2026-07-22T11:26:37-07:00 2024-12-31 010727068 Targeted Services PC 709 Clay Street Suite 102 Fort Wayne IN 46802 990 2024-01-01 874101298 Pearl Arts Inc PEAR 2603451979 234 Pearl Street Fort Wayne IN 46802 Doug Wood Secretary 2026-07-22 true true Patricia Oppor CPA P00234243 2602033121 2024 2025-03-06 01:10:19Z X Sharon Peters 234 Pearl Street Fort Wayne IN 46802 13343746 false X www.pearlarts.org X 2021 IN Pearl Arts, Inc. exists to serve Northeast Indiana as an interactive community arts, education, entrepreneurial, and engagement destination. 5 5 5 5 0 9854809 13205335 69985 37947 51243 2661 9892756 13329224 48895 0 204820 338964 0 130606 44964 496190 249784 884049 9642972 12445175 11926974 26443838 1134333 637702 10792641 25806136 Pearl Arts, Inc. exists to serve Northeast Indiana as an interactive community arts, education, entrepreneurial, and engagement destination. false false 685712 48895 69985 Academy:Current group classes and workshops include: Strings of Pearl: A semester-long ensemble for students in grades 312, focusing on string instruments. First Notes Ensemble: Designed for grades 512, emphasizing foundational ensemble skills. The Signature Keys of Jazz: A free jazz improvisation class for ages 13 and up, exploring jazz theory and performance. Note Navigators: A free music theory and composition class tailored for middle and high school students.Please see Schedule O for further information. 685712 true true false false false false false false false false true false false true true false false false false false false false false false false false false false true true false false false false false false false false false true false false false false false false false true 39 0 true 5 true false false false false false false false 0 false false false false false false false X 5 5 false false true false false false false true false false false true true false false false false true false false IN X X James W Palermo 2603451979 234 Pearl Street Fort Wayne IN 46802 James W Palermo Executive Dir. 40.00 0.00 X 185000 0 10038 Sharon Peters Chairwoman 2.00 0.00 X X 0 0 0 Doug Wood Secretary 2.00 0.00 X X 0 0 0 Jeff Sebeika Treasurer 2.00 0.00 X X 0 0 0 Ben Eisbart Vice Chairman 2.00 0.00 X X 0 0 0 Mary Fink Asst. Treasurer 2.00 0.00 X X 0 0 0 185000 10038 1 false true false Hagerman Inc 510 West Washington Blvd Fort Wayne IN 46802 Building Renovation 9268875 Sweetwater Integration 806 Beverly Parkway Pensacola FL 32505 AVL Systems Design & Inst 1113157 AlwaysOn Technologies 7100 W Jefferson Blvd Fort Wayne IN 46804 Building Control Systems 341236 Design Collaborative Inc 200 East Main Street Fort Wayne IN 46802 Architecture/Engineering 215776 Innovative Control Systems Inc 6315 Mutual Drive E Fort Wayne IN 46825 Building Control Systems 166246 5 13205335 6250 13205335 Student Music Lessons 611600 69985 69985 69985 51243 51243 0 0 17183 14522 2661 2661 2661 0 0 0 0 0 13329224 69985 53904 X 0 48895 48895 0 0 194701 38940 38940 116821 0 102492 97184 5308 0 22514 22514 19257 8994 2833 7430 0 10739 10739 3780 3780 0 0 0 169230 166249 2981 1050 1050 11653 5102 2334 4217 5089 2377 749 1963 0 43093 43093 12135 12135 0 0 0 0 148012 148012 3953 3711 67 175 Start Up Expenses 80205 80205 Program Supplies 6438 6438 Meals & Entertainment 813 813 0 884049 685712 67731 130606 1563641 1680890 0 15000 9683 0 0 0 0 14259 3489 21999580 148012 21851568 0 0 0 0 10349074 2883208 11926974 26443838 1134333 473064 1101 163537 1134333 637702 X 9249866 24394576 1542775 1411560 10792641 25806136 11926974 26443838 X 12445175 141940 2426380 X false false false X 726609 1398673 320115 2445397 0 0 726609 1398673 320115 2445397 2046892 398505 9 37947 51243 89199 0 26702 26702 2561298 21090 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19988956 108948 19880008 1650846 31285 1619561 359778 7779 351999 21851568 Artwork 135450 Construction in Progress Donated Facility Receivable 2568321 Piano 91900 Right-of-Use Asset 87537 2883208 Lease Liabiltiy 87537 Loaned Artwork 76000 163537 false 0 0 Scholarships 167 48895 Published academy rates Scholarship; lessons without a fee X X false false false false false false false false false James W Palermo Executive Dir. 185000 10038 195038 X 1 6250 Gallery Compar false false false Form 990, Part VI, Section A, Line 4 Among other minor changes, the by-laws were amended to redefine a quorum as "a majority of the members of the Board of Directors, notwithstanding any vacancy, shall constitute a quorum at any meeting of the Board of Directors". Form 990, Part VI, Section B, Line 11b The Board of Directors reviews a draft of Form 990 prior to filing. Form 990, Part VI, Section B, Line 15a The Board of Directors approved the Executive Director's compensation package prior to hire. Form 990, Part VI, Section C, Line 19 The Organization does not make its governing documents, conflict of interest policy or financial statements available to the general public. Form 990, Part XI, Line 9 Adopt ASC 842 Lease Accounting Standard 12/31/22 = $2600021 Form 990, Part XI, Line 9 In-Kind Lease Expense 2024 = -$165131 Form 990, Part XI, Line 9 Net effect adoption of ASC Lease Accounting Standard 2023 = -$8510 Amended Explanation Form 990 is being amended to reclassify as unusual gifts donations for capital improvements made in 2024.Form 990 is being amended to reclassify as unusual gifts donations for start-up operations made in 2024.Form 990 is being amended to disclose fees to independent contractors in excess of $100,000 in Part VII, Section B, line 1. Part III, Program Service Accomplishments (continued): Pearl Arts hosted one artist in residence in November, 2024. Ji Su Jung, world renowned marimba player, was featured in a 2-day residency as part of a special program collaboration with Fort Wayne Community Schools. It featured a play talk session for 250 middle and high school students, and sessions for percussionists and orchestra students at Wayne High School and Northrop High School. Summit City Flute Choir: A free ensemble for high school and amateur adult flutists, focusing on ensemble performance. Music in the Morning: A free adult music appreciation and participation class, offering a relaxed environment to explore music.A total of __ youth participated in lessons and related activities during fiscal 2024.The Academy served 275 students during its inaugural year (2024). Eight-hundred additional students were treated to a Master Class featuring the works of Count Basie during Pearl Arts' Grand Opening in November.