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Nonprofit · EIN 01-0573988

ARTS IMPACT INCORPORATED

Tax-exempt · CLEVELAND, OH 44114

Financials

$802K$854K2022$865K$872K2023$958K$1M2024
Revenue Expenses · by fiscal year end
Financials of ARTS IMPACT INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$957,952$1,044,279-$86,327$277,715$21,331$256,384
August 31, 2024990$865,062$872,149-$7,087$360,149$17,438$342,711
August 31, 2023990$801,511$853,623-$52,112$374,058$24,260$349,798
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$637,342
of which government grants
$475,498
Program service revenue
$319,110
Investment income
$1,498
Other revenue
$2

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$99,507
Other salaries and wages
$504,826
Salaries, compensation and benefits (total)
$706,561
Professional fundraising fees
$0
Accounting fees
$8,775
Occupancy
$70,783
Depreciation
$85
Program services (functional)
$818,433
Management and general (functional)
$95,475
Fundraising (functional)
$130,371

Balance sheet and other

Total assets, start of year
$360,149
Total assets, end of year
$277,715
Total liabilities, end of year
$21,331
Net assets, end of year
$256,384
Land, buildings and equipment
$2,527
Net assets without donor restrictions
$96,454
Net assets with donor restrictions
$159,930
Gross receipts
$957,952
Employees
7
Volunteers
6
Year formed
2002
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
DERRICK GRAHOVACEXECTUIVE DI
Officer
40$99,507
CLYDE MILESPRESIDENT
Trustee or director, Officer
2$0
MIKE FANOUSVICE PRESIDE
Trustee or director, Officer
1$0
DEBORAH O'NEILLTREASURER
Trustee or director, Officer
1$0
TODD A BENNISECRETARY
Trustee or director, Officer
1$0
KATY BOSICABOARD MEMBER
Trustee or director
1$0
DICK CAHOONBOARD MEMBER
Trustee or director
1$0
DAPHNE DEVETSCOBOARD MEMBER
Trustee or director
1$0
MIKE GRIFFITHBOARD MEMBER
Trustee or director
1$0
JASON HOEHNENBOARD MEMBER
Trustee or director
1$0
BETH A STRAUSSBOARD MEMBER
Trustee or director
1$0
STEPHEN G SOKANYBOARD MEMBER
Trustee or director
1$0
ERICA M THOMASBOARD MEMBER
Trustee or director
1$0
JANA BAZOLLIBOARD MEMBER
Trustee or director
1$0
LOUISE QUIGLEYBOARD MEMBER
Trustee or director
1$0
990 for the year ended August 31, 2024: 19 people
NameTitleHours / weekCompensation
DERRICK GRAHOVACEXECTUIVE DI
Officer
40$97,024
CLYDE MILESPRESIDENT
Trustee or director, Officer
2$0
MIKE FANOUSVICE PRESIDE
Trustee or director, Officer
1$0
DEBORAH O'NEILLTREASURER
Trustee or director, Officer
1$0
TODD A BENNISECRETARY
Trustee or director, Officer
1$0
KATY BOSICABOARD MEMBER
Trustee or director
1$0
DICK CAHOONBOARD MEMBER
Trustee or director
1$0
DAPHNE DEVETSCOBOARD MEMBER
Trustee or director
1$0
NICHOLAS DIGIORGIOBOARD MEMBER
Trustee or director
1$0
MIKE GRIFFITHBOARD MEMBER
Trustee or director
1$0
JASON HOEHNENBOARD MEMBER
Trustee or director
1$0
KEAF HOLLIDAYBOARD MEMBER
Trustee or director
1$0
KEVIN SHAWBOARD MEMBER
Trustee or director
1$0
BETH A STRAUSSBOARD MEMBER
Trustee or director
1$0
MICHELLE TOMALLOBOARD MEMBER
Trustee or director
1$0
APRIL WALKERBOARD MEMBER
Trustee or director
1$0
LENORA LNEZ BROWNBOARD MEMBER
Trustee or director
1$0
STEPHEN G SOKANYBOARD MEMBER
Trustee or director
1$0
ERICA M THOMASBOARD MEMBER
Trustee or director
1$0
990 for the year ended August 31, 2023: 17 people
NameTitleHours / weekCompensation
CLYDE MILESPRESIDENT
Trustee or director, Officer
2$0
MIKE FANOUSVICE PRESIDE
Trustee or director, Officer
1$0
DEBORAH O'NEILLTREASURER
Trustee or director, Officer
1$0
TODD A BENNISECRETARY
Trustee or director, Officer
1$0
RICHARD CAHOONBOARD MEMBER
Trustee or director
1$0
DAPHNE DEVETSCOBOARD MEMBER
Trustee or director
1$0
NICHOLAS DIGIORGIOBOARD MEMBER
Trustee or director
1$0
JASON HOEHNENBOARD MEMBER
Trustee or director
1$0
DJ SANTIAGOBOARD MEMBER
Trustee or director
1$0
KEVIN SHAWBOARD MEMBER
Trustee or director
1$0
BETH A STRAUSSBOARD MEMBER
Trustee or director
1$0
MICHELLE TOMALLOBOARD MEMBER
Trustee or director
1$0
APRIL WALKERBOARD MEMBER
Trustee or director
1$0
DERRICK GRAHOVACEXECTUIVE DI
Officer
40$0
LENORA LNEZ BROWNBOARD MEMBER
Trustee or director
1$0
STEPHEN G SOKANYBOARD MEMBER
Trustee or director
1$0
ERICA M THOMASBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
3311 PERKINS AVE STE 300, CLEVELAND, OH 44114-4642
Principal officer (990 for 2024)
DERRICK GRAHOVAC, 3311 PERKINS AVENUE SUITE 300, CLEVELAND, OH 44114
Signed the 990
DERRICK GRAHOVAC, EXECTUIVE DIRECTOR
Phone
(216) 772-4722
Return prepared by
MCMANAMON & CO LLC

Mission

ARTS IMPACT BRINGS LEARNING TO LIFE THROUGH ART. THE ORGANIZATION'S PRIMARY PURPOSE IS TO USE THE ARTS TO HELP CHILDREN LEARN, CREATE, IMAGINE, DREAM, EXPLORE, GROW, AND SUCCEED.

990 for the year ended August 31, 2025

Program accomplishments

  • ARTS IMPACT'S INNOVATIVE ARTS-INTEGRATED PROGRAMS RESPOND TO EDUCATIONAL TRENDS AND MEET THE NEEDS OF STUDENTS, TEACHERS, AND THE COMMUNITY OF GREATER CLEVELAND. THE ORGANIZATION HAS SERVED 50,000 STUDENTS DURING THE PAST 24 YEARS. OUR MISSION IS TO BRING LEARNING TO LIFE THROUGH ART. OUR PRIMARY PURPOSE IS TO USE THE ARTS TO HELP CHILDREN LEARN, CREATE, IMAGINE, DREAM, EXPLORE, GROW AND SUCCEED. ARTS IMPACT HAS BECOME AN IMPORTANT SCHOOL PARTNER FOR THE CLEVELAND METROPOLITAN SCHOOL DISTRICT (CMSD), IN PARTICULAR, BY PROVIDING MULTISESSION ARTS INTEGRATION RESIDENCIES THAT IMPACT ACHIEVEMENT AND INCREASE STUDENT ENGAGEMENT. FIRST GRADERS BUILD BIRD GLIDERS WHILE STUDYING LIFE SCIENCE. SECOND GRADERS CREATE DIGITAL STOP-MOTION ANIMATIONS ON IPADS WHILE STUDYING THE WEATHER AND ATMOSPHERE. THIS CREATIVE, HANDS-ON LEARNING HELPS THE CURRICULUM "STICK." SINCE 2023, ARTS IMPACT HAS BEEN OFFERING ARTS INTEGRATION THROUGH AN INTENSIVE DELEVERY MODEL IN TWO SCHOOLS. THIS IS PROVEN HIGHLY EFFECTIVE WITH PROGRAM EVALUATION SHOWING INCREASED STUDENT ENGAGEMENT AND JOY IN LEARNING. BOTH STUDENTS AND TEACHERS WERE HIGHLY SATISFIED WITH THE PROGRAM. SINCE 2019, ARTS IMPACT HAS OFFERED SERIES OF ARTS-BASED PROGRAMS FOR MIDDLE SCHOOL AND HIGH SCHOOL STUDENTS, TO EXPLICITLY ADDRESS SOCIAL AND EMOTIONAL LEARNING (SEL). EACH WORKSHOP INCLUDES INTRODUCTION OF AN SEL COMPETENCY, DISCUSSION, ACTIVITIES, AND AN ART PROJECT TO DEEPEN THE LEARNING OF THAT COMPETENCY. ARTS ENRICHMENT PROGRAMS TAKE PLACE IN SCHOOLS AND COMMUNITY ORGANIZATIONS DURING OUT-OF-SCHOOL TIME. THESE WORKSHOPS AND CAMPS ARE ARTS-BASED AND NOT TIED TO OTHER ASPECTS OF THE CURRICULUM AS THE STEAM AND SEL OFFERINGS ARE. PROFESSIONAL ARTISTS GUIDE STUDENTS TO PAINT MURALS, DESIGN LOGOS, SCULPT, DANCE, AND MORE. ARTS IMPACT ARTIST-EDUCATORS ALSO LEAD LOCAL EDUCATORS THROUGH PROFESSIONAL DEVELOPMENT OPPORTUNITIES TO BUILD SKILLS IN ARTS INTEGRATION
    Expenses $818,433

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
01-0573988
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$277,715
Income (IRS master file)
$957,952

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$957,952$1,044,279$277,715IRS
990August 2024$865,062$872,149$360,149IRS
990August 2023$801,511$853,623$374,058XML
990August 2022$945,601$841,050$434,363IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0573988).

Questions about ARTS IMPACT INCORPORATED

What is the EIN of ARTS IMPACT INCORPORATED?
The employer identification number (EIN) of ARTS IMPACT INCORPORATED is 01-0573988.
Is ARTS IMPACT INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to ARTS IMPACT INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ARTS IMPACT INCORPORATED file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ARTS IMPACT INCORPORATED due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ARTS IMPACT INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of ARTS IMPACT INCORPORATED?
The 990 for the year ended August 31, 2025 names DERRICK GRAHOVAC.
Who are the officers and directors of ARTS IMPACT INCORPORATED?
The 990 for the year ended August 31, 2025 lists 15 people; 1 received compensation from the organization, the highest $99,507 (DERRICK GRAHOVAC, EXECTUIVE DI).
How much revenue does ARTS IMPACT INCORPORATED have?
On its 990 for the year ended August 31, 2025 it reported revenue of $957,952, expenses of $1,044,279 and total assets of $277,715 at year end.

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