Foothills Performing Arts Center Inc
- Assets
- $6.7m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 13
- Location
- Oneonta, NY
- Founding
- 08/2001
- Data as of
- 12/2022
- EIN
- 22-3756598
Organization Overview
Foothills Performing Arts Center Inc is located in Oneonta, NY. The organization was established in 2001. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 12/2023, Foothills Performing Arts Center Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foothills Performing Arts Center 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, Foothills Performing Arts Center Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.7% each year . All expenses for the organization totaled $596.4k during the year ending 12/2022. While expenses have increased by 0.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CONSTRUCT AND OPERATE A PERFORMING ARTS AND CONFERENCE CENTER.
Describe the Organization's Program Activity:
DEVELOPMENT, CONSTRUCTION AND MANAGEMENT OF A PERFORMING ARTS AND CONFERENCE CENTER.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roxana Hurlburt President | OfficerTrustee | 1 | $0 |
Johna Peachin Treasurer | OfficerTrustee | 1 | $0 |
Avery Piefer Board Member | Trustee | 1 | $0 |
Sarah Patterson Secretary | OfficerTrustee | 1 | $0 |
Betty Lee Board Member | Trustee | 1 | $0 |
David Leahy Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,201,938 |
| Noncash contributions included in lines 1a–1f | $792,392 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,216,938 |
| Total Program Service Revenue | $145,153 |
| Investment income | $4,666 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,984 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,129 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,372,870 |
| 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. | $54,307 |
| Compensation of current officers, directors, key employees. | $36,251 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,177 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $449 |
| Payroll taxes | $10,290 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,793 |
| Fees for services: Accounting | $6,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,425 |
| Advertising and promotion | $1,554 |
| Office expenses | $5,420 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $79,284 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,659 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $259,104 |
| Insurance | $24,984 |
| All other expenses | $2,692 |
| Total functional expenses | $596,416 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $560 |
| Savings and temporary cash investments | $559,998 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,175 |
| Prepaid expenses and deferred charges | $691 |
| Net Land, buildings, and equipment | $5,962,370 |
| Investments—publicly traded securities | $144,965 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,671,759 |
| Accounts payable and accrued expenses | $25,721 |
| 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 | $549,900 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $575,621 |
| Net assets without donor restrictions | $5,511,327 |
| Net assets with donor restrictions | $584,811 |
| 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 | $6,671,759 |