Beeville Art Association Inc
- Assets
- $570.5k
- Revenue
- $94.4k
- Investments
- $349.7k
- Employees
- 0
- Location
- Beeville, TX
- Founding
- 07/2001
- Data as of
- 12/2022
- EIN
- 74-2220379
Organization Overview
Beeville Art Association Inc is located in Beeville, TX. The organization was established in 2001. According to its NTEE Classification (A50) the organization is classified as: Museums, 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. Beeville Art Association Inc 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, Beeville Art Association Inc generated $94.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $180.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART EXHIBITS AND EDUCATION FOR THE GENERAL PUBLIC AND RESTORATION AND MAINTENANCE OF MUSEUM ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy Forbes Treasurer | 0 | $0 | |
Debbie Parsons Director | 0 | $0 | |
Becky Sherman Vice President | 0 | $0 | |
Erie Head President | 0 | $0 | |
Vikki Scholermmer Vice President | 0 | $0 | |
Sarah Jaure Past President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,253 |
| Interest on Savings | $62 |
| Dividends & Interest | $13,803 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,089 |
| Capital Gain Net Income | $13,089 |
| Net ST Capital Gain | $13,089 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $63,181 |
| Total Revenue | $94,388 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $789 |
| Depreciation | $0 |
| Occupancy | $169,892 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,567 |
| Total operating and administrative expenses | $180,223 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $180,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,759 |
| Savings and temporary cash investments | $10,008 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $349,735 |
| Net Land, buildings, and equipment | $203,963 |
| Other assets | $0 |
| Total assets | $570,465 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2 |
| Total liabilities | $2 |