Norfolk Area Concert Assoc Inc
- Assets
- $57.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, NE
- Founding
- 01/1999
- Data as of
- 05/2022
- EIN
- 47-0747818
Organization Overview
Norfolk Area Concert Assoc Inc is located in Norfolk, NE. The organization was established in 1999. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Norfolk Area Concert Assoc Inc 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 05/2022, Norfolk Area Concert Assoc Inc generated $16.6k 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 (18.1%) each year. All expenses for the organization totaled $60.2k during the year ending 05/2022. 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
PROVIDED CONCERTS TO THE NORFOLK AREA. BENEFITING MORE THAN 1300 ADULT MEMBERS, FAMILIES AND STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Rowse President | 1 | $0 | |
Donovan Ellis Vice Preside | 1 | $0 | |
Pat Leavell Secretary | 1 | $0 | |
Rita Austin Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,450 |
| Investment income | $127 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,577 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,460 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $5,879 |
| Printing, publications, postage, and shipping | $247 |
| Other expenses | $44,594 |
| Total expenses | $60,180 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,999 |
| Other assets | $0 |
| Total assets | $56,999 |
| Total liabilities | $230 |
| Net assets or fund balances | $56,769 |
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