Cumberland Gap Artists Co-Op
- Assets
- $5.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cumberland Gap, TN
- Founding
- 12/2015
- Data as of
- 12/2021
- EIN
- 47-2206961
Organization Overview
Cumberland Gap Artists Co-Op is located in Cumberland Gap, TN. The organization was established in 2015. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Cumberland Gap Artists Co-Op 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 12/2021, Cumberland Gap Artists Co-Op generated $54.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.5% each year . All expenses for the organization totaled $62.9k during the year ending 12/2021. While expenses have increased by 23.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3
AFTER SCHOOL ART CLASSES FOR ELEMENTARY SCHOOL CHILDREN IN APPALACHIAN TRI-STATE AREA OF TN, KY, VA, WHERE ART IS NO LONGER TAUGHT IN PUBLIC SCHOOLS, WORKSHOPS FOR ADULTS ON PAINTING AND ARTS, PROMOTE AFTER SCHOOL ART PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Fitts Director | 10 | $0 | |
James Thompson Director/treasurer | 30 | $0 | |
Sue Grana Secretary | 10 | $0 | |
Curt Witt Director | 10 | $0 | |
John Ravnum Director | 10 | $0 | |
Anthony Gamble President/director | 16 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,248 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,594 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $547 |
| Total Revenue | $54,889 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,593 |
| Professional fees and other payments to independent contractors | $22,594 |
| Occupancy, rent, utilities, and maintenance | $4,259 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,445 |
| Total expenses | $62,891 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,851 |
| Other assets | $0 |
| Total assets | $5,851 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,851 |
Peer Organizations
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|---|---|---|
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Crosstown Arts Memphis, TN | $38,457,214 | $4,680,625 |
John C Campbell Folk School Brasstown, NC | $20,488,128 | $4,524,565 |
Kranzberg Arts Foundation St Louis, MO | $18,112,007 | $6,602,930 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Association Of American Voices Saint Louis, MO | $696,688 | $3,487,679 |
Memphis Equity Through Arts Meta Incorporated Memphis, TN | $5,874,530 | $7,164,597 |
Appalshop Inc Whitesburg, KY | $8,650,033 | $2,149,775 |
Memphis In May International Festival Inc Memphis, TN | $4,677,503 | $2,273,583 |
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