Artist Studio Association
- Assets
- $344.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lincoln City, OR
- Founding
- 03/1951
- Data as of
- 12/2023
- EIN
- 93-0494634
Organization Overview
Artist Studio Association is located in Lincoln City, OR. The organization was established in 1951. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Artist Studio Association 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, Artist Studio Association generated $52.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $53.9k during the year ending 12/2023. While expenses have increased by 6.3% per year over the past 8 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
BRING ART TO THE COMMUNITY THROUGH WORKSHOPS, CLASSES, & EXHIBITS. PROVIDE STUDIO SPACE FOR LOCAL ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Rutherford President | 4 | $0 | |
Bonnie S Holubetz Treasurer | 9 | $0 | |
Cynthia D Longhat-Adams Secretary | 4 | $0 | |
Michele Lindsley Vice Preside | 2 | $0 | |
Richard D Laycock At Large | 2 | $0 | |
Kim Hagans Mosaic Guild | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,434 |
| Total Program Service Revenue | $44,744 |
| Membership dues | $0 |
| Investment income | $237 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $77 |
| Total Revenue | $52,492 |
| 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 | $18,891 |
| Occupancy, rent, utilities, and maintenance | $21,570 |
| Printing, publications, postage, and shipping | $1,007 |
| Other expenses | $12,422 |
| Total expenses | $53,890 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,167 |
| Other assets | $0 |
| Total assets | $344,546 |
| Total liabilities | $0 |
| Net assets or fund balances | $344,546 |