Valley Art Association
- Assets
- $685.4k
- Revenue
- $67.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Forest Grove, OR
- Founding
- 06/1974
- Data as of
- 06/2022
- EIN
- 93-0623083
Organization Overview
Valley Art Association is located in Forest Grove, OR. The organization was established in 1974. 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. Valley Art 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 06/2022, Valley Art Association generated $67.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $74.8k during the year ending 06/2022. While expenses have increased by 7.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FACILITIES FOR LOCAL ARTISTS TO TEACH, SHOWCASE AND SELL ARTWORK TO THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING FACILITIES FOR LOCAL ARTISTS TO TEACH THEIR CRAFT, SHOWCASE THEIR WORKS AND SELL ARTWORK TO THE GENERAL PUBLIC
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Allen President | Officer | 10 | $17,000 |
Jeannine Levy Vice President | Officer | 2 | $0 |
Roylene Read Secretary | Officer | 2 | $0 |
Lynne Magner Treasurer | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,763 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,567 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,330 |
| Total Program Service Revenue | $0 |
| Investment income | $7,183 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $22,443 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $19,357 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $67,313 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,644 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $17,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,305 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,461 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,663 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $123 |
| Fees for services: Other | $0 |
| Advertising and promotion | $45 |
| Office expenses | $2,283 |
| Information technology | $522 |
| Royalties | $0 |
| Occupancy | $13,611 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,756 |
| Insurance | $4,728 |
| All other expenses | $0 |
| Total functional expenses | $74,816 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,136 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $263,350 |
| Prepaid expenses and deferred charges | $197 |
| Net Land, buildings, and equipment | $205,162 |
| Investments—publicly traded securities | $150,719 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,850 |
| Total assets | $685,414 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $262,586 |
| Total liabilities | $262,586 |
| Net assets without donor restrictions | $417,411 |
| Net assets with donor restrictions | $5,417 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $685,414 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Valley Art Association has recieved totaling $74.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $74 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Glaziers Architectural Metal & Glass Workers Local Union 1399 Hea Covina, CA | $12,022,551 | $5,262,157 |
Elderheart Inc Sisters, OR | $6,200,437 | $6,066,501 |
Gage Academy Of Art Seattle, WA | $3,068,571 | $2,623,877 |
Social And Public Art Resource Center Venice, CA | $5,398,489 | $1,298,270 |
Pratt Fine Arts Center Seattle, WA | $7,081,159 | $1,908,130 |
Modern Quilt Guild Inc Los Angeles, CA | $471,322 | $1,206,669 |
Catchlight San Francisco, CA | $2,559,579 | $3,095,707 |
Self-Help Graphics And Arts Inc Los Angeles, CA | $7,358,688 | $2,282,621 |
California Anime Foundation Granada Hills, CA | $325,204 | $1,412,708 |
Woodworth Family Foundation Tacoma, WA | $16,382,874 | $3,452,473 |
Bay Area Glass Institute Inc San Jose, CA | $1,447,752 | $1,103,523 |
American Society Of Media Photographers Inc San Francisco, CA | $534,568 | $1,162,030 |