Desoto Arts Council is located in Hernando, 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. Desoto Arts Council 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, Desoto Arts Council generated $122.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $104.6k during the year ending 12/2021. While expenses have increased by 9.3% 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE VENUE FOR LOCAL ARTISTS TO SHOWCASE AND SELL THEIR ART WORK. PROVIDE SUMMER CAMP FOR 45 CHILDREN, WITH CLASSES IN ART, GARDENING, PERFORMANCE, AND CRAFTS. PROVIDE ADULT ART CLASSES. LOCAL ARTISTS ARE PAID FOR THEIR SERVICE CONDUCTING THE CLASSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Margaret Yates Executive Di | 0 | $0 | |
Randy Martin President | 0 | $0 | |
Derik Biglane Vice-Preside | 0 | $0 | |
Erin Owen Treasurer/se | 0 | $0 | |
Vickey Mclendon Member | 0 | $0 | |
Tajuana Williams Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $61,869 |
Total Program Service Revenue | $39,275 |
Membership dues | $0 |
Investment income | $13,014 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $8,467 |
Total Revenue | $122,625 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $44,215 |
Professional fees and other payments to independent contractors | $17,814 |
Occupancy, rent, utilities, and maintenance | $4,492 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $38,071 |
Total expenses | $104,592 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $93,299 |
Other assets | $0 |
Total assets | $187,532 |
Total liabilities | $441 |
Net assets or fund balances | $187,091 |
Over the last fiscal year, we have identified 1 grants that Desoto Arts Council has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
---|---|---|
Frist Art Museum Nashville, TN | $27,247,403 | $12,277,490 |
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 |