Nonprofit · EIN 99-1293586
CLEVELAND INSTITUTE OF ART INNOVATION PROPERTIES INC
Tax-exempt · CLEVELAND, OH 44106
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $0 | $108,500 | -$108,500 | $14,096,343 | $7,900,412 | $6,195,931 |
| June 30, 2024 | 990 | $0 | $33,581 | -$33,581 | $11,076,126 | $7,494,707 | $3,581,419 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $11,076,126
- Total assets, end of year
- $14,096,343
- Total liabilities, end of year
- $7,900,412
- Net assets, end of year
- $6,195,931
- Land, buildings and equipment
- $12,630,047
- Net assets without donor restrictions
- $6,195,931
- Gross receipts
- $0
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2024
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KATHRYN HEIDEMANN | PRESIDENT OF CLEVE.INST.OF Officer | 1 | $0 | $355,765 | $27,547 |
| JOHN TORTELLI | CFO & VP BUSINESS OF CLEVE Officer | 1 | $0 | $157,429 | $8,293 |
| FREDERICK W CLARKE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CYNTHIA PRIOR | OFFICER OF BOARD Trustee or director | 8 | $0 | $0 | $0 |
| HOWARD M GROEDEL | OFFICER OF BOARD Trustee or director | 5 | $0 | $0 | $0 |
| WARREN L MORRIS II | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT M SIEWERT CFA | OFFICER OF BOARD Trustee or director | 5 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KATHRYN HEIDEMANN | PRESIDENT OF CLEVE.INST.OF ART Officer | 1 | $0 | $354,620 | $26,255 |
| JOHN TORTELLI | CFO & VP BUSINESS OF CLEVE.INST.OF ART Officer | 1 | $0 | $156,901 | $681 |
| FREDERICK W CLARKE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CYNTHIA PRIOR | OFFICER OF BOARD Trustee or director | 8 | $0 | $0 | $0 |
| HOWARD M GROEDEL | OFFICER OF BOARD Trustee or director | 5 | $0 | $0 | $0 |
| WARREN L MORRIS II | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT M SIEWERT CFA | OFFICER OF BOARD Trustee or director | 5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 11610 EUCLID AVE, CLEVELAND, OH 44106-4349
- In care of
- % JOHN TORTELLI
- Principal officer (990 for 2024)
- KATHRYN HEIDEMANN, 11610 EUCLID AVENUE, CLEVELAND, OH 44106
- Signed the 990
- MELANIE WALKER, CFO & VP BUSINESS
- Phone
- (216) 421-7000
- Return prepared by
- MALONEY NOVOTNY LLC
Mission
TITLE HOLDING COMPANY
Program accomplishments
- CLEVELAND INSTITUTE OF ART INNOVATION PROPERTIES HOUSES THE INTERACTIVE MEDIA LAB, A STATE-OF-THE ART STUDIO WHERE STUDENTS, COMMUNITY MEMBERS, AND BUSINESSES CAN LEARN AND WORK TOGETHER TO CREATE THEIR OWN CUTTING-EDGE FILM, ANIMATION, AND OTHER DESIGN PROJECTS USING VIRTUAL REALITY, AUGMENTED REALITY, AND INTERACTIVE MEDIA.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 99-1293586
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2024
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B40)
- Assets (IRS master file)
- $14,096,343
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $0 | $108,500 | $14,096,343 | IRS |
| 990 | June 2024 | $0 | $33,581 | $11,076,126 | 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 99-1293586).
Questions about CLEVELAND INSTITUTE OF ART INNOVATION PROPERTIES INC
- What is the EIN of CLEVELAND INSTITUTE OF ART INNOVATION PROPERTIES INC?
- The employer identification number (EIN) of CLEVELAND INSTITUTE OF ART INNOVATION PROPERTIES INC is 99-1293586.
- Is CLEVELAND INSTITUTE OF ART INNOVATION PROPERTIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2024.
- Are donations to CLEVELAND INSTITUTE OF ART INNOVATION PROPERTIES INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CLEVELAND INSTITUTE OF ART INNOVATION PROPERTIES INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of CLEVELAND INSTITUTE OF ART INNOVATION PROPERTIES INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CLEVELAND INSTITUTE OF ART INNOVATION PROPERTIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CLEVELAND INSTITUTE OF ART INNOVATION PROPERTIES INC?
- The 990 for the year ended June 30, 2025 names KATHRYN HEIDEMANN.
- Who are the officers and directors of CLEVELAND INSTITUTE OF ART INNOVATION PROPERTIES INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does CLEVELAND INSTITUTE OF ART INNOVATION PROPERTIES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $0, expenses of $108,500 and total assets of $14,096,343 at year end.
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