Arts Together Inc
- Assets
- $461.8k
- Revenue
- $543.8k
- Investments
- $0.0
- Employees
- 43
- Location
- Raleigh, NC
- Founding
- 11/1983
- Data as of
- 06/2021
- EIN
- 58-1514416
Organization Overview
Arts Together Inc is located in Raleigh, NC. The organization was established in 1983. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Arts Together Inc employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts Together 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 06/2021, Arts Together Inc generated $543.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $589.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 6 years. 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
TO CULTIVATE INDIVIDUAL, CREATIVE STRENGTHS THROUGH THE ARTS IN A DIVERSE, INCLUSIVE, COLLABORATIVE, AND NUTURING COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN 1983, ARTS TOGETHER PROVIDES QUALITY ARTS PROGRAMMING THAT EMBRACES DIVERSITY AND CULTIVATES CREATIVITY AND COMMUNITY. ARTS TOGETHER IS THE ONLY RALEIGH NON-PROFIT WITH A YEAR-ROUND ARTS EDUCATION PROGRAM ENCOMPASSING VISUAL ART, DANCE, DRAMA, AND MULTI-ARTS CLASSES FOR STUDENTS AGE THREE TO ADULT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cherrelyn Napue Executive Director | Officer | 40 | $75,585 |
Charlotte Holton President | OfficerTrustee | 1 | $0 |
Mindy Rosenbaum Vice President | OfficerTrustee | 1 | $0 |
Mary Lee Mazarick Secretary | OfficerTrustee | 1 | $0 |
Nicholas Mayhew Treasurer | OfficerTrustee | 1 | $0 |
Tom Allen Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $138,324 |
| All other contributions, gifts, grants, and similar amounts not included above | $85,843 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $224,167 |
| Total Program Service Revenue | $258,996 |
| Investment income | $47 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $12,491 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $543,838 |
| 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. | $79,200 |
| Compensation of current officers, directors, key employees. | $39,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $264,756 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $61,365 |
| Payroll taxes | $23,529 |
| 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 | $31,470 |
| Advertising and promotion | $1,761 |
| Office expenses | $3,598 |
| Information technology | $26,977 |
| Royalties | $0 |
| Occupancy | $46,586 |
| Travel | $53 |
| 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 | $10,305 |
| Insurance | $5,472 |
| All other expenses | $3,261 |
| Total functional expenses | $589,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,648 |
| Savings and temporary cash investments | $296,124 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,012 |
| 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 | $12,116 |
| Net Land, buildings, and equipment | $21,863 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,000 |
| Total assets | $461,763 |
| Accounts payable and accrued expenses | $19,909 |
| Grants payable | $0 |
| Deferred revenue | $110,516 |
| 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 | $105,600 |
| Other liabilities | $0 |
| Total liabilities | $386,025 |
| Net assets without donor restrictions | $73,429 |
| Net assets with donor restrictions | $2,309 |
| 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 | $461,763 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Arts Together Inc has recieved totaling $199.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $159 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $40 |
Endowment Analysis
| Beg. Balance | $29,932 |
| Earnings | $8,932 |
| Net Contributions | $150 |
| Other Expense | $348 |
| Ending Balance | $38,666 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association For Music Education Reston, VA | $9,057,318 | $6,884,178 |
Brevard Music Center Incorporated Brevard, NC | $69,609,976 | $12,354,771 |
United States Eventing Association Leesburg, VA | $3,606,586 | $4,712,475 |
School Of The Performing Arts In The Richmond Community Sparc Richmond, VA | $4,988,298 | $2,911,343 |
Vagabond School Of The Drama Inc Flat Rock, NC | $5,199,970 | $3,956,407 |
American String Teachers Association Incorporated Fairfax, VA | $1,824,284 | $1,512,044 |
Penn Center Inc St Helena Is, SC | $6,221,422 | $3,423,853 |
Heifetz International Music Institute Inc Staunton, VA | $536,696 | $1,780,872 |
North Carolina Music Educators Association Raleigh, NC | $1,025,143 | $732,789 |
Music Academy Of North Carolina Inc Greeensboro, NC | $582,444 | $637,956 |
Arts Together Inc Raleigh, NC | $461,763 | $543,838 |
Community Music School Raleigh, NC | $551,464 | $549,151 |