Imagine Performing Arts Centers Inc

EIN: 923257392 501(c)(3) Arts, Culture & Humanities

Oviedo, FL

Total Revenue
$192,635
Total Expenses
$201,258
Total Assets
$98,000
Net Assets
$11,700
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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
FL
Principal Officer
Sarah Fanok
Phone
4079860494
Tax Period
2023-02-01 to 2024-01-31

Imagine Performing Arts Centers Inc, founded in 2023, is a small nonprofit in the Arts, Culture & Humanities sector that reported $193K in total revenue in fiscal year 2023.

Mission

Imagine Performing Arts Center envisions a world where everyone has the opportunity to experience the joy, freedom, and self-expression of the performing arts. At Imagine Performing Arts Center, we believe in the power of the performing arts to bring people together and enrich lives. We are committed to providing an inclusive, welcoming environment where performers of all ages and abilities can learn, grow, and thrive. Our mission is to make the performing arts accessible and enjoyable for everyone in our community, and to use the performing arts as a way to bring joy, health, and connection to the people of Central Florida.

Program Service Accomplishments

Program 1
Expenses: $125,000 Revenue: $123,000

Description: Imagine Performing Arts Center provided year-round performing arts instruction in dance, acting, and musical theater for children and teens. Students participated in weekly classes in...

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Description: Imagine Performing Arts Center provided year-round performing arts instruction in dance, acting, and musical theater for children and teens. Students participated in weekly classes in ballet, tap, jazz, lyrical, and theater, building skills, confidence, and creativity. Classes were taught by trained instructors and open to all levels of experience. Many students with diverse abilities were included in these mainstream classes, with individualized support and a welcoming environment for a wide range of learning styles. Scholarships were awarded to students in this program to reduce financial barriers and ensure inclusive access.

Program 2
Expenses: $23,000 Revenue: $5,000

Diverse Abilities Dance and Theater Program: Imagine offered inclusive performing arts programs tailored to individuals with physical, cognitive, and neurodiverse needs. These classes were fully...

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Diverse Abilities Dance and Theater Program: Imagine offered inclusive performing arts programs tailored to individuals with physical, cognitive, and neurodiverse needs. These classes were fully scholarship-based, offering a safe, joyful, and accessible space for students to participate in weekly dance and theater activities. Students also performed in recitals and showcases alongside their peers.

Program 3
Expenses: $11,000 Revenue: $11,825

Summer Camps: The organization ran a series of themed performing arts camps over the summer for students ages 5 to 12. Camps included activities in dance, music, theater games, and storytelling, and...

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Summer Camps: The organization ran a series of themed performing arts camps over the summer for students ages 5 to 12. Camps included activities in dance, music, theater games, and storytelling, and concluded with informal performances for families. These short-format camps helped introduce new students to the arts and fostered confidence and creativity. The program welcomed students of all abilities, including those who are neurodiverse, and offered a supportive environment tailored to meet a range of learning and social needs.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,400
Program Service Revenue $183,413
Investment Income $0
Other Revenue $6,822
TOTAL REVENUE $192,635

Expense Breakdown

Grants Paid $4,905
Salaries & Benefits $81,796
Fundraising Expenses $383
Program Expenses $189,245
Other Expenses $114,557
TOTAL EXPENSES $201,258

Year-over-Year Comparison

2023 2022 Change
Revenue $192,635 N/A N/A
Expenses $201,258 N/A N/A
Net Income $-8,623 $0 N/A
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
9
Independent Members
7
Employees
N/A
Volunteers
15

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
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lauren Parker President 0.5
Officer Director
$0 $0 $0
Lisa Smith vice president 0.5
Officer Director
$0 $0 $0
Sarah Fanok Executive Director 50
Director
$0 $0 $0
Steven Johnson Theater Director 20
Director
$0 $0 $0
Darci Ricciardi Dance Program Director 5
Director
$0 $0 $0
Jeff Ilgenfritz Trustee 0.5
Director
$0 $0 $0
Asher Lazo Trustee 0.5
Director
$0 $0 $0
Christi Maier trustee 0.5
Director
$0 $0 $0
Cyn Sellards Trustee 0.5
Director
$0 $0 $0
kerry gallagher treasurer 0.5
Director
$0 $0 $0
chelsea lane secretary 0.5
Officer
$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 $192,635 $201,258 $98,000 $-8,623
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