Arts For The Aging-Maryland Inc
- Assets
- $916.7k
- Revenue
- $596.4k
- Investments
- $596.9k
- Employees
- 9
- Location
- Gaithersburg, MD
- Founding
- 10/1996
- Data as of
- 12/2023
- EIN
- 52-1978088
Organization Overview
Arts For The Aging-Maryland Inc is located in Gaithersburg, MD. The organization was established in 1996. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Arts For The Aging-Maryland Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts For The Aging-Maryland 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, Arts For The Aging-Maryland Inc generated $596.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $749.6k during the year ending 12/2023. While expenses have increased by 8.0% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ARTS FOR THE AGINGIS A HUMAN SERVICE ORGANIZATION BASED IN GREATER D.C. THAT ENGAGES OLDER ADULTS AND CAREGIVERS WITH DIVERSE ABILITIES AND BACKGROUNDS IN HEALTH IMPROVEMENT AND LIFE ENHANCEMENT THROUGH REGULAR PARTICIPATION IN THE ARTS. OUR VISION IS TO DEMONSTRATE EXCELLENCE IN MULTIDISCIPLINARY, PARTICIPATORY, AND INCLUSIVE ARTS PROGRAMMING. PROGRAMS ARE FACILITATED BY OUR TRAINED FACULTY OF TEACHING ARTISTS WITH DIVERSE BACKGROUNDS AND ARTS DISCIPLINES, AND DESIGNED TO INSPIRE EMPATHY AND RESPECT, FOSTER COMMUNICATION AND BELONGING, AND PROMOTE SOCIAL CONNECTION ENHANCE SOCIALIZATION. PROGRAMS TAKE PLACE WITH CLIENTS THAT ARE COMMUNITY AND RESIDENTIAL CARE SETTINGS, AND IN COLLABORATION WITH CULTURAL ARTS AND COMMUNITY PARTNERS. PROGRAMS ARE FEE-BASED WITH FINANCIAL AID FOR CLIENTS AND PARTNERS THAT WOULDN'T OTHERWISE HAVE ACCESS TO BEST PRACTICE CREATIVE AGING PROGRAMS AND TRAININGS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, ARTS FOR THE AGINGS MULTIDISCIPLINARY, PARTICIPATORY, AND INCLUSIVE ARTS PROGRAMS: REACHED 40 CLIENT ORGANIZATIONS AT 66 LOCATIONS; REGULARLY ENGAGED 1,234 OLDER ADULTS AND252 PROFESSIONAL AND FAMILY CAREGIVERS; DELIVERED 60 HEART KITS (PRE-PACKAGED PROJECTS) TO PEOPLE AT HOME TO BRIDGE THE DIGITAL DIVIDE; AND PROGRAMS WERE FACILITATED BY OUR TRAINED FACULTY OF 28 PROFESSIONAL TEACHING ARTISTS. OUR ATTENDANCE WAS 7,893 AT LIVE WORKSHOPS. WE INCREASED THE NUMBER OF PROGRAMS WE OFFERED BY 46%, FROM 346 IN THE PREVIOUS YEAR TO 506 IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janine Tursini Director And | OfficerTrustee | 40 | $106,928 |
Donald T Bliss ESQ Director | Trustee | 1 | $0 |
Gabriela Coman ESQ Secretary | OfficerTrustee | 1 | $0 |
Michelle Baker Board Chair | OfficerTrustee | 2 | $0 |
Ryan Wilson ESQ Director | Trustee | 1 | $0 |
Bruce Matter ESQ General Coun | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $163,594 |
| All other contributions, gifts, grants, and similar amounts not included above | $269,071 |
| Noncash contributions included in lines 1a–1f | $4,603 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $432,665 |
| Total Program Service Revenue | $130,270 |
| Investment income | $23,306 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,190 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $596,431 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $106,928 |
| Compensation of current officers, directors, key employees. | $16,039 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $255,099 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,059 |
| Payroll taxes | $29,665 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $198,199 |
| Advertising and promotion | $3,870 |
| Office expenses | $2,173 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,843 |
| Travel | $2,012 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,593 |
| Interest | $4,294 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,213 |
| All other expenses | $5,797 |
| Total functional expenses | $749,626 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,296 |
| Savings and temporary cash investments | $30,768 |
| Pledges and grants receivable | $52,957 |
| Accounts receivable, net | $81,000 |
| 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 | $531 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $596,903 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,220 |
| Total assets | $916,675 |
| Accounts payable and accrued expenses | $63,758 |
| 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 | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $213,758 |
| Net assets without donor restrictions | $202,353 |
| Net assets with donor restrictions | $500,564 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $916,675 |