Form 990 for tax year 2024
Filed by NEWTON FINE ARTS ASSOCIATION INC.
Totals
- Total revenue
- $120,362
- Total expenses
- $139,353
- Contributions and grants received
- $70,077
- Grants paid
- $1,000
- Program service revenue
- $41,244
- Investment income
- $4,944
- Other revenue
- $4,097
- Total assets, end of year
- $610,147
- Total liabilities, end of year
- $2,591
- Net assets or fund balances, end of year
- $607,556
- Program services expenses (Part IX)
- $88,586
- Management and general expenses
- $44,018
- Fundraising expenses
- $6,749
- Program service expenses (Part III)
- $88,586
Program services were 63.6% 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
$11,328
-
1f · All other contributions, gifts and grants
$58,749
-
2a · Program service revenue: ART CLASS FEES
total $11,374 · unrelated business $0 · excluded $0
-
2b · Program service revenue: ART SALES
total $29,870 · unrelated business $0 · excluded $0
-
3 · Investment income
total $4,944 · unrelated business $0 · excluded $4,944
-
6a · Gross rents
real property $685
-
6c · Rental income or loss
real property $685
-
6d · Net rental income or loss
total $685 · excluded $685
-
8a · Fundraising events: gross income
$7,200
-
8a · Fundraising events: contributions included on line 1c
$0
-
8b · Fundraising events: direct expenses
$3,788
-
8c · Net income from fundraising events
total $3,412 · unrelated business $0 · excluded $3,412
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $1,000 · program services $1,000
-
5 · Compensation of officers, directors and key employees
total $40,000 · program services $18,000 · management and general $20,000 · fundraising $2,000
-
7 · Other salaries and wages
total $19,211 · program services $15,177 · management and general $807 · fundraising $3,227
-
10 · Payroll taxes
total $3,782 · program services $2,156 · management and general $1,286 · fundraising $340
-
11c · Fees: accounting
total $1,975 · program services $0 · management and general $1,975 · fundraising $0
-
12 · Advertising and promotion
total $9,887 · program services $0 · management and general $9,887 · fundraising $0
-
13 · Office expenses
total $6,486 · program services $2,135 · management and general $3,169 · fundraising $1,182
-
16 · Occupancy
total $11,153 · program services $10,038 · management and general $1,115 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $16,194 · program services $14,575 · management and general $1,619 · fundraising $0
-
23 · Insurance
total $5,917 · program services $5,325 · management and general $592 · fundraising $0
-
24a · Other expenses: CLASS INSTRUCTORS
total $9,673 · program services $9,673 · management and general $0 · fundraising $0
-
24b · Other expenses: REPAIRS & MAINTENANCE
total $11,674 · program services $10,507 · management and general $1,167 · fundraising $0
-
24c · Other expenses: MISCELLANEOUS
total $2,401 · program services $0 · management and general $2,401 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $70,138 · end of year $71,194
-
10a · Land, buildings and equipment: cost or other basis
$721,704
-
10b · Land, buildings and equipment: accumulated depreciation
$452,680
-
10c · Land, buildings and equipment, net
beginning of year $285,219 · end of year $269,024
-
11 · Investments: publicly traded securities
beginning of year $263,675 · end of year $269,929
-
17 · Accounts payable and accrued expenses
beginning of year $2,294 · end of year $2,591
-
27 · Net assets without donor restrictions
beginning of year $604,101 · end of year $593,918
-
28 · Net assets with donor restrictions
beginning of year $12,637 · end of year $13,638
Mission and programs · 2024
Mission
CELEBRATE THE POWER OF ART TO SPARK THE IMAGINATION, TO ENLIGHTEN THOUGHT, AND TO PROVIDE ENJOYMENT AS WE STRIVE TO INTEGRATE ART INTO THE LIVES OF CITIZENS OF ALL AGES THROUGHOUT SOUTH CENTRAL KANSAS
-
OPERATION OF ART GALLERY FOR DISPLAY OF ART OBJECTS AND SPACE FOR ART CLASSES AND ART-RELATED MEETINGS
Expenses $88,586 · Revenue $41,244
As filed on the 2024 return.
Listed in Part VII
-
Juris KrievinsJURIS KRIEVINS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Traci Flores-SudermanTRACI FLORES-SUDERMAN
VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Diane SorensenDIANE SORENSEN
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Linda Hwa DavisLINDA HWA DAVIS
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Rosa BarreraROSA BARRERA
BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Susan FoxSUSAN FOX
BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Mary GoeringMARY GOERING
BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Phil JacksonPHIL JACKSON
BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Thomas McCabeTHOMAS MCCABE
BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Rodger NugentRODGER NUGENT
BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Virgil PennerVIRGIL PENNER
BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Charles RobinsonCHARLES ROBINSON
BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Erin Bailey SchmidtERIN BAILEY SCHMIDT
BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Kathy SchroederKATHY SCHROEDER
BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Diana TorlineDIANA TORLINE
BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Mary Lee-McDonaldMARY LEE-MCDONALD
DIRECTOR
- Total calculated
- $40,000
- From this org
- $40,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 25
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
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543189349302144
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