Collierville Arts Council Inc
- Assets
- $67.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Collierville, TN
- Founding
- 11/1989
- Data as of
- 12/2021
- EIN
- 62-1387715
Organization Overview
Collierville Arts Council Inc is located in Collierville, TN. The organization was established in 1989. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Collierville Arts Council 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, Collierville Arts Council Inc generated $83.1k 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 (5.6%) each year. All expenses for the organization totaled $50.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 7 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 |
|---|---|---|---|
Joseph M Banker CPA Treasurer | 0 | $0 | |
Matt Morgan President | 0 | $0 | |
Missy Marshall Aldermanliason | 0 | $0 | |
Terry Dean Director | 0 | $0 | |
Irene Steelman Secretary | 0 | $0 | |
Jane Hester Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $83,041 |
| Membership dues | $0 |
| Investment income | $30 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $83,071 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50,721 |
| Total expenses | $50,721 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,800 |
| Other assets | $0 |
| Total assets | $66,953 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,953 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Collierville Arts Council Inc has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Memphis Inc Memphis, TN PURPOSE: GENERAL OPERATIONAL SUPPORT | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mid-America Arts Alliance Kansas City, MO | $12,444,344 | $5,873,119 |
Arts Memphis Memphis, TN | $27,136,198 | $4,849,435 |
Regional Cultural & Performing Arts Development Commission St Louis, MO | $5,092,606 | $4,539,915 |
Arts Council Incorporated Winston-Salem Arts Council Winstonsalem, NC | $15,705,377 | $2,746,354 |
Arts Council Inc Huntsville, AL | $1,324,347 | $2,576,236 |
North Carolina Humanities Council Charlotte, NC | $2,197,159 | $2,458,418 |
Arts Council Of Fayetteville Fayetteville, NC | $3,779,003 | $2,578,724 |
United Arts Council Of Raleigh And Wake County Inc Raleigh, NC | $1,299,106 | $2,647,753 |
The Art League Inc Alexandria, VA | $1,163,966 | $1,385,812 |
Durham Arts Council Inc Durham, NC | $657,218 | $2,110,368 |
Arts & Education Council Of Greater St Louis St Louis, MO | $3,607,788 | $2,239,386 |
Alabama Humanities Foundation Birmingham, AL | $1,112,119 | $1,988,298 |