Lyndon House Visual Arts Foundation Inc
- Assets
- $128.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Athens, GA
- Founding
- 03/1994
- Data as of
- 12/2021
- EIN
- 58-2059409
Organization Overview
Lyndon House Visual Arts Foundation Inc is located in Athens, GA. The organization was established in 1994. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lyndon House Visual Arts Foundation 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 12/2021, Lyndon House Visual Arts Foundation Inc generated $21.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $17.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
TO SUPPORT OPERATIONS, EXHIBITS, EDUCATIONAL OPPORTUNITIES AND OUTADVANCE VISUAL ARTS AND TO SUPPORT LYNDON HOUSE ARTS CENTER PROGRAMS INCLUDING OPERATIONS, EXHIBITS, EDUCATIONAL OPPORTUNITIES AND OUTREACH. ALL PROMOTE THE CENTER AND THE ARTS COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Elliott President | 23.19 | $0 | |
Louis Kudon Vice President | 1 | $0 | |
Anne O'niel Secretary | 6.96 | $0 | |
Derrick Gable Board Member | 1.38 | $0 | |
Beatrice Kaiser Board Member | 0.77 | $0 | |
Leta Bodine Treasurer | 8.85 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,495 |
| Total Program Service Revenue | $7,890 |
| Membership dues | $0 |
| Investment income | $627 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,904 |
| 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 | $7,919 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,056 |
| Other expenses | $8,926 |
| Total expenses | $17,901 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $123,466 |
| Other assets | $0 |
| Total assets | $128,416 |
| Total liabilities | $0 |
| Net assets or fund balances | $128,416 |
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