Wabash Valley Arts Council
- Assets
- $99.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Carmel, IL
- Founding
- 09/1991
- Data as of
- 06/2024
- EIN
- 37-1124072
Organization Overview
Wabash Valley Arts Council is located in Mount Carmel, IL. The organization was established in 1991. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Wabash Valley Arts Council 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 06/2024, Wabash Valley Arts Council generated $76.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 22.6% each year . All expenses for the organization totaled $73.3k during the year ending 06/2024. While expenses have increased by 25.1% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
WABASH VALLEY COLLEGE FOUNDATION GRANT OF PROMOTIONOF THE ARTS IN WABASH COUNTY ILLINOIS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Bayne President | 10 | $0 | |
Louise Acree Secretary | 5 | $0 | |
Donna Sigler Treasurer | 10 | $0 | |
Jim Cox Director | 5 | $0 | |
William Easton Director | 5 | $0 | |
Marcia Woodcock Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,005 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $372 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,236 |
| 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 | $11,135 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $17 |
| Other expenses | $62,103 |
| Total expenses | $73,255 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,436 |
| Other assets | $0 |
| Total assets | $99,436 |
| Total liabilities | $0 |
| Net assets or fund balances | $99,436 |