Collective Elkader
- Assets
- $1.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Olaf, IA
- Founding
- Data as of
- 02/2024
- EIN
- 86-1929945
Organization Overview
Collective Elkader is located in Saint Olaf, IA. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Collective Elkader 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 02/2024, Collective Elkader generated $9.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $9.2k during the year ending 02/2024. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 2 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
2024
Describe the Organization's Program Activity:
Part 3
SPACE FOR ARTISTS TO SHOWCASE ARTWORK TO GENERAL PUBLIC TO APPRECIATE, LEARN,AND BECOME AWARE OF ARTS AND CULTURE IN RURAL COMMUNITY CULTURAL AND ENTERTAINMENT DISTRICT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teri Marting President | 5 | $0 | |
Jillian Webb Herrmann Vice President | 5 | $0 | |
Rebecca Hennessey Tresurer | 5 | $0 | |
Rebecca Hennessey Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $903 |
| Total Program Service Revenue | $382 |
| Membership dues | $7,165 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,600 |
| 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 | $135 |
| Occupancy, rent, utilities, and maintenance | $4,834 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,268 |
| Total expenses | $9,237 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,715 |
| Other assets | $0 |
| Total assets | $1,715 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,715 |