Lake Cumberland Performing Arts Series Inc
- Assets
- $233.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somerset, KY
- Founding
- 03/1979
- Data as of
- 06/2022
- EIN
- 61-0943918
Organization Overview
Lake Cumberland Performing Arts Series Inc is located in Somerset, KY. The organization was established in 1979. According to its NTEE Classification (A65) the organization is classified as: Theater, 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. Lake Cumberland Performing Arts Series 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, Lake Cumberland Performing Arts Series Inc generated $44.9k 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 (9.5%) each year. All expenses for the organization totaled $60.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
PERFORMING ARTS PRODUCTIONS - THE ORGANIZATION ANNUALLY SUPPORTS A SERIES OF PRODUCTIONS OPEN TO THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Britini Shoemaker President | 0 | $0 | |
Cecelia Carroll Vice Preside | 0 | $0 | |
Rosemary Bray Secretary | 0 | $0 | |
Melody Moss Treasurer | 0 | $0 | |
Delores Dalton Director | 0 | $0 | |
Mandy Prather Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,164 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,537 |
| Other Revenue | $242 |
| Total Revenue | $44,943 |
| 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 | $4,446 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,792 |
| Total expenses | $60,238 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $233,102 |
| Other assets | $0 |
| Total assets | $233,702 |
| Total liabilities | $0 |
| Net assets or fund balances | $233,702 |