Art Buddies
- Assets
- $180.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 04/1995
- Data as of
- 07/2021
- EIN
- 41-1797876
Organization Overview
Art Buddies is located in Minneapolis, MN. The organization was established in 1995. According to its NTEE Classification (O30) the organization is classified as: Adult & Child Matching Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Art Buddies 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 07/2021, Art Buddies generated $109.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $112.6k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 6 years. 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
IN FISCAL YEAR 2019-2020, WE SERVED 200 CHILDREN, AGES 8-11, FROM LOW- INCOME FAMILIES IN MINNEAPOLIS AND ST. PAUL. MOST OF THE KIDS WERE ELIGIBLE FOR FREE OR REDUCED-COST SCHOOL MEALS AND 95% WERE CHILDREN OF COLOR. WE RECRUITED 200 CREATIVE MENTORS TO WORK ONE-ON-ONE WITH THE CHILDREN. WE PRODUCED SEVEN AFTER-SCHOOL ART BUDDIES PROGRAMS, THREE IN THE FALL AND FOUR IN THE SPRING, AT OUR THREE PARTNER SCHOOLS: WHITTIER INTERNATIONAL ELEMENTARY AND BANCROFT ELEMENTARY IN SOUTH MINNEAPOLIS, AND RIVERVIEW WEST SIDE SCHOOL OF EXCELLENCE IN ST. PAUL. OUR MENTORS HELPED THE CHILDREN DO THE FOLLOWING: 1. FORM A POSITIVE RELATIONSHIP WITH A CREATIVE ADULT 2. DISCOVER THEIR CREATIVE POTENTIAL 3. BOOST THEIR SELF-ESTEEM BY CREATING SOMETHING AMBITIOUS AND UNIQUE 4. INCREASE THEIR MOTIVATION TO LEARN BY GIVING THEM AN EXCITING REASON TO COME TO SCHOOL AND EXPLORE 5. LEARN THE CREATIVE PROCESS OF CONCEIVING, PLANNING AND PRODUCING 6. EXPLORE CREATIVE CAREER POSSIBILITIES THE CHILDRENS' TEACHERS AND PRINCIPALS CONTINUALLY CONFIRM THE POSITIVE IMPACT OF THE ART BUDDIES PROGRAM. THE TEACHERS OBSERVED STUDENT IMPROVEMENT IN PROBLEM-SOLVING ABILITY, BEHAVIOR, ATTITUDE, MOTIVATION TO LEARN, SCHOOL ATTENDANCE AND SOCIAL SKILLS. THEY REPORT THE MASTERY STUDENTS DEVELOP IN ART BUDDIES, AS WELL AS THE POSITIVE RELATIONSHIPS THEY FORM WITH CREATIVE ADULTS THAT ENHANCE THEIR STUDENTS' SELF-ESTEEM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heidi Rich Exec Dir & P | 0 | $39,840 | |
Rosemary Ugboajah Director | 0 | $0 | |
Amy Pressnall Director/bd | 0 | $0 | |
Elliott Payne Director | 0 | $0 | |
Reginaldo Reyes Director | 0 | $0 | |
Karisa Buechner Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,695 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $276 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,971 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $81,597 |
| Professional fees and other payments to independent contractors | $6,595 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,431 |
| Total expenses | $112,623 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $177,057 |
| Other assets | $0 |
| Total assets | $180,750 |
| Total liabilities | $17,899 |
| Net assets or fund balances | $162,851 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Art Buddies has recieved totaling $7,606.
| Awarding Organization | Amount |
|---|---|
Minneapolis Foundation Minneapolis, MN PURPOSE: ARTS & CULTURE | $6,500 |
Mike And Beth Diem Foundation Wilmington, DE PURPOSE: PEN PAL PROGRAM | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $106 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rotary Club Of Rock Valley Foundation Inc Rock Valley, IA | $267,873 | $573,160 |
Best Friends of Neenah-Menasha In Neenah, WI | $295,778 | $397,727 |
Mentor North Duluth, MN | $149,076 | $351,871 |
Amachi Mentoring Devils Lake, ND | $446,387 | $318,221 |
Mentor Greater Milwaukee Inc Milwaukee, WI | $388,494 | $443,907 |
Mentor Iowa Urbandale, IA | $440,962 | $311,885 |
Kinship Of Polk County Inc Balsam Lake, WI | $396,541 | $228,462 |
The House Of Kings And Priests Inc Milwaukee, WI | $39,915 | $191,317 |
Brookings County Youth Mentoring Program Brookings, SD | $131,306 | $0 |
True Impact Outdoors Inc Osceola, IA | $122,046 | $165,383 |
Art Buddies Minneapolis, MN | $180,750 | $0 |
Richland-Wilkin Kinship Program Wahpeton, ND | $89,385 | $0 |