Alleghany Arts Council is located in Sparta, NC. 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. Alleghany Arts Council 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, Alleghany Arts Council generated $96.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $79.0k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 2 years. 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
THE ORGANIZATION PROVIDES A VARIETY OF FREE AND TICKETED ARTS PROGRAMMING TO THE COMMUNITY IN ALLEGHANY COUNTY, NC. PROGRAMS INCLUDE: MUSIC ON MAIN, AND THE BEAT GOES ON, SATURDAYS IN THE PARK, TASTE OF THE ARTS AND OTHERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Morrison Co-President | 2 | $0 | |
Shana Whitehead Co-President | 2 | $0 | |
Steven Rash Treasurer | 2 | $0 | |
Sue Talley Secretary | 1.5 | $0 | |
Carole Green Director | 0.25 | $0 | |
Cole Bagwell Director | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,277 |
| Total Program Service Revenue | $6,428 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,501 |
| Other Revenue | $0 |
| Total Revenue | $96,476 |
| 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 | $1,769 |
| Printing, publications, postage, and shipping | $8,983 |
| Other expenses | $66,601 |
| Total expenses | $78,968 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,206 |
| Other assets | $0 |
| Total assets | $74,206 |
| Total liabilities | $823 |
| Net assets or fund balances | $73,383 |