Perquimans Arts League
- Assets
- $259.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hertford, NC
- Founding
- 03/2000
- Data as of
- 06/2024
- EIN
- 56-2117984
Organization Overview
Perquimans Arts League is located in Hertford, NC. The organization was established in 2000. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Perquimans Arts 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 06/2024, Perquimans Arts League generated $74.4k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $61.1k during the year ending 06/2024. While expenses have increased by 2.6% per year over the past 3 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
TO CULTIVATE ARTS THROUGH COMMUNITY PARTNERSHIPS, AND TO PROMOTE AN INCLUSIVE ENVIRONMENT THAT OFFERS CREATIVE OPPORTUNITIES FOR ALL TO ENJOY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Brennan President | 5 | $0 | |
Tammy Miller-White Vice Preside | 3 | $0 | |
Barbara Nixon Secretary | 3 | $0 | |
Lynn Hoffman Treasurer | 5 | $0 | |
Dorothy Ansell Director At | 2 | $0 | |
Vanora Brothers Director At | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,730 |
| Total Program Service Revenue | $3,950 |
| Membership dues | $0 |
| Investment income | $62 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,701 |
| Other Revenue | $0 |
| Total Revenue | $74,372 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,433 |
| Professional fees and other payments to independent contractors | $7,571 |
| Occupancy, rent, utilities, and maintenance | $16,437 |
| Printing, publications, postage, and shipping | $191 |
| Other expenses | $17,485 |
| Total expenses | $61,117 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,620 |
| Other assets | $0 |
| Total assets | $259,699 |
| Total liabilities | $105,785 |
| Net assets or fund balances | $153,914 |