Artist Studio Association
- Assets
- $341.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lincoln City, OR
- Founding
- 03/1951
- Data as of
- 12/2021
- EIN
- 93-0494634
Organization Overview
Artist Studio Association is located in Lincoln City, OR. The organization was established in 1951. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Artist Studio Association 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 12/2021, Artist Studio Association generated $39.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $32.0k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
BRING ART TO THE COMMUNITY THROUGH WORKSHOPS, CLASSES, & EXHIBITS. PROVIDE STUDIO SPACE FOR LOCAL ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Rutherford President | 1 | $0 | |
Joann Ballantyne Vice Preside | 1 | $0 | |
Kathy Cope Treasurer | 2 | $0 | |
Cynthia Adams Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,067 |
| Total Program Service Revenue | $29,614 |
| Membership dues | $0 |
| Investment income | $142 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,823 |
| 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 | $7,530 |
| Occupancy, rent, utilities, and maintenance | $16,906 |
| Printing, publications, postage, and shipping | $609 |
| Other expenses | $6,994 |
| Total expenses | $32,039 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,833 |
| Other assets | $0 |
| Total assets | $341,212 |
| Total liabilities | $1,238 |
| Net assets or fund balances | $339,974 |
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