Central Arts Of Bedford
- Assets
- $71.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bedford, TX
- Founding
- 03/2017
- Data as of
- 12/2023
- EIN
- 82-0859173
Organization Overview
Central Arts Of Bedford is located in Bedford, TX. The organization was established in 2017. 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. Central Arts Of Bedford 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, Central Arts Of Bedford generated $73.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.6% each year . All expenses for the organization totaled $51.5k during the year ending 12/2023. While expenses have increased by 17.5% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
DISPLAYING LOCAL ARTIST WORK IN A GALLERY SETTING. ALLOW LOCAL ARTIST TO TEACH THEIR TRADESAND ART WORK
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,550 |
| Total Program Service Revenue | $46,318 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $22,822 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,689 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,510 |
| Professional fees and other payments to independent contractors | $427 |
| Occupancy, rent, utilities, and maintenance | $43,750 |
| Printing, publications, postage, and shipping | $1,449 |
| Other expenses | $3,337 |
| Total expenses | $51,473 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,146 |
| Other assets | $0 |
| Total assets | $71,146 |
| Total liabilities | $0 |
| Net assets or fund balances | $71,146 |