Salem Community Arts Center
- Assets
- $80.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, MA
- Founding
- 11/2011
- Data as of
- 12/2022
- EIN
- 27-0291325
Organization Overview
Salem Community Arts Center is located in Salem, MA. The organization was established in 2011. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Salem Community Arts Center 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, Salem Community Arts Center generated $65.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $66.0k during the year ending 12/2022. While expenses have increased by 9.6% per year over the past 8 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 Program Activity:
Part 3
RAISING FUNDS AND RUNNING SALEM FILM FESTIVAL AT SEVERAL NORTH SHORE VENUES-BRINGING TO LOCAL AUDIENCES INTERNATIONAL DOCUMETARY FILMS, FILMMAKERS AND RELATED EDUCAITONAL OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Cultrera President | 0.5 | $0 | |
Mary Beth Bainbridge Clerk | 0.5 | $0 | |
Matthew Caruso Treasurer | 0.5 | $0 | |
Jane Stauffer Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,086 |
| Total Program Service Revenue | $24,784 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,870 |
| 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 | $995 |
| Occupancy, rent, utilities, and maintenance | $3,955 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61,064 |
| Total expenses | $66,014 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,580 |
| Other assets | $0 |
| Total assets | $80,580 |
| Total liabilities | $60 |
| Net assets or fund balances | $80,520 |