Damascus Fiber Arts School
- Assets
- $85.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Damascus, OR
- Founding
- Data as of
- 08/2023
- EIN
- 85-2586815
Organization Overview
Damascus Fiber Arts School is located in Damascus, OR. 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. Damascus Fiber Arts School 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 08/2023, Damascus Fiber Arts School generated $61.0k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $46.4k during the year ending 08/2023. 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
PROMOTED AWARENESS AND APPRECIATION OF THE ART AND CRAFT OF HAND WEAVING, AS WELL AS THE OPPORTUNITY TO LEARN HAND WEAVING AND RELATED ACTIVITIES SUCH AS SPINNING AND DYEING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Dembrow President | 20 | $0 | |
Margaret Jeppesen Vice President | 15 | $0 | |
Candace Pratt Treasurer | 15 | $0 | |
Beth Scarth Secretary | 15 | $0 | |
Sandy Hamilton Communications | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,394 |
| Total Program Service Revenue | $44,163 |
| Membership dues | $0 |
| Investment income | $810 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,028 |
| 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 | $1,828 |
| Occupancy, rent, utilities, and maintenance | $15,002 |
| Printing, publications, postage, and shipping | $510 |
| Other expenses | $29,043 |
| Total expenses | $46,383 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,495 |
| Other assets | $0 |
| Total assets | $85,323 |
| Total liabilities | $419 |
| Net assets or fund balances | $84,904 |