BARRIER ISLAND GROUP FOR THE ARTS
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$2,546,340
Program Services
48%
Contributions
22%
Fundraising Events
21%
Investments
5%
Other
4%
Government Grants
0%
Membership Dues
0%
Expenses in 2025
$2,756,897
Salaries & Benefits
41%
Other
27%
Offices, Occupancy & IT
18%
Fees to Service Providers
7%
Depreciation
5%
Grants
1%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2024
2025
Change
Contributions
$870,372
$563,695
-35%
Government Grants
$0
$0
-
Fundraising Events
$447,403
$522,225
+17%
Program Services
$376,205
$1,220,195
+224%
Membership Dues
$0
$0
-
Investments
$144,373
$135,064
-6%
Other
$817,050
$105,161
-87%
Total Revenues
$2,655,403
$2,546,340
-4%
Expenses
2024
2025
Change
Grants
$25,000
$30,000
+20%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,028,203
$1,132,426
+10%
Fees to Service Providers
$282,221
$197,619
-30%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$629,348
$502,572
-20%
Interest
$4,349
$3,541
-19%
Depreciation
$141,801
$136,777
-4%
Other
$690,559
$753,962
+9%
Total Expenses
$2,801,481
$2,756,897
-2%
Net income
2024
2025
Change
Net income
-$146,078
-$210,557
-44%
Functional Expenses
Summary
2024
2025
Change
Program
$1,799,856
$1,301,568
-28%
Admin
$743,293
$1,155,649
+55%
Fundraising
$258,332
$299,680
+16%
Total Expenses
$2,801,481
$2,756,897
-2%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)