Shreveport Regional Arts Council
- Assets
- $6.7m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 12
- Location
- Shreveport, LA
- Founding
- 03/1977
- Data as of
- 06/2021
- EIN
- 72-0805661
Organization Overview
Shreveport Regional Arts Council is located in Shreveport, LA. The organization was established in 1977. 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 06/2021, Shreveport Regional Arts Council employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shreveport Regional Arts Council 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 06/2021, Shreveport Regional Arts Council generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Shreveport Regional Arts Council has awarded 81 individual grants totaling $1,931,136. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF THE ARTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART IN EDUCATION - ANNUAL FESTIVAL IN CELEBRATION OF THE ARTS. FEATURES ARTWORK AND PERFORMANCES BY LOCAL SCHOOL CHILDREN AND PROFESSIONALS.
ARTSPACE - ACTIVITIES WHICH PROVIDE A MULTI-DISCIPLINARY INTER-GENERATIONAL ARTS CENTER OPEN TO THE PUBLIC.
OTHER PROGRAMS INCLUDE DECENTRALIZED ARTS FUNDING; REGRANTS, PANELS AND OTHER PROGRAMS - PROVIDE GRANTS AND TECHNICAL ASSISTANCE TO ART ORGANIZATIONS AND ARTISTS. ALSO, PROMOTION OF THE ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pam Atchison Executive Director | Officer | 40 | $123,127 |
Sandi Kallenberg Chairman | Trustee | 0 | $0 |
Jodie Glorioso Public Art Chairman | Trustee | 0 | $0 |
Joe Kane Artspace President | Trustee | 0 | $0 |
Waynette Ballengee Full Board | Trustee | 0 | $0 |
Jay D Covington Full Board | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $576,573 |
| All other contributions, gifts, grants, and similar amounts not included above | $447,263 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,023,836 |
| Total Program Service Revenue | $53,951 |
| Investment income | $180,133 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,375 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $336,592 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,731,229 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $140,930 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $117,318 |
| Compensation of current officers, directors, key employees. | $89,498 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $248,554 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,087 |
| Payroll taxes | $27,203 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $198,091 |
| Advertising and promotion | $15,588 |
| Office expenses | $0 |
| Information technology | $6,429 |
| Royalties | $0 |
| Occupancy | $4,114 |
| Travel | $28,034 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,034 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $161,231 |
| Insurance | $27,677 |
| All other expenses | $83,335 |
| Total functional expenses | $1,233,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $766,717 |
| Savings and temporary cash investments | $1,083,405 |
| Pledges and grants receivable | $496,222 |
| Accounts receivable, net | $11,551 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,264 |
| Net Land, buildings, and equipment | $3,439,935 |
| Investments—publicly traded securities | $853,613 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,655,707 |
| Accounts payable and accrued expenses | $21,812 |
| Grants payable | $28,837 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $195,842 |
| Unsecured mortgages and notes payable | $101,220 |
| Other liabilities | $1,199,516 |
| Total liabilities | $1,547,227 |
| Net assets without donor restrictions | $3,938,980 |
| Net assets with donor restrictions | $1,169,500 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,655,707 |
Grants Awarded
Over the last fiscal year, Shreveport Regional Arts Council has awarded $566,114 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
BLACK CULTURAL ARTS COALITION PURPOSE: PROMOTION OF THE ARTS | $75,000 |
BLACK CULTURAL ARTS COALITION PURPOSE: PROMOTION OF THE ARTS | $75,000 |
Shreveport, LA PURPOSE: PROMOTION OF THE ARTS | $49,932 |
Shreveport, LA PURPOSE: PROMOTION OF THE ARTS | $49,932 |
SHREVEPORT SYMPHONY ORCHESTRA PURPOSE: PROMOTION OF THE ARTS | $42,653 |
SHREVEPORT SYMPHONY ORCHESTRA PURPOSE: PROMOTION OF THE ARTS | $42,653 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Shreveport Regional Arts Council has recieved totaling $175,496.
| Awarding Organization | Amount |
|---|---|
Noel Foundation Inc Shreveport, LA PURPOSE: CHARITABLE | $60,000 |
Community Foundation Of North Louisiana Shreveport, LA PURPOSE: FOR GENERAL SUPPORT; GIVE FOR GOOD GRANT; FOR ARTWORKS ON THE TEXAS STREET LED BRIDGE AT ARTBREAK 2022 | $46,827 |
Powers Foundation Inc Shreveport, LA PURPOSE: CHARITABLE | $20,000 |
Leonard W & Betty Phillips Foundation Shreveport, LA PURPOSE: UNRESTRICTED GIFT | $15,250 |
The Alta And John Franks Foundation Shreveport, LA PURPOSE: CHARITABLE SUPPORT | $12,500 |
Wheless Foundation Shreveport, LA PURPOSE: CHARITABLE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Acadiana Center For The Arts Lafayette, LA | $2,214,037 | $2,734,982 |
Arts Council Of New Orleans New Orleans, LA | $1,809,882 | $2,444,435 |
Arts Council Of Greater Baton Rouge Inc Baton Rouge, LA | $4,710,204 | $2,512,753 |
Civic Lubbock Inc Lubbock, TX | $2,399,838 | $1,804,264 |
Artpace Inc San Antonio, TX | $4,747,624 | $2,060,315 |
Shreveport Regional Arts Council Shreveport, LA | $6,655,707 | $1,731,229 |
Rockport Art Association Inc Rockport, TX | $13,512,318 | $1,924,520 |
Odessa Council For The Arts & Humanities Odessa, TX | $326,485 | $1,125,554 |
Arts Council Of Brazos Valley College Station, TX | $3,578,348 | $837,601 |
Brazosport Fine Arts Council Inc Clute, TX | $7,231,625 | $1,825,921 |
Arkansas Humanities Council Inc Little Rock, AR | $1,550,015 | $1,824,377 |
Center For Art & Education Van Buren, AR | $8,555,446 | $1,725,170 |