Art Around The Corner Foundation
- Assets
- $140.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St George, UT
- Founding
- 11/1998
- Data as of
- 12/2021
- EIN
- 87-0607764
Organization Overview
Art Around The Corner Foundation is located in St George, UT. The organization was established in 1998. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Art Around The Corner Foundation 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, Art Around The Corner Foundation generated $50.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $75.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
AS PART OF THE OUTDOOR SCULPTURE EXHIBIT, COMMUNITY MEMBERS CAN PURCHASE ANY OF THE SCULPTURES THEY SEE AS PART OF THE SCULPTURE TOUR. IF SOMEONE IS INTERESTED IN PURCHASING THE SCULPTURE, THE ARTIST NEGOTIATES A DEAL WITH THE BUYER, AND THE FOUNDATION FACILITATES IT, TAKES THE SALES REVENUE AND PAYS THE MAJORITY OF THE SALE TO THE ARTIST, KEEPING A SMALL COMMISSION FOR THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marianne Hamilton Past Chair | 5 | $0 | |
Susan Jarvis Director | 2 | $0 | |
Jared Radmall Treasurer | 5 | $0 | |
Rhondalon Crawford Chair | 5 | $0 | |
Pat Kill Director | 2 | $0 | |
Bill Mcmurrin Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,141 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $160 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$5,042 |
| Other Revenue | $0 |
| Total Revenue | $50,792 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,652 |
| Occupancy, rent, utilities, and maintenance | $650 |
| Printing, publications, postage, and shipping | $1,747 |
| Other expenses | $48,344 |
| Total expenses | $75,793 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $140,627 |
| Other assets | $0 |
| Total assets | $140,627 |
| Total liabilities | $71 |
| Net assets or fund balances | $140,556 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Days Of 47 Rodeo Salt Lake Salt Lake City, UT | $973,700 | $2,883,877 |
Fox Family Foundation Denver, CO | $12,191,378 | $91,435 |
Jack Van Sickle Foundation Reno, NV | $9,650,730 | $1,661,273 |
Boulder County Arts Alliance Inc Boulder, CO | $1,719,449 | $738,914 |
National Historical Fire Foundation Scottsdale, AZ | $8,615,941 | $1,144,063 |
Idaho Heritage Trust Incorporated Boise, ID | $17,430,404 | $627,633 |
Robison Foundation Salt Lake City, UT | $551,867 | $8,508 |
Arthur F And Alice E Adams Supporting Foundation Las Vegas, NV | $2,299,452 | $290,386 |
Scientific And Culturalcollaborative Denver, CO | $427,147 | $436,776 |
Fang Family Foundation Bountiful, UT | $6,883,889 | $590,381 |
American Friends Of Outset Inc Jackson, WY | $137,884 | $302,923 |
United Jewish Appeal Aspen Valley Campaign Denver, CO | $256,519 | $278,013 |