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BUSINESS CONSORTIUM FOR ARTS SUPPORT

BUSINESS CONSORTIUM FOR ARTS SUPPORT

Norfolk, VA, US
501(c)3
EIN
54-1437382
Regional Funder
funder logo

BUSINESS CONSORTIUM FOR ARTS SUPPORT

Norfolk, VA, US
501(c)3
EIN
54-1437382
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$760,546

Contributions
>99%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$758,450

Grants
85%
Salaries & Benefits
12%
Other
1%
Fees to Service Providers
<1%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$753,272
$760,475
+1%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$81
$71
-12%
Other
$0
$0
-
Total Revenues
$753,353
$760,546
+1%
Expenses
2023
2024
Change
Grants
$668,201
$647,513
-3%
Benefits to Members
$0
$0
-
Salaries & Benefits
$88,737
$91,429
+3%
Fees to Service Providers
$7,968
$5,436
-32%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$5,344
$5,411
+1%
Interest
$0
$0
-
Depreciation
$436
$454
+4%
Other
$7,832
$8,207
+5%
Total Expenses
$778,518
$758,450
-3%
Net income
2023
2024
Change
Net income
-$25,165
+$2,096
-108%
Functional Expenses
Summary
2023
2024
Change
Program
$696,687
$676,918
-3%
Admin
$42,733
$41,189
-4%
Fundraising
$39,098
$40,343
+3%
Total Expenses
$778,518
$758,450
-3%
Income Statement
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