NonprofitsPearl Arts Inc

Arts, Culture & Humanities

Pearl Arts Inc

FORT WAYNE, IN

Total revenue

$13.3M

Total expenses

$876K

Net assets

$39.2M

Grants received

$24.3M

42 grants

EIN

874101298

Tax year

2024

Mission

Pearl Arts, Inc. exists to serve Northeast Indiana as an interactive community arts, education, entrepreneurial, and engagement destination.

Financials

FY 2024

Revenue

Contributions & grants$13.2M
Program service revenue$70K
Investment income$51K
Other revenue$3K
Total revenue$13.3M

Expenses

Grants paid$49K
Salaries & benefits$339K
Fundraising$131K
Other expenses$488K
Total expenses$876K
Total assets$39.8M
Net assets$39.2M

People

6 listed

NameRoleCompensation

James W Palermo

Executive Dir.

Board

$185K

40 hrs/wk

Sharon Peters

Chairwoman

Board

2 hrs/wk

Doug Wood

Secretary

Board

2 hrs/wk

Jeff Sebeika

Treasurer

Board

2 hrs/wk

Ben Eisbart

Vice Chairman

Board

2 hrs/wk

Mary Fink

Asst. Treasurer

Board

2 hrs/wk

Grants received

Showing 42 of 42

FromAmountPurposeYear
$1.9M
UNRESTRICTED DONATION
2024
$1.5M
UNRESTRICTED DONATION
2024
$1.5M
UNRESTRICTED DONATION
2024
$1.3M
UNRESTRICTED DONATION
2024
$1.1M
UNRESTRICTED DONATION
2024
$988K
UNRESTRICTED DONATION
2024
$917K
UNRESTRICTED DONATION
2024
$810K
UNRESTRICTED DONATION
2024
$736K
UNRESTRICTED DONATION
2024
$554K
UNRESTRICTED DONATION
2024
$458K
UNRESTRICTED DONATION
2024
$225K
UNRESTRICTED DONATION
2024
$191K
UNRESTRICTED DONATION
2024
$151K
UNRESTRICTED DONATION
2024
$125K
UNRESTRICTED DONATION
2024
$107K
UNRESTRICTED DONATION
2024
$104K
PEARL ARTS MUSIC ACADEMY
2024
$103K
UNRESTRICTED DONATION
2024
$98K
UNRESTRICTED DONATION
2024
$48K
UNRESTRICTED DONATION
2024
$36K
UNRESTRICTED DONATION
2024
$400K
CHARITABLE - OPERATING SUPPORT
2023
$25K
PROGRAMMING
2023
$100K
CHARITABLE - OPERATING SUPPORT
2022
$25K
PROGRAM SUPPORT
2022

Funded by

$24.3M from 9 funders · 42 grants · 2022–2024

Surack Family Foundation Inc

$18.0M · 32 grants · 2022–2024

The Robert Carrie And Bobbie Steck Family

$1.1M · 2 grants · 2022–2023

Paul Yergens & Virginia Y Rogers Fd

$500K · 2 grants · 2022–2023

English-Bonter-Mitchell Fdn

$104K · 1 grant · 2024

O'rourke Schof Family Foundation

$25K · 1 grant · 2022

Details

EIN874101298
NTEE codeA61
Subsection03
Ruling date2022-08
Formed2021
Employees5
Volunteers5
PEARL ARTS INC — Mission, Financials & Grants Received | Grantivo