Laurel Arts League Inc
- Assets
- $115.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Laurel, MS
- Founding
- 11/1975
- Data as of
- 08/2024
- EIN
- 23-7378049
Organization Overview
Laurel Arts League Inc is located in Laurel, MS. The organization was established in 1975. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, 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. Laurel Arts League 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 08/2024, Laurel Arts League Inc generated $74.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $57.9k during the year ending 08/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE LAUREL ARTS LEAGUE IS TO CARRY OUT A CONTINUOUS PROGRAM OF THE ARTS IN LAUREL, JONES COUNTY, MISSISSIPPI. TO FINANCE, PLAN, ORGANIZE, AND PROMOTE ARTS EVENTS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn Trest Vice President | 0 | $0 | |
Terri Knight President | 0 | $0 | |
Nikki Watkins Assistant Treasurer | 0 | $0 | |
Aly Saxton Treasurer | 0 | $0 | |
Laura Zumwalt Assistant Secretary | 0 | $0 | |
Danielle Ashley Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,604 |
| Total Program Service Revenue | $12,228 |
| Membership dues | $10,230 |
| Investment income | $4,680 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,742 |
| 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 | $9,527 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $953 |
| Other expenses | $30,310 |
| Total expenses | $57,890 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,420 |
| Other assets | $0 |
| Total assets | $115,420 |
| Total liabilities | $0 |
| Net assets or fund balances | $115,420 |