Black Hills Studios Of The Arts is located in Rapid City, SD. The organization was established in 2020. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Black Hills Studios Of The 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 12/2023, Black Hills Studios Of The Arts generated $124.6k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $135.8k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION OFFERS TRADTIONAL AND CONTEMPORARY TEACHING METHODS IN THEIR QUEST TO PROVIDE STUDENTS OF ALL AGES THE FINEST MUSIC AND ART EDUCATION AT THE LOWEST PRICE TO ALLOW ACCESSIBILITY TO MUSIC AND ART EDUCATION FOR ANYONE WHO WISHES TO LEARN. THE ORGANIZATION PROVIDES THESE LESSONS TO OVER A HUNDRED STUDENTS ANNUALLY WHO WOULD NOT HAVE RECEIVED LESSONS OTHERWISE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mallory Dekker Executive Di | 40 | $0 | |
Karen Kierstead President | 1 | $0 | |
Tanya Harrod Vice Preside | 1 | $0 | |
Libby Oney Treasurer | 1 | $0 | |
Jennifer Nelson Secretary | 1 | $0 | |
Christopher Bochmann Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $11,087 |
Total Program Service Revenue | $111,590 |
Membership dues | $0 |
Investment income | $1,964 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $124,641 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $87,426 |
Professional fees and other payments to independent contractors | $4,344 |
Occupancy, rent, utilities, and maintenance | $25,258 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $18,785 |
Total expenses | $135,813 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $23,292 |
Other assets | $0 |
Total assets | $24,811 |
Total liabilities | $98,230 |
Net assets or fund balances | -$73,419 |