Brookings Arts Council
- Assets
- $101.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brookings, SD
- Founding
- 07/1976
- Data as of
- 12/2022
- EIN
- 46-0335577
Organization Overview
Brookings Arts Council is located in Brookings, SD. The organization was established in 1976. 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. Brookings 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 12/2022, Brookings Arts Council generated $45.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $57.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
THE BROOKINGS ARTS COUNCIL (BAC) IS TO ENCOURAGE COMMUNITY CONNECTIONS THROUGH THE ARTS BY PROVIDING A SUPPORTIVE ENVIRONMENT FOR AWARENESS, APPRECIATION AND PARTICIPATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamison Lamp President | 3 | $0 | |
Linda Hoffelt Director | 0.5 | $0 | |
Linda Purrington Secretary | 1 | $0 | |
John Capone Treasurer | 5 | $0 | |
Mary Husman Director | 0.5 | $0 | |
Shelby Meyer Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,208 |
| Total Program Service Revenue | $17,662 |
| Membership dues | $6,036 |
| Investment income | $191 |
| Gain or Loss | -$15 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $909 |
| Total Revenue | $44,991 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,343 |
| Professional fees and other payments to independent contractors | $1,407 |
| Occupancy, rent, utilities, and maintenance | $2,599 |
| Printing, publications, postage, and shipping | $1,382 |
| Other expenses | $27,978 |
| Total expenses | $57,443 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,762 |
| Other assets | $0 |
| Total assets | $101,834 |
| Total liabilities | $0 |
| Net assets or fund balances | $101,834 |