Village Fine Arts Association
- Assets
- $54.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milford, MI
- Founding
- 07/1994
- Data as of
- 12/2021
- EIN
- 38-3037710
Organization Overview
Village Fine Arts Association is located in Milford, MI. The organization was established in 1994. 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. Village Fine Arts Association 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 12/2021, Village Fine Arts Association generated $117.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $133.8k during the year ending 12/2021. While expenses have increased by 9.3% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Candace Brancik Treasurer Bookkeeper | 17 | $14,023 | |
Alicia Brown Director | 24 | $10,000 | |
Keri Cleasby Coordinator | 24 | $10,000 | |
Susan Gollon Executive Director | 11 | $4,337 | |
Kathy Fish Vice President | 1 | $2,644 | |
Andrea Perry Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,596 |
| Total Program Service Revenue | $57,075 |
| Membership dues | $4,420 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,461 |
| Other Revenue | $0 |
| Total Revenue | $117,819 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,666 |
| Professional fees and other payments to independent contractors | $37,853 |
| Occupancy, rent, utilities, and maintenance | $42,416 |
| Printing, publications, postage, and shipping | $891 |
| Other expenses | $15,999 |
| Total expenses | $133,825 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,338 |
| Other assets | $0 |
| Total assets | $54,102 |
| Total liabilities | $3,953 |
| Net assets or fund balances | $50,149 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Village Fine Arts Association has recieved totaling $5,053.
| Awarding Organization | Amount |
|---|---|
Kresge Foundation Troy, MI PURPOSE: THIS GRANT PROVIDES GENERAL OPERATING SUPPORT TO VILLAGE FINE ARTS ASSOCIATION AS PART OF ROUND 6 OF THE DETROIT ARTS SUPPORT (DAS) INITIATIVE, WHICH PROVIDES UNRESTRICTED SUPPORT TO ARTS AND CULTURE ORGANIZATIONS OF ALL DISCIPLINES AND SIZES ACROSS THE METROPOLITAN DETROIT AREA. | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $53 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Credit Unions Chartered In The State Of Michigan Plymouth, MI | $1,253,139,306 | $61,092,324 |
Painting Industry Insurance Fund Strongsville, OH | $10,051,774 | $13,147,287 |
The American Ceramic Society Inc Westerville, OH | $14,880,081 | $7,163,335 |
Museum Of Contemporary Art Cleveland Cleveland, OH | $27,997,238 | $2,174,653 |
Glass City Academy Toledo, OH | $3,212,958 | $2,938,051 |
Pewabic Society Inc Detroit, MI | $5,130,048 | $2,328,763 |
Artprize Grand Rapids Grand Rapids, MI | $1,087,754 | $2,849,118 |
Downtown Toledo Development Corporation Toledo, OH | $1,911,388 | $1,327,098 |
Birmingham Bloomfield Art Center Inc Birmingham, MI | $4,209,000 | $1,197,549 |
Fotofocus Cincinnati Cincinnati, OH | $11,862,912 | $5,313,747 |
Ann Arbor Art Association Ann Arbor, MI | $3,527,483 | $1,787,495 |
Intermuseum Conservation Association Cleveland, OH | $2,305,026 | $921,722 |