Skip to main content

Nonprofit · EIN 01-0627754

CLEVELAND ARTS PRIZE

Tax-exempt · CLEVELAND, OH 44121

Financials

$266K$243K2023$350K$247K2024$414K$297K2025
Revenue Expenses · by fiscal year end
Financials of CLEVELAND ARTS PRIZE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$413,853$296,608$117,245$865,837$23,194$842,643
December 31, 2024990$350,187$246,647$103,540$715,225$30,000$685,225
December 31, 2023990$266,266$242,975$23,291$591,134$48,432$542,702
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$367,088
of which government grants
$9,760
Program service revenue
$41,745
Investment income
$5,020
Other revenue
$0

Expenses

Grants and similar amounts paid
$57,000
Compensation of officers, directors and key employees
$58,000
Other salaries and wages
$55,280
Salaries, compensation and benefits (total)
$120,923
Professional fundraising fees
$0
Accounting fees
$6,444
Depreciation
$162
Program services (functional)
$202,014
Management and general (functional)
$58,650
Fundraising (functional)
$35,944

Balance sheet and other

Total assets, start of year
$715,225
Total assets, end of year
$865,837
Total liabilities, end of year
$23,194
Net assets, end of year
$842,643
Land, buildings and equipment
$1,927
Net assets without donor restrictions
$160,549
Net assets with donor restrictions
$682,094
Gross receipts
$413,853
Employees
2
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
EFTIHIA TSENGASEXECUTIVE DI
Officer
40$58,000
KATIE ALTADONNATRUSTEE
Trustee or director
1$0
ELLEN BATTLETRUSTEE
Trustee or director
1$0
BRIAN CAINETRUSTEE
Trustee or director
1$0
BARBARA FAZIOTRUSTEE
Trustee or director
1$0
KATHY FUTEYTREASURER
Trustee or director, Officer
2$0
DEBORAH GLOSSERMANSECRETARY
Trustee or director, Officer
1$0
LILLI HARRISTRUSTEE
Trustee or director
1$0
RODERICK INGRAMTRUSTEE
Trustee or director
1$0
KURT KARAKULBOARD CO-CHA
Trustee or director, Officer
2$0
CINDY KATZENNMEYERTRUSTEE
Trustee or director
1$0
CAROL MALONETRUSTEE
Trustee or director
1$0
KELLY MASTERSTRUSTEE
Trustee or director
1$0
TODD MESEKTRUSTEE
Trustee or director
1$0
DENISE POLVERINETRUSTEE
Trustee or director
1$0
7 more people on this return
NameTitleHours / weekCompensation
SANGEETA PRAKASHVICE CHAIR
Trustee or director, Officer
1$0
MARTIN RUEBENTRUSTEE
Trustee or director
1$0
CHARNA SHERMANTRUSTEE
Trustee or director
1$0
BRIAN SOKOLTRUSTEE
Trustee or director
1$0
MICHAEL WEILTRUSTEE
Trustee or director
1$0
H SCOTT WESTOVERTRUSTEE
Trustee or director
1$0
SUSAN PALEY ZAKTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2024: 25 people
NameTitleHours / weekCompensation
EFTIHIA TSENGASEXECUTIVE DI
Officer
40$43,896
KATIE ALTADONNATRUSTEE
Trustee or director
1$0
ADAM BANKSTRUSTEE
Trustee or director
1$0
BRIAN CAINETRUSTEE
Trustee or director
1$0
BARBARA FAZIOTRUSTEE
Trustee or director
1$0
KATHY FUTEYCO-CHAIR & T
Trustee or director, Officer
2$0
DEBORAH GLOSSERMANSECRETARY
Trustee or director, Officer
1$0
LILLI HARRISTRUSTEE
Trustee or director
1$0
RODERICK INGRAMTRUSTEE
Trustee or director
1$0
AISIA JONESTRUSTEE
Trustee or director
1$0
KURT KARAKULBOARD CO-CHA
Trustee or director, Officer
2$0
CINDY KATZENNMEYERTRUSTEE
Trustee or director
1$0
CAROL MALONETRUSTEE
Trustee or director
1$0
KELLY MASTERSTRUSTEE
Trustee or director
1$0
TODD MESEKTRUSTEE
Trustee or director
1$0
GRAFTON NUNESTRUSTEE
Trustee or director
1$0
DENISE POLVERINETRUSTEE
Trustee or director
1$0
SANGEETA PRAKASHVICE CHAIR
Trustee or director, Officer
1$0
MARTIN RUEBENTRUSTEE
Trustee or director
1$0
ASEELAH SHAREEFBOARD CO-CHA
Trustee or director, Officer
2$0
CHARNA SHERMANTRUSTEE
Trustee or director
1$0
BRIAN SOKOLTRUSTEE
Trustee or director
1$0
MICHAEL WEILTRUSTEE
Trustee or director
1$0
H SCOTT WESTOVERTRUSTEE
Trustee or director
1$0
SUSAN PALEY ZAKTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 25 people
NameTitleHours / weekCompensation
ERIN JESSONDIR. OF OPER
Officer
40$54,277
EFTIHIA TSENGASEXECUTIVE DI
Trustee or director, Officer
40$21,750
KATIE ALTADONNATRUSTEE
Trustee or director
1$0
ADAM BANKSTRUSTEE
Trustee or director
1$0
MICHAEL BELKINVICE CHAIR
Trustee or director, Officer
1$0
BRIAN CAINETRUSTEE
Trustee or director
1$0
PARRY DAIUTOTRUSTEE
Trustee or director
1$0
BARBARA FAZIOTRUSTEE
Trustee or director
1$0
KATHY FUTEYTREASURER
Trustee or director, Officer
2$0
PAM GILLVICE CHAIR
Trustee or director, Officer
1$0
DEBORAH GLOSSERMANSECRETARY
Trustee or director, Officer
1$0
RODERICK INGRAMTRUSTEE
Trustee or director
1$0
AISIA JONESTRUSTEE
Trustee or director
1$0
KURT KARAKULTRUSTEE
Trustee or director
1$0
CINDY KATZENNMEYERTRUSTEE
Trustee or director
1$0
KELLY MASTERSTRUSTEE
Trustee or director
1$0
TODD MESEKTRUSTEE
Trustee or director
1$0
GRAFTON NUNESTRUSTEE
Trustee or director
1$0
SANGEETA PRAKASHTRUSTEE
Trustee or director
1$0
MARTIN RUEBENTRUSTEE
Trustee or director
1$0
ASEELAH SHAREEFBOARD CHAIR
Trustee or director, Officer
2$0
BRIAN SOKOLTRUSTEE
Trustee or director
1$0
MICHAEL WEILTRUSTEE
Trustee or director
1$0
H SCOTT WESTOVERTRUSTEE
Trustee or director
1$0
SUSAN PALEY ZAKTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 21126, CLEVELAND, OH 44121-0126
In care of
% DIANA TITTLE
Principal officer (990 for 2025)
EFTIHIA TSENGAS, PO BOX 21126, SOUTH EUCLID, OH 44121
Signed the 990
EFTIHIA TSENGAS, EXECUTIVE DIRECTOR
Phone
(216) 321-0012
Return prepared by
BEATREZ & COMPANY CPAS

Mission

THE 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.

990 for the year ended December 31, 2025

Program accomplishments

  • CLEVELAND ARTS PRIZE ("CAP") CONTINUES TO DEEPEN ITS IMPACT ON THE REGION'S ARTS AND CULTURE COMMUNITY THROUGH MEANINGFUL PROGRAMMING, GENEROUS SUPPORT FOR ARTISTS, AND COMMUNITY ENGAGEMENT. CAP HOSTED ITS 64TH ANNUAL AWARDS EVENT ON OCTOBER 24, 2024, AT CUYAHOGA COMMUNITY COLLEGE'S EAST CAMPUS, RECOGNIZING OUTSTANDING ACHIEVEMENT IN THE ARTS. CAP AWARDED THREE UNRESTRICTED 10,000 PRIZES TO ARTISTS IN THE EMERGING, MID-CAREER, AND LIFETIME ACHIEVEMENT CATEGORIES ACROSS VARIOUS ARTISTIC DISCIPLINES. IN ADDITION, FIVE 2,000 VERGE FELLOWSHIPS WILL BE AWARDED TO PRE-EMERGING ARTISTS IN CUYAHOGA COUNTY, OFFERING BOTH FINANCIAL SUPPORT AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES. CAP ALSO CONTINUES TO INVEST IN THE FUTURE OF THE ARTS BY AWARDING SCHOLARSHIPS TO HIGH SCHOOL AND COLLEGE STUDENTS THROUGH PARTNERSHIPS WITH AREA SCHOOLS. IN ITS COMMITMENT TO CONVENING AND CONNECTING THE ARTS COMMUNITY, CAP HAS INTRODUCED A NEW SERIES OF TOURS OF PERFORMING ARTS VENUES, OFFERING OPPORTUNITIES FOR CAP SUPPORTERS, TRUSTEES, AND THE PUBLIC TO ENGAGE DIRECTLY WITH LOCAL ARTISTIC DIRECTORS AND PERFORMERS WHO ARE CLEVELAND ARTS PRIZE WINNERS. THIS INITIATIVE HAS STRENGTHENED TIES ACROSS DISCIPLINES AND CREATED PLATFORMS FOR DYNAMIC CONVERSATION AND COLLABORATION. CAP'S REACH AND INFLUENCE HAVE EXPANDED THROUGH STRATEGIC BOARD DEVELOPMENT, GROWING THE BOARD OF TRUSTEES TO 25 MEMBERS, BRINGING NEW PERSPECTIVES AND RESOURCES TO THE ORGANIZATION. AS CAP LOOKS AHEAD, IT REMAINS DEDICATED TO HONORING THE REGION'S MOST ACCOMPLISHED ARTISTS, UPLIFTING THE NEXT GENERATION OF CREATIVES, AND ENHANCING CULTURAL VIBRANCY ACROSS NORTHEAST OHIO.
    Expenses $202,014 · grants $57,000

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
01-0627754
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$865,837
Income (IRS master file)
$413,853

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$413,853$296,608$865,837XML
990December 2024$350,187$246,647$715,225XML
990December 2023$266,266$242,975$591,134XML
990December 2022$180,119$234,942$534,875IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 01-0627754).

Questions about CLEVELAND ARTS PRIZE

What is the EIN of CLEVELAND ARTS PRIZE?
The employer identification number (EIN) of CLEVELAND ARTS PRIZE is 01-0627754.
Is CLEVELAND ARTS PRIZE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to CLEVELAND ARTS PRIZE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CLEVELAND ARTS PRIZE 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 CLEVELAND ARTS PRIZE due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CLEVELAND ARTS PRIZE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of CLEVELAND ARTS PRIZE?
The 990 for the year ended December 31, 2025 names EFTIHIA TSENGAS.
Who are the officers and directors of CLEVELAND ARTS PRIZE?
The 990 for the year ended December 31, 2025 lists 22 people; 1 received compensation from the organization, the highest $58,000 (EFTIHIA TSENGAS, EXECUTIVE DI).
How much revenue does CLEVELAND ARTS PRIZE have?
On its 990 for the year ended December 31, 2025 it reported revenue of $413,853, expenses of $296,608 and total assets of $865,837 at year end.

Other nonprofits in CLEVELAND

All nonprofits in CLEVELAND · Ohio · Arts, culture and humanities