Civic Intelligence

Progressive Arts Alliance Incorporated

990 • Fiscal year 2022 • EIN 01-0573988

Sep 01, 2021 to Aug 31, 2022 • Filed on Jun 26, 2022

3311 Perkins Avenue Suite 300Cleveland, OH 44114

(216) 772-4722

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.07x

Higher debt load relative to assets than 64% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

55th percentile

0.03x

Higher debt load relative to revenue than 55% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

58th percentile

11%

Higher net margin than 58% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

83rd percentile

39%

Faster asset growth than 83% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

66th percentile

25%

Faster revenue growth than 66% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$434,363

Up $121,928 (+39%) from 2021

Net Assets

Up

$401,910

Up $104,551 (+35%) from 2021

Liabilities

Up

$32,453

Up $17,377 (+115%) from 2021

Revenue

Up

$945,601

Up $187,258 (+25%) from 2021

Expenses

Up

$841,050

Up $221,577 (+36%) from 2021

Net Income

Down

$104,551

Down $34,319 (-25%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $116,891Liabilities 2010: $22,724Net Assets 2010: $94,1672010Assets 2011: $148,368Liabilities 2011: $326Net Assets 2011: $148,0422011Assets 2012: $198,914Liabilities 2012: $850Net Assets 2012: $198,0642012Assets 2013: $180,555Liabilities 2013: $525Net Assets 2013: $180,0302013Assets 2014: $545,721Liabilities 2014: $8,527Net Assets 2014: $537,1942014Assets 2015: $451,362Liabilities 2015: $6,172Net Assets 2015: $445,1902015Assets 2016: $676,203Liabilities 2016: $10,902Net Assets 2016: $665,3012016Assets 2017: $387,026Liabilities 2017: $11,220Net Assets 2017: $375,8062017Assets 2018: $168,533Liabilities 2018: $6,350Net Assets 2018: $162,1832018Assets 2019: $274,930Liabilities 2019: $10,886Net Assets 2019: $264,0442019Assets 2020: $269,899Liabilities 2020: $111,410Net Assets 2020: $158,4892020Assets 2021: $312,435Liabilities 2021: $15,076Net Assets 2021: $297,3592021Assets 2022: $434,363Liabilities 2022: $32,453Net Assets 2022: $401,9102022Assets 2023: $374,058Liabilities 2023: $24,260Net Assets 2023: $349,7982023Assets 2024: $360,149Liabilities 2024: $17,438Net Assets 2024: $342,7112024

Highlighted filing

2022

Assets$434,363
Liabilities$32,453
Net Assets$401,910

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $355,1002010Expenses 2011: $373,5802011Expenses 2012: $366,8942012Revenue 2013: $409,751Expenses 2013: $427,785Net Income 2013: -$18,0342013Revenue 2014: $897,514Expenses 2014: $540,350Net Income 2014: $357,1642014Revenue 2015: $333,072Expenses 2015: $440,076Net Income 2015: -$107,0042015Revenue 2016: $897,858Expenses 2016: $677,747Net Income 2016: $220,1112016Revenue 2017: $452,831Expenses 2017: $742,326Net Income 2017: -$289,4952017Revenue 2018: $479,702Expenses 2018: $693,325Net Income 2018: -$213,6232018Revenue 2019: $721,609Expenses 2019: $619,748Net Income 2019: $101,8612019Revenue 2020: $542,191Expenses 2020: $647,746Net Income 2020: -$105,5552020Revenue 2021: $758,343Expenses 2021: $619,473Net Income 2021: $138,8702021Revenue 2022: $945,601Expenses 2022: $841,050Net Income 2022: $104,5512022Revenue 2023: $801,511Expenses 2023: $853,623Net Income 2023: -$52,1122023Revenue 2024: $865,062Expenses 2024: $872,149Net Income 2024: -$7,0872024

Highlighted filing

2022

Revenue$945,601
Expenses$841,050
Net Income$104,551
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jun 26, 2022
Return Version
2021v4.0
Gross Receipts
$979,910
Mission and Program Overview

Mission

Progressive arts alliance brings learning to life through art.

Arts impact brings learning to life through art. The organization's primary purpose is to use the arts to help children learn, create, imagine, dream, explore, grow, and succeed.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$60,866$235,784▲ $174,918
Cash and Non-Interest-Bearing Accounts$34,915$88,136▲ $53,221
Savings and Temporary Cash Investments$176,436$72,227▼ $104,209
Prepaid Expenses and Deferred Charges$17,388$22,646▲ $5,258
Land, Buildings, and Equipment, Net$10,130$7,340▼ $2,790
Accounts Receivable$11,200$6,730▼ $4,470
Total Assets$312,435$434,363▲ $121,928
Other Assets Total$1,500$1,500→ $0
Liabilities
Accounts Payable and Accrued Expenses$15,076$23,303▲ $8,227
Other Liabilities-$9,150-
Total Liabilities$15,076$32,453▲ $17,377
Net Assets / Fund Balance
Net Assets With Donor Restrictions$111,215$313,062▲ $201,847
Net Assets Without Donor Restrictions$186,144$88,848▼ $97,296
Total Net Assets Fund Balance$297,359$401,910▲ $104,551
Total Liabilities and Net Assets / Fund Balance$312,435$434,363▲ $121,928

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,559$170,766$175,325
Other Land Buildings-$22,557$22,557
Leasehold Improvements$2,781$516$3,297
Compensation and Service Providers

Board Members and Trustees

NameTitle
Clyde MilesPresident
April WalkerBoard Member
Beth a StraussBoard Member
Chann Fowler-spellmanBoard Member
Daphne DevetscoBoard Member
Dj SantiagoBoard Member
Jason HoehnenBoard Member
Kevin ShawBoard Member
Michelle C CarletonBoard Member
Michelle TomalloBoard Member
Nicholas DigiorgioBoard Member
Richard CahoonBoard Member
Derrick GrahovacExectuive Di
Todd a BenniSecretary
DEBORAH O'NEILLTreasurer
Mike FanousVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$666,550
Program Service Revenue
$242,137
Investment Income
$6
Other Revenue
$36,908
All Other Contributions
$560,179
Change in Net Assets
$104,551

Audited Revenue Reconciliation

Revenue per Audited Statements
$945,601
Total Revenue per Audited Statements
$945,601
Total Revenue per Form 990
$945,601
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$580,149
Other Expenses$260,901
Total Fundraising Expense$103,562
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$379,000$47,953$65,335$492,288
Fees for Services Other$63,434$14,154$9,424$87,012
Occupancy$41,122$7,102$8,251$56,475
Other Employee Benefits$38,209$4,053$5,895$48,157
Payroll Taxes$30,462$3,926$5,316$39,704
Advertising$18,394--$18,394
Office Expenses$8,110$5,193$4,478$17,781
Fees for Services Accounting$2,790$9,278-$12,068
Insurance$6,356$804$1,096$8,256
Conferences and Meetings$7,188$919$139$8,246
Depreciation Depletion$2,791--$2,791
Other Expenses$3,418$105$2,859$105
Total Functional Expenses$640,590$96,898$103,562$841,050

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$841,050
Total Expenses per Audited Statements$841,050
Total Expenses per Form 990$841,050
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$70,490
Fundraising Direct Expenses$34,309
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
20th Anniversar$70,490$70,490$16,981$53,509
Total Events$70,490$70,490$34,309$36,181
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$9,150
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of the 990 is provided to all members of the governing body before the filing of this form. This form 990 is sent via email to all members of the governing body by the executive director. The governing body reviews and votes to approve the form 990 at its next regularly scheduled meeting and authorize its submission.

Form 990, Page 6, Part VI, Line 12C

The board governance committee monitors and enforces compliance with the policy throughout the year.

Form 990, Page 6, Part VI, Line 15A

The goverance committee of the board of directors is comprised of independent persons. The committee regularly reviews surveys of executive salaries of similar-sized organizations to determine compensation.

Form 990, Page 6, Part VI, Line 15B

Board memebers volunteer their time and are not compensated.

Form 990, Page 6, Part VI, Line 19

Arts impact makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. This request can be made in writing or by telephone and documents can be obtained during normal business hours (m-f 9am-5pm) or by mail.

Filing and Contact Details

Filer

Filer Name
Arts Impact Inc
EIN
01-0573988
Phone
2167724722
Address
3311 PERKINS AVENUE SUITE 300, CLEVELAND, OH 44114

Signing Officer

Name
Derrick Grahovac
Title
Exectuive Director
Phone
2167724722
Signed
2022-06-26

Organization Details

Principal Officer
Derrick Grahovac
Formed
2002
Legal Domicile
Oh
Voting Board Members
15
Independent Board Members
15
Employees
12
Volunteers
35

Preparer

Firm
Mcmanamon & Co LLC
Address
1651 CROSSINGS PKWY D, WESTLAKE, OH 44145-1959
Preparer
Jeff Firestone CPA Cfe
Phone
4408928900
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Arts impact's innovative arts-based programs respond to educational trends and meet the needs of students, teachers, and the community of greater cleveland. The organization has served over 40,000 students during the past 20 years. Arts impact has become an important school partner for the cleveland metropolitan school district (cmsd), in particular, by providing multi- session arts integration residencies that impact achievement and increase student engagement first graders build bird gliders while studying life science. Second graders create digital stop-motion animations on ipads while studying the weather and atmosphere. This creative, hands-on learning helps the curriculum "stick." since 2019, arts impact has offered series of arts-based programs for middle school and high school students, to explicitly address social and emotional learning (sel). Each workshop includes introduction of an sel competency, discussion, activities, and an art project to deepen the learning of that competency. Arts enrichment programs take place in schools and community organizations during out-of-school time. These workshops and camps are arts-based and not tied to other aspects of the curriculum as the steam and sel offerings are. Professional artists guide students to paint murals, design logos, sculpt, dance, and more.

Form 990, Part IX, Line 11G

Program instructors 17,970 0 2,946 other professional fees 45,464 14,154 6,478 total 63,434 14,154 9,424

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IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDE
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IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.60$0.17$3.43$8.65$8.72$0.07
2023Detailed filing. Detailed filing data is available for this year.$3.74$0.24$3.50$8.02$8.54$0.52
2022Detailed filing. Detailed filing data is available for this year.$4.34$0.32$4.02$9.46$8.41$1.05
2021Detailed filing. Detailed filing data is available for this year.$3.12$0.15$2.97$7.58$6.19$1.39
2020Detailed filing. Detailed filing data is available for this year.$2.70$1.11$1.58$5.42$6.48$1.06
2019Detailed filing. Detailed filing data is available for this year.$2.75$0.11$2.64$7.22$6.20$1.02
2018Detailed filing. Detailed filing data is available for this year.$1.69$0.06$1.62$4.80$6.93$2.14
2017Detailed filing. Detailed filing data is available for this year.$3.87$0.11$3.76$4.53$7.42$2.89
2016Detailed filing. Detailed filing data is available for this year.$6.76$0.11$6.65$8.98$6.78$2.20
2015Summary only. Only limited summary data is available for this year.$4.51$0.06$4.45$3.33$4.40$1.07
2014Detailed filing. Detailed filing data is available for this year.$5.46$0.09$5.37$8.98$5.40$3.57
2013Detailed filing. Detailed filing data is available for this year.$1.81$0.01$1.80$4.10$4.28$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.01$1.98$3.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.00$1.48$3.74
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.23$0.94$3.55