Power Of The Arts Inc
- Assets
- $5.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Niles, OH
- Founding
- 09/2015
- Data as of
- 12/2023
- EIN
- 47-2505687
Organization Overview
Power Of The Arts Inc is located in Niles, 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. Power Of The 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 12/2023, Power Of The Arts Inc generated $163.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 49.1% each year . All expenses for the organization totaled $159.0k during the year ending 12/2023. While expenses have increased by 53.2% per year over the past 4 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
DUE TO THE PANDEMIC, TEDX DID NOT HOLD EVENTS IN 2020 AND 2021. THEY RESUMED PROGRAMS IN 2022. POA IS THE FISCAL SPONSOR OF TEDX. TEDX IS A PROJECT THAT PRODUCES A LOCAL, SELF-ORGANIZED EVENT THAT BRINGS PEOPLE TOGETHER TO SHARE IDEAS THROUGH A SERIES OF CURATED PUBLIC SPEAKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Davis President | 2 | $0 | |
Sharon Letson Vice Preside | 2 | $0 | |
Cindy Castro Dirusso Treasurer | 2 | $0 | |
Terrance Cloonan Past Preside | 6 | $0 | |
Mark Gasser President | 2 | $0 | |
Rebecca Keck Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $160,755 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,500 |
| Total Revenue | $163,255 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $75 |
| Other expenses | $158,927 |
| Total expenses | $159,002 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,480 |
| Other assets | $0 |
| Total assets | $5,480 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,480 |