Southwest Artists Incorporated
- Assets
- $117.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mena, AR
- Founding
- 11/1979
- Data as of
- 12/2022
- EIN
- 71-0521467
Organization Overview
Southwest Artists Incorporated is located in Mena, AR. The organization was established in 1979. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. Southwest Artists Incorporated 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 12/2022, Southwest Artists Incorporated generated $47.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $51.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
PROJECTS INCLUDE OUACHITA ART TRAILS, STUDIO TOUR, POTTERS GUILD, WRITERS GUILD, PHOTOGRAPHY CLUB
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Youngblood Director | 0 | $0 | |
Linda Ostman Chairman | 0 | $0 | |
Barbara Dubose Director | 0 | $0 | |
Sherry Balkenhol Director | 0 | $0 | |
Carol Myrick Director | 0 | $0 | |
Joe Corcoran Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,286 |
| Total Program Service Revenue | $0 |
| Membership dues | $9,084 |
| Investment income | $184 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,005 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,732 |
| Professional fees and other payments to independent contractors | $1,380 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $237 |
| Other expenses | $27,616 |
| Total expenses | $50,965 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,563 |
| Other assets | $0 |
| Total assets | $117,405 |
| Total liabilities | $3,808 |
| Net assets or fund balances | $113,597 |