Kings Canvas Gallery & Studio
- Assets
- $47.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 82-3708477
Organization Overview
Kings Canvas Gallery & Studio is located in Montgomery, AL. The organization was established in 2018. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. Kings Canvas Gallery & Studio 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, Kings Canvas Gallery & Studio generated $186.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 48.9% each year . All expenses for the organization totaled $204.7k during the year ending 12/2021. While expenses have increased by 56.2% per year over the past 3 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
2021
Describe the Organization's Program Activity:
Part 3
DURING 2020, THE KING'S CANVAS DIRECTLY CONTRIBUTED TO THE MONTGOMERY PUBLIC ART SCENE AND INSTALLED 3 MURALS. THE KING'S CANVASA ALSO COMPLETED 3 SMALL BUSINESS CLASSES, HOSTED 3 COMMUNITY EVENTS AND CONTINUED TO PROVIDE SUPPORT FOR LOCAL ARTISTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin King Executive Director | 40 | $67,132 | |
Kevin Blake Secretary | 5 | $0 | |
Jon Chancey Treasurer | 5 | $0 | |
Katrina Martin Board Member | 5 | $0 | |
Kimberly Robinson Board Member | 5 | $0 | |
Tripp Demoss Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $186,064 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $186,064 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $92,196 |
| Professional fees and other payments to independent contractors | $9,862 |
| Occupancy, rent, utilities, and maintenance | $9,042 |
| Printing, publications, postage, and shipping | $2,007 |
| Other expenses | $91,559 |
| Total expenses | $204,666 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,433 |
| Other assets | $0 |
| Total assets | $47,683 |
| Total liabilities | $2,068 |
| Net assets or fund balances | $45,615 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kings Canvas Gallery & Studio has recieved totaling $15,600.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $8,100 |
Alabama Power Foundation Inc Birmingham, AL PURPOSE: GENERAL/OPERATING | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Arts Inc Atlanta, GA | $7,711,292 | $5,611,811 |
Central Florida Community Arts Inc Orlando, FL | $1,775,519 | $1,587,078 |
Acorn Center For Restoration And Freedom Inc Covington, GA | $134,681 | $1,087,049 |
South Fulton Institute Inc Atlanta, GA | $1,909,108 | $891,815 |
Jeniam Ii Foundation Memphis, TN | $1,092,809 | $484,239 |
Creativets Nashville, TN | $484,880 | $860,430 |
East Mississippi Center For Educational Development Inc Meridian, MS | $1,141,001 | $879,084 |
International Entertainment Buyers Association Nashvile, TN | $1,235,911 | $821,103 |
St Petersburg Warehouse Arts District Inc Saint Petersburg, FL | $4,246,537 | $1,210,830 |
El Espacio 23 Inc Miami, FL | $6,319,448 | $659,257 |
Gadsden Arts Inc Quincy, FL | $3,309,221 | $583,615 |
Repurpose Project Gainesville, FL | $1,065,562 | $834,868 |