Sonoran Art Foundation Inc
- Assets
- $317.2k
- Revenue
- $580.4k
- Investments
- $0.0
- Employees
- 13
- Location
- Tucson, AZ
- Founding
- 01/2002
- Data as of
- 06/2022
- EIN
- 86-1041970
Organization Overview
Sonoran Art Foundation Inc is located in Tucson, AZ. The organization was established in 2002. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Sonoran Art Foundation Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sonoran Art Foundation Inc 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 06/2022, Sonoran Art Foundation Inc generated $580.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $551.8k during the year ending 06/2022. While expenses have increased by 5.3% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING APPRECIATION AND AWARENESS OF GLASS ARTS THROUGH YEAR-ROUND EDUCATIONAL PROGRAMMING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SONORAN GLASS SCHOOL (SGS) IS A PUBLIC ACCESS EDUCATIONAL ORGANIZATION DEDICATED TO INSPIRING PEOPLE OF ALL AGES TO DISCOVER THE WONDER OF GLASS ART. AS THE ONLY FULL-SERVICE, NONPROFIT GLASS ARTS EDUCATIONAL FACILITY IN THE SOUTHWEST, THE SCHOOL PROMOTES THE CREATION AND APPRECIATION OF GLASS AS A VISUAL ARTS MEDIUM THROUGH EDUCATIONAL COURSES, ONE-ON-ONE EXPERIENCES, VISITING ARTIST SEMINARS, AND COMMUNITY EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Evan Mendelson Board Member | Trustee | 1 | $0 |
Barry Kitay Board Member | Trustee | 1 | $0 |
Michael Peel Board Member | Trustee | 1 | $0 |
Jessica Korff Board Member | Trustee | 1 | $0 |
Gina Compitello Board Member | Trustee | 1 | $0 |
Jim Boulay Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,601 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $84,514 |
| All other contributions, gifts, grants, and similar amounts not included above | $114,466 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $205,581 |
| Total Program Service Revenue | $338,770 |
| Investment income | $36 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $25,318 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $580,427 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $310,822 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,291 |
| Payroll taxes | $22,522 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,369 |
| Advertising and promotion | $8,860 |
| Office expenses | $28,045 |
| Information technology | $8,234 |
| Royalties | $0 |
| Occupancy | $56,769 |
| Travel | $1,500 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,273 |
| Interest | $13,780 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,200 |
| Insurance | $6,944 |
| All other expenses | $5,143 |
| Total functional expenses | $551,819 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,229 |
| Savings and temporary cash investments | $55,862 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,130 |
| 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 | $2,300 |
| Net Land, buildings, and equipment | $215,116 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,605 |
| Total assets | $317,242 |
| Accounts payable and accrued expenses | $53,206 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $40,000 |
| Secured mortgages and notes payable | $147,424 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,723 |
| Total liabilities | $247,353 |
| Net assets without donor restrictions | $0 |
| 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 | $69,889 |
| Total liabilities and net assets/fund balances | $317,242 |