LEA COUNTY COMMISSION FOR THE ARTS

EIN: 850481239 501(c)(3) Arts, Culture & Humanities

HOBBS, NM

Total Revenue
$52,556
Total Expenses
$59,574
Total Assets
$502,899
Net Assets
$502,681
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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NM
Principal Officer
ERICA ARMSTRONG
Phone
5753972787
Tax Period
2018-07-01 to 2019-06-30

LEA COUNTY COMMISSION FOR THE ARTS, founded in 2000, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $53K in total revenue in fiscal year 2018. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $60K exceeded revenue, resulting in a 13% operating deficit.

Mission

THE PURPOSE OF LEA COUNTY COMMISSION FOR THE ARTS IS TO EDUCATE CHILDREN AND THE COMMUNITY OF THE IMPORTANCE OF USING CREATIVE SKILLS AND TALENTS.

Program Service Accomplishments

Program 1
Expenses: $22,396 Revenue: $2,623

LEA COUNTY COMMISSION OF THE ARTS EDUCATES CHILDREN AND THE COMMUNITY OF THE IMPORTANCE OF USING CREATIVE SKILLS AND TALENTS. ONE OF THE MAJOR PROGRAMS IS MAINTAINING AN ART CENTER OF LOCAL ARTWORK...

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LEA COUNTY COMMISSION OF THE ARTS EDUCATES CHILDREN AND THE COMMUNITY OF THE IMPORTANCE OF USING CREATIVE SKILLS AND TALENTS. ONE OF THE MAJOR PROGRAMS IS MAINTAINING AN ART CENTER OF LOCAL ARTWORK THAT IS OPEN TO THE GENERAL PUBLIC. AN ANNUAL CHRISTMAS PROGRAM FEATURES LIVE PERFORMANCES OF MUSIC AND DANCE. THE WALKER AWARDS IS AN ANNUAL BANQUET THAT HONORS ARTISTS IN LEA COUNTY WHO HAVE MADE SIGNIFICANT LIFETIME ACHIEVEMENT IN THE ARTS.

Program 2
Expenses: $17,728

DOWNTOWN SOUNDS PROGRAM - A FREE ANNUAL SUMMER CONCERT SERIES THAT DRAWS OVER 2,000 PEOPLE TO DOWNTOWN HOBBS EVERY YEAR.

Program 3
Expenses: $3,004

AFTER SCHOOL AND SUMMER ART PROGRAM - THE WEDNESDAY CHILDREN'S AFTER SCHOOL ART CLASS RUNS EVERY SCHOOL YEAR AT THE CENTER FOR THE ARTS, AND A FIVE WEEK OF SUMMER ART CLASSES SERVE UP TO 30 STUDENTS...

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AFTER SCHOOL AND SUMMER ART PROGRAM - THE WEDNESDAY CHILDREN'S AFTER SCHOOL ART CLASS RUNS EVERY SCHOOL YEAR AT THE CENTER FOR THE ARTS, AND A FIVE WEEK OF SUMMER ART CLASSES SERVE UP TO 30 STUDENTS PER CLASS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $39,436
Program Service Revenue $10,498
Investment Income $0
Other Revenue $2,622
TOTAL REVENUE $52,556

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,238
Fundraising Expenses $8,113
Program Expenses $43,128
Other Expenses $53,336
TOTAL EXPENSES $59,574

Year-over-Year Comparison

2018 2017 Change
Revenue $52,556 $81,241 -0.4%
Expenses $59,574 $101,951 -0.4%
Net Income $-7,018 $-20,710 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
N/A
Employees
1
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL NEWEY DIRECTOR 1.00
Director
$0 $0 $0
TRIFFNEY LEIK DIRECTOR 1.00
Director
$0 $0 $0
GABRIELLE PAYNE DIRECTOR 1.00
Director
$0 $0 $0
DEB MITCHELL DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE MITCHELL DIRECTOR 1.00
Director
$0 $0 $0
ASH BAER DIRECTOR 1.00
Director
$0 $0 $0
LAURA BREWSTER DIRECTOR 1.00
Director
$0 $0 $0
DOUGLAS LEVY PROGRAM DIRE 1.00
Director
$0 $0 $0
VERA MATTHEWS DIRECTOR 1.00
Director
$0 $0 $0
BRYAN CROSS DIRECTOR 1.00
Director
$0 $0 $0
ERICA ARMSTRONG PRESIDENT 1.00
Officer
$0 $0 $0
RENNE CLAUNCH VICE PRESIDE 1.00
Officer
$0 $0 $0
ROBERT SCHUMACHER SECRETARY 1.00
Officer
$0 $0 $0
PAULIE GLADDEN TREASURER 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $52,556 $59,574 $502,899 $-7,018
2018 $81,241 $101,951 $509,916 $-20,710
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