Art Center
- Assets
- $191.0k
- Revenue
- $13.6k
- Investments
- $173.1k
- Employees
- 0
- Location
- Helena, MT
- Founding
- 05/1983
- Data as of
- 12/2021
- EIN
- 81-0403735
Organization Overview
Art Center is located in Helena, MT. The organization was established in 1983. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Art Center 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, Art Center generated $13.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $9.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE ARTS AND ARTS EDUCATION THROUGH WORKSHOPS, EXHIBITIONS, GRANTS AND DONATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vivian Reeves Historian | 1 | $0 | |
Peggy Stringer Vice President | 0 | $0 | |
Jean Mclean Secretary | 0 | $0 | |
Catherine Dulacki Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,583 |
| 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 | $5,020 |
| Total Revenue | $13,615 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $477 |
| Depreciation | $77 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $20 |
| Other expenses | $6,297 |
| Total operating and administrative expenses | $7,246 |
| Contributions, gifts, grants paid | $2,000 |
| Total expenses and disbursements | $9,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,512 |
| 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 | $173,146 |
| Net Land, buildings, and equipment | $308 |
| Other assets | $0 |
| Total assets | $190,966 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Art Center has awarded $2,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ST PETERS EPISCOPAL CHURCH PURPOSE: SUPPLEMENT EDUCATION PROGRAMS | $1,200 |
HOLTER MUSEUM PURPOSE: OPERATIONS | $400 |
Helena, MT PURPOSE: CALDWELL HOUSE CONNECTED TO SPRING MEADOW LAKE | $300 |
LEWIS CLARK LIBRARY FOUNDATION PURPOSE: ART PUBLICATIONS | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Music Camp Inc Minot, ND | $1,150,224 | $1,047,547 |
Jackson Hole Public Art Jackson, WY | $549,168 | $495,329 |
Mountain Time Arts Bozeman, MT | $277,242 | $539,372 |
Cody Country Art League Cody, WY | $165,249 | $287,103 |
Advocacy For Visual Arts Gillette, WY | $1,770,232 | $259,886 |
La Esperanza De Nuestra Comunidad Eagle, ID | $108,468 | $150,000 |
Sleepy Hollow Summer Theatre Bismarck, ND | $1,094,626 | $251,003 |
Sheridan Artists Guild Et Al Sheridan, WY | $772,823 | $221,876 |
Boulder Mountain Clayworks Inc Ketchum, ID | $173,724 | $0 |
Idaho Falls Youth Art Centre Inc Idaho Falls, ID | $64,978 | $0 |
Art Partners Jackson, WY | $328,792 | $0 |
Northern Valley Youth Orchestras Grand Forks, ND | $36,955 | $0 |