Glenwood Springs Art Council
- Assets
- $16.2k
- Revenue
- $14.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Glenwood Springs, CO
- Founding
- 08/1985
- Data as of
- 12/2021
- EIN
- 74-2275547
Organization Overview
Glenwood Springs Art Council is located in Glenwood Springs, CO. The organization was established in 1985. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glenwood Springs Art 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 12/2021, Glenwood Springs Art Council generated $14.3k 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 (36.6%) each year. All expenses for the organization totaled $10.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (42.3%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CREATING VISIBILITY, SUPPORT AND OPPORTUNITY FOR THE ARTS IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED CLASSES AND OTHER ARTS AND PERFORMANCE PROGRAMS TO INDIVIDUALS IN THE LOCAL COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Shuler Secretary | OfficerTrustee | 1 | $0 |
Judy Davis Treasurer | OfficerTrustee | 1 | $0 |
Avery Smith Vice President | OfficerTrustee | 1 | $0 |
Laurie Chase President | OfficerTrustee | 1 | $0 |
Kyle Jones Member | Trustee | 1 | $0 |
Hattie Rensberry Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,339 |
| Fundraising events | $5,519 |
| Related organizations | $0 |
| Government grants | $2,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,397 |
| Noncash contributions included in lines 1a–1f | $750 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,255 |
| Total Program Service Revenue | $4,426 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$4,414 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,270 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,622 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $411 |
| Office expenses | $134 |
| Information technology | $131 |
| Royalties | $0 |
| Occupancy | $1,115 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $100 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $425 |
| Insurance | $1,705 |
| All other expenses | $66 |
| Total functional expenses | $10,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,024 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $2,206 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,230 |
| Accounts payable and accrued expenses | $201 |
| Grants payable | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $201 |
| Net assets without donor restrictions | $16,029 |
| 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 | $16,230 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scottsdale Cultural Council Scottsdale, AZ | $11,025,722 | $9,457,681 |
Western States Arts Federation Denver, CO | $9,116,686 | $6,773,845 |
Arts Council Of Oklahoma City Oklahoma City, OK | $5,417,646 | $3,471,903 |
Arts Foundation For Tucson And Southern Arizona Tucson, AZ | $962,823 | $2,764,591 |
Arts And Humanities Council Of Tulsa Inc Tulsa, OK | $13,547,923 | $1,595,922 |
Nebraska Humanities Council Lincoln, NE | $300,556 | $1,742,597 |
Loveland High Plains Arts Council Inc Loveland, CO | $824,395 | $2,062,390 |
Salt Lake Arts Council Foundation Salt Lake City, UT | $1,578,268 | $2,133,751 |
Union For Contemporary Art Inc Omaha, NE | $4,100,351 | $2,843,847 |
Carbondale Arts Carbondale, CO | $1,686,632 | $896,184 |
New Mexico Endowment For The Humanities Albuquerque, NM | $1,043,717 | $907,331 |
Flagstaff Arts Council Flagstaff, AZ | $449,865 | $873,786 |