Norwalk Arts Center Llc
- Assets
- $674.1k
- Revenue
- $358.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Norwalk, OH
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 83-0867082
Organization Overview
Norwalk Arts Center Llc is located in Norwalk, OH. The organization was established in 2019. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norwalk Arts Center Llc 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, Norwalk Arts Center Llc generated $358.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $95.0k during the year ending 12/2022. 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
IT IS THE MISSION OF NORWALK ARTS CENTER TO CELEBRATE AND INCREASE ADVOCACY FOR THE ARTS IN NORTH CENTRAL OHIO BY PROVIDING EDUCATION, EXPERIENCES AND ENVIRONMENTS FOR ARTISTIC GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTORING THE HISTORIC NORWALK THEATRE TO HELP REVITALIZE THE DOWNTOWN AREA WITH ECONOMIC GROWTH, CULTURAL DIVERSITY, IMPROVEMENT OF QUALITY OF LIFE AND ENTERTAINMENT FOR THE COMMUNITY WHILE PRESERVING THE INTEGRITY OF THE NORWALK THEATRE RECENTLY PLACED ON THE NATIONAL REGISTER OF HISTORIC PLACES.
PROVIDE VARIOUS FACETS OF ART EDUCATION TO YOUTH AND ADULTS THROUGHOUT NORTH CENTRAL OHIO INCLUDING THEATRE CAMP, WORKSHOPS AND SEMINARS AS WELL AS PRESENT LIVE STAGE PRODUCTIONS WITH ADULT, TEEN AND CHILD CAST MEMBERS, CREW, STAFF AND MUSICIANS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Barcus Ex Officio M | Trustee | 5 | $0 |
Lisa Bleile Chairperson | Trustee | 10 | $0 |
Mary Lisa Boose Chairperson | Trustee | 30 | $0 |
Jeff Cook Vice Preside | OfficerTrustee | 10 | $0 |
Vanessa Cook Secretary | OfficerTrustee | 30 | $0 |
Farrah Hales Chairperson | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $87,765 |
| Related organizations | $0 |
| Government grants | $43,009 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,050 |
| Noncash contributions included in lines 1a–1f | $18,398 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $142,824 |
| Total Program Service Revenue | $32,512 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,300 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $179,738 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,103 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $358,477 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $150 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,317 |
| Office expenses | $5,415 |
| Information technology | $1,735 |
| Royalties | $0 |
| Occupancy | $2,016 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,919 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,156 |
| Insurance | $6,240 |
| All other expenses | $18,640 |
| Total functional expenses | $95,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $139,812 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,451 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $491,230 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,630 |
| Total assets | $674,123 |
| Accounts payable and accrued expenses | $0 |
| 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 | $13 |
| Total liabilities | $13 |
| 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 | $674,110 |
| Total liabilities and net assets/fund balances | $674,123 |