Center For Art & Education
- Assets
- $8.5m
- Revenue
- $1.2m
- Investments
- $141.1k
- Employees
- 12
- Location
- Van Buren, AR
- Founding
- 02/1978
- Data as of
- 06/2023
- EIN
- 71-0497273
Organization Overview
Center For Art & Education, operating under the name Arts On Main, is located in Van Buren, AR. The organization was established in 1978. 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. As of 06/2023, Arts On Main employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts On Main 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 06/2023, Arts On Main generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $1.2m during the year ending 06/2023. While expenses have increased by 22.9% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ART EDUCATION FOR THE COMMUNITY AND PROVIDE A NURTURING AND CHALLENGING EDUCATIONAL ENVIRONMENT WHERE ART OF ALL FORMS CAN BE EXPERIENCED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART EDUCATION TO CITIZENS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Endel Secretary | OfficerTrustee | 1 | $0 |
Lisa Huckelbury President | OfficerTrustee | 1 | $0 |
Jessica Jones Director | Trustee | 1 | $0 |
Dr Donala K Jordan Director | Trustee | 1 | $0 |
Kenneth Wayne Kilgore Jr Director | Trustee | 1 | $0 |
Lana Kimes-Bailey Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $42,967 |
| All other contributions, gifts, grants, and similar amounts not included above | $943,977 |
| Noncash contributions included in lines 1a–1f | $12,217 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $986,944 |
| Total Program Service Revenue | $119,633 |
| Investment income | $6,707 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$501 |
| Net Income from Fundraising Events | $11,630 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,246,956 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $285,565 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,140 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,974 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $48,185 |
| Office expenses | $37,614 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $73,861 |
| Travel | $11,563 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,159 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $310,261 |
| Insurance | $35,097 |
| All other expenses | $10,851 |
| Total functional expenses | $1,211,118 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $484,589 |
| Savings and temporary cash investments | $606,305 |
| Pledges and grants receivable | $558,989 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $25,469 |
| Net Land, buildings, and equipment | $6,639,121 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $141,070 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $83,490 |
| Total assets | $8,539,033 |
| Accounts payable and accrued expenses | $14,293 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $198,861 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $213,154 |
| Net assets without donor restrictions | $8,196,541 |
| Net assets with donor restrictions | $129,338 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,539,033 |