Lake Arts Council
- Assets
- $59.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Osage Beach, MO
- Founding
- 02/1986
- Data as of
- 06/2022
- EIN
- 43-1372169
Organization Overview
Lake Arts Council is located in Osage Beach, MO. The organization was established in 1986. 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. Lake 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, Lake Arts Council generated $45.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $50.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 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 |
|---|---|---|---|
Shaunna Woods Vice President | 10 | $0 | |
Robert Blair President | 15 | $0 | |
Angela Roquet Mothersbaugh Secretary | 5 | $0 | |
Hope Wyman Treasurer | 5 | $0 | |
Matthew Clemmons Admin Asst | 25 | $0 | |
Kathy Chinn Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,147 |
| Total Program Service Revenue | $11,389 |
| Membership dues | $0 |
| Investment income | $894 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,854 |
| Total Revenue | $45,284 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,719 |
| Professional fees and other payments to independent contractors | $200 |
| Occupancy, rent, utilities, and maintenance | $22,123 |
| Printing, publications, postage, and shipping | $980 |
| Other expenses | $11,894 |
| Total expenses | $50,916 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,003 |
| Other assets | $0 |
| Total assets | $59,003 |
| Total liabilities | $367 |
| Net assets or fund balances | $58,636 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lake Arts Council has recieved totaling $49.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $49 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mid-America Arts Alliance Kansas City, MO | $12,444,344 | $5,873,119 |
Arts Council Of Oklahoma City Oklahoma City, OK | $5,417,646 | $3,471,903 |
Arts Memphis Memphis, TN | $27,136,198 | $4,849,435 |
Regional Cultural & Performing Arts Development Commission St Louis, MO | $5,092,606 | $4,539,915 |
Arts And Humanities Council Of Tulsa Inc Tulsa, OK | $13,547,923 | $1,595,922 |
Nebraska Humanities Council Lincoln, NE | $300,556 | $1,742,597 |
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 |
Union For Contemporary Art Inc Omaha, NE | $4,100,351 | $2,843,847 |
Kentucky Humanities Council Inc University Of Kentucky Lexington, KY | $5,126,960 | $1,642,415 |