Lake Oswego Crafts & Arts League
- Assets
- $36.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 09/1998
- Data as of
- 12/2023
- EIN
- 93-0677551
Organization Overview
Lake Oswego Crafts & Arts League is located in Portland, OR. The organization was established in 1998. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, 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. Lake Oswego Crafts & Arts League is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Lake Oswego Crafts & Arts League generated $27.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $32.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 5 years. 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
FUNDS ARE GIVEN TO LAKE OSWEGO CRAFTS AND ARTS LEAGUE FOUNDATION TO BE DISBURSED AS SCHOLARSHIPS TO WOMEN ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terri Neal Director | 1 | $1,000 | |
Lucinda Mcdougall Treasurer | 1 | $800 | |
Janis Childs Guest Liaison | 1 | $800 | |
Michelle Lattanzi Co-Secretary | 1 | $400 | |
Cheryl Cameron Web Master | 1 | $800 | |
Deb Steele Setup Director | 1 | $800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,190 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,738 |
| Other Revenue | $0 |
| Total Revenue | $27,932 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,600 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $16,345 |
| Printing, publications, postage, and shipping | $6,092 |
| Other expenses | $4,916 |
| Total expenses | $31,953 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,935 |
| Other assets | $0 |
| Total assets | $36,585 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,585 |