Inspire Heart Inc
- Assets
- $44.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Farmington, NM
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 83-4511972
Organization Overview
Inspire Heart Inc is located in Farmington, NM. The organization was established in 2019. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Inspire Heart Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lola Parks President | 1 | $0 | |
Lavon Adams Treasurer | 40 | $0 | |
Davena Benton Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,180 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $118,180 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,109 |
| Professional fees and other payments to independent contractors | $2,781 |
| Occupancy, rent, utilities, and maintenance | $24,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,968 |
| Total expenses | $84,858 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,815 |
| Other assets | $0 |
| Total assets | $44,815 |
| Total liabilities | $5,390 |
| Net assets or fund balances | $39,425 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Inspire Heart Inc has recieved totaling $60,033.
| Awarding Organization | Amount |
|---|---|
Westmeath Foundation Wilmington, DE PURPOSE: SALARY FOR COUNSELOR | $25,000 |
Westmeath Foundation Wilmington, DE PURPOSE: LION'S HEART PROGRAM | $20,000 |
Westmeath Foundation Wilmington, DE PURPOSE: ART OUTREACH PROGRAM | $10,000 |
Westmeath Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $33 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Phoenix Painting Industry Trust Fund Phoenix, AZ | $8,745,449 | $4,690,569 |
Dallas Contemporary Dallas, TX | $3,580,432 | $1,729,811 |
Redline Denver, CO | $19,188,382 | $2,483,556 |
National Council On Education For The Ceramic Arts Boulder, CO | $3,277,590 | $1,203,112 |
Cherry Creek Arts Festival Denver, CO | $2,617,133 | $1,539,850 |
Glass Control Inc Emp Ben Tr Lubbock, TX | $187,823 | $1,183,121 |
Ballroom Cultural Arts Foundation Marfa, TX | $1,422,501 | $1,165,140 |
Gil And Dody Weaver Foundation Dallas, TX | $0 | $964,218 |
Foothills Art Center Inc Golden, CO | $2,162,133 | $1,395,944 |
Fotofest Inc Houston, TX | $1,959,929 | $2,155,129 |
Dallas Spark Dallas, TX | $494,166 | $779,653 |
Valere B Potter Trust Uw Dallas, TX | $5,062,926 | $695,206 |