Isle Of Wight Arts League is located in Smithfield, VA. The organization was established in 1998. 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. Isle Of Wight Arts League 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, Isle Of Wight Arts League generated $166.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $156.7k during the year ending 12/2022. While expenses have increased by 3.0% per year over the past 6 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Priscilla A Mcgreevy President | 6 | $0 | |
Diane Milner Vice President | 2 | $0 | |
T Dru Stowe Treasurer | 4 | $0 | |
Deborah Duncan Secretary | 3 | $0 | |
James R Abicht Director | 4 | $0 | |
Sheila W Gwaltney Director | 30 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $72,051 |
Total Program Service Revenue | $74,670 |
Membership dues | $0 |
Investment income | $1,097 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $18,241 |
Other Revenue | $0 |
Total Revenue | $166,059 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $39,076 |
Professional fees and other payments to independent contractors | $47,641 |
Occupancy, rent, utilities, and maintenance | $35,467 |
Printing, publications, postage, and shipping | $278 |
Other expenses | $34,229 |
Total expenses | $156,691 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $163,822 |
Other assets | $0 |
Total assets | $172,615 |
Total liabilities | $1,424 |
Net assets or fund balances | $171,191 |