Richland Academy Of The Arts
- Assets
- $2.2m
- Revenue
- $835.5k
- Investments
- $0.0
- Employees
- 36
- Location
- Mansfield, OH
- Founding
- 09/1991
- Data as of
- 06/2021
- EIN
- 34-1681948
Organization Overview
Richland Academy Of The Arts is located in Mansfield, OH. The organization was established in 1991. 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 06/2021, Richland Academy Of The Arts employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richland Academy Of The Arts 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 06/2021, Richland Academy Of The Arts generated $835.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $694.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
RICHLAND ACADEMY OF THE ARTS IS AN EDUCATIONAL CENTER WITH A FOCUS ON THE ARTS AND A STATE APPROVED SPONSOR OF COMMUNITY SCHOOLS. THE ACADEMY HAS EVOLVED INTO A TRULY UNIQUE LEARNING CENTER BRINGING A SYNERGISTIC RELATIONSHIP BETWEEN ARTS AND EDUCATION TO THE COMMUNITY AND STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACADEMY OFFERS CLASSES AND WORKSHOPS ANNUALLY, AND ATTRACTS OVER 10,000 AREA RESIDENTS TO ITS PERFORMANCES. THE ACADEMY ADDITIONALLY PARTNERS WITH OTHER ORGANIZATIONS TO INCLUDE SPECIALLY DEVELOPED ARTS EDUCATION PROGRAMMING AND PERFORMANCES. THE ACADEMY RECEIVED DONATED SERVICES IN THE AMOUNT OF $115,304 FOR USE IN EDUCATION, PROGRAMS AND PERFORMANCES. THIS AMOUNT IS NOT REFLECTED ON FORM 990 PER IRS INSTRUCTIONS.
THE ACADEMY IS ALSO THE SPONSOR FOR COMMUNITY SCHOOLS IN SEVERAL OHIO COUNTIES. THE SPONSORSHIP OF THESE SCHOOLS INCLUDES THE OVERSIGHT OF THE SCHOOL'S FISCAL PROCEDURES, EDUCATIONAL PROGRESS AND COMPLIANCE WITH STATE LAWS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marianne Cooper Executive Dir. | Officer | 40 | $74,107 |
Brian Hamilton President | OfficerTrustee | 0 | $0 |
Donald Hoover President | OfficerTrustee | 0 | $0 |
Jim Henry Treasurer | OfficerTrustee | 0 | $0 |
Sue Guimaraes Director | Trustee | 0 | $0 |
Pat Olson Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $825 |
| Related organizations | $0 |
| Government grants | $134,502 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,995 |
| Noncash contributions included in lines 1a–1f | $28,182 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $199,322 |
| Total Program Service Revenue | $602,431 |
| Investment income | $9,535 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,661 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,742 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $835,521 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $300 |
| 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. | $74,107 |
| Compensation of current officers, directors, key employees. | $30,987 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $315,542 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $30,993 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,388 |
| Fees for services: Accounting | $24,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,265 |
| Advertising and promotion | $15,080 |
| Office expenses | $23,438 |
| Information technology | $8,700 |
| Royalties | $0 |
| Occupancy | $51,739 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $88,387 |
| Insurance | $7,150 |
| All other expenses | $5,325 |
| Total functional expenses | $694,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,487 |
| Savings and temporary cash investments | $270,130 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $57,987 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,726 |
| Prepaid expenses and deferred charges | $12,198 |
| Net Land, buildings, and equipment | $1,539,476 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $280,544 |
| Total assets | $2,202,548 |
| Accounts payable and accrued expenses | $28,958 |
| Grants payable | $0 |
| Deferred revenue | $38,097 |
| 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 | $67,055 |
| Net assets without donor restrictions | $1,845,182 |
| Net assets with donor restrictions | $290,311 |
| 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 | $2,202,548 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Richland Academy Of The Arts has recieved totaling $38,103.
| Awarding Organization | Amount |
|---|---|
Richland County Foundation Of Mansfield Mansfield, OH PURPOSE: SUPPORT & PROGRAMS | $22,844 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $15,191 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $68 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Interlochen Center For The Arts Interlochen, MI | $234,270,312 | $77,699,935 |
Franklin Institute Philadelphia, PA | $191,202,786 | $32,040,912 |
Flint Institute Of Arts Flint, MI | $64,606,144 | $9,980,420 |
Global Disciples Lancaster, PA | $4,481,434 | $6,431,035 |
Blue Lake Fine Arts Camp Twin Lake, MI | $13,832,939 | $7,779,561 |
Indianapolis Art Center Inc Indianapolis, IN | $17,635,206 | $3,948,601 |
Graham Gund Gallery Gambier, OH | $8,250,705 | $4,357,194 |
Oxbow Saugatuck, MI | $6,747,769 | $2,600,895 |
Caring Communities For Aids Wilkes Barre, PA | $1,533,545 | $2,739,121 |
Art Opportunities Inc Cincinnati, OH | $2,054,110 | $2,614,332 |
Samuel S Fleisher Art Memorial Inc Philadelphia, PA | $22,590,929 | $2,413,309 |
Indiana State School Music Association Inc Indianapolis, IN | $1,923,240 | $2,914,497 |