Appalachian Arts Craft Center Inc
- Assets
- $313.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clinton, TN
- Founding
- 08/1975
- Data as of
- 12/2022
- EIN
- 62-0940078
Organization Overview
Appalachian Arts Craft Center Inc is located in Clinton, TN. The organization was established in 1975. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Appalachian Arts Craft 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 12/2022, Appalachian Arts Craft Center Inc generated $101.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $90.4k during the year ending 12/2022. While expenses have increased by 6.0% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
NUMBER OF CLASSES OFFERED AND CONDUCTED WAS 46. THE NUMBER OF STUDENTS ATTENDING THE OFFERED CLASSES WAS 258
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Pegram Executive Director | 29 | $24,106 | |
Nancy Evans Administrative Assistant | 13.25 | $7,871 | |
Patrick Hurley President | 4 | $0 | |
Kelli Thompson Vice President | 4 | $0 | |
Marie Clingan Treasurer | 4 | $0 | |
Chuck Schwaner Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,452 |
| Total Program Service Revenue | $27,130 |
| Membership dues | $5,832 |
| Investment income | $2,784 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $959 |
| Other Revenue | $11,102 |
| Total Revenue | $101,377 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,818 |
| Professional fees and other payments to independent contractors | $12,772 |
| Occupancy, rent, utilities, and maintenance | $16,325 |
| Printing, publications, postage, and shipping | $11,104 |
| Other expenses | $12,425 |
| Total expenses | $90,444 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $120,226 |
| Other assets | $0 |
| Total assets | $313,253 |
| Total liabilities | $11,834 |
| Net assets or fund balances | $301,419 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Appalachian Arts Craft Center Inc has recieved totaling $9,000.
| Awarding Organization | Amount |
|---|---|
East Tennessee Foundation Knoxville, TN PURPOSE: GEN/OPER SUPPORT | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coalition To Salute Americas Heroes Foundation Leesburg, VA | $3,573,595 | $8,478,376 |
Center Of Creative Arts Saint Louis, MO | $22,497,336 | $9,712,696 |
Music City Inc Nashville, TN | $1,837,848 | $7,930,504 |
Crosstown Arts Memphis, TN | $38,457,214 | $4,680,625 |
John C Campbell Folk School Brasstown, NC | $20,488,128 | $4,524,565 |
Kranzberg Arts Foundation St Louis, MO | $18,112,007 | $6,602,930 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Association Of American Voices Saint Louis, MO | $696,688 | $3,487,679 |
Memphis Equity Through Arts Meta Incorporated Memphis, TN | $5,874,530 | $7,164,597 |
Appalshop Inc Whitesburg, KY | $8,650,033 | $2,149,775 |
Memphis In May International Festival Inc Memphis, TN | $4,677,503 | $2,273,583 |
Safe States Alliance Atlanta, GA | $855,123 | $2,462,301 |