Bellefonte Art Museum For Centre County
- Assets
- $344.6k
- Revenue
- $129.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Bellefonte, PA
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-2977395
Organization Overview
Bellefonte Art Museum For Centre County is located in Bellefonte, PA. The organization was established in 2014. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Bellefonte Art Museum For Centre County employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bellefonte Art Museum For Centre County 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, Bellefonte Art Museum For Centre County generated $129.2k 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 (5.9%) each year. All expenses for the organization totaled $181.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. 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 PROMOTE THE VISUAL ARTS, STIMULATE CURIOSITY, IMAGINATION AND CREATIVITY, AND TO PROMOTE LIVELY AND THOUGHTFUL PARTICIPATION.THE MUSEUM FOCUSES ON THE WORKS OF LOCAL ARTISTS, CULTURAL ART AND LOCAL COLLECTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHOWCASE AND SELL WORKS BY LOCAL ARTISTS AND TO PROVIDE ENRICHMENT BY SHOWING ART FROM AROUND THE WORLD AS WELL AS ART FROM THE LOCAL COMMUNITY. THE MUSEUM PROVIDES ENRICHMENT TO OUR COMMUNITIES THROUGH FREE ART SHOWS, CLASSES AND CULTURAL EXHIBITS. ARTIST REGISTRY THAT HELPS PROMOTE AND EXHIBIT ART BY 165+ LOCAL ARTISTS. CHILDREN'S CREATIVITY CENTER OFFERS FREE ART CLASSES EVERY "1ST SUNDAYX AND AN HUGE LEGO COLLECTION AND LEGO WALL.
TWIGA MUSEUM STORE FEATURES FINE HAND-CRAFTED ITEMS CREATED BY OUR MUSEUM REGISTRY ARTISTS, ALONG WITH A SELECT GROUP OF ARTISTS FROM OUTSIDE THE AREA. INCLUDES WALL ART, JEWELRY AND POTTERY, TO WEARABLE ART, CARDS AND BOOKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia House President | Officer | 30 | $0 |
John Mccarthy Vice President | Officer | 3 | $0 |
John Baker Trustee At Large | Officer | 5 | $0 |
John Swisher Trustee At Large | Officer | 5 | $0 |
Carla Roser-Jones Trustee At Large | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $32,752 |
| Fundraising events | $8,423 |
| Related organizations | $0 |
| Government grants | $12,370 |
| All other contributions, gifts, grants, and similar amounts not included above | $71,070 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,615 |
| Total Program Service Revenue | $0 |
| Investment income | $17 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $4,577 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $129,209 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $49,660 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,187 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,085 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $17,732 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $66,915 |
| Office expenses | $12 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,226 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,100 |
| Insurance | $1,085 |
| All other expenses | $0 |
| Total functional expenses | $181,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,493 |
| Savings and temporary cash investments | $100,283 |
| Pledges and grants receivable | $91,000 |
| Accounts receivable, net | $0 |
| 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 | $17,870 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $344,646 |
| Accounts payable and accrued expenses | $1,453 |
| 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 | $1,453 |
| Net assets without donor restrictions | $343,193 |
| 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 | $344,646 |