The mission of Praxis is to revitalize the field of Fiber art in the cleveland area by giving local artists and community members access to Fiber related equipment, classes and studio space. Praxis is dedicated to increasing awareness and expanding the field of contemporary Fiber art by creating an environment of experimentation, exhibition and communication locally and within the broader art community.

501(c)(3) charity; gifts are tax-deductible.
65¢ of each $1 spent went to programs.
$28K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $38K a year · 12% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
65%
of spending
Fine: 65% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$28K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $500
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$95K
69% of total assets
Worth a look: liabilities are 69% of assets; over 65%.
Pt X · Ln 26
Independent board members
0
of 4 voting members
Concern: none of 4 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$232K
+66% vs prior year
Spent
$201K
To programs
65%
Net assets
$43K
By yearFY2020–FY2024
Revenue
$232K
FY2021▲ +66%
Tap a bar for its year
Revenue by fiscal year
FY2020$140K
FY2021$232K
FY2022$306K
FY2023$329K
FY2024$421K
Expenses
$201K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$201K
FY2022$230K
FY2023$358K
FY2024$348K
Net assets
$43K
FY2021▲ +181%
Tap a bar for its year
Net assets by fiscal year
FY2020$15K
FY2021$43K
FY2022$114K
FY2023$86K
FY2024$159K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2015.

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

Where the money goes

65 cents of each dollar spent went to programs.

Program services 65% · $131K Management & general 35% · $69K Fundraising 0% · $129

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

4 people listed on the 990; $28K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$27,500Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Jessica Pinsky’s $76K as Executive Director is at the 71st percentile of top reported officer pay among 2216 $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

NameFY2024FY2023FY2022FY2021FY2020
Jessica Pinsky$75,779$79,664$29,000$27,500$20,000

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 15aNo

Programs and updates

Supports fiber artists with equipment, classes, and studio space to revitalize the art form.

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Provided by the organization

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3 programs · $131K · in their own filed words · FY2021
01

Community engagement. Praxis uses its resources to bring art to the local community for low cost or free workshops and classes. Some of these programs include, natural dye gardens in the residential neighborhoods of collinwood to engage the community about the importance of using plant based dye for the environment, mobile loom to bring…

$55Kprogram expense
02

Community classes. Praxis offers a variety of courses open to all community members. These courses specialize in the processes of textile arts such as weaving, fabric surface design and yarn spinning. There are 3, 3 month sessions during the year where 1 day workshops run on saturdays and 4 week courses run in the evenings (approx.

$53Kprogram expense
03

Communal space and membership. Praxis offers 3 tiers of membership for arts who wish to use our workshop as studio space. The basic membership level at 55/MONTH allows access during open studio hours only when praxis staff is present. The second tier, working membership for 125/MO allows 24/7 access to the facility.

$23Kprogram 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
Total grants receivedfrom 1 funder$500

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$232K
Ln 12
Gifts and grantsLn 1h$181K
Fees for servicesLn 2g$51K
Money outPt IX
$201K
Ln 25
Programscol B$131K
Managementcol C$69K
Fundraisingcol D$129
Owns and owesPt X
$43K
net assets · Ln 32
Cash and savingsLn 1–2$31K
Total assetsLn 16$138K
LiabilitiesLn 26$95K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$181K
Government grantsLn 1e$8K
Fees for servicesLn 2g$51K
Total revenueLn 12$232K
Assets in detailPt X, end of year
CashLn 1$31K
Cash and savings togetherLn 1–2$31K
Land, buildings, equipmentLn 10c$92K
Other assetsLn 15$15K
Total assetsLn 16$138K
LiabilitiesLn 26$95K
Net assetsLn 32$43K
OperationsPt I, VI
EmployeesI 55
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$8K$31K
Land, buildings, equipmentLn 10c$107K$92K
Total assetsLn 16$130K$138K
LiabilitiesLn 26$114K$95K
Net assetsLn 32$15K$43K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$76K$13K$63K
Payroll taxesLn 10$7K$3K$5K
Accounting feesLn 11c$2K$955$956
Other fees for servicesLn 11g$40K$40K$252$129
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$15K$14K$780
Information technologyLn 14$5K$5K
OccupancyLn 16$32K$32K
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$14K$14K
InsuranceLn 23$5K$5K
Total functional expensesLn 25$201K$131K$69K$129

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $421K$348K$73K$159K 990 PDF
FY2023 $329K$358K−$29K$86K 990 PDF
FY2022 $306K$230K$76K$114K 990 PDF
FY2021 Viewing $232K$201K$31K$43K 990 PDF
FY2020 $140K$15K 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 $232,048 revenue, 12 lines filed
I-8 Contributions and grants$181,452
I-9 Program service revenue$50,596
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenue$232,048
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$83,396
I-16a Professional fundraising fees$0
I-17 Other expenses$117,457
I-18 Total expenses$200,853
I-19 Revenue less expenses$31,195
Part VI · Governance 0 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $232,048 across 6 lines filed
VIII-1b Membership dues$24,578
VIII-1e Government grants$8,200
VIII-1f All other contributions, gifts and grants$148,674
VIII-1h Total contributions, gifts and grants$181,452
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $50,596$50,596
VIII-12 Total revenueRelated to mission $50,596$232,048
Part IX · Statement of functional expenses $200,853 across 11 lines filed
IX-7 Other salaries and wagesPrograms $13,078 · Management $62,913$75,991
IX-10 Payroll taxesPrograms $2,865 · Management $4,540$7,405
IX-11c Accounting feesPrograms $955 · Management $956$1,911
IX-11g Other fees for servicesPrograms $39,977 · Management $252 · Fundraising $129$40,358
IX-12 Advertising and promotionPrograms $2,449$2,449
IX-13 Office expensesPrograms $13,866 · Management $780$14,646
IX-14 Information technologyPrograms $4,732$4,732
IX-16 OccupancyPrograms $32,339$32,339
IX-20 InterestPrograms $1,622$1,622
IX-22 Depreciation, depletion and amortizationPrograms $14,314$14,314
IX-23 InsurancePrograms $5,086$5,086
IX-25 Total functional expensesPrograms $131,283 · Management $69,441 · Fundraising $129$200,853
Part X · Balance sheet $137,882 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $8,030$30,939
X-10c Land, buildings and equipment, netStart of year $106,787$91,943
X-15 Other assetsStart of year $15,000$15,000
X-16 Total assetsStart of year $129,817$137,882
X-17 Accounts payable and accrued expensesStart of year $1,724$883
X-25 Other liabilitiesStart of year $112,745$93,812
X-26 Total liabilitiesStart of year $114,469$94,695
X-27 Net assets without donor restrictionsStart of year $15,348$43,187
X-32 Total net assets or fund balancesStart of year $15,348$43,187
X-33 Total liabilities and net assetsStart of year $129,817$137,882
Part XI · Reconciliation of net assets $43,187 net assets at year end
XI-1 Total revenue$232,048
XI-2 Total expenses$200,853
XI-3 Revenue less expenses$31,195
XI-4 Net assets at start of year$15,348
XI-9 Other changes in net assets−$3,356
XI-10 Net assets at end of year$43,187

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

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