Montrose Center For The Arts
- Assets
- $101.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montrose, CO
- Founding
- 11/2016
- Data as of
- 12/2021
- EIN
- 81-4159361
Organization Overview
Montrose Center For The Arts is located in Montrose, CO. The organization was established in 2016. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Montrose Center For The Arts 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 12/2021, Montrose Center For The Arts generated $69.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 40.8% each year . All expenses for the organization totaled $55.5k during the year ending 12/2021. While expenses have increased by 46.0% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MONTROSE CENTER FOR THE ARTS OPERATES A COMMUNITY ART CENTER FOR THE PURPOSE OF DISPLAYING AND SELLING ART CREATED BY LOCAL ARTISANS, AS WELL AS PROMOTION OF THE ARTS IN THE SURROUNDING COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jodine Broscovak Secretary | 5 | $0 | |
Kathryn Burke Vice Preside | 10 | $0 | |
Don Mace Treasurer | 10 | $0 | |
Pat Brown Director | 2 | $0 | |
Virginia Blackstock Director | 2 | $0 | |
Margaret Kaufmann Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,475 |
| Total Program Service Revenue | $7,923 |
| Membership dues | $6,430 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,032 |
| Other Revenue | $12,771 |
| Total Revenue | $69,137 |
| 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 | $6,924 |
| Occupancy, rent, utilities, and maintenance | $41,372 |
| Printing, publications, postage, and shipping | $367 |
| Other expenses | $6,833 |
| Total expenses | $55,496 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,050 |
| Other assets | $0 |
| Total assets | $101,261 |
| Total liabilities | $1,678 |
| Net assets or fund balances | $99,583 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Montrose Center For The Arts has recieved totaling $1,033.
| Awarding Organization | Amount |
|---|---|
Zanett Foundation Marana, AZ PURPOSE: GRANT FOR GENERAL OPERATIONS | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $33 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Applied Information Management Institute Omaha, NE | $8,071,442 | $4,851,557 |
Wichita Art Museum Inc Wichita, KS | $12,198,968 | $4,522,280 |
Mijente Support Committee Phoenix, AZ | $11,714,923 | $5,386,402 |
Mizel Center For Arts And Culture Denver, CO | $1,231,289 | $3,287,968 |
Lawrence Arts Center Inc Lawrence, KS | $4,356,263 | $3,080,758 |
Breckenridge Creative Arts Breckenridge, CO | $2,416,753 | $3,508,124 |
Seriesfest Denver, CO | $743,501 | $1,745,266 |
Sangre De Cristo Arts & Conference Center Inc Pueblo, CO | $10,967,015 | $4,351,020 |
Love Station Inc Ponca City, OK | $4,976,987 | $2,048,106 |
Mark Arts Inc Wichita, KS | $23,539,430 | $2,389,288 |
Pianos For Students Society Scottsdale, AZ | $2,398,640 | $2,853,923 |
Utah Arts Festival Foundation Inc Salt Lake City, UT | $348,898 | $1,497,242 |