Mineola League Of The Arts is located in Mineola, TX. The organization was established in 1992. 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. Mineola League Of The Arts 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, Mineola League Of The Arts generated $161.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $138.4k during the year ending 12/2023. While expenses have increased by 8.9% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
LINE DANCE CLASSES
ART SHOWS
QUILTING
SCULPTING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Deborah Clarkson President | 10 | $0 | |
Vickie Steed 1st Vice President | 2 | $0 | |
Tim Mitts 2nd Vice President | 2 | $0 | |
Christie Lemaire 3rd Vice President | 2 | $0 | |
Joy Henderson Secretary | 5 | $0 | |
Sandra Griffin Treasury | 5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $75,675 |
Interest on Savings | $1,737 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $84,247 |
Total Revenue | $161,659 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $27,177 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $2,283 |
Depreciation | $21,570 |
Occupancy | $25,868 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $58,609 |
Total operating and administrative expenses | $138,386 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $138,386 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $151,803 |
Savings and temporary cash investments | $0 |
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 | $0 |
Net Land, buildings, and equipment | $309,905 |
Other assets | $0 |
Total assets | $461,708 |
Accounts payable and accrued expenses | $8,339 |
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 | $0 |
Total liabilities | $8,339 |