Artful Visual Arts Initiative Inc
- Assets
- $15.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ridgefield, CT
- Founding
- Data as of
- 12/2022
- EIN
- 85-1768899
Organization Overview
Artful Visual Arts Initiative Inc is located in Ridgefield, CT. Artful Visual Arts Initiative 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 12/2022, Artful Visual Arts Initiative Inc generated $32.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (37.8%) each year. All expenses for the organization totaled $36.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (41.4%) per year over the past 2 years. 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
2022
Describe the Organization's Program Activity:
Part 3
ARTFUL IS A COMMUNITY-BASED INITIATIVE THAT SUPPORTS OPPORTUNITES FOR WORKING AND ASPIRING ARTISTS AND IS COMMITTED TO PROVIDING SUBSIDIES FOR ENRICHING ART EDUCATION TO OUR COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Scaglia Member | 2 | $0 | |
Caren Strauss Member | 2 | $0 | |
Karen Kraus Member | 2 | $0 | |
Dianna Colabella President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,476 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,478 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $953 |
| Total expenses | $36,003 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,954 |
| Other assets | $0 |
| Total assets | $15,212 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,212 |