Foundry Center For The Arts Inc
- Assets
- $181.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 27
- Location
- Newburgh, IN
- Founding
- 08/2017
- Data as of
- 12/2021
- 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 12/2021, 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 12/2021, Foundry Center For The Arts Inc generated $121.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $205.9k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED16-WEEKAFTERSCHOOLARTSCLASSESFORCHILDREN1STTHROUGH5THGRADESINTHEFOLLOWINGAREAS:ACTINGFORFILMANDSTAGE,PAINTING&DRAWING,COMIC&CARTOONDRAWING,DIGITALART,BUSTAMOVEDANCEANDMUSICALTHEATER.PROVIDED12-WEEKHOMESCHOOL&VIRTUALLEARNINGCLASSESFOR1STTHROUGH10THGRADERSINTHEFOLLOWINGAREAS:ACTING,SCIENCELAB,ART,CREATIVEWRITINGANDPUBLICSPEAKING,LIFESKILLS,BOOKCLUBANDWORSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Brown CEO | 40 | $54,720 | |
Jennifer Schneider Board Chairman | 0 | $0 | |
Lara Goldey Secretary | 0 | $0 | |
Martin Hadley Board Member | 0 | $0 | |
Ross Hanson Board Member | 0 | $0 | |
Donna Nelson Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,721 |
| Total Program Service Revenue | $76,964 |
| Membership dues | $0 |
| Investment income | $100 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $121,785 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $170,225 |
| Professional fees and other payments to independent contractors | $5,631 |
| Occupancy, rent, utilities, and maintenance | $16,568 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,473 |
| Total expenses | $205,897 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $173,512 |
| Other assets | $0 |
| Total assets | $181,825 |
| Total liabilities | $0 |
| Net assets or fund balances | $181,825 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Foundry Center For The Arts Inc has recieved totaling $19,925.
| Awarding Organization | Amount |
|---|---|
Owensboro Health Regional Hospital Owensboro, KY PURPOSE: COMMUNITY SUPPORT | $12,550 |
Welborn Baptist Foundation Inc Evansville, IN PURPOSE: NONPROFIT EXCELLENCE | $4,000 |
Welborn Baptist Foundation Inc Evansville, IN PURPOSE: NONPROFIT EXCELLENCE | $3,355 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John Michael Kohler Arts Center Inc Sheboygan, WI | $91,886,755 | $7,533,321 |
Puerto Rican Cultural Center Chicago, IL | $9,175,566 | $9,769,703 |
United States Artists Inc Chicago, IL | $40,639,117 | $6,830,121 |
Center Of Creative Arts Saint Louis, MO | $22,497,336 | $9,712,696 |
Bertha D Garten Ketcham Memorial Center Inc Odon, IN | $9,035,091 | $6,675,118 |
Kohler Trust For The Arts And Education Kohler, WI | $9,068,772 | $5,585,156 |
Kranzberg Arts Foundation St Louis, MO | $18,112,007 | $6,602,930 |
The Center For The Performing Arts Inc Carmel, IN | $11,269,434 | $4,631,898 |
American College Of Occupational And Environmental Medicine Elk Grove Village, IL | $5,115,240 | $3,683,433 |
Winnetka Community House Winnetka, IL | $15,269,238 | $4,423,430 |
Association Of American Voices Saint Louis, MO | $696,688 | $3,487,679 |
Milwaukee County War Memorial Inc Milwaukee, WI | $14,315,972 | $2,406,675 |