Best Development Of The Arts Inc
- Assets
- $84.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fulton, NY
- Founding
- 04/2001
- Data as of
- 12/2021
- EIN
- 16-1589427
Organization Overview
Best Development Of The Arts Inc is located in Fulton, NY. The organization was established in 2001. 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. Best Development Of 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, Best Development Of The Arts Inc generated $135.0 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 (3.7%) each year. All expenses for the organization totaled $3.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.8%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE AND DEVELOP THE ARTS
Describe the Organization's Program Activity:
Part 3
PROVIDE FUNDS SO THAT LESS FORTUNITE INDIVIDUALS CAN ENJOY THE ARTS
PROVIDE FUNDS SO THAT PROGRAMS FOR SPECIAL NEEDS INDIVIDUALS CAN ENJOY THE ARTS
PROVIDE FUNDS TO LOCAL SCHOOL DISTRICTS AND OTHER 501C(3)ORGANIZATIONS TO BE USED TO PROVIDE THE ARTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wynntte Dohse Member | 1 | $0 | |
F Elaine Best President/tr | 2 | $0 | |
Jean Niver Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $135 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $135 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $441 |
| Occupancy, rent, utilities, and maintenance | $1,700 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,015 |
| Total expenses | $3,156 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,428 |
| Other assets | $0 |
| Total assets | $84,928 |
| Total liabilities | $0 |
| Net assets or fund balances | $84,928 |
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