Fine Arts Center For The New River Valley Inc
- Assets
- $256.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pulaski, VA
- Founding
- 03/1979
- Data as of
- 06/2022
- EIN
- 52-1127237
Organization Overview
Fine Arts Center For The New River Valley Inc is located in Pulaski, VA. The organization was established in 1979. 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. Fine Arts Center For The New River Valley 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 06/2022, Fine Arts Center For The New River Valley Inc generated $91.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $84.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Ross President | 10 | $0 | |
Megan Atkinson Secretary | 1 | $0 | |
William Paine Director | 1 | $0 | |
Bobby Petty Director | 1 | $0 | |
Henry Whitehurst Director | 1 | $0 | |
Terrie Sternberg Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,345 |
| Total Program Service Revenue | $8,453 |
| Membership dues | $2,130 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,541 |
| Other Revenue | $50 |
| Total Revenue | $91,285 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $44,293 |
| Occupancy, rent, utilities, and maintenance | $28,590 |
| Printing, publications, postage, and shipping | $456 |
| Other expenses | $11,095 |
| Total expenses | $84,434 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $204,186 |
| Other assets | $0 |
| Total assets | $256,186 |
| Total liabilities | $0 |
| Net assets or fund balances | $256,186 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Fine Arts Center For The New River Valley Inc has recieved totaling $5,116.
| Awarding Organization | Amount |
|---|---|
C E Richardson Benevolent Foundation Pulaski, VA PURPOSE: FUND GRAB AND GO ART KITS AND SPONSOR SCHOLASTIC ARTS AND WRITING SCHOLASTIC PROGRAM IN SOUTHWEST VIRGINIA | $5,100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $16 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Clay Center For The Arts & Sciences Of West Virginia Inc Charleston, WV | $104,991,627 | $9,740,232 |
Coalition To Salute Americas Heroes Foundation Leesburg, VA | $3,573,595 | $8,478,376 |
Music City Inc Nashville, TN | $1,837,848 | $7,930,504 |
Crosstown Arts Memphis, TN | $38,457,214 | $4,680,625 |
John C Campbell Folk School Brasstown, NC | $20,488,128 | $4,524,565 |
Baltimore Office Of Promotion And The Arts Baltimore, MD | $2,768,148 | $4,464,806 |
One Common Unity Inc Washington, DC | $667,542 | $2,484,423 |
Memphis Equity Through Arts Meta Incorporated Memphis, TN | $5,874,530 | $7,164,597 |
Sitar Arts Center Washington, DC | $12,189,332 | $3,951,154 |
Appalshop Inc Whitesburg, KY | $8,650,033 | $2,149,775 |
Memphis In May International Festival Inc Memphis, TN | $4,677,503 | $2,273,583 |
National Council For The Traditional Arts Silver Spring, MD | $1,116,811 | $2,051,101 |