Nonprofit · EIN 56-1628625
SWANNANOA VALLEY ART LEAGUE
Also known as JOHN H GALBREATH PRES, Swannanoa Valley Fine Arts League
Tax-exempt · BLACK MTN, NC 28711
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $179,627 | $125,119 | $54,508 | $260,935 | $88,903 | $172,032 |
| August 31, 2024 | 990 | $166,303 | $101,210 | $65,093 | $215,373 | $98,288 | $117,085 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $82,538
- Membership dues
- $7,440
- Program service revenue
- $96,036
- Investment income
- $0
- Net income from sales of inventory
- $1,053
- Other revenue
- $1,053
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $665
- Occupancy
- $105,383
- Program services (functional)
- $105,383
- Management and general (functional)
- $19,736
Balance sheet and other
- Total assets, start of year
- $215,373
- Total assets, end of year
- $260,935
- Total liabilities, end of year
- $88,903
- Net assets, end of year
- $172,032
- Land, buildings and equipment
- $132,877
- Net assets without donor restrictions
- $172,032
- Gross receipts
- $247,169
- Employees
- 0
- Year formed
- 1988
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DONNA DAVIS | BOARD MEMBER Trustee or director | 0 | $0 |
| SYLVIA MCCOLLUM | BOARD MEMBER Trustee or director | 0 | $0 |
| ANDREA STUTESMAN | BOARD MEMBER Trustee or director | 0 | $0 |
| RUTH DUCKWORTH | BOARD MEMBER Trustee or director | 0 | $0 |
| VICTORIA ROBERTSON | BOARD MEMBER Trustee or director | 0 | $0 |
| ELAINE ECKERT | BOARD MEMBER Trustee or director | 0 | $0 |
| LORI COZZI | BOARD MEMBER Trustee or director | 0 | $0 |
| FRAN GREENBURG | BOARD MEMBER Trustee or director | 0 | $0 |
| AMBER RATLIFF | BOARD MEMBER Trustee or director | 0 | $0 |
| RHONDA DEHOFF | BOARD MEMBER Trustee or director | 0 | $0 |
| BOB DEHOFF | BOARD MEMBER Trustee or director | 0 | $0 |
| WOODY EISENBERG | BOARD MEMBER Trustee or director | 0 | $0 |
| TERRI LESLIE | BOARD MEMBER Trustee or director | 0 | $0 |
| DONNA GORE | – Trustee or director | 0 | $0 |
| BLAIR WALDICK | TREASURER Officer | 1 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL PENNY | PRESIDENT Officer | 1 | $0 |
| COLEEN HESTER | VICE PRESIDENT Officer | 1 | $0 |
| DENISE WALDICK | SECRETARY Officer | 1 | $0 |
| TINA KANNAPEL | EVENTS CHAIR Officer | 0 | $0 |
| STAN SKEEN | CO-TREASURER Officer | 0 | $0 |
990 for the year ended August 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COLEEN HESTER | VICE PRESIDENT Officer | 1 | $0 |
| HOPE RINEHART | SECRETARY Officer | 1 | $0 |
| DAVID HEARNE | TREASURER Officer | 1 | $0 |
| PAUL PENNY | PRESIDENT Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 101 CHERRY ST, BLACK MTN, NC 28711-3424
- In care of
- % BLAIR WALDICK
- Mailing address (990-N for 2012)
- 310 W State Street, Black Mountain NC 28711
- Principal officer (990-N for 2012)
- Stanley Skeen, 350 Bee Tree Rd, Swannanoa NC 287782235
- Signed the 990
- BLAIR WALDICK, TREASURER
- Phone
- (828) 669-0351
- Website
- svfalarts.org
- Return prepared by
- SLG CPA PLLC
Mission
PROVIDED STUDIO SPACE FOR ARTISTS TO DISPLAY PAINTINGS AND ARTWORK. PROVIDED CLASSES AND WORKSHOPS FOR THE COMMUNITY TO ENHANCE THEIR APPRECIATION FOR AND PARTICIPATION IN THE ARTS
Program accomplishments
- OUR LOCATION MOVED DURING THE YEAR AND WE WERE ABLE TO SIGNIFICANTLY INCREASE OUR SERVICES BETWEEN THE SPACE WE WERE ABLE TO UTILIZE AND THE AMOUNT OF TIME WE WERE ABLE TO USE OUR SPACE TO PROVIDE SERVICES IN DIFFERENT FORMS OF CLASSES AND SHOWCASES.Expenses $105,383
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 56-1628625
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1991
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $260,935
- Income (IRS master file)
- $247,169
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $179,627 | $125,119 | $260,935 | XML |
| 990 | August 2024 | $166,303 | $101,210 | $215,373 | XML |
| 990-EZ | August 2023 | – | – | – | IRS |
| 990-EZ | August 2022 | – | – | – | IRS |
| 990-EZ | August 2021 | – | – | – | IRS |
| 990-EZ | August 2020 | – | – | – | IRS |
| 990-EZ | August 2019 | – | – | – | IRS |
| 990-EZ | August 2018 | – | – | – | IRS |
| 990-N for 2012 Officer: Stanley Skeen | August 31, 2013 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1628625).
Questions about SWANNANOA VALLEY ART LEAGUE
- What is the EIN of SWANNANOA VALLEY ART LEAGUE?
- The employer identification number (EIN) of SWANNANOA VALLEY ART LEAGUE is 56-1628625.
- Is SWANNANOA VALLEY ART LEAGUE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to SWANNANOA VALLEY ART LEAGUE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SWANNANOA VALLEY ART LEAGUE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SWANNANOA VALLEY ART LEAGUE due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SWANNANOA VALLEY ART LEAGUE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of SWANNANOA VALLEY ART LEAGUE?
- The 990-N for 2012 names Stanley Skeen.
- Who are the officers and directors of SWANNANOA VALLEY ART LEAGUE?
- The 990 for the year ended August 31, 2025 lists 20 people; 0 received compensation from the organization.
- How much revenue does SWANNANOA VALLEY ART LEAGUE have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $179,627, expenses of $125,119 and total assets of $260,935 at year end.
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