Leeds Arts Council Inc
- Assets
- $341.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Leeds, AL
- Founding
- 04/1994
- Data as of
- 12/2021
- EIN
- 63-1080635
Organization Overview
Leeds Arts Council Inc is located in Leeds, AL. The organization was established in 1994. 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. Leeds 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, Leeds Arts Council Inc generated $56.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $50.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 6 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 |
|---|---|---|---|
Mandi Rae Trott President | 12 | $0 | |
Beverly Wilson Corresponding Secretary | 5 | $0 | |
Mondretta Williams Director | 3 | $0 | |
Lee Banks Director | 3 | $0 | |
Victoria Boyce Director | 4 | $0 | |
Brandi Mcclaron Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,510 |
| Total Program Service Revenue | $35,464 |
| Membership dues | $3,825 |
| Investment income | $45 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,036 |
| Total Revenue | $56,880 |
| 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 | $2,300 |
| Occupancy, rent, utilities, and maintenance | $15,959 |
| Printing, publications, postage, and shipping | $1,270 |
| Other expenses | $31,373 |
| Total expenses | $50,902 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,121 |
| Other assets | $0 |
| Total assets | $341,128 |
| Total liabilities | $0 |
| Net assets or fund balances | $341,128 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cultural Council Of Palm Beach County Inc Lake Worth Beach, FL | $4,793,143 | $4,742,344 |
Cultural Council Of Greater Jacksonville Inc Jacksonville, FL | $577,068 | $3,572,819 |
Arts Memphis Memphis, TN | $27,136,198 | $4,849,435 |
Cultural Arts Alliance Of Walton County Inc Santa Rosa Beach, FL | $1,589,412 | $4,021,935 |
Center For The Arts Of Bonita Springs Inc Bonita Springs, FL | $7,207,342 | $3,360,058 |
Center For Creative Education West Palm Beach, FL | $14,885,333 | $5,252,412 |
Arts Council Inc Huntsville, AL | $1,324,347 | $2,576,236 |
Coconut Grove Arts & Historical Coconut Grove, FL | $1,112,437 | $2,390,946 |
Alabama Humanities Foundation Birmingham, AL | $1,112,119 | $1,988,298 |
Metropolitan Arts Council Birmingham, AL | $4,072,987 | $1,705,369 |
Lee County Alliance Of The Arts Inc Fort Myers, FL | $4,890,269 | $1,232,249 |
Arts And Culture Alliance Of Greater Knoxville Knoxville, TN | $1,199,560 | $1,108,020 |