Arts Impact brings learning to life through art. The organization's primary purpose is to use the Arts to help children learn, create, imagine, dream, explore, grow, and succeed.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $1K a year · under 1% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
4 mo
of spending, in cash
Looks good: 4.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $78K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$15K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$758K
+40% vs prior year
Spent
$619K
To programs
73%
Net assets
$297K
By yearFY2020–FY2025
Revenue
$758K
FY2021▲ +40%
Tap a bar for its year
Revenue by fiscal year
FY2020$542K
FY2021$758K
FY2022$946K
FY2023$802K
FY2024$865K
FY2025$958K
Expenses
$619K
FY2021▼ -4%
Tap a bar for its year
Expenses by fiscal year
FY2020$648K
FY2021$619K
FY2022$841K
FY2023$854K
FY2024$872K
FY2025$1.0M
Net assets
$297K
FY2021▲ +88%
Tap a bar for its year
Net assets by fiscal year
FY2020$158K
FY2021$297K
FY2022$402K
FY2023$350K
FY2024$343K
FY2025$256K

From the FY2021 Form 990 (year ending August 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $451K Management & general 12% · $76K Fundraising 15% · $93K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Derrick Grahovac’s $100K as Exectuive Di is at the 88th percentile of top reported officer pay among 2215 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024
Derrick Grahovac$99,507$97,024

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Uses art to help children learn, create, imagine, dream, explore, grow, and succeed.

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Provided by the organization

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1 program · $451K · in their own filed words · FY2020
01

Arts impact partners with cleveland, ohio area schools and community organizations to provide high-quality experiences in the arts for youth through in-school and out-of-school programming. The organization's hands-on, innovative programs engage a variety of learning styles while deepening and impacting students' learning.

$451Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Treu Mart FundFY2024$28K
Total grants receivedfrom 2 funders$78K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$758K
Ln 12
Gifts and grantsLn 1h$631K
Fees for servicesLn 2g$127K
Other incomeLn 4–11$261
Money outPt IX
$619K
Ln 25
Programscol B$451K
Managementcol C$76K
Fundraisingcol D$93K
Owns and owesPt X
$297K
net assets · Ln 32
Cash and savingsLn 1–2$211K
Total assetsLn 16$312K
LiabilitiesLn 26$15K
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$631K
Government grantsLn 1e$381K
Fees for servicesLn 2g$127K
Investment incomeLn 3$46
Other incomeLn 4–11$261
Total revenueLn 12$758K
Assets in detailPt X, end of year
CashLn 1$35K
SavingsLn 2$176K
Cash and savings togetherLn 1–2$211K
Land, buildings, equipmentLn 10c$10K
Other assetsLn 15$2K
Total assetsLn 16$312K
LiabilitiesLn 26$15K
Net assetsLn 32$297K
OperationsPt I, VI
EmployeesI 57
VolunteersI 66
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$127K$211K
Land, buildings, equipmentLn 10c$17K$10K
Total assetsLn 16$270K$312K
LiabilitiesLn 26$111K$15K
Net assetsLn 32$158K$297K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$92K$55K$28K$9K
Other salaries and wagesLn 7$302K$234K$12K$56K
Other employee benefitsLn 9$44K$33K$4K$7K
Payroll taxesLn 10$32K$24K$3K$5K
Accounting feesLn 11c$11K$3K$8K
Other fees for servicesLn 11g$45K$30K$9K$5K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$11K$8K$1K$2K
OccupancyLn 16$30K$22K$3K$5K
TravelLn 17$2K$2K$92$37
Conferences, conventions and meetingsLn 19$4K$360$3K$498
Depreciation, depletion and amortizationLn 22$7K$7K
InsuranceLn 23$7K$5K$749$1K
Other expenses (24a–d)Ln 24$31K$27K$3K$1K
Total functional expensesLn 25$619K$451K$76K$93K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $958K$1.0M−$86K$256K 990 PDF
FY2024 $865K$872K−$7K$343K 990 PDF
FY2023 $802K$854K−$52K$350K 990 PDF
FY2022 $946K$841K$105K$402K 990 PDF
FY2021 Viewing $758K$619K$139K$297K 990 PDF
FY2020 $542K$648K−$106K$158K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $758,343 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $403,674$630,852
I-9 Program service revenuePrior year $138,202$127,184
I-10 Investment incomePrior year $40$46
I-11 Other revenuePrior year $275$261
I-12 Total revenuePrior year $542,191$758,343
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $503,757$470,365
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $143,989$149,108
I-18 Total expensesPrior year $647,746$619,473
I-19 Revenue less expensesPrior year −$105,555$138,870
Part VI · Governance 15 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $758,343 across 7 lines filed
VIII-1e Government grants$381,216
VIII-1f All other contributions, gifts and grants$249,636
VIII-1h Total contributions, gifts and grants$630,852
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $127,184$127,184
VIII-3 Investment incomeExcluded from tax $46$46
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $261$261
VIII-12 Total revenueRelated to mission $127,445 · Excluded from tax $46$758,343
Part IX · Statement of functional expenses $619,473 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $55,241 · Management $27,621 · Fundraising $9,207$92,069
IX-7 Other salaries and wagesPrograms $234,097 · Management $11,934 · Fundraising $55,594$301,625
IX-9 Other employee benefitsPrograms $32,554 · Management $4,451 · Fundraising $7,291$44,296
IX-10 Payroll taxesPrograms $24,023 · Management $3,171 · Fundraising $5,181$32,375
IX-11c Accounting feesPrograms $2,560 · Management $8,429$10,989
IX-11g Other fees for servicesPrograms $29,860 · Management $9,343 · Fundraising $5,412$44,615
IX-12 Advertising and promotionPrograms $1,335$1,335
IX-13 Office expensesPrograms $7,806 · Management $1,010 · Fundraising $2,099$10,915
IX-16 OccupancyPrograms $22,048 · Management $3,014 · Fundraising $4,938$30,000
IX-17 TravelPrograms $1,727 · Management $92 · Fundraising $37$1,856
IX-19 Conferences, conventions and meetingsPrograms $360 · Management $2,816 · Fundraising $498$3,674
IX-22 Depreciation, depletion and amortizationPrograms $7,223$7,223
IX-23 InsurancePrograms $5,477 · Management $749 · Fundraising $1,227$7,453
IX-24 Other expenses (24a–d)Programs $27,101 · Management $2,930 · Fundraising $1,017$31,048
IX-25 Total functional expensesPrograms $451,412 · Management $75,560 · Fundraising $92,501$619,473
Part X · Balance sheet $312,435 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $21,374$34,915
X-2 Savings and temporary cash investmentsStart of year $105,162$176,436
X-3 Pledges and grants receivableStart of year $101,620$60,866
X-4 Accounts receivableStart of year $1,200$11,200
X-9 Prepaid expenses and deferred chargesStart of year $21,690$17,388
X-10c Land, buildings and equipment, netStart of year $17,353$10,130
X-15 Other assetsStart of year $1,500$1,500
X-16 Total assetsStart of year $269,899$312,435
X-17 Accounts payable and accrued expensesStart of year $5,610$15,076
X-26 Total liabilitiesStart of year $111,410$15,076
X-27 Net assets without donor restrictionsStart of year $46,589$186,144
X-28 Net assets with donor restrictionsStart of year $111,900$111,215
X-32 Total net assets or fund balancesStart of year $158,489$297,359
X-33 Total liabilities and net assetsStart of year $269,899$312,435
Part XI · Reconciliation of net assets $297,359 net assets at year end
XI-1 Total revenue$758,343
XI-2 Total expenses$619,473
XI-3 Revenue less expenses$138,870
XI-4 Net assets at start of year$158,489
XI-10 Net assets at end of year$297,359

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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