Carlsbad Area Art Association Inc
- Assets
- $132.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carlsbad, NM
- Founding
- 06/1970
- Data as of
- 12/2023
- EIN
- 23-7068978
Organization Overview
Carlsbad Area Art Association Inc is located in Carlsbad, NM. The organization was established in 1970. 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. Carlsbad Area Art Association 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 12/2023, Carlsbad Area Art Association Inc generated $98.0k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $106.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 5 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
EXPENSES FOR WORKSHOPS AND PROMOTION OF FINE ARTS AND CRAFTS IN CARLSBAD, NM AND SURROUNDING AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Renfrow Director | 8 | $0 | |
Nancy Orite Director | 8 | $0 | |
Helen Gwinn Director | 8 | $0 | |
Pat Beason Treasurer | 8 | $0 | |
Michael Pfeiffer Secretary | 8 | $0 | |
Vicki Trout President | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,059 |
| Total Program Service Revenue | $45,895 |
| Membership dues | $13,098 |
| Investment income | $898 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,950 |
| 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 | $39,974 |
| Occupancy, rent, utilities, and maintenance | $12,958 |
| Printing, publications, postage, and shipping | $422 |
| Other expenses | $53,287 |
| Total expenses | $106,641 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,097 |
| Other assets | $0 |
| Total assets | $132,115 |
| Total liabilities | $858 |
| Net assets or fund balances | $131,257 |