Iredell Arts Council Inc
- Assets
- $74.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Statesville, NC
- Founding
- 06/1976
- Data as of
- 06/2022
- EIN
- 23-7450323
Organization Overview
Iredell Arts Council Inc is located in Statesville, NC. The organization was established in 1976. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Iredell Arts Council Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iredell Arts Council 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 06/2022, Iredell Arts Council Inc generated $123.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $122.2k during the year ending 06/2022. While expenses have increased by 7.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 Mission:
Part 3 - Line 1
GRASSROOTS PROGRAM - PRESERVATION AND PROMOTION OF CULTURAL ARTS, ALSO EDUCATION OF THE GENERAL PUBLIC CONCERNING THE ARTS.
Describe the Organization's Program Activity:
Part 3
GRASSROOTS PROGRAM - PRESERVATION AND PROMOTION OF CULTURAL ARTS, ALSO EDUCATION OF THE GENERAL PUBLIC CONCERNING THE ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Koppelmeyer Executive Di | 25 | $24,940 | |
Kirk Lawton Board Chairm | 2 | $0 | |
Arnold Watt Vice Chairma | 2 | $0 | |
Tommy Allison Treasurer | 2 | $0 | |
Chatney Harris Director | 2 | $0 | |
Sue Shoemaker Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,802 |
| Total Program Service Revenue | $29,143 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $123,945 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,851 |
| Professional fees and other payments to independent contractors | $1,116 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $731 |
| Other expenses | $89,519 |
| Total expenses | $122,217 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,022 |
| Other assets | $0 |
| Total assets | $74,022 |
| Total liabilities | $2,928 |
| Net assets or fund balances | $71,094 |