Swannanoa Valley Art League
- Assets
- $119.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Black Mountain, NC
- Founding
- 12/1991
- Data as of
- 08/2023
- EIN
- 56-1628625
Organization Overview
Swannanoa Valley Art League is located in Black Mountain, NC. The organization was established in 1991. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, 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. Swannanoa Valley Art League 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 08/2023, Swannanoa Valley Art League generated $56.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $44.8k during the year ending 08/2023. While expenses have increased by 2.7% per year over the past 8 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
PROVIDED STUDIO SPACE FOR ARTISTS TO DISPLAY PAINTINGS AND ARTWORK. PROVIDED CLASSES AND WORKSHOPS FOR THE COMMUNITY TO ENHANCE THEIR APPRECIATION FOR AND PARTICIPATION IN THE ARTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tina Kannapel President | 5 | $0 | |
Donna Davis Vice President | 1 | $0 | |
David Hearne Secretary | 1 | $0 | |
Stan Skeen Treasurer | 1 | $0 | |
Ron Mafett Director At Large | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,852 |
| Total Program Service Revenue | $42,280 |
| Membership dues | $8,340 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,281 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $33,123 |
| Printing, publications, postage, and shipping | $815 |
| Other expenses | $10,896 |
| Total expenses | $44,834 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,606 |
| Other assets | $0 |
| Total assets | $119,515 |
| Total liabilities | $0 |
| Net assets or fund balances | $119,515 |