Meridian Council For The Arts Inc
- Assets
- $292.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Meridian, MS
- Founding
- 11/1984
- Data as of
- 06/2022
- EIN
- 64-0623870
Organization Overview
Meridian Council For The Arts Inc is located in Meridian, MS. The organization was established in 1984. 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. Meridian Council For The Arts 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 06/2022, Meridian Council For The Arts Inc generated $129.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $186.1k during the year ending 06/2022. While expenses have increased by 18.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SUPPORT FOR AND PRESENTATION OF LOCAL ART FESTIVALS, PERFORMANCES, EVENTS, CHILDREN'S HANDS-ON ART, CHILDREN'S CONCERTS, ART EDUCATION, AND ART RELATED SEMINARS AND WORKSHOPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Stephens Treasurer | 10 | $0 | |
Sharon Pratt Past President | 5 | $0 | |
Holley Davis President | 10 | $0 | |
Shea Leake Secretary | 10 | $0 | |
Debbie Ford 1st Vice President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,971 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $142 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $85,781 |
| Total Revenue | $129,894 |
| 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 | $1,266 |
| Printing, publications, postage, and shipping | $343 |
| Other expenses | $126,926 |
| Total expenses | $186,149 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $292,103 |
| Other assets | $0 |
| Total assets | $292,103 |
| Total liabilities | $0 |
| Net assets or fund balances | $292,103 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Meridian Council For The Arts Inc has recieved totaling $22,000.
| Awarding Organization | Amount |
|---|---|
Paul & Sherry Broadhead Foundation Meridian, MS PURPOSE: GENERAL OPERATIONS OF THE ORGANIZATION | $20,000 |
The Riley Foundation Meridian, MS PURPOSE: THREEFOOT ARTS FESTIVAL | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walton Arts Center Council Inc Fayetteville, AR | $96,355,253 | $44,644,953 |
Arts Memphis Memphis, TN | $27,136,198 | $4,849,435 |
Acadiana Center For The Arts Lafayette, LA | $2,214,037 | $2,734,982 |
Arts Council Inc Huntsville, AL | $1,324,347 | $2,576,236 |
Arts Council Of New Orleans New Orleans, LA | $1,809,882 | $2,444,435 |
Arts Council Of Greater Baton Rouge Inc Baton Rouge, LA | $4,710,204 | $2,512,753 |
Alabama Humanities Foundation Birmingham, AL | $1,112,119 | $1,988,298 |
Shreveport Regional Arts Council Shreveport, LA | $6,655,707 | $1,731,229 |
Metropolitan Arts Council Birmingham, AL | $4,072,987 | $1,705,369 |
Arts And Culture Alliance Of Greater Knoxville Knoxville, TN | $1,199,560 | $1,108,020 |
Arkansas Humanities Council Inc Little Rock, AR | $1,550,015 | $1,824,377 |
Center For Art & Education Van Buren, AR | $8,555,446 | $1,725,170 |