Canadian River Art Center
- Assets
- $23.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Canadian, TX
- Founding
- 06/2014
- Data as of
- 12/2019
- EIN
- 45-5269937
Organization Overview
Canadian River Art Center is located in Canadian, TX. The organization was established in 2014. 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. Canadian River Art Center 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 12/2019, Canadian River Art Center generated $60.4k 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 (15.9%) each year. All expenses for the organization totaled $46.1k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (22.7%) per year over the past 5 years. 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
2019
Describe the Organization's Program Activity:
Part 3
ART CLASSES PROVIDED IN THE STUDIO TO APPROXIMATELY 25 CHILDREN AND 5 ADULTS. ART CLASSES PROVIDED AT AN ASSISTED LIVING CENTER TO AN AVERAGE OF 5 PEOPLE PER SESSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Sturgeon President | 1 | $0 | |
Al'louise Ramp Secretary | 1 | $0 | |
Britt Sturgeon Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,920 |
| Total Program Service Revenue | $15,457 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,377 |
| 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 | $31,651 |
| Occupancy, rent, utilities, and maintenance | $9,400 |
| Printing, publications, postage, and shipping | $108 |
| Other expenses | $4,942 |
| Total expenses | $46,101 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,983 |
| Other assets | $0 |
| Total assets | $23,533 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,533 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Canadian River Art Center has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Amarillo Area Foundation Inc Amarillo, TX PURPOSE: PROGRAM SUPPORT | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dallas Contemporary Dallas, TX | $3,580,432 | $1,729,811 |
Louisiana Art And Science Museum Inc Baton Rouge, LA | $6,561,733 | $3,010,375 |
Kid Smart New Orleans, LA | $1,431,671 | $1,483,541 |
Glass Control Inc Emp Ben Tr Lubbock, TX | $187,823 | $1,183,121 |
Ballroom Cultural Arts Foundation Marfa, TX | $1,422,501 | $1,165,140 |
Gil And Dody Weaver Foundation Dallas, TX | $0 | $964,218 |
Fotofest Inc Houston, TX | $1,959,929 | $2,155,129 |
Interform Springdale, AR | $499,617 | $931,526 |
Inspiration Point Fine Arts Colony Inc Eureka Springs, AR | $3,726,831 | $2,341,148 |
Dallas Spark Dallas, TX | $494,166 | $779,653 |
Valere B Potter Trust Uw Dallas, TX | $5,062,926 | $695,206 |
Creative Arts Center Of Dallas Dallas, TX | $609,840 | $730,284 |