Oak Lake Art Center
- Assets
- $299.3k
- Revenue
- $11.6k
- Investments
- $281.5k
- Employees
- 0
- Location
- Valley Center, CA
- Founding
- 09/1981
- Data as of
- 12/2021
- EIN
- 95-3587026
Organization Overview
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 12/2021, Oak Lake Art Center generated $11.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $11.6k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
2 ART CLASSES FOR UNDERSERVED STUDENTS IN BORREGO SPRINGS INSTRUCTION BY ED WHITE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed White Exec Dir | 4 | $700 | |
Joan White Secretary | 2 | $0 | |
Danny Yabarra Director | 1 | $0 | |
Richard Bugbee Director | 1 | $0 | |
Buddy Siefert Director | 1 | $0 | |
Jan Stone President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,355 |
| Interest on Savings | $4 |
| Dividends & Interest | $9,214 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $4,264 |
| Net ST Capital Gain | $2,836 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,573 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,474 |
| Total operating and administrative expenses | $11,507 |
| Contributions, gifts, grants paid | $100 |
| Total expenses and disbursements | $11,607 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,214 |
| Savings and temporary cash investments | $11,549 |
| 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 | $299,288 |
| 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 | -$71 |
| Total liabilities | -$71 |
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