Blue River Arts Council Inc
- Assets
- $421.4k
- Revenue
- $223.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Crete, NE
- Founding
- 02/2019
- Data as of
- 12/2022
- EIN
- 83-2074441
Organization Overview
Blue River Arts Council Inc is located in Crete, NE. The organization was established in 2019. According to its NTEE Classification (A90) the organization is classified as: Arts Services, 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. Blue River Arts Council 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 12/2022, Blue River Arts Council Inc generated $223.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 61.0% each year . All expenses for the organization totaled $182.6k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE BLUE RIVER ARTS COUNCIL IS BRIDGING CULTURES, BUILDING COMMUNITY AND BOOSTING ECONOMY BY RESURRECTING THE ISIS THEATRE IN CRETE, NEBRASKA, AND PROVIDING FUN AND ARTISTIC ADVENTURES FOR ALL OF OUR DIVERSE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ISIS THEATRE RENOVATION WORK STARTED IN EARNEST IN 2022. THE SUM OF $146772 WAS PAID TO CONTRACTORS FOR WORK DEMOLITION AND ARCHITECTURAL PLANNING. THE MAJORITY OF THE FUNDING SPENT IN THE THEATRE IN 2022 HAD BEEN GRANTED OR GIFTED IN 2021.
THE ARTS COUNCIL WAS ABLE TO PROVIDE FREE LIVE MUSIC AND OUTDOOR MOVIES FOR THE COMMUNITY DURING THE 2022 CALENDAR YEAR. THE EVENTS SERIES, COINED CRETE: IN HARMONY, SPECIFICALLY FEATURED MUSIC OR MOVIES THAT WOULD APPEAL TO VARIOUS MEMBERS OF OUR COMMUNITY AND INCLUDED LATINX, BLUEGRASS, BROADWAY, CHILDRENS MOVIES AND POLKA. THESE EVENTS ALOUD US TO FORM STRATEGIC PARTNERS WITH LOCAL BUSINESSES AND EXPLORE SITED THAT WORK FOR ENTERTAINMENT. THE LARGEST EVENT OF THE YEAR BROUGHT MORE THAN 700 PEOPLE TO DOWNTOWN CRETE FORA JOINT CELEBRATION CRETE HIGH SCHOOLS HOMECOMING AND DOANE UNIVERSITYS 150TH ANNIVERSARY.
AS THE ARTS COUNCIL STARTED TO PREPARE FOR THE REOPENING OF THE ISIS THEATRE IT PURCHASED EQUIPMENT SPECIFICALLY FOR THE PROJECT WHEN SALES OR GRANT FUNDING MADE THESE OPTIONS AVAILABLE. ITEMS INCLUDED A LAPTOP, SQUARE REGISTER SYSTEM, AND SPECIALTY LIGHT FIXTURES AND FLOORING ITEMS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhonda Lake Board Member | Trustee | 0 | $0 |
Kate Hesser Board Member | Trustee | 0 | $0 |
Nancy Tellez Board Member | Trustee | 0 | $0 |
Kristi Capek Board Member | Trustee | 0 | $0 |
Shaylene Smith President | OfficerTrustee | 0 | $0 |
Jennifer Robison VP | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $40,400 |
| Membership dues | $0 |
| Fundraising events | $5,792 |
| Related organizations | $0 |
| Government grants | $166,550 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $222,742 |
| Total Program Service Revenue | $0 |
| Investment income | $127 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $820 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $223,839 |
| 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 | $1,157 |
| Advertising and promotion | $5,439 |
| Office expenses | $3,330 |
| Information technology | $175 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,500 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $580 |
| All other expenses | $2,150 |
| Total functional expenses | $182,626 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $400,800 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $20,568 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $421,368 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $421,368 |
| Total liabilities and net assets/fund balances | $421,368 |