Berea Arts Council Inc
- Assets
- $23.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Berea, KY
- Founding
- 12/1986
- EIN
- 61-1107548
Organization Overview
Berea Arts Council Inc is located in Berea, KY. The organization was established in 1986. 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. As of 06/2020, Berea Arts Council Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Berea 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 undefined, Berea Arts Council Inc generated $109.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $150.9k during the year ending undefined. 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
Describe the Organization's Program Activity:
Part 3
TO ENCOURAGE DEVELOP & SPONSOR PARTICIPATION IN THE ARTS BY MEMBERS IN THE COMMUNITY THROUGH DANCE, DRAMA MUSICOR VISUAL ON ANY LEVEL THEY CHOOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gwen Childs Exec. Director | 40 | $18,577 | |
Charlie Campbell Board Member | 1 | $0 | |
Hasan Davis Board Member | 1 | $0 | |
Danny Jacobs Secretary | 1 | $0 | |
Susan Meeks Treasurer | 1 | $0 | |
Joshua Prentice Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,948 |
| Total Program Service Revenue | $6,154 |
| Membership dues | $8,665 |
| Investment income | $0 |
| Gain or Loss | $7,238 |
| Net Income from Gaming & Fundraising | $13,026 |
| Other Revenue | $6,323 |
| Total Revenue | $109,354 |
| Statement of Expenses | |
|---|---|
| Total expenses | $150,938 |
| Balance Sheet | |
|---|---|
| Total assets | $23,015 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,015 |