Encaustic Art Inc
- Assets
- $29.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cerrillos, NM
- Founding
- 06/2011
- Data as of
- 12/2022
- EIN
- 27-1162666
Organization Overview
Encaustic Art Inc is located in Cerrillos, NM. The organization was established in 2011. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Encaustic Art 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, Encaustic Art Inc generated $64.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $78.1k during the year ending 12/2022. 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
ONGOING OPERATION OF THE ENCAUSTIC ART INSTITUTE (EAI) - PROVIDES MEMBERSHIPS, EDUCATION, WORKSHOPS, JURIED EXHIBITIONS AND SEMI-ANNUAL ON- LINEPUBLICATION OF ENCAUSTIC ARTS MAGAZINE. IN ADDITION, EAI OPERATES THE MUSEUM OF ENCAUSTIC ART (MOEART.ORG) - HOUSING THE LARGEST COLLECTION OF ENCAUSTIC ART IN THE UNITED STATES WITH OVER 450 WORKS OF ART IN ITS PERMANENT COLLECTION. THE 2500 SQUARE FOOT MUSEUM IS OPEN TO THE PUBLIC OFFERING ROTATING EVENTS, SPECIAL EXHIBITIONS, AND AN ON-LINE CATALOG OF THE ENTIRE PERMANENT COLLECTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Mehrens Founder / Di | 20 | $0 | |
Glenn Fellows President | 2 | $0 | |
Adrienne Mehrens Executive Di | 20 | $18,000 | |
Michael Allison Director | 1 | $0 | |
Bill Sabatini Director | 1 | $0 | |
Andrew Adleman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,361 |
| Total Program Service Revenue | $15,645 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,017 |
| 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 | $50,153 |
| Occupancy, rent, utilities, and maintenance | $5,346 |
| Printing, publications, postage, and shipping | $2,081 |
| Other expenses | $20,568 |
| Total expenses | $78,148 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,082 |
| Other assets | $0 |
| Total assets | $29,105 |
| Total liabilities | $32,700 |
| Net assets or fund balances | -$3,595 |