Prairie Arts Council Inc
- Assets
- $86.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rensselaer, IN
- Founding
- 08/1993
- Data as of
- 12/2023
- EIN
- 35-1884267
Organization Overview
Prairie Arts Council Inc is located in Rensselaer, IN. The organization was established in 1993. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. Prairie 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 12/2023, Prairie Arts Council Inc generated $17.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $26.8k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE COUNCIL, CONSIDERING THE SIZE OF THE ORGANIZATION, HELD A NUMBER OF ART WORKSHOPS, CAMPS, EXHIBITS, AND GALLERY OPENINGS IN ORDER TO BROADEN THE AWARENESS IN THE COMMUNITY AND PROMOTE THE ARTISTIC CULTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Michal President | 1 | $0 | |
Kelley Spurgeon Vice Preside | 1 | $0 | |
Christine Bogan Secretary | 1 | $0 | |
Michelle Leach Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,886 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,986 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$4,184 |
| Other Revenue | $0 |
| Total Revenue | $17,694 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,036 |
| Professional fees and other payments to independent contractors | $2,153 |
| Occupancy, rent, utilities, and maintenance | $4,480 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,116 |
| Total expenses | $26,785 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,220 |
| Other assets | $0 |
| Total assets | $86,004 |
| Total liabilities | $497 |
| Net assets or fund balances | $85,507 |