River Arts Inc
- Assets
- $108.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Damariscotta, ME
- Founding
- 06/1989
- Data as of
- 12/2023
- EIN
- 01-0435256
Organization Overview
River Arts Inc is located in Damariscotta, ME. The organization was established in 1989. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. River Arts Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, River Arts Inc generated $104.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $80.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
EXHIBITS, CLASSES, SPEAKERS, CHILDRENS PROGRAMS AND OTHER EVENT S RELATED TO THE ARTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Seferlis Director | 2 | $0 | |
Avery Hunt Director | 4 | $0 | |
Alice DE Mauriac Director President | 30 | $0 | |
Colleen White Director | 2 | $0 | |
Gerd Koehler Director | 5 | $0 | |
Julio Sanchez-Banos Director Treasurer | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,529 |
| Total Program Service Revenue | $65,785 |
| Membership dues | $31,155 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104,469 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,168 |
| Professional fees and other payments to independent contractors | $42,709 |
| Occupancy, rent, utilities, and maintenance | $16,988 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,030 |
| Total expenses | $80,895 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,334 |
| Other assets | $0 |
| Total assets | $108,334 |
| Total liabilities | $0 |
| Net assets or fund balances | $108,334 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of The Music Hall Portsmouth, NH | $15,059,539 | $11,649,046 |
Palace Theatre Trust Manchester, NH | $15,190,873 | $8,795,217 |
Colonial Theatre Group Inc Keene, NH | $14,109,178 | $2,282,128 |
Barnstormers Inc Tamworth, NH | $2,042,372 | $1,333,381 |
The Park Theatre Inc Jaffrey, NH | $5,512,265 | $623,700 |
Hancock County Auditorium Associates Ellsworth, ME | $671,137 | $556,809 |
Belknap Mill Society Inc Laconia, NH | $1,661,844 | $406,718 |
N H Maple Producers Assn Inc Hampstead, NH | $114,686 | $359,910 |
Chocolate Church Arts Center Bath, ME | $608,168 | $434,551 |
Dance Hall Kittery, ME | $522,772 | $295,711 |
Jaffrey Civic Center Jaffrey, NH | $241,692 | $0 |
St Kieran Community Center For The Arts Berlin, NH | $319,419 | $106,207 |
Strand Ballroom Corporation Dover, NH | $5,954 | $0 |
River Arts Inc Damariscotta, ME | $108,334 | $0 |
Boreal Theater Millinocket, ME | $77,533 | $0 |
Contoocook Valley Visual And Performing Arts Center Dba Thornton Wilder Center Peterborough, NH | $0 | $0 |
Windham Center Stage Theatre Windham, ME | $85,257 | $0 |