Fine Arts In Rockbridge
- Assets
- $57.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, VA
- Founding
- 05/1973
- Data as of
- 06/2021
- EIN
- 23-7303023
Organization Overview
Fine Arts In Rockbridge is located in Lexington, VA. The organization was established in 1973. 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. Fine Arts In Rockbridge 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 06/2021, Fine Arts In Rockbridge generated $30.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $63.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 6 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 |
|---|---|---|---|
Erik Jones Executive Director | 40 | $30,000 | |
Chris Krukewitt President | 0 | $0 | |
Patte Wood Director | 0 | $0 | |
Jenefer Davies Director | 0 | $0 | |
Brandon Patterson Director | 0 | $0 | |
Chris Mcgrath Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,113 |
| Total Program Service Revenue | $2,763 |
| Membership dues | $0 |
| Investment income | $1,946 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,822 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,520 |
| Professional fees and other payments to independent contractors | $525 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $141 |
| Other expenses | $13,327 |
| Total expenses | $63,513 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,978 |
| Other assets | $0 |
| Total assets | $57,751 |
| Total liabilities | $591 |
| Net assets or fund balances | $57,160 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arts For Learning Maryland Inc Baltimore, MD | $6,641,105 | $9,137,823 |
Penland School Of Craft Penland, NC | $77,347,904 | $8,195,417 |
Arrowmont School Of Arts And Crafts Gatlinburg, TN | $53,053,900 | $4,804,249 |
Baltimore School For The Arts Fdn Inc Baltimore, MD | $22,453,780 | $3,552,392 |
The Metropolitan Center For The Visual Arts Inc Rockville, MD | $1,589,727 | $2,983,675 |
International Public Management Association For Human Resources Alexandria, VA | $3,795,401 | $2,711,747 |
Artsplus Charlotte, NC | $2,425,687 | $2,154,815 |
Theatre Lab Washington, DC | $1,317,349 | $1,528,317 |
Wide Angle Youth Media Inc Baltimore, MD | $2,050,575 | $2,195,413 |
Sultana Education Foundation Inc Chestertown, MD | $9,308,717 | $2,075,256 |
D C Arts And Humanities Education Collaborative Inc Washington, DC | $468,778 | $1,127,948 |
Appalachian Artisan Center Of Kentucky Inc Hindman, KY | $4,477,331 | $761,854 |