Crealde Arts Inc
- Assets
- $1.4m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 58
- Location
- Winter Park, FL
- Founding
- 10/1981
- Data as of
- 12/2021
- EIN
- 59-1887887
Organization Overview
Crealde Arts Inc is located in Winter Park, FL. The organization was established in 1981. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Crealde Arts Inc employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crealde Arts 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 12/2021, Crealde Arts Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 2.4% 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
PROVIDE EDUCATION IN VISUAL ARTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART CLASSES FOR STUDENTS OF ALL AGES
GALLERY EXHIBITION OF WORKS OF ART
SPECIAL PROGRAMS ARTCAMPS, EDUCATIONAL TOURS, SPECIAL CLASSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Schreyer CEO & Executive Dir | Officer | 40 | $112,882 |
Ann Clement Officer At Large | OfficerTrustee | 1 | $0 |
Shannon Kelly Vice President | OfficerTrustee | 1 | $0 |
Mark Thompson Treasurer | OfficerTrustee | 1 | $0 |
Frank Schornagle Secretary | OfficerTrustee | 1 | $0 |
Toni Peck Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $32,634 |
| Fundraising events | $7,661 |
| Related organizations | $0 |
| Government grants | $273,698 |
| All other contributions, gifts, grants, and similar amounts not included above | $383,117 |
| Noncash contributions included in lines 1a–1f | $27,648 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $697,110 |
| Total Program Service Revenue | $635,518 |
| Investment income | $497 |
| 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 | $1,333,125 |
| 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. | $0 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $9,760 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $32,600 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,218,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $253,494 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,225 |
| 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 | $1,237 |
| Net Land, buildings, and equipment | $1,160,206 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,419,162 |
| Accounts payable and accrued expenses | $34,591 |
| Grants payable | $0 |
| Deferred revenue | $122,647 |
| 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 | $140,132 |
| Total liabilities | $297,370 |
| Net assets without donor restrictions | $1,121,792 |
| Net assets with donor restrictions | $0 |
| 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 | $1,419,162 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Crealde Arts Inc has recieved totaling $208,772.
| Awarding Organization | Amount |
|---|---|
United Arts Of Central Florida Inc Orlando, FL PURPOSE: GENERAL SUPPORT/PROGRAMMING | $202,222 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $6,500 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 01/12/21 | $50 |
Endowment Analysis
| Beg. Balance | $38,807 |
| Net Contributions | $2,623 |
| Ending Balance | $41,430 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Advanced Technology Ventures Inc Atlanta, GA | $206,195,666 | $20,980,407 |
Galileo School Foundation Inc Sanford, FL | $34,481,901 | $12,247,750 |
Tree Of Knowledge Learning Academy Inc Miami Beach, FL | $8,101,415 | $14,538,092 |
Bridge Prep Academy Of Tampa Inc Miami, FL | $4,019,388 | $14,708,273 |
Alabama Nursing Home Association Education Foundation Montgomery, AL | $40,408,149 | $40,141,575 |
Centennial Place Academy Inc Atlanta, GA | $7,663,078 | $14,548,051 |
Georgia School Boards Association Workers Compensation Fund Lawrenceville, GA | $82,470,003 | $15,076,432 |
Pemayetv Emahakv Inc Hollywood, FL | $6,038,282 | $10,053,886 |
International Charter School Of Atlanta Inc Roswell, GA | $16,008,030 | $10,022,654 |
Gulf Coast Workforce Development Board Inc Panama City, FL | $2,763,305 | $9,285,107 |
Community Action Agency Of South Alabama Daphne, AL | $2,794,375 | $8,517,867 |
Northeast Florida Community Action Agency Inc Jacksonville, FL | $1,884,590 | $8,774,911 |