New Spire Arts Inc
- Assets
- $55.5k
- Revenue
- $232.4k
- Investments
- $0.0
- Employees
- 6
- Location
- Frederick, MD
- Founding
- 12/2013
- Data as of
- 06/2022
- EIN
- 46-3479474
Organization Overview
New Spire Arts Inc is located in Frederick, MD. The organization was established in 2013. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, New Spire Arts Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Spire Arts 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 06/2022, New Spire Arts Inc generated $232.4k in total revenue. All expenses for the organization totaled $317.1k during the year ending 06/2022. While expenses have increased by 74.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
NEW SPIRE ARTS INSPIRES CREATIVE ENGAGEMENT FROM ALL FACETS OF THE COMMUNITY BY PROVIDING PROGRAMMING AND EDUCATION IN, ABOUT, AND THROUGH THE PERFORMING ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED ARTS EDUCATION IN THE FREDERICK COUNTY COMMUNITY BY PROVIDING PROGRAMMING CENTERED AROUND LIVE MUSIC AND THE PERFORMING ARTS, ACCCESSIBLE TO ALL AGES. WE CURATE VIBRANT, UNIQUE, AND UNFORGETTABLE EVENTS AND EXPERIENCES FEATURING A MIX OF TOURING ARTISTS, MUSICIANS, AND PERFORMERS AND COLLABORATION WITH LOCAL ARTS ORGANIZATIONS AND ASPIRING ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Livelsberger Secretary | OfficerTrustee | 5 | $0 |
Della C Colville Board Chair | OfficerTrustee | 5 | $0 |
Mano Koilpillai Treasurer | OfficerTrustee | 5 | $0 |
Stephanie Weigelt Director | Trustee | 1 | $0 |
Ramenta Cottrell Director | Trustee | 1 | $0 |
Rick Weldon Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $65,839 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,550 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,389 |
| Total Program Service Revenue | $0 |
| Investment income | $49 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $152,784 |
| Net Gain/Loss on Asset Sales | -$1,870 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $232,352 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $126,452 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,082 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,929 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,942 |
| Office expenses | $9,604 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $66,929 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,966 |
| Insurance | $5,105 |
| All other expenses | $29 |
| Total functional expenses | $317,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,640 |
| Savings and temporary cash investments | $17,621 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,800 |
| 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 | $1,000 |
| Net Land, buildings, and equipment | $18,419 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $55,480 |
| Accounts payable and accrued expenses | -$89 |
| 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 | $771 |
| Total liabilities | $682 |
| Net assets without donor restrictions | $54,798 |
| 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 | $55,480 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that New Spire Arts Inc has recieved totaling $33,341.
| Awarding Organization | Amount |
|---|---|
The Ausherman Family Trust Frederick, MD PURPOSE: OPERATIONS SUPPORT | $33,336 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mann Center For The Performing Arts Philadelphia, PA | $32,818,014 | $23,395,696 |
Strathmore Hall Foundation Inc North Bethesda, MD | $27,256,314 | $8,322,288 |
Washington Performing Arts Society Washington, DC | $12,549,147 | $4,886,462 |
Strand-Capitol Performing Arts Center Inc York, PA | $13,276,794 | $10,332,110 |
State Theatre Center For The Arts Inc Easton, PA | $9,301,794 | $4,832,518 |
Whitaker Center For Science And The Arts Harrisburg, PA | $29,354,486 | $3,497,396 |
Lyric Foundation Inc Baltimore, MD | $19,508,427 | $4,826,860 |
Hippodrome Foundation Inc Baltimore, MD | $13,272,762 | $8,345,176 |
Maryland Hall For The Creative Arts Inc Annapolis, MD | $14,959,941 | $1,722,678 |
Zeiders American Dream Theater Virginia Beach, VA | $9,355,099 | $2,062,957 |
Scranton Cultural Center At The Masonic Temple Scranton, PA | $4,305,275 | $2,129,325 |
Atlas Performing Arts Center Washington, DC | $17,353,205 | $2,355,130 |