Northeast Louisiana Arts Council
- Assets
- $215.0k
- Revenue
- $248.0k
- Investments
- $0.0
- Employees
- 2
- Location
- West Monroe, LA
- Founding
- 08/1981
- Data as of
- 06/2024
- EIN
- 72-0914324
Organization Overview
Northeast Louisiana Arts Council is located in West Monroe, LA. The organization was established in 1981. 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, Northeast Louisiana Arts Council employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Louisiana 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 06/2024, Northeast Louisiana Arts Council generated $248.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $245.9k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 9 years. 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
TO PROVIDE CULTURAL ENHANCEMENT IN NORTHEAST LOUISIANA THROUGH CONCERTS, ART AND SIMILAR PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDRAISING AND DISTRIBUTION OF REGRANT MONIES RECEIVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Stevens President/ceo | 40 | $68,900 | |
Sara Beth Howard Director | Trustee | 0 | $0 |
Dr Leonard Clark Director | Trustee | 0 | $0 |
Rebekah Lawrence Director | Trustee | 0 | $0 |
Daphanie Dailey Director | Trustee | 0 | $0 |
Sarah Hoffman Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $188,026 |
| Membership dues | $13,201 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $340 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $201,567 |
| Total Program Service Revenue | $0 |
| Investment income | $3,112 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,982 |
| Net Income from Gaming Activities | $13,350 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $248,011 |
| 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. | $68,900 |
| Compensation of current officers, directors, key employees. | $17,225 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,455 |
| Payroll taxes | $7,336 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,923 |
| Advertising and promotion | $3,424 |
| Office expenses | $4,898 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,240 |
| Travel | $4,421 |
| 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 | $0 |
| Insurance | $3,402 |
| All other expenses | $9,223 |
| Total functional expenses | $245,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,087 |
| Savings and temporary cash investments | $58,041 |
| Pledges and grants receivable | $6,875 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $215,003 |
| Accounts payable and accrued expenses | $622 |
| Grants payable | $0 |
| Deferred revenue | $12,242 |
| 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 | $12,864 |
| Net assets without donor restrictions | $202,139 |
| 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 | $215,003 |