Civic Intelligence

Arts & Cultural Council of The

EIN 54-1467947 • 501(c)3 • Galax, VA

Profile

Purpose is to promote arts through community involvement of businesses, governments, schools and individuals in the twin counties and to provide educational services for and about the arts.

PO Box 492Galax, VA 24333

www.artsculuralcouncil.org

Siviq Scores

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

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

28th percentile

-12%

Higher net margin than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

94th percentile

$27,625

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 43.6% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

32nd percentile

-18%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

72nd percentile

20%

Faster revenue growth than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$16,074

Down $17,573 (-52%) from 2023

Liabilities

Up

$2,292

Up $437 (+24%) from 2023

Net Assets

Down

$13,782

Down $18,010 (-57%) from 2023

Revenue

Down

$54,466

Down $933 (-1.7%) from 2023

Expenses

Up

$72,476

Up $10,268 (+17%) from 2023

Net Income

Down

-$18,010

Down $11,201 (-165%) from 2023

Trend Graphs

Balance Sheet Trend

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

$100K$50K$0Assets 2012: $96,350Liabilities 2012: $299Net Assets 2012: $96,0512012Assets 2013: $94,497Liabilities 2013: $642Net Assets 2013: $93,8552013Assets 2014: $96,001Liabilities 2014: $642Net Assets 2014: $95,3592014Assets 2015: $84,382Liabilities 2015: $1,410Net Assets 2015: $82,9722015Assets 2016: $61,684Liabilities 2016: $1,326Net Assets 2016: $60,3582016Assets 2017: $55,836Liabilities 2017: $1,326Net Assets 2017: $54,5102017Assets 2018: $50,380Liabilities 2018: $1,326Net Assets 2018: $49,0542018Assets 2019: $48,997Liabilities 2019: $1,326Net Assets 2019: $47,6712019Assets 2020: $44,061Liabilities 2020: $6,951Net Assets 2020: $37,1102020Assets 2021: $53,429Liabilities 2021: $1,938Net Assets 2021: $51,4912021Assets 2022: $41,069Liabilities 2022: $2,468Net Assets 2022: $38,6012022Assets 2023: $33,647Liabilities 2023: $1,855Net Assets 2023: $31,7922023Assets 2024: $16,074Liabilities 2024: $2,292Net Assets 2024: $13,7822024

Highlighted filing

2024

Assets$16,074
Liabilities$2,292
Net Assets$13,782

Operations Trend

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

$100K$50K$0-$50KRevenue 2012: $82,488Expenses 2012: $89,261Net Income 2012: -$6,7732012Revenue 2013: $80,004Expenses 2013: $82,200Net Income 2013: -$2,1962013Revenue 2014: $80,730Expenses 2014: $79,226Net Income 2014: $1,5042014Revenue 2015: $64,942Expenses 2015: $77,329Net Income 2015: -$12,3872015Revenue 2016: $61,094Expenses 2016: $83,708Net Income 2016: -$22,6142016Revenue 2017: $60,494Expenses 2017: $66,342Net Income 2017: -$5,8482017Revenue 2018: $57,187Expenses 2018: $62,643Net Income 2018: -$5,4562018Revenue 2019: $60,147Expenses 2019: $61,530Net Income 2019: -$1,3832019Revenue 2020: $53,252Expenses 2020: $63,813Net Income 2020: -$10,5612020Revenue 2021: $63,306Expenses 2021: $48,925Net Income 2021: $14,3812021Revenue 2022: $46,091Expenses 2022: $58,981Net Income 2022: -$12,8902022Revenue 2023: $55,399Expenses 2023: $62,208Net Income 2023: -$6,8092023Revenue 2024: $54,466Expenses 2024: $72,476Net Income 2024: -$18,0102024

Highlighted filing

2024

Revenue$54,466
Expenses$72,476
Net Income-$18,010

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.1$2.29$13.8$54.5$72.5$18.0
2023Detailed filing. Detailed filing data is available for this year.$33.6$1.86$31.8$55.4$62.2$6.81
2022Detailed filing. Detailed filing data is available for this year.$41.1$2.47$38.6$46.1$59.0$12.9
2021Detailed filing. Detailed filing data is available for this year.$53.4$1.94$51.5$63.3$48.9$14.4
2020Detailed filing. Detailed filing data is available for this year.$44.1$6.95$37.1$53.3$63.8$10.6
2019Detailed filing. Detailed filing data is available for this year.$49.0$1.33$47.7$60.1$61.5$1.38
2018Detailed filing. Detailed filing data is available for this year.$50.4$1.33$49.1$57.2$62.6$5.46
2017Detailed filing. Detailed filing data is available for this year.$55.8$1.33$54.5$60.5$66.3$5.85
2016Detailed filing. Detailed filing data is available for this year.$61.7$1.33$60.4$61.1$83.7$22.6
2015Detailed filing. Detailed filing data is available for this year.$84.4$1.41$83.0$64.9$77.3$12.4
2014Detailed filing. Detailed filing data is available for this year.$96.0$0.64$95.4$80.7$79.2$1.50
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$94.5$0.64$93.9$80.0$82.2$2.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$96.4$0.30$96.1$82.5$89.3$6.77
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$54,466
Mission and Program Overview

Mission

Purpose is to promote arts through community involvement of businesses, governments, schools and individuals in the Twin Counties and to provide educational services for and about the arts.

Program Services

DescriptionGrantsExpenses
PERFORMANCES: STORIES OF THE STITCH NEW RIVER BELL ENSEMBLE CONCERTS THEATER GUILD GALA TWIN COUNTY HOLIDAY EXTRAVGANZA MISSOULA CHILDERNS THEATER COMMUNITY THEATER PRODUCTIONS VARIOUS ENRICHMENT CLASSES MORE THAN 455 ARTISTS AND OVER 10,700 PEOPLES WERE GIVEN THE OPPORTUNITY TO SEE ART CONVENIENTLY IN VARIOUS FORMATS.-$72,476
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATIE LIPEPresident-$0--
LAURA ROMANOWSKIExecutive DiFT$0--
REBECCA ARRINGTONVice Preside-$0--
MATTHEW GREENETreasurer-$0--
BRENDA LINDSEYSecretary-$0--
DENNY BROOMSDirector-$0--
SHARON REASONERDirector-$0--
PATRICK BUTLERDirector-$0--
LINDA COOLEYDirector-$0--
SHARON DYTRTDirector-$0--
KATE FRIEDLDirector-$0--
CHARLOTTE FRYEDirector-$0--
ASHLEY JURNEYDirector-$0--
CAROL MORRISDirector-$0--
ANN WATSONDirector-$0--
DANA WOODELDirector-$0--
DENNIS WYMERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Arts & Cultural Council of the
EIN
54-1467947
Phone
2762381217
Address
PO BOX 492, GALAX, VA 24333

Signing Officer

Name
Laura Romanowski
Title
Executive Director
Phone
2762381217
Signed
2025-05-15

Preparer

Firm
Keen Proffitt & Co Pc Dba Proff
Address
468 E MAIN ST 214, ABINGDON, VA 24210-3408
Preparer
Travis a Proffitt CPA
Phone
2766763004
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 4,078 882 cost of programs 6,229 program contracts 7,678 contract labor 690 dues & subscriptions 601 supplies 3,611 advertising 161 licenses & permits 110 investment fees 208 bank charges 281 non-investment depreciation 436 total 24,965

Form 990-ez, Part II, Line 24

Machinery & equip 9,700 9,700 less accumulated depreciation 8,175 8,611 total 1,525 1,089

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,855 2,292

Form 990-ez, Part III

Purpose is to promote arts through community involvement of businesses, governments, schools and individuals in the twin counties and to provide educational services for and about the arts.

Form 990-ez, Part III, Line 28

Performances: stories of the stitch new river bell ensemble concerts theater guild gala twin county holiday extravganza missoula childerns theater community theater productions various enrichment classes more than 455 artists and over 10,700 peoples were given the opportunity to see art conveniently in various formats.

Raw XML Appendix184 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 4,078 882 COST OF PROGRAMS 6,229 PROGRAM CONTRACTS 7,678 CONTRACT LABOR 690 DUES & SUBSCRIPTIONS 601 SUPPLIES 3,611 ADVERTISING 161 LICENSES & PERMITS 110 INVESTMENT FEES 208 BANK CHARGES 281 NON-INVESTMENT DEPRECIATION 436 TOTAL 24,965
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MACHINERY & EQUIP 9,700 9,700 LESS ACCUMULATED DEPRECIATION 8,175 8,611 TOTAL 1,525 1,089
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,855 2,292
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PURPOSE IS TO PROMOTE ARTS THROUGH COMMUNITY INVOLVEMENT OF BUSINESSES, GOVERNMENTS, SCHOOLS AND INDIVIDUALS IN THE TWIN COUNTIES AND TO PROVIDE EDUCATIONAL SERVICES FOR AND ABOUT THE ARTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PERFORMANCES: STORIES OF THE STITCH NEW RIVER BELL ENSEMBLE CONCERTS THEATER GUILD GALA TWIN COUNTY HOLIDAY EXTRAVGANZA MISSOULA CHILDERNS THEATER COMMUNITY THEATER PRODUCTIONS VARIOUS ENRICHMENT CLASSES MORE THAN 455 ARTISTS AND OVER 10,700 PEOPLES WERE GIVEN THE OPPORTUNITY TO SEE ART CONVENIENTLY IN VARIOUS FORMATS.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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