Golden Isles Live Inc
- Assets
- $79.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Simons Island, GA
- Founding
- 07/1992
- Data as of
- 06/2022
- EIN
- 58-1828852
Organization Overview
Golden Isles Live Inc is located in Saint Simons Island, GA. The organization was established in 1992. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Golden Isles Live 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 06/2022, Golden Isles Live Inc generated $39.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $35.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
PRESENTED SIX PERFORMING ARTISTS IN CONCERT TO ANAUDIENCE OF APPROXIMATELY 500 PEOPLE AT EACH PERFORMANCE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorene L Reid President | 5 | $0 | |
Mary Ann Brearly Vice President | 2 | $0 | |
Sharon E Bolin Secretary | 2 | $0 | |
Charles R Cox CPA Treasurer | 2 | $0 | |
George K Dorsey Past President | 0 | $0 | |
Gwen L Davis Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,450 |
| Total Program Service Revenue | $36,556 |
| Membership dues | $0 |
| Investment income | $80 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,086 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $240 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,140 |
| Other expenses | $31,306 |
| Total expenses | $35,686 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,345 |
| Other assets | $0 |
| Total assets | $79,345 |
| Total liabilities | $2,290 |
| Net assets or fund balances | $77,055 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Golden Isles Live Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Eugenia Price - Joyce K Blackburn Charitable Foundation Inc St Simons Island, GA PURPOSE: UNRESTRICTED | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gasparilla Music Foundation Inc Tampa, FL | $1,064,591 | $5,545,638 |
Birthplace Of Country Music Alliance Bristol, TN | $15,699,295 | $2,559,665 |
Musicians On Call Inc Nashville, TN | $3,633,934 | $3,486,106 |
Latin Grammy Cultural Foundation Doral, FL | $2,673,582 | $2,064,873 |
Florida West Coast Symphony Inc Endowment Tr Sarasota, FL | $31,410,388 | $1,333,679 |
Clearwater Jazz Holiday Foundation Inc Clearwater, FL | $1,252,742 | $1,598,944 |
Varna International Music Academy Columbia, SC | $449,855 | $1,227,146 |
Nu Deco Ensemble Inc Miami, FL | $264,007 | $1,216,119 |
Blues Foundation Inc Memphis, TN | $4,533,935 | $1,249,645 |
Bach Festival Society Of Winter Park Winter Park, FL | $4,981,220 | $1,213,306 |
Songbirds Foundation Inc Chattanooga, TN | $16,669,845 | $490,877 |
Community Arts Association In Newton County Inc Covington, GA | $760,838 | $850,953 |