Oak Lake Art Center is located in Valley Center, CA. The organization was established in 1981. According to its NTEE Classification (A50) the organization is classified as: Museums, 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. Oak Lake Art Center 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, Oak Lake Art Center generated $9.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $14.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
4 ART CLASSES FOR UNDERSERVED STUDENTS IN BORREGO SPRINGS FOR BASIC LEARNING ACADEMY INSTRUCTION BY ED WHITE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jan Stone President | 1 | $0 | |
Joan White Secretary | 2 | $0 | |
Ed White Exec Dir | 4 | $0 | |
Danny Yabarra Director | 1 | $0 | |
Richard Bugbee Director | 1 | $0 | |
Buddy Siefert Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $600 |
Interest on Savings | $24 |
Dividends & Interest | $9,089 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $9,713 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $679 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $907 |
Printing and publications | $0 |
Other expenses | $6,707 |
Total operating and administrative expenses | $10,768 |
Contributions, gifts, grants paid | $3,400 |
Total expenses and disbursements | $14,168 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $12,238 |
Savings and temporary cash investments | $7,380 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $274,796 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Oak Lake Art Center has awarded $3,400 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
LIMITLESS HORIZONS PURPOSE: UNRESTRICTED | $1,000 |
68 FREEDOM PROJECT PURPOSE: UNRESTRICTED | $300 |
AMERICAN LEGION POST 853 PURPOSE: UNRESTRICTED | $100 |
VALLEY CENTER ART GUILD PURPOSE: UNRESTRICTED | $2,000 |