Randolph Arts Guild is located in Asheboro, NC. The organization was established in 1982. 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. As of 06/2024, Randolph Arts Guild employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Randolph Arts Guild 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, Randolph Arts Guild generated $340.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $201.0k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SELF EXPRESSION AND APPRECIATION FOR THE ARTS IN RANDOLPH COUNTY, NC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GALLERY - TO PROMOTE THE WORK OF LOCAL ARTISTS.
MISCELLANEOUS PROGRAMS INCLUDING GRASSROOTS GRANT AND ART CLASSES
CRAFT SHOP - PROVIDES SUPPORT FOR PROGRAMS AND EXPOSURE FOR ARTISTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rose Longuillo Director | Trustee | 40 | $47,995 |
Chip Foust Board Member | Trustee | 1 | $0 |
David Gaskin Board Member | Trustee | 1 | $0 |
Quinton Louris Board Member | Trustee | 1 | $0 |
Joshua Pugh Immediate Past President | Trustee | 1 | $0 |
Amber Scarlett Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $3,295 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $50,000 |
All other contributions, gifts, grants, and similar amounts not included above | $224,761 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $278,056 |
Total Program Service Revenue | $52,313 |
Investment income | $333 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $9,780 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $340,482 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $34,657 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $56,074 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,076 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $7,056 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
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 | $7,080 |
Insurance | $0 |
All other expenses | $18,968 |
Total functional expenses | $200,958 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $340,317 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $16 |
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 | $0 |
Net Land, buildings, and equipment | $115,732 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $5,000 |
Total assets | $461,065 |
Accounts payable and accrued expenses | $0 |
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 | $1,683 |
Total liabilities | $1,683 |
Net assets without donor restrictions | $442,600 |
Net assets with donor restrictions | $16,782 |
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 | $0 |
Total liabilities and net assets/fund balances | $461,065 |
Over the last fiscal year, Randolph Arts Guild has awarded $34,657 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
RANDOLPH YOUTH THEATER COMPANY PURPOSE: Specific Project | $15,000 |
RHINOLEAP PRODUCTIONS PURPOSE: Specific Project | $16,857 |
ASHEBORO CITY SCHOOLS PURPOSE: Specific Project | $2,800 |