Arts & Design Society Of Fort Walton Beach Inc
- Assets
- $196.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Walton Beach, FL
- Founding
- 07/1990
- Data as of
- 11/2022
- EIN
- 59-1657053
Organization Overview
Arts & Design Society Of Fort Walton Beach Inc is located in Fort Walton Beach, FL. The organization was established in 1990. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, 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. Arts & Design Society Of Fort Walton Beach 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 11/2022, Arts & Design Society Of Fort Walton Beach Inc generated $75.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 29.8% each year . All expenses for the organization totaled $75.5k during the year ending 11/2022. While expenses have increased by 27.4% per year over the past 3 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 |
|---|---|---|---|
Pirjo H Joensuu Treasurer | 10 | $0 | |
Wally Ratcliffe President | 5 | $0 | |
Vacant Vice President | 10 | $0 | |
Sandra Franks Office Manager | 35 | $14,298 | |
Mary Eady Recording Secretary | 2 | $0 | |
Kathleen Porter Corresponding Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,153 |
| Total Program Service Revenue | $48,310 |
| Membership dues | $9,120 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,229 |
| Other Revenue | $4,149 |
| Total Revenue | $75,289 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,298 |
| Professional fees and other payments to independent contractors | $9,985 |
| Occupancy, rent, utilities, and maintenance | $24,760 |
| Printing, publications, postage, and shipping | $2,738 |
| Other expenses | $23,700 |
| Total expenses | $75,481 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,973 |
| Other assets | $0 |
| Total assets | $195,973 |
| Total liabilities | $0 |
| Net assets or fund balances | $195,973 |