Watchung Arts Council Inc
- Assets
- $75.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Watchung, NJ
- Founding
- 06/1980
- Data as of
- 06/2023
- EIN
- 22-2189019
Organization Overview
Watchung Arts Council Inc is located in Watchung, NJ. The organization was established in 1980. 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. Watchung Arts Council 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 06/2023, Watchung Arts Council Inc generated $51.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $54.4k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
MUSICAL, VISUAL AND EDUCATIONAL ARTS PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Lubeck Trustee | 0 | $0 | |
Vonnie Mott Trustee | 0 | $0 | |
Ruth Rovtar Trustee | 0 | $0 | |
Jack Aylward Vice President | 0 | $0 | |
Florence Larkin Vice President | 0 | $0 | |
Joan Plasner President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,381 |
| Total Program Service Revenue | $27,906 |
| Membership dues | $0 |
| Investment income | $562 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,849 |
| 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 | $7,785 |
| Occupancy, rent, utilities, and maintenance | $14,145 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,454 |
| Total expenses | $54,384 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,483 |
| Other assets | $0 |
| Total assets | $75,479 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,479 |