A Salon Ltd
- Assets
- $297.9k
- Revenue
- $399.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Washington, DC
- Founding
- 05/1980
- Data as of
- 12/2021
- EIN
- 52-1176436
Organization Overview
A Salon Ltd, operating under the name DC Arts Studios, is located in Washington, DC. The organization was established in 1980. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. DC Arts Studios 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 12/2021, DC Arts Studios generated $399.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $289.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE STUDIO SPACE TO ARTIST MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
A SALON LTD IS AN ARTIST COOPERATIVE THAT PROVIDES STUDIO AND EXHIBIT SPACE TO APPROXIMATELY 90 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sonnie Mason | Officer | 4 | $0 |
Kristina King | Officer | 2 | $0 |
Maureen Brown | Officer | 2 | $0 |
William Bernard | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $54,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,000 |
| Total Program Service Revenue | $345,473 |
| Investment income | $8 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $399,481 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $29,574 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,629 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $279 |
| Office expenses | $3,689 |
| Information technology | $2,706 |
| Royalties | $0 |
| Occupancy | $239,335 |
| Travel | $934 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,720 |
| Insurance | $2,185 |
| All other expenses | $0 |
| Total functional expenses | $289,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,703 |
| Savings and temporary cash investments | $69,724 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $106,499 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $35,000 |
| Total assets | $297,926 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $37,135 |
| Total liabilities | $37,135 |
| Net assets without donor restrictions | $260,791 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $297,926 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that A Salon Ltd has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Geophysical Union Washington, DC | $197,960,779 | $46,621,349 |
National Institute Of Aerospace Associates Hampton, VA | $24,951,080 | $26,735,144 |
American Institute Of Aeronautics And Astronautics Reston, VA | $43,823,405 | $27,848,367 |
General Aviation Manufacturers Association Inc Washington, DC | $11,882,458 | $7,210,865 |
American Council On Renewable Energy-Acore Washington, DC | $2,445,109 | $6,857,978 |
Universities Research Association Inc Washington, DC | $19,819,998 | $5,982,811 |
Korea-Us Science Cooperation Center Vienna, VA | $5,319,420 | $4,061,638 |
American Center For Physics Inc college park, MD | $26,806,500 | $2,493,197 |
Alliance For Market Solutions Inc Mclean, VA | $810,160 | $251,246 |
Mineralogical Society Of America Chantilly, VA | $5,715,292 | $1,463,558 |
Open Imagery Network Inc Washington, DC | $812,425 | $1,782,687 |
National Space Club And Foundation Washington, DC | $1,376,544 | $1,273,156 |