Fremont Art Association
- Assets
- $43.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fremont, CA
- Founding
- 01/1987
- Data as of
- 12/2022
- EIN
- 94-2955414
Organization Overview
Fremont Art Association is located in Fremont, CA. The organization was established in 1987. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Fremont 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 12/2022, Fremont Art Association generated $38.0k 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 (12.7%) each year. All expenses for the organization totaled $41.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.4%) 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
2022
Describe the Organization's Program Activity:
Part 3
TO ENCOURAGE THE APPRECIATION AND CREATION OF ART. DURING THE COURSE OF A TYPICAL YEAR, SOME 50 ARTISTS EXHIBIT THEIR WORK AT THE ASSOCIATIONS GALLERY. SEVERAL ARTISTS TEACH ART TO STUDENTS OF ALL AGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Bobik President | 0 | $0 | |
Tetiana Taganska Secretary | 0 | $0 | |
Helene Roylance Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,600 |
| Total Program Service Revenue | $24,326 |
| Membership dues | $0 |
| Investment income | $28 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,954 |
| 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 | $3,695 |
| Occupancy, rent, utilities, and maintenance | $13,200 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,320 |
| Total expenses | $41,215 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,159 |
| Other assets | $0 |
| Total assets | $43,759 |
| Total liabilities | $657 |
| Net assets or fund balances | $43,102 |