Skip to main content

Nonprofit · EIN 31-1601569

ART ACADEMY OF CINCINNATI

Tax-exempt · CINCINNATI, OH 45202

Financials

$10.6M$11.1M2023$9.7M$11.1M2024
Revenue Expenses · by fiscal year end
Financials of ART ACADEMY OF CINCINNATI by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$9,725,624$11,103,151-$1,377,527$8,741,657$4,043,772$4,697,885
May 31, 2024990$10,642,749$11,053,378-$410,629$11,104,298$5,065,475$6,038,823
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$784,482
of which government grants
$38,155
Program service revenue
$8,542,584
Investment income
$171,342
Net rental income
$187,997
Net gain from sales of assets
$91,780
Other revenue
$227,216

Expenses

Grants and similar amounts paid
$3,720,047
Compensation of officers, directors and key employees
$215,400
Other salaries and wages
$2,838,482
Salaries, compensation and benefits (total)
$3,669,617
Professional fundraising fees
$0
Occupancy
$676,488
Travel
$58,792
Depreciation
$190,442
Program services (functional)
$7,781,034
Management and general (functional)
$3,258,247
Fundraising (functional)
$63,870

Balance sheet and other

Total assets, start of year
$11,104,298
Total assets, end of year
$8,741,657
Total liabilities, end of year
$4,043,772
Net assets, end of year
$4,697,885
Land, buildings and equipment
$2,851,339
Publicly traded securities
$2,331,016
Net assets without donor restrictions
$1,646,691
Net assets with donor restrictions
$3,051,194
Gross receipts
$10,744,809
Employees
192
Volunteers
43
Year formed
1998
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 May 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOSEPH GIRANDOLAPRESIDENT
Trustee or director, Officer
45$215,400
LEA WAGNERVP OF ADMINISTRATION AND FINANCE
Highest-paid employee
45$110,000
EMILY AGRICOLA HOLTROPCHAIR
Trustee or director, Officer
10$0
JOANNA DOERNERVICE CHAIR
Trustee or director, Officer
5$0
IAN MCMANISSECRETARY
Trustee or director, Officer
2$0
JIM CROSSETTREASURER
Trustee or director, Officer
3$0
CHRISTINE CARLITRUSTEE
Trustee or director
2$0
JOHN COBEYTRUSTEE
Trustee or director
2$0
MARK GROTETRUSTEE
Trustee or director
2$0
MURRAY SINCLAIRETRUSTEE
Trustee or director
2$0
JACQUELYN SOMMER-DENNEYTRUSTEE
Trustee or director
2$0
CALVIN MCDANIELTRUSTEE
Trustee or director
2$0
RICHARD DICK FRIEDMANTRUSTEE
Trustee or director
2$0
TAMARA HARKAVYTRUSTEE
Trustee or director
2$0
GREGORY OLSONTRUSTEE
Trustee or director
2$0
10 more people on this return
NameTitleHours / weekCompensation
KYLE CAMPBELLTRUSTEE
Trustee or director
2$0
TYRA PATTERSONTRUSTEE
Trustee or director
2$0
ROBERT P HUESMANTRUSTEE
Trustee or director
2$0
CHIP GERHARDTTRUSTEE
Trustee or director
2$0
BENJAMIN STEWARTTRUSTEE
Trustee or director
2$0
PAM KRAVETZTRUSTEE
Trustee or director
2$0
DAN FALESTRUSTEE
Trustee or director
2$0
RICHARD HOMANTRUSTEE
Trustee or director
2$0
CHERYL STEVENSTRUSTEE
Trustee or director
2$0
JENNY USTICKTRUSTEE
Trustee or director
2$0
990 for the year ended May 31, 2024: 25 people
NameTitleHours / weekCompensationOther / benefits
JOSEPH GIRANDOLAPRESIDENT
Trustee or director, Officer
50$219,425$0
LESLIE PAIGE WILLIAMSVP FOR ACADEMIC AFFAIRS
Officer
45$108,898$1,984
LEA WAGNERVP OF ADMINISTRATION AND FINANCE
Officer
45$108,690$0
CHRISTINE CARLICHAIR
Trustee or director, Officer
10$0$0
EMILY HOLTROPVICE CHAIR
Trustee or director, Officer
5$0$0
DEBBIE KOKORUDASECRETARY
Trustee or director, Officer
2$0$0
MARK GROTETREASURER
Trustee or director, Officer
3$0$0
HARVEY COHENTRUSTEE
Trustee or director
2$0$0
RICHARD HOMANTRUSTEE
Trustee or director
3$0$0
KYLE CAMPBELLTRUSTEE
Trustee or director
3$0$0
AMY SCARPELLOTRUSTEE
Trustee or director
3$0$0
GREG OTISTRUSTEE
Trustee or director
2$0$0
DAMIAN HOSKINSTRUSTEE
Trustee or director
1$0$0
ROB RICHARDSONTRUSTEE
Trustee or director
1$0$0
BENJAMIN STEWARTTRUSTEE
Trustee or director
4$0$0
JOHN COBEYTRUSTEE
Trustee or director
2$0$0
PAM KRAVETZTRUSTEE
Trustee or director
2$0$0
JENNY USTICKTRUSTEE
Trustee or director
3$0$0
JACQUELYN SOMMERTRUSTEE
Trustee or director
2$0$0
TYRA PATTERSONTRUSTEE
Trustee or director
3$0$0
RICHARD FRIEDMANTRUSTEE
Trustee or director
2$0$0
JOANNA DOERNERTRUSTEE
Trustee or director
2$0$0
ROBERT HUESMANTRUSTEE
Trustee or director
2$0$0
IAN MCMANISTRUSTEE
Trustee or director
3$0$0
SCOTT STOUGHTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
1212 JACKSON ST, CINCINNATI, OH 45202-7106
In care of
% THOMAS PACK
Principal officer (990 for 2024)
JOE GIRANDOLA, 1212 JACKSON STREET, CINCINNATI, OH 452027106
Signed the 990
JOE GIRANDOLA, PRESIDENT
Phone
(513) 721-5205
Return prepared by
DEAN DORTON ALLEN FORD PLLC

Mission

OUR MISSION IS TO OPERATE, MAINTAIN, AND OVERSEE AN INDEPENDENT COLLEGE OF ART AND DESIGN.

990 for the year ended May 31, 2025

Program accomplishments

  • WE OPERATE AN ACCREDITED POST-SECONDARY FINE ARTS EDUCATION FACILITY (ART ACADEMY) OFFERING CURRICULUM LEADING TO A BACHELOR OF FINE ARTS DEGREE, AND A MASTERS IN ART EDUCATION. WE SERVE APPROXIMATELY 175 MATRICULATING STUDENTS. IN ADDITION, WE SERVE APPROXIMATELY 300 INDIVIDUALS IN OUR COMMUNITY ARTS EDUCATION PROGRAMS.
    Expenses $7,781,034 · grants $3,720,047 · revenue $8,581,803

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

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
31-1601569
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1998
Accounting year ends
May
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B42Z)
Assets (IRS master file)
$8,741,657
Income (IRS master file)
$10,744,809

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$9,725,624$11,103,151$8,741,657XML
990May 2024$10,642,749$11,053,378$11,104,298XML
990May 2023$11,227,828$10,838,046$11,609,448IRS
990May 2022$9,495,180$9,906,292$6,583,513IRS
990May 2021–––IRS
990May 2020–––IRS
990May 2019–––IRS
990May 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 31-1601569).

Questions about ART ACADEMY OF CINCINNATI

What is the EIN of ART ACADEMY OF CINCINNATI?
The employer identification number (EIN) of ART ACADEMY OF CINCINNATI is 31-1601569.
Is ART ACADEMY OF CINCINNATI tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to ART ACADEMY OF CINCINNATI tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ART ACADEMY OF CINCINNATI 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 ART ACADEMY OF CINCINNATI due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ART ACADEMY OF CINCINNATI last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of ART ACADEMY OF CINCINNATI?
The 990 for the year ended May 31, 2025 names JOE GIRANDOLA.
Who are the officers and directors of ART ACADEMY OF CINCINNATI?
The 990 for the year ended May 31, 2025 lists 25 people; 2 received compensation from the organization, the highest $215,400 (JOSEPH GIRANDOLA, PRESIDENT).
How much revenue does ART ACADEMY OF CINCINNATI have?
On its 990 for the year ended May 31, 2025 it reported revenue of $9,725,624, expenses of $11,103,151 and total assets of $8,741,657 at year end.

Other nonprofits in CINCINNATI

All nonprofits in CINCINNATI · Ohio · Education