Colleton County Arts Council Incorporated
- Assets
- $48.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Walterboro, SC
- Founding
- 03/1997
- Data as of
- 06/2020
- EIN
- 57-0966741
Organization Overview
Colleton County Arts Council Incorporated is located in Walterboro, SC. The organization was established in 1997. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Colleton County Arts Council Incorporated 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 06/2020, Colleton County Arts Council Incorporated generated $50.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $48.8k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (11.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,549 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,559 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,832 |
| Professional fees and other payments to independent contractors | $8,226 |
| Occupancy, rent, utilities, and maintenance | $6,195 |
| Printing, publications, postage, and shipping | $110 |
| Other expenses | $1,213 |
| Total expenses | $48,774 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,209 |
| Other assets | $0 |
| Total assets | $48,062 |
| Total liabilities | $0 |
| Net assets or fund balances | $48,062 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Colleton County Arts Council Incorporated has recieved totaling $13,428.
| Awarding Organization | Amount |
|---|---|
Coastal Community Foundation Of South Carolina Inc N Charleston, SC PURPOSE: ARTS GRANT | $13,428 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arts Council Incorporated Winston-Salem Arts Council Winstonsalem, NC | $15,705,377 | $2,746,354 |
Chapman Cultural Center Inc Spartanburg, SC | $23,950,821 | $2,123,080 |
North Carolina Humanities Council Charlotte, NC | $2,197,159 | $2,458,418 |
Arts Council Of Fayetteville Fayetteville, NC | $3,779,003 | $2,578,724 |
United Arts Council Of Raleigh And Wake County Inc Raleigh, NC | $1,299,106 | $2,647,753 |
Durham Arts Council Inc Durham, NC | $657,218 | $2,110,368 |
Metropolitan Arts Council Greenville, SC | $3,409,693 | $2,105,516 |
United Arts Council Of Greater Greensboro Inc Greensboro, NC | $1,155,592 | $966,419 |
South Carolina Humanites Council Columbia, SC | $1,135,009 | $1,053,218 |
Yadkin Arts Council Inc Yadkinville, NC | $2,901,879 | $903,830 |
Surry Arts Council Mount Airy, NC | $4,722,347 | $1,678,022 |
Greater Augusta Arts Council Inc Augusta, GA | $394,286 | $813,161 |