South County Center For The Arts is located in West Kingston, RI. The organization was established in 1992. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. South County Center For The Arts 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 06/2021, South County Center For The Arts generated $157.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $171.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ORGANIZE, DEVELOP, PROMOTE, AND OPERATE A CENTER FOR THE VISUAL AND PERFORMING ARTS IN SOUTH COUNTY, RHODE ISLAND AND TO PRESERVE THE HISTORIC WASHINGTON COUNTY COURTHOUSE BUILDING
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUSTAINED OUR MISSION TO PRESERVE THE COURTHOUSE AND PROVIDE ARTS TO THE COMMUNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mariann Almonte Executive Dir. | OfficerTrustee | 40 | $0 |
Joseph Mirra President | OfficerTrustee | 2 | $0 |
Jack Bullock Vice President | OfficerTrustee | 2 | $0 |
Karen Jenkins Secretary | OfficerTrustee | 2 | $0 |
Chief Vincent Carlone Director | Trustee | 2 | $0 |
Betty Marquis Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $132,274 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $1,020 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $157,285 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,171 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $13 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,009 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $1,748 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $14,535 |
Advertising and promotion | $4,006 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $4,164 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2,151 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $49,547 |
Insurance | $4,078 |
All other expenses | $0 |
Total functional expenses | $171,821 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $100,660 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $9,145 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $191,100 |
Total assets | $811,007 |
Accounts payable and accrued expenses | -$3,466 |
Grants payable | $0 |
Deferred revenue | $53,000 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $194 |
Secured mortgages and notes payable | $137,249 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $186,977 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $624,030 |