Spectrum School Of The Arts Inc
- Assets
- $122.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Racine, WI
- Founding
- 08/1983
- Data as of
- 12/2021
- EIN
- 39-1405052
Organization Overview
Spectrum School Of The Arts Inc is located in Racine, WI. The organization was established in 1983. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spectrum School Of The Arts 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 12/2021, Spectrum School Of The Arts Inc generated $40.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $34.0k during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ART / MUSIC CLASSES - 2020 - 33 STUDENTS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zingg Denise Treasurer | 0 | $0 | |
Sonja Sinclair VP | 0 | $0 | |
William Girdzius Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,525 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,351 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,394 |
| Total Revenue | $40,270 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $28,800 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,191 |
| Total expenses | $33,991 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,961 |
| Other assets | $0 |
| Total assets | $121,961 |
| Total liabilities | $0 |
| Net assets or fund balances | $121,961 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Music Institute Of Chicago Evanston, IL | $11,276,124 | $7,011,364 |
Flint Institute Of Arts Flint, MI | $64,606,144 | $9,980,420 |
Chicago Academy For The Arts Chicago, IL | $3,169,468 | $6,255,209 |
Blue Lake Fine Arts Camp Twin Lake, MI | $13,832,939 | $7,779,561 |
Frazier Academy Design Team Inc Chicago, IL | $0 | $3,133,368 |
Oxbow Saugatuck, MI | $6,747,769 | $2,600,895 |
Ingenuity Incorporated Chicago Chicago, IL | $7,892,105 | $6,208,550 |
Marwen Foundation Chicago, IL | $21,640,226 | $2,262,448 |
Urban Gateways Chicago, IL | $1,900,361 | $2,567,092 |
Northern Clay Center Minneapolis, MN | $4,214,446 | $1,584,059 |
Wisconsin Foundaton For Educational Administration Inc Madison, WI | $1,928,269 | $1,830,497 |
Evanston Art Center And Market Evanston, IL | $5,253,080 | $1,872,951 |