Visual Arts Association Of Livonia Inc
- Assets
- $5.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Livonia, MI
- Founding
- 04/1984
- Data as of
- 12/2020
- EIN
- 38-2476222
Organization Overview
Visual Arts Association Of Livonia Inc is located in Livonia, MI. The organization was established in 1984. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, 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. Visual Arts Association Of Livonia 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 12/2020, Visual Arts Association Of Livonia Inc generated $19.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.3%) each year. All expenses for the organization totaled $26.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (17.3%) per year over the past 5 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 |
|---|---|---|---|
Jean Figurski President/tr | 2 | $0 | |
Mary Cline Vice Preside | 1 | $0 | |
Sharon Williams Secretary | 1 | $0 | |
Dorothy Amberger Member | 0.5 | $0 | |
Laraine Walowich Member | 2 | $0 | |
Mary Cline Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,984 |
| Total Program Service Revenue | $13,245 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,229 |
| 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 | $7,360 |
| Occupancy, rent, utilities, and maintenance | $11,466 |
| Printing, publications, postage, and shipping | $472 |
| Other expenses | $6,779 |
| Total expenses | $26,077 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,096 |
| Other assets | $0 |
| Total assets | $5,151 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,151 |