The Royal Arts Council Inc
- Assets
- $195.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Versailles, MO
- Founding
- 06/1984
- Data as of
- 06/2023
- EIN
- 43-1331354
Organization Overview
The Royal Arts Council Inc is located in Versailles, MO. The organization was established in 1984. 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. Royal 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, Royal Arts Council Inc generated $96.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $88.5k during the year ending 06/2023. 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
FIRST ACCOMPLISHMENT ORGANIZATION PRESENTS COMMUNITY THEATER PLAYS, LIVE MUSICIAL CONCERTS, FREE ART SHOWS, MUSICAL AND ORCHESTRA EVENTS. ORGANIZATION ALSO PROVIDES A PLACE FOR THE LOCAL SCHOOLS AND BUSINESSES TO HAVE SOCIAL EVENTS THROUGHOUT THEYEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tina Holsten Executive Director | 20 | $20,000 | |
Jennifer Avey Vice President | 0 | $0 | |
Nathaniel Jones Director | 0 | $0 | |
Caroline Newkirk Treasurer | 0 | $0 | |
Heather Greenhill Secretary | 0 | $0 | |
Denise Fisher Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,407 |
| Total Program Service Revenue | $53,777 |
| Membership dues | $0 |
| Investment income | $173 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $96,623 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,795 |
| Professional fees and other payments to independent contractors | $19,755 |
| Occupancy, rent, utilities, and maintenance | $25,356 |
| Printing, publications, postage, and shipping | $7,045 |
| Other expenses | $13,527 |
| Total expenses | $88,478 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,812 |
| Other assets | $0 |
| Total assets | $194,973 |
| Total liabilities | $3,982 |
| Net assets or fund balances | $190,991 |