Wallace-Rose Hill Friends Of The Arts
- Assets
- $23.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wallace, NC
- Founding
- 03/2006
- Data as of
- 06/2022
- EIN
- 20-2415829
Organization Overview
Wallace-Rose Hill Friends Of The Arts is located in Wallace, NC. The organization was established in 2006. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., 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. Wallace-Rose Hill Friends Of The Arts 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 06/2022, Wallace-Rose Hill Friends Of The Arts generated $23.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $18.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
PROMOTION OF CULTURAL GROWTH AND AWARENESS OF THE ARTSIN OUR COMMUNITY BY ORGANIZING ANNUAL CONCERT FOR BENEFIT OF STUDENTS AND COMMUNITY IN GENERAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas M Castellino President | 2 | $0 | |
Janice O Zoesch Vice Pres | 2 | $0 | |
Lynda B Goodman Secretary | 2 | $0 | |
Robert E Bertucelli Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,072 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,078 |
| 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 | $18,507 |
| Total expenses | $18,507 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,804 |
| Other assets | $0 |
| Total assets | $23,804 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,804 |