The Paul And Florence Thomas Memorial Art School Inc

Organization Overview

The Paul And Florence Thomas Memorial Art School Inc is located in West Jefferson, NC. The organization was established in 2009. 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. Paul And Florence Thomas Memorial Art School 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, Paul And Florence Thomas Memorial Art School Inc generated $30.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.3%) each year. All expenses for the organization totaled $42.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Board, Officers & Key Employees

Name (title)Compensation
Kimberly Perzel
President
$0
Eva Ingle
Treasurer
$0
Tom Efford
Board Member
$0
Kyle Hall
Secretary
$0
Doug Munroe
Board Member
$0
Jack Apple
Board Member
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,147
Interest on Savings $93
Dividends & Interest $13,069
Net Rental Income$0
Net Gain on Sale of Assets $16,067
Capital Gain Net Income $16,067
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $30,376

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