Albany Area Arts Council Inc
- Assets
- $67.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albany, GA
- Founding
- 05/1977
- Data as of
- 06/2023
- EIN
- 58-1269472
Organization Overview
Albany Area Arts Council Inc is located in Albany, GA. The organization was established in 1977. 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. Albany Area Arts Council 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 06/2023, Albany Area Arts Council Inc generated $88.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $79.0k during the year ending 06/2023. While expenses have increased by 1.9% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HELD VARIOUS ART SHOWS AND EVENTS TO PROMOTE THE ARTS IN ALBANY AND SOUTHWEST GEORGIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Will Davis Director/pre | 0.23 | $0 | |
Timothy Brock Director/vic | 0.23 | $0 | |
Jim Ligon Director/tre | 0.23 | $0 | |
Jenny Collins Director/sec | 0.23 | $0 | |
Wendy Howell Director/pas | 0.23 | $0 | |
Bill Swan Director | 0.23 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,552 |
| Total Program Service Revenue | $3,131 |
| Membership dues | $0 |
| Investment income | $9,144 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,563 |
| Other Revenue | $0 |
| Total Revenue | $88,390 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $52,062 |
| Professional fees and other payments to independent contractors | $1,075 |
| Occupancy, rent, utilities, and maintenance | $8,160 |
| Printing, publications, postage, and shipping | $175 |
| Other expenses | $17,572 |
| Total expenses | $79,044 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,158 |
| Other assets | $0 |
| Total assets | $67,158 |
| Total liabilities | $1,373 |
| Net assets or fund balances | $65,785 |