Pottawattamie Arts Culture & Entertainment
- Assets
- $18.9m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 33
- Location
- Council Bluffs, IA
- Founding
- 02/1983
- Data as of
- 12/2022
- EIN
- 42-1185311
Organization Overview
Pottawattamie Arts Culture & Entertainment, operating under the name Pottawattamie Artsculture Entertainment, is located in Council Bluffs, IA. The organization was established in 1983. 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. As of 12/2022, Pottawattamie Artsculture Entertainment employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pottawattamie Artsculture Entertainment 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 12/2022, Pottawattamie Artsculture Entertainment generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.4%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO STRENGTHEN, DEVELOP AND PROMOTE ARTS, CULTURAL AND HISTORICAL INSTITUTIONS, ORGANIZATIONS AND ACTIVITIES IN COUNCIL BLUFFS AND POTTAWATTAMIE COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT - PROGRAMMING AND EDUCATION PROVIDED TO ADULTS.
ALL OTHER ACTIVITIES
CHILDREN - PROGRAMMING, EDUCATION AND CAMPS PROVIDED TO SCHOOL-AGED CHILDREN.
COMMUNITY - PROGRAMMING AND EDUCATION PROVIDED TO COMMUNITY MEMBERS OF ALL AGES.
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 |
|---|---|---|---|
Nikki Tiarks Chair | OfficerTrustee | 1 | $0 |
Emma Chance Board Member | Trustee | 1 | $0 |
Tim German Treasurer | OfficerTrustee | 1 | $0 |
Kathy Rieger Board Member | Trustee | 1 | $0 |
Patti Hannan Governance Committee Chair | Trustee | 1 | $0 |
Kathleen Pyper Member-At-Large | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $44,345 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $116,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $871,424 |
| Noncash contributions included in lines 1a–1f | $8,790 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,032,269 |
| Total Program Service Revenue | $63,225 |
| Investment income | $4,806 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $226,648 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,682,566 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $113,082 |
| Compensation of current officers, directors, key employees. | $62,292 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $609,080 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,679 |
| Advertising and promotion | $45,351 |
| Office expenses | $68,666 |
| Information technology | $770 |
| Royalties | $0 |
| Occupancy | $607,429 |
| Travel | $8,307 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,424 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $366,342 |
| Insurance | $33,355 |
| All other expenses | $0 |
| Total functional expenses | $2,127,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,496,402 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $336,555 |
| Accounts receivable, net | $18,154 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $8,117,419 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $8,821,664 |
| Intangible assets | $0 |
| Other assets | $92,635 |
| Total assets | $18,882,829 |
| Accounts payable and accrued expenses | $91,058 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $91,058 |
| Net assets without donor restrictions | $18,791,771 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $18,882,829 |