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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Arts, Culture & Humanities Innovation Arts Academy Inc.

Innovation Arts Academy Inc.

Fiscal year ending 2024. Filed on January 15, 2025.

326 Stratford Dr
Lexington, Kentucky 40503

Innovation Arts Academy Inc. (EIN: 81-2571338) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, Innovation Arts Academy Inc., a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $18,000. The highest compensated employee at Innovation Arts Academy Inc. is Mary Jo Nelson with fiscal year 2024 compensation of $18,000.

Revenue, expenses, and employee compensation

Revenue

$262,338

Expenses

$258,275

Employee compensation

$104,245
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mary Jo Nelson
Executive Director
$18,000
$18,000 No related compNo other comp
Paige Rice
Director
$0
Kelley Nalli
President
$0
Sarah McMahan
Secretary
$0

Benchmark Employee Compensation

Non-Employee Board Members

Angie Fields
Board Member
Erin Spalding
Board Member
Erin Wallet
Treasurer

Mission Statement

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.

Revisions to this organization profile

January 15, 2025:
2024 Innovation Arts Academy Inc. 990 filed
May 24, 2024:
2023 Innovation Arts Academy Inc. 990 filed
January 23, 2023:
2021 Innovation Arts Academy Inc. 990 filed

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