Foundry Center For The Arts Inc
- Assets
- $129.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 27
- Location
- Newburgh, IN
- Founding
- 08/2017
- Data as of
- 12/2022
- EIN
- 82-1197950
Organization Overview
Foundry Center For The Arts Inc is located in Newburgh, IN. The organization was established in 2017. 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 12/2022, Foundry Center For The Arts Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundry Center For The 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 12/2022, Foundry Center For The Arts Inc generated $128.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $180.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE 32 WEEKS OF AFTER SCHOOL ARTS CLASSES FOR YOUTH AGED 7-13 IN PERFORMANCE AND VISUAL ARTS INCLUDING ACTING FOR FILM AND STAGE PAINTING & DRAWING COMIC & CARTOON DRAWING DIGITAL ART BUST A MOVE DANCE AND MUSICAL THEATER. PROVIDED 24-WEEKS OF HOMESCHOOL & VIRTUAL LEARNING CLASSES FOR 1ST THROUGH 10TH GRADERS IN THE FOLLOWING AREAS: ACTING SCIENCE LAB ART CREATIVE WRITING AND PUBLIC SPEAKING LIFE SKILLS BOOK CLUB AND WORSHIP. PROVIDE WEEKLY SUMMER PROGRAMMING MUSICAL THEATRE PRODUCTIONS AND ALL-AGED COMMUNITY BASED EVENTS CENTERED AROUND PAINTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Schneider Board Chairman | 0 | $0 | |
Lara Goldey Secretary | 0 | $0 | |
Donna Nelson Treasurer | 0 | $0 | |
Christina Mizerak Board Member | 0 | $0 | |
Allison Brown CEO | 40 | $62,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,863 |
| Total Program Service Revenue | $89,463 |
| Membership dues | $0 |
| Investment income | $59 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $128,385 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $156,616 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $8,843 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,069 |
| Total expenses | $180,528 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,369 |
| Other assets | $0 |
| Total assets | $129,682 |
| Total liabilities | $0 |
| Net assets or fund balances | $129,682 |