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The Mad Factory

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341787202 ✦ Oberlin, OH ✦ Designated as a 501(c)(3)

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Overview

What is The Mad Factory?

The Mad Factory is a nonprofit organization dedicated to providing comprehensive arts education for children. Located within its programs, children can explore various disciplines such as art, dance, acting, and storytelling. The organization's primary goal is to emphasize the significance of arts education, aiming to foster creativity and talent in the younger generation.

Is The Mad Factory legitimate?

The Mad Factory is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mad Factory submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Mad Factory?

The Mad Factory, an organization dedicated to arts education, aims to emphasize the significance of such programs. Their mission is geared towards nurturing children's talents in various artistic disciplines, such as art, dance, acting, and storytelling. By offering these educational programs, the Mad Factory strives to foster a deeper appreciation for the arts and their role in personal development.

What is the revenue of The Mad Factory?

The Mad Factory's revenue in 2022 was $167,232.

Who are the executives of The Mad Factory and what are their salaries?

Here are 7 key members and their salaries:


Theresa Snyder (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Perine (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Lukes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Goldsmith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy London (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlene Hartley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Marrero (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Mad Factory?

The Mad Factory's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of The Mad Factory

The Mad Factory, an esteemed organization, is committed to the mission of promoting arts education for children. Their programs encompass a diverse array of disciplines, including art, dance, acting, and storytelling. This nonprofit institution believes in the significance of arts education and strives to impart these skills to the younger generation.

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Impact




October, 2024

The Mad Factory fosters creativity and self-expression in children through a diverse array of arts education programs that encompass art, dance, acting, and storytelling. By providing access to these disciplines, The Mad Factory cultivates a love of the arts in young participants, which not only enhances their artistic skills but also boosts their confidence and social abilities.

In a community like Oberlin, Ohio, where access to a variety of artistic outlets can be limited, The Mad Factory plays a crucial role in enriching the lives of children and families. The organization’s commitment to arts education underscores its significance in developing well-rounded individuals. Participants benefit from improved cognitive skills, emotional intelligence, and teamwork abilities, setting them on a path towards lifelong appreciation and engagement with the arts.

Moreover, The Mad Factory helps build a vibrant community by encouraging collaboration and expression among children from diverse backgrounds. By nurturing the next generation of artists and creatives, The Mad Factory not only enhances the cultural landscape of Oberlin but also contributes to a broader societal understanding of the value and importance of the arts.




This information is meant to be a general summary of The Mad Factory. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$167,232 (2022)
Expenses
$166,594 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10
  • Program Service Revenue: $54,079
  • Gross Receipts: $167,232

Assets and Liabilities:

  • Total Assets: $120,934
  • Total Liabilities: $0
  • Net Assets: $120,934

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Organization Details

Principal Officer

Theresa Snyder

NTEE Category

Code: A600 - Arts

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