Borrego Art Institute
- Assets
- $2.2m
- Revenue
- $536.9k
- Investments
- $0.0
- Employees
- 10
- Location
- Borrego Springs, CA
- Founding
- 02/2006
- Data as of
- 06/2023
- EIN
- 20-2491691
Organization Overview
Borrego Art Institute is located in Borrego Springs, CA. The organization was established in 2006. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Borrego Art Institute employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Borrego Art Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Borrego Art Institute generated $536.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $690.5k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A VENUE FOR LOCAL RESIDENTS TO DISPLAY ART FOR THE EDUCATION OF THE COMMUNITY. TO PROVIDE A LEARNING CENTER FOR ARTISTS OF ALL AGES AND PROVIDE SCHOLARSHIPS FOR THE YOUTH OF THE BORREGO COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED AN OPPORTUNITY TO DISPLAY LOCAL ARTIST WORKS TO EDUCATE THE COMMUNITY. PROVIDED A LEARNING CENTER FOR ARTIST OF ALL AGES.
ARTPARK IS THE OUTDOOR PORTION OF THE BORREGO ART INSTITUTE CAMPUS, A CREATIVE BLEND OF COMMUNITY GARDENS, ORCHARD, AND STUNNING DESERTSCAPE, HERE YOU CAN GET HANDS-ON EDUCATION ON CREATING A SUSTAINABLE AND ECOFRIENDLY ENVIRONMENT, TAKE A HEALTHY EATING STROLL AND ENJOY THE SERENITY OF AN EVER-CHANGING DESERT GARDEN.
PROVIDE ART WORKSHOPS FOR THE YOUTH AND GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kay Levie Vice President | OfficerTrustee | 28 | $18,149 |
Jennifer Baker Director | Trustee | 1 | $0 |
Robert Wright President | OfficerTrustee | 8 | $0 |
Martha Diechler Secretary | OfficerTrustee | 2 | $0 |
Diane Johnson Director | Trustee | 1 | $0 |
Jim Wermers Treasurer | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Okrey Construction Inc Construction | 6/29/16 | $250,910 |
Anson Construction Construction | 6/29/16 | $160,362 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,706 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $37,376 |
| All other contributions, gifts, grants, and similar amounts not included above | $231,563 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $278,645 |
| Total Program Service Revenue | $162,081 |
| Investment income | $2,131 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $31,943 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,355 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $48,778 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $536,933 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $27,040 |
| Compensation of current officers, directors, key employees. | $9,464 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $163,793 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,210 |
| Payroll taxes | $13,589 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,158 |
| Fees for services: Accounting | $22,559 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,450 |
| Office expenses | $7,791 |
| Information technology | $9,930 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,102 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $311 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,645 |
| Insurance | $16,090 |
| All other expenses | $65,175 |
| Total functional expenses | $690,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,810 |
| Savings and temporary cash investments | $500,530 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $35,704 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,542 |
| Net Land, buildings, and equipment | $1,554,718 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $55,001 |
| Total assets | $2,154,305 |
| Accounts payable and accrued expenses | $8,081 |
| Grants payable | $0 |
| Deferred revenue | $4,050 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $315,075 |
| Unsecured mortgages and notes payable | $24,076 |
| Other liabilities | $16,321 |
| Total liabilities | $367,603 |
| Net assets without donor restrictions | $1,786,702 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,154,305 |