Corrales Cultural Arts Council
- Assets
- $162.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corrales, NM
- Founding
- 10/1994
- Data as of
- 06/2023
- EIN
- 85-0401145
Organization Overview
Corrales Cultural Arts Council is located in Corrales, NM. The organization was established in 1994. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Corrales Cultural Arts Council 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 06/2023, Corrales Cultural Arts Council generated $88.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $88.0k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lance Ozier President | 25 | $0 | |
John Mckean Treasurer | 5 | $0 | |
John Schumann Vice Preside | 15 | $0 | |
Don Bonney Secretary | 2 | $0 | |
Michael Foris Director | 10 | $0 | |
John Samford Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,714 |
| Total Program Service Revenue | $36,690 |
| Membership dues | $0 |
| Investment income | $847 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $22 |
| Total Revenue | $88,273 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $55,944 |
| Occupancy, rent, utilities, and maintenance | $2,807 |
| Printing, publications, postage, and shipping | $4,212 |
| Other expenses | $24,041 |
| Total expenses | $88,004 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,043 |
| Other assets | $0 |
| Total assets | $161,976 |
| Total liabilities | $50,285 |
| Net assets or fund balances | $111,691 |