Imagine Art Inc
- Assets
- $206.8k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 49
- Location
- Austin, TX
- Founding
- 10/2001
- Data as of
- 09/2021
- EIN
- 74-3010913
Organization Overview
Imagine Art Inc is located in Austin, TX. The organization was established in 2001. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Imagine Art Inc employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Imagine Art 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 09/2021, Imagine Art Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.0% each year . All expenses for the organization totaled $1.4m during the year ending 09/2021. While expenses have increased by 25.9% per year over the past 6 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
WE LEVERAGE ART AND PLACE; EMPOWERING ARTISTS WITH DISABILITIES WHO BECOME CREATIVE CATALYSTS FOR CHANGING SYSTEMS OF DAY HABILITATION; LONG-TERM CARE, PEER SUPPORT, AND AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LONG-TERM CARE WAIVER: PROGRAM PROVIDES IN-HOME ASSISTANCE TO INDIVIDUALS WITH INTELLECTUAL DEVELOPMENT DISABILITIES WHO ARE OPTING OUT OF INSTITUTIONAL PLACEMENT AND CHOOSING COMMUNITY-BASED SERVICES. ALSO PROVIDES GROUP HOMES.
AMERICORP: GRANT PROVIDES FOR FULL TIME AMERICORP MEMBERS TO SUPPORT THE DAY HAB. AMERICORPS MEMBERS EMPOWER ARTIST WITH DISABILITIES TO EQUALLY ACCESS ART OPPORTUNITIES ALONGSIDE THEIR NON-DISABLE PEERS BY TEACHING JOB READINESS SKILLS AND PROVIDING A FULL SPECTRUM OF SUPPORT INCLUDING DESIGN, PRODUCTION, EXHIBITION, AND MICRO-BUSINESS DEVELOPMENT.
TRAINING 4 TRANSFORMATION: PROGRAM ESTABLISHES A TRAINING AND CERTIFICATION PROGRAM FOR PERSONS WITH INTELLECTUAL DEVELOPMENTAL DISABILITIES TO BECOME PEER SUPPORT SPECIALISTS.
FINE ARTS STUDIO: PROGRAM SERVES ARTIST, WITH AND WITHOUT DISABILITIES. THE PURPOSE OF THE PROGRAM IS TO DEMOSTRATE A NEW SERVICE-INTEGRATED DAY HABILIATION THROUGH A CREATIVE PLACE-MAKING MODEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debbie Kizer CEO | Officer | 35 | $68,479 |
Laurence Statman CFO | Officer | 15 | $32,500 |
Rick Wells Chair | OfficerTrustee | 4 | $0 |
Mike Meleski Treasurer | OfficerTrustee | 4 | $0 |
Cori Ponce Secretary | OfficerTrustee | 4 | $0 |
Janet Sibert Member | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $629,219 |
| All other contributions, gifts, grants, and similar amounts not included above | $65,569 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $694,788 |
| Total Program Service Revenue | $770,542 |
| Investment income | $30 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$11,001 |
| 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 | $1,454,359 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $18,676 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $65,359 |
| Compensation of current officers, directors, key employees. | $2,579 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $612,598 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,104 |
| Payroll taxes | $52,622 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,472 |
| Fees for services: Accounting | $11,812 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $485,298 |
| Advertising and promotion | $0 |
| Office expenses | $38,799 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $63,392 |
| 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 | $7,135 |
| All other expenses | $135 |
| Total functional expenses | $1,415,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,660 |
| Savings and temporary cash investments | $29,221 |
| Pledges and grants receivable | $133,987 |
| 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 | $13,975 |
| Total assets | $206,843 |
| Accounts payable and accrued expenses | $50,730 |
| 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 | $10,061 |
| Total liabilities | $60,791 |
| Net assets without donor restrictions | $144,963 |
| Net assets with donor restrictions | $1,089 |
| 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 | $206,843 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Imagine Art Inc has recieved totaling $281,328.
| Awarding Organization | Amount |
|---|---|
The Onestar Foundation Austin, TX PURPOSE: AMERICORPS SUB-GRANT | $255,304 |
Bbb Serving The Heart Of Texas Austin, TX PURPOSE: COVID-19 EMERGENCY RELIEF | $20,000 |
Stenkirke Family Foundation Siloam Springs, AR PURPOSE: GENERAL & UNRESTRICTED | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fort Worth Art Association Fort Worth, TX | $70,573,501 | $16,694,058 |
Health Education Learning Project H E L P Fort Worth, TX | $21,809,617 | $21,715,181 |
Texas Advocacy Project Inc Austin, TX | $1,606,192 | $3,119,683 |
Efforts Of Grace Inc New Orleans, LA | $9,750,115 | $6,712,838 |
South Texas Institute For The Arts Corpus Christi, TX | $11,651,943 | $2,742,109 |
Society For Neuro-Oncology Houston, TX | $6,909,260 | $3,914,434 |
Gdiacc Foundation Inc Dallas, TX | $106,516 | $2,129,759 |
Love Station Inc Ponca City, OK | $4,976,987 | $2,048,106 |
Sea Turtle Inc South Padre Island, TX | $11,651,431 | $4,419,765 |
The Walls Project Baton Rouge, LA | $407,630 | $1,770,639 |
Match Midtown Arts & Theater Center Houston Houston, TX | $20,886,964 | $758,825 |
Mayfest Inc Fort Worth, TX | $677,202 | $1,777,166 |