Leeds Arts Council Inc
- Assets
- $88.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Leeds, AL
- Founding
- 04/1994
- Data as of
- 12/2023
- EIN
- 63-1080635
Organization Overview
Leeds Arts Council Inc is located in Leeds, AL. The organization was established in 1994. 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. Leeds 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 12/2023, Leeds Arts Council Inc generated $150.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $121.2k during the year ending 12/2023. While expenses have increased by 13.9% per year over the past 5 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 |
|---|---|---|---|
Beverly Wilson President | 5 | $0 | |
Sandra Bailey Vice President | 5 | $0 | |
Christa Soileau Recording Secretary | 3 | $0 | |
Ricky Christain Treasurer | 5 | $0 | |
Dell Smith Corresponding Sec. | 3 | $0 | |
Mandi Rae Trott Past President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,520 |
| Total Program Service Revenue | $78,868 |
| Membership dues | $5,318 |
| Investment income | $231 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,695 |
| Total Revenue | $150,632 |
| 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 | $17,715 |
| Occupancy, rent, utilities, and maintenance | $39,683 |
| Printing, publications, postage, and shipping | $2,871 |
| Other expenses | $60,921 |
| Total expenses | $121,190 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,262 |
| Other assets | $0 |
| Total assets | $88,859 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,859 |