Edgewater Arts Council
- Assets
- $5.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edgewater, NJ
- Founding
- 11/2002
- Data as of
- 12/2019
- EIN
- 91-2118980
Organization Overview
Edgewater Arts Council is located in Edgewater, NJ. The organization was established in 2002. According to its NTEE Classification (N52) the organization is classified as: Fairs, 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. Edgewater Arts Council is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2019, Edgewater Arts Council generated $14.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.6%) each year. All expenses for the organization totaled $9.8k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (26.5%) per year over the past 4 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
2019
Describe the Organization's Program Activity:
Part 3
ORGANIZE AND DEVELOP ALL ASPECTS OF LOCAL COMMUNITY ARTS AND MUSIC FESTIVAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Thieme Vice-President | 5 | $0 | |
Gloria Kim Treasurer | 5 | $0 | |
Lynne Grasz Hall President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,800 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,605 |
| Other Revenue | $0 |
| Total Revenue | $14,405 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,819 |
| Total expenses | $9,819 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,184 |
| Other assets | $0 |
| Total assets | $5,184 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,184 |
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