Portland 5 Centers For The Arts Foundation
- Assets
- $125.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Portland, OR
- Founding
- 12/1993
- Data as of
- 06/2022
- EIN
- 93-1122563
Organization Overview
Portland 5 Centers For The Arts Foundation is located in Portland, OR. The organization was established in 1993. 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. Portland 5 Centers For The Arts Foundation 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 06/2022, Portland 5 Centers For The Arts Foundation generated $163.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.8% each year . All expenses for the organization totaled $89.9k during the year ending 06/2022. 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
DURING THE YEAR ENDED JUNE 30, 2022, PORTLAND'5 CENTERS FOR THE ARTS FOUNDATION ("P'5 FOUNDATION") CONTINUED TO ORGANIZE EVENTS AND PROGRAMS TO SUPPORT ARTS EDUCATION AND COMMUNITY ENGAGEMENT. EVENTS INCLUDED 3 VIRTUAL SHOWS, REACHING APPROXIMATELY 15,000 STUDENTS ACROSS MULTNOMAH, CLACKAMAS, AND WASHINGTON COUNTIES, PERFORMED PREDOMINANTLY FOR TITLE I SCHOOLS IN THE PORTLAND METRO AREA THROUGHOUT THE SCHOLASTIC YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Kmetz President & Director | 1 | $0 | |
Daniel Platt Treasurer & Director | 1 | $0 | |
Chris Sittner Secretary & Director | 1 | $0 | |
Bryann Turner Director | 1 | $0 | |
Cinzia Corio-Holman Director | 1 | $0 | |
Gary Maffei Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,942 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $163,942 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $81,913 |
| Professional fees and other payments to independent contractors | $1,736 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,292 |
| Total expenses | $89,941 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,047 |
| Other assets | $0 |
| Total assets | $125,047 |
| Total liabilities | $213 |
| Net assets or fund balances | $124,834 |