Lee County Arts Council
- Assets
- $14.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sanford, NC
- Founding
- 12/1988
- Data as of
- 06/2024
- EIN
- 56-1203845
Organization Overview
Lee County Arts Council is located in Sanford, NC. The organization was established in 1988. 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. Lee County 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 06/2024, Lee County Arts Council generated $89.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 32.1% each year . All expenses for the organization totaled $83.4k during the year ending 06/2024. While expenses have increased by 25.1% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE LEE COUNTY ARTS COUNCIL IS A NONPROFIT ORGANIZATION WHOSE PRIMARY PURPOSE IS TO PROMOTE APPRECIATION OF THE ARTS BY ENCOURAGING FACILITATING AND SPONSORING PERFORMANCES EXHIBITIONS CLASSES AND OTHER PUBLIC ARTS ACTIVITIES PRIMARILY IN LEE COUNTY NC AND SURROUNDING AREAS. THIS YEAR ABOUT 22,000 PARTICIPANTS WERE REACHED THROUGH THESE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheryl Davis President | 3 | $0 | |
Leskisha Sandidge Vice President | 1 | $0 | |
Diana King Secretary-Treasurer | 20 | $0 | |
Victoria Naegele Past President | 3 | $0 | |
Angela Matthews Board Member | 1 | $0 | |
Derrick Washington Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,175 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $851 |
| Total Revenue | $89,026 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,872 |
| Occupancy, rent, utilities, and maintenance | $9,481 |
| Printing, publications, postage, and shipping | $404 |
| Other expenses | $6,418 |
| Total expenses | $83,374 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,671 |
| Other assets | $0 |
| Total assets | $14,391 |
| Total liabilities | $310 |
| Net assets or fund balances | $14,081 |