Livermore Art Association is located in Livermore, CA. The organization was established in 1972. 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. Livermore Art 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 12/2023, Livermore Art Association generated $21.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $19.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE APPRECIATION OF THE VISUAL ARTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clark Streeter Vice President | 0 | $0 | |
Joyce Moulden Secretary | 2 | $0 | |
Christine Watters President | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $7,200 |
| Membership dues | $5,139 |
| Investment income | $2,462 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,015 |
| Other Revenue | $0 |
| Total Revenue | $21,816 |
| 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 | $1,005 |
| Occupancy, rent, utilities, and maintenance | $7,731 |
| Printing, publications, postage, and shipping | $148 |
| Other expenses | $10,392 |
| Total expenses | $19,276 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $127,067 |
| Other assets | $0 |
| Total assets | $127,803 |
| Total liabilities | $968 |
| Net assets or fund balances | $126,835 |