Bowlus Fine Arts And Cultural Center Trust
- Assets
- $2.6m
- Revenue
- $857.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Iola, KS
- Founding
- 03/1984
- Data as of
- 06/2022
- EIN
- 48-6110227
Organization Overview
Bowlus Fine Arts And Cultural Center Trust is located in Iola, KS. The organization was established in 1984. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, 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. Bowlus Fine Arts And Cultural Center Trust 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 06/2022, Bowlus Fine Arts And Cultural Center Trust generated $857.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $862.2k during the year ending 06/2022. While expenses have increased by 4.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
"MAKING AVAILABLE TO THE CITIZENS OF THE AREA CULTURAL FACILITIES, PROGRAMS, AND ENTERTAINMENT PERHAPS NOT OTHERWISE AVAILABLE."
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTURAL ATTRACTION SERIES - THE BOWLUS FINE ARTS AND CULTURAL CENTER HOSTS CONCERTS, PLAYS, ETC. APPROXIMATELY 8 EVENTS HELD.
COMMUNITY & AREA CULTURAL EVENTS & MEETINGS - THE BOWLUS FINE ARTS AND CULTURAL CENTER SUPPORTS CULTURE IN THE COMMUNITY BY HOSTING NUMEROUS MEETINGS, SEMINARS, ETC.
USD 257 THEATER & MUSIC CLASSES/EVENTS - THE BOWLUS FINE ARTS AND CULTURAL CENTER WORKS TO SUPPORT USD 257 THEATER AND MUSIC BY HOLDING NUMEROUS CLASSES, EVENTS, MEETING, AND REHEARSALS.
MARY L MARTIN GALLERY EXHIBIT - HOSTS ART EXHIBITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Willis President | OfficerTrustee | 1 | $0 |
Daniel Kays Executive Di | Officer | 40 | $0 |
Amanda Moyer Bookkeeper | Officer | 40 | $0 |
Jennifer Taylor Vice Preside | Trustee | 1 | $0 |
Robin Griffin-Lohman Trustee | Trustee | 1 | $0 |
John Wilson Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $233,302 |
| All other contributions, gifts, grants, and similar amounts not included above | $380,292 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $613,594 |
| Total Program Service Revenue | $118,477 |
| Investment income | $50,732 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $30 |
| Net Rental Income | $6,400 |
| Net Gain/Loss on Asset Sales | $67,622 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $857,005 |
| 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 | $0 |
| Other salaries and wages | $245,907 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $55,402 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,113 |
| Fees for services: Accounting | $10,643 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,076 |
| Fees for services: Other | $0 |
| Advertising and promotion | $30,877 |
| Office expenses | $23,997 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $62,591 |
| Travel | $812 |
| 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 | $0 |
| Insurance | $22,540 |
| All other expenses | -$42,095 |
| Total functional expenses | $862,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $555,151 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $2,070,525 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,625,676 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,667,184 |
| Net assets with donor restrictions | $958,492 |
| 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 | $2,625,676 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Bowlus Fine Arts And Cultural Center Trust has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Humanities Kansas Inc Topeka, KS PURPOSE: WEBSITE AND INTERACTIVE MAP OF HISTORICAL SITES | $5,000 |
Humanities Kansas Inc Topeka, KS PURPOSE: WEBSITE AND INTERACTIVE MAP OF HISTORICAL SITES | $5,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Denver Center For The Performing Arts Denver, CO | $79,355,103 | $53,451,587 |
Kauffman Center For The Performing Arts Kansas City, MO | $435,789,864 | $9,136,596 |
Starlight Theatre Association Of Kansas City Inc Kansas City, MO | $43,695,119 | $27,963,583 |
Connect2culture Joplin, MO | $4,192,804 | $8,724,322 |
Oklahoma Contemporary Arts Center Inc Oklahoma City, OK | $30,073,274 | $4,620,457 |
Vilar Center Arts Foundation Avon, CO | $21,813,325 | $6,525,406 |
Tulsa Performing Arts Center Trust Tulsa, OK | $9,008,592 | $6,495,113 |
Producers Live Stock Cr Corp Omaha, NE | $188,745,900 | $8,023,454 |
Center For The Arts Crested Butte, CO | $20,478,017 | $2,980,319 |
Sheldon Arts Foundation Saint Louis, MO | $19,890,863 | $2,862,291 |
Fonner Park Exposition And Events Center Inc Grand Island, NE | $3,469,214 | $2,166,552 |
Friends Of Levitt Pavilion Denver Denver, CO | $1,477,528 | $3,241,132 |