Olive Branch Arts Council Inc
- Assets
- $4.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Olive Branch, MS
- Founding
- 06/1999
- Data as of
- 12/2021
- EIN
- 64-0895126
Organization Overview
Olive Branch Arts Council Inc is located in Olive Branch, MS. The organization was established in 1999. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Olive Branch 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, Olive Branch Arts Council Inc generated $5.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $6.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.8%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
ART AND PHOTOGRAPHY FORUMS, WORKSHOPS, SHOWS AND CONTESTS, THEATRE CAMPS, SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lycia Callahan Board Member | 1 | $0 | |
Carol Mcrae Board Member | 1 | $0 | |
Debra Monday Board Member | 1 | $0 | |
Allison Pruette President | 1 | $0 | |
Peggy Henderson Board Member | 1 | $0 | |
Bettie Puckett Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,083 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,083 |
| 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 | $510 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,422 |
| Total expenses | $6,597 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,931 |
| Other assets | $0 |
| Total assets | $4,931 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,931 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Olive Branch Arts Council Inc has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Louisiana Art And Science Museum Inc Baton Rouge, LA | $6,561,733 | $3,010,375 |
Kid Smart New Orleans, LA | $1,431,671 | $1,483,541 |
Rabbit Room Inc Franklin, TN | $2,342,390 | $941,267 |
Interform Springdale, AR | $499,617 | $931,526 |
Inspiration Point Fine Arts Colony Inc Eureka Springs, AR | $3,726,831 | $2,341,148 |
Craftsman Independent Union Health Welfare & Hospitalization Fund Madison, TN | $0 | $23 |
Association For Visual Artists Chattanooga, TN | $116,196 | $450,921 |
Craftsmens Guild Of Mississippi Inc Ridgeland, MS | $181,962 | $270,204 |
Artsrevive Community Development Corporation Selma, AL | $1,268,252 | $211,113 |
Oak Ridge Art Center Oak Ridge, TN | $1,054,592 | $320,946 |
Sculpture Fields At Montague Park Chattanooga, TN | $757,965 | $256,832 |
Mark Making Chattanooga, TN | $515,804 | $287,661 |