Heritage Arts And Science Center Inc
- Assets
- $787.3k
- Revenue
- $63.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Ashland, KY
- Founding
- 11/1991
- Data as of
- 12/2021
- EIN
- 61-1204320
Organization Overview
Heritage Arts And Science Center Inc is located in Ashland, KY. The organization was established in 1991. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, 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. Heritage Arts And Science 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 12/2021, Heritage Arts And Science Center Inc generated $63.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $84.6k during the year ending 12/2021. While expenses have increased by 6.5% 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
RESTORATION OF THE MCCONNELL HOUSE (AN 1800'S PLANTATION HOME). THE MCCONNELL IS ON THE NATIONAL REGISTRY AND OUR PRIMARY PURPOSE IS PROVIDE ARTS, SCIENCE AND TOURISM FOR THE COMMUNITY WITH A FOCUS ON OUR CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTORATION OF THE MCCONNELL HOUSE (AN 1800'S PLANTATION HOME) THAT HOUSED SLAVES. THE MCCONNELL IS ON THE NATIONAL REGISTRY FOR HISTORIC PLACES, AND OUR ORGANIZATION'S PRIMARY PURPOSE IS IT'S RESTORATION.
RESTORATION OF THE MCCONNELL HOUSE (AN 1800'S PLANTATION HOME) THAT HOUSED SLAVES. THE MCCONNELL IS ON THE NATIONAL REGISTRY FOR HISTORIC PLACES, AND OUR ORGANIZATION'S PRIMARY PURPOSE IS IT'S RESTORATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jody Hannah President | OfficerTrustee | $0 | |
Terry Fyffe Treasurer | OfficerTrustee | $0 | |
Laura Lewis Secretary | OfficerTrustee | $0 | |
Rita Spence 2nd Vice-Pre | OfficerTrustee | $0 | |
Claudine Williamson 1st Vice-Pre | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $25 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,419 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,444 |
| Total Program Service Revenue | $2,919 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $63,363 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $36,944 |
| Insurance | $0 |
| All other expenses | $1,820 |
| Total functional expenses | $84,563 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,751 |
| Savings and temporary cash investments | $10,511 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,543 |
| 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 | $0 |
| Net Land, buildings, and equipment | $731,543 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $787,348 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $782,798 |
| Net assets with donor restrictions | $4,550 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $787,348 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Heritage Arts And Science Center Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Connect2culture Joplin, MO | $4,192,804 | $8,724,322 |
Music And Dance Theater Chicago Inc Chicago, IL | $59,585,451 | $8,251,636 |
Cincinnati Arts Association Cincinnati, OH | $56,926,622 | $8,741,930 |
Historic Tennessee Theatre Foundation Knoxville, TN | $32,949,657 | $9,927,493 |
Luther F Carson Four Rivers Center Inc Paducah, KY | $59,072,684 | $5,458,266 |
Embassy Theatre Foundation Inc Fort Wayne, IN | $19,673,626 | $5,039,603 |
Playhouse Square Development Corporation Cleveland, OH | $842,822 | $0 |
Arts In Stark Canton, OH | $26,886,137 | $1,886,035 |
Firehouse Community Arts Center Of Chicago Chicago, IL | $572,664 | $2,968,045 |
Arts Of Southern Kentucky Inc Bowling Green, KY | $7,056,878 | $5,434,508 |
Sheldon Arts Foundation Saint Louis, MO | $19,890,863 | $2,862,291 |
Belcourt Theatre Inc Nashville, TN | $8,909,570 | $4,044,335 |