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.
80¢ of each $1 spent went to programs.
$80K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · 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
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$80K
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
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
$85K
50% of total assets
Looks good: liabilities are 50% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$329K
+7% vs prior year
Spent
$358K
To programs
80%
Net assets
$86K
By yearFY2020–FY2024
Revenue
$329K
FY2023▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2020$140K
FY2021$232K
FY2022$306K
FY2023$329K
FY2024$421K
Expenses
$358K
FY2023▲ +56%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$201K
FY2022$230K
FY2023$358K
FY2024$348K
Net assets
$86K
FY2023▼ -25%
Tap a bar for its year
Net assets by fiscal year
FY2020$15K
FY2021$43K
FY2022$114K
FY2023$86K
FY2024$159K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 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

80 cents of each dollar spent went to programs.

Program services 80% · $287K Management & general 12% · $42K Fundraising 8% · $29K

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

9 people listed on the 990; $80K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$79,664Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$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.

See Praxis Integrated Fiber Workshop executive salaries →

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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 · $258K · in their own filed words · FY2023
01

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 two, six-month sessions during the year where one day workshops run on Saturdays and five week courses run in the evenings (approximately 75…

$116Kprogram expense
02

Our Digital Weaving Lab hosts two TC2 looms. These looms are manufactured in Norway and are the only looms with jacquard capability for the handweaver to use. We host two week residency programs where artists come from all over the world to acccess this equipment. We host 48 artist residents per year.

$90Kprogram expense
03

Praxis offers three tiers of membership for artists who wish to use our workshop as a 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/month allows 24/7 access to the facility.

$52Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$329K
Ln 12
Gifts and grantsLn 1h$187K
Fees for servicesLn 2g$132K
Other incomeLn 4–11$10K
Money outPt IX
$358K
Ln 25
Programscol B$287K
Managementcol C$42K
Fundraisingcol D$29K
Owns and owesPt X
$86K
net assets · Ln 32
Cash and savingsLn 1–2$18K
Total assetsLn 16$171K
LiabilitiesLn 26$85K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$187K
Fundraising eventsLn 1c$4K
Fees for servicesLn 2g$132K
Other incomeLn 4–11$10K
Total revenueLn 12$329K
Assets in detailPt X, end of year
CashLn 1$18K
Cash and savings togetherLn 1–2$18K
Land, buildings, equipmentLn 10c$137K
Other assetsLn 15$17K
Total assetsLn 16$171K
LiabilitiesLn 26$85K
Net assetsLn 32$86K
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 FY23End FY23
Cash and savingsLn 1–2$114K$18K
Land, buildings, equipmentLn 10c$81K$137K
Total assetsLn 16$210K$171K
LiabilitiesLn 26$96K$85K
Net assetsLn 32$114K$86K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$80K$32K$28K$20K
Other salaries and wagesLn 7$104K$104K
Other employee benefitsLn 9$477$477
Payroll taxesLn 10$16K$12K$2K$2K
Accounting feesLn 11c$1K$695$695
Other fees for servicesLn 11g$34K$31K$3K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$8K$7K$1K
OccupancyLn 16$50K$40K$7K$2K
TravelLn 17$189$189
Conferences, conventions and meetingsLn 19$12K$7K$5K
InterestLn 20$6K$6K
Depreciation, depletion and amortizationLn 22$17K$17K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$15K$15K
All other expensesLn 24e$7K$7K
Total functional expensesLn 25$358K$287K$42K$29K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $421K$348K$73K$159K 990 PDF
FY2023 Viewing $329K$358K−$29K$86K 990 PDF
FY2022 $306K$230K$76K$114K 990 PDF
FY2021 $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 FY2023 990 (6 parts)
Part I · Summary $328,808 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $259,612$186,530
I-9 Program service revenuePrior year $45,805$131,894
I-10 Investment income$0
I-11 Other revenuePrior year $533$10,384
I-12 Total revenuePrior year $305,950$328,808
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $123,933$200,505
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $106,339$157,615
I-18 Total expensesPrior year $230,272$358,120
I-19 Revenue less expensesPrior year $75,678−$29,312
Part VI · Governance 8 of 9 board members independent, 4 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members8
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 $328,808 across 7 lines filed
Lines not itemized here account for $10,063 of total revenue; see the IRS return.
VIII-1b Membership dues$28,902
VIII-1c Fundraising events$3,853
VIII-1f All other contributions, gifts and grants$153,775
VIII-1h Total contributions, gifts and grants$186,530
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $131,894$131,894
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $321$321
VIII-12 Total revenueRelated to mission $142,278 · Unrelated business $0 · Excluded from tax $0$328,808
Part IX · Statement of functional expenses $358,120 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $31,866 · Management $27,882 · Fundraising $19,916$79,664
IX-7 Other salaries and wagesPrograms $104,223$104,223
IX-9 Other employee benefitsPrograms $477$477
IX-10 Payroll taxesPrograms $11,944 · Management $2,421 · Fundraising $1,776$16,141
IX-11c Accounting feesPrograms $695 · Management $695$1,390
IX-11g Other fees for servicesPrograms $31,482 · Management $2,786$34,268
IX-12 Advertising and promotionPrograms $3,591$3,591
IX-13 Office expensesPrograms $6,849 · Management $1,209$8,058
IX-16 OccupancyPrograms $39,706 · Management $7,445 · Fundraising $2,482$49,633
IX-17 TravelPrograms $189$189
IX-19 Conferences, conventions and meetingsPrograms $6,941 · Fundraising $4,627$11,568
IX-20 InterestPrograms $5,805$5,805
IX-22 Depreciation, depletion and amortizationPrograms $17,279$17,279
IX-23 InsurancePrograms $4,369$4,369
IX-24 Other expenses (24a–d)Programs $14,654$14,654
IX-24e All other expensesPrograms $6,811$6,811
IX-25 Total functional expensesPrograms $286,881 · Management $42,438 · Fundraising $28,801$358,120
Part X · Balance sheet $171,405 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $114,010$17,502
X-10c Land, buildings and equipment, netStart of year $80,987$136,933
X-15 Other assetsStart of year $15,000$16,970
X-16 Total assetsStart of year $209,997$171,405
X-17 Accounts payable and accrued expenses$1,912
X-25 Other liabilities$723
X-26 Total liabilitiesStart of year $95,803$85,418
X-27 Net assets without donor restrictionsStart of year $114,194$85,987
X-32 Total net assets or fund balancesStart of year $114,194$85,987
X-33 Total liabilities and net assetsStart of year $209,997$171,405
Part XI · Reconciliation of net assets $85,987 net assets at year end
XI-1 Total revenue$328,808
XI-2 Total expenses$358,120
XI-3 Revenue less expenses−$29,312
XI-4 Net assets at start of year$114,194
XI-8 Prior period adjustments$1,105
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$85,987

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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