3 Dots Downtown
- Assets
- $95.6k
- Revenue
- $296.5k
- Investments
- $0.0
- Employees
- 16
- Location
- State College, PA
- Founding
- 07/2019
- Data as of
- 12/2022
- EIN
- 83-4518375
Organization Overview
3 Dots Downtown is located in State College, PA. The organization was established in 2019. According to its NTEE Classification (A90) the organization is classified as: Arts Services, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, 3 Dots Downtown employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 3 Dots Downtown 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, 3 Dots Downtown generated $296.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 52.3% each year . All expenses for the organization totaled $214.6k during the year ending 12/2022. While expenses have increased by 43.9% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE A MORE VIBRANT COMMUNITY BY PROMOTING LOCAL ARTS, CULTIVATING INNOVATIVE EXPERIENCES AND OFFERING AN INCLUSIVE, WELCOMING COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE HOLD A FREE WEEKLY COMMUNITY BLOCK PARTY SERIES CALLED TUESDAYS ON THE TERRACE. AND EXPANDED OUR PROGRAMS TO INCLUDE LOCAL ARTS AND CULTURE.
WE HOLD A FREE WEEKLY COMMUNITY BLOCK PARTY SERIES CALLED TUESDAYS ON THE TERRACE. AND EXPANDED OUR PROGRAMS TO INCLUDE LOCAL ARTS AND CULTURE.
EACH MONTH THE ORGANIZATION AWARDS GRANT TO COMMUNITY MEMBERS TO PURSUE A CREATIVE VENTURE. THE ORGANIZATION FUNDED 12 INDIVIDUALS TO RUN PROJECTS IN 2022. THESE PROJECTS INCLUDED A MIX OF JUSTICE AND EQUITY INITIATIVES, ARTISTIC EFFORTS AND CREATIVE COMMUNITY INFRASTRUCTURE.
EACH MONTH THE ORGANIZATION AWARDS GRANT TO COMMUNITY MEMBERS TO PURSUE A CREATIVE VENTURE. THE ORGANIZATION FUNDED 12 INDIVIDUALS TO RUN PROJECTS IN 2022. THESE PROJECTS INCLUDED A MIX OF JUSTICE AND EQUITY INITIATIVES, ARTISTIC EFFORTS AND CREATIVE COMMUNITY INFRASTRUCTURE.
THE GOAL OF THE GALLERY IS TO EXPOSE THE COMMUNITY TO ART AND ARTISTS THAT MIGHT NOT OTHERWISE CONNECT WITH BY ATTACHING OUR GALLERY ALONGSIDE OUR PRIMARY EVENT SPACE.
THE GOAL OF THE GALLERY IS TO EXPOSE THE COMMUNITY TO ART AND ARTISTS THAT MIGHT NOT OTHERWISE CONNECT WITH BY ATTACHING OUR GALLERY ALONGSIDE OUR PRIMARY EVENT SPACE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erica Quinn Executive Director | 40 | $65,000 | |
Justin Dorsey Asst Executive Director | 40 | $34,000 | |
Jeffery Erickson Treasurer | Trustee | 3 | $0 |
Jasone Browne President | OfficerTrustee | 4 | $0 |
Lauren Steinberg Trustee | Trustee | 2 | $0 |
Robyn Krause-Hale Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $87,612 |
| All other contributions, gifts, grants, and similar amounts not included above | $149,332 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $236,944 |
| Total Program Service Revenue | $59,552 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $296,496 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $12,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $99,000 |
| Compensation of current officers, directors, key employees. | $99,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,131 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,185 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,892 |
| Office expenses | $3,390 |
| Information technology | $6,398 |
| Royalties | $0 |
| Occupancy | $10,686 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,714 |
| All other expenses | $5,640 |
| Total functional expenses | $214,644 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,272 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $288 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $95,560 |
| Accounts payable and accrued expenses | -$239 |
| 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 | $6,003 |
| Total liabilities | $5,764 |
| 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 | $89,796 |
| Total liabilities and net assets/fund balances | $95,560 |