It Is Inc is a private foundation focused on Arts, Culture & Humanities, based in Prescott, AZ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it made $152K in qualifying distributions. Net investment income was $737.
Key facts about It Is Inc
- EIN
- 45-0574737
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $3,539,374
Data from IRS Form 990-PF, 2024; updated October 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.5M
-4.3% YoY
Revenue
$413K
+12.9% YoY
Qualifying Distributions
$152K
+2.1% YoY
Expenses
$577K
+37.8% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,539,374 | $3,698,121 | $3,751,511 |
| Revenue | $413,125 | $365,829 | $356,062 |
| Expenses | $576,593 | $418,519 | $381,944 |
| Qualifying Distributions | $151,548 | $148,442 | $133,933 |
| Net Investment Income | $737 | $567 | $43 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 20, 2025)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 20, 2025)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2022–2024
Leadership & Key People
Officers and directors from IRS filings
It Is Inc is led by Andrea Smith, President on every filing since 2022; 3 of 8 officers listed in 2024 are compensated.
Officers on the 2024 filing
Andrea Smith
President
On filings since 2022
20 hrs/week
$1K (2022) → $1K (2024)
Filmer Kewanyama
Director
On filings since 2022
1 hr/week
No compensation reported
Frank De Grazia
Director
On filings since 2022
1 hr/week
No compensation reported
Joseph Baynes
Director
On filings since 2022
1 hr/week
No compensation reported
Kevin Lane
Director
On filings since 2022
1 hr/week
No compensation reported
Roy Traver
Director
Vice President → Director, 2024
On filings since 2022
1 hr/week
No compensation reported
Haley Ward
Secretary & Treasurer
On filings since 2022
10 hrs/week
$34K (2022) → $53K (2024)
Breeanya Hinkel
Vice President
New on the 2024 filing
1 hr/week
$39K (2024)
Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $53K, to Haley Ward (Sec/Treas). 3 officers or directors reported compensation on that filing.
Frequently asked questions about It Is Inc
How large is It Is Inc?
It Is Inc reported $3.5M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $413K.
What is It Is Inc?
It Is Inc is a private foundation focused on Arts, Culture & Humanities, based in Prescott, AZ. It holds $3.5M in total assets as of 2024.
What is It Is Inc's EIN?
It Is Inc's EIN (Employer Identification Number) is 45-0574737. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
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