Carlsbad Area Art Association Inc
- Assets
- $165.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carlsbad, NM
- Founding
- 06/1970
- Data as of
- 12/2021
- 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 12/2021, Carlsbad Area Art Association Inc generated $73.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $79.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 7 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
2021
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 | |
Richard Cage Director | 8 | $0 | |
Janice May Director | 8 | $0 | |
Pat Beason Treasurer | 8 | $0 | |
Michael Pfeiffer Secretary | 8 | $0 | |
Anne Strait Vice President | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,334 |
| Total Program Service Revenue | $37,654 |
| Membership dues | $11,010 |
| Investment income | $3,699 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,697 |
| 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 | $6,513 |
| Occupancy, rent, utilities, and maintenance | $12,097 |
| Printing, publications, postage, and shipping | $480 |
| Other expenses | $60,381 |
| Total expenses | $79,471 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,839 |
| Other assets | $0 |
| Total assets | $165,059 |
| Total liabilities | $799 |
| Net assets or fund balances | $164,260 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scottsdale Cultural Council Scottsdale, AZ | $11,025,722 | $9,457,681 |
Western States Arts Federation Denver, CO | $9,116,686 | $6,773,845 |
Arts Council Of Oklahoma City Oklahoma City, OK | $5,417,646 | $3,471,903 |
Arts Foundation For Tucson And Southern Arizona Tucson, AZ | $962,823 | $2,764,591 |
Arts And Humanities Council Of Tulsa Inc Tulsa, OK | $13,547,923 | $1,595,922 |
Loveland High Plains Arts Council Inc Loveland, CO | $824,395 | $2,062,390 |
Salt Lake Arts Council Foundation Salt Lake City, UT | $1,578,268 | $2,133,751 |
Civic Lubbock Inc Lubbock, TX | $2,399,838 | $1,804,264 |
Artpace Inc San Antonio, TX | $4,747,624 | $2,060,315 |
Rockport Art Association Inc Rockport, TX | $13,512,318 | $1,924,520 |
Odessa Council For The Arts & Humanities Odessa, TX | $326,485 | $1,125,554 |
Arts Council Of Brazos Valley College Station, TX | $3,578,348 | $837,601 |