RICHLAND ACADEMY OF THE ARTS

EIN: 341681948 501(c)(3) Arts, Culture & Humanities

MANSFIELD, OH

Total Revenue
$916,228
Total Expenses
$946,739
Total Assets
$2,164,361
Net Assets
$2,088,738
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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
OH
Principal Officer
MICHAEL BENSON
Phone
4195228224
Tax Period
2022-07-01 to 2023-06-30

RICHLAND ACADEMY OF THE ARTS, founded in 1991, is a small nonprofit in the Arts, Culture & Humanities sector that reported $916K in total revenue in fiscal year 2022. Net assets of $2.1M represent 27 months of operating reserves.

Mission

OUR MISSION IS TO FOSTER, THROUGH ARTISTIC EXPRESSION, THE CREATIVE POTENTIAL THAT EXISTS IN EVERYONE TO ENRICH THE LIVES OF OUR NEIGHBORS, OUR COMMUNITY, AND THE WORLD AT LARGE.

Program Service Accomplishments

Program 1
Expenses: $649,073 Revenue: $362,748

The Richland Academy of the Arts (RAA) was founded in 1991 as a non-profit community multi-arts education center. Located at 75 North Walnut Street in the downtown Carrousel District of Mansfield...

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The Richland Academy of the Arts (RAA) was founded in 1991 as a non-profit community multi-arts education center. Located at 75 North Walnut Street in the downtown Carrousel District of Mansfield, the RAA has developed a diverse and valued curriculum where its academic calendar includes year-round classes. During the 2022-2023 year, 1,856 students registered for and attended a total of 11,329 weekly classes.RAA has served thousands of students and families during the past 32 years through our Tuition Assistance Program and has awarded over $751,105 to families in need of financial assistance. We award an average of $25,000 to qualifying students in Richland County and surrounding communities annually. Scholarships are funded through community donations and the $250,000 endowed Neil Doerman Scholarship Trust designated to RAA in 2018. Income-based tuition assistance is limited to a maximum of $2,500 per family based on financial need and according to Federal guidelines.While the history of the RAA is rich, one highlight includes the 1998-2002 Capital Campaign that raised $4.5 million with support from local organizations and individual donors, $400,000 from the State of Ohio, and a matching $400,000 challenge grant from the Kresge Foundation. This campaign allowed the RAA to purchase the current property and begin renovations that have moved our mission forward.

Program 2
Expenses: $125,226 Revenue: $396,744

In 2006, the RAA implemented what has become one of the most meaningful collaborations between the RAA and the Ohio Department of Education (ODE) to become a Sponsor of Community Schools. Community...

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In 2006, the RAA implemented what has become one of the most meaningful collaborations between the RAA and the Ohio Department of Education (ODE) to become a Sponsor of Community Schools. Community Schools are innovative free public schools designed by educators, parents, or civic leaders that are open by choice and accountable to the State of Ohio for results. Charter schools (called Community Schools in Ohio) are independently run and innovative public schools, that foster partnerships between parents, teachers, and students. The National Association of Public Charter Schools has reported that for the past 20 years, the public charter school movement has been a leader in innovation and education reform. RAA has earned an Effective sponsor rating each year since 2017 based on a comprehensive assessment conducted by the ODE. During the 2022-2023 academic year, the RAA will sponsor five community schools including Case Preparatory Academy in Akron; Cesar Chavez College Preparatory School in Columbus; Columbus Bilingual Academy North; Lorain Bilingual Preparatory Academy; and Northside Preparatory Academy in Cincinnati. The RAA is committed to providing our community schools with arts programming.The history of the RAA is important because the institution has served as an incubator for unique community education programs like ZoomZone (2003), the IMAC Conversion School (2005), Foundation Academy (2004-2009), and the Pioneer High School for Performing Arts (2009). The Richland Academy School of Excellence, now known as the Richland School for Academic Arts (RSAA, 2010-2015), was developed by RAA leadership where we maintained operational duties for all facets of the RSAA education programs. The future of the RAA is bright as we lead arts education forward in six Ohio counties and encourage everyone to "Explore the Artist Within."

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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 (2022)

Revenue Breakdown

Contributions & Grants $123,093
Program Service Revenue $761,557
Investment Income $6,309
Other Revenue $25,269
TOTAL REVENUE $916,228

Expense Breakdown

Grants Paid $300
Salaries & Benefits $520,342
Fundraising Expenses $19,357
Program Expenses $774,299
Other Expenses $426,097
TOTAL EXPENSES $946,739

Year-over-Year Comparison

2022 2021 Change
Revenue $916,228 $866,345 +0.1%
Expenses $946,739 $870,955 +0.1%
Net Income $-30,511 $-4,610 +5.6%
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
13
Independent Members
11
Employees
48
Volunteers
50

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
5
$33,653
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL BENSON Executive Dir. 40.00
Officer
$33,653 $0 $33,653
JESSICA HISER Vice President 1.00
Director
$0 $0 $0
JIM HENRY Treasurer 3.00
Officer Director
$0 $0 $0
DONALD HOOVER PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
JOANN HIPSHER Secretary 1.00
Officer Director
$0 $0 $0
BRIAN HAMILTON President 2.00
Officer Director
$0 $0 $0
TIM HILTERMAN Director 1.00
Director
$0 $0 $0
JASON METZGER Director 1.00
Director
$0 $0 $0
SCOTT HEIMAN Director 1.00
Director
$0 $0 $0
EDWIN GUTCHALL Director 1.00
Director
$0 $0 $0
JAY WACHS Director 1.00
Director
$0 $0 $0
PAT OLSON Director 1.00
Director
$0 $0 $0
ASHLEY PIFER Director 1.00
Director
$0 $0 $0
KIMBERLY MILLER Director 1.00
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 No data No data No data No data
2024 No data No data No data No data
2023 $916,228 $946,739 $2,164,361 $-30,511
2022 $866,345 $870,955 $2,167,901 $-4,610
2021 $835,521 $694,373 $2,202,548 $141,148
2020 $662,132 $720,412 $2,052,326 $-58,280
2019 $905,001 $781,322 $2,069,488 $123,679
2018 $622,441 $742,198 $1,925,516 $-119,757
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