Sweet Tree Arts
- Assets
- $390.4k
- Revenue
- $336.4k
- Investments
- $0.0
- Employees
- 15
- Location
- Hope, ME
- Founding
- 03/2017
- Data as of
- 08/2022
- EIN
- 81-4333795
Organization Overview
Sweet Tree Arts is located in Hope, ME. The organization was established in 2017. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 08/2022, Sweet Tree Arts employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sweet Tree Arts 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 08/2022, Sweet Tree Arts generated $336.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.9% each year . All expenses for the organization totaled $375.9k during the year ending 08/2022. While expenses have increased by 25.6% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE COMMUNITY ARTS PROGRAMMING AND ALTERNATIVE EDUCATIONAL OPPORTUNITIES THROUGH THE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SWEET TREE ARTS PROVIDES COMMUNITY ARTS PROGARMMING AND ALTERNATIVE EDUCATIONAL OPPORTUNITIES THROUGH THE ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cyndi Prince Director | Trustee | 1 | $0 |
Jay Pinchbeck Director | Trustee | 1.5 | $0 |
Lindsay Pinchbeck Executive Director | Trustee | 4 | $0 |
Michael Douglass Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $42,368 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,368 |
| Total Program Service Revenue | $286,644 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $959 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,594 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $336,405 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $19,521 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $27,554 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $205,206 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,061 |
| Fees for services: Management | $6,215 |
| Fees for services: Legal | $4,448 |
| Fees for services: Accounting | $842 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $846 |
| Office expenses | $1,713 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,532 |
| Travel | $1,312 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,110 |
| Interest | $11,325 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,632 |
| Insurance | $3,621 |
| All other expenses | $11,776 |
| Total functional expenses | $375,851 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,999 |
| Savings and temporary cash investments | $39,500 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $234 |
| Loans from Officers, Directors, or Controlling Persons | $870 |
| 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 | $313,805 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $390,408 |
| Accounts payable and accrued expenses | $4,554 |
| Grants payable | $0 |
| Deferred revenue | $118,606 |
| 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 | $249,156 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $372,316 |
| Net assets without donor restrictions | $18,092 |
| 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 | $390,408 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Sweet Tree Arts has recieved totaling $23,026.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $18,000 |
Redco Foundation Inc Portland, ME PURPOSE: GENERAL PURPOSE | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $26 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mount Prospect Academy Inc Plymouth, NH | $25,031,051 | $42,485,261 |
Berwick Academy Trustees South Berwick, ME | $57,917,930 | $28,954,341 |
Waynflete School Portland, ME | $64,743,291 | $23,025,527 |
Hebron Academy Incorporated Hebron, ME | $65,845,494 | $19,279,313 |
Portsmouth Christian Academy Dover, NH | $12,766,893 | $7,753,018 |
Southern Kennebec Child Development Corporation Farmingdale, ME | $2,781,085 | $5,060,719 |
Community Regional Charter School Skowhegan, ME | $5,610,166 | $5,039,649 |
Great Schools Partnership Inc Portland, ME | $2,885,040 | $4,696,809 |
Breakwater Learning Portland, ME | $5,120,298 | $3,833,883 |
Crossroads Academy Lyme, NH | $13,900,785 | $2,944,228 |
Maine Academy Of Natural Sciences Hinckley, ME | $1,958,998 | $3,873,648 |
Maine Arts Academy Sidney, ME | $822,323 | $3,238,498 |