Albany Live Inc is located in Albany, TX. 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. Albany Live 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 12/2022, Albany Live Inc generated $132.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 50.1% each year . All expenses for the organization totaled $140.0k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
HOST PERFORMANCES: IN 2022, 650 PEOPLE ATTENDED AND EXPERIENCED LIVE MUSIC IN THE HISTORIC AZTEC THEATER IN ALBANY, TEXAS. THE 650 ATTENDEES CREATED APPROXIMATELY $15,000 DOLLARS IN REVENUE FOR LOCAL RESTAURANTS AND RETAIL MERCHANTS ON THE EVENING OF THE SHOW. 200 VOLUNTEER HOURS WERE CREATED IN THE PRODUCTION OF THE SHOW. THE USE OF THE VENUE EDUCATES THE PUBLIC ON THE VALUE OF COMMUNITY SPACES AND CREATES ADDITIONAL COMMUNITY SUPPORT FOR THE AZTEC THEATER. THE EVENT CREATED APPROXIMATELY 30 VOLUNTEER HOURS FOR SUPPORT OF THE AZTEC THEATER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michaela Smith President | 4 | $0 | |
Brendan Fikes Vice President/treasurer | 2 | $0 | |
Michelle Jones Secretary/public Relations | 1 | $0 | |
Watt Casey Board Member | 1 | $0 | |
George Harvick Jr Board Member | 1 | $0 | |
Megaen Birdwell Board Member | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $78,250 |
Total Program Service Revenue | $54,551 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $132,801 |
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 | $2,060 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $137,909 |
Total expenses | $139,969 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $25,602 |
Other assets | $0 |
Total assets | $25,602 |
Total liabilities | $0 |
Net assets or fund balances | $25,602 |