Art Resource Collaborative For Kids Arck Incorporated
- Assets
- $280.9k
- Revenue
- $321.6k
- Investments
- $0.0
- Employees
- 17
- Location
- Boston, MA
- Founding
- 10/2012
- Data as of
- 06/2021
- EIN
- 45-5442979
Organization Overview
Art Resource Collaborative For Kids Arck Incorporated is located in Boston, MA. The organization was established in 2012. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2021, Art Resource Collaborative For Kids Arck Incorporated employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Art Resource Collaborative For Kids Arck Incorporated 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, Art Resource Collaborative For Kids Arck Incorporated generated $321.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $341.2k during the year ending 06/2021. While expenses have increased by 17.5% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ARCK PROVIDES ART EDUCATION TO IGNITE CREATIVITY, BUILD SELF-AWARENESS, AND EMPOWER STUDENTS TO REACH THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE DESIGN AND DELIVER CREATIVE PROGRAMMING THAT IGNITES STUDENTS' IMAGINATIONS, SUPPORTS SOCIAL-EMOTIONAL WELL BEING, AND DEEPENS ACADEMIC LEARNING. ARCK TEACHING ARTISTS COLLABORATE WITH TEACHERS TO INTEGRATE OUR "ARTS WITH IMPACT" FRAMEWORK INTO THE CLASSROOM. SINCE 2012, ARCK HAS TAUGHT OVER 4,800 K-8TH GRADE STUDENTS THROUGH PARTNERSHIPS WITH 10 BOSTON PUBLIC SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Mraish Demeter President/executive Direct | Officer | 40 | $49,462 |
Miguel Monteriro Treasurer | OfficerTrustee | 1 | $0 |
Roger Krakoff Chair | OfficerTrustee | 1 | $0 |
Panos Demeter Board Member | Trustee | 1 | $0 |
Renee Burgher Clerk | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $302,626 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $321,626 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $321,626 |
| 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. | $46,769 |
| Compensation of current officers, directors, key employees. | $23,385 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $160,446 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,391 |
| Payroll taxes | $22,150 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,403 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,303 |
| Advertising and promotion | $4,857 |
| Office expenses | $1,809 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,857 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,628 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,857 |
| All other expenses | -$4,968 |
| Total functional expenses | $341,213 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $274,936 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,926 |
| Total assets | $280,862 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $280,862 |
| 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 | $280,862 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Art Resource Collaborative For Kids Arck Incorporated has recieved totaling $59,000.
| Awarding Organization | Amount |
|---|---|
Liberty Mutual Foundation Inc Boston, MA PURPOSE: ART WITH IMPACT: TEACHER COACHING AND TRAINING | $20,000 |
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: GENERAL | $15,000 |
Edvestors Inc Boston, MA PURPOSE: ARCK - BLACKSTONE, GARDNER PILOT | $10,000 |
Bain Capital Childrens Charity Ltd Boston, MA PURPOSE: To ignite the imagination of under-resourced stude | $10,000 |
Foley Hoag & Eliot Fdn Wilmington, DE PURPOSE: ARTS WITH IMPACT: CREATORS PROGRAM | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Imentor Incorporated New York, NY | $37,583,739 | $20,234,827 |
Good Sports Inc Braintree, MA | $15,718,989 | $17,640,081 |
Vermont Permanency Initiative Inc Plymouth, NH | $11,154,700 | $16,308,251 |
Exploration School Inc Norwood, MA | $30,976,539 | $12,294,773 |
West Side Center For Community Life Inc New York, NY | $9,114,399 | $14,422,692 |
Camp Harbor View Foundation Inc Boston, MA | $69,208,202 | $14,199,041 |
Utec Inc Lowell, MA | $20,133,809 | $14,604,530 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Childrens Workshop Foundation Central Falls, RI | $4,705,230 | $8,734,108 |
Exalt Youth New York, NY | $8,260,540 | $8,836,761 |