CHAGRIN FOUNDATION FOR ARTS & CULTURE

EIN: 208612865 501(c)(3) Arts, Culture & Humanities

CHAGRIN FALLS, OH

Total Revenue
$259,370
Total Expenses
$242,998
Total Assets
$258,202
Net Assets
$72,170
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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
OH
Principal Officer
KAREN PRASSER
Phone
4402479700
Tax Period
2024-07-01 to 2025-06-30

CHAGRIN FOUNDATION FOR ARTS & CULTURE, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $259K in total revenue in fiscal year 2024. Revenue surged 78% from the prior year, signaling strong growth momentum. Expenses of $243K left a modest 6% surplus.

Mission

THE MISSION OF CHAGRIN ARTS IS TO ENRICH LIFE BY PRESENTING INSPIRING ARTS PROGRAMMING AND STIMULATING CONVERSATIONS.

Program Service Accomplishments

Program 1
Expenses: $217,045 Revenue: $21,966

CHAGRIN FOUNDATION FOR ARTS & CULTURE'S FOCUS IS TO PRESENT "ARTS WITH A PURPOSE" PROGRAMMING THAT EDUCATES, CHALLENGES THINKING, INSPIRES AND BRINGS CHANGE TO SOCIAL JUSTICE ISSUES THROUGH THE POWER...

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CHAGRIN FOUNDATION FOR ARTS & CULTURE'S FOCUS IS TO PRESENT "ARTS WITH A PURPOSE" PROGRAMMING THAT EDUCATES, CHALLENGES THINKING, INSPIRES AND BRINGS CHANGE TO SOCIAL JUSTICE ISSUES THROUGH THE POWER OF THE ARTS. A PRIMARY SOCIAL ISSUE THAT HAS BECOME A PRIORITY IS THAT OF WRONGFUL CONVICTION. FROM SEPTEMBER 2024 THROUGH JUNE 2025, THE MAJOR ACCOMPLISHMENTS WERE THAT OF PLANNING, FUNDRAISING, CASTING, REHEARSALS, MARKETING AND PUBLIC RELATIONS FOR THE OPERA "BLIND INJUSTICE" THAT WAS PRODUCED BY CHAGRIN ARTS AND PRESENTED AT PLAYHOUSE SQUARE IN DOWNTOWN CLEVELAND IN JULY 2025. THIS WAS THE NORTHEAST OHIO PREMIER OF THE OPERA AND ONLY THE FOURTH TIME IT HAD BEEN PRODUCED IN THE COUNTRY.

Program 2

AS PART OF THE OUTREACH PROGRAMMING PRIOR TO THE OPERA, "BLIND INJUSTICE," CHAGRIN FOUNDATION FOR ARTS & CULTURE PRESENTED A MUSICAL CONCERT CALLED "FREEDOM ROCKS" ON SEPTEMBER 26, 2024 AS A...

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AS PART OF THE OUTREACH PROGRAMMING PRIOR TO THE OPERA, "BLIND INJUSTICE," CHAGRIN FOUNDATION FOR ARTS & CULTURE PRESENTED A MUSICAL CONCERT CALLED "FREEDOM ROCKS" ON SEPTEMBER 26, 2024 AS A FUNDRAISER. THE CONCERT FEATURED INTERNATIONALLY RENOWNED TRUMPETER, DOMINICK FARANACCI WITH HIS JAZZ BAND. IT ALSO INCLUDED A NEW THEATER GROUP, 'VOICES OF INJUSTICE,' A GROUP OF SIX LOCAL MEN WHO HAVE BEEN EXONERATED FOR CRIMES THEY DID NOT COMMIT WHO TELL THEIR STORIES DRAMATICALLY IN AN ORIGINAL PLAY CALLED "THE LYNCHED AMONG US". ONE OF THE ACTORS, ALFRED CLEVELAND, COLLABORATED WITH MR. FARINACCI ON AN ORIGINAL PIECE COMPOSED BY MR. FARINACCI THAT PROVIDED A POWERFUL JAZZ ACCOMPANINENT TO MR. CLEVELAND'S STORY THAT HE DRAMATICALLY NARRATED OF HIS WRONGFUL CONVICTION AND EXONERATION. THE CONCERT TOOK PLACE AT THE CLEVELAND METROPOLITAN BAR ASSOCIATION, A LONG-TIME SUPPORTER AND PARTNER, IN DOWNTOWN CLEVELAND.

Program 3

CHAGRIN FOUNDATION FOR ARTS & CULTURE, AS A FINAL FUNDRAISING EVENT PRIOR TO THE OPERA, "BLIND INJUSTICE," PRESENTED ANOTHER FREEDOM ROCKS CONCERT AT BROTHER'S LOUNGE ON THE WEST SIDE OF CLEVELAND ON...

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CHAGRIN FOUNDATION FOR ARTS & CULTURE, AS A FINAL FUNDRAISING EVENT PRIOR TO THE OPERA, "BLIND INJUSTICE," PRESENTED ANOTHER FREEDOM ROCKS CONCERT AT BROTHER'S LOUNGE ON THE WEST SIDE OF CLEVELAND ON MAY 8, 2025. THE CONCERT FEATURED 'FAITH & WHISKEY,' A ROCK AND ROLL BAND LED BY FORMER OHIO SUPREME COURT JUSTICE, MICHAEL P. DONNELLY. IN ATTENDANCE WERE SIX EXONEREES (THREE WHOSE STORIES ARE TOLD IN THE OPERA "BLIND INJUSTICE"). THEY SPOKE TO THE AUDIENCE ABOUT THE OPERA AND THEIR INVOLVMENT AS PEOPLE WHO HAD BEEN WRONGFULLY CONVICTED FOR CRIMES THEY DID NOT COMMIT, AND HOW POWERFUL THE MUSIC IS IN TELLING THEIR STORIES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $249,938
Program Service Revenue $21,966
Investment Income $2,762
Other Revenue $-15,296
TOTAL REVENUE $259,370

Expense Breakdown

Grants Paid $0
Salaries & Benefits $40,227
Fundraising Expenses $0
Program Expenses $217,045
Other Expenses $202,771
TOTAL EXPENSES $242,998

Year-over-Year Comparison

2024 2023 Change
Revenue $259,370 $145,473 +0.8%
Expenses $242,998 $112,956 +1.2%
Net Income $16,372 $32,517 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
2
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$45,000
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN PRASSER EXECUTIVE DI 40.00
Officer
$45,000 $0 $45,000
BETH COHEN PRESIDENT 4.00
Officer Director
$0 $0 $0
MICHAEL DELANEY DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL DONNELLY DIRECTOR 1.00
Director
$0 $0 $0
ROBYN FORNEY DIRECTOR 1.00
Director
$0 $0 $0
JOHN HEINERT SECRETARY/TR 4.00
Officer Director
$0 $0 $0
LAURA KINGSLEY HONG DIRECTOR 1.00
Director
$0 $0 $0
PAULINE RAMIG DIRECTOR N/A
Director
$0 $0 $0
CAROL ROE VICE PRESIDE 4.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $259,370 $242,998 $258,202 $16,372
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