Ripley Arts Council Inc
- Assets
- $172.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ripley, MS
- Founding
- 03/2008
- Data as of
- 12/2022
- EIN
- 26-0741991
Organization Overview
Ripley Arts Council Inc is located in Ripley, MS. The organization was established in 2008. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Ripley Arts Council 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 12/2022, Ripley Arts Council Inc generated $44.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $54.7k during the year ending 12/2022. While expenses have increased by 4.5% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
COMMUNITY THEATRE PRODUCTIONS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Benson Director | 0.25 | $0 | |
Tonya Adams Director | 0.25 | $0 | |
Roxanne Ward Treasurer | 0.5 | $0 | |
Will Vance President | 0.5 | $0 | |
Beatrice Mitchell Director | 0.25 | $0 | |
Bob Glover CFO | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,475 |
| Total Program Service Revenue | $8,022 |
| Membership dues | $0 |
| Investment income | $16 |
| Gain or Loss | -$677 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,836 |
| 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 | $1,200 |
| Occupancy, rent, utilities, and maintenance | $14,618 |
| Printing, publications, postage, and shipping | $1,575 |
| Other expenses | $37,296 |
| Total expenses | $54,689 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,616 |
| Other assets | $0 |
| Total assets | $172,574 |
| Total liabilities | $0 |
| Net assets or fund balances | $172,574 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Music City Inc Nashville, TN | $1,837,848 | $7,930,504 |
Crosstown Arts Memphis, TN | $38,457,214 | $4,680,625 |
Efforts Of Grace Inc New Orleans, LA | $9,750,115 | $6,712,838 |
Memphis Equity Through Arts Meta Incorporated Memphis, TN | $5,874,530 | $7,164,597 |
Memphis In May International Festival Inc Memphis, TN | $4,677,503 | $2,273,583 |
Oz Arts Inc Nashville, TN | $1,496,568 | $2,618,121 |
The Walls Project Baton Rouge, LA | $407,630 | $1,770,639 |
Dogwood Arts Festival Inc Knoxville, TN | $1,363,959 | $2,091,446 |
Gadsden Cultural Arts Foundation Inc Gadsden, AL | $3,782,043 | $1,493,599 |
French Quarter Festival Inc New Orleans, LA | $3,644,496 | $2,861,776 |
Red River Revel Arts Festival Shreveport, LA | $880,187 | $1,819,546 |
Songwritingwith Inc Nashville, TN | $915,938 | $1,229,591 |