Eastend Studio And Gallery
- Assets
- $879.7k
- Revenue
- $222.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Marshall, MI
- Founding
- 05/2010
- Data as of
- 12/2023
- EIN
- 43-2098353
Organization Overview
Eastend Studio And Gallery is located in Marshall, MI. The organization was established in 2010. According to its NTEE Classification (A54) the organization is classified as: History Museums, 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. Eastend Studio And Gallery 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 12/2023, Eastend Studio And Gallery generated $222.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $203.2k during the year ending 12/2023. While expenses have increased by 14.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE, EDUCATE, AND PROMOTE ARTS IN THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE DIVERSE EDUCATIONAL PROGRAMMING FOR AREA RESIDENTS AND VISITORS
PROVIDE A COST EFFECTIVE EXHIBITION SPACE FOR ARTISTS
PROMOTE COMMUNITY OUTREACH BY PROMOTING THE ARTS IN VARIOUS WAYS TO PEOPLE IN THE GREATER COMMUNITY
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 |
|---|---|---|---|
Name Not Listed Executive Director | Officer | 20 | $32,883 |
Michael Dixon Director | Trustee | 0.5 | $0 |
Jay Larson Director | Trustee | 0.5 | $0 |
Michael Peck Director | Trustee | 0.5 | $0 |
Carol Petradean Director | Trustee | 0.5 | $0 |
Derek Allen Chairman | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $11,017 |
| Related organizations | $0 |
| Government grants | $47,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $73,722 |
| Noncash contributions included in lines 1a–1f | $1,089 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $132,639 |
| Total Program Service Revenue | $88,675 |
| Investment income | $3,224 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$2,061 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $222,477 |
| 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. | $32,883 |
| Compensation of current officers, directors, key employees. | $16,442 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,748 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,565 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,378 |
| Advertising and promotion | $1,295 |
| Office expenses | $4,499 |
| Information technology | $1,197 |
| Royalties | $0 |
| Occupancy | $16,900 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $566 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,164 |
| Insurance | $3,593 |
| All other expenses | $13,093 |
| Total functional expenses | $203,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,753 |
| Savings and temporary cash investments | $5 |
| Pledges and grants receivable | $21,187 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,927 |
| Net Land, buildings, and equipment | $818,615 |
| Investments—publicly traded securities | $222 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $879,709 |
| Accounts payable and accrued expenses | $6,285 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $82,663 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,527 |
| Total liabilities | $90,475 |
| Net assets without donor restrictions | $789,234 |
| Net assets with donor restrictions | $0 |
| 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 | $879,709 |