Sweetwater Municipal Auditorium Board Inc is located in Sweetwater, TX. The organization was established in 1995. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sweetwater Municipal Auditorium Board 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, Sweetwater Municipal Auditorium Board Inc generated $95.0k 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 (6.7%) each year. All expenses for the organization totaled $58.6k during the year ending 12/2021. 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
ORGANIZATION CONDUCTS CULTURAL, EDUCATIONAL, AND SOCIAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZED AND PROMOTED CULTURAL AND SOCIAL EVENTS DURING THE YEAR IN THE HISTORIC SWEETWATER MUNICIPAL AUDITORIUM BUILDING. EVENTS INCLUDED PERFORMANCES SUCH AS LIFT EVERY VOICE, MUSICA LATINA CONCERT, CHRISTMAS SPECIAL, AND SEVERAL ART SHOWS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Larry Ludlum Treasurer | OfficerTrustee | 1 | $0 |
Jimmie Bender Secretary | OfficerTrustee | 0 | $0 |
Richard Smola President | OfficerTrustee | 1 | $0 |
Aida Pantoja Vice President | OfficerTrustee | 0 | $0 |
Linda Hunter Director | Trustee | 0 | $0 |
Jan Smith Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $78,117 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $78,117 |
Total Program Service Revenue | $11,650 |
Investment income | $136 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $150 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $4,960 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $95,013 |
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 | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $19,800 |
Advertising and promotion | $0 |
Office expenses | $587 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,055 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $16,497 |
Insurance | $0 |
All other expenses | $50 |
Total functional expenses | $58,589 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $131,026 |
Savings and temporary cash investments | $19,114 |
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 | $2,557 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $386,857 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $539,554 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $531,452 |
Net assets with donor restrictions | $8,102 |
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 | $539,554 |
Over the last fiscal year, we have identified 1 grants that Sweetwater Municipal Auditorium Board Inc has recieved totaling $30,000.
Awarding Organization | Amount |
---|---|
Dian Graves Owen Foundation Abilene, TX PURPOSE: GENERAL SUPPORT | $30,000 |
Organization Name | Assets | Revenue |
---|---|---|
Discovery Green Conservancy Houston, TX | $45,086,607 | $7,049,531 |
Simmons Center Foundation Duncan, OK | $6,232,861 | $2,635,648 |
Parks & Recreation Commission Of Carencro Inc Carencro, LA | $6,187,119 | $2,047,855 |
Kids Inc Of Amarillo Texas Amarillo, TX | $1,834,315 | $1,845,514 |
Friends Of The Levitt Pavilion -Arlington Arlington, TX | $4,552,206 | $1,169,883 |
Mclennan County Youth Activities Association Waco, TX | $744,453 | $1,103,390 |
Columbus Corporation Of Oklahoma City Inc Oklahoma City, OK | $3,784,991 | $1,050,707 |
Still Water Camps Inc Boerne, TX | $981,498 | $1,135,332 |
Quillian Memorial Center Inc Houston, TX | $127,706 | $810,175 |
Guadalupe-Parkway Neighborhood Center Of Lubbock Inc Lubbock, TX | $3,297,901 | $720,410 |
Asian American Resource Center Austin, TX | $465,586 | $841,367 |
Shady Oaks Recreation Association Inc Baird, TX | $916,217 | $812,590 |