Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Traditional Arts Today Inc
EIN 82-2750943 • 501(c)3 • Ferdinand, IN
Profile
To increase appreciation for unique and practical traditional arts. To connect local artisans and their creations with the community, and offer classes to teach traditional arts skills.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.03x
Liabilities / Revenue
70th percentile
Higher debt load relative to revenue than 70% of similar nonprofits.
Net Margin
70th percentile
Higher net margin than 70% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
88th percentile
Faster asset growth than 88% of similar nonprofits.
Revenue Growth
43rd percentile
Faster revenue growth than 43% of similar nonprofits.
Balance Sheet
Assets
Up$44,668
Up $17,594 (+65%) from 2023
Liabilities
Down$1,462
Down $1,003 (-41%) from 2023
Net Assets
Up$43,206
Up $18,597 (+76%) from 2023
Revenue
Down$119,426
Down $12,479 (-9.5%) from 2023
Expenses
Down$100,829
Down $23,155 (-19%) from 2023
Net Income
Up$18,597
Up $10,676 (+135%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $44,668
- Liabilities
- $1,462
- Net assets
- $43,206
- Revenue
- $119,426
- Expenses
- $100,829
- Net income
- $18,597
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Apr 24, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $154,307
Mission and Program Overview
Mission
To increase appreciation for unique and practical traditional arts. To connect local artisans and their creations with the community, and offer classes to teach traditional arts skills.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO INCREASE APPRECIATION FOR TRADITIONAL ARTS | - | $100,829 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| EDWARD KORNEGAY | President | - | $0 | - | - |
| JULIE PATTON | Treasurer | - | $0 | - | - |
| PATTI SCHROEDER | Secretary | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Art Classes & S | $44,472 | $44,472 | $34,881 | $9,591 |
| Total Events | $44,472 | $44,472 | $34,881 | $9,591 |
Filing and Contact Details
Filer
- Filer Name
- Traditional Arts Today Inc
- EIN
- 82-2750943
- Phone
- 8129982487
- Address
- 314 W 9TH STREET, FERDINAND, IN 47532
Signing Officer
- Name
- Edward Kornegay
- Title
- President
- Phone
- 8129982487
- Signed
- 2025-04-24
- Discuss with paid preparer
- Yes
Preparer
- Firm
- SENG & SENG CPA'S PC
- Address
- 902 MAIN ST, JASPER, IN 47546
- Preparer
- Lisa R Hopf CPA
- Phone
- 8124824569
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising 2,802 office exp. 682 travel 1,015 bank charges 585 credit card fees 1,053 dues & subscriptions 225 waste removal 30 supplies & outside servic 7,257 non-investment depreciation 639 total 14,288”
Form 990-ez, Part II, Line 24
“4,476 4,476 less accumulated depreciation 320 959 total 4,156 3,517”
Form 990-ez, Part II, Line 26
“Federal & fica tax withheld 1,342 874 gift cards outstanding 819 418 state & county tax withheld 304 170”
Form 990-ez, Part III
“To increase appreciation for unique and practical traditional arts. To connect local artisans and their creations with the community, and offer classes to teach traditional arts skills.”
Raw XML Appendix159 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | JOAN KNEBEL |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8129982487 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 314 W 9TH STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FERDINAND |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 47532 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 22918 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 41151 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 109835 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 18597 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4015 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 27074 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 44668 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 44472 |
| IRS990EZ/GrossReceiptsAmt | 0 | 154307 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 24609 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 43206 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 24609 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 43206 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | EDWARD KORNEGAY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JULIE PATTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | PATTI SCHROEDER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 4156 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 3517 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 14288 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO INCREASE APPRECIATION FOR UNIQUE AND PRACTICAL TRADITIONAL ARTS. TO CONNECT LOCAL ARTISANS AND THEIR CREATIONS WITH THE COMMUNITY, AND OFFER CLASSES TO TEACH TRADITIONAL ARTS SKILLS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO INCREASE APPRECIATION FOR TRADITIONAL ARTS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 100829 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 82526 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 34881 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 9591 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | IN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2465 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1462 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 100829 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 100829 |
| IRS990EZ/TotalRevenueAmt | 0 | 119426 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 109835 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 116973 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 74777 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 130785 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 101390 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 533760 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 44472 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 63323 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 65715 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 173510 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 707270 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 154307 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 180296 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 140492 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 130785 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 101390 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 707270 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 154307 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 180296 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 140492 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 130785 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 101390 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 707270 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 34881 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | ART CLASSES & S |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 44472 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 44472 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 44472 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 44472 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 9591 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 34881 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 34881 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 2,802 OFFICE EXP. 682 TRAVEL 1,015 BANK CHARGES 585 CREDIT CARD FEES 1,053 DUES & SUBSCRIPTIONS 225 WASTE REMOVAL 30 SUPPLIES & OUTSIDE SERVIC 7,257 NON-INVESTMENT DEPRECIATION 639 TOTAL 14,288 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 4,476 4,476 LESS ACCUMULATED DEPRECIATION 320 959 TOTAL 4,156 3,517 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FEDERAL & FICA TAX WITHHELD 1,342 874 GIFT CARDS OUTSTANDING 819 418 STATE & COUNTY TAX WITHHELD 304 170 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO INCREASE APPRECIATION FOR UNIQUE AND PRACTICAL TRADITIONAL ARTS. TO CONNECT LOCAL ARTISANS AND THEIR CREATIONS WITH THE COMMUNITY, AND OFFER CLASSES TO TEACH TRADITIONAL ARTS SKILLS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | EDWARD KORNEGAY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8129982487 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-04-24 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TRADITIONAL ARTS TODAY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TRAD |
| ReturnHeader/Filer/EIN | 0 | 822750943 |
| ReturnHeader/Filer/PhoneNum | 0 | 8129982487 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 314 W 9TH STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FERDINAND |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 47532 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 351922637 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SENG & SENG CPA'S PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 902 MAIN ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | JASPER |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 47546 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8124824569 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-04-24 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LISA R HOPF CPA |
| ReturnHeader/ReturnTs | 0 | 2025-04-30T13:21:56-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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