Lonesome Pine Arts & Craft Inc
- Assets
- $547.9k
- Revenue
- $36.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Big Stone Gap, VA
- Founding
- 09/1968
- Data as of
- 12/2020
- EIN
- 54-0829604
Organization Overview
Lonesome Pine Arts & Craft Inc is located in Big Stone Gap, VA. The organization was established in 1968. 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. Lonesome Pine Arts & Craft 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 12/2020, Lonesome Pine Arts & Craft Inc generated $36.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $56.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 5 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PRESERVE STRUCTURES OF HISTORICAL SIGNIFICANCE TO THE AREA AND TO PROVIDE AN OUTLET FOR LOCAL ARTISTS, CRAFTSMEN, AND AUTHORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRAIL OF THE LONESOME PINE OUTDOOR DRAMA HAS BEEN PRESENTED EACH SUMMER CONTINUOUSLY SINCE 1963 USING LOCAL VOLUNTEERS. IT IS ALSO THE OFFICIAL OUTDOOR DRAMA FOR THE COMMONWEALTH OF VIRGINIA. THE SCREEN PLAY WAS ADAPTED FROM THE BOOK "THE TRAIL OF THE LONESOME PINE" WRITTEN BY JOHN FOX, JR., A LOCAL AUTHOR. THE PLAY CONCERNS LIFE IN SOUTHWEST VIRGINIA IN THE EARLY 1900'S.
THE JOHN FOX, JR. MUSEUM IS THE HOME OF THE LATE JOHN FOX, JR. WHICH HAS BEEN PRESERVED AND NOW SERVES AS A MUSEUM AS WELL AS PROVIDING AN ELEGANT SETTING FOR PERFORMERS, BANQUETS, WEDDINGS, ETC.
THE JUNE TOLLIVER HOUSE IS THE ACTUAL HOME OF THE MAIN FEMALE CHARACTER IN THE TRAIL OF THE LONESOME PINE. IT HAS BEEN PRESERVED AND IS LISTED AS A HISTORICAL HOME ON THE NATIONAL REGISTER OF HISTORICAL STRUCTURES. IT NOW PROVIDES TOURS AND A GIFT SHOP FOR THE SALE OF LOCALLY PRODUCED ARTS, CRAFTS, AND BOOKS.
THE TRAIL OF THE LONESOME PINE OUTDOOR DRAMA HAS BEEN PRESENTED EACH SUMMER CONTINUOUSLY SINCE 1963 USING LOCAL VOLUNTEERS. IT IS ALSO THE OFFICIAL OUTDOOR DRAMA FOR THE COMMONWEALTH OF VIRGINIA. THE SCREEN PLAY WAS ADAPTED FROM THE BOOK "THE TRAIL OF THE LONESOME PINE" WRITTEN BY JOHN FOX, JR., A LOCAL AUTHOR. THE PLAY CONCERNS LIFE IN SOUTHWEST VIRGINIA IN THE EARLY 1900'S.
THE JOHN FOX, JR. MUSEUM IS THE HOME OF THE LATE JOHN FOX, JR. WHICH HAS BEEN PRESERVED AND NOW SERVES AS A MUSEUM AS WELL AS PROVIDING AN ELEGANT SETTING FOR PERFORMERS, BANQUETS, WEDDINGS, ETC.
THE JUNE TOLLIVER HOUSE IS THE ACTUAL HOME OF THE MAIN FEMALE CHARACTER IN THE TRAIL OF THE LONESOME PINE. IT HAS BEEN PRESERVED AND IS LISTED AS A HISTORICAL HOME ON THE NATIONAL REGISTER OF HISTORICAL STRUCTURES. IT NOW PROVIDES TOURS AND A GIFT SHOP FOR THE SALE OF LOCALLY PRODUCED ARTS, CRAFTS, AND BOOKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wes Polly Chair | OfficerTrustee | 1 | $0 |
Gail Luntsford Vice Chair | OfficerTrustee | 1 | $0 |
Dena Barton Secretary | OfficerTrustee | 1 | $0 |
Sandra Wardell Treasurer | OfficerTrustee | 1 | $0 |
Judy Samples Director | OfficerTrustee | 4 | $0 |
Aaron Davis Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,063 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,063 |
| Total Program Service Revenue | $14,244 |
| Investment income | $20 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,494 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,821 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,145 |
| Office expenses | $533 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $15,992 |
| Insurance | $3,825 |
| All other expenses | $0 |
| Total functional expenses | $56,426 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,306 |
| Savings and temporary cash investments | $19,979 |
| 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 | $9,223 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $476,407 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $547,915 |
| 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 | $547,915 |
| Net assets with donor restrictions | $0 |
| 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 | $547,915 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lonesome Pine Arts & Craft Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Wellmont Health System Johnson City, TN PURPOSE: SPONSORSHIP | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Textile Rental Services Association Of America Inc Alexandria, VA | $12,660,390 | $5,781,606 |
Inda Association Of The Non Woven Fabrics Industry Cary, NC | $9,846,018 | $4,859,607 |
Andreas H Bechtler Arts Foundation Charlotte, NC | $39,434,021 | $2,461,495 |
Virginia Museum Of Contemporary Art Virginia Beach, VA | $2,164,198 | $3,254,466 |
The Center For Craft Creativity & Design Inc Asheville, NC | $15,329,103 | $2,386,393 |
Southern Highland Handicraft Guild Inc Asheville, NC | $7,206,278 | $2,199,830 |
Life Pieces To Masterpieces Washington, DC | $694,672 | $1,837,950 |
Mccoll Center For Art & Innovation Charlotte, NC | $14,043,354 | $2,439,387 |
The Bascom Corporation Highlands, NC | $11,572,802 | $1,588,338 |
Friends Of Southwest Virginia Abingdon, VA | $1,122,100 | $1,695,532 |
Virginia Center For The Creative Arts Amherst, VA | $8,632,012 | $1,792,927 |
Baltimore Clayworks Inc Baltimore, MD | $2,982,391 | $1,163,286 |