The Springville Center For The Arts Inc is located in Springville, NY. The organization was established in 1998. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Springville Center For The Arts Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springville Center For The 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 12/2022, Springville Center For The Arts Inc generated $438.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $451.8k during the year ending 12/2022. While expenses have increased by 20.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER LEARNING AND APPRECIATION FOR THE ARTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTS PROGRAM EVENTS AND WORKSHOPS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Martin Timm President | OfficerTrustee | 2 | $0 |
Chloe Hall Vice President | OfficerTrustee | 2 | $0 |
Katherine Gaines Treasurer | OfficerTrustee | 2 | $0 |
Jonathan Horton Secretary | OfficerTrustee | 2 | $0 |
Heather Svaline Board Member | Trustee | 2 | $0 |
Andrea Simmons Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $6,175 |
Fundraising events | $1,130 |
Related organizations | $0 |
Government grants | $96,000 |
All other contributions, gifts, grants, and similar amounts not included above | $203,565 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $306,870 |
Total Program Service Revenue | $59,313 |
Investment income | $2,191 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $19,755 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $826 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $4,836 |
Miscellaneous Revenue | $0 |
Total Revenue | $438,167 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $145,240 |
Compensation of current officers, directors, key employees. | $74,360 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $66,038 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $4,112 |
Payroll taxes | $20,203 |
Fees for services: Management | $0 |
Fees for services: Legal | $72 |
Fees for services: Accounting | $11,498 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $8,418 |
Information technology | $999 |
Royalties | $0 |
Occupancy | $29,515 |
Travel | $10,667 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $6,934 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $8,908 |
Total functional expenses | $451,780 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $223,521 |
Savings and temporary cash investments | $11,549 |
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 | $82,702 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,000 |
Net Land, buildings, and equipment | $892,317 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $121,750 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,332,839 |
Accounts payable and accrued expenses | $686 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $502,400 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $503,086 |
Net assets without donor restrictions | $678,914 |
Net assets with donor restrictions | $150,839 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,332,839 |