6m during the year ending 12/2022. 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
ARTWORKS IS AN AWARD-WINNING NON-PROFIT ORGANIZATION FOUNDED IN 1996. ITS MISSION IS TO TRANSFORM PEOPLE AND PLACES THROUGH INVESTMENTS IN CREATIVITY. ARTWORKS PROVIDES EMPLOYMENT AND WORKFORCE DEVELOPMENT TO YOUTH IN THE UNIQUE CONTEXT OF THE VISUAL ARTS. PROFESSIONAL ARTISTS MENTOR YOUTH APPRENTICES, AGES 14-21, AS THEY GAIN MEANINGFUL JOB EXPERIENCE, LEARN EFFECTIVE WORKFORCE HABITS, AND CREATE THOUGHTFUL WORKS OF PUBLIC ART.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE OUR START, ARTWORKS HAS HIRED THOUSANDS OF LOCAL YOUTH, MORE THAN 50% FROM LOW-INCOME HOUSEHOLDS AND MORE THAN 50% ARE RACIAL/ETHNIC MINORITIES. ARTWORKS HAS EMPLOYED THOUSANDS OF PROFESSIONAL ARTISTS TO DESIGN TRANSFORMATIVE ART PIECES AND TO MENTOR YOUTH APPRENTICES. ARTWORKS' HERO DESIGN COMPANY EMPOWERS CHILDREN FACING HARDSHIPS, SUCH AS ILLNESS OR GRIEF, CHANNEL THEIR INNER STRENGTH. YOUTH APPRENTICES CREATE INDIVIDUALIZED ARTISTIC EXPERIENCES FOR THESE CHILDREN THROUGH CONNECTION, DESIGN, PRODUCTION AND ENGAGEMENT. ARTWORKS IS ONE OF FIVE CREATIVE PARTNERS OF BLINK, THE NATION'S LARGEST LIGHT FESTIVAL, PRODUCING THE COMMUNITY PARADE AND CURATING THE SCULPTURAL INSTALLATIONS. IN 2022, ARTWORKS EMPLOYED 130 YOUTH APPRENTICES. THESE APPRENTICES REPRESENTED 60 COMMUNITIES, 35 HIGH SCHOOLS AND 12 COLLEGES AND UNIVERSITIES. FIFTY-NINE PERCENT LIVE IN LOW-INCOME HOUSEHOLD, AND THEY REFLECT THE RICH CULTURAL DIVERSITY OF OUR COMMUNITY: 48% WHITE/CAUCASIAN, 23% BLACK/AFRICAN-AMERICAN, 14% MULTI-RACIAL, 6% HISPANIC OR LATINO, 5% ASIAN, 3% NATIVE AMERICAN, 2% OTHER. ARTWORKS HIRED 27 TEACHING STAFF TO MENTOR THE YOUTH APPRENTICES TO BUILD THEIR SKILLS AND CONFIDENCE. APPRENTICES COMPLETE CUSTOMIZED SURVEYS BEFORE, DURING, AND AFTER THE PROGRAM. THESE MEASURE SOCIAL AND EMOTIONAL LEARNING OUTCOMES IN SIX CAREER-READINESS AREAS: GROWTH OUTLOOK (GOAL MANAGEMENT AND GROWTH MINDSET); CRITICAL THINKING AND PROBLEM SOLVING; COMMUNICATION; CREATIVITY AND INNOVATION; COLLABORATION; SOCIAL CAPITAL. PRE-PROGRAM SURVEYS SHOWED 77% OF 2022 APPRENTICES IN STRONG NEED OF SUPPORT IN ONE OR MORE AREA, WITH 29% IN NEED OF SUPPORT IN ALL FIVE. POST-PROGRAM SURVEYS SHOW 100% MADE MEANINGFUL GAINS IN AT LEAST ONE AREA, 95% GAINING IN THREE OR MORE AREAS. APPRENTICES GREW MOST IN CREATIVITY AND INNOVATION, WITH 89% SHOWING POST-PROGRAM GAINS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Hannan-Shafer President | OfficerTrustee | 40 | $0 |
Joe Muraca Past Board President | OfficerTrustee | 1 | $0 |
Ric Booth Vice President | OfficerTrustee | 1 | $0 |
Ron Houck Secretary | OfficerTrustee | 1 | $0 |
Ron Bates Trustee | Trustee | 1 | $0 |
Barbara Hauser Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $492,885 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,268,525 |
| Noncash contributions included in lines 1a–1f | $56,796 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,761,410 |
| Total Program Service Revenue | $16,356 |
| Investment income | $9,735 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$219 |
| Net Income from Fundraising Events | $66,973 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,862,032 |
| 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. | $159,388 |
| Compensation of current officers, directors, key employees. | $12,622 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $766,238 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,760 |
| Payroll taxes | $96,147 |
| 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 | $205,416 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $63,348 |
| Royalties | $0 |
| Occupancy | $103,762 |
| Travel | $34,082 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $19,698 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,632 |
| Insurance | $0 |
| All other expenses | $142,364 |
| Total functional expenses | $2,614,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $322,194 |
| Savings and temporary cash investments | $947,390 |
| Pledges and grants receivable | $902,802 |
| 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 | $3,598 |
| Net Land, buildings, and equipment | $299,782 |
| Investments—publicly traded securities | $256,535 |
| Investments—other securities | $2,569,929 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $85,505 |
| Total assets | $5,387,735 |
| Accounts payable and accrued expenses | $42,985 |
| 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 | $2,027,067 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $508,994 |
| Total liabilities | $2,579,046 |
| Net assets without donor restrictions | $992,689 |
| Net assets with donor restrictions | $1,816,000 |
| 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 | $5,387,735 |