Skip to content
Nonprofiteer
← SACRED HEART CULTURAL CENTER INC

Form 990 for tax year 2022

Filed by SACRED HEART CULTURAL CENTER INC.

Totals

Total revenue
$356,888
Total expenses
$367,735
Contributions and grants received
$379,290
Grants paid
$0
Program service revenue
$0
Investment income
$4,102
Other revenue
-$26,504
Total assets, end of year
$1,357,192
Total liabilities, end of year
$1,338
Net assets or fund balances, end of year
$1,355,854
Program services expenses (Part IX)
$331,261
Management and general expenses
$36,085
Fundraising expenses
$389
Program service expenses (Part III)
$331,261

Program services were 90.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $16,494

  • 1c · Fundraising events

    $145,623

  • 1f · All other contributions, gifts and grants

    $217,173

  • 3 · Investment income

    total $4,102 · related or exempt $4,102

  • 6a · Gross rents

    real property $208,554

  • 6b · Less rental expenses

    real property $222,047

  • 6c · Rental income or loss

    real property -$13,493

  • 6d · Net rental income or loss

    total -$13,493 · related or exempt -$13,493

  • 8a · Fundraising events: contributions included on line 1c

    $145,623

  • 10a · Gross sales of inventory

    $30,003

  • 10b · Cost of goods sold

    $28,109

  • 10c · Net income from sales of inventory

    total $1,894 · related or exempt $1,894

  • 11a · Other revenue: Unrealized Gain

    total -$14,905 · related or exempt -$14,905

  • 11e · Other revenue, total

    -$14,905

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $75,298 · program services $67,768 · management and general $7,530

  • 7 · Other salaries and wages

    total $130,554 · program services $117,499 · management and general $13,055

  • 10 · Payroll taxes

    total $15,767 · program services $14,190 · management and general $1,577

  • 11c · Fees: accounting

    total $5,800 · management and general $5,800

  • 13 · Office expenses

    total $16,608 · program services $12,456 · management and general $4,152

  • 22 · Depreciation, depletion and amortization

    total $4,169 · program services $2,401 · management and general $1,768

  • 23 · Insurance

    total $12,958 · program services $10,366 · management and general $2,203 · fundraising $389

  • 24a · Other expenses: Fundraising expenses

    total $96,010 · program services $96,010

  • 24b · Other expenses: Misc

    total $10,554 · program services $10,554

  • 24c · Other expenses: Rental supplies

    total $17 · program services $17

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,292,373 · end of year $1,306,267

  • 4 · Accounts receivable

    beginning of year $2,065

  • 8 · Inventories for sale or use

    beginning of year $25,094 · end of year $27,576

  • 10a · Land, buildings and equipment: cost or other basis

    $436,232

  • 10b · Land, buildings and equipment: accumulated depreciation

    $412,883

  • 10c · Land, buildings and equipment, net

    beginning of year $27,518 · end of year $23,349

  • 15 · Other assets

    beginning of year $27,964

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,313 · end of year $1,338

  • 27 · Net assets without donor restrictions

    beginning of year $1,366,701 · end of year $1,355,854

Mission and programs · 2022

Mission

Provides reduced rent office space for various nonprofits and providesfor the maintenance and upkeep of a historical building and grounds

  • Provides reduced rent office space for various nonprofits and providesfor the maintenance and upkeep of a historical building and grounds

    Expenses $331,261

As filed on the 2022 return.

Listed in Part VII

  • Millie Huff

    Executive Director

    Total calculated
    $75,298
    From this org
    $75,298
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • See Attached

    BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
11 October 2023
IRS schema version
2022v5.0
Source object
202343149349303304

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.