College Park Arts Exchange Inc
- Assets
- $110.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- College Park, MD
- Founding
- 07/1999
- Data as of
- 06/2024
- EIN
- 52-2111971
Organization Overview
College Park Arts Exchange Inc is located in College Park, MD. The organization was established in 1999. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. College Park Arts Exchange 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 06/2024, College Park Arts Exchange Inc generated $105.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $95.5k during the year ending 06/2024. While expenses have increased by 19.0% 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDES VARIOUS ARTS PROGRAMS AIMED AT CHILDREN AND ADULTS. APPROXIMATELY 600 CITIZENS BENEFIT FROM THE PROGRAMS ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Birgit Meade Secretary | 2 | $0 | |
Allison Hughes Treasurer | 5 | $5,887 | |
Claudia Chudacoff Board Member | 5 | $5,800 | |
Eric Maring Board Member | 2 | $225 | |
Janis Oppelt Board Member | 2 | $0 | |
Melissa Sites Executive Director | 20 | $26,014 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,099 |
| Total Program Service Revenue | $33,704 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,803 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,911 |
| Professional fees and other payments to independent contractors | $51,490 |
| Occupancy, rent, utilities, and maintenance | $9,270 |
| Printing, publications, postage, and shipping | $387 |
| Other expenses | $6,444 |
| Total expenses | $95,502 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,002 |
| Other assets | $0 |
| Total assets | $110,002 |
| Total liabilities | $725 |
| Net assets or fund balances | $109,277 |