Wake Forest Cultural Arts Association Inc
- Assets
- $69.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wake Forest, NC
- Founding
- 04/1991
- Data as of
- 06/2022
- EIN
- 56-1717886
Organization Overview
Wake Forest Cultural Arts Association Inc is located in Wake Forest, NC. The organization was established in 1991. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Wake Forest Cultural Arts Association 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 06/2022, Wake Forest Cultural Arts Association Inc generated $58.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $48.8k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
WAKE FOREST DANCE EVENTS, WAKE FOREST GUILD OF ARTISTS EVENTS, AND PROMOTION OF WAKE FOREST ARTISTS OF ALL VARIETIES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Petretich President | 20 | $0 | |
Kathy Streeet Board Member | 3 | $0 | |
Bill Cokas Vice President | 3 | $0 | |
Les Tryon Board Member | 3 | $0 | |
Tanya Johnson Board Member | 3 | $0 | |
Pamela Stevens Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,865 |
| Total Program Service Revenue | $53,765 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $966 |
| Other Revenue | $0 |
| Total Revenue | $58,596 |
| 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 | $24,659 |
| Occupancy, rent, utilities, and maintenance | $2,930 |
| Printing, publications, postage, and shipping | $685 |
| Other expenses | $20,575 |
| Total expenses | $48,849 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,932 |
| Other assets | $0 |
| Total assets | $69,932 |
| Total liabilities | $0 |
| Net assets or fund balances | $69,932 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wake Forest Cultural Arts Association Inc has recieved totaling $7.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coalition To Salute Americas Heroes Foundation Leesburg, VA | $3,573,595 | $8,478,376 |
Music City Inc Nashville, TN | $1,837,848 | $7,930,504 |
Spoleto Festival U S A Charleston, SC | $23,626,585 | $7,325,323 |
Crosstown Arts Memphis, TN | $38,457,214 | $4,680,625 |
John C Campbell Folk School Brasstown, NC | $20,488,128 | $4,524,565 |
Arts Center Of Coastal Carolina Hilton Head Island, SC | $10,441,766 | $4,547,581 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Memphis Equity Through Arts Meta Incorporated Memphis, TN | $5,874,530 | $7,164,597 |
Memphis In May International Festival Inc Memphis, TN | $4,677,503 | $2,273,583 |
Safe States Alliance Atlanta, GA | $855,123 | $2,462,301 |
Artsnow Inc Atlanta, GA | $4,742,407 | $2,526,341 |
Suffolk Center For Cultural Arts Foundation Suffolk, VA | $18,737,592 | $3,812,474 |