Synthetic Yarn And Fabric Association
- Assets
- $104.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lyman, SC
- Founding
- 02/1973
- Data as of
- 12/2022
- EIN
- 23-7191130
Organization Overview
Synthetic Yarn And Fabric Association is located in Lyman, SC. The organization was established in 1973. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Synthetic Yarn And Fabric Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Synthetic Yarn And Fabric Association generated $99.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $120.2k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HOSTS TWO CONFERENCES ANNUALLY. THEY ARE OPEN TO MEMBERS AND NONMEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meredith Boyd 2nd Vice President | 1 | $0 | |
Rodney D Turner Managing Director | 12 | $0 | |
Kim Hall Director | 1 | $0 | |
Dan Sistrunk Immediate Past President | 1 | $0 | |
Hardy Sullivan President | 1 | $0 | |
Chris Schultz 1st Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $628 |
| Total Program Service Revenue | $61,410 |
| Membership dues | $37,140 |
| Investment income | $27 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $99,205 |
| 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 | $26,764 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $214 |
| Other expenses | $93,266 |
| Total expenses | $120,244 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $104,488 |
| Other assets | $0 |
| Total assets | $104,488 |
| Total liabilities | $250 |
| Net assets or fund balances | $104,238 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arts & Science Council Charlotte Mecklenburg Inc Charlotte, NC | $42,519,495 | $11,600,726 |
Professional Photographers Of America Inc Atlanta, GA | $48,960,545 | $12,325,076 |
Inda Association Of The Non Woven Fabrics Industry Cary, NC | $9,846,018 | $4,859,607 |
Andreas H Bechtler Arts Foundation Charlotte, NC | $39,434,021 | $2,461,495 |
Georgia Association Of Manufacturers Inc Atlanta, GA | $2,700,140 | $2,292,406 |
The Center For Craft Creativity & Design Inc Asheville, NC | $15,329,103 | $2,386,393 |
Forward Arts Foundation Inc Atlanta, GA | $5,240,641 | $1,648,904 |
Southern Highland Handicraft Guild Inc Asheville, NC | $7,206,278 | $2,199,830 |
Mccoll Center For Art & Innovation Charlotte, NC | $14,043,354 | $2,439,387 |
The Bascom Corporation Highlands, NC | $11,572,802 | $1,588,338 |
The Sawtooth School For Visual Art Winstonsalem, NC | $939,026 | $1,169,781 |
Pocosin Arts Incorporated Columbia, NC | $3,627,499 | $2,263,409 |