Florence Arts Council
- Assets
- $348.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Florence, CO
- Founding
- 01/2013
- Data as of
- 12/2023
- EIN
- 72-1616686
Organization Overview
Florence Arts Council is located in Florence, CO. The organization was established in 2013. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Florence 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 12/2023, Florence Arts Council generated $56.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $72.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Lemmon-Oliver Treasurer | 8 | $0 | |
Peg Piltingsrud President | 10 | $0 | |
Carol Gordon Vice-President | 8 | $0 | |
Jeanine Cox Secretary | 8 | $0 | |
Barbara Smith Advertising | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,961 |
| Total Program Service Revenue | $20,598 |
| Membership dues | $4,970 |
| Investment income | $372 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,100 |
| Other Revenue | $0 |
| Total Revenue | $55,985 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,293 |
| Occupancy, rent, utilities, and maintenance | $21,954 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $45,418 |
| Total expenses | $72,665 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $86,439 |
| Other assets | $0 |
| Total assets | $348,608 |
| Total liabilities | $750 |
| Net assets or fund balances | $347,858 |