NonprofitsInnovation Arts Academy Inc

Arts, Culture & Humanities

Innovation Arts Academy Inc

LEXINGTON, KY

Total revenue

$262K

Total expenses

$258K

Net assets

$31K

Grants received

EIN

812571338

Tax year

2023

Mission

Innovation arts academy nurtures the creative spirit in children byproviding high quality performing arts training;encouraging the development of individual expression, leadership capacity, teamwork, and dynamic communication skills;supporting and developing arts professionals; andshowcasing the arts in the community.

Programs

2 programs

We showcase the talents of children in lexington, ky and the surrounding communities through performances and participation in community arts events. Innovation arts academy produces musicals, takes students to theater festivals and regional voice festivals.

Expenses: $69K

We provide professional development opportunities for arts educators and arts professionals. The academy employs 10-12 professional teaching artists for its students. Some of these artists also teach in the local colleges, universities and schools. The academy retains, on a contract basis, theatre staff for its productions, including a stage amanger, technical director, sound and lighting designers, costume desingers and set designers as well as prodiving training to interns.

Expenses: $11K

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$262K
Investment income
Other revenue
Total revenue$262K

Expenses

Grants paid
Salaries & benefits$104K
Fundraising
Other expenses$154K
Total expenses$258K
Total assets$36K
Net assets$31K

People

7 listed

NameRoleCompensation

MARY JO NELSON

EXECUTIVE DIRECTOR

Board

$18K

30 hrs/wk

ANGIE FIELDS

BOARD MEMBER

Board

5 hrs/wk

ERIN WALLET

TREASURER

Board

5 hrs/wk

ERIN SPALDING

BOARD MEMBER

Board

5 hrs/wk

SARAH MCMAHAN

SECRETARY

Board

5 hrs/wk

KELLEY NALLI

PRESIDENT

Board

5 hrs/wk

PAIGE RICE

DIRECTOR

Board

5 hrs/wk

Details

EIN812571338
NTEE codeA60
Subsection03
Ruling date2016-11
Formed2016
Employees0
Volunteers0
INNOVATION ARTS ACADEMY INC — Mission, Financials & Grants Received | Grantivo