Crafty Mart
- Assets
- $34.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Akron, OH
- Founding
- 02/2015
- Data as of
- 12/2021
- EIN
- 47-1337945
Organization Overview
Crafty Mart is located in Akron, OH. The organization was established in 2015. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Crafty Mart 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, Crafty Mart generated $70.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $62.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 3 years. 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
THE ORGANIZATION ACCOMPLISHED THE FOLLOWING DURING 2021: -SUCCESSFULLY HELD 5 HANDMADE MARKETS THAT HOSTED ABOUT 250 MAKERS -HOSTED APPROXIMATELY 7500 SHOPPERS AT OUR EVENTS -OVERALL, SUPPORTED 350 SMALL BUSINESSES WITH MARKETS, NETWORKING OPPORTUNITIES, DIY WORKSHOPS AND EDUCATIONAL PROGRAMMING -HOSTED OUR 4TH ANNUAL CREATIVE CATAPULT EVENT IN SUPPORT OF 3 MAKERS AND AWARDED 1 OF THOSE MAKERS WITH 2,000 TO EXPAND THEIR HANDMADE BUSINESS -CREATIVE CATAPULT HOSTED 70 COMMUNITY MEMBERS TO LEARN MORE ABOUT THE 3 PARTICIPATING MAKERS AND WHAT THEY DO, AND VOTED ON THEIR FAVORITE IDEA WHILE ENJOYING A LIGHT MEAL -MAINTAINED A CRAFTY CLOSET AND HOSTED 2 OPEN HOUSES THAT ENCOURAGED OUR COMMUNITY TO DONATE UNUSED CRAFT SUPPLIES AND IS OPEN TO THE PUBLIC TO SHOP FOR WHAT THEY NEED TO COMPLETE THEIR CRAFTY PROJECT -HOSTED 4 DIY WORKSHOPS THAT WERE OPEN FOR OUR COMMUNITY TO PARTICIPATE IN -RAN A SUCCESSFUL CAPITAL CAMPAIGN TO FURTHER OUR 7,000SQ FT EVENT SPACE IMPROVEMENTS AND SOLIDIFY THE ONGOING PARTNERSHIP WITH BOUNCE INNOVATION HUB -NETWORKED OUR MAKER SESSION PARTICIPANTS WITH 16 LOCAL PROFESSIONALS IN TAX, MARKETING, BRANDING, CUSTOMER SERVICE, ETC. -HOSTED 16 MAKER SESSIONS THAT SUPPORTED 30 HANDMADE BUSINESSES AND COVERED TOPICS: BUILDING A BUSINESS PLAN, BOOTH BUILDING, PHOTOGRAPHY, BRANDING, TAXES, MARKETING AND SOCIAL MEDIA -AWARDED 5 SCHOLARSHIPS TO THE MAKER SESSIONS PROGRAMMING -DEVELOPED AND EXPANDED OUR MISSION, VISION AND VALUES AND STRATEGIC GOALS -CONTINUED OUR COVID RESPONSE PROGRAM, THE OHIO MAKER BOXES TO SUPPORT MAKERS IN A CURATED BOX THAT WAS SHIPPED TO SHOPPERS DOORS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marissa Mcclellan Executive Di | 20 | $19,200 | |
Meghan Meeker President, R | 2 | $0 | |
Maggie Olson Vice-Preside | 2 | $0 | |
Dara Harper Trustee | 2 | $0 | |
Welby Broaddus Trustee | 2 | $0 | |
Hannah Florian Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,265 |
| Total Program Service Revenue | $23,477 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,240 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,083 |
| Professional fees and other payments to independent contractors | $7,872 |
| Occupancy, rent, utilities, and maintenance | $2,127 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,416 |
| Total expenses | $62,498 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,669 |
| Other assets | $0 |
| Total assets | $34,670 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,670 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Crafty Mart has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
F W Albrecht Family Foundation Akron, OH PURPOSE: CHARITABLE SUPPORT | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The American Ceramic Society Inc Westerville, OH | $14,880,081 | $7,163,335 |
Museum Of Contemporary Art Cleveland Cleveland, OH | $27,997,238 | $2,174,653 |
Glass City Academy Toledo, OH | $3,212,958 | $2,938,051 |
Conservation Center For Art And Historic Artifacts Philadelphia, PA | $4,515,696 | $3,186,711 |
Clay Studio Philadelphia, PA | $16,944,971 | $9,873,164 |
Manchester Craftsmens Guild Pittsburgh, PA | $15,522,345 | $4,460,670 |
Unite Local 10 & Textile Maint Ind Philadelphia & Vicinity Welfare Philadelphia, PA | $3,000,579 | $1,742,913 |
Pewabic Society Inc Detroit, MI | $5,130,048 | $2,328,763 |
Artprize Grand Rapids Grand Rapids, MI | $1,087,754 | $2,849,118 |
Pittsburgh Glass Center Inc Pittsburgh, PA | $6,794,843 | $3,874,545 |
1hood Media Academy Pittsburgh, PA | $1,967,840 | $1,856,214 |
Downtown Toledo Development Corporation Toledo, OH | $1,911,388 | $1,327,098 |