Heart & Soul
- Assets
- $271.5k
- Revenue
- $234.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Salt Lake City, UT
- Founding
- 01/1995
- Data as of
- 12/2022
- EIN
- 87-0528175
Organization Overview
Heart & Soul is located in Salt Lake City, UT. The organization was established in 1995. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heart & Soul 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 12/2022, Heart & Soul generated $234.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $283.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 4 years. 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
HEART & SOUL HEALS THE HUMAN SPIRIT BY BRINGING MUSIC AND PERFORMING ARTS TO PEOPLE ISOLATED FROM SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEART & SOUL'S PROGRAMS HAVE THE GENERAL GOAL OF MITIGATING AND ALLEVIATING HUMAN SUFFERING USING THE HEALING POWER OF MUSIC BOTH PERFORMANCE BASED AND PARTICIPATORY. THE OUTCOME OF OUR PROGRAMS HAS BEEN TO BRING TOGETHER THE MUSICAL COMMUNITY AND INTERMINGLE THEM WITH THOSE ISOLATED AND UNABLE TO GO OUT AND PARTICIPATE IN LIFE. HEART & SOUL HAS PRODUCED OVER 21,000 SHOWS OVER A TWENTY-EIGHT YEAR PERIOD EMPLOYING THE TALENTS OF OVER 350 MUSICIANS AND MANY MORE THAT HAVE CONTRIBUTED THEIR TALENTS ALONG THE WAY. OUR SERVICE HAS BROUGHT TOGETHER THE MUSICAL COMMUNITY USING THEIR TALENTS TO CREATE A MORE FULFILLING LIFESTYLE FOR BOTH THE PEOPLE THEY SERVE AND FOR THEMSELVES. HEART & SOUL OFFERS OUR MAINSTAY PROGRAM THROUGH OUR HOPE & HEALING AND SINGS PERFORMANCES SERIES. ADDITIONALLY WE PRODUCE VIRTUAL SINGING TELEGRAMS, LIVE MUSICAL PERFORMANCES BROUGHT TO CARE COMMUNITIES EITHER ONE ON ONE OR IN SMALL GROUPS AS WELL AS OUTDOOR COURTYARD CONCERTS AS THE WEATHER ALLOWS. HEART & SOUL SEEKS TO MAKE OUR WORLD LESS LONELY THROUGH MUSIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ainsley Mclaughlin Executive Di | Officer | 40 | $52,392 |
Sally Barraclough Treasurer | OfficerTrustee | 2 | $0 |
James Coleman Secretary | OfficerTrustee | 1 | $0 |
Damon Coombs Board Member | Trustee | 0.5 | $0 |
Jim Hayes Board Member | Trustee | 1 | $0 |
Conae Holmes Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $53,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $178,658 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $231,908 |
| Total Program Service Revenue | $0 |
| Investment income | $3,016 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $234,924 |
| 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. | $54,414 |
| Compensation of current officers, directors, key employees. | $5,441 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,163 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,580 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $191,016 |
| Advertising and promotion | $0 |
| Office expenses | $6,046 |
| Information technology | $5,392 |
| Royalties | $0 |
| Occupancy | $12,250 |
| Travel | $87 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,999 |
| All other expenses | $727 |
| Total functional expenses | $283,710 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,635 |
| Savings and temporary cash investments | $171,000 |
| Pledges and grants receivable | $31,125 |
| Accounts receivable, net | $515 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $45,354 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $850 |
| Total assets | $271,479 |
| Accounts payable and accrued expenses | $9,542 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,542 |
| Net assets without donor restrictions | $230,812 |
| Net assets with donor restrictions | $31,125 |
| 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 | $271,479 |