Lynchburg Art Club Inc
- Assets
- $109.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lynchburg, VA
- Founding
- 01/1963
- Data as of
- 05/2022
- EIN
- 54-1283632
Organization Overview
Lynchburg Art Club Inc is located in Lynchburg, VA. The organization was established in 1963. 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. Lynchburg Art Club 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 05/2022, Lynchburg Art Club Inc generated $95.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $96.1k during the year ending 05/2022. While expenses have increased by 15.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ADVANCING ART IN THE LYNCHBURG COMMUNITY THROUGH VARIOUS EXHIBITS, SHOWS, AND CLASSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Mattox President | 5 | $0 | |
Darienne Montgomery Vice President | 5 | $0 | |
Kathy Bush Treasurer | 5 | $0 | |
Marianne Vest Secretary | 5 | $0 | |
Holly Frazier Membership Chair | 5 | $0 | |
Doniphan Guggenheimer Expadrtion Chair | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,694 |
| Total Program Service Revenue | $48,154 |
| Membership dues | $0 |
| Investment income | $16 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,864 |
| Total Revenue | $95,728 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,453 |
| Professional fees and other payments to independent contractors | $23,867 |
| Occupancy, rent, utilities, and maintenance | $9,638 |
| Printing, publications, postage, and shipping | $4,561 |
| Other expenses | $49,618 |
| Total expenses | $96,137 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,430 |
| Other assets | $0 |
| Total assets | $109,790 |
| Total liabilities | $182 |
| Net assets or fund balances | $109,608 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lynchburg Art Club Inc has recieved totaling $23.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $23 |
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 |