3rd Ave Arts
- Assets
- $50.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Durango, CO
- Founding
- 05/1993
- Data as of
- 06/2022
- EIN
- 84-1200685
Organization Overview
3rd Ave Arts is located in Durango, CO. The organization was established in 1993. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 3rd Ave Arts 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 06/2022, 3rd Ave Arts generated $110.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $91.5k during the year ending 06/2022. While expenses have increased by 5.1% per year over the past 7 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.
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,188 |
| Total Program Service Revenue | $47,204 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8,862 |
| Total Revenue | $110,268 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,925 |
| Professional fees and other payments to independent contractors | $34,144 |
| Occupancy, rent, utilities, and maintenance | $2,244 |
| Printing, publications, postage, and shipping | $188 |
| Other expenses | $17,019 |
| Total expenses | $91,520 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,807 |
| Other assets | $0 |
| Total assets | $50,234 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,234 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that 3rd Ave Arts has recieved totaling $14,528.
| Awarding Organization | Amount |
|---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $8,328 |
Community Foundation Serving Southwest Colorado Durango, CO | | $6,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tabithas Way Spanish Fork, UT | $2,745,428 | $6,667,027 |
Sunshine Acres Boutique & Donation Center Inc Mesa, AZ | $1,532,398 | $4,929,389 |
Vail Valley Cares Inc Edwards, CO | $3,973,147 | $3,753,850 |
Big Brothers Big Sisters Of Central New Mexico Donation Center Inc Albuquerque, NM | $1,509,034 | $2,745,299 |
St Vincent De Paul Society Archdiocese Of Santa Fe Albuquerque, NM | $3,073,057 | $2,711,776 |
Golden Goose Thrift Shop Tucson, AZ | $3,626,680 | $2,329,296 |
Desert Thrift Shop Inc Mesa, AZ | $1,710,826 | $1,738,589 |
Adelante Thrift Inc Kansas City, KS | $255,188 | $1,547,974 |
Park Avenue Thrift Inc Enid, OK | $1,268,783 | $1,759,306 |
West Valley Lutheran Thrift Shop Inc Phoenix, AZ | $726,380 | $920,987 |
Et Cetera Shop Inc Weatherford, OK | $754,713 | $935,275 |
Cornerstone Mission Project Kingman, AZ | $767,107 | $1,015,315 |