Shreveport Regional Arts Council is located in Shreveport, LA. The organization was established in 1977. 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 06/2022, Shreveport Regional Arts Council employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shreveport Regional 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 06/2022, Shreveport Regional Arts Council generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $2.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Shreveport Regional Arts Council has awarded 84 individual grants totaling $1,941,642. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF THE ARTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART IN EDUCATION - ANNUAL FESTIVAL IN CELEBRATION OF THE ARTS. FEATURES ARTWORK AND PERFORMANCES BY LOCAL SCHOOL CHILDREN AND PROFESSIONALS.
CAPITAL/SPECIAL PROJECTS
ARTSPACE - ACTIVITIES WHICH PROVIDE A MULTI-DISCIPLINARY INTER-GENERATIONAL ARTS CENTER OPEN TO THE PUBLIC.
OTHER PROGRAMS INCLUDE DECENTRALIZED ARTS FUNDING; REGRANTS, PANELS AND OTHER PROGRAMS - PROVIDE GRANTS AND TECHNICAL ASSISTANCE TO ART ORGANIZATIONS AND ARTISTS. ALSO, PROMOTION OF THE ARTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sandi Kallenberg Chairman | Trustee | 0 | $0 |
Henry E Price Board President | Trustee | 0 | $0 |
John Albritton Vice-President-Financial | Trustee | 0 | $0 |
Bruce Allen Vice-President-Development | Trustee | 0 | $0 |
Susan B Muse Treasurer | Trustee | 0 | $0 |
Shanerika Flemings Full Board | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,112,290 |
All other contributions, gifts, grants, and similar amounts not included above | $302,139 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,414,429 |
Total Program Service Revenue | $160,648 |
Investment income | -$93,649 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $12,583 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $13,179 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,611,506 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $507,431 |
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 | $136,990 |
Other salaries and wages | $326,898 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $35,290 |
Payroll taxes | $32,887 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $425,193 |
Advertising and promotion | $25,170 |
Office expenses | $3,666 |
Information technology | $6,050 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $84,108 |
Interest | $7,292 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $161,336 |
Insurance | $46,871 |
All other expenses | $250,907 |
Total functional expenses | $2,312,756 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $530,848 |
Savings and temporary cash investments | $945,622 |
Pledges and grants receivable | $334,352 |
Accounts receivable, net | $7,468 |
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 | $88,649 |
Net Land, buildings, and equipment | $2,676,117 |
Investments—publicly traded securities | $666,417 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,249,473 |
Accounts payable and accrued expenses | $81,597 |
Grants payable | $217,998 |
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 | $120,842 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,251,934 |
Total liabilities | $1,672,371 |
Net assets without donor restrictions | $3,183,220 |
Net assets with donor restrictions | $393,882 |
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 | $5,249,473 |
Over the last fiscal year, Shreveport Regional Arts Council has awarded $283,057 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
RED RIVER REVEL PURPOSE: PROMOTION OF THE ARTS | $6,660 |
BLACK CULTURAL ARTS COALITION PURPOSE: PROMOTION OF THE ARTS | $75,000 |
SHREVEPORT LITTLE THEATRE PURPOSE: PROMOTION OF THE ARTS | $17,394 |
SHREVEPORT OPERA PURPOSE: PROMOTION OF THE ARTS | $29,599 |
SHREVEPORT SYMPHONY ORCHESTRA PURPOSE: PROMOTION OF THE ARTS | $42,653 |
THE STRAND THEATRE PURPOSE: PROMOTION OF THE ARTS | $49,932 |