The Stanly County Arts Council Inc
- Assets
- $100.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albemarle, NC
- Founding
- 11/1975
- Data as of
- 06/2023
- EIN
- 56-1125292
Organization Overview
The Stanly County Arts Council Inc is located in Albemarle, NC. The organization was established in 1975. 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. Stanly County Arts Council 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, Stanly County Arts Council Inc generated $121.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $107.0k during the year ending 06/2023. While expenses have increased by 14.3% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renee G Vanhorn Executive Director | 19.75 | $27,795 | |
Anthony Pernell Director-Vice Chair Ii | 2 | $0 | |
Patti Furr Director-Treasurer | 3.75 | $0 | |
Iggy Austin Director | 2 | $0 | |
Devonna Morgan Director-Vice Chair I | 3.75 | $0 | |
Lynn Plummer Director-Chairman | 3.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,170 |
| Total Program Service Revenue | $20,966 |
| Membership dues | $0 |
| Investment income | $640 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$600 |
| Other Revenue | $251 |
| Total Revenue | $121,427 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,921 |
| Professional fees and other payments to independent contractors | $3,690 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $31 |
| Other expenses | $40,393 |
| Total expenses | $106,995 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,085 |
| Other assets | $0 |
| Total assets | $100,477 |
| Total liabilities | $16,107 |
| Net assets or fund balances | $84,370 |