Power Of The Arts Inc
- Assets
- $1.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Warren, OH
- Founding
- 09/2015
- Data as of
- 12/2022
- EIN
- 47-2505687
Organization Overview
Power Of The Arts Inc is located in Warren, 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 12/2022, Power Of The Arts Inc generated $69.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $72.4k during the year ending 12/2022. While expenses have increased by 14.8% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Letson Vice President | 2 | $0 | |
Rebecca Davis Secretary | 2 | $0 | |
Mark Gasser Bd. Member | 2 | $0 | |
Brad Smith Tedx Youngstown Project Liaison / Treasurer | 10 | $0 | |
Terrance Cloonan President | 2 | $0 | |
William Mullane Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,471 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,000 |
| Total Revenue | $69,471 |
| 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 | $23,978 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $7,105 |
| Other expenses | $41,349 |
| Total expenses | $72,432 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,227 |
| Other assets | $0 |
| Total assets | $1,227 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,227 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Power Of The Arts Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Mahoning Valley Youngstown, OH PURPOSE: PROGRAM SUPPORT | $10,000 |
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 |