Surry Arts Council
- Assets
- $7.0m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 22
- Location
- Mount Airy, NC
- Founding
- 12/1969
- Data as of
- 06/2022
- EIN
- 56-0932530
Organization Overview
Surry Arts Council is located in Mount Airy, NC. The organization was established in 1969. 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. As of 06/2022, Surry Arts Council employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Surry Arts Council 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, Surry Arts Council generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $1.3m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT AND PROMOTE THE ARTSSUPPORT AND PROMOTE THE ARTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMPHITHEATRE - PROVIDES THE COMMUNITY WITH AN OPPORTUNITY TO ENJOY OUTDOOR PERFORMANCES BY A VARIETY OF PERFORMING ARTISTS.
COMMUNITY THEATRECLASSES AND WORKSHOPSIN-SCHOOL PROGRAMSTRADITIONAL MUSICSPECIAL NEEDSMAYBERRY DAYSAUCTIONPERFORMING ARTS SERIESSCHOLARSHIPSENDOWMENTSUBGRANTS
MUSEUM - PROVIDES THE COMMUNITY AND VISITORS WITH THE OPPORTUNITY TO SEE THE ANDY GRIFFITH COLLECTION AND SIAMESE TWINS EXHIBIT.
CINEMA - PROVIDES COMMUNITY MEMBERS WITH THE OPPORTUNITY TO SEE MOVIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Royster President | OfficerTrustee | 1 | $0 |
Nicole Harrison Vice President | OfficerTrustee | 1 | $0 |
Brooke Lowry Secretary | OfficerTrustee | 1 | $0 |
Tommy Hill Treasurer | OfficerTrustee | 1 | $0 |
Swanson Snow Director | Trustee | 1 | $0 |
Terri Forrest Champney Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $360,509 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,201,653 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,562,162 |
| Total Program Service Revenue | $1,034,425 |
| Investment income | $14,003 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,191 |
| 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 | $107,715 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,764,452 |
| 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. | $149,392 |
| Compensation of current officers, directors, key employees. | $25,700 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $390,955 |
| Pension plan accruals and contributions | $9,881 |
| Other employee benefits | $29,684 |
| Payroll taxes | $42,684 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,540 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,719 |
| Office expenses | $16,468 |
| Information technology | $7,546 |
| Royalties | $0 |
| Occupancy | $40,972 |
| Travel | $34,456 |
| 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 | $72,047 |
| Insurance | $23,179 |
| All other expenses | $53,259 |
| Total functional expenses | $1,263,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $812,144 |
| Savings and temporary cash investments | $2,598,494 |
| Pledges and grants receivable | $11,367 |
| Accounts receivable, net | $54,684 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $41,316 |
| Prepaid expenses and deferred charges | $51,926 |
| Net Land, buildings, and equipment | $1,207,362 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $11,336 |
| Other assets | $2,248,335 |
| Total assets | $7,036,964 |
| Accounts payable and accrued expenses | $852,921 |
| Grants payable | $0 |
| Deferred revenue | $39,689 |
| 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 | $892,610 |
| Net assets without donor restrictions | $3,841,779 |
| Net assets with donor restrictions | $2,302,575 |
| 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 | $7,036,964 |