Madison Area Arts Alliance Inc
- Assets
- $7.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, IN
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-4138652
Organization Overview
Madison Area Arts Alliance Inc is located in Madison, IN. The organization was established in 2014. According to its NTEE Classification (A01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison Area Arts Alliance 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, Madison Area Arts Alliance Inc generated $43.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (31.1%) each year. All expenses for the organization totaled $100.4k during the year ending 12/2021. 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
OUR MISSION IS TO INTERACT WITH ALL ARTISTS, CIVIC, AND ART ORGANIZATIONS - ACTING AS AN ADVOCATE FOR ARTS IN ALL FORMS IN THE MADISON, IN AREA, AND TO PROMOTE THE AREA AS AN ARTS AND CREATIVE DESTINATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Wyne Treasurer | 0 | $0 | |
Randy Lakeman President | 0 | $0 | |
Rusty Bladen Director | 0 | $0 | |
Jessica Butler Director | 0 | $0 | |
Teresa Waller Director | 0 | $0 | |
Jane Vonderheide Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,831 |
| Total Program Service Revenue | $6,417 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,891 |
| Total Revenue | $43,139 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,927 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $9,681 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,790 |
| Total expenses | $100,398 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,467 |
| Other assets | $0 |
| Total assets | $7,467 |
| Total liabilities | $6,759 |
| Net assets or fund balances | $708 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Madison Area Arts Alliance Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Arvin Sango Foundation Inc Madison, IN PURPOSE: SPONSOR | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Illinois Arts Alliance Chicago, IL | $1,347,524 | $1,849,119 |
Ican Dream Center Nfp Tinley Park, IL | $385,031 | $1,586,805 |
St Louis Contracting Painters & Decorators Industry Advancement Fu Saint Louis, MO | $303,119 | $625,301 |
Kentucky Association Of School Superintendents Incorporated Frankfort, KY | $328,461 | $446,057 |
Naturist Society Foundation Inc Oshkosh, WI | $176,157 | $385,243 |
Preservation Chicago Nfp Chicago, IL | $291,950 | $509,303 |
Batesville Area Arts Council Inc Batesville, IN | $252,750 | $269,766 |
Architectural Iron Workers Of Chicago Industry Advancement Trust Chicago, IL | $529,640 | $135,266 |
New Pioneers For A Sustainable Future Inc Springfield, KY | $300,578 | $0 |
Hands Healing Hearts Inc Frankfort, KY | $144,161 | $0 |
Madison Area Arts Alliance Inc Madison, IN | $7,467 | $0 |
Louisville Association Of The Deaf Inc Louisville, KY | $0 | $0 |