Accademia Dell Arte
- Assets
- $588.5k
- Revenue
- $456.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Little Rock, AR
- Founding
- 07/2002
- Data as of
- 12/2021
- EIN
- 75-2978558
Organization Overview
Accademia Dell Arte is located in Little Rock, AR. The organization was established in 2002. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 12/2021, Accademia Dell Arte employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Accademia Dell Arte 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, Accademia Dell Arte generated $456.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.6%) each year. All expenses for the organization totaled $495.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.4%) per year over the past 7 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
A STUDY ABROAD PROGRAM IN AREZZO, ITALY, OFFERING UNDERGRADUATE AND GRADUATE STUDIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL COURSES RELATED TO PERFORMING & VISUAL ARTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Mcgehee President | Officer | 40 | $26,570 |
Anuschka Jaenicke Executive Director | Officer | 40 | $25,650 |
Stacey Atchison Treasurer | OfficerTrustee | 0 | $0 |
Peter Gess Chairman | OfficerTrustee | 0 | $0 |
Dennis Cooper Director | Trustee | 0 | $0 |
Chip Murphy Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $79,260 |
| All other contributions, gifts, grants, and similar amounts not included above | $41,036 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,296 |
| Total Program Service Revenue | $335,581 |
| Investment income | $5 |
| 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 | $456,256 |
| 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. | $52,220 |
| Compensation of current officers, directors, key employees. | $41,592 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $170,934 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $59,457 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,546 |
| Advertising and promotion | $9,409 |
| Office expenses | $6,634 |
| Information technology | $8,459 |
| Royalties | $0 |
| Occupancy | $65,166 |
| Travel | $34,164 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,899 |
| Interest | $635 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,757 |
| Insurance | $8,152 |
| All other expenses | $16,145 |
| Total functional expenses | $495,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $292,157 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $274,850 |
| 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 | $21,508 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $588,515 |
| Accounts payable and accrued expenses | $18,088 |
| Grants payable | $0 |
| Deferred revenue | $554,705 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $247,433 |
| Secured mortgages and notes payable | $441,624 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,261,850 |
| Net assets without donor restrictions | -$673,335 |
| 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 | $588,515 |
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