2025-02-12T13:18:30-06:00 2024-06-30 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 266 INMAN STREET EAST CLEVELAND TN 37311 990 2023-07-01 621097707 ATHENS AREA COUNCIL FOR THE ARTS ATHE 4237458781 320 NORTH WHITE STREET ATHENS TN 37303 LAUREN SHEPHERD EXECUTIVE DIRECTOR 4237458781 2025-02-06 1 0 KAREN A CLEMENT CPA P00750546 4237083980 2025-01-27 2023 2025-03-06 01:10:19Z LAUREN SHEPHERD 320 NORTH WHITE STREET ATHENS TN 37303 1134774 0 X WWW.ATHENSARTCOUNCIL.ORG X 1979 TN 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. 15 15 7 125 0 0 1123586 909294 148096 180747 43 36 53805 44697 1325530 1134774 0 0 0 0 141448 146576 0 0 9259 408102 349029 549550 495605 775980 639169 1732650 2493161 6634 127976 1726016 2365185 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. 0 0 67486 152553 TO ENRICH THE QUALITY OF LIFE AND PROVIDE OPPORTUNITIES FOR THE EXPRESSION AND APPRECIATION OF THE ARTS. 231779 30483 OFFERS DAILY CLASSES IN ART, MUSIC, DRAMA, AND DANCE. 299265 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X LAUREN SHEPHERD 4237458781 320 N WHITE STREET ATHENS TN 37303 MIA MATIAS BOARD MEMBER 1.00 X 0 0 0 RENEE GRAYSON BOARD MEMBER 1.00 X 0 0 0 AMY SULLINS BOARD MEMBER 1.00 X 0 0 0 BRAD MCKENZIE BOARD MEMBER 1.00 X 0 0 0 TERRY STANSELL BOARD MEMBER 1.00 X 0 0 0 KAREN SIKLOSI BOARD MEMBER 1.00 X 0 0 0 CYNTHIA MCCOWEN BOARD MEMBER 1.00 X 0 0 0 PATTI GREEK PERSONNEL CHAIRPERSON 1.00 X 0 0 0 KATIE SUMNER AT LARGE MEMBER 1.00 X 0 0 0 LAURA LENOIR AT LARGE MEMBER 1.00 X 0 0 0 RUSTY PATTERSON SECRETARY/TREASURER 1.00 X 0 0 0 LAUREL WOOD VICE PRESIDENT 1.00 X 0 0 0 JIM BAGLEY VICE PRESIDENT 1.00 X 0 0 0 SCOTTIE MAYFIELD PRESIDENT 1.00 X 0 0 0 LAUREN SHEPHERD EXECUTIVE DIRECTOR 40.00 X X 46729 0 0 ART KIMBALL PAST PRESIDENT 1.00 X 0 0 0 46729 0 0 0 0 0 0 0 247462 661832 909294 ART MARKET/EXHIBITIONS 713990 150264 150264 TUITION AND FEES 713990 30483 30483 180747 36 36 2941 0 2941 2941 2941 39467 0 39467 39467 2289 0 2289 2289 1134774 183036 0 42444 X 46729 32710 11682 2337 89862 62904 22465 4493 9985 6990 2496 499 20572 20572 70418 68806 1612 15844 15794 50 15299 13006 2293 6500 6500 72136 72136 21903 21503 400 12125 12125 32192 22534 9658 10145 10145 PRINTING AND POSTAGE 18149 14767 3382 INSTRUCTOR FEES 10620 10620 MISCELLANEOUS EXPENSE 9488 9488 DUES AND FEES 8594 8594 25044 11006 12108 1930 495605 299265 187081 9259 72141 87852 15105 15109 95906 4050 5295 15285 1269240 513683 703390 755557 836763 1619358 1732650 2493161 2267 805 4367 17171 0 110000 6634 127976 X 1726016 2365185 1726016 2365185 1732650 2493161 639169 0 X X 0 1 X 1 0 X 212036 187172 158745 1123543 909294 2590790 212036 187172 158745 1123543 909294 2590790 2590790 29 29 42 43 36 179 2590969 0.99990 0.99970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 117700 117700 937570 366584 570986 45162 43840 1322 168808 103259 65549 755557 CONSTRUCTION IN PROGRESS 1619358 1619358 LINE OF CREDIT 110000 110000 X 1134774 0 1134774 0 1134774 495605 0 495605 0 495605 PART X, LINE 2: THE ORGANIZATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FASB ASC TOPIC 740, INCOME TAXES. USING THIS GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. SUCH TAX POSITIONS INITIALLY AND SUBSEQUENTLY NEED TO BE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE TAX AUTHORITY ASSUMING FULL KNOWLEDGE OF THE POSITION AND RELEVANT FACTS. BASED ON ITS EVALUATION, THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. THE ORGANIZATION'S EVALUATION WAS PERFORMED FOR THE TAX YEARS ENDED JUNE 30, 2021 THROUGH JUNE 30, 2024, FOR BOTH U.S. FEDERAL INCOME TAX AND THE STATE OF TENNESSEE. THESE ARE THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF THE YEARS ENDED JUNE 30, 2024 AND 2023. GALA 23792 23792 PARTNER'S PROGRAM 15675 15675 39467 39467 39467 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 ORGANIZATIONS OFFICE. FORM 990, PART IX, LINE 11G ARTIST FEES/COMMISSIONS: PROGRAM SERVICE EXPENSES 67,486. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 67,486. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 1,320. MANAGEMENT AND GENERAL EXPENSES 1,612. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,932. FORM 990, PART IX, LINE 24E MERCHANT SERVICE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 7,393. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,393. MERCHANDISE: PROGRAM SERVICE EXPENSES 4,378. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,378. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,500. AWARDS: PROGRAM SERVICE EXPENSES 2,782. MANAGEMENT AND GENERAL EXPENSES 144. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,926. EQUIPMENT: PROGRAM SERVICE EXPENSES 2,716. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,716. FUNDRAISER EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 1,930. TOTAL EXPENSES 1,930. PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,130. MANAGEMENT AND GENERAL EXPENSES 139. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,269. LEASE EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 932. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 932. FORM XII LINE 2C NO CHANGES FROM PRIOR YEAR.