Hanover Arts And Activities Center Inc
- Assets
- $72.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ashland, VA
- Founding
- 10/1967
- Data as of
- 06/2022
- EIN
- 54-6069589
Organization Overview
Hanover Arts And Activities Center Inc is located in Ashland, VA. The organization was established in 1967. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, 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. Hanover Arts And Activities Center 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, Hanover Arts And Activities Center Inc generated $98.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $90.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) 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 |
|---|---|---|---|
Whitney Hales Director | 1 | $0 | |
Drew Molloy Director | 1 | $0 | |
Monica Klisz Secretary | 1 | $0 | |
Ariel Koenig Director | 1 | $0 | |
Meghan Prichard Director | 1 | $0 | |
Nancy Brizendine Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,126 |
| Total Program Service Revenue | $34,975 |
| Membership dues | $100 |
| Investment income | $69 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,713 |
| Other Revenue | $1,107 |
| Total Revenue | $98,091 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,235 |
| Professional fees and other payments to independent contractors | $5,275 |
| Occupancy, rent, utilities, and maintenance | $38,541 |
| Printing, publications, postage, and shipping | $589 |
| Other expenses | $11,355 |
| Total expenses | $89,995 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,665 |
| Other assets | $0 |
| Total assets | $72,889 |
| Total liabilities | $1,649 |
| Net assets or fund balances | $71,240 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hanover Arts And Activities Center Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Strathmore Hall Foundation Inc North Bethesda, MD | $27,256,314 | $8,322,288 |
Historic Tennessee Theatre Foundation Knoxville, TN | $32,949,657 | $9,927,493 |
Washington Performing Arts Society Washington, DC | $12,549,147 | $4,886,462 |
Luther F Carson Four Rivers Center Inc Paducah, KY | $59,072,684 | $5,458,266 |
Arts Of Southern Kentucky Inc Bowling Green, KY | $7,056,878 | $5,434,508 |
Lyric Foundation Inc Baltimore, MD | $19,508,427 | $4,826,860 |
Belcourt Theatre Inc Nashville, TN | $8,909,570 | $4,044,335 |
Hippodrome Foundation Inc Baltimore, MD | $13,272,762 | $8,345,176 |
Bijou Theater Center Knoxville, TN | $4,966,166 | $3,906,222 |
Maryland Hall For The Creative Arts Inc Annapolis, MD | $14,959,941 | $1,722,678 |
Zeiders American Dream Theater Virginia Beach, VA | $9,355,099 | $2,062,957 |
Atlas Performing Arts Center Washington, DC | $17,353,205 | $2,355,130 |