Artists Reenvisioning Tomorrow
- Assets
- $622.2k
- Revenue
- $384.1k
- Investments
- $0.0
- Employees
- 20
- Location
- Peoria, IL
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 82-4003451
Organization Overview
Artists Reenvisioning Tomorrow, operating under the name Art Inc, is located in Peoria, IL. The organization was established in 2018. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Art Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Art 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, Art Inc generated $384.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 36.1% each year . All expenses for the organization totaled $508.4k during the year ending 12/2021. 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
TO INSPIRE AND EMPOWER THE COMMUNITY THROUGH ARTS, EDUCATION, AND CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE SCHOOLS - TRANSITIONED ONLINE BY OFFERING WEEKLY ONLINE DANCE, STEAM, THEATER, AND YOGA CLASSES. THEY WERE ABLE TO HIRE BACK 7 OF TEACHING ARTISTS DURING THE MONTH OF MAY. THIS PROGRAM IS STILL IN PROGRESS AND HAS HIRED APPROXIMATELY 25 TEACHING ARTISTS.
AFTER-SCHOOL ARTS & LEADERSHIP ACADEMY - 1ST-8TH GRADE STUDENTS FOCUS ON VARIATIONS OF THEATER, MUSIC, VISUAL ARTS (INCLUDING CERAMICS), WOODWORKING, AND DANCE CLASSES. MOST OF THE AFOREMENTIONED CLASSES ARE INFUSED WITH ELEMENTS OF STEM, CREATING A STEAM BASED CURRICULUM. IT ALSO INCORPORATES YOUTH LEADERSHIP TUTORS-COLLEGE AND HIGH SCHOOL STUDENTS TRAINED TO BE TUTORS AND MENTORS FOR THE YOUNGER PARTICIPANTS.
SUMMER ARTS CAMP - A VIRTUAL CAMP FOR THE ENTIRE MONTH OF JUNE. THEY DELIVERED SUPPLY KITS TO THE STUDENTS TO COINCIDE WITH THE STEAM ACTIVITIES, ENSURING EVERY STUDENT'S ABILITY TO PARTICIPATE AND CREATE AS THEY FOLLOWED ALONG TO THE VIDEO THE TEACHING ARTIST CREATED. THEY ALSO CREATED OVER 1,000 ARTS EDUCATION KITS WITH INSTRUCTIONS FOR INDEPENDENT LEARNING.
VARIOUS OTHER PROGRAMS INCLUDING EMPOWER OUR GIRLS, KIDTASTIC KITS, AND PAINT WITH JONATHON AMONG OTHERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marsha Romain Executive Director | Officer | 40 | $37,846 |
Les Willis President | OfficerTrustee | 0.5 | $0 |
Taunya Jenkins Vice President | OfficerTrustee | 0.5 | $0 |
Deborah Roethler Secretary | OfficerTrustee | 0.5 | $0 |
Angela Bolden Treasurer | OfficerTrustee | 0.75 | $0 |
Andrew Rubenstein Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $24,305 |
| Related organizations | $0 |
| Government grants | $7,237 |
| All other contributions, gifts, grants, and similar amounts not included above | $181,231 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $212,773 |
| Total Program Service Revenue | $103,401 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,300 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$4,181 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,065 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $384,137 |
| 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. | $37,846 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $136,333 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,336 |
| Payroll taxes | $16,849 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15 |
| Fees for services: Accounting | $12,433 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,211 |
| Advertising and promotion | $13,644 |
| Office expenses | $24,609 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $68,320 |
| Travel | $5,754 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,266 |
| Insurance | $8,100 |
| All other expenses | $0 |
| Total functional expenses | $508,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,111 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $108,496 |
| 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 | $396,632 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $622,239 |
| Accounts payable and accrued expenses | $19,837 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $305,989 |
| Total liabilities | $325,826 |
| Net assets without donor restrictions | $0 |
| 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 | $296,413 |
| Total liabilities and net assets/fund balances | $622,239 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Artists Reenvisioning Tomorrow has recieved totaling $31,617.
| Awarding Organization | Amount |
|---|---|
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $15,000 |
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: GENERAL | $10,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $6,617 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Music Institute Of Chicago Evanston, IL | $11,276,124 | $7,011,364 |
Chicago Academy For The Arts Chicago, IL | $3,169,468 | $6,255,209 |
Frazier Academy Design Team Inc Chicago, IL | $0 | $3,133,368 |
Indianapolis Art Center Inc Indianapolis, IN | $17,635,206 | $3,948,601 |
Ingenuity Incorporated Chicago Chicago, IL | $7,892,105 | $6,208,550 |
Marwen Foundation Chicago, IL | $21,640,226 | $2,262,448 |
Urban Gateways Chicago, IL | $1,900,361 | $2,567,092 |
Indiana State School Music Association Inc Indianapolis, IN | $1,923,240 | $2,914,497 |
Wisconsin Foundaton For Educational Administration Inc Madison, WI | $1,928,269 | $1,830,497 |
Evanston Art Center And Market Evanston, IL | $5,253,080 | $1,872,951 |
Arts Of Life Chicago, IL | $862,987 | $1,651,270 |
Appalachian Artisan Center Of Kentucky Inc Hindman, KY | $4,477,331 | $761,854 |