Civic Intelligence

Stanly Arts Guild

EIN 56-1344302 • 501(c)3 • Albemarle, NC

Profile

The mission of the stanly arts guild is to introduce the public to the talented artists in the area while promoting the practice, teaching and appreciation of fine arts in the stanly county region; to sponsor educational opportunities for potential artists; to nurture beginning artists with developing skills in how to promote, display and market their work while providing them with the opportunity to show their work, compete in exhibitions and gain recognition; and to make art a part of the lives of everyone in our community, including children, the elderly, veterans, the disadvantaged, and the mentally and physically handicapped.

330-c N Second StreetAlbemarle, NC 28001

stanlyartsguild.com

Siviq Scores

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

Liabilities / Assets

66th percentile

0.01x

Higher debt load relative to assets than 66% of similar nonprofits.

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

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

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

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

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

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

77th percentile

21%

Faster asset growth than 77% of similar nonprofits.

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

Revenue Growth

48th percentile

-2.4%

Faster revenue growth than 48% of similar nonprofits.

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

Assets

Up

$23,109

Up $3,957 (+21%) from 2022

Liabilities

Down

$242

Down $65 (-21%) from 2022

Net Assets

Up

$22,867

Up $4,022 (+21%) from 2022

Revenue

Down

$30,121

Down $740 (-2.4%) from 2022

Expenses

Down

$26,100

Down $13,080 (-33%) from 2022

Net Income

Up

$4,021

Up $12,340 (+148%) from 2022

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $50,411Liabilities 2011: $3382011Assets 2012: $18,742Liabilities 2012: $3262012Assets 2013: $23,582Liabilities 2013: $3212013Assets 2014: $21,360Liabilities 2014: $3282014Assets 2015: $19,751Liabilities 2015: $2632015Assets 2016: $19,222Liabilities 2016: $3692016Assets 2017: $19,584Liabilities 2017: $3372017Assets 2018: $19,776Liabilities 2018: $4492018Assets 2019: $13,286Liabilities 2019: $4112019Assets 2020: $10,689Liabilities 2020: $432020Assets 2021: $27,434Liabilities 2021: $270Net Assets 2021: $27,1642021Assets 2022: $19,152Liabilities 2022: $307Net Assets 2022: $18,8452022Assets 2023: $23,109Liabilities 2023: $242Net Assets 2023: $22,8672023

Highlighted filing

2023

Assets$23,109
Liabilities$242
Net Assets$22,867

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2011: $20,404Expenses 2011: $18,190Net Income 2011: $2,2142011Revenue 2012: $34,238Expenses 2012: $29,699Net Income 2012: $4,5392012Revenue 2013: $28,345Expenses 2013: $23,500Net Income 2013: $4,8452013Revenue 2014: $24,962Expenses 2014: $27,191Net Income 2014: -$2,2292014Revenue 2015: $29,916Expenses 2015: $31,460Net Income 2015: -$1,5442015Revenue 2016: $28,507Expenses 2016: $29,142Net Income 2016: -$6352016Revenue 2017: $30,185Expenses 2017: $29,791Net Income 2017: $3942017Revenue 2018: $34,418Expenses 2018: $34,338Net Income 2018: $802018Revenue 2019: $17,828Expenses 2019: $24,280Net Income 2019: -$6,4522019Revenue 2020: $23,329Expenses 2020: $25,558Net Income 2020: -$2,2292020Revenue 2021: $46,673Expenses 2021: $30,155Net Income 2021: $16,5182021Revenue 2022: $30,861Expenses 2022: $39,180Net Income 2022: -$8,3192022Revenue 2023: $30,121Expenses 2023: $26,100Net Income 2023: $4,0212023

Highlighted filing

2023

Revenue$30,121
Expenses$26,100
Net Income$4,021

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$42,794
Mission and Program Overview

Mission

The mission of the stanly arts guild is to introduce the public to the talented artists in the area while promoting the practice, teaching and appreciation of fine arts in the stanly county region; to sponsor educational opportunities for potential artists; to nurture beginning artists with developing skills in how to promote, display and market their work while providing them with the opportunity to show their work, compete in exhibitions and gain recognition; and to make art a part of the lives of everyone in our community, including children, the elderly, veterans, the disadvantaged, and the mentally and physically handicapped.

Program Services

DescriptionGrantsExpenses
ART AND CRAFT EXHIBITS TO SHOWCASE AREA ARTISANS. APPROXIMATELY 30 ARTISTS AND CRAFTSMEN PARTICIPATE WITH AN ADDITIONAL 75 IN ATTENDANCE.-$5,564
PROVIDE COLLEGE SCHOLARSHIPS TO STUDENTS MAJORING IN ART. THREE SCHOLARSHIPS AWARDED DURING THE YEAR.$2,000$2,000
PRESENT DEMONSTRATIONS BY ACCOMPLISHED ARTISTS TO PROMOTE "THE ARTS" IN THE COMMUNITY. APPROXIMATELY 40 IN ATTENDANCE.-$730
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WENDY HILLHOUSEPresidentPT$0--
MATT STEEDVice-Preside-$0--
KATHY ALMONDTreasurer-$0--
CAROLE POPLINRecording Se-$0--
VICKI GALLOWAYMember-At-La-$0--
Filing and Contact Details

Filer

Filer Name
Stanly Arts Guild
EIN
56-1344302
Phone
7049834278
Address
330-C N SECOND STREET, ALBEMARLE, NC 28001

Signing Officer

Name
Wendy Hillhouse
Title
President
Signed
2023-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Beane Swaringen & Company Pllc
Address
PO BOX 908, ALBEMARLE, NC 28002
Preparer
Cynthia H Beane
Phone
7049820126
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Art shows cash prizes 4,205 ribbons 183 reception supplies 172 miscellaneous 64 charitable contributions 100 expenses advertising and promotion 72 office supplies 304 credit card fees 516 dues and subscriptions 320 conferences/meetings 853 insurance 648 miscellaneous 209 operational supplies 299 total 7,945

Form 990-ez, Part II, Line 26

Sales tax payable 257 242 gift certificates 50 0

Form 990-ez, Part III

The mission of the stanly arts guild is to introduce the public to the talented artists in the area while promoting the practice, teaching and appreciation of fine arts in the stanly county region; to sponsor educational opportunities for potential artists; to nurture beginning artists with developing skills in how to promote, display and market their work while providing them with the opportunity to show their work, compete in exhibitions and gain recognition; and to make art a part of the lives of everyone in our community, including children, the elderly, veterans, the disadvantaged, and the mentally and physically handicapped.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ART SHOWS CASH PRIZES 4,205 RIBBONS 183 RECEPTION SUPPLIES 172 MISCELLANEOUS 64 CHARITABLE CONTRIBUTIONS 100 EXPENSES ADVERTISING AND PROMOTION 72 OFFICE SUPPLIES 304 CREDIT CARD FEES 516 DUES AND SUBSCRIPTIONS 320 CONFERENCES/MEETINGS 853 INSURANCE 648 MISCELLANEOUS 209 OPERATIONAL SUPPLIES 299 TOTAL 7,945
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SALES TAX PAYABLE 257 242 GIFT CERTIFICATES 50 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MISSION OF THE STANLY ARTS GUILD IS TO INTRODUCE THE PUBLIC TO THE TALENTED ARTISTS IN THE AREA WHILE PROMOTING THE PRACTICE, TEACHING AND APPRECIATION OF FINE ARTS IN THE STANLY COUNTY REGION; TO SPONSOR EDUCATIONAL OPPORTUNITIES FOR POTENTIAL ARTISTS; TO NURTURE BEGINNING ARTISTS WITH DEVELOPING SKILLS IN HOW TO PROMOTE, DISPLAY AND MARKET THEIR WORK WHILE PROVIDING THEM WITH THE OPPORTUNITY TO SHOW THEIR WORK, COMPETE IN EXHIBITIONS AND GAIN RECOGNITION; AND TO MAKE ART A PART OF THE LIVES OF EVERYONE IN OUR COMMUNITY, INCLUDING CHILDREN, THE ELDERLY, VETERANS, THE DISADVANTAGED, AND THE MENTALLY AND PHYSICALLY HANDICAPPED.
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