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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 2020. Filed on June 7, 2021.

2670 Wilhite 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 2020 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 $3,000. The highest compensated employee at Innovation Arts Academy Inc. is Mary Joy Nelson with fiscal year 2020 compensation of $3,000.

Revenue, expenses, and employee compensation

Revenue

$97,994

Expenses

$93,737

Employee compensation

$15,900
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mary Joy Nelson
Executive Director
$3,000
$3,000 No related compNo other comp
Jennifer Nime Palumbo
Board Chair
$0
Gary Kissick
Treasurer
$0
Elizabeth Hensley
Secretary
$0

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

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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