Swannanoa Valley Art League
- Assets
- $107.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Black Mountain, NC
- Founding
- 12/1991
- Data as of
- 08/2021
- 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 08/2021, Swannanoa Valley Art League generated $36.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $25.7k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 6 years. 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
2021
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 |
|---|---|---|---|
Susan Hanning President | 5 | $0 | |
Ann Whisenant Vice President | 1 | $0 | |
Stan Skeen Treasurer | 1 | $0 | |
Julie Hightower Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $508 |
| Total Program Service Revenue | $26,983 |
| Membership dues | $5,545 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,703 |
| 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 | $14,804 |
| Printing, publications, postage, and shipping | $1,100 |
| Other expenses | $9,757 |
| Total expenses | $25,661 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,000 |
| Other assets | $0 |
| Total assets | $107,909 |
| Total liabilities | $0 |
| Net assets or fund balances | $107,909 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
News Media Alliance Arlington, VA | $20,710,538 | $7,719,219 |
American Association Of Museums Arlington, VA | $11,405,115 | $9,674,597 |
Association For Print Technologies Inc Franklin, TN | $5,247,559 | $1,238,108 |
American Press Institute Inc Arlington, VA | $55,812,695 | $5,259,956 |
National Art Education Association Alexandria, VA | $5,332,373 | $7,206,215 |
Architectural Woodwork Institute Potomac Falls, VA | $9,021,141 | $4,703,574 |
Americas Public Television Stations Arlington, VA | $4,157,249 | $3,714,943 |
Capital Partners Certified Development Company Atlanta, GA | $1,705,565 | $2,198,742 |
Nashville Songwriters Association Intl Nashville, TN | $2,574,384 | $2,060,985 |
Association For Education In Journalism And Mass Communication Columbia, SC | $2,490,060 | $1,489,076 |
Apts Action Inc Arlington, VA | $1,654,751 | $1,588,794 |
Virginia Society Of The American Institute Of Architects Richmond, VA | $816,899 | $904,257 |