Marshall County Foundation For Fine Arts Inc
- Assets
- $494.2k
- Revenue
- $11.1k
- Investments
- $401.8k
- Employees
- 0
- Location
- Guntersville, AL
- Founding
- 04/1969
- Data as of
- 12/2022
- EIN
- 23-7016022
Organization Overview
Marshall County Foundation For Fine Arts Inc is located in Guntersville, AL. The organization was established in 1969. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Marshall County Foundation For Fine Arts Inc 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, Marshall County Foundation For Fine Arts Inc generated $11.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $32.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Marshall County Foundation For Fine Arts Inc has awarded 134 individual grants totaling $268,181. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John T Woodall Director | 0 | $0 | |
Kathryn T Woodall Director | 0 | $0 | |
Sherida W Rice Director | 0 | $0 | |
Larry Boggus Director | 0 | $0 | |
Adele Woodall Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18 |
| Dividends & Interest | $7,579 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,525 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,122 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $124 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,885 |
| Total operating and administrative expenses | $3,839 |
| Contributions, gifts, grants paid | $28,400 |
| Total expenses and disbursements | $32,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,633 |
| Savings and temporary cash investments | $61,812 |
| 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 | $494,230 |
| 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 |
Grants Awarded
Over the last fiscal year, Marshall County Foundation For Fine Arts Inc has awarded $28,400 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
GUNTERSVILLE MUSEUM PURPOSE: PURCHASE ART, SUPPORT OPERATIONS | $100 |
THE WHOLE BACKSTAGE PURPOSE: SUPPORT THEATRICAL PRODUCTIONS | $2,000 |
CHURCH OF THE EPIPHANY PURPOSE: WOODALL MEMORIAL | $3,500 |
MARSHALL CO CHRISTMAS COALITION PURPOSE: AID FOR INDIGENT CHILDREN | $2,000 |
LIGHTHOUSE THEATER GROUP PURPOSE: GIVE CHILDREN ACCESS TO THEATER ARTS | $500 |
GUNTERSVILLE VOLLEYBALL PURPOSE: MAINTAINING VOLLEYBALL PROGRAM | $300 |