Center For The Arts Lake Sunapee Region
- Assets
- $258.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New London, NH
- Founding
- 09/2004
- Data as of
- 12/2023
- EIN
- 86-1053299
Organization Overview
Center For The Arts Lake Sunapee Region is located in New London, NH. The organization was established in 2004. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For The Arts Lake Sunapee Region 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, Center For The Arts Lake Sunapee Region generated $141.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $127.9k during the year ending 12/2023. While expenses have increased by 13.9% per year over the past 5 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
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Connolly Chair | 20 | $0 | |
Sandy Wells Secretary | 1.8 | $0 | |
Deborah Lang Treasurer | 7.1 | $0 | |
Bethany Balford Director | 1.8 | $0 | |
Wally Borgen Director | 2.8 | $0 | |
Barbara Hunting Director | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,629 |
| Total Program Service Revenue | $14,263 |
| Membership dues | $49,517 |
| Investment income | $117 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,010 |
| Other Revenue | $0 |
| Total Revenue | $141,536 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,194 |
| Professional fees and other payments to independent contractors | $9,586 |
| Occupancy, rent, utilities, and maintenance | $8,348 |
| Printing, publications, postage, and shipping | $14,358 |
| Other expenses | $29,696 |
| Total expenses | $127,932 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $258,927 |
| Other assets | $0 |
| Total assets | $258,927 |
| Total liabilities | $0 |
| Net assets or fund balances | $258,927 |