NonprofitsWoodward Development Corporation

Arts, Culture & Humanities

Woodward Development Corporation

MOUNT VERNON, OH

Total revenue

$1.4M

Total expenses

$943K

Net assets

$16.9M

Grants received

$783K

9 grants

EIN

311573317

Tax year

2024

Mission

To support the performing arts and the heritage of knox county beginning with the renovation, restoration and operation of the woodward opera house and to engage in any lawful art or activity permitted under the ohio revised code section 1702.1 to 1202.87 inclusive.

Programs

2 programs

Initiated a multi-million dollar restoration projected for the 2nd oldest theater in the united states - the woodward opera house cir 1851, that will house a healthy local foods initiative store and cafe in a food deficient neighborhood as well as arts and conference space to support the woodward arts and community development initiative.

Initiated a multi-million dollar restoration project for the 1885 c.g. Cooper building that will house a healthy local foods initiative community kitchen processing facility in a food deficient neighborhood as well as arts and conference space to support the woodward arts and community development initiative.

Financials

FY 2024

Revenue

Contributions & grants$259K
Program service revenue$886K
Investment income$146
Other revenue$288K
Total revenue$1.4M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$943K
Total expenses$943K
Total assets$17.1M
Net assets$16.9M

People

9 listed

NameRoleCompensation

LARRY GRINDLE

CHAIR

Board

15 hrs/wk

MAUREEN BUCHWALD

VICE-CHAIR

Board

0

CHARLES KINDEL

SECRETARY

Board

0

SUSAN RAMSER

TRUSTEE

Board

0

ANN LAUDEMAN

TRUSTEE

Board

0

BARRY LESTER

TRUSTEE

Board

0

DAVID STULLER

TRUSTEE

Board

15 hrs/wk

JAY NIXON

TRUSTEE

Board

0

LAURA WEBSTER

TRUSTEE

Board

0

Grants received

Showing 9 of 9

FromAmountPurposeYear
$54K
Annual Designation
2024
$90K
OPERA HOUSE AND ANNEX CONSTRUCTION, MANAGEMENT AND PROJECT SUPPORT
2023
$51K
Annual Designation
2023
$97K
Annual Designation
2022
$90K
OPERA HOUSE AND ANNEX CONSTRUCTION, MANAGEMENT AND PROJECT SUPPORT
2022
$26K
FINAL PROJECT COMPLETION SUPPORT
2022
$202K
ORGANIZATION OPERATION SUPPORT
2020
$90K
OPERA HOUSE AND ANNEX CONSTRUCTION / MANAGEMENT AND PROJECT SUPPORT
2020
$81K
FINAL PROJECT COMPLETION SUPPORT
2020

Funded by

$783K from 2 funders · 9 grants · 2020–2024

The Ariel Foundation

$580K · 6 grants · 2020–2023

Knox County Foundation

$202K · 3 grants · 2022–2024

Details

EIN311573317
NTEE codeA82Z
Subsection03
Ruling date1998-04
Formed1998
Employees0
Volunteers25
WOODWARD DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo