Boone County Arts Council Inc is located in Belvidere, IL. The organization was established in 1988. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Boone County 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 06/2023, Boone County Arts Council Inc generated $53.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.4% each year . All expenses for the organization totaled $39.0k during the year ending 06/2023. While expenses have increased by 8.0% per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Shifo Treasurer | 0 | $0 | |
Heidi Thacker President | 0 | $0 | |
Bonnie Bartell Director | 0 | $0 | |
Debbie Carlson Director | 0 | $0 | |
Gary Thacker Director | 0 | $0 | |
Joanna Dowling Director | 0 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
| 6/29/22 | $3,250 | |
| 6/29/22 | $3,250 | |
Robert Valadez | 6/29/22 | $6,000 |
| 6/29/22 | $1,100 | |
| 6/29/22 | $750 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,262 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,740 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,002 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,112 |
| Other expenses | $37,848 |
| Total expenses | $38,960 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $102,466 |
| Other assets | $0 |
| Total assets | $102,466 |
| Total liabilities | $0 |
| Net assets or fund balances | $102,466 |