Lea County Commission For The Arts Inc is located in Hobbs, NM. The organization was established in 2002. 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. Lea County Commission For The Arts 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 undefined, Lea County Commission For The Arts Inc generated $25.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (27.4%) each year. All expenses for the organization totaled $28.1k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (26.5%) per year over the past 7 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
Describe the Organization's Program Activity:
Part 3
0
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Erica Armstrong President | 1 | $0 | |
Vera Matthews Vice President | 1 | $0 | |
Gabrielle Payne Secretary | 1 | $0 | |
Paul Newey Board Member | 1 | $0 | |
Paulie Gladden Board Member | 1 | $0 | |
Kerri Gray Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,583 |
Total Program Service Revenue | $18,047 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $2,351 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $24,981 |
Statement of Expenses | |
---|---|
Total expenses | $28,062 |
Balance Sheet | |
---|---|
Total assets | $473,318 |
Total liabilities | $2,211 |
Net assets or fund balances | $471,107 |