Durham Art Guild Inc
- Assets
- $46.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Durham, NC
- Founding
- 01/1952
- Data as of
- 06/2023
- EIN
- 56-0798002
Organization Overview
Durham Art Guild Inc is located in Durham, NC. The organization was established in 1952. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Durham Art Guild 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 06/2023, Durham Art Guild Inc generated $130.3k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $138.7k during the year ending 06/2023. While expenses have increased by 11.9% per year over the past 3 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
2023
Describe the Organization's Program Activity:
Part 3
OPERATED GALLERIES WITH AN EMPHASIS ON REGIONAL ARTISTS; ORGANIZED ART EXHIBITIONS AND PROGRAMS DESIGNED TO PROVIDE GUILD MEMBERS AND OTHER ARTISTS MORE EXPOSURE OF THEIR WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Richardson Chair | 2 | $0 | |
William Thomas Vice Chair | 1 | $0 | |
Pattie Mcalister Treasurer | 2 | $0 | |
Mary Kerr Board Director | 1 | $0 | |
Jessica Hinkle Board Director | 1 | $0 | |
Natasha Young Board Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,327 |
| Total Program Service Revenue | $63,155 |
| Membership dues | $11,345 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $500 |
| Total Revenue | $130,327 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $69,467 |
| Professional fees and other payments to independent contractors | $34,156 |
| Occupancy, rent, utilities, and maintenance | $11,401 |
| Printing, publications, postage, and shipping | $2,441 |
| Other expenses | $19,503 |
| Total expenses | $138,668 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,300 |
| Other assets | $0 |
| Total assets | $46,361 |
| Total liabilities | $11,942 |
| Net assets or fund balances | $34,419 |