Mount Vernon Area Arts Council
- Assets
- $19.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Vernon, IA
- Founding
- 04/2004
- Data as of
- 12/2017
- EIN
- 20-0492379
Organization Overview
Mount Vernon Area Arts Council is located in Mount Vernon, IA. The organization was established in 2004. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Mount Vernon Area Arts Council 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 12/2017, Mount Vernon Area Arts Council generated $18.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $19.1k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Limited Data Available: This organization filed their most recent 990 in paper format. This filing methodology limits the information that can be extracted from the filing.Limited Data Available: This organization is one of the few in our database that filed their most recent 990 with the IRS in paper format. This filing methodology limits the information that can be extracted from the filing. This will, however, be changing soon; The IRS now requires all organizations to file their 990s electronically.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,635 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,610 |
| Statement of Expenses | |
|---|---|
| Total expenses | $19,055 |
| Balance Sheet | |
|---|---|
| Total assets | $19,550 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,550 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mount Vernon Area Arts Council has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Maurice Foundation Cedar Rapids, IA PURPOSE: GENERAL OPERATING BUDGET | $500 |
Maurice Foundation Cedar Rapids, IA PURPOSE: GENERAL OPERATING BUDGET | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Humanities Center St Paul, MN | $15,490,899 | $2,258,980 |
Mid-America Arts Alliance Kansas City, MO | $12,444,344 | $5,873,119 |
Metropolitan Regional Arts Council St Paul, MN | $2,676,962 | $5,717,209 |
Regional Cultural & Performing Arts Development Commission St Louis, MO | $5,092,606 | $4,539,915 |
Performing Arts Foundation Inc Wausau, WI | $2,793,768 | $2,598,770 |
Nebraska Humanities Council Lincoln, NE | $300,556 | $1,742,597 |
Arts & Education Council Of Greater St Louis St Louis, MO | $3,607,788 | $2,239,386 |
Metropolitan Arts Council Of Greater Kansas City Kansas City, MO | $1,490,400 | $2,232,014 |
Pottawattamie Arts Culture & Entertainment Council Bluffs, IA | $21,175,917 | $2,201,183 |
Union For Contemporary Art Inc Omaha, NE | $4,100,351 | $2,843,847 |
Quad City Arts Inc Rock Island, IL | $1,454,915 | $1,845,550 |
Reif Arts Council Grand Rapids, MN | $641,981 | $1,377,956 |