Buchanan Arts Inc
- Assets
- $22.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- Data as of
- 12/2022
- EIN
- 85-4286826
Organization Overview
Buchanan Arts Inc is located in Nashville, TN. 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. Buchanan Arts 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 12/2022, Buchanan Arts Inc generated $81.0k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $92.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
THE CORPORATION IS A NON-PROFIT PUBLIC BENEFIT CORPORATION WHOSE PURPOSE IS TO PROVIDE ART EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Moutenot Director | 5 | $0 | |
Frederick Taylor Director | 5 | $0 | |
Don Hardin Director | 5 | $0 | |
Charmin Bates Director | 5 | $0 | |
Kristi Hargrove Director | 5 | $0 | |
John Donovan Executive Director | 40 | $42,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,847 |
| Total Program Service Revenue | $50,269 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $875 |
| Other Revenue | $0 |
| Total Revenue | $80,991 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,881 |
| Professional fees and other payments to independent contractors | $4,365 |
| Occupancy, rent, utilities, and maintenance | $16,200 |
| Printing, publications, postage, and shipping | $726 |
| Other expenses | $16,611 |
| Total expenses | $92,783 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,648 |
| Other assets | $0 |
| Total assets | $22,648 |
| Total liabilities | $66 |
| Net assets or fund balances | $22,582 |