Basin Arts FY2022 filing
Fosters artistic expression across generations to enrich community identity. For fiscal year 2022 it reported $204K in revenue, $195K in expenses, and $58K in net assets.Pt I
- Founded
- 2018
- Type
- Public charity (501(c)(3)) · Arts & Culture
- Location
- Lafayette, LA
- Website
- basinartslafayette.com
- Filings
- 6 on file (2020–2022)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Clare Cook’s $11K as Director is at the 8th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Clare Cook | $11,000 | $3,000 | — | — | — |
| Clare Cook | — | — | $10,000 | $11,000 | $11,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Basin Arts provided low cost visual arts and dance classes to the Acadiana community. Students received instruction from professional level dance and art instructors. Basin Arts offers a wide variety of dance classes that help with physical expression. Basin Arts provided 600 classes that brought in over $40,000 in revenue.
BARE Walls provides an afforable way for businesses to fill up their empty walls with art from local artists. This program provides support to local artists by providing them with with residual income to support their creative minds. The BARE Walls program provided art to over 10 businesses and raised over $42,000 in revenue.
Basin Arts rental program provides a space for artists to express themselves. Basin Arts allows artists in the community to rent out the dance space and the art space for their creative needs. Basin Arts rented space to over 40 artist in 2022.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 60% | — | — |
| Overhead ratio | 38% | — | — |
| Fundraising cost ratio | 4% | — | — |
| Revenue growth | 20% | — | — |
| Accounting fee ratio | 0.5% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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