Akrowa Arts Academy Inc
- Assets
- $0.0
- Revenue
- $79.8k
- Investments
- $0.0
- Employees
- 0
- Location
- East Hampton, NY
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 83-3541481
Organization Overview
Akrowa Arts Academy Inc is located in East Hampton, NY. The organization was established in 2019. 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. Akrowa Arts Academy 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, Akrowa Arts Academy Inc generated $79.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 50.9% each year . All expenses for the organization totaled $109.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
(A)TO DEVELOP A CULTURAL ACADEMY TO FOSTER THE CONTINUATION, RENEWAL, AND CREATION OF CULTURAL GROUPS IN GHANA. PROVIDE FREE INSTRUCTION IN TRADITIONAL DRUM AND DANCE TO LOCAL YOUNG PEOPLE HOUSE ETHNOMUSICOLOGICAL ARCHIVE, INSTRUMENT BUILDING FACILITIES, A RECORDING STUDIO AND A RADIO STATION TO BE USED FOR FREE BY LOCALS HOST ARTISTS-IN-RESIDENCE FROM ALL OVER GHANA AND THE CONTINIENT. (B)TO BE A COMMUNITY RESOURCE CENTER. DIG THE FIRST PUBLIC WELL IN THE VILLAGE OF ABREKUM ESTABLISH A SYSTEM OF PUBLIC COMPOST TOILETS. ESTABLISH A PUBLIC SUSTAINABLE WASTE MANAGEMENT SYSTEM
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Sacks President | 0 | $0 | |
Carrie Clark Treasurer | 0 | $0 | |
Sharone Einhorn Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $79,795 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $79,795 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,716 |
| Printing and publications | $0 |
| Other expenses | $32,000 |
| Total operating and administrative expenses | $46,716 |
| Contributions, gifts, grants paid | $63,000 |
| Total expenses and disbursements | $109,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |