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Nonprofit · EIN 56-1913046

BLACK MOUNTAIN-SWANNANOA ART CENTER

Tax-exempt · BLACK MTN, NC 28711

Financials

$418K$387K2022
Revenue Expenses · by fiscal year end
Financials of BLACK MOUNTAIN-SWANNANOA ART CENTER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2023990$417,832$386,837$30,995-$5,509$0-$5,509
Financial details: 990 for the year ended June 30, 2023

Revenue

Contributions, gifts and grants
$127,821
of which government grants
$42,855
Membership dues
$59,586
Program service revenue
$253,664
Investment income
$0
Net rental income
$8,316
Net income from sales of inventory
$15,385
Other revenue
$36,347

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$72,000
Other salaries and wages
$68,198
Salaries, compensation and benefits (total)
$156,029
Professional fundraising fees
$0
Occupancy
$23,451

Balance sheet and other

Total assets, start of year
-$36,504
Total assets, end of year
-$5,509
Total liabilities, end of year
$0
Net assets, end of year
-$5,509
Gross unrelated business income
$1,625
Gross receipts
$431,237
Employees
0
Volunteers
479
Year formed
1995
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 June 30, 2023, highest compensation first.

NameTitleHours / weekCompensation
LORI COZZIEXECUTIVE DIRECTOR
Trustee or director, Officer, Key employee, Highest-paid employee
40$72,000
JOHN HALLCHAIR
Trustee or director, Officer
5$0
SARAH BERGLUNDSECRETARY
Trustee or director, Officer
5$0
KANNAH BEGLEYDIRECTOR
Trustee or director
5$0
CASEY CONNERDIRECTOR
Trustee or director
5$0
LORI TURLEYTREASURER
Trustee or director, Officer
5$0
JULIE WILCOXVICE CHAIR
Trustee or director, Officer
5$0
JACK HEINENDIRECTOR
Trustee or director
5$0
CAROLINE COPEKHOURYDIRECTOR
Trustee or director
5$0
STEPHANIE WILDERDIRECTOR
Trustee or director
5$0
ARCHIE PERTILLERDIRECTOR
Trustee or director
5$0
ELIZABETH WHITEDIRECTOR
Trustee or director
5$0
MELISA PRESSLEYDIRECTOR
Trustee or director
5$0

Address and contacts

Address (IRS master file)
225 W STATE ST, BLACK MTN, NC 28711-3408
In care of
% GALE JACKSON
Principal officer (990 for 2022)
LORI COZI, 45 DOGWOOD RIDGE, Black Mountain, NC 28711
Signed the 990
LORI COZZI, EXECUTIVE DIRECTOR
Phone
(828) 669-0930
Return prepared by
H AND R BLOCK

Mission

OPERATION OF AN ART CENTER FOR THE PUBLIC

990 for the year ended June 30, 2023

Program accomplishments

  • ART IN BLOOM IS A 4 DAY EVENT CELEBRATING ARTS AND FLOWERS/GARDENS. THE TOUR FEATURES PLEIN AIRE PAINTERS CREATING WORKS DURING THE TOURS
    Expenses $3,107 · revenue $32,135
  • OPERATION OF A COMMUNITY ARTS CENTER WHERE AREA RESIDENTS RECEIVE ARTS INSTRUCTION AND A COMMUINTY POTTERY STUDIO
    Expenses $151,353 · revenue $165,052

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024Not on file

IRS record

EIN
56-1913046
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1995
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,509
Income (IRS master file)
$431,837

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2023$417,832$386,837-$5,509XML
990June 2022$350,861$342,540-$36,504IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS

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 56-1913046).

Questions about BLACK MOUNTAIN-SWANNANOA ART CENTER

What is the EIN of BLACK MOUNTAIN-SWANNANOA ART CENTER?
The employer identification number (EIN) of BLACK MOUNTAIN-SWANNANOA ART CENTER is 56-1913046.
Is BLACK MOUNTAIN-SWANNANOA ART CENTER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to BLACK MOUNTAIN-SWANNANOA ART CENTER tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BLACK MOUNTAIN-SWANNANOA ART CENTER 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 BLACK MOUNTAIN-SWANNANOA ART CENTER due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BLACK MOUNTAIN-SWANNANOA ART CENTER last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2023.
Who is the principal officer of BLACK MOUNTAIN-SWANNANOA ART CENTER?
The 990 for the year ended June 30, 2023 names LORI COZI.
Who are the officers and directors of BLACK MOUNTAIN-SWANNANOA ART CENTER?
The 990 for the year ended June 30, 2023 lists 13 people; 1 received compensation from the organization, the highest $72,000 (LORI COZZI, EXECUTIVE DIRECTOR).
How much revenue does BLACK MOUNTAIN-SWANNANOA ART CENTER have?
On its 990 for the year ended June 30, 2023 it reported revenue of $417,832, expenses of $386,837 and total assets of -$5,509 at year end.

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