Renaissance Performing Arts Association Inc is located in Mansfield, OH. The organization was established in 1980. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Renaissance Performing Arts Association Inc employed 145 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renaissance Performing Arts Association 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 06/2022, Renaissance Performing Arts Association Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. While expenses have increased by 2.9% per year over the past 6 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
TO PROVIDE THE COMMUNITY WITH A PERFORMING ARTS ORGANIZATION THAT UNIFIES THE MANAGEMENT, MARKETING, AND SUPPORT OF THE RENAISSANCE THEATRE AND MANSFIELD SYMPHONY ORCHESTRA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERRFORMING ARTS-LIVE ON STAGE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cody Albert Trustee | Trustee | 2 | $0 |
Mark Collins Trustee | Trustee | 2 | $0 |
Jill Guth Trustee | Trustee | 2 | $0 |
Sid Hall Trustee | Trustee | 2 | $0 |
Rick Kleshinski Trustee | Trustee | 2 | $0 |
Tom Meehan Trustee | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $48,435 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $535,343 |
All other contributions, gifts, grants, and similar amounts not included above | $712,232 |
Noncash contributions included in lines 1a–1f | $33,660 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,296,010 |
Total Program Service Revenue | $371,899 |
Investment income | $26,276 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $65,086 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $39,337 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,804,560 |
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. | $243,821 |
Compensation of current officers, directors, key employees. | $70,666 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $552,885 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $42,087 |
Payroll taxes | $63,302 |
Fees for services: Management | $0 |
Fees for services: Legal | $630 |
Fees for services: Accounting | $21,155 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $280,055 |
Advertising and promotion | $0 |
Office expenses | $92,110 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $122,486 |
Travel | $857 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,598 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $227,961 |
Insurance | $37,898 |
All other expenses | $45,117 |
Total functional expenses | $2,168,181 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,995 |
Savings and temporary cash investments | $658,253 |
Pledges and grants receivable | $134,167 |
Accounts receivable, net | $66,060 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $4,660 |
Prepaid expenses and deferred charges | $46,404 |
Net Land, buildings, and equipment | $5,872,314 |
Investments—publicly traded securities | $102,018 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,586,903 |
Total assets | $8,474,774 |
Accounts payable and accrued expenses | $352,181 |
Grants payable | $0 |
Deferred revenue | $161,484 |
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 | $513,665 |
Net assets without donor restrictions | $7,906,854 |
Net assets with donor restrictions | $54,255 |
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 | $8,474,774 |