Hillsborough Arts Council
- Assets
- $69.1k
- Revenue
- $193.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Hillsborough, NC
- Founding
- 06/2000
- Data as of
- 06/2022
- EIN
- 56-2163979
Organization Overview
Hillsborough Arts Council is located in Hillsborough, 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. As of 06/2022, Hillsborough Arts Council employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hillsborough 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 06/2022, Hillsborough Arts Council generated $193.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $253.3k during the year ending 06/2022. While expenses have increased by 13.3% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ARTS EVENTS AND EDUCATION IN HILLSBOROUGH AND ORANGE COUNTY, NORTH CAROLINA
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY EVENTS: ARTWALK, LAST FRIDAYS, SOLSTICE LANTERN WALK, COMMUNITY CENTERED EVENTS SHOWCASE LOCAL ARTISTS
PERFORMANCES & EXHIBITIONS: CRAFTS FAIR, CULTURAL COMMITTEE, GARDEN/ PARLOR CONCERTS, RIVERPARK CONCERT PROVIDE SMALL VENUES FOR COMMUNITY MEMBERS TO EXPERIENCE PERFORMING AND FINE ARTS, FIRST HAND.
ARTS EDUCATION AND AWARENESS: POETRY, HANDMADE PARADE, POET LAUREATE PROGRAM GIVE LOCAL CITIZENS THE OPPORTUNITY TO CREATE AND PARTICIPATE IN ARTS CENTERED ACTIVITIES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mollie Thomas Exec Director | Officer | 40 | $55,000 |
David Hays Director | Officer | 5 | $0 |
Michael Winger Co-Vice Chair | Officer | 5 | $0 |
Joshua Collins Board Chair | Officer | 5 | $0 |
Don Norman Treasurer | Officer | 5 | $0 |
Jeff Burst Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $53,319 |
| All other contributions, gifts, grants, and similar amounts not included above | $55,984 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,303 |
| Total Program Service Revenue | $46,161 |
| Investment income | $12 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $37,804 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $193,280 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $58,840 |
| Compensation of current officers, directors, key employees. | $588 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $63,638 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,733 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $240 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,855 |
| Office expenses | $2,406 |
| Information technology | $6,707 |
| Royalties | $0 |
| Occupancy | $21,473 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | -$318 |
| All other expenses | $4,212 |
| Total functional expenses | $253,323 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,459 |
| Savings and temporary cash investments | $32,823 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,200 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,600 |
| Total assets | $69,082 |
| Accounts payable and accrued expenses | $5,583 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,583 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $63,499 |
| Total liabilities and net assets/fund balances | $69,082 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Hillsborough Arts Council has recieved totaling $13,051.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: ARTS, CULTURE | $10,000 |
Grace Jones Richardson Tr Greensboro, NC PURPOSE: TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE | $2,000 |
Jacobs Preyer Family Foundation Greensboro, NC PURPOSE: TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $51 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arts & Science Council Charlotte Mecklenburg Inc Charlotte, NC | $42,519,495 | $11,600,726 |
Frist Art Museum Nashville, TN | $27,247,403 | $12,277,490 |
Professional Photographers Of America Inc Atlanta, GA | $48,960,545 | $12,325,076 |
Textile Rental Services Association Of America Inc Alexandria, VA | $12,660,390 | $5,781,606 |
Inda Association Of The Non Woven Fabrics Industry Cary, NC | $9,846,018 | $4,859,607 |
Andreas H Bechtler Arts Foundation Charlotte, NC | $39,434,021 | $2,461,495 |
Virginia Museum Of Contemporary Art Virginia Beach, VA | $2,164,198 | $3,254,466 |
Georgia Association Of Manufacturers Inc Atlanta, GA | $2,700,140 | $2,292,406 |
The Center For Craft Creativity & Design Inc Asheville, NC | $15,329,103 | $2,386,393 |
Forward Arts Foundation Inc Atlanta, GA | $5,240,641 | $1,648,904 |
Southern Highland Handicraft Guild Inc Asheville, NC | $7,206,278 | $2,199,830 |
Mccoll Center For Art & Innovation Charlotte, NC | $14,043,354 | $2,439,387 |