Arts Council Of Central Louisiana
- Assets
- $1.2m
- Revenue
- $499.6k
- Investments
- $395.5k
- Employees
- 15
- Location
- Alexandria, LA
- Founding
- 07/1980
- Data as of
- 06/2024
- EIN
- 72-0881060
Organization Overview
Arts Council Of Central Louisiana is located in Alexandria, LA. The organization was established in 1980. 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 06/2024, Arts Council Of Central Louisiana employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts Council Of Central Louisiana 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 06/2024, Arts Council Of Central Louisiana generated $499.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $457.1k during the year ending 06/2024. While expenses have increased by 0.4% per year over the past 5 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF THE ARTS WITHIN THE CENTRAL LOUISIANA COMMUNITY PARISHES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTED ARTS EDUCATION AND AWARENESS AND SUPPORTED AN ENVIROMENT IN WHICH THE ARTS CAN THRIVE IN EIGHT CENTRAL LOUISIANA PARISHES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Pillarisetti President | OfficerTrustee | 10 | $0 |
Ann Masden Vice President | OfficerTrustee | 2 | $0 |
Robert Levy Treasurer | OfficerTrustee | 5 | $0 |
Bob Savage Secretary | OfficerTrustee | 5 | $0 |
Mary Covington Member | Trustee | 2 | $0 |
Amelie Freedman Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $30,426 |
| Fundraising events | $46,178 |
| Related organizations | $0 |
| Government grants | $182,573 |
| All other contributions, gifts, grants, and similar amounts not included above | $165,059 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $424,236 |
| Total Program Service Revenue | $0 |
| Investment income | $102 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $68,064 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $499,604 |
| 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. | $71,114 |
| Compensation of current officers, directors, key employees. | $35,557 |
| Compensation to disqualified persons | $172,297 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $38,241 |
| Fees for services: Management | $15,465 |
| 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 | $930 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,181 |
| Office expenses | $8,677 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,405 |
| Travel | $5,659 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,418 |
| Insurance | $12,600 |
| All other expenses | $0 |
| Total functional expenses | $457,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $312,070 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,791 |
| 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 | $0 |
| Net Land, buildings, and equipment | $47,360 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $395,536 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $403,950 |
| Total assets | $1,161,707 |
| Accounts payable and accrued expenses | $6,607 |
| Grants payable | $11,428 |
| Deferred revenue | $157,216 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $175,251 |
| Net assets without donor restrictions | $986,456 |
| Net assets with donor restrictions | $0 |
| 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 | $1,161,707 |