Winston-Salem Delta Fine Arts Incorporated
- Assets
- $563.3k
- Revenue
- $132.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Winston Salem, NC
- Founding
- 04/1973
- Data as of
- 06/2022
- EIN
- 23-7282952
Organization Overview
Winston-Salem Delta Fine Arts Incorporated is located in Winston Salem, NC. The organization was established in 1973. 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. As of 06/2022, Winston-Salem Delta Fine Arts Incorporated employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winston-Salem Delta Fine Arts Incorporated 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, Winston-Salem Delta Fine Arts Incorporated generated $132.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 29.1% each year . All expenses for the organization totaled $109.1k during the year ending 06/2022. While expenses have increased by 21.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTES APPRECIATION OF THE ARTS THROUGH EXHIBITIONS, LECTURES, SYMPOSIUMS, AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTED EXHIBITIONS, LECTURES, CONCERTS, SYMPOSIUMS, AND CLASS INSTRUCTION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kashif Powell Executive Director | Officer | 40 | $3,959 |
Charmon Baker President | OfficerTrustee | 20 | $0 |
Honorable Denise S Hartsfield Vice President Nominating Chair | OfficerTrustee | 4 | $0 |
Jackie Haynes Immediate Past President | OfficerTrustee | 1 | $0 |
Daphne Holmes-Johnson Fund Development Chair | Trustee | 1 | $0 |
Corry Brunson Technology Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $200 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,820 |
| All other contributions, gifts, grants, and similar amounts not included above | $87,487 |
| Noncash contributions included in lines 1a–1f | $207 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,507 |
| Total Program Service Revenue | $725 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,044 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$227 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$75 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $131,974 |
| 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. | $2,428 |
| Compensation of current officers, directors, key employees. | $2,428 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,844 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $974 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,694 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,233 |
| Advertising and promotion | $3,724 |
| Office expenses | $3,928 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,515 |
| Travel | $4,183 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,069 |
| Insurance | $3,312 |
| All other expenses | $2,052 |
| Total functional expenses | $109,085 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,929 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,347 |
| Accounts receivable, net | $1,347 |
| 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 | $379,863 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $35,816 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $563,302 |
| Accounts payable and accrued expenses | $2,700 |
| 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 | $52,338 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $55,038 |
| Net assets without donor restrictions | $483,856 |
| Net assets with donor restrictions | $24,408 |
| 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 | $563,302 |