Traditional Arts Today Inc is located in Ferdinand, 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Traditional Arts Today 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, Traditional Arts Today Inc generated $92.4k in total revenue. All expenses for the organization totaled $101.4k during the year ending 12/2022. While expenses have increased by 84.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO INCREASE APPRECIATION FOR TRADITIONAL ARTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Edward Kornegay President | 0 | $0 | |
Jake Memmer Treasurer | 0 | $0 | |
Patti Schroeder Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $74,777 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $155 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $17,485 |
Other Revenue | $0 |
Total Revenue | $92,417 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $83,196 |
Professional fees and other payments to independent contractors | $3,390 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $14,800 |
Total expenses | $101,386 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $19,813 |
Other assets | $0 |
Total assets | $19,813 |
Total liabilities | $3,125 |
Net assets or fund balances | $16,688 |