Rowan County Arts Promotion Foundation Inc
- Assets
- $144.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morehead, KY
- Founding
- 05/2007
- Data as of
- 06/2022
- EIN
- 51-0611960
Organization Overview
Rowan County Arts Promotion Foundation Inc is located in Morehead, KY. The organization was established in 2007. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Rowan County Arts Promotion Foundation 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, Rowan County Arts Promotion Foundation Inc generated $74.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $61.4k during the year ending 06/2022. While expenses have increased by 4.5% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
ARTS IN THE COMMUNITY BENEFITING OVER 9000 PEOPLE GALLERY AND EXHIBITS BENEFITING OVER 3000 PEOPLE ART EXHIBITS INCLUDING SCULPTURES, WATERCOLOR, OIL AND FOUNDATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana Reeder Secretary | 0 | $0 | |
Ashley Gilliam Chairman | 0 | $0 | |
Joy Brown Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,904 |
| Total Program Service Revenue | $44,840 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,744 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,201 |
| Professional fees and other payments to independent contractors | $1,650 |
| Occupancy, rent, utilities, and maintenance | $30,567 |
| Printing, publications, postage, and shipping | $917 |
| Other expenses | $21,055 |
| Total expenses | $61,390 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $144,628 |
| Other assets | $0 |
| Total assets | $144,628 |
| Total liabilities | $0 |
| Net assets or fund balances | $144,628 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rowan County Arts Promotion Foundation Inc has recieved totaling $6,500.
| Awarding Organization | Amount |
|---|---|
Honorable Order Of Kentucky Colonels Inc Louisville, KY PURPOSE: GENERAL SUPPORT | $6,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Puerto Rican Cultural Center Chicago, IL | $9,175,566 | $9,769,703 |
Clay Center For The Arts & Sciences Of West Virginia Inc Charleston, WV | $104,991,627 | $9,740,232 |
United States Artists Inc Chicago, IL | $40,639,117 | $6,830,121 |
Coalition To Salute Americas Heroes Foundation Leesburg, VA | $3,573,595 | $8,478,376 |
Center Of Creative Arts Saint Louis, MO | $22,497,336 | $9,712,696 |
Music City Inc Nashville, TN | $1,837,848 | $7,930,504 |
Crosstown Arts Memphis, TN | $38,457,214 | $4,680,625 |
Bertha D Garten Ketcham Memorial Center Inc Odon, IN | $9,035,091 | $6,675,118 |
Kranzberg Arts Foundation St Louis, MO | $18,112,007 | $6,602,930 |
The Center For The Performing Arts Inc Carmel, IN | $11,269,434 | $4,631,898 |
American College Of Occupational And Environmental Medicine Elk Grove Village, IL | $5,115,240 | $3,683,433 |
Winnetka Community House Winnetka, IL | $15,269,238 | $4,423,430 |