Monroe Area Council For The Arts
- Assets
- $12.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madisonville, TN
- Founding
- 03/1997
- Data as of
- 06/2022
- EIN
- 62-1615958
Organization Overview
Monroe Area Council For The Arts is located in Madisonville, TN. The organization was established in 1997. 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. Monroe Area Council For The Arts 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, Monroe Area Council For The Arts generated $126.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $113.6k during the year ending 06/2022. 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
ARTS AND EDUCATION 8500
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Laura Mason President | 10 | $0 | |
Jeanne Hoppenjans Secretary | 20 | $0 | |
Tim Rasmussen Vice President | 2 | $0 | |
Rachel Kohn Board Member | 40 | $0 | |
Joan Mulliner Board Member | 40 | $0 | |
Eric Hazuda Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,074 |
| Total Program Service Revenue | $33,043 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $32,050 |
| Other Revenue | $0 |
| Total Revenue | $126,167 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,190 |
| Professional fees and other payments to independent contractors | $6,948 |
| Occupancy, rent, utilities, and maintenance | $2,210 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $79,243 |
| Total expenses | $113,591 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,616 |
| Other assets | $0 |
| Total assets | $12,616 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,616 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Monroe Area Council For The Arts has recieved totaling $62.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $62 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walton Arts Center Council Inc Fayetteville, AR | $96,355,253 | $44,644,953 |
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 |