Geneva Foundation For The Arts is located in Geneva, IL. The organization was established in 2014. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Geneva Foundation For The Arts 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, Geneva Foundation For The Arts generated $25.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (25.1%) each year. All expenses for the organization totaled $24.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (22.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tim Nelson President | 10 | $0 | |
Brett Sanders Treasurer | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $7,639 |
Total Program Service Revenue | $17,441 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $350 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $25,430 |
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 | $712 |
Occupancy, rent, utilities, and maintenance | $10,863 |
Printing, publications, postage, and shipping | $166 |
Other expenses | $13,090 |
Total expenses | $24,831 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $7,587 |
Other assets | $0 |
Total assets | $7,587 |
Total liabilities | $0 |
Net assets or fund balances | $7,587 |