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 12/2021, Springville Center For The Arts Inc employed 6 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 12/2021, Springville Center For The Arts Inc generated $532.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $327.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.1%) 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 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 |
---|---|---|---|
Jeanne Fornes Treasurer | OfficerTrustee | 2 | $0 |
Mary Carol Dearing Vice President | OfficerTrustee | 2 | $0 |
Martin Timm President | OfficerTrustee | 2 | $0 |
Mike Baronich Secretary | OfficerTrustee | 2 | $0 |
Mark Stevens Board Member | Trustee | 2 | $0 |
Jonathan Horton Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $35,744 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $191,581 |
All other contributions, gifts, grants, and similar amounts not included above | $88,191 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $315,516 |
Total Program Service Revenue | $48,859 |
Investment income | $2,894 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $11,489 |
Net Gain/Loss on Asset Sales | $500 |
Net Income from Fundraising Events | $78,484 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $532,102 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $403 |
Fees for services: Accounting | $4,088 |
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 | $5,966 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $54,297 |
Travel | $3,879 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,007 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $17,935 |
Insurance | $0 |
All other expenses | $21,002 |
Total functional expenses | $327,567 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $75,347 |
Savings and temporary cash investments | $406,302 |
Pledges and grants receivable | $10,805 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $475,980 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,000 |
Net Land, buildings, and equipment | $400,984 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $123,000 |
Other assets | $0 |
Total assets | $1,493,418 |
Accounts payable and accrued expenses | $1,294 |
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 | $463,700 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $464,994 |
Net assets without donor restrictions | $229,044 |
Net assets with donor restrictions | $799,380 |
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 | $1,493,418 |
Over the last fiscal year, we have identified 4 grants that The Springville Center For The Arts Inc has recieved totaling $75,064.
Awarding Organization | Amount |
---|---|
Cullen Foundation Buffalo, NY PURPOSE: DEVELOPMENT CAPACITY AT SCA | $40,000 |
Cullen Foundation Buffalo, NY PURPOSE: SPRINGVILLE CENTER FOR THE ARTS PHASE II COVID-19 | $25,000 |
The Western New York Foundation Buffalo, NY PURPOSE: COVID RECOVERY GRANT: OUTDOOR TOURING EQUIPMENT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $64 |
Organization Name | Assets | Revenue |
---|---|---|
Kimmel Center Inc Philadelphia, PA | $245,953,445 | $41,081,924 |
Brooklyn Academy Of Music Inc Brooklyn, NY | $168,013,887 | $29,572,079 |
South Street Theater Co Inc Morristown, NJ | $25,009,095 | $16,372,684 |
Bric Arts Media Bklyn Inc Brooklyn, NY | $22,086,824 | $12,315,164 |
The Apollo Theater Foundation Inc New York, NY | $69,978,827 | $33,324,849 |
New Haven Center For Performing Arts Inc Waterbury, CT | $12,801,705 | $9,109,828 |
Performing Arts Consultants Inc Brick, NJ | $2,328,922 | $7,486,685 |
Shen Yun Performing Arts Inc Cuddebackville, NY | $196,627,077 | $30,836,971 |
Foundation For Contemporary Arts Inc New York, NY | $44,020,214 | $7,582,108 |
National Comedy Center Operator Inc Jamestown, NY | $24,581,570 | $2,926,105 |
World Trade Center Performing Arts Center Inc New York, NY | $505,865,812 | $148,493,145 |
Associated Production Services Inc Trevose, PA | $3,216,743 | $4,781,597 |