Racine Creative Center Corporation
- Assets
- $51.7k
- Revenue
- $126.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Racine, WI
- Founding
- 10/2016
- Data as of
- 06/2017
- EIN
- 47-5122339
Organization Overview
Racine Creative Center Corporation is located in Racine, WI. The organization was established in 2016. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. Racine Creative Center Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT CHARITABLE AND EDUCATIONAL ACTIVITIES TO PREPARE RACINE'S URBAN YOUTH FOR A CAREER IN THE DIGITAL ARTS, PHOTOGRAPHY, MOTION GRAPHIC AND OTHER ARTISTIC MEDIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE START OF THE GENIUS WORKSHOP, THE CHOICE WORKSHOP; WHERE RACINE'S YOUTH ARE TAUGHT ABOUT GRAPHIC DESIGN, CODING, PHOTOGRAPHY AND VIDEO.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Baumstark Executive Director | Trustee | 40 | $16,500 |
Aidana Lira Board Of Directors Member | Trustee | 0 | $0 |
John Carpenter Board Of Directors Member | Trustee | 0 | $0 |
Matthew Wagner PHD Board Of Directors Member | Trustee | 0 | $0 |
Ben Kasica Board Of Directors Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $126,910 |
| 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 | $126,910 |
| Statement of Expenses | |
|---|---|
| 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. | $16,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,708 |
| 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 | $7,392 |
| Advertising and promotion | $1,345 |
| Office expenses | $2,652 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,209 |
| Insurance | $1,470 |
| All other expenses | $0 |
| Total functional expenses | $75,212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,472 |
| Savings and temporary cash investments | $6 |
| 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 | $1,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $51,698 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $51,698 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Racine Creative Center Corporation has recieved totaling $51,000.
| Awarding Organization | Amount |
|---|---|
Racine Community Foundation Inc Racine, WI PURPOSE: SHOE CAMPAIGN PROJECT & CREATIVE/INNOVATIVE FIELD TRIPS | $17,000 |
Racine Community Foundation Inc Racine, WI PURPOSE: SHOE CAMPAIGN PROJECT & CREATIVE/INNOVATIVE FIELD TRIPS | $17,000 |
Racine Community Foundation Inc Racine, WI PURPOSE: SHOE CAMPAIGN PROJECT & CREATIVE/INNOVATIVE FIELD TRIPS | $17,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Music Institute Of Chicago Evanston, IL | $11,276,124 | $7,011,364 |
Flint Institute Of Arts Flint, MI | $64,606,144 | $9,980,420 |
Chicago Academy For The Arts Chicago, IL | $3,169,468 | $6,255,209 |
Blue Lake Fine Arts Camp Twin Lake, MI | $13,832,939 | $7,779,561 |
Frazier Academy Design Team Inc Chicago, IL | $0 | $3,133,368 |
Oxbow Saugatuck, MI | $6,747,769 | $2,600,895 |
Ingenuity Incorporated Chicago Chicago, IL | $7,892,105 | $6,208,550 |
Marwen Foundation Chicago, IL | $21,640,226 | $2,262,448 |
Urban Gateways Chicago, IL | $1,900,361 | $2,567,092 |
Northern Clay Center Minneapolis, MN | $4,214,446 | $1,584,059 |
Wisconsin Foundaton For Educational Administration Inc Madison, WI | $1,928,269 | $1,830,497 |
Evanston Art Center And Market Evanston, IL | $5,253,080 | $1,872,951 |