Yeiser Art Center Inc
- Assets
- $63.1k
- Revenue
- $119.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Paducah, KY
- Founding
- 02/1966
- Data as of
- 06/2021
- EIN
- 61-0651822
Organization Overview
Yeiser Art Center Inc is located in Paducah, KY. The organization was established in 1966. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Yeiser Art Center Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yeiser Art Center 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 06/2021, Yeiser Art Center Inc generated $119.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $134.1k during the year ending 06/2021. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE YEISER ART CENTER IS TO FURTHER THE DEVELOPEMENT AND APPRECIATION OF THE VISUAL ARTS WITHIN OUR OWN LOCAL COMMUNITY AND THROUGHOUT THE REGION BY PROVIDING DIVERSE AND INCLUSIVE EDUCATIUONAL OPPORTUNITIES AND ACTIVITIES THAT HELP TO NURTURE AND REFLECT THE CREATIVE SPIRIT IN ALL OF US
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICE REVENUE IS DERIVED FROM ADMISSION, ENTRY FEES, GALLERY SALES & WORKSHOPS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley R Barnett Chair | Trustee | 1 | $0 |
Merle Paschedag Vice Chair | Trustee | 1 | $0 |
Cody Walls Treasurer | Trustee | 2 | $0 |
Stefanie E Graves Past Preside | Trustee | 1 | $0 |
Teri Ray Secretary | Trustee | 1 | $0 |
Kijsa Housman Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,179 |
| Investment income | $1,240 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$866 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,731 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $119,284 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,566 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,363 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,981 |
| Office expenses | $5,195 |
| Information technology | $4,165 |
| Royalties | $0 |
| Occupancy | $5,784 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $626 |
| Insurance | $5,966 |
| All other expenses | $0 |
| Total functional expenses | $134,086 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,872 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,050 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,841 |
| Total assets | $63,053 |
| Accounts payable and accrued expenses | $779 |
| Grants payable | $0 |
| Deferred revenue | $4,322 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $15,076 |
| Total liabilities | $20,177 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $42,876 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Yeiser Art Center Inc has recieved totaling $10,011.
| Awarding Organization | Amount |
|---|---|
Carson-Myre Charitable Foundation Paducah, KY PURPOSE: ENHANCE LOCAL CULTURAL ACTIVITIES | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Architecture Foundation Chicago, IL | $18,456,323 | $14,699,492 |
Painting Industry Insurance Fund Strongsville, OH | $10,051,774 | $13,147,287 |
Frist Art Museum Nashville, TN | $27,247,403 | $12,277,490 |
The American Ceramic Society Inc Westerville, OH | $14,880,081 | $7,163,335 |
Textile Rental Services Association Of America Inc Alexandria, VA | $12,660,390 | $5,781,606 |
Fenestration And Glazing Industry Alliance Schaumburg, IL | $6,384,205 | $4,966,632 |
Museum Of Contemporary Art Cleveland Cleveland, OH | $27,997,238 | $2,174,653 |
Fibre Box Association Itasca, IL | $1,560,987 | $3,611,412 |
Hyde Park Art Center Chicago, IL | $13,112,741 | $7,741,893 |
Glass City Academy Toledo, OH | $3,212,958 | $2,938,051 |
Master Craftsmen Foundation Kansas City, MO | $0 | $269 |
Virginia Museum Of Contemporary Art Virginia Beach, VA | $2,164,198 | $3,254,466 |