Arts & Design Society Of Fort Walton Beach Inc
- Assets
- $196.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Walton Beach, FL
- Founding
- 07/1990
- Data as of
- 11/2021
- EIN
- 59-1657053
Organization Overview
Arts & Design Society Of Fort Walton Beach Inc is located in Fort Walton Beach, FL. The organization was established in 1990. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, 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. Arts & Design Society Of Fort Walton Beach 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 11/2021, Arts & Design Society Of Fort Walton Beach Inc generated $55.3k 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 (9.6%) each year. All expenses for the organization totaled $52.8k during the year ending 11/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Dennis May - Aug 21 Office Manager | 35 | $3,318 | |
Sandra Franks Oct - Nov 21 Office Manager | 35 | $3,252 | |
Pirjo H Joensuu Treasurer | 10 | $707 | |
Jennifer Dennis President | 5 | $0 | |
Wally Ratcliffe Vice President | 10 | $0 | |
Mary Eady Recording Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,970 |
| Total Program Service Revenue | $29,693 |
| Membership dues | $8,875 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,799 |
| Other Revenue | $3,910 |
| Total Revenue | $55,308 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,567 |
| Professional fees and other payments to independent contractors | $4,349 |
| Occupancy, rent, utilities, and maintenance | $24,869 |
| Printing, publications, postage, and shipping | $1,621 |
| Other expenses | $15,368 |
| Total expenses | $52,774 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,716 |
| Other assets | $0 |
| Total assets | $196,165 |
| Total liabilities | $0 |
| Net assets or fund balances | $196,165 |
Peer Organizations
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|---|---|---|
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Alabama Broadcasters Association Hoover, AL | $2,203,591 | $1,309,669 |
National Federation Of Music Clubs Gainesville, FL | $13,639,415 | $1,702,418 |
The Art League Of Manatee County Bradenton, FL | $7,443,553 | $2,263,652 |
Georgia Music Educators Association Inc Stockbridge, GA | $234,771 | $589,507 |
International Pediatric Simulation Society Pensacola, FL | $32,451 | $346,258 |
Florida Bandmasters Association Inc Pembroke Pines, FL | $437,979 | $398,193 |
1st Us Volunteer Cavalry Regiment Tampa, FL | $1,062,121 | $401,508 |
World Federation Of Ballroom Dancers Aventura, FL | $12,054 | $378,950 |
Aia Tampa Bay Inc Tampa, FL | $741,734 | $395,580 |
American Institute Of Architects Miami, FL | $573,349 | $538,696 |