Fine Arts Association Of Southeastern Kentucky Inc
- Assets
- $108.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corbin, KY
- Founding
- 12/1977
- Data as of
- 08/2022
- EIN
- 31-0884971
Organization Overview
Fine Arts Association Of Southeastern Kentucky Inc is located in Corbin, KY. The organization was established in 1977. 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. Fine Arts Association Of Southeastern Kentucky 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 08/2022, Fine Arts Association Of Southeastern Kentucky Inc generated $13.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.0%) each year. All expenses for the organization totaled $1.4k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (45.2%) per year over the past 7 years. 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
THE ORGANIZATION PROMOTES THE ARTS BY PROVIDING A VARIETY OF CONCERTS FOR THE GENERAL PUBLIC AT A REASONABLE COST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Usha Patil President | 0 | $0 | |
Frances C Ball Vice President | 0 | $0 | |
Beth Lovett Treasurer | 0 | $0 | |
Betty Comer Secretary | 0 | $0 | |
Anne Hoskins Director | 0 | $0 | |
Bruce Corey Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $13,010 |
| Membership dues | $0 |
| Investment income | $166 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,176 |
| 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 | $450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $944 |
| Total expenses | $1,394 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,530 |
| Other assets | $0 |
| Total assets | $107,968 |
| Total liabilities | $0 |
| Net assets or fund balances | $107,968 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fine Arts Association Of Southeastern Kentucky Inc has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The American Ceramic Society Inc Westerville, OH | $14,880,081 | $7,163,335 |
Textile Rental Services Association Of America Inc Alexandria, VA | $12,660,390 | $5,781,606 |
Fenestration And Glazing Industry Alliance Schaumburg, IL | $6,384,205 | $4,966,632 |
Museum Of Contemporary Art Cleveland Cleveland, OH | $27,997,238 | $2,174,653 |
Fibre Box Association Itasca, IL | $1,560,987 | $3,611,412 |
Hyde Park Art Center Chicago, IL | $13,112,741 | $7,741,893 |
Glass City Academy Toledo, OH | $3,212,958 | $2,938,051 |
Master Craftsmen Foundation Kansas City, MO | $0 | $269 |
Virginia Museum Of Contemporary Art Virginia Beach, VA | $2,164,198 | $3,254,466 |
Arts Club Of Chicago Chicago, IL | $22,777,301 | $152,339 |
Graham Foundation For Advanced Studies In The Fine Arts Chicago, IL | $0 | $687,158 |
Laumeier Sculpture Park St Louis, MO | $5,586,221 | $2,296,143 |