Civic Intelligence

Venue Inc.

EIN 30-1233189 • 501(c)3 • Newport, NC

Pub. 78 Eligible990-N CoverageNTEE A60

Profile

Venue inc is a christian arts company. Our directive is to encourage the body of christ, preach the gospel through the performing arts, and teach the word through multiple art forms. Our goal is to establish a thriving christian arts center where artists are able to worship and use their gifts to serve the lord.

PO Box 1574Newport, NC 28570

thevenueministries.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

92nd percentile

61%

Higher net margin than 92% of similar nonprofits.

NTEE A60 • <$500k nonprofits • Source year 2023

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE A60 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$69,190

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$69,190

No earlier filing loaded for comparison.

Revenue

$88,357

No earlier filing loaded for comparison.

Expenses

$34,238

No earlier filing loaded for comparison.

Net Income

$54,119

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2023: $69,190Net Assets 2023: $69,1902023

Highlighted filing

2023

Assets$69,190
Liabilities-
Net Assets$69,190

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0Revenue 2023: $88,357Expenses 2023: $34,238Net Income 2023: $54,1192023

Highlighted filing

2023

Revenue$88,357
Expenses$34,238
Net Income$54,119

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$69.2$69.2$88.4$34.2$54.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 28, 2024
Return Version
2023v5.0
Gross Receipts
$88,357
Mission and Program Overview

Mission

Venue inc is a christian arts company. Our directive is to encourage the body of christ, preach the gospel through the performing arts, and teach the word through multiple art forms. Our goal is to establish a thriving christian arts center where artists are able to worship and use their gifts to serve the lord.

Program Services

DescriptionGrantsExpenses
IN 2023 VENUE INC CREATED AND PERFORMED 2 ORIGINAL MUSICAL PRODUCTIONS TITLED PASSOVER IN REMEMBRANCE AND THE SACRED STORY. WE ALSO CELEBRATED 10 YEARS OF ORIGINAL SCRIPTURE SONG WRITING, ART AND TEACHING THROUGH THE RELEASE OF 2 LPS, A SUMMER WORKSHOP CONCERT AND 2 ADDITIONAL CONCERTS. VENUE INC WAS HONORED TO HAVE 49 VOLUNTEERS AND SERVED 694 ATTENDEES AT OUR CONCERTS AND SUMMER CONCERT WORKSHOP.-$33,737
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN CORNETTPresident-$0--
ALLISON CONNERVice PresidePT$0--
JENNE CORNETTSecretaryPT$0--
PAT WEISTTreasurerPT$0--
CARLA WEISTDirectorPT$0--
JAMES SLAPEDirector-$0--
KIMBERLY PARKERExecutive DiPT$0--
Filing and Contact Details

Filer

Filer Name
Venue Inc
EIN
30-1233189
Phone
2527231502
Address
PO BOX 1574, NEWPORT, NC 28570

Signing Officer

Name
Kimberly Parker
Title
Executive Director
Phone
2527231502
Signed
2024-08-28
Discuss with paid preparer
Yes

Preparer

Firm
Bradford H Piner CPA Pa
Address
PO BOX 750, BEAUFORT, NC 28516
Preparer
Bradford H Piner
Phone
2527284832
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising & marketing 3,681 office supplies 480 insurance 395 bank service charge 7 contract labor 599 donations 525 production equipment 5,806 production supplies 10,910 volunteer expenses 251 non-investment depreciation 8,688 total 31,342

Form 990-ez, Part II, Line 24

Mobile stage system 0 31,735 less accumulated depreciation 0 6,347 mac studio computer 0 4,663 less accumulated depreciation 0 933 magic keyboard & trackpad 0 371 less accumulated depreciation 0 74 pipe & drape system 0 6,672 less accumulated depreciation 0 1,334 total 0 34,753

Form 990-ez, Part III

Venue inc is a christian arts company. Our directive is to encourage the body of christ, preach the gospel through the performing arts, and teach the word through multiple art forms. Our goal is to establish a thriving christian arts center where artists are able to worship and use their gifts to serve the lord.

Form 990-ez, Part III, Line 28

In 2023 venue inc created and performed 2 original musical productions titled passover in remembrance and the sacred story. We also celebrated 10 years of original scripture song writing, art and teaching through the release of 2 lps, a summer workshop concert and 2 additional concerts. Venue inc was honored to have 49 volunteers and served 694 attendees at our concerts and summer concert workshop.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING & MARKETING 3,681 OFFICE SUPPLIES 480 INSURANCE 395 BANK SERVICE CHARGE 7 CONTRACT LABOR 599 DONATIONS 525 PRODUCTION EQUIPMENT 5,806 PRODUCTION SUPPLIES 10,910 VOLUNTEER EXPENSES 251 NON-INVESTMENT DEPRECIATION 8,688 TOTAL 31,342
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2VENUE INC IS A CHRISTIAN ARTS COMPANY. OUR DIRECTIVE IS TO ENCOURAGE THE BODY OF CHRIST, PREACH THE GOSPEL THROUGH THE PERFORMING ARTS, AND TEACH THE WORD THROUGH MULTIPLE ART FORMS. OUR GOAL IS TO ESTABLISH A THRIVING CHRISTIAN ARTS CENTER WHERE ARTISTS ARE ABLE TO WORSHIP AND USE THEIR GIFTS TO SERVE THE LORD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN 2023 VENUE INC CREATED AND PERFORMED 2 ORIGINAL MUSICAL PRODUCTIONS TITLED PASSOVER IN REMEMBRANCE AND THE SACRED STORY. WE ALSO CELEBRATED 10 YEARS OF ORIGINAL SCRIPTURE SONG WRITING, ART AND TEACHING THROUGH THE RELEASE OF 2 LPS, A SUMMER WORKSHOP CONCERT AND 2 ADDITIONAL CONCERTS. VENUE INC WAS HONORED TO HAVE 49 VOLUNTEERS AND SERVED 694 ATTENDEES AT OUR CONCERTS AND SUMMER CONCERT WORKSHOP.
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