Mountain Brook Art Association
- Assets
- $41.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mountain Brook, AL
- Founding
- 04/2014
- Data as of
- 12/2018
- EIN
- 27-2217688
Organization Overview
Mountain Brook Art Association is located in Mountain Brook, AL. The organization was established in 2014. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountain Brook Art Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2018, Mountain Brook Art Association generated $51.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $33.8k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (13.3%) per year over the past 4 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 |
|---|---|---|---|
Ed Wilson President | 2 | $0 | |
Carol Carmichael Past Preside | 2 | $0 | |
Portia Williams VP Programs | 2 | $0 | |
Rick Plasters President El | 2 | $0 | |
Katie Adams VP Membershi | 2 | $0 | |
Darcy Glenn Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,970 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $43,134 |
| Total Revenue | $51,107 |
| 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 | $764 |
| Occupancy, rent, utilities, and maintenance | $4,067 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,015 |
| Total expenses | $33,846 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,322 |
| Other assets | $0 |
| Total assets | $41,322 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,322 |
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