Meridian Art Association Inc
- Assets
- $466.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Meridian, MS
- Founding
- 04/1968
- Data as of
- 06/2022
- EIN
- 64-6036338
Organization Overview
Meridian Art Association Inc is located in Meridian, MS. The organization was established in 1968. 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. Meridian Art Association 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 06/2022, Meridian Art Association Inc generated $182.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $185.6k during the year ending 06/2022. While expenses have increased by 5.9% per year over the past 7 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 |
|---|---|---|---|
David Barr Past President | 5 | $0 | |
John Northam Treasurer | 5 | $0 | |
Liza Randall Comptroller | 5 | $0 | |
Diane Burnham Secretary | 5 | $0 | |
Keith Everett President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,030 |
| Total Program Service Revenue | $63,669 |
| Membership dues | $34,000 |
| Investment income | $2,910 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,288 |
| Total Revenue | $182,897 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $63,060 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $19,727 |
| Printing, publications, postage, and shipping | $5,039 |
| Other expenses | $97,740 |
| Total expenses | $185,566 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $350,226 |
| Other assets | $0 |
| Total assets | $466,234 |
| Total liabilities | $3,591 |
| Net assets or fund balances | $462,643 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Meridian Art Association Inc has recieved totaling $7,317.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of East Mississippi Inc Meridian, MS PURPOSE: GENERAL SUPPORT | $7,317 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crystal Bridges Museum Of American Art Inc Bentonville, AR | $1,732,386,844 | $177,931,616 |
Cheekwood Botanical Garden And Museum Of Art Nashville, TN | $58,316,106 | $17,726,545 |
New Orleans Museum Of Art New Orleans, LA | $108,237,578 | $12,278,324 |
Hunter Museum Of Art Chattanooga, TN | $45,514,020 | $7,390,848 |
Mississippi Museum Of Art Inc Jackson, MS | $2,798,163 | $5,472,334 |
Dixon Gallery And Gardens Memphis, TN | $9,304,777 | $5,610,012 |
Huntsville Museum Of Art Huntsville, AL | $758,389 | $3,037,653 |
Knoxville Museum Of Art Knoxville, TN | $12,196,877 | $3,220,850 |
The Mobile Museum Of Art Inc Mobile, AL | $3,456,123 | $3,066,123 |
Ohr-Okeefe Museum Of Art Inc Biloxi, MS | $40,136,750 | $2,525,884 |
Montgomery Museum Of Fine Arts Association Montgomery, AL | $14,468,966 | $2,387,013 |
National Ornamental Metal Museum Inc Memphis, TN | $19,212,719 | $16,707,423 |