Overview

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Est.

1957

Fiscal Year Start

Aug 1

Organization Type

Grantseeker

AI Summary

The Fine Arts Association, operating with a budget of $3.1 million and generating $2.8 million in revenue, is dedicated to fostering a community empowered by the arts through its mission of creating and discovering beauty. This nonprofit organization focuses on arts education, culture, and emotional expression, providing transformative experiences for students and community members alike. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its programs and initiatives. For more information, visit www.fineartsassociation.org.

Mission Statement

OUR MISSION: CREATE AND DISCOVER BEAUTY TO FOSTER A COMMUNITY EMPOWERED BY THE ARTS. THIS REFLECTS OUR HIGHEST ASPIRATIONS FOR OUR ORGANIZATION AS WE STRIVE FOR ARTISTIC EXCELLENCE AND REPRESENTS THE PEDAGOGICAL PRINCIPAL IN ALL OUR EDUCATIONAL PROGRAMS AND PERFORMANCES. WE USE THIS STATEMENT PROVOCATIVELY UNDERSTANDING THAT THE WORD BEAUTY IS A SUBJECTIVE CONCEPT. YET WE SEE BEAUTY IN MUCH MORE THAN THE ART ITSELF. WE SEE BEAUTY IN THE PROCESS OF CREATION AND DISCOVERY. WE SEE BEAUTY WHEN A CHILD LEARNS HOW TO MAKE THEIR FIRST SOUND ON A FLUTE OR PAINTS THEIR FIRST PICTURE. WE SEE BEAUTY WHEN A PREVIOUSLY SHY STUDENT CAN DELIVER THEIR FIRST LINES ON STAGE. WE SEE BEAUTY WHEN A CHILD STRUGGLING WITH EMOTIONAL OR COMMUNICATION CHALLENGES CAN POSITIVELY EXPRESS THEMSELVES AND WHAT THEY FEEL THROUGH MUSIC OR ART THERAPY. WE SEE BEAUTY IN THE INSPIRATION OUR STUDENTS, TEACHERS, PERFORMERS, AND CLIENTS PROVIDE AND THE ASPIRATIONS THEY HOLD ONTO FIRMLY. WE SEE BEAUTY IN EVERYONE AND THE POTE
Revenues
$2.8M
Expenses
$3.1M
Net Income:
-$305.9K
Assets
$6.1M
Liabilities
$840.9K
Net Assets:
+$5.3M
Operating Budget
$3.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
7
Median grant size
$15K
Largest grant received
$118K
P
Paul Holm
Board Member
J
Jack Kapalka
Board Member
A
Ali Phelps
Board Member

Frequently Asked Questions

What is THE FINE ARTS ASSOCIATION’s budget?
In 2024, THE FINE ARTS ASSOCIATION reported an annual operating budget of around $3.1 million. More detailed financial information is available to registered users.
What causes does THE FINE ARTS ASSOCIATION support?
THE FINE ARTS ASSOCIATION supports work in Education, Arts education, and Arts and culture.
Where does THE FINE ARTS ASSOCIATION operate?
THE FINE ARTS ASSOCIATION is headquartered in Willoughby, OH.
Who funded THE FINE ARTS ASSOCIATION recently?
In 2024, THE FINE ARTS ASSOCIATION received grants from THE CLEVELAND FOUNDATION, JEROME T OSBORNE AND GEORGEANNE S OSBORNE CHARITABLE TRUST, and DONOR ADVISED CHARITABLE GIVING INC. More information on this organization’s funders is available to registered users.
What is the largest grant THE FINE ARTS ASSOCIATION received in 2024?
The largest grant to THE FINE ARTS ASSOCIATION in 2024 exceeds $118 thousand.
What is THE FINE ARTS ASSOCIATION’s reliance on government grants?
THE FINE ARTS ASSOCIATION relied on government grants for more than 15% of their total revenue in 2024.