Ironwood Downtown Art Place Inc
- Assets
- $229.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ironwood, MI
- Founding
- 07/2014
- Data as of
- 12/2023
- 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 12/2023, Ironwood Downtown Art Place Inc generated $82.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $51.0k during the year ending 12/2023. While expenses have increased by 1.5% 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
ART GALLARY EXHIBITS FEATURED THE WORK OF OVER 100 ARTISTS, VIEWED BY 5000 PEOPLE. ART EDUCATION PROGRAMMING AND FREE COMMUNITY ART ACTIVITIES REACHED 330 YOUTH AND 185 ADULTS. AFFORDABLE STUDIO SPACES WERE RENTED TO 13 ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Howard Sandin President | 15 | $0 | |
Lee Ann Garske Vice President | 1 | $0 | |
Gillian Pawlak Rotsch Secretary | 2 | $0 | |
Annette Dalio-Burchell Treasurer | 15 | $0 | |
Jacob Vallejo Director | 6 | $0 | |
Nancy Korpela Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,541 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $28,825 |
| Total Revenue | $82,098 |
| 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 | $16,224 |
| Occupancy, rent, utilities, and maintenance | $19,992 |
| Printing, publications, postage, and shipping | $399 |
| Other expenses | $14,358 |
| Total expenses | $50,973 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,799 |
| Other assets | $0 |
| Total assets | $229,234 |
| Total liabilities | $3,666 |
| Net assets or fund balances | $225,568 |