Lakewood Arts Council Inc
- Assets
- $104.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lakewood, CO
- Founding
- 01/1988
- Data as of
- 12/2021
- EIN
- 74-2505392
Organization Overview
Lakewood Arts Council Inc is located in Lakewood, CO. The organization was established in 1988. 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. Lakewood Arts Council 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 12/2021, Lakewood Arts Council Inc generated $49.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $42.7k during the year ending 12/2021. While expenses have increased by 8.4% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE LAKEWOOD ARTS COUNCIL OPERATES A CO-OP GALLERY EXHIBITING THE WORK OF 39 ARTISTS. IN ADDITION, WE SPONSOR ART SHOWS AT OUR ACORN GALLERY EVERY MONTH. WE PROVIDE NUMEROUS EDUCATIONAL PROGRAMS, VISUAL ARTS CRITIQUES, WORKSHOPS AND CLASSES AT OUR FACILITY - PRIMARILY FOR ADULTS AND SENIORS. WE ALSO SPONSOR AND ORGANIZE MONTHLY SOCIAL EVENTS FOR THE COMMUNITY THE FIRST FRIDAY OF EVERY MONTH. WE PARTNER WITH THE CITY OF LAKEWOOD ART PROGRAMS (ANNUAL ALL-COLORADO ART EXHIBIT AT THE CULTURAL CENTER; STUDENT'S ART EXHIBIT AT OUR FACILITY) AND PROMOTE CITY PERFORMANCE EVENTS IN OUR PUBLICATIONS AND FLYERS (LOCATED AT OUR FACILITY). IN ADDITION, WE PARTICIPATE IN LAKEWOOD'S ANNUAL INSPIRE WEEK, PROVIDING FREE CLASSES AND ART WORKSHOPS. ALSO, WE PARTICIPATE WITH 40 WEST ARTS DISTRICT IN THEIR ANNUAL COLFAX ART SHOW. WE CONDUCT OPEN STUDIO SESSIONS EVERY FRIDAY AND HOLD AN ANNUAL GARDEN TOURS OF LOCAL GARDENS IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rolina Carter Director | 5 | $3,075 | |
Judith Bergquist Secretary | 3 | $0 | |
Dorothy Lessem President | 13 | $0 | |
Tony Quaranta Vice Preside | 2 | $0 | |
Kristi Czajkowski Treasurer | 15 | $0 | |
Leslie Bitgood Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,942 |
| Total Program Service Revenue | $14,384 |
| Membership dues | $10,513 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,035 |
| 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 | $11,196 |
| Occupancy, rent, utilities, and maintenance | $22,322 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,185 |
| Total expenses | $42,703 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,985 |
| Other assets | $0 |
| Total assets | $104,341 |
| Total liabilities | $689 |
| Net assets or fund balances | $103,652 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lakewood Arts Council Inc has recieved totaling $84.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $84 |
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 |