Friends Of Sacramento Arts is located in Sacramento, CA. The organization was established in 1982. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Sacramento Arts 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 06/2023, Friends Of Sacramento Arts generated $165.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $216.0k during the year ending 06/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
ARTS EDUCATION: ADVOCATE AND FUND ARTS EDUCATION PROGRAMS FOR K-12 STUDENTS IN SACRAMENTO COUNTY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Rominger Secretary | 1.25 | $0 | |
Gerry Kamilos Board Member | 0.3 | $0 | |
Melanie Dahl Treasurer | 1.25 | $0 | |
Alison Macleod Board Member | 0.3 | $0 | |
Brian Vargas Board Member | 0.3 | $0 | |
Brenda Washington Davis Board Member | 0.3 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,996 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $65 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $28,761 |
| Other Revenue | $0 |
| Total Revenue | $165,822 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $108,005 |
| Professional fees and other payments to independent contractors | $74,091 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,894 |
| Total expenses | $215,990 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,503 |
| Other assets | $0 |
| Total assets | $149,890 |
| Total liabilities | $622 |
| Net assets or fund balances | $149,268 |