Beaverton Arts Foundation Inc
- Assets
- $11.9m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 7
- Location
- Beaverton, OR
- Founding
- 08/1999
- Data as of
- 06/2021
- EIN
- 93-1271238
Organization Overview
Beaverton Arts Foundation Inc is located in Beaverton, OR. The organization was established in 1999. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Beaverton Arts Foundation Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beaverton Arts 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 06/2021, Beaverton Arts Foundation Inc generated $4.6m in total revenue. All expenses for the organization totaled $931.0k during the year ending 06/2021. While expenses have increased by 72.0% 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
SUPPORT VISUAL & PERFORMING ARTS ACTIVITIES IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FY21 WE CONTINUED THE CAPITAL CAMPAIGN TO CONSTRUCT AN ARTS CENTER THAT WILL INCREASE ACCESS TO THE ARTS FOR THE DIVERSE POPULATION IN THE GREATER BEAVERTON COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Ayzoukian Executive Di | Officer | 40 | $41,667 |
Jim Mccreight Vice Preside | OfficerTrustee | 1 | $0 |
Pat Reser President | OfficerTrustee | 10 | $0 |
Myong-Hui Murphy Secretary | OfficerTrustee | 1 | $0 |
Diana Sullivan Treasurer | OfficerTrustee | 1 | $0 |
Ulla Raeth Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,596,243 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,596,243 |
| Total Program Service Revenue | $0 |
| Investment income | $593 |
| 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 | $4,596,836 |
| 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. | $41,667 |
| Compensation of current officers, directors, key employees. | $2,083 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $334,729 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $47,681 |
| Payroll taxes | $37,660 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $179,735 |
| Advertising and promotion | $227,673 |
| Office expenses | $27,511 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,691 |
| 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 | $1,829 |
| Insurance | $1,266 |
| All other expenses | $0 |
| Total functional expenses | $931,011 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $153,772 |
| Savings and temporary cash investments | $2,719,987 |
| Pledges and grants receivable | $5,505,622 |
| Accounts receivable, net | $0 |
| 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 | $5,806 |
| Net Land, buildings, and equipment | $79 |
| Investments—publicly traded securities | $3,500,048 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,885,314 |
| Accounts payable and accrued expenses | $98,441 |
| Grants payable | $7,720,562 |
| 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 | $7,819,003 |
| Net assets without donor restrictions | $513,819 |
| Net assets with donor restrictions | $3,552,492 |
| 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 | $11,885,314 |
Grants Awarded
Over the last fiscal year, Beaverton Arts Foundation Inc has awarded $86,080 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Beaverton, OR PURPOSE: Program funding | $21,520 |
Beaverton, OR PURPOSE: Program funding | $21,520 |
Beaverton, OR PURPOSE: Program funding | $21,520 |
Beaverton, OR PURPOSE: Program funding | $21,520 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Beaverton Arts Foundation Inc has recieved totaling $385,180.
| Awarding Organization | Amount |
|---|---|
Oregon Community Foundation Portland, OR PURPOSE: Arts General | $330,000 |
Clark Foundation Portland, OR PURPOSE: CHARITABLE - PROGRAM SUPPORT | $20,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $15,930 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $8,250 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $6,000 |
Robert And Mercedes Eichholz Foundation Brooklyn, NY PURPOSE: GENERAL | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Teach Inc Los Angeles, CA | $46,053,689 | $17,904,465 |
Transcendence Theater Company Sonoma, CA | $1,498,299 | $4,201,604 |
New Earth Organization Culver City, CA | $3,011,328 | $2,352,178 |
Muse-Ique Pasadena, CA | $2,379,427 | $2,164,576 |
Shunpike Seattle, WA | $2,155,050 | $3,145,389 |
A Noise Within Pasadena, CA | $12,904,846 | $2,707,072 |
Grand Performances Los Angeles, CA | $1,649,335 | $1,940,001 |
On The Boards Seattle, WA | $8,063,400 | $5,761,969 |
Pioneer Center For The Performing Arts Reno, NV | $12,422,546 | $490,309 |
Childrens Creativity Museum San Francisco, CA | $909,867 | $1,014,568 |
State Theater Of Modesto Inc Modesto, CA | $3,395,163 | $1,010,614 |
Storycenter Berkeley, CA | $791,659 | $1,108,690 |