Kentucky Guild Of Artists & Craftsmen Inc is located in Berea, KY. The organization was established in 1999. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Kentucky Guild Of Artists & Craftsmen 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 06/2024, Kentucky Guild Of Artists & Craftsmen Inc generated $23.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.7%) each year. All expenses for the organization totaled $39.0k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (13.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
EXIHBITS, DEMOS, JURIED ARTISTS EVENTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrica Williams Treasurer | 5 | $1,100 | |
Shawna Southerland VP | 2 | $0 | |
Pamela Richmond Cvericanin Pres | 2 | $0 | |
Derek Downing Sec | 2 | $0 | |
Lloyd Alvis Agee Director | 2 | $0 | |
Bemjamin Maddox Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,235 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,918 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8,487 |
| Total Revenue | $23,640 |
| 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 | $6,553 |
| Occupancy, rent, utilities, and maintenance | $12,144 |
| Printing, publications, postage, and shipping | $86 |
| Other expenses | $20,177 |
| Total expenses | $38,960 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $200,719 |
| Other assets | $0 |
| Total assets | $201,369 |
| Total liabilities | $3,818 |
| Net assets or fund balances | $197,551 |