Falls Church Arts Inc
- Assets
- $245.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Falls Church, VA
- Founding
- 01/2005
- Data as of
- 12/2022
- EIN
- 52-2439695
Organization Overview
Falls Church Arts Inc is located in Falls Church, VA. The organization was established in 2005. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Falls Church Arts 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 12/2022, Falls Church Arts Inc generated $163.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $124.8k during the year ending 12/2022. While expenses have increased by 0.5% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Wetzel President | 20 | $0 | |
Maureen Budetti Vice President | 10 | $0 | |
Marty Behr Treasurer | 10 | $0 | |
Susan Boggs Secretary | 6 | $0 | |
Ruth Altheim Officer | 2 | $0 | |
Shaun Van Steyn Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,836 |
| Total Program Service Revenue | $112,726 |
| Membership dues | $0 |
| Investment income | $218 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $163,780 |
| 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 | $84,289 |
| Occupancy, rent, utilities, and maintenance | $20,204 |
| Printing, publications, postage, and shipping | $2,514 |
| Other expenses | $17,743 |
| Total expenses | $124,750 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $202,514 |
| Other assets | $0 |
| Total assets | $245,670 |
| Total liabilities | $42,903 |
| Net assets or fund balances | $202,767 |