Art Center
- Assets
- $183.4k
- Revenue
- $13.3k
- Investments
- $171.4k
- Employees
- 0
- Location
- Helena, MT
- Founding
- 05/1983
- Data as of
- 12/2022
- EIN
- 81-0403735
Organization Overview
Art Center is located in Helena, MT. The organization was established in 1983. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Art Center 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, Art Center generated $13.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $13.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE ARTS AND ARTS EDUCATION THROUGH WORKSHOPS, EXHIBITIONS, GRANTS AND DONATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peggy Stringer Vice President | 0 | $0 | |
Jean Mclean Secretary | 0 | $0 | |
Vivian Reeves Historian | 1 | $0 | |
Catherine Dulacki Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $70 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,348 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,910 |
| Total Revenue | $13,328 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $73 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,153 |
| Total operating and administrative expenses | $9,726 |
| Contributions, gifts, grants paid | $3,996 |
| Total expenses and disbursements | $13,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,754 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $171,410 |
| Net Land, buildings, and equipment | $235 |
| Other assets | $0 |
| Total assets | $183,399 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Art Center has awarded $3,996 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
HOLTER MUSEUM PURPOSE: OPERATIONS | $800 |
LEWIS CLARK LIBRARY FOUNDATION PURPOSE: ART PUBLICATIONS | $496 |
ST PETERS EPISCOPAL CHURCH PURPOSE: SUPPLEMENT EDUCATION PROGRAMS | $2,000 |
ARCHIE BRAY PURPOSE: TO ASSIST WITH OPERATIONS | $500 |
CLAY ARTS GUILD PURPOSE: TO ASSIST WITH OPERATIONS | $200 |