Lions & Rabbits Center For The Arts is located in Wyoming, MI. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Lions & Rabbits Center For The Arts employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lions & Rabbits Center For The Arts 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, Lions & Rabbits Center For The Arts generated $477.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 35.0% each year . All expenses for the organization totaled $515.5k during the year ending 12/2022. 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
CREATE PROSPEROUS OPPORTUNITIES FOR ARTISTS TO ACHIEVE AND SUSTAIN A FULFILING FREELANCER CAREER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING FREELANCE ARTISTS WITH ART CONSULTING AND SERVICES INCLUDING INSTALLATION OF PROJECTS AND PROJECT MANAGEMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Dura Secretary | OfficerTrustee | 1 | $0 |
Megan Murray Fundraising Chair | Trustee | 1 | $0 |
Kirel Shaw Director | Trustee | 1 | $0 |
Elizabeth Klopp Director | Trustee | 1 | $0 |
Jimmy Karrip Director | Trustee | 1 | $0 |
Lindsay Spitler Treasurer | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $10,221 |
Related organizations | $0 |
Government grants | $13,750 |
All other contributions, gifts, grants, and similar amounts not included above | $277,979 |
Noncash contributions included in lines 1a–1f | $24,375 |
Total Revenue from Contributions, Gifts, Grants & Similar | $301,950 |
Total Program Service Revenue | $174,121 |
Investment income | $20 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$4,179 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $5,183 |
Miscellaneous Revenue | $0 |
Total Revenue | $477,095 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $36,500 |
Compensation of current officers, directors, key employees. | $22,707 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $77,092 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $9,859 |
Fees for services: Management | $0 |
Fees for services: Legal | $15,603 |
Fees for services: Accounting | $16,390 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $186,141 |
Advertising and promotion | $3,083 |
Office expenses | $2,691 |
Information technology | $4,968 |
Royalties | $0 |
Occupancy | $25,359 |
Travel | $3,910 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,183 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $7,340 |
All other expenses | $9,050 |
Total functional expenses | $515,468 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $52,453 |
Savings and temporary cash investments | $6,103 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $25,203 |
Loans from Officers, Directors, or Controlling Persons | $10,120 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $15,302 |
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 | $109,181 |
Accounts payable and accrued expenses | $12,310 |
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 | $0 |
Total liabilities | $12,310 |
Net assets without donor restrictions | -$32,276 |
Net assets with donor restrictions | $129,147 |
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 | $0 |
Total liabilities and net assets/fund balances | $109,181 |