Philip Webb Sacred Arts Inc is located in Lexington, KY. The organization was established in 2008. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philip Webb Sacred 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, Philip Webb Sacred Arts Inc generated $68.0k 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 (4.1%) each year. All expenses for the organization totaled $74.5k during the year ending 12/2022. 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 AND PRESENTATION OF SACRED MUSIC
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Edmundson Director | 1 | $0 | |
David Wismer Director | 1 | $0 | |
Dan Kelley Director | 1 | $0 | |
Philip Webb President | 40 | $0 | |
Barbara Webb Secretary | 20 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $66,657 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $356 |
| Total Revenue | $68,013 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,045 |
| Professional fees and other payments to independent contractors | $1,103 |
| Occupancy, rent, utilities, and maintenance | $7,970 |
| Printing, publications, postage, and shipping | $204 |
| Other expenses | $42,169 |
| Total expenses | $74,491 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,516 |
| Other assets | $0 |
| Total assets | $39,857 |
| Total liabilities | $6,533 |
| Net assets or fund balances | $33,324 |