Overview

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Est.

2022

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

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2024
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2023
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2022
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AI Summary

Pearl Arts Inc is a performing arts nonprofit serving Northeast Indiana as an interactive community arts, education, entrepreneurial, and engagement destination. In filing year 2025, it reported an operating budget of $2M and total revenue of $2.6M, indicating a mid-sized organization with support from funders including SURACK FAMILY FOUNDATION INC, THE JUNE E ENOCH FOUNDATION, and THE ROBERT CARRIE AND BOBBIE STECK FAMILY.

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Mission Statement

Pearl Arts, Inc. exists to serve Northeast Indiana as an interactive community arts, education, entrepreneurial, and engagement destination.

Cause Areas

1
Performing arts
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Financials

2024
Revenues
$13.3M
Expenses
$875.7K
Net Income:
+$12.5M
Assets
$39.8M
Liabilities
$629.3K
Net Assets:
+$39.2M

Financial Trends

2024
Operating Budget
$826.8K
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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Top Funders

Funder
Total Funding
Funding Share
SURACK FAMILY FOUNDATION INC
Fort Wayne, IN, US
$18M
41%
THE JUNE E ENOCH FOUNDATION XXX-XX-XXXX
EVANSVILLE, IN, US
$4M
98%
THE ROBERT CARRIE AND BOBBIE STECK FAMILY
EVANSVILLE, IN, US
$1.1M
34%

Grants Received

2024
Total No. of Grants
22
Median grant size
$341.6K
Largest grant received
$1.9M

Board & Team

J
James W Palermo
Board Member
D
Doug Wood
Board Member
J
Jeff Sebeika
Board Member
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  • 9 funders
  • 7 board & team members
  • 3 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is Pearl Arts Inc’s budget?
In 2024, Pearl Arts Inc reported an annual operating budget of around $827 thousand. More detailed financial information is available to registered users.
What causes does Pearl Arts Inc support?
Pearl Arts Inc supports work in Performing arts.
Where does Pearl Arts Inc operate?
Pearl Arts Inc is headquartered in Fort Wayne, IN.
Who funded Pearl Arts Inc recently?
In 2025, Pearl Arts Inc received grants from SURACK FAMILY FOUNDATION INC, SURACK FAMILY FOUNDATION INC, and SURACK FAMILY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant Pearl Arts Inc received in 2024?
The largest grant to Pearl Arts Inc in 2024 exceeds $1.9 million.