Beloit Art Center Inc
- Assets
- $240.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beloit, WI
- Founding
- 11/2002
- Data as of
- 12/2023
- EIN
- 39-2040460
Organization Overview
Beloit Art Center Inc is located in Beloit, WI. The organization was established in 2002. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Beloit Art Center 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 12/2023, Beloit Art Center Inc generated $101.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $68.9k during the year ending 12/2023. While expenses have increased by 13.6% 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
2023
Describe the Organization's Program Activity:
Part 3
ART CLASSES AND WORKSHOPS OFFERED TO YOUTH AND ADULTSOFFERING TRAINING IN VARIOUS ART TECHNIQUES AND PHOTOGRAPHY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theron Seitz Board Member | 1 | $0 | |
Ben Henthorn Board Member | 10 | $0 | |
Nancy Clark-Mather Secretary | 1 | $0 | |
Dorota Olszewski Board Member | 1 | $0 | |
Jo Christofferson Treasurer | 4 | $0 | |
Jeni Schomber Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,233 |
| Total Program Service Revenue | $56,411 |
| Membership dues | $24,765 |
| Investment income | $3,419 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,410 |
| Other Revenue | $40 |
| Total Revenue | $101,401 |
| 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 | $5,183 |
| Occupancy, rent, utilities, and maintenance | $33,658 |
| Printing, publications, postage, and shipping | $468 |
| Other expenses | $29,638 |
| Total expenses | $68,947 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $155,183 |
| Other assets | $0 |
| Total assets | $240,368 |
| Total liabilities | $69,473 |
| Net assets or fund balances | $170,895 |