ART-E FOUNDATION

EIN: 271668731 501(c)(3) Arts, Culture & Humanities

Oceanside, CA

Total Revenue
$554,076
Total Expenses
$549,250
Total Assets
$37,372
Net Assets
$32,846
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
CA
Principal Officer
MICHAEL N JACKSON
Phone
3109276915
Tax Period
2024-01-01 to 2024-12-31

ART-E FOUNDATION, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $554K in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum.

Mission

Art-E Foundation is a nonprofit organization dedicated to serving youth and adults through the performing arts. We provide pathways to high quality performing arts education, training, and enrichment in the Southern California area. We provide those pathways through partnerships with conservatories, school districts, the district attorney's office and local sheriff's department. We are also dedicated to the sustainability of the arts as a whole. Supporting innovative works and cultivating a diverse arts community of leaders.

Program Service Accomplishments

Program 1
Expenses: $370,129 Revenue: $439,335

The Dance and drama program operates within the public and private school system providing performing arts education opportunities in Southern California in the Capistrano Unified School District...

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The Dance and drama program operates within the public and private school system providing performing arts education opportunities in Southern California in the Capistrano Unified School District, the Saddleback Valley Unifies School District and Scholarship Prep. It also conducted GRIP incentive workshops with the attorney generals office and sheriff's office. Providing arts education as a resource to stay in school.

Program 2
Expenses: $58,864 Revenue: $59,827

The Performance Program partnered with individuals and conservatories to provide community outreach and education. Supported 16 performances to audiences of more that 4000 people with the objective...

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The Performance Program partnered with individuals and conservatories to provide community outreach and education. Supported 16 performances to audiences of more that 4000 people with the objective to sustain the performing arts and arts education in So. California. This program was created to sustain entertainment, education and enrichment in the community.

Program 3
Expenses: $67,817 Revenue: $47,000

The Youth Masters Program supported and educated performers with competition training based education. Supporting art forms of classical ballet and contemporary dance. Providing education and...

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The Youth Masters Program supported and educated performers with competition training based education. Supporting art forms of classical ballet and contemporary dance. Providing education and confidence in youth while getting professional feedback from masters in their craft.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,914
Program Service Revenue $546,162
Investment Income $0
Other Revenue $0
TOTAL REVENUE $554,076

Expense Breakdown

Grants Paid $4,398
Salaries & Benefits $364,404
Fundraising Expenses $3,026
Program Expenses $496,810
Other Expenses $180,448
TOTAL EXPENSES $549,250

Year-over-Year Comparison

2024 2023 Change
Revenue $554,076 $343,137 +0.6%
Expenses $549,250 $343,216 +0.6%
Net Income $4,826 $-79 -62.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
2
Employees
27
Volunteers
10

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
$112,375
Total Directors
5
$112,375
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Boyer Director 40
Highest
$57,876 $0 $57,876
Edwina Clay Treasurer 40
Officer Director
$38,775 $0 $38,775
Michael Jackson President 40
Officer Director
$37,700 $0 $37,700
Rachelle Wilson Secretary 40
Officer Director
$35,900 $0 $35,900
Jena Minnick-Bull Founder 2
$4,960 $0 $16,935
Alexandra Terrones Board member 1
Director
$0 $0 $0
Amanda White Director 1
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
2024 $554,076 $549,250 $37,372 $4,826
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