River City Drum Corp Cultural Arts Institute is located in Louisville, KY. The organization was established in 2003. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, 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. River City Drum Corp Cultural Arts Institute 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 12/2021, River City Drum Corp Cultural Arts Institute generated $255.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $188.7k during the year ending 12/2021. While expenses have increased by 8.0% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TOP PROVIDE CULTRALLY ENRICHING EXPERIENCES, TUTORING AND MENTORING SERVICES TO YOUTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELPED TO BUILD YOUTHS SELF-ESTEEM WHILE EXPOSING THEM TO VARIOUS CULTURALLY ENRICHING EXPERIENCES IN WHICH THE YOUTH PARTICIPATED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Albert Shumake Executive Director | Officer | 40 | $37,504 |
Jerome Baker Associate Director | Officer | 40 | $36,246 |
Damian Thompson Board Chair | Officer | 5 | $0 |
Lynn Rippey Director | Trustee | 2 | $0 |
Charles Dobbins III Director | Trustee | 2 | $0 |
Marjorie Dunn Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $8,597 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $132,774 |
All other contributions, gifts, grants, and similar amounts not included above | $101,381 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $242,752 |
Total Program Service Revenue | $13,004 |
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 | $255,756 |
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. | $73,750 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $15,584 |
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 | $0 |
Insurance | $10,004 |
All other expenses | $2,149 |
Total functional expenses | $188,651 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $166,290 |
Savings and temporary cash investments | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $70,562 |
Total assets | $236,852 |
Accounts payable and accrued expenses | $3,400 |
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 | $3,400 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $233,452 |
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 | $236,852 |
Over the last fiscal year, we have identified 1 grants that River City Drum Corp Cultural Arts Institute has recieved totaling $18,280.
Awarding Organization | Amount |
---|---|
Fund For The Arts Inc Louisville, KY PURPOSE: Arts in Learning, Sustaining Impact Grant, Cultural Pass | $18,280 |
Organization Name | Assets | Revenue |
---|---|---|
Drum Corps International Inc Indianapolis, IN | $11,292,251 | $9,955,642 |
Music For All Inc Indianapolis, IN | $2,684,285 | $3,131,031 |
Trio Foundation St Louis, MO | $39,212,571 | $11,850,329 |
Midwest Clinic Woodridge, IL | $1,577,442 | $1,838,412 |
Apollos Fire The Cleveland Baroque Orchestra Cleveland Heights, OH | $1,453,551 | $1,955,138 |
The Cavaliers Ap&e Inc Rosemont, IL | $1,260,732 | $1,797,473 |
Ensemble Espanol Chicago, IL | $890,186 | $1,461,025 |
Phantom Regiment Inc Loves Park, IL | $1,306,729 | $1,379,502 |
Accessible Contemporary Music Chicago, IL | $312,653 | $895,582 |
Eighth Blackbird Performing Arts Association Chicago, IL | $447,450 | $697,687 |
Spektral Quartet Nfp Chicago, IL | $198,758 | $544,758 |
Chapparells Inc Akron, OH | $121,051 | $529,263 |