Ridge Art Association Inc
- Assets
- $170.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Winter Haven, FL
- Founding
- 08/1970
- Data as of
- 06/2022
- EIN
- 23-7075086
Organization Overview
Ridge Art Association Inc is located in Winter Haven, FL. The organization was established in 1970. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Ridge 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 06/2022, Ridge Art Association Inc generated $55.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $55.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christy Hemenway Executive VP And Director | 45 | $42,029 | |
Richard Hemenway President | 26 | $0 | |
Marilyn Riggs Treasurer | 6 | $0 | |
Phyllis Brooks Secretary | 6 | $0 | |
Douglas Lockwood Legal Council/director | 3 | $0 | |
Lisa Endres Vice President | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,297 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,028 |
| Investment income | $2,117 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $21,457 |
| Other Revenue | $0 |
| Total Revenue | $55,899 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,889 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,722 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $55,611 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,365 |
| Other assets | $0 |
| Total assets | $170,670 |
| Total liabilities | $1,699 |
| Net assets or fund balances | $168,971 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ridge Art Association Inc has recieved totaling $75.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $75 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Family Connection Partnership Inc Atlanta, GA | $2,438,280 | $6,252,094 |
Eagle Arts Academy Inc Wellington, FL | $268,349 | $5,358,637 |
Vero Beach Museum Of Art Inc Vero Beach, FL | $60,866,235 | $8,493,938 |
Grandview Preparatory School Inc Boca Raton, FL | $15,212,269 | $5,400,121 |
Arts Center Association Inc St Petersburg, FL | $13,513,737 | $4,345,570 |
Gulfshore Opera Inc Naples, FL | $497,998 | $1,174,387 |
Jacksonville Arts And Music School Jacksonville, FL | $1,043,235 | $1,052,182 |
Realize Bradenton Inc Bradenton, FL | $630,233 | $957,046 |
Young Philosophers Society Inc Shalimar, FL | $29,328 | $903,631 |
Art League Of Marco Island Inc Marco Island, FL | $1,995,611 | $956,565 |
Arts4all Florida Tampa, FL | $1,023,964 | $852,559 |
Sunflower Creative Arts Inc Delray Beach, FL | $1,506,931 | $782,866 |