Society Of The Arts
- Assets
- $86.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Allentown, PA
- Founding
- 05/1968
- Data as of
- 06/2023
- EIN
- 23-6437027
Organization Overview
Society Of The Arts is located in Allentown, PA. The organization was established in 1968. According to its NTEE Classification (A51) the organization is classified as: Art Museums, 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. Society Of The Arts 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, Society Of The Arts generated $31.5k 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 (14.2%) each year. All expenses for the organization totaled $54.9k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (5.8%) 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
PROVIDING VOLUNTEER SERVICES TO THE ALLENTOWN ART MUSEUM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie Johnson Advisor - Past President | 1 | $0 | |
Priti Merchant President | 1 | $0 | |
Karen Hittinger Executive Vice President | 1 | $0 | |
Chris Forsthoefel Vice President-Educational Activiti | 1 | $0 | |
Mary Zegarski Secretary | 1 | $0 | |
Sarah Montano Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,899 |
| Total Program Service Revenue | $58 |
| Membership dues | $14,295 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,022 |
| Other Revenue | $213 |
| Total Revenue | $31,487 |
| 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 | $2,905 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,841 |
| Other expenses | $49,164 |
| Total expenses | $54,910 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,700 |
| Other assets | $0 |
| Total assets | $86,038 |
| Total liabilities | $23,614 |
| Net assets or fund balances | $62,424 |