Wabash Valley Arts Council
- Assets
- $144.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Carmel, IL
- Founding
- 09/1991
- Data as of
- 06/2022
- 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 06/2022, Wabash Valley Arts Council generated $63.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.5% each year . All expenses for the organization totaled $27.6k during the year ending 06/2022. While expenses have increased by 16.1% per year over the past 7 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
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 | $63,185 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $113 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,298 |
| 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 | $17,675 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,970 |
| Total expenses | $27,645 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $144,371 |
| Other assets | $0 |
| Total assets | $144,371 |
| Total liabilities | $0 |
| Net assets or fund balances | $144,371 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mid-America Arts Alliance Kansas City, MO | $12,444,344 | $5,873,119 |
Arts United Of Greater Fort Wayne Fort Wayne, IN | $21,534,301 | $3,773,379 |
Regional Cultural & Performing Arts Development Commission St Louis, MO | $5,092,606 | $4,539,915 |
Indiana Humanities Council Inc Indianapolis, IN | $8,992,568 | $3,654,687 |
Performing Arts Foundation Inc Wausau, WI | $2,793,768 | $2,598,770 |
Arts & Education Council Of Greater St Louis St Louis, MO | $3,607,788 | $2,239,386 |
Metropolitan Arts Council Of Greater Kansas City Kansas City, MO | $1,490,400 | $2,232,014 |
Pottawattamie Arts Culture & Entertainment Council Bluffs, IA | $21,175,917 | $2,201,183 |
Lexarts Inc Lexington, KY | $1,309,442 | $1,460,251 |
Kentucky Humanities Council Inc University Of Kentucky Lexington, KY | $5,126,960 | $1,642,415 |
Quad City Arts Inc Rock Island, IL | $1,454,915 | $1,845,550 |
The Carnegie Visual & Performing Arts Center Inc Covington, KY | $3,558,181 | $1,470,526 |