Mountain Regional Arts & Crafts Guild Inc
- Assets
- $15.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hiawassee, GA
- Founding
- 03/2004
- Data as of
- 12/2019
- EIN
- 58-1926388
Organization Overview
Mountain Regional Arts & Crafts Guild Inc is located in Hiawassee, GA. The organization was established in 2004. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Mountain Regional Arts & Crafts Guild 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 12/2019, Mountain Regional Arts & Crafts Guild Inc generated $38.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (16.3%) each year. All expenses for the organization totaled $37.8k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (15.4%) per year over the past 3 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY EXEMPT PURPOSE OF MOUNTAIN REGIONAL ARTS AND CRAFTS GUILD, INC. IS TO PROMOTE ART AND CRAFTS FROM THE COMMUNITIES IN NORTHEAST GEORGIA AND SOUTHWESTERN NORTH CAROLINA.
Describe the Organization's Program Activity:
Part 3
MOUNTAIN REGIONAL ARTS AND CRAFTS GUILD, INC. PROVIDES SUPPORT TO LOCAL ARTISTS AND CRAFTSMEN IN NORTHEAST GEORGIA AND SOUTHWESTERN NORTH CAROLINA BY OFFERING AN ARTISAN CENTER KNOWN AS "ARTWORKS" WHERE GUILD MEMBERS MAY DISPLAY AND SELL JURIED ARTS AND CRAFTS TO THE GENERAL PUBLIC.
OTHER PROGRAM SERVICES INCLUDE ARTS AND CRAFTS CLASSES FOR CHILDREN AND ADULT STUDENTS TO OFFER ART EDUCATION TO THE PUBLIC. CHILDREN'S PROGRAM IS LOW COST OR FREE FOR DISADVANTAGED YOUTH AND SUPPORTED BY CHARITABLE DONATIONS FROM THE COMMUNITY.
MOUNTAIN REGIONAL ARTS AND CRAFTS GUILD SUPPORTS LOCAL ARTISANS BY OFFERING THREE ANNUAL ARTS AND CRAFTS SHOWS WHERE MEMBERS AND NON-MEMBERS MAY DISPLAY AND SELL ARTS AND CRAFTS TO THE GENERAL PUBLIC.
MOUNTAIN REGIONAL ARTS AND CRAFTS GUILD SUPPORTS LOCAL ARTISANS BY OFFERING GUILD MEMBERS BOOTH SPACE AT THE GEORGIA MOUNTAIN FAIRGROUNDS TO DISPLAY AND SELL ARTS AND CRAFTS TO THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Windham President | 3 | $0 | |
Barbara Keyes Past Preside | 2 | $0 | |
Paula Canup Vice Preside | 3 | $0 | |
Anne Wolf Secretary | 3 | $0 | |
Keith Beaty Treasurer | 3 | $0 | |
Ann Thompson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,529 |
| Total Program Service Revenue | $33,962 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,491 |
| 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 | $45 |
| Occupancy, rent, utilities, and maintenance | $14,615 |
| Printing, publications, postage, and shipping | $92 |
| Other expenses | $23,036 |
| Total expenses | $37,788 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,052 |
| Other assets | $0 |
| Total assets | $15,052 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,052 |