Honeywell Arts Academy Inc
- Assets
- $0.0
- Revenue
- $402.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Wabash, IN
- Founding
- Data as of
- 09/2022
- EIN
- 87-1572016
Organization Overview
Honeywell Arts Academy Inc is located in Wabash, IN. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Honeywell Arts Academy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE HONEYWELL ARTS ACADEMY VISION IS TO ENRICH THE OPPORTUNITY FOR MUSICAL ARTISTIC AMBASSADORS TO ADVANCE HUMAN CONNECTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HONEYWELL ARTS ACADEMY IS A UNIQUE, TUITION-FREE SUMMER INSTITUTE. FUELED BY THE MISSION TO FOSTER AN INCLUSIVE AND SUPPORTIVE ENVIRONMENT WHERE ARTISTIC IDEAS ARE FREE-FLOWING FROM TEACHER TO STUDENT AND VICE VERSA. THE ACADEMY HAS A PHILOSOPHY WE REFER TO AS, THE SHARING OF KNOWLEDGE. DURING AN INTENSIVE PERIOD OF ARTISTIC DEVELOPMENT, PARTICIPANTS REACH BEYOND THEIR CRAFT TO LEARN ABOUT WHAT IT TAKES TO THRIVE ENTREPRENEURIALLY AS WELL AS THE INVALUABLE EFFECT OF SPREADING JOY TO OTHERS AND POSITIVELY IMPACTING THE HUMAN SPIRIT. ALL ACTIVITIES ARE LED BY THE ACADEMY'S FACULTY MENTORS AND ARE AN IMMERSIVE EXPERIENCE. SCHOLARS PARTICIPATE IN SESSIONS WHICH INCLUDE PRIVATE INSTRUCTION FROM FACULTY MENTORS, MASTERCLASS-STYLE PRESENTATIONS, AND COLLABORATIVE SESSIONS WHERE MUSICIANS CAN TRY OUT NEW IDEAS AND INFLUENCES WITH OTHER PROGRESSIVE MUSICIANS, CULMINATING IN A FINAL PERFORMANCE THAT IS OPEN TO THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tod Minnich President | OfficerTrustee | 6 | $0 |
Dave Haist Chair | OfficerTrustee | 5 | $0 |
Marsh Davis Start 2162023 Director | Trustee | 2 | $0 |
Steve Ford Director | Trustee | 2 | $0 |
Carole Haas Gravagno Director | Trustee | 2 | $0 |
Parker Beauchamp Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $393,060 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $393,060 |
| Total Program Service Revenue | $9,400 |
| 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 | $402,460 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,616 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,603 |
| Fees for services: Management | $140,000 |
| Fees for services: Legal | $287 |
| Fees for services: Accounting | $1,709 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $184,730 |
| Advertising and promotion | $9,834 |
| Office expenses | $802 |
| Information technology | $219 |
| Royalties | $0 |
| Occupancy | $47,376 |
| Travel | $4,535 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,994 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $6,922 |
| Total functional expenses | $433,627 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $0 |