Galveston Art League Inc
- Assets
- $468.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Galveston, TX
- Founding
- 08/1968
- Data as of
- 05/2024
- EIN
- 74-6105147
Organization Overview
Galveston Art League Inc is located in Galveston, TX. The organization was established in 1968. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, 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. Galveston Art League 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 05/2024, Galveston Art League Inc generated $135.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $131.1k during the year ending 05/2024. While expenses have increased by 8.2% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
ESTABLISHED IN 1914, THE ART LEAGUE HAS BEEN RUN BY VOLUNTEERS FOR 109 YEARS. COMMUNITY PARTICIPATION THE ART LEAGUE WORKS IN PARTNERSHIP WITH OTHER LOCAL NON-PROFITS TO ENRICH THE CULTURAL AND NATURAL ENVIRONMENT.DIVERSITYPARTICIPATE IN CITYWIDE ANNUAL JUNETEENTH CELEBRATION; HELD RETROSPECTIVE EXHIBIT OF LOCAL ARTIST AND EDUCATOR, DR. ERMA M. PHILLIPS, "THROUGH MY EYES." KIDS SUMMER ART CLASSES EVERY YEAR, THE ART LEAGUE OFFERS A TWO-WEEK-LONG LOW-COST WORKSHOP FOR CHILDREN 8-12. WORKSHOPS WORKSHOP CLASSES AND DEMONSTRATIONS ARE HELD PERIODICALLY AND ARE OPEN TO THE GENERAL PUBLIC. K-12 JURIED SHOW HELD IN CONJUNCTION WITH THE GRAND KIDS FESTIVAL IN APRIL, THE SHOW ALLOWS LOCAL STUDENTS (K-12) TO COMPETE FOR PRIZES AND SHOW OFF THEIR ARTISTIC ABILITIES. MEMBER & JURIED SHOWS TWELVE TIMES A YEAR, THE GALLERY CHANGES SHOWS: NINE MEMBERSHIP SHOWS AND THREE JURIED SHOWS THAT ANYONE AGE 16+ CAN ENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Carlson Treasurer | 0 | $0 | |
Margo Donaldson Snider President | 0 | $0 | |
Pat Jakobi Vice President | 0 | $0 | |
Nancy House Director | 0 | $0 | |
Cathy Pelle Secretary | 0 | $0 | |
Fontaine Jacobs Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,586 |
| Total Program Service Revenue | $93,516 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,017 |
| Other Revenue | $0 |
| Total Revenue | $135,119 |
| 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 | $3,053 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,443 |
| Other expenses | $126,629 |
| Total expenses | $131,125 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,635 |
| Other assets | $0 |
| Total assets | $468,704 |
| Total liabilities | $275,012 |
| Net assets or fund balances | $193,692 |