Global Organization For Arts And Leadership
- Assets
- $764.3k
- Revenue
- $56.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Kent, WA
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-5474174
Organization Overview
Global Organization For Arts And Leadership is located in Kent, WA. The organization was established in 2014. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Global Organization For Arts And Leadership 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 12/2022, Global Organization For Arts And Leadership generated $56.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $56.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 years. 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
GOAL'S PRIMARY PURPOSE IS TO ENRICH INDIVIDUAL PRODUCTIVITY AND QUALITY OF LIFE THROUGH THE UNIVERSAL LANGUAGE OF THE ARTS, TO INSPIRE INDIVIDUAL SELF-AWARENESS ANDCOMMUNITY ENGAGEMENT IN EVERY GLOBAL CITIZENS, THROUGH INNOVATION OF 21ST CENTURY ARTISTIC TRANSFORMATIONAL LEADERSHIP EDUCATIONAL PLATFORMS AND CULTURAL PROGRAMS VITAL TO THE WHOLE LEADER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOAL PROVIDES BOTH LEAP ACADEMY PROGRAMS WITH 2 SEMESTERS ENDING WOTH PERFORMANCES OF PRODUCTIONS USING STORIES WITH A SOCIAL MORAL UNDERLYING THEME. IT PROVIDS LEADERSHIP EDUCATION ALSO IN SUMMER CAMPS WHERE STUDENTS LEARN THE ARTS AND THE SELF-AWARENESS AND CREATIVE EFFORS TO BECOME A COMPLETE PARTICIPANT IN THEIR COMMUNITIES.
CREATING ARTISTS WHO ARE ALLOWED THE FREEDOM OF FULL EXPRESSION AND UNDERSTAND THE CONCEPT OF TOTAL EFFORT. TO DISCOVER THIS AWARENESS AND THE REWARDS INDIVIDUALLY TO DEVELOPE THESE TRAITS OVER A LIFETIME.
THE STUDENTS OF ARTS AND LEADERSHIP CLASSES WERE COMPLETED THROUGH A 2 SEMESTER ENROLLMENT IN LEAP ACADEMY FOR THE FALL-WINGER AND WINTER-SPRING COURSES AS WELL AND 3 2-WEEK SUMMER CAMPS THAT DISCUSS THE SKILL IN MANY ASPECTS OF LEADING AN EXEMPLARY LIFE. THE CAMPS ARE LIMITED TO CHILDREN AGES 6 THROUGH 17.
PROGRAM SHOWING MONTESSORI STUDENTS HOW TO MAKE SOCK PUPPETS AND USE THE PUPPETS TO SHOW OTHERS WHAT TRUE CONSIDERATIONS AND THANKFULLNESS ARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanko Milov President & | Officer | $0 | |
Danka Shinlakova Secretary | Officer | $0 | |
Beatrice Stockwell Treasurer | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $29,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $15,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,250 |
| Total Program Service Revenue | $27,174 |
| 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 | $56,424 |
| 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 | $6,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,001 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,363 |
| Advertising and promotion | $0 |
| Office expenses | $1,853 |
| Information technology | $1,079 |
| Royalties | $0 |
| Occupancy | $12,880 |
| Travel | $3,900 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,347 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $56,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$2,264 |
| 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 | $747,227 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,342 |
| Total assets | $764,305 |
| 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 | $9,318 |
| Other liabilities | $459 |
| Total liabilities | $9,777 |
| Net assets without donor restrictions | $24,332 |
| Net assets with donor restrictions | $730,196 |
| 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 | $764,305 |