Fountain City Art Center Inc
- Assets
- $5.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 02/2005
- Data as of
- 06/2022
- EIN
- 33-1094414
Organization Overview
Fountain City Art Center Inc is located in Knoxville, TN. The organization was established in 2005. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Fountain City Art Center 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, Fountain City Art Center Inc generated $61.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $68.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE LOW-COST ART CLASSES TO THE PUBLIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Fielden Executive Di | 0 | $22,000 | |
Kenneth W Clayton President | 0 | $0 | |
Tracy Gray Secretary | 0 | $0 | |
Jacquie Brecheen Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,733 |
| Total Program Service Revenue | $38,550 |
| Membership dues | $5,050 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $964 |
| Other Revenue | $14,582 |
| Total Revenue | $61,879 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,890 |
| Professional fees and other payments to independent contractors | $28,670 |
| Occupancy, rent, utilities, and maintenance | $12,605 |
| Printing, publications, postage, and shipping | $1,501 |
| Other expenses | $2,686 |
| Total expenses | $68,352 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,825 |
| Other assets | $0 |
| Total assets | $5,825 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,825 |