Institute For Creative Studies
- Assets
- $105.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Catonsville, MD
- Founding
- 12/1990
- Data as of
- 12/2022
- EIN
- 52-1691380
Organization Overview
Institute For Creative Studies is located in Catonsville, MD. The organization was established in 1990. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Creative Studies 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, Institute For Creative Studies generated $79.6k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $61.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 4 years. 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 |
|---|---|---|---|
Angel Schaffer President | 20 | $0 | |
Audrey Mccann Secretary | 20 | $0 | |
Jeff Stabenau Vice-President | 20 | $0 | |
Joseph Coleman Director | 20 | $0 | |
Glenn Nystrup Director | 20 | $0 | |
Lisa Favorini Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,520 |
| Total Program Service Revenue | $7,045 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $69 |
| Total Revenue | $79,641 |
| 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 | $898 |
| Occupancy, rent, utilities, and maintenance | $55,513 |
| Printing, publications, postage, and shipping | $2,518 |
| Other expenses | $2,985 |
| Total expenses | $61,914 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,472 |
| Other assets | $0 |
| Total assets | $105,472 |
| Total liabilities | $0 |
| Net assets or fund balances | $105,472 |
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