Ironwood Downtown Art Place Inc
- Assets
- $174.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ironwood, MI
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-2544892
Organization Overview
Ironwood Downtown Art Place Inc is located in Ironwood, MI. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ironwood Downtown Art Place 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, Ironwood Downtown Art Place Inc generated $72.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $51.0k during the year ending 12/2021. While expenses have increased by 2.5% per year over the past 3 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 GALLARY EXHIBITS FEATURED THE WORK OF OVER 100 ARTISTS, VIEWED BY 4000 PEOPLE. ART EDUCATION PROGRAMMING AND FREE COMMUNITY ART ACTIVITIES REACHED 1000 YOUTH AND ADULTS. AFFORDABLE STUDIO SPACES WERE RENTED TO 20 ARTISTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Brown Director | 1 | $0 | |
Jacob Vallejo Director | 6 | $0 | |
Susan Spaete Secretary | 2 | $0 | |
Lee Ann Garske Vice President | 1 | $0 | |
Nancy Korpela Director | 1 | $0 | |
Robert Burchell Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,108 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $30,676 |
| Total Revenue | $72,696 |
| 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 | $16,659 |
| Occupancy, rent, utilities, and maintenance | $17,663 |
| Printing, publications, postage, and shipping | $71 |
| Other expenses | $16,603 |
| Total expenses | $50,996 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,279 |
| Other assets | $0 |
| Total assets | $174,835 |
| Total liabilities | $3,286 |
| Net assets or fund balances | $171,549 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ironwood Downtown Art Place Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Arts Midwest Minneapolis, MN PURPOSE: UNITED STATES REGIONAL ARTS RESILIENCE FUND PHASE 2 | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Michigan Nonprofit Association Lansing, MI | $6,155,794 | $10,465,564 |
Mareda Inc Toledo, OH | $0 | $769,242 |
Ohio Laborers Training And Apprenticeship Fund Westerville, OH | $24,371,350 | $8,394,060 |
Marshall-Starke Development Center Inc Plymouth, IN | $2,688,412 | $6,830,962 |
North Oakland Residential Services Inc Oxford, MI | $2,525,841 | $6,535,346 |
Greater Cleveland Sports Commission Cleveland, OH | $9,405,346 | $6,945,850 |
American Society For Clinical Investigation Inc Ann Arbor, MI | $15,941,863 | $6,053,976 |
Lakeshore Cap Inc Of Wisconsin Manitowoc, WI | $4,910,382 | $5,227,133 |
Cdc Resources Inc Monticello, IN | $3,899,685 | $5,523,588 |
Bethesda Properties Inc Cincinnati, OH | $37,736,609 | $6,114,363 |
Ican Inc Canton, OH | $8,692,652 | $4,416,235 |
Reese-Shackelford Foundation Columbus, OH | $10,905,082 | $7,902,773 |