Louisville Art Association Inc
- Assets
- $73.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, CO
- Founding
- 08/1992
- Data as of
- 12/2021
- EIN
- 84-1193564
Organization Overview
Louisville Art Association Inc is located in Louisville, CO. The organization was established in 1992. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Louisville Art Association 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 12/2021, Louisville Art Association Inc generated $36.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $29.2k during the year ending 12/2021. While expenses have increased by 2.9% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Harrison President | 15 | $0 | |
Lynn Sarkis Vice-President | 10 | $0 | |
Sandy Price Treasurer | 6 | $0 | |
Ken Roberge Secretary | 8 | $0 | |
Jay Lynch Director | 4 | $0 | |
Vince Dean Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,691 |
| Total Program Service Revenue | $24,004 |
| Membership dues | $5,960 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,659 |
| 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 | $7,575 |
| Occupancy, rent, utilities, and maintenance | $300 |
| Printing, publications, postage, and shipping | $222 |
| Other expenses | $12,974 |
| Total expenses | $29,211 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,924 |
| Other assets | $0 |
| Total assets | $73,924 |
| Total liabilities | $3,186 |
| Net assets or fund balances | $70,738 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Louisville Art Association Inc has recieved totaling $23.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $23 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Phoenix Painting Industry Trust Fund Phoenix, AZ | $8,745,449 | $4,690,569 |
Redline Denver, CO | $19,188,382 | $2,483,556 |
National Council On Education For The Ceramic Arts Boulder, CO | $3,277,590 | $1,203,112 |
Cherry Creek Arts Festival Denver, CO | $2,617,133 | $1,539,850 |
Art Association Of Jackson Hole Jackson, WY | $1,265,273 | $1,643,063 |
Foothills Art Center Inc Golden, CO | $2,162,133 | $1,395,944 |
Studio Arts Boulder Inc Boulder, CO | $3,831,022 | $2,254,756 |
Craft Lake City Salt Lake City, UT | $319,746 | $884,315 |
The Art Base Basalt, CO | $2,805,955 | $1,249,612 |
Turrell Art Foundation Flagstaff, AZ | $84,539,675 | $27,051,414 |
Lux Center For The Arts Lincoln, NE | $2,353,211 | $746,199 |
Downtown Aurora Visual Arts Aurora, CO | $2,225,877 | $774,018 |