Nonprofit · EIN 47-0856996
NEW HOPE ARTS INC
Tax-exempt · NEW HOPE, PA 18938
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $623,883 | $426,704 | $197,179 | $2,001,962 | $847,770 | $1,154,192 |
| December 31, 2023 | 990 | $531,277 | $358,527 | $172,750 | $1,833,491 | $876,478 | $957,013 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $309,574
- of which government grants
- $6,750
- Membership dues
- $27,408
- Program service revenue
- $192,188
- Investment income
- $128
- Net rental income
- $121,993
- Other revenue
- $121,993
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $65,750
- Salaries, compensation and benefits (total)
- $71,064
- Professional fundraising fees
- $0
- Accounting fees
- $1,725
- Occupancy
- $28,648
- Depreciation
- $52,131
- Program services (functional)
- $173,005
- Management and general (functional)
- $130,022
- Fundraising (functional)
- $123,677
Balance sheet and other
- Total assets, start of year
- $1,833,491
- Total assets, end of year
- $2,001,962
- Total liabilities, end of year
- $847,770
- Net assets, end of year
- $1,154,192
- Land, buildings and equipment
- $1,650,850
- Gross receipts
- $623,883
- Employees
- 2
- Volunteers
- 60
- Year formed
- 2002
- State of legal domicile
- PA
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Christine Ramirez | Executive Director Highest-paid employee | 40 | $55,417 |
| Carol Cruickshanks | Director Emerita Former | 8 | $10,333 |
| Laurence Keller | Board Chairman Trustee or director, Officer | 15 | $0 |
| Denise Marshall | President Trustee or director, Officer | 12 | $0 |
| Andrew Pedinoff | Treasurer Trustee or director, Officer | 12 | $0 |
| Janina Akins | Secretary Trustee or director, Officer | 12 | $0 |
| Ralph Fey | Director Trustee or director | 10 | $0 |
| Joseph Franlin | Director Trustee or director | 10 | $0 |
| James Maroldi | Director Trustee or director | 10 | $0 |
| Elizabeth Miller McCue | Director Trustee or director | 10 | $0 |
| Mark Pettegrow | Director Trustee or director | 10 | $0 |
| Stephen Sands | Director Trustee or director | 10 | $0 |
| Victoria Short | Director Trustee or director | 10 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carol Cruickshanks | Director Emerita Key employee, Highest-paid employee | 40 | $62,000 |
| Laurence Keller | Board Chairman Trustee or director, Officer | 15 | $0 |
| Ralph Fey | Director Trustee or director | 10 | $0 |
| Andrew Pedinoff | Director Trustee or director | 10 | $0 |
| Joseph Franlin | President Trustee or director, Officer | 15 | $0 |
| Janina Akins | Director Trustee or director | 10 | $0 |
| Mark Pettegrow | Director Trustee or director | 10 | $0 |
| Ryan Fuller | Director Trustee or director | 10 | $0 |
| Elizabeth Miller McCue | Director Trustee or director | 10 | $0 |
| Stephen Sands | Director Trustee or director | 10 | $0 |
| Joel Koblentz | Director Trustee or director | 10 | $0 |
| Denise Marshall | Director Trustee or director | 10 | $0 |
| Christine Ramirez | Executive Director Key employee, Highest-paid employee | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 2 STOCKTON AVE, NEW HOPE, PA 18938-1327
- In care of
- % ROBIN LARSEN
- Principal officer (990 for 2024)
- Laurence D Keller, 54 W Ferry Street, New Hope, PA 18938
- Signed the 990
- Laurence D Keller, Board Chairman
- Phone
- (215) 862-9606
- Website
- www.newhopearts.org
- Return prepared by
- Ronald J Heffelfinger CPA Inc
Mission
The organization is dedicated to increasing awareness and support for the arts in the region. The organization seeks to enrich the lives of people through education and events and is committed to presenting events in an open environment that makes the arts accessible to all people.
Program accomplishments
- Art shows, sales and rentals to local artists.Expenses $173,005 · revenue $314,181
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-0856996
- 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)
- $2,001,962
- Income (IRS master file)
- $623,883
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $623,883 | $426,704 | $2,001,962 | XML |
| 990 | December 2023 | $531,277 | $358,527 | $1,833,491 | XML |
| 990 | December 2022 | $569,989 | $353,547 | $1,676,169 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 47-0856996).
Questions about NEW HOPE ARTS INC
- What is the EIN of NEW HOPE ARTS INC?
- The employer identification number (EIN) of NEW HOPE ARTS INC is 47-0856996.
- Is NEW HOPE ARTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to NEW HOPE ARTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW HOPE ARTS INC 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 NEW HOPE ARTS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW HOPE ARTS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NEW HOPE ARTS INC?
- The 990 for the year ended December 31, 2024 names Laurence D Keller.
- Who are the officers and directors of NEW HOPE ARTS INC?
- The 990 for the year ended December 31, 2024 lists 13 people; 2 received compensation from the organization, the highest $55,417 (Christine Ramirez, Executive Director).
- How much revenue does NEW HOPE ARTS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $623,883, expenses of $426,704 and total assets of $2,001,962 at year end.
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- BUCKS COUNTY PLAYHOUSE THEATER INC EIN 45-4035757 · last filed 990-PF for 2024
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- KURT AND GINA CONTI FAMILY FOUNDATION EIN 83-6293063 · last filed 990-PF for 2025
- NEW HOPE EAGLE FIRE CO EIN 23-2041349 · last filed 990 for 2024
- BUCKS COUNTY CHILDRENS MUSEUM EIN 03-0600738 · last filed 990 for 2025
- BOWMANS HILL WILDFLOWER PRESERVE ASSOCIATION INC EIN 23-6262778 · last filed 990 for 2024
- PLAYHOUSE ARTISTS EIN 47-5530437 · last filed 990 for 2024