Village Fine Arts Association
- Assets
- $40.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milford, MI
- Founding
- 07/1994
- Data as of
- 12/2022
- EIN
- 38-3037710
Organization Overview
Village Fine Arts Association is located in Milford, MI. The organization was established in 1994. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Village Fine Arts Association 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, Village Fine Arts Association generated $182.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $202.4k during the year ending 12/2022. While expenses have increased by 14.2% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Onderko President | 2 | $0 | |
Andrea Perry Vice President | 2 | $0 | |
Isaac Perry Secretary | 2 | $0 | |
Susan Gollon Treasurer | 7 | $1,504 | |
Kathleen Fish Director | 2 | $0 | |
Stephanine Spackman Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,438 |
| Total Program Service Revenue | $107,161 |
| Membership dues | $4,455 |
| Investment income | $143 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,138 |
| Other Revenue | $0 |
| Total Revenue | $182,335 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,204 |
| Professional fees and other payments to independent contractors | $12,384 |
| Occupancy, rent, utilities, and maintenance | $38,449 |
| Printing, publications, postage, and shipping | $313 |
| Other expenses | $112,831 |
| Total expenses | $202,439 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,428 |
| Other assets | $0 |
| Total assets | $40,279 |
| Total liabilities | $11,520 |
| Net assets or fund balances | $28,759 |