The Classic Center Cultural Foundation Inc

Organization Overview

The Classic Center Cultural Foundation Inc is located in Athens, GA. The organization was established in 2001. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Classic Center Cultural 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 06/2022, Classic Center Cultural Foundation Inc generated $507.1k 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 (3.4%) each year. All expenses for the organization totaled $472.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT CLASSIC CENTER PROMOTE CULTURAL AWARENESS

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS - GIVEN TO COMMUNITY HIGH SCHOOL PERFORMING ARTS, CULINARY ARTS, AND VISUAL ARTS STUDENTS


SPONSORSHIPS - GIVEN TO LOCAL NON-PROFIT ORGANIZATIONS


CELEBRATION OF THE ARTS, SHOW RECEPTIONS, AND OTHER EVENTS - MEMBER EV HELD TO PROMOTE THE CLASSIC CENTER OF ATHENS, GA


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Board, Officers & Key Employees

Name (title)Compensation
Paul Cramer
Exofficio
$0
Beth Bryant
Director
$0
Jack Crowley
President
$0
Gwen O'looney
Vice President
$0
Chad Brown
Secretary
$0
Jinx Patel
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$160,738
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$27,418
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$188,156
Total Program Service Revenue$138,312
Investment income $104,812
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$2,655
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $77,430
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $507,055

Grants Awarded

Over the last fiscal year, The Classic Center Cultural Foundation Inc has awarded $18,897 in support to 2 organizations.

Grant RecipientAmount

HISTORIC COBBHAM FOUNDATIO

PURPOSE: MOSAICS COBBHAM TRIANGLE

$5,000

CLASSIC CENTER AUTHORITY

PURPOSE: MASK MAKING

$13,897
View Grant Profile

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