Senior Center for the Arts
Fiscal Year
No current fiscal year information is available at this time.
Organizational Budgets and Other Documents
IRS Letter of Exemption
| senior center for the arts irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $8,087.00 | $149,914.00 | |
| Total Expenses | $11,959.00 | $142,041.00 | |
| Revenue Less Expenses | ($-0.00) | ($3,872.00) | $7,873.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $5,500.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $0.00 | $0.00 | |
| Contributions, Gifts, and Grants | $2,580.00 | $11,511.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $0.00 | $134,467.00 | |
| Investment Income, Net of Losses | $7.00 | $0.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $0.00 | $0.00 | |
| Revenue In-Kind | $0.00 | $0.00 | |
| Other | $0.00 | $3,936.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $5,631.00 | $123,427.00 | |
| Administration Expense | $6,328.00 | $14,000.00 | |
| Fundraising Expense | $0.00 | $4,614.00 | |
| Total Revenue/Total Expenses | 68% | 106% | |
| Program Expense/Total Expenses | 47% | 87% | |
| Fundraising Expense/Contributed Revenue | 0% | 3% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | State Government Grants $5,500.00 | Program Revenue $134,467.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $2,580.00 | Contributions, Gifts and Grants $11,511.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Investment Income $7.00 | Other Revenue $3,936.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $25,838.00 | $30,695.00 | |
| Current Assets | $18,563.00 | $22,353.00 | |
| Long-Term Liabilities | $89,014.00 | $0.00 | |
| Current Liabilities | $16,554.00 | $111,721.00 | |
| Total Net Assets | $-79,730.00 | $-81,026.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2022
Form 990s
Audit Documents
CEO/Executive Director/Board Comments
| SCA/TLKT continues to have consistent patronage and volunteerism with increases in season ticket sales. However, as earlier expressed, attendance vacillates between each show due to generational preferences. SCA/TLKT will continue utilizing patron feedback evaluations to guide us in our season selections. We will continue to create new production plans along with newer, aggressive marketing strategies. Additionally, SCA/TLKT hopes to step into donor portfolios as a way for consistent financial support in addition to season ticket purchases and fundraising events. SCA/TLKT has achieved increases in diversity in our patrons, creative talent,and volunteers in all programs. |
Foundation Staff Comments
| Financials taken from the 990EZ. Financials prepared by Karen R. Stephens, CPA. Comments provided by Nicole Rose 03/31/2022. |
