Carbon County Arts Guild
- Assets
- $182.0k
- Revenue
- $189.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Red Lodge, MT
- Founding
- 04/1975
- Data as of
- 12/2023
- EIN
- 23-7260614
Organization Overview
Carbon County Arts Guild is located in Red Lodge, MT. The organization was established in 1975. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Carbon County Arts Guild employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carbon County Arts Guild 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, Carbon County Arts Guild generated $189.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $222.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ACCESS TO ART, SUPPORT ARTISTIC EXPRESSION, AND ENCOURAGE CREATIVE EXPERIENCES FOR THE ENRICHMENT OF OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BENEFITS PROVIDED TO MEMBERSHIP AND GENERAL PUBLIC BY MAINTAINING THE GALLERY WHERE MEMBERS CAN DISPLAY AND SELL THEIR WORKS OF ART.
ART EDUCATION - WORKSHOPS & CLASSES WITH 300-400 PEOPLE INVOLVED.
ART SHOWS/JUDGING OF ART. JURIED ART SHOWS & RECEPTIONS WITH OVER 3000 PEOPLE INVOLVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Kapalka Executive Dir. | Officer | 40 | $48,331 |
Maryanne Depesquo Director | Trustee | 1 | $0 |
David Mcmasters Director | Trustee | 1 | $0 |
Jennifer Lyman Director | Trustee | 1 | $0 |
Barb Ostrum Treasurer | Officer | 1 | $0 |
Connie Herberg Vice President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,627 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $98,547 |
| Noncash contributions included in lines 1a–1f | $2,613 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,174 |
| Total Program Service Revenue | $2,483 |
| Investment income | $2,047 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$965 |
| Net Income from Fundraising Events | $38,882 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $34,317 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $189,848 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $48,331 |
| Compensation of current officers, directors, key employees. | $19,332 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,131 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $815 |
| Payroll taxes | $5,434 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,311 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,283 |
| Advertising and promotion | $16,175 |
| Office expenses | $8,098 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,615 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,148 |
| Interest | $1,395 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,791 |
| Insurance | $0 |
| All other expenses | $10,041 |
| Total functional expenses | $222,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,301 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $20,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $68,940 |
| Investments—publicly traded securities | $37,741 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $181,982 |
| Accounts payable and accrued expenses | $10,415 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $50,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $60,415 |
| Net assets without donor restrictions | $91,230 |
| Net assets with donor restrictions | $30,337 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $181,982 |