Three Arts Scholarship Fund Inc
- Assets
- $4.7m
- Revenue
- $289.5k
- Investments
- $4.5m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 11/1959
- Data as of
- 03/2022
- EIN
- 31-6024150
Organization Overview
Three Arts Scholarship Fund Inc is located in Cincinnati, OH. The organization was established in 1959. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Three Arts Scholarship Fund 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 03/2022, Three Arts Scholarship Fund Inc generated $289.5k 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 (22.6%) each year. All expenses for the organization totaled $369.9k during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Three Arts Scholarship Fund Inc has awarded 35 individual grants totaling $892,400. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500 |
| Interest on Savings | $0 |
| Dividends & Interest | $145,785 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $143,256 |
| Capital Gain Net Income | $143,256 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $289,541 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $42,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,814 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,051 |
| Total operating and administrative expenses | $65,540 |
| Contributions, gifts, grants paid | $304,400 |
| Total expenses and disbursements | $369,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,346 |
| Savings and temporary cash investments | $245,523 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,518,724 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,733,806 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Three Arts Scholarship Fund Inc has awarded $304,400 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF CINCINNATI PURPOSE: PROGRAM SUPPORT | $108,800 |
Oxford, OH PURPOSE: PROGRAM SUPPORT | $53,200 |
NORTHERN KENTUCKY UNIVERSITY PURPOSE: PROGRAM SUPPORT | $44,800 |
WRIGHT STATE UNIVERSITY PURPOSE: PROGRAM SUPPORT | $24,400 |
Cincinnati, OH PURPOSE: PROGRAM SUPPORT | $23,400 |
Cincinnati, OH PURPOSE: PROGRAM SUPPORT | $16,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vista Foundation Hershey, PA | $12,658,681 | $12,905,128 |
Storehouse For Teachers Pittsburgh, PA | $4,365,823 | $11,202,988 |
Kentucky Educational Development Corporation Ashland, KY | $6,070,827 | $11,298,796 |
Elevate 215 Philadelphia, PA | $9,991,857 | $10,518,985 |
Battelle For Kids Hilliard, OH | $8,986,527 | $5,810,919 |
Mastery Charter Schools Foundation Philadelphia, PA | $112,317,090 | $8,533,885 |
Van Wert County Foundation Van Wert, OH | $84,063,134 | $5,243,606 |
Middlebury Community Schools Employee Benefit Trust Middlebury, IN | $1,426,617 | $4,992,187 |
Carrol W Hirsch Ta Brooklyn, OH | $78 | $994,416 |
Ohio Foundation Of Independent Colleges Inc Columbus, OH | $10,019,771 | $4,357,939 |
Indianapolis Public Schools Education Foundation Inc Indianapolis, IN | $8,991,095 | $5,839,882 |
Sme Education Foundation Southfield, MI | $34,257,056 | $11,054,523 |