Art Expression INC EIN 26-1464430 Form 990 (PDF) Claim this org

Art Expression INC FY2023 filing

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Offers art therapy programs to help children learn and heal. For fiscal year 2023 it reported $64K in revenue, $48K in expenses, and $75K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Pittsburgh, PA
Website
www.artexpressioninc.org
Filings
5 on file (2020–2023)
Revenue
$64KFY2023
Expenses
$48K
Net assets
$75K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  26-1464430 Public charity (501(c)(3)) Pittsburgh, PA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Offers art therapy programs to help children learn and heal.
Leadership
Angela M Lowden · Founder / President / Director
Money in and out
$64K revenue, $48K expenses
Bottom line
98% program efficiency
Where the money goes · FY2023
Total revenue
$64K
Pt VIII · Ln 12
Total expenses
$48K
Pt IX · Ln 25
Net assets
$75K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $17K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs
Operating runway
23.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+26%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$64K
FY2023▲ +58%
Expenses
$48K
FY2023▲ +6%
Total assets
$75K
FY2023▲ +29%
Total liabilities
$0
FY2023
Total revenue
$64K
Pt VIII · Ln 12
Total expenses
$48K
Pt IX · Ln 25
Net assets
$75K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$17K
Total assetsPt X · Ln 16$75K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArt Expression INC
EINHdr · item D26-1464430
Principal addressHdr · item CPittsburgh, PA
WebsiteHdr · item Jwww.artexpressioninc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A25)
Ruling yearIRS BMFAug 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Founder / President / Director
$0Pt VII · Sec A
Vice-President / Director
$0Pt VII · Sec A
Secretary / Director
$0Pt VII · Sec A
Treasurer / Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $31K of program spending, described in the organization's own filed words · FY2023.
01

City of Pittsburgh Public Schools

Provide summertime educational programs supporting the visual arts to assist with social development of children through art therapyin the city of pittsburgh public schools,

$12Kprogram expense
02

Carlynton School District

Provide summertime educational programs supporting the visual arts to assist with social development of children through art therapy

$10Kprogram expense
03

Homeless Childrens'education Foundation

Provide educational programs supporting the visual arts to assistwith social development of children through art therapy in thehomeless children's shelters.

$9Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$37K · 57%
Program service revenue$28K · 43%
Investment income$332 · 1%
Contributions & grants57%$37K
Program service revenue43%$28K
Investment income1%$332
Total revenueLn 12$64K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$47K
Management & general2%$962
Total functional expensesLn 25$48K

Balance Sheet

Part X · end of year
CashLn 1$75K
Total assetsLn 16$75K
Total liabilitiesLn 26$0
Total net assetsLn 32$75K
Months of cash on handcomputed18.8

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $75K · Operating expenses (Pt IX) $48K · Less non-cash grants $10K · Cash operating expenses/yr $38K
23.9 months
Where the money goes
Program services
Program services $47K · Total expenses $48K
98%
Management & General
Management & general $962 · Total expenses $48K
2%
Fundraising
Fundraising $0 · Total expenses $48K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $37K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $37K · Total revenue $64K
57%
Government reliance
Government grants — · Total revenue $64K
Earned-income share
Program service revenue $28K · Total revenue $64K
43%
Investment reliance
Investment income $332 · Total revenue $64K
+0.5%
Program self-sufficiency
Program service revenue $28K · Total expenses $48K
58%
Growth & trend
Revenue growth (YoY)
This year $64K · Prior year $41K
+58%
Net-asset trend (YoY)
End of year $75K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $64K · Expenses $48K
+26%
Liabilities-to-Assets
Total liabilities — · Total assets $75K
Net-asset ratio
Net assets $75K · Total assets $75K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $75K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Angela M Lowden · Reported title FOUNDER / PRESIDENT / DIRECTOR · Highest reported compensation $0 · Total expenses $48K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $48K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Fundraising cost ratio 0%
Revenue growth 58%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 16 grants · $80K · 2020–2022
Crafton Elementary SchoolFY2022$20,548
Homeless Childrens Education FundFY2022$10,102
Pittsburgh LangleyFY2022$6,226
Wayneburg Central ElementaryFY2022$5,666
Margaret Bell Middle SchoolFY2022$1,304
Crafton Elementary SchoolFY2021$10,335
Homeless Childrens Education FundFY2021$4,560
South Hills Middle SchoolFY2021$4,325
City of Pittsburgh Public SchoolsFY2021$3,976
Christian Home of JohnstownPA · FY2021$1,035
Arsenal Middle SchoolFY2021$810
Salvation ArmyFY2021$442
City of Pittsburgh Public SchoolsFY2020$4,488
Homeless Childrens Education FundFY2020$3,744
Margaret Bell Miller Middle SchoolFY2020$1,302

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$30K revenue · ⤓ 990 PDF
FY2023$64K revenue · viewing · ⤓ 990 PDF
FY2022$41K revenue · ⤓ 990 PDF
FY2021$44K revenue · ⤓ 990 PDF
FY2020$32K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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