West Tennessee Regional Art Center Inc
- Assets
- $102.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Humboldt, TN
- Founding
- 10/1993
- Data as of
- 12/2022
- EIN
- 62-1520093
Organization Overview
West Tennessee Regional Art Center Inc is located in Humboldt, TN. The organization was established in 1993. According to its NTEE Classification (A51) the organization is classified as: Art Museums, 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. West Tennessee Regional Art Center 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 12/2022, West Tennessee Regional Art Center Inc generated $60.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $50.9k during the year ending 12/2022. While expenses have increased by 1.5% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ART CENTER SERVES AS AN EDUCATIONAL AND CULTURAL ATTRACTION AND PROVIDES SEVERAL FORMS OF ART TO A LARGELY RURAL AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lois Currie Chairman | 1 | $0 | |
Carolyn Barnett Treasurer | 1 | $0 | |
Phyllis Elliot Director | 1 | $0 | |
Rosemary Caraway Director | 1 | $0 | |
Chaerlotte Halford Director | 1 | $0 | |
Harold Nance Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,277 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,282 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,640 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $765 |
| Printing, publications, postage, and shipping | $166 |
| Other expenses | $22,352 |
| Total expenses | $50,923 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,374 |
| Other assets | $0 |
| Total assets | $102,050 |
| Total liabilities | $865 |
| Net assets or fund balances | $101,185 |