Rockvale Writers Colony Inc
- Assets
- $122.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- College Grove, TN
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 83-0698423
Organization Overview
Rockvale Writers Colony Inc is located in College Grove, TN. The organization was established in 2019. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Rockvale Writers Colony 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, Rockvale Writers Colony Inc generated $93.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $53.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.6%) per year over the past 4 years. 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
ROCKVALE WRITER'S COLONY (RWC) PROVIDES ASPIRING WRITERS WITH A DISTRACTION-FREE ENVIRONMENT THAT IS NECESSARY FOR CREATING INTENSE, FOCUSED WORKS. WRITERS WHO NEED A QUIET PLACE TO WORK ON AN UPCOMING PROJECT CAN STAY ON THE PREMISES (THE "COLONY") AS A WAY TO IMPROVE AN EXISTING WORK, COMPLETE AN EXISTING PROJECT , OR SIMPLY TO IMPROVE OVERALL WRITING SKILLS. WRITERS GENERALLY STAY AT THE COLONY BETWEEN 1-4 WEEKS, DEPENDING ON THE SIZE OF THE PROJECT AND/OR THE NEEDS OF THE WRITER. IN ADDITION TO OFFERING A PEACEFUL WORK ENVIRONMENT, RWC CONDUCTS WORKSHOPS AND GENRE-SPECIFIC RETREATS THROUGHOUT THE YEAR THAT ALLOW ASPIRING WRITERS TO LEARN WAYS TO IMPROVE THEIR CRAFT. RWC ALSO HAS A MENTORSHIP PROGRAM WHERE THE WRITERS ATTENDING RWC'S EVENTS CAN RECEIVE FOCUSED FEEDBACK ON THE PROJECTS THEY ARE CURRENTLY WORKING ON. AS MORE FUNDS ARE RAISED, RWC INTENDS TO CONTINUE FINDING WAYS TO SUPPORT MORE AND MORE WRITERS IN FURTHERING AND IMPROVING THEIR CRAFT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Coomer Secretary/di | 10 | $0 | |
Kory Wells Board Member | 0.5 | $0 | |
Catherine Moore Board Member | 0.5 | $0 | |
Jennifer Kates Board Member | 0.5 | $0 | |
Sandy Coomer President/di | 50 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,945 |
| Total Program Service Revenue | $79,373 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $93,318 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,413 |
| Professional fees and other payments to independent contractors | $2,780 |
| Occupancy, rent, utilities, and maintenance | $27,023 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,743 |
| Total expenses | $52,959 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,558 |
| Other assets | $0 |
| Total assets | $122,436 |
| Total liabilities | $17,489 |
| Net assets or fund balances | $104,947 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rockvale Writers Colony Inc has recieved totaling $50.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Carolina Museum Of Art Foundation Inc Raleigh, NC | $80,876,506 | $13,828,837 |
Virginia Foundation For Public Media Richmond, VA | $185,376,659 | $5,025,363 |
Commonwealth Fund For Ket Inc Lexington, KY | $35,205,433 | $8,912,254 |
St Louis Art Museum Foundation St Louis, MO | $296,394,608 | $22,752,701 |
Alabama Educational Television Foundation Authority Birmingham, AL | $11,749,441 | $5,899,982 |
Memphis Brooks Museum Of Art Inc Memphis, TN | $44,232,792 | $7,821,496 |
Marbles Kids Museum Raleigh, NC | $8,790,326 | $3,967,863 |
Bellingrath Gardens And Home Foundation Inc Theodore, AL | $4,998,208 | $3,680,917 |
Friends Of Nc State Museum Of Natural Sciences Raleigh, NC | $9,967,287 | $3,956,524 |
Centennial Park Conservancy Nashville, TN | $5,267,235 | $2,768,009 |
World Chess Museum Inc St Louis, MO | $1,624,573 | $2,628,298 |
Jefferson Center Foundation Ltd Roanoke, VA | $24,079,593 | $2,456,793 |