Princeton Art Guild Inc
- Assets
- $118.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Princeton, KY
- Founding
- 07/1979
- Data as of
- 12/2017
- EIN
- 31-0958777
Organization Overview
Princeton Art Guild Inc is located in Princeton, KY. The organization was established in 1979. 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. Princeton Art Guild 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 12/2017, Princeton Art Guild Inc generated $51.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $57.3k during the year ending 12/2017. 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
2017
Describe the Organization's Program Activity:
Part 3
PENNINGTON FESTIVAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Peek Secretary | 40 | $20,000 | |
Lucy Stevens Vice President | 0 | $0 | |
Anne Farless Vice President | 0 | $0 | |
Christopher Rogers President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,012 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,940 |
| Investment income | $1,046 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,998 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,675 |
| Printing, publications, postage, and shipping | $1,545 |
| Other expenses | $31,047 |
| Total expenses | $57,267 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $118,491 |
| Other assets | $0 |
| Total assets | $118,491 |
| Total liabilities | $2,241 |
| Net assets or fund balances | $116,250 |