Lakeshore Visual Arts Collective Inc is located in Grand Haven, MI. The organization was established in 2017. 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. Lakeshore Visual Arts Collective 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, Lakeshore Visual Arts Collective Inc generated $54.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $44.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (21.5%) per year over the past 2 years. 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
2023
Describe the Organization's Program Activity:
Part 3
FOSTERING A SUSTAINABLE ARTIST'S COMMUNITY WHILE DOING GOOD AT THE SAME TIME
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Marlan Cotner President | 5 | $0 | |
| Sean Sterzer Vice President | 12 | $0 | |
| Audra Troccko Treasurer | 2 | $0 | |
| Kathy O'brien Secretary | 3 | $0 | |
| Maggie Bandstra Director | 4 | $0 | |
| Jackie Helder Director | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $48,352 | 
| Membership dues | $5,435 | 
| Investment income | $802 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $54,589 | 
| 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 | $480 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $41,478 | 
| Total expenses | $44,846 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,801 | 
| Other assets | $0 | 
| Total assets | $40,801 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $40,801 |