The Arts Campus At Willits
- Assets
- $8.7m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 16
- Location
- Basalt, CO
- Founding
- 04/2015
- Data as of
- 12/2021
- EIN
- 47-3091347
Organization Overview
The Arts Campus At Willits is located in Basalt, CO. The organization was established in 2015. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Arts Campus At Willits employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts Campus At Willits 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 12/2021, Arts Campus At Willits generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 57.6% each year . All expenses for the organization totaled $851.7k during the year ending 12/2021. While expenses have increased by 36.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ARTS CAMPUS AT WILLITS PRESENTS EXCEPTIONAL PERFORMING ARTS, CULTURAL EVENTS, AND THOUGHT-PROVOKING PROGRAMMING THAT SUSTAIN A CONNECTED, ENGAGED, AND INSPIRED COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, THE ARTS CAMPUS AT WILLITS'S PROGRAMMING HAD A TREMENDOUS IMPACT ON THE ROARING FORK VALLEY. HIGHLIGHTS FROM THE YEAR INCLUDE THE COMPLETION OF THE FIRST NET-ZERO PERFORMING ARTS CENTER IN THE COUNTRY, THE GOVERNOR OF COLORADO, JARED POLIS, OFFICIALLY PROCLAIMING OPENING DAY, SEPTEMBER 24, 2021, TACAW DAY, 72 EVENTS PRODUCED IN THE STATE-OF-THE-ART, ALL-ELECTRIC FACILITY, 5,642 TICKETED PATRONS WELCOMED, 2,000+ ADDITIONAL COMMUNITY MEMBERS ENGAGED AT FREE EVENTS, AND 54 NONPROFIT PROGRAMMING PARTNERS TO DATE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Honey Executive Di | Officer | 40 | $139,670 |
Kendall E Smith Programming | Officer | 40 | $108,162 |
Michael Lipkin Vice Preside | OfficerTrustee | 2 | $0 |
Joseph E Edwards III Secretary | OfficerTrustee | 2 | $0 |
Julia Marshall President | OfficerTrustee | 2 | $0 |
Kelly Boggs Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $484,708 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,512,484 |
| Noncash contributions included in lines 1a–1f | $96,686 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,997,192 |
| Total Program Service Revenue | $44,743 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,071 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $11,311 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,059,317 |
| 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. | $139,670 |
| Compensation of current officers, directors, key employees. | $12,570 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $221,446 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,995 |
| Payroll taxes | $29,672 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,116 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $120,125 |
| Advertising and promotion | $31,417 |
| Office expenses | $53,098 |
| Information technology | $7,263 |
| Royalties | $0 |
| Occupancy | $17,446 |
| Travel | $5,647 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,769 |
| Interest | $27,012 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $75,524 |
| Insurance | $15,809 |
| All other expenses | $0 |
| Total functional expenses | $851,725 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $696,790 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $319,237 |
| Accounts receivable, net | $232 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,329 |
| Net Land, buildings, and equipment | $7,622,343 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,653,931 |
| Accounts payable and accrued expenses | $42,961 |
| Grants payable | $0 |
| Deferred revenue | $27,275 |
| 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 | $3,050,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,120,236 |
| Net assets without donor restrictions | $5,129,754 |
| Net assets with donor restrictions | $403,941 |
| 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 | $8,653,931 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Arts Campus At Willits has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Kahle Foundation Inc Vero Beach, FL PURPOSE: FURTHERANCE OF CHARITABLE ACTIVITY | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Academy Of Mathematics & Science South Inc Tucson, AZ | $124,208,680 | $62,725,140 |
Anderson Ranch Arts Foundation Snowmass Village, CO | $19,349,000 | $7,444,141 |
Fab Lab Tulsa Inc Tulsa, OK | $905,994 | $2,260,190 |
Foundation For Lincoln Public Schools Lincoln, NE | $17,002,214 | $4,527,343 |
Art Students League Of Denver Denver, CO | $2,150,049 | $2,289,374 |
Tara Institute Of The Performing Arts Incorporated Boulder, CO | $2,762,734 | $2,020,459 |
Kimball Art Center Park City, UT | $7,426,546 | $2,347,977 |
Santa Fe School For The Arts Santa Fe, NM | $4,340,717 | $1,902,890 |
Oklahoma Arts Institute Oklahoma City, OK | $2,532,394 | $1,383,952 |
Ah Haa School For The Arts Telluride, CO | $12,435,871 | $2,343,816 |
Scottsdale Artists School Inc Scottsdale, AZ | $3,858,477 | $2,545,960 |
Act One Phoenix, AZ | $1,556,445 | $1,427,696 |