Yankton Area Arts Association
- Assets
- $125.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Yankton, SD
- Founding
- 12/1975
- Data as of
- 01/2024
- EIN
- 51-0172432
Organization Overview
Yankton Area Arts Association is located in Yankton, SD. The organization was established in 1975. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Yankton Area Arts Association 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 01/2024, Yankton Area Arts Association generated $104.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $120.7k during the year ending 01/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
TO FUNDRAISE FOR LOCAL EVENTS AND SUPPORT LOCAL EVENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorie Mulhair Director | 2 | $0 | |
Sharon Koller Secretary | 2 | $0 | |
Vicki Barron Director | 2 | $0 | |
Shannon Knutson President | 2 | $0 | |
Craig Sherman Treasurer | 2 | $0 | |
Amber Ness Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,762 |
| Total Program Service Revenue | $27,416 |
| Membership dues | $11,569 |
| Investment income | $440 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7 |
| Total Revenue | $104,194 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,857 |
| Professional fees and other payments to independent contractors | $491 |
| Occupancy, rent, utilities, and maintenance | $5,366 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $56,002 |
| Total expenses | $120,716 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,404 |
| Other assets | $0 |
| Total assets | $125,773 |
| Total liabilities | $1,235 |
| Net assets or fund balances | $124,538 |