Rhythm & Rhymes Art Center is located in Fruitland, ID. The organization was established in 2019. According to its NTEE Classification (A60) the organization is classified as: Performing 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. Rhythm & Rhymes Art Center 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 12/2023, Rhythm & Rhymes Art Center generated $133.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 57.9% each year . All expenses for the organization totaled $105.8k during the year ending 12/2023. While expenses have increased by 56.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
WE WERE ABLE TO PUT IN NEW GYM EQUIPMENT, BUILD A 3RD STUDIO AREA, FIX UP OUR EXTERIOR, BUY NEW SIGNS/BANNERS, AND FIX UP OUR WAITING AREA. WE WERE ALSO ABLE TO PROVIDE MULTIPLE SCHOLARSHIPS TO OUR CURRENT STUDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carrie Draper President | 10 | $0 | |
Tessa Payne Vice President | 1 | $0 | |
Amanda Trombley Treasurer | 1 | $0 | |
Cheryl Clark Board Member | 1 | $0 | |
Anita Tucker Board Member | 1 | $0 | |
Jackie Frazier Director | 32 | $23,446 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $975 |
Total Program Service Revenue | $107,541 |
Membership dues | $3,703 |
Investment income | $2,704 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $6,755 |
Other Revenue | $6,067 |
Total Revenue | $133,777 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $6,593 |
Salaries, other compensation, and employee benefits | $23,346 |
Professional fees and other payments to independent contractors | $33,973 |
Occupancy, rent, utilities, and maintenance | $9,306 |
Printing, publications, postage, and shipping | $2,518 |
Other expenses | $15,240 |
Total expenses | $105,802 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $41,372 |
Other assets | $0 |
Total assets | $41,372 |
Total liabilities | $0 |
Net assets or fund balances | $41,372 |