Vctc Inc is located in Volga, IA. The organization was established in 2012. According to its NTEE Classification (A60) the organization is classified as: Performing 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. Vctc 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 07/2022, Vctc Inc generated $101.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $74.0k during the year ending 07/2022. While expenses have increased by 16.9% per year over the past 4 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
FUNDRAISING EVENTS TO PROVIDE FOR RENOVATIONS OF THE VOLGA CITY OPERA HOUSE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Lott President | 0 | $0 | |
Thomas Klingman Secretarytreasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $49,713 |
Total Program Service Revenue | $45,096 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $28,927 |
Other Revenue | $1,227 |
Total Revenue | $100,966 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $8,119 |
Professional fees and other payments to independent contractors | $27,428 |
Occupancy, rent, utilities, and maintenance | $9,609 |
Printing, publications, postage, and shipping | $10,239 |
Other expenses | $18,579 |
Total expenses | $73,974 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $16,151 |
Other assets | $0 |
Total assets | $248,884 |
Total liabilities | $63,665 |
Net assets or fund balances | $185,219 |
Over the last fiscal year, we have identified 2 grants that Vctc Inc has recieved totaling $31,025.
Awarding Organization | Amount |
---|---|
Upper Mississippi Gaming Corp Mcgregor, IA PURPOSE: STAGE & LIVE STREAM | $31,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
Organization Name | Assets | Revenue |
---|---|---|
Springboard For The Arts Saint Paul, MN | $11,189,893 | $6,226,382 |
Irish Festivals Inc Wauwatosa, WI | $3,948,548 | $3,527,102 |
Penumbra Theatre Company Inc St Paul, MN | $11,072,613 | $11,767,246 |
Vermillion Development Company Vermillion, SD | $13,347,571 | $1,278,713 |
Great River Educational Arts Theatre Waite Park, MN | $2,124,043 | $1,298,564 |
Thelma Sadoff Center For The Arts Inc Fond Du Lac, WI | $5,501,310 | $863,155 |
Hoogland Center For The Arts Inc Springfield, IL | $6,969,049 | $1,022,079 |
The Cedar Cultural Center Inc Minneapolis, MN | $2,037,241 | $1,717,061 |
Kuumba Lynx Chicago, IL | $1,227,292 | $991,440 |
Natya Dance Theatre Oakbrook, IL | $1,497,460 | $845,551 |
Tobacco Road Incorporated Chicago, IL | $6,766,640 | $242,517 |
The Fitzgerald Theater Company St Paul, MN | $560 | $643,988 |