Arts Bus Inc
- Assets
- $96.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Randolph, VT
- Founding
- 07/2013
- Data as of
- 12/2023
- EIN
- 45-4078211
Organization Overview
Arts Bus Inc is located in Randolph, VT. The organization was established in 2013. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts Bus 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 12/2023, Arts Bus Inc generated $171.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $137.0k during the year ending 12/2023. While expenses have increased by 16.7% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
THE ARTS BUS MADE DIRECT CONNECTIONS TO OVER 1,500 CHILDREN AND 150,000 PEOPLE IN 2023, THROUGH ART EDUCATORS, MATERIALS, SUPPLIES, CLASSES AND KITS. THE BUS AND ITS NEWLY PURCHASED MINIBUS TRAVEL YEAR-ROUND TO AFTERSCHOOL PROGRAMS, DAYCARES, SCHOOLS, SUMMER CAMPS, PUBLIC LIBRARIES, ART FACILITIES, FARMS AND PUBLIC EVENTS TO EMPOWER CHILDREN WITH THE JOY OF AUTHENTIC SELF-EXPRESSION THROUGH THE ARTS. THE ARTS BUS SERVICES AN AREA OF 3,500 ELEMENTARY-AGED CHILDREN AND REGULARLY ENGAGES 1/3 OF THE CHILDREN EACH YEAR WITH SEVERAL MEDIUMS AND ART EDUCATORS. IT IS A HIGHLY EFFICIENT NONPROFIT WITH 75% OF COSTS AND LABOR COMMITTED TO PROGRAM EXPENSES WITH PLANS TO GROW INTO A 2-PERSON, 2-VEHICLE TEAM IN 2024.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Feierabend Trustee | 20 | $0 | |
Bethany Silloway Trustee, Pre | 20 | $0 | |
Courtney Bowen Trustee, Tre | 20 | $0 | |
Kirstie Paribello Bailey Trustee, Sec | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,518 |
| Total Program Service Revenue | $40,517 |
| Membership dues | $0 |
| Investment income | $17 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $340 |
| Total Revenue | $171,392 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,379 |
| Professional fees and other payments to independent contractors | $19,566 |
| Occupancy, rent, utilities, and maintenance | $7,057 |
| Printing, publications, postage, and shipping | $116 |
| Other expenses | $55,895 |
| Total expenses | $137,013 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,223 |
| Other assets | $0 |
| Total assets | $96,463 |
| Total liabilities | $3,873 |
| Net assets or fund balances | $92,590 |