THE CENTER FOR ARTS EDUCATION INCClosed
Closed
Income Statement
Fiscal Year Start:
Jul 1
Closed
This organization closed in 2022. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.
Revenues in 2022
$314,908
Government Grants
67%
Program Services
26%
Contributions
7%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2022
$179,596
Salaries & Benefits
54%
Fees to Service Providers
25%
Grants
10%
Other
9%
Offices, Occupancy & IT
2%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2021
2022
Change
Contributions
$386,349
$21,274
-94%
Government Grants
$433,132
$211,717
-51%
Fundraising Events
$0
$0
-
Program Services
$36,051
$81,250
+125%
Membership Dues
$0
$0
-
Investments
$16,652
$667
-96%
Other
$20,313
$0
-100%
Total Revenues
$892,497
$314,908
-65%
Expenses
2021
2022
Change
Grants
$58,945
$18,000
-69%
Benefits to Members
$0
$0
-
Salaries & Benefits
$423,416
$96,180
-77%
Fees to Service Providers
$141,059
$45,768
-68%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$21,310
$3,398
-84%
Interest
$0
$701
-
Depreciation
$733
$0
-100%
Other
$60,278
$15,549
-74%
Total Expenses
$705,741
$179,596
-75%
Net income
2021
2022
Change
Net income
+$186,756
+$135,312
-28%
Functional Expenses
Summary
2021
2022
Change
Program
$503,268
$150,563
-70%
Admin
$100,727
$25,210
-75%
Fundraising
$101,746
$3,823
-96%
Total Expenses
$705,741
$179,596
-75%
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