STRATEGY STUDIO / PUBLIC DATA EXPLORER

CLEVELAND ARTS PRIZE: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CLEVELAND ARTS PRIZE (EIN 01-0627754)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-07-19
IRS object ID
202412019349300916
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-07-19T15:12:11-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN371444752PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BEATREZ & COMPANY CPASBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line128018 TERRACE DRAddressLine1Txt
CityNORTH OLMSTEDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP440704964ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN010627754EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CLEVELAND ARTS PRIZEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCLEVBusinessNameControlTxt
Phone2163210012PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 21126AddressLine1Txt
CitySOUTH EUCLIDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44121ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonASEELAH SHAREEFPersonNm
Person TitleBOARD CHAIRPersonTitleTxt
Phone2163210012PhoneNum
Signature2024-06-03SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstASEELAHPersonFirstNm
Person LastSHAREEFPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHILARY FRANK BEATREZ CPAPreparerPersonNm
PTINP00240357PTIN
Phone4406681270PhoneNum
Preparation2024-06-03PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerEFTIHIA TSENGASPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 21126AddressLine1Txt
CitySOUTH EUCLIDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44121ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$266,266GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressCLEVELANDARTSPRIZE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2002FormationYr
Legal Domicile StateOHLegalDomicileStateCd
Activity Or MissionTHE CLEVELAND ARTS PRIZE IDENTIFIES, REWARDS, PUBLICLY HONORS AND PROMOTES THOSE CREATIVE ARTISTS WHOSE ORIGINAL WORK AND ACCOMPLISHMENTS HAVE SET A STANDARD OF EXCELLENCE TO WHICH OTHER ARTISTS CAN ASPIRE. ADDITIONALLY, THE CLEVELAND ARTS PRIZE RECOGNIZES THE CONTRIBUTIONS OF INDIVIDUALS AND ORGANIZATIONS THAT HAVE EXPANDED THE COMMUNITY'S PARTICIPATION IN THE ARTS AND HELPED MAKE THE REGION MORE HOSPITABLE TO CREATIVE ARTISTIC EXPRESSION.ActivityOrMissionDesc
Voting Members Governing Body23VotingMembersGoverningBodyCnt
Voting Members Independent21VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$102,768PYContributionsGrantsAmt
CY Contributions Grants$204,401CYContributionsGrantsAmt
PY Program Service Revenue$77,337PYProgramServiceRevenueAmt
CY Program Service Revenue$61,833CYProgramServiceRevenueAmt
PY Investment Income$14PYInvestmentIncomeAmt
CY Investment Income$32CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$180,119PYTotalRevenueAmt
CY Total Revenue$266,266CYTotalRevenueAmt
PY Grants And Similar Paid$47,400PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$55,700CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$55,033PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$81,236CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$15,419CYTotalFundraisingExpenseAmt
PY Other Expenses$132,509PYOtherExpensesAmt
CY Other Expenses$106,039CYOtherExpensesAmt
PY Total Expenses$234,942PYTotalExpensesAmt
CY Total Expenses$242,975CYTotalExpensesAmt
PY Revenues Less Expenses-$54,823PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$23,291CYRevenuesLessExpensesAmt
Total Assets BOY$533,353TotalAssetsBOYAmt
Total Assets EOY$591,134TotalAssetsEOYAmt
Total Liabilities BOY$3,045TotalLiabilitiesBOYAmt
Total Liabilities EOY$48,432TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$530,308NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$542,702NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE CLEVELAND ARTS PRIZE IDENTIFIES, REWARDS, PUBLICLY HONORS AND PROMOTES THOSE CREATIVE ARTISTS WHOSE ORIGINAL WORK AND ACCOMPLISHMENTS HAVE SET A STANDARD OF EXCELLENCE TO WHICH OTHER ARTISTS CAN ASPIRE. ADDITIONALLY, THE CLEVELAND ARTS PRIZE RECOGNIZES THE CONTRIBUTIONS OF INDIVIDUALS AND ORGANIZATIONS THAT HAVE EXPANDED THE COMMUNITY'S PARTICIPATION IN THE ARTS AND HELPED MAKE THE REGION MORE HOSPITABLE TO CREATIVE ARTISTIC EXPRESSION.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$179,662ExpenseAmt
Grant$55,700GrantAmt
DescCLEVELAND ARTS PRIZE ("CAP") HELD ITS 62ND ANNUAL AWARDS EVENT ON NOVEMBER 2, 2022 AT THE CLEVELAND MUSEUM OF ART. CAP AWARDED FIVE WORKING ARTISTS ACROSS ALL DISCIPLINES IN EMERGING, MID-CAREER, AND LIFETIME ACHIEVEMENT STAGES OF THEIR CAREER AN UNRESTRICTED PRIZE OF 10,000 EACH. CAP ALSO GAVE HONORARY RECOGNITION TO TWO COMMUNITY LEADERS AND ARTS ADVOCATES FOR THEIR WORK IN THE NORTHEAST OHIO REGION AND BEYOND. THE CEREMONY ALSO REENGAGED PAST WINNERS IN PERFORMANCES AND PRESENTATIONS, AND UNITED CREATIVE INDIVIDUALS ACROSS DISCIPLINES AND ACROSS GENERATIONS. CAP AWARDED FOUR SCHOLARSHIPS THROUGH AREA SCHOOLS TO HIGH SCHOOL AND COLLEGE LEVEL STUDENTS, HELD A FUNDRAISER FEATURING PAST CAP WINNERS IN PERFORMANCE AND SHORT TALKS, AND WAS THE FISCAL MANAGER OF THE INAUGURAL SILENT FILM FESTIVAL, FEATURING A MEMBER OF CAP'S PAST MASTERS' PROGRAM.Desc
Total Program Service Expenses$179,662TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee1EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members23GoverningBodyVotingMembersCnt
Independent Voting Member21IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonERIN JESSONPersonNm
Phone2163210012PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 21126AddressLine1Txt
CitySOUTH EUCLIDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44121ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
ERIN JESSON
DIR. OF OPER40.00Yes (X)$54,277$0$0
EFTIHIA TSENGAS
EXECUTIVE DI40.00Yes (X)$21,750$0$0Yes (X)
KATIE ALTADONNA
TRUSTEE1.00$0$0$0Yes (X)
ADAM BANKS
TRUSTEE1.00$0$0$0Yes (X)
MICHAEL BELKIN
VICE CHAIR1.00Yes (X)$0$0$0Yes (X)
BRIAN CAINE
TRUSTEE1.00$0$0$0Yes (X)
PARRY DAIUTO
TRUSTEE1.00$0$0$0Yes (X)
BARBARA FAZIO
TRUSTEE1.00$0$0$0Yes (X)
KATHY FUTEY
TREASURER2.00Yes (X)$0$0$0Yes (X)
PAM GILL
VICE CHAIR1.00Yes (X)$0$0$0Yes (X)
DEBORAH GLOSSERMAN
SECRETARY1.00Yes (X)$0$0$0Yes (X)
RODERICK INGRAM
TRUSTEE1.00$0$0$0Yes (X)
AISIA JONES
TRUSTEE1.00$0$0$0Yes (X)
KURT KARAKUL
TRUSTEE1.00$0$0$0Yes (X)
CINDY KATZENNMEYER
TRUSTEE1.00$0$0$0Yes (X)
KELLY MASTERS
TRUSTEE1.00$0$0$0Yes (X)
TODD MESEK
TRUSTEE1.00$0$0$0Yes (X)
GRAFTON NUNES
TRUSTEE1.00$0$0$0Yes (X)
SANGEETA PRAKASH
TRUSTEE1.00$0$0$0Yes (X)
MARTIN RUEBEN
TRUSTEE1.00$0$0$0Yes (X)
ASEELAH SHAREEF
BOARD CHAIR2.00Yes (X)$0$0$0Yes (X)
BRIAN SOKOL
TRUSTEE1.00$0$0$0Yes (X)
MICHAEL WEIL
TRUSTEE1.00$0$0$0Yes (X)
H SCOTT WESTOVER
TRUSTEE1.00$0$0$0Yes (X)
SUSAN PALEY ZAK
TRUSTEE1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$76,027TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$204,401AllOtherContributionsAmt
Total Contributions$204,401TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
EVENT ADMISSIONS711300$57,953$57,953
OTHER EVENT REVENUE711300$3,880$3,880
FieldValueIRS element (for citing)
Total Program Service Revenue$61,833TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$32TotalRevenueColumnAmt
Exclusion$32ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$266,266TotalRevenueColumnAmt
Related Or Exempt Func Income$57,953RelatedOrExemptFuncIncomeAmt
Exclusion$3,912ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$55,700TotalAmt
Program Services$55,700ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$71,750TotalAmt
Program Services$36,312ProgramServicesAmt
Management And General$28,263ManagementAndGeneralAmt
Fundraising$7,175FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,277TotalAmt
Program Services$1,710ProgramServicesAmt
Management And General$2,139ManagementAndGeneralAmt
Fundraising$428FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$5,209TotalAmt
Program Services$2,082ProgramServicesAmt
Management And General$2,606ManagementAndGeneralAmt
Fundraising$521FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$7,727TotalAmt
Management And General$7,727ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,000TotalAmt
Program Services$2,000ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$20,999TotalAmt
Program Services$8,692ProgramServicesAmt
Management And General$5,063ManagementAndGeneralAmt
Fundraising$7,244FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,125TotalAmt
Management And General$1,125ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
EVENT EXPENSES$72,958$72,958
MISCELLANEOUS$1,230$208$971$51

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$242,975TotalAmt
Program Services$179,662ProgramServicesAmt
Management And General$47,894ManagementAndGeneralAmt
Fundraising$15,419FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$15,587BOYAmt
EOY$30,906EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$11,447BOYAmt
EOY$61,775EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$6,792LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$6,792LandBldgEquipAccumDeprecAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$506,319BOYAmt
EOY$498,453EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$533,353BOYAmt
EOY$591,134EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,045BOYAmt
EOY$18,432EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
EOY$30,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,045BOYAmt
EOY$48,432EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$23,989BOYAmt
EOY$44,249EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$506,319BOYAmt
EOY$498,453EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$530,308BOYAmt
EOY$542,702EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$533,353BOYAmt
EOY$591,134EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$23,291ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$10,897NetUnrlzdGainsLossesInvstAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$128,952CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$80,616CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,262CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$102,768CurrentTaxYearMinus1YearAmt
Current Tax Year$204,401CurrentTaxYearAmt
Total$517,999TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$128,952CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$80,616CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,262CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$102,768CurrentTaxYearMinus1YearAmt
Current Tax Year$204,401CurrentTaxYearAmt
Total$517,999TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$61,900SubstantialContributorsTotAmt
Public Support Total170$456,099PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$56CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$15CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$20CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14CurrentTaxYearMinus1YearAmt
Current Tax Year$32CurrentTaxYearAmt
Total$137TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$52,501CurrentTaxYearMinus1YearAmt
Current Tax Year$2,880CurrentTaxYearAmt
Total$55,381TotalAmt
FieldValueIRS element (for citing)
Total Support$573,517TotalSupportAmt
Gross Receipts Rltd Activities$81,789GrossReceiptsRltdActivitiesAmt
Public Support CY1700.79530PublicSupportCY170Pct
Public Support PY1700.80070PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$506,320BeginningYearBalanceAmt
Contributions$3,031ContributionsAmt
Investment Earnings Or Losses$71,128InvestmentEarningsOrLossesAmt
Grants Or Scholarships-$73,823GrantsOrScholarshipsAmt
Administrative Expenses-$8,202AdministrativeExpensesAmt
End Year Balance$498,454EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$633,951BeginningYearBalanceAmt
Contributions$2,864ContributionsAmt
Investment Earnings Or Losses-$85,901InvestmentEarningsOrLossesAmt
Grants Or Scholarships-$35,950GrantsOrScholarshipsAmt
Administrative Expenses-$8,644AdministrativeExpensesAmt
End Year Balance$506,320EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$702,493BeginningYearBalanceAmt
Contributions$2,727ContributionsAmt
Investment Earnings Or Losses$78,601InvestmentEarningsOrLossesAmt
Grants Or Scholarships-$36,394GrantsOrScholarshipsAmt
Administrative Expenses-$8,800AdministrativeExpensesAmt
End Year Balance$633,951EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$701,893BeginningYearBalanceAmt
Contributions$600ContributionsAmt
Investment Earnings Or Losses$79,247InvestmentEarningsOrLossesAmt
Grants Or Scholarships-$100GrantsOrScholarshipsAmt
Administrative Expenses-$8,457AdministrativeExpensesAmt
End Year Balance$702,493EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$701,893BeginningYearBalanceAmt
Investment Earnings Or Losses$71,247InvestmentEarningsOrLossesAmt
Grants Or Scholarships-$31,730GrantsOrScholarshipsAmt
Administrative Expenses-$3,004AdministrativeExpensesAmt
End Year Balance$701,893EndYearBalanceAmt
FieldValueIRS element (for citing)
Term Endowment Balance EOY1.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,792OtherCostOrOtherBasisAmt
Depreciation$6,792DepreciationAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescHELD AT CLEVELAND FOUNDATIONDesc
Book Value$498,453BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$498,453TotalBookValueSecuritiesAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 2, PART V, LINE 4FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION ESTABLISHED ORGANIZATIONAL ENDOWMENT FUNDS IN 2002 AND 2008 WITH THE CLEVELAND FOUNDATION (THE "FOUNDATION"). OTHER DONORS ALSO MAKE CONTRIBUTIONS TO THE ORGANIZATIONAL ENDOWMENT FUNDS. THE AGREEMENTS WITH THE FOUNDATION INCLUDE THE PROVISION THAT UP TO 6% OF FUND VALUES MAY BE TRANSFERRED ANNUALLY TO THE ORGANIZATION FOR OPERATIONAL SUPPORT AND TO HELP SUBSIDIZE PRIZE AWARDS. FURTHER, A PROVISION IN THE FUND AGREEMENTS PERMITS THE RETURN OF PRINCIPAL TO THE ORGANIZATION WITH APPROVAL OF TWO- THIRDS OF THE ORGANIZATION'S BOARD OF DIRECTORS. THE FOUNDATION HAS VARIANCE POWER TO REDIRECT DISTRIBUTIONS TO OTHER BENEFICIARIES UNDER LIMITED CIRCUMSTANCES.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
ARTS PRIZE AWARDS5$50,000
SCHOLARSHIPS4$5,700

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationPRIZE AWARDS: THE JURORS ARE MADE UP OF COMMUNITY MEMBERS, THOSE CONSIDERED EXPERTS IN THEIR RESPECTIVE FIELDS, AND FORMER ARTS PRIZE WINNERS. EACH DISCIPLINE HAS ITS OWN JURY. THESE JURIES (5) DETERMINE UP TO THREE FINALISTS THROUGH AN INDIVIDUAL ONLINE REVIEW OF THE CANDIDATES APPLICATIONS, AND THEN THROUGH DISCUSSION AT A JURY MEETING. CAP STAFF & BOARD IS PRESENT AT THE JURY MEETINGS TO ANSWER TECHNICAL QUESTIONS REGARDING THE JURY PROCESS BUT AT NO TIME IS ABLE TO OFFER COMMENT ON THE ACTUAL CANDIDATES THEMSELVES. DURING THE ONLINE REVIEW AND AGAIN IN THE MEETINGS JURORS ARE ASKED WHETHER OR NOT THEY HAVE A CONFLICT OF INTEREST WITH EACH CANDIDATE. THERE IS ALSO A CONTRACT THEY SIGN, STATING THEY AGREE TO DISCLOSE ANY CONFLICTS. THE OTHER JURY MEMBERS GET TO DECIDE IF THE CONFLICTS SHOULD RESTRICT THAT JUROR FROM DISCUSSION. SAME GOES FOR THE SPECIAL PRIZE JURY. THERE IS ONE ADDITIONAL STEP FOR THE DISCIPLINE PRIZES, ONCE EACH OF THE 5 JURIES SENDS FORTH THEIR FINALISTS, THERE IS A NEW SET OF JURORS CALLED THE ACADEMY. THIS GROUP DOES AN INDIVIDUAL ONLINE REVIEW OF ONLY THE FINALISTS. THESE VOTES DETERMINE THE WINNERS, OF WHICH THERE ARE UP TO 5. SCHOLARSHIPS: SCHOLARSHIP WINNERS ARE ALL CHOSEN BY THEIR RESPECTIVE SCHOOLS AND ARE NOT VETTED BY OUR ORGANIZATION.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTHE CLEVELAND ARTS PRIZE IDENTIFIES, REWARDS, PUBLICLY HONORS AND PROMOTES THOSE CREATIVE ARTISTS WHOSE ORIGINAL WORK AND ACCOMPLISHMENTS HAVE SET A STANDARD OF EXCELLENCE TO WHICH OTHER ARTISTS CAN ASPIRE. ADDITIONALLY, THE CLEVELAND ARTS PRIZE RECOGNIZES THE CONTRIBUTIONS OF INDIVIDUALS AND ORGANIZATIONS THAT HAVE EXPANDED THE COMMUNITY'S PARTICIPATION IN THE ARTS AND HELPED MAKE THE REGION MORE HOSPITABLE TO CREATIVE ARTISTIC EXPRESSION.
FORM 990, PAGE 2, PART III, LINE 4ACLEVELAND ARTS PRIZE ("CAP") HELD ITS 62ND ANNUAL AWARDS EVENT ON NOVEMBER 2, 2022 AT THE CLEVELAND MUSEUM OF ART. CAP AWARDED FIVE WORKING ARTISTS ACROSS ALL DISCIPLINES IN EMERGING, MID-CAREER, AND LIFETIME ACHIEVEMENT STAGES OF THEIR CAREER AN UNRESTRICTED PRIZE OF 10,000 EACH. CAP ALSO GAVE HONORARY RECOGNITION TO TWO COMMUNITY LEADERS AND ARTS ADVOCATES FOR THEIR WORK IN THE NORTHEAST OHIO REGION AND BEYOND. THE CEREMONY ALSO REENGAGED PAST WINNERS IN PERFORMANCES AND PRESENTATIONS, AND UNITED CREATIVE INDIVIDUALS ACROSS DISCIPLINES AND ACROSS GENERATIONS. CAP AWARDED FOUR SCHOLARSHIPS THROUGH AREA SCHOOLS TO HIGH SCHOOL AND COLLEGE LEVEL STUDENTS, HELD A FUNDRAISER FEATURING PAST CAP WINNERS IN PERFORMANCE AND SHORT TALKS, AND WAS THE FISCAL MANAGER OF THE INAUGURAL SILENT FILM FESTIVAL, FEATURING A MEMBER OF CAP'S PAST MASTERS' PROGRAM.
FORM 990, PAGE 6, PART VI, LINE 2EFTIHIA TSENGAS GRAFTON NUNES FAMILY
FORM 990, PAGE 6, PART VI, LINE 11BFORM 990 IS REVIEWED BY THE ORGANIZATION'S MANAGEMENT AND SELECT MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS.
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS, INCLUDING FINANCIAL STATEMENTS, ARE PROVIDED TO ANYONE UPON REQUEST.