Three Arts Scholarship Fund Inc
- Assets
- $0.0
- Revenue
- $299.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 11/1959
- Data as of
- 03/2024
- 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 03/2024, Three Arts Scholarship Fund Inc generated $299.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $5.9m during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Three Arts Scholarship Fund Inc has awarded 37 individual grants totaling $871,000. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $124,045 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $175,682 |
| Capital Gain Net Income | $175,682 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $299,727 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $40,849 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,282 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,899 |
| Total operating and administrative expenses | $66,287 |
| Contributions, gifts, grants paid | $5,876,378 |
| Total expenses and disbursements | $5,942,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 $272,600 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ANTIOCH COLLEGE PURPOSE: SCHOLARSHIPS | $2,300 |
MT ST JOSEPH UNIVERSITY PURPOSE: SCHOLARSHIPS | $2,300 |
NORTHERN KENTUCKY UNIVERSITY PURPOSE: SCHOLARSHIPS | $39,100 |
UNIVERSITY OF CINCINNATI PURPOSE: SCHOLARSHIPS | $90,300 |
UNIVERSITY OF DAYTON PURPOSE: SCHOLARSHIPS | $2,300 |
WRIGHT STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $27,600 |