Mineola League Of The Arts
- Assets
- $461.7k
- Revenue
- $161.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Mineola, TX
- Founding
- 04/1992
- Data as of
- 12/2023
- EIN
- 75-2298930
Organization Overview
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
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Board, Officers & Key Employees
| 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 |
Financial Statements
| 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 |