Totals
- Total revenue
- $2,703,520
- Total expenses
- $2,257,398
- Contributions and grants received
- $1,552,542
- Grants paid
- $0
- Program service revenue
- $208,487
- Investment income
- $900,348
- Other revenue
- $42,143
- Total assets, end of year
- $12,174,496
- Total liabilities, end of year
- $457,751
- Net assets or fund balances, end of year
- $11,716,745
- Program services expenses (Part IX)
- $1,776,036
- Management and general expenses
- $347,684
- Fundraising expenses
- $133,678
- Program service expenses (Part III)
- $1,776,036
Program services were 78.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$140,746
-
1f · All other contributions, gifts and grants
$1,411,796
-
2a · Program service revenue: PROGRAM FEES
total $136,810 · related or exempt $136,810
-
2b · Program service revenue: CONTRACTED SERVICES
total $71,677 · related or exempt $71,677
-
3 · Investment income
total $8,904 · excluded $8,904
-
7a · Gross sales of assets other than inventory
securities $891,444
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $891,444
-
7d · Net gain or loss
total $891,444 · excluded $891,444
-
8a · Fundraising events: gross income
$50,504
-
8b · Fundraising events: direct expenses
$13,527
-
8c · Net income from fundraising events
total $36,977 · excluded $36,977
-
11a · Other revenue: OTHER REVENUE
total $5,166 · related or exempt $5,166
-
11e · Other revenue, total
$5,166
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $128,862 · program services $38,659 · management and general $64,431 · fundraising $25,772
-
7 · Other salaries and wages
total $978,102 · program services $824,773 · management and general $68,405 · fundraising $84,924
-
11g · Fees: other
total $543,345 · program services $380,319 · management and general $163,026
-
13 · Office expenses
total $55,876 · program services $44,700 · management and general $5,588 · fundraising $5,588
-
16 · Occupancy
total $135,453 · program services $121,791 · management and general $6,831 · fundraising $6,831
-
17 · Travel
total $43,665 · program services $43,665
-
22 · Depreciation, depletion and amortization
total $211,252 · program services $175,338 · management and general $25,351 · fundraising $10,563
-
24a · Other expenses: PROGRAM AND PERFORMANCE
total $85,288 · program services $85,288
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $56,187 · program services $52,816 · management and general $3,371
-
24c · Other expenses: DEVELOPMENT
total $10,458 · management and general $10,458
-
24d · Other expenses: EQUIPMENT RENTALS
total $8,018 · program services $8,018
-
24e · All other expenses
total $892 · program services $669 · management and general $223
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $501,860 · end of year $347,483
-
3 · Pledges and grants receivable
beginning of year $140,264 · end of year $369,351
-
9 · Prepaid expenses and deferred charges
beginning of year $19,632 · end of year $30,290
-
10a · Land, buildings and equipment: cost or other basis
$6,531,320
-
10b · Land, buildings and equipment: accumulated depreciation
$1,893,310
-
10c · Land, buildings and equipment, net
beginning of year $4,849,262 · end of year $4,638,010
-
11 · Investments: publicly traded securities
beginning of year $5,840,368 · end of year $6,361,290
-
15 · Other assets
beginning of year $482,369 · end of year $428,072
-
17 · Accounts payable and accrued expenses
beginning of year $87,610 · end of year $36,526
-
25 · Other liabilities
beginning of year $475,522 · end of year $421,225
-
27 · Net assets without donor restrictions
beginning of year $10,415,226 · end of year $10,542,631
-
28 · Net assets with donor restrictions
beginning of year $855,397 · end of year $1,174,114
Mission and programs · 2023
Mission
RAINEY INSTITUTE IS DEDICATED TO POSITIVE CHANGE FOR GREATER CLEVELAND'S YOUTH AND FAMILIES THROUGH EDUCATION AND PARTICIPATION IN THE PERFORMING AND VISUAL ARTS.
-
RAINEY INSTITUTE IS DEDICATED TO POSITIVE CHANGE FOR GREATER CLEVELAND'S YOUTH AND FAMILIES THROUGH EDUCATION AND PARTICIPATION IN PERFORMING AND VISUAL ARTS. RAINEY INSTITUTE DEVELOPS SELF-ESTEEM, HUMANITARIAN VALUES, WORK ETHIC, LIFE SKILLS AND HOPE IN A NEW FUTURE FOR ALL PROGRAM PARTICIPANTS. RAINEY PROVIDES ARTS EDUCATION PROGRAMS FOR CHILDREN IN CLEVELAND, AND HAS BEEN SERVING THIS COMMUNITY SINCE 1904. RAINEY'S PROGRAMS IN MUSIC, DANCE, DRAMA AND VISUAL ARTS ARE DELIVERED TO 800 CHILDREN ANNUALLY THROUGH AN AFTER SCHOOL PROGRAM, SATURDAY CLASSES AND SUMMER CAMP PROGRAM.
Expenses $1,776,036 · Revenue $208,487
-
OTHER INCOME.
Revenue $5,166
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Janet BanksJANET BANKS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Robert ConradROBERT CONRAD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Erin DeimlingERIN DEIMLING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
William E Fehrenbach JrWILLIAM E FEHRENBACH JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michele CrawfordMICHELE CRAWFORD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tom CharekTOM CHAREK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David LambDAVID LAMB
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey WeissJEFFREY WEISS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Monyka S PriceMONYKA S PRICE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James SacherJAMES SACHER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Joe SmucnyJOE SMUCNY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Yaasira JonesYAASIRA JONES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
William S LipscombWILLIAM S LIPSCOMB
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Chris KutskoCHRIS KUTSKO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lynne LawrenceLYNNE LAWRENCE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Corey JamesCOREY JAMES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sung ChaSUNG CHA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer HarrisJENNIFER HARRIS
EXECUTIVE DIRECTOR
- Total calculated
- $134,766
- From this org
- $128,862
- From related orgs
- $0
- Other
- $5,904
- Hours/week
- 40
-
Thodore J HorvathTHODORE J HORVATH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 July 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541959349301279
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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