Civic Intelligence

Athens Area Council for the Arts

EIN 62-1097707 • 501(c)3 • Athens, TN

Profile

To enrich the quality of life and make a difference for the mcminn county community by providing opportunities for the expression and appreciation of the arts.

320 North White StreetAthens, TN 37303

www.athensartcouncil.org

Siviq Scores

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

Liabilities / Assets

36th percentile

0.02x

Higher debt load relative to assets than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

48th percentile

0.06x

Higher debt load relative to revenue than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

72nd percentile

19%

Higher net margin than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

48th percentile

$46,729

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

43rd percentile

1.2%

Faster asset growth than 43% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

7th percentile

-45%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$2,522,977

Up $29,816 (+1.2%) from 2024

Liabilities

Down

$39,730

Down $88,246 (-69%) from 2024

Net Assets

Up

$2,483,247

Up $118,062 (+5.0%) from 2024

Revenue

Down

$625,811

Down $508,963 (-45%) from 2024

Expenses

Up

$507,749

Up $12,144 (+2.5%) from 2024

Net Income

Down

$118,062

Down $521,107 (-82%) from 2024

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $763,573Liabilities 2011: $77,458Net Assets 2011: $686,1152011Assets 2012: $735,903Liabilities 2012: $49,541Net Assets 2012: $686,3622012Assets 2013: $729,135Liabilities 2013: $3,356Net Assets 2013: $725,7792013Assets 2014: $764,232Liabilities 2014: $5,973Net Assets 2014: $758,2592014Assets 2015: $746,016Liabilities 2015: $4,916Net Assets 2015: $741,1002015Assets 2016: $766,581Liabilities 2016: $6,277Net Assets 2016: $760,3042016Assets 2017: $710,455Liabilities 2017: $9,489Net Assets 2017: $700,9662017Assets 2018: $724,221Liabilities 2018: $12,026Net Assets 2018: $712,1952018Assets 2019: $683,397Liabilities 2019: $11,917Net Assets 2019: $671,4802019Assets 2020: $897,788Liabilities 2020: $81,190Net Assets 2020: $816,5982020Assets 2021: $1,296,262Liabilities 2021: $364,602Net Assets 2021: $931,6602021Assets 2022: $1,558,461Liabilities 2022: $608,425Net Assets 2022: $950,0362022Assets 2023: $1,732,650Liabilities 2023: $6,634Net Assets 2023: $1,726,0162023Assets 2024: $2,493,161Liabilities 2024: $127,976Net Assets 2024: $2,365,1852024Assets 2025: $2,522,977Liabilities 2025: $39,730Net Assets 2025: $2,483,2472025

Highlighted filing

2025

Assets$2,522,977
Liabilities$39,730
Net Assets$2,483,247

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $270,166Expenses 2011: $256,054Net Income 2011: $14,1122011Revenue 2012: $266,346Expenses 2012: $266,099Net Income 2012: $2472012Expenses 2013: $257,2192013Revenue 2014: $287,167Expenses 2014: $254,687Net Income 2014: $32,4802014Revenue 2015: $240,430Expenses 2015: $257,589Net Income 2015: -$17,1592015Revenue 2016: $275,739Expenses 2016: $255,090Net Income 2016: $20,6492016Revenue 2017: $244,084Expenses 2017: $301,237Net Income 2017: -$57,1532017Revenue 2018: $277,572Expenses 2018: $264,288Net Income 2018: $13,2842018Revenue 2019: $313,125Expenses 2019: $322,396Net Income 2019: -$9,2712019Revenue 2020: $435,700Expenses 2020: $290,582Net Income 2020: $145,1182020Revenue 2021: $290,398Expenses 2021: $175,336Net Income 2021: $115,0622021Revenue 2022: $342,607Expenses 2022: $324,231Net Income 2022: $18,3762022Revenue 2023: $1,325,530Expenses 2023: $549,550Net Income 2023: $775,9802023Revenue 2024: $1,134,774Expenses 2024: $495,605Net Income 2024: $639,1692024Revenue 2025: $625,811Expenses 2025: $507,749Net Income 2025: $118,0622025

Highlighted filing

2025

Revenue$625,811
Expenses$507,749
Net Income$118,062

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$0.04$2.48$0.63$0.51$0.12
2024Detailed filing. Detailed filing data is available for this year.$2.49$0.13$2.37$1.13$0.50$0.64
2023Detailed filing. Detailed filing data is available for this year.$1.73$0.01$1.73$1.33$0.55$0.78
2022Detailed filing. Detailed filing data is available for this year.$1.56$0.61$0.95$0.34$0.32$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.36$0.93$0.29$0.18$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.90$0.08$0.82$0.44$0.29$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.68$0.01$0.67$0.31$0.32$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.72$0.01$0.71$0.28$0.26$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.71$0.01$0.70$0.24$0.30$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.77$0.01$0.76$0.28$0.26$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.74$0.24$0.26$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.76$0.01$0.76$0.29$0.25$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.00$0.73$0.26
2012Summary only. Only limited summary data is available for this year.$0.74$0.05$0.69$0.27$0.27$0.00
2011Summary only. Only limited summary data is available for this year.$0.76$0.08$0.69$0.27$0.26$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 20, 2025
Return Version
2024v5.2
Gross Receipts
$640,152
Mission and Program Overview

Mission

To expose our community to the arts

To enrich the quality of life and make a difference for the mcminn county community by providing opportunities for the expression and appreciation of the arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$755,557$2,334,443▲ $1,578,886
Cash and Non-Interest-Bearing Accounts$87,852$159,948▲ $72,096
Savings and Temporary Cash Investments$15,109$15,107▼ $2
Prepaid Expenses and Deferred Charges$15,285$11,479▼ $3,806
Accounts Receivable$0$2,000▲ $2,000
Total Assets$2,493,161$2,522,977▲ $29,816
Other Assets Total$1,619,358$0▼ $1,619,358
Liabilities
Other Liabilities$110,000$20,000▼ $90,000
Deferred Revenue$17,171$18,543▲ $1,372
Accounts Payable and Accrued Expenses$805$1,187▲ $382
Total Liabilities$127,976$39,730▼ $88,246
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,365,185$2,483,247▲ $118,062
Total Net Assets Fund Balance$2,365,185$2,483,247▲ $118,062
Total Liabilities and Net Assets / Fund Balance$2,493,161$2,522,977▲ $29,816

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,161,374$426,676$2,588,050
Equipment$54,389$114,419$168,808
Land$117,700-$117,700
Leasehold Improvements$980$44,182$45,162
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lauren ShepherdExecutive DirectorFT$46,729$46,729

Board Members and Trustees

NameTitle
Patti GreekPersonnel Chair
Scottie MayfieldPast President
Jim BagleyVice President
Rusty PattersonVice President
Amy SullinsBoard Member
Brad MckenzieBoard Member
Brenda MitchellBoard Member
Cynthia MccowanBoard Member
Grant WillhiteBoard Member
Mia MatiasBoard Member
Mike DannelBoard Member
Renee TrewBoard Member
Sandra KinneyBoard Member
Terry StansellBoard Member
Debbie MayfieldEx-officio Member
Karen SiklosiSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$399,802
Program Service Revenue
$224,419
Investment Income
$40
Other Revenue
$1,550
All Other Contributions
$217,497
Change in Net Assets
$118,062

Audited Revenue Reconciliation

Revenue per Audited Statements
$640,152
Revenue Not Reported on Financial Statements
$-14,341
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-14,341
Total Revenue per Audited Statements
$640,152
Total Revenue per Form 990
$625,811
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$370,042
Salaries, Compensation, and Employee Benefits$137,707
Total Fundraising Expense$6,885
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$101,641$625-$102,266
Other Salaries and Wages$57,995$18,183$3,636$79,814
Depreciation Depletion$50,117$21,478-$71,595
Occupancy-$66,493-$66,493
Current Officers, Directors, Trustees, and Key Employees$32,710$11,682$2,337$46,729
Fees for Services Accounting-$24,008-$24,008
Travel$15,789$37-$15,826
Insurance-$12,665-$12,665
Office Expenses$10,577$1,592-$12,169
Payroll Taxes$4,010$3,962$792$8,764
All Other Expenses$6,948$1,212-$8,160
Information Technology$8,000--$8,000
Other Expenses$8,978$7,567-$7,567
Advertising$7,135$49-$7,184
Interest$3,581--$3,581
Other Employee Benefits$1,680$600$120$2,400
Total Functional Expenses$319,219$181,645$6,885$507,749

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$522,090
Expenses per Audited Statements$507,749
Total Expenses per Form 990$507,749
Expenses Not Reported on Form 990$14,341
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$11,574
Fundraising Gross Income$10,650
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$31,975$10,650$1,550$9,100
Total Events$31,975$10,650$11,574$-924
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$20,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Members of the board of directors will review form 990.

Form 990, Part VI, Section C, Line 19

A copy of form 990 will be available to view by the public at the organization's office.

Filing and Contact Details

Filer

Filer Name
Athens Area Council for the Arts
EIN
62-1097707
Phone
4237458781
Address
320 NORTH WHITE STREET, ATHENS, TN 37303

Signing Officer

Name
Lauren Shepherd
Title
Executive Director
Phone
4237458781
Signed
2025-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lauren Shepherd
Formed
1979
Legal Domicile
Tn
Voting Board Members
15
Independent Board Members
15
Employees
7
Volunteers
235

Preparer

Firm
Tarwater & Company Pc
Address
PO BOX 11622, KNOXVILLE, TN 37939
Preparer
Joe Tarwater CPA
Phone
8655840294
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Artist fees/commissions: program service expenses 101,594. Management and general expenses 0. Fundraising expenses 0. Total expenses 101,594. Contract labor: program service expenses 47. Management and general expenses 625. Fundraising expenses 0. Total expenses 672.

FORM 990, PART XII, LINE 2C:

The board approves the selection of an independent accountant who also prepares the financial statements.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Fundraising expenses -11,574. Cost of goods sold -2,767.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 11,574. Cost of goods sold 2,767.

Raw XML AppendixShowing 400 of 539 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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IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
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