Form 990 for tax year 2022

Listed only on the later return

• CHERIE MITTENTHAL

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $135,110

• 1f · All other contributions, gifts and grants

  $1,412,397

• 1g · Noncash contributions included above

  $139,536

• 2a · Program service revenue: TUITION

  total $781,369 · related or exempt $781,369

• 3 · Investment income

  total $27,219 · excluded $27,219

• 7b · Less cost or other basis and sales expenses

  securities $29,888

• 7c · Gain or loss

  securities -$29,888

• 7d · Net gain or loss

  total -$29,888 · excluded -$29,888

• 8a · Fundraising events: gross income

  $183,885

• 8b · Fundraising events: direct expenses

  $81,974

• 8c · Net income from fundraising events

  total $101,911 · excluded $101,911

• 10a · Gross sales of inventory

  $29,236

• 10b · Cost of goods sold

  $19,256

• 10c · Net income from sales of inventory

  total $9,980 · related or exempt $9,980

Functional expenses

Part IX, the statement of functional expenses.

• 6 · Compensation of disqualified persons

  total $81,357 · management and general $81,357

• 7 · Other salaries and wages

  total $428,511 · program services $382,010 · management and general $46,501

• 9 · Other employee benefits

  total $18,291 · program services $18,291

• 10 · Payroll taxes

  total $45,507 · program services $34,701 · management and general $10,806

• 11b · Fees: legal

  total $280 · management and general $280

• 11c · Fees: accounting

  total $5,500 · management and general $5,500

• 11f · Fees: investment management

  total $4,540 · management and general $4,540

• 11g · Fees: other

  total $16,441 · program services $5,000 · management and general $3,711 · fundraising $7,730

• 12 · Advertising and promotion

  total $31,504 · program services $19,013 · management and general $952 · fundraising $11,539

• 13 · Office expenses

  total $12,204 · program services $8,087 · management and general $3,993 · fundraising $124

• 16 · Occupancy

  total $70,307 · program services $68,901 · management and general $703 · fundraising $703

• 17 · Travel

  total $661 · program services $279 · management and general $382

• 20 · Interest

  total $8,989 · program services $8,899 · management and general $90

• 22 · Depreciation, depletion and amortization

  total $144,363 · program services $141,475 · management and general $1,444 · fundraising $1,444

• 23 · Insurance

  total $36,026 · program services $30,906 · management and general $3,424 · fundraising $1,696

• 24a · Other expenses: INSTRUCTORS

  total $210,575 · program services $210,575

• 24b · Other expenses: ART SUPPLIES

  total $105,268 · program services $105,268

• 24c · Other expenses: EVENTS

  total $78,201 · program services $44,229 · fundraising $33,972

• 24d · Other expenses: RENT

  total $60,921 · program services $53,353 · fundraising $7,568

• 24e · All other expenses

  total $92,930 · program services $77,056 · management and general $2,998 · fundraising $12,876

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $703,588 · end of year $811,920

• 3 · Pledges and grants receivable

  beginning of year $13,311 · end of year $290,540

• 4 · Accounts receivable

  end of year $2,776

• 9 · Prepaid expenses and deferred charges

  beginning of year $22,124 · end of year $26,560

• 10a · Land, buildings and equipment: cost or other basis

  $4,961,841

• 10b · Land, buildings and equipment: accumulated depreciation

  $953,223

• 10c · Land, buildings and equipment, net

  beginning of year $3,719,768 · end of year $4,008,618

• 11 · Investments: publicly traded securities

  beginning of year $817,870 · end of year $931,404

• 14 · Intangible assets

  beginning of year $60,000 · end of year $50,000

• 15 · Other assets

  beginning of year $0 · end of year $15,000

• 17 · Accounts payable and accrued expenses

  beginning of year $1,475 · end of year $20,469

• 19 · Deferred revenue

  beginning of year $152,368 · end of year $85,490

• 23 · Secured mortgages and notes payable

  beginning of year $226,323 · end of year $216,059

• 25 · Other liabilities

  beginning of year $29,324 · end of year $20,140

• 27 · Net assets without donor restrictions

  beginning of year $3,946,586 · end of year $4,436,711

• 28 · Net assets with donor restrictions

  beginning of year $980,585 · end of year $1,357,949