Civic Intelligence

Tooele City Arts Council

EIN 35-2292898 • 501(c)3

Profile

To actively promote, advance, and preserve the arts in Tooele City including festivals, performing groups, visual arts, and concerts.

90 N Main St84074

none

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

24th percentile

0.00x

Higher debt load relative to revenue than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

96th percentile

83%

Higher net margin than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

Up

$1,044,755

Up $950,932 (+1014%) from 2016

Liabilities

Up

$2,811

Up $2,357 (+519%) from 2016

Net Assets

Up

$1,041,944

Up $948,575 (+1016%) from 2016

Revenue

Up

$1,201,053

Up $1,083,369 (+921%) from 2016

Expenses

Up

$206,279

Up $69,552 (+51%) from 2016

Net Income

Up

$994,774

Up $1,013,817 (+5324%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2010: $0Liabilities 2010: $0Net Assets 2010: $02010Assets 2011: $191,939Liabilities 2011: $1,810Net Assets 2011: $190,1292011Assets 2012: $185,481Liabilities 2012: $2,196Net Assets 2012: $183,2852012Assets 2014: $80,004Liabilities 2014: $898Net Assets 2014: $79,1062014Assets 2016: $93,823Liabilities 2016: $454Net Assets 2016: $93,3692016Assets 2024: $1,044,755Liabilities 2024: $2,811Net Assets 2024: $1,041,9442024

Highlighted filing

2024

Assets$1,044,755
Liabilities$2,811
Net Assets$1,041,944

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $148,2942010Expenses 2011: $124,6742011Expenses 2012: $182,8452012Revenue 2014: $224,430Expenses 2014: $170,974Net Income 2014: $53,4562014Revenue 2016: $117,684Expenses 2016: $136,727Net Income 2016: -$19,0432016Revenue 2024: $1,201,053Expenses 2024: $206,279Net Income 2024: $994,7742024

Highlighted filing

2024

Revenue$1,201,053
Expenses$206,279
Net Income$994,774

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2014 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 1, 2014
Return Version
2013v3.1
Gross Receipts
$226,365
Mission and Program Overview

Mission

To actively promote, advance,

To actively promote, advance, and preserve the arts in Tooele City including festivals, performing groups, visual arts, and concerts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$185,310$79,897▼ $105,413
Rtn Earn Endowment Incm Other Fnds$183,285$79,106▼ $104,179
Prepaid Expenses and Deferred Charges-$58-
Savings and Temporary Cash Investments$25$25→ $0
Land, Buildings, and Equipment, Net$146$24▼ $122
Total Assets$185,481$80,004▼ $105,477
Liabilities
Accounts Payable and Accrued Expenses$2,196$898▼ $1,298
Total Liabilities$2,196$898▼ $1,298
Net Assets / Fund Balance
Total Net Assets Fund Balance$183,285$79,106▼ $104,179
Total Liabilities and Net Assets / Fund Balance$185,481$80,004▼ $105,477

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$24$633-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Melodi GochisChair
Chris WilcoxVice Chair
Carol LaForgeTrustee
Debbie Winntrustee
Gwen YoungTrustee
Rebecca RockwellTrustee
Steve PrudenTrustee
Terra SherwoodSecretary
Michelle PittTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$224,100
Program Service Revenue
$0
Investment Income
$-630
Other Revenue
$960
All Other Contributions
$2,500
Change in Net Assets
$53,456
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$113,631
Grants and Similar Amounts Paid$37,580
Salaries, Compensation, and Employee Benefits$19,763
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$55,050--$55,050
Grants to Domestic Orgs$37,580--$37,580
All Other Expenses$28,400--$28,400
Other Salaries and Wages$18,085--$18,085
Office Expenses$3,064$129-$3,193
Fees for Services Accounting-$3,013-$3,013
Payroll Taxes$1,383--$1,383
Advertising$1,346--$1,346
Occupancy$926--$926
Fees for Services Management-$574-$574
Insurance-$333-$333
Other Employee Benefits$295--$295
Travel$238--$238
Other Expenses$75--$75
Depreciation Depletion$49--$49
Fees for Services Legal-$10-$10
Total Functional Expenses$166,915$4,059$0$170,974
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Organizational document changes Part VI line 4

The bylaws were amended as follows:Section 3.2 was modified to allow the elction or re-election of Directors by exiting board of directors rather than by appointment of the Tooele City Council.Secion 4.5 was modified to allow Directors to serve beyond two consecutive two-year terms by 2/3 vote. This was dones because of the need for Directors and Officers. Members of the board weren't necesarrily interested in serving as an Officer, but were willing to serve on the board.Section 7.2 was modified to change the art concil's calendar year to fiscaly year July 1 to June 30th to correspond with Tooele City's fiscal year. Tooele city is the entity that provides funding to the arts council, so matching their fiscal year made it more convenient when budgeting fiances.

Form 990 governing body review Part VI line 11

Tax return and financial statements were reviewed by michelle pitt, terra sherwood, and the board.

Conflict of interest policy compliance Part VI line 12C

The exempt organization regularly monitors and enforces compliance with its conflict of interest policy.

Governing documents etc available to public Part VI line 19

Tooele city arts council makes its governing documents, financial statements, and tax returns available to the public at city hall during regular business hours. But are maintained by the accountant.

Filing and Contact Details

Filer

EIN
35-2292898

Signing Officer

Name
Terra Sherwood
Title
Trustee
Phone
4358432111
Signed
2014-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terra Sherwood
Formed
2007
Legal Domicile
Ut
Voting Board Members
9
Independent Board Members
8
Employees
7
Volunteers
9

Preparer

Preparer
Donald G Jewkes
Phone
8015738787
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

-$157,535 adjustment due to change from calendar year to fiscal year.

List of other fees for services expenses Part IX line 11G

List of other servicesholiday performers $30004th of july performers $37,000fridays on vine performers $14,800sounds and lights services $0theater piano player $250

List of other expenses Part IX line 24E

List of other expensestheater event $0stage setup $13,400fireworks $15,000

Raw XML AppendixShowing 400 of 417 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0657
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024
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IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0THEATER
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1DANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2ARTS FESTIVA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10LAFORGE ENCORE THEATER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine11PANKRATZ ACADEMY OF DANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine12TOOELE ARTS FESTIVAL
IRS990ScheduleI/RecipientTable/RecipientEIN0352324950
IRS990ScheduleI/RecipientTable/RecipientEIN1742392093
IRS990ScheduleI/RecipientTable/USAddress/AddressLine10328 N Coleman
IRS990ScheduleI/RecipientTable/USAddress/AddressLine11291 N MAIN
IRS990ScheduleI/RecipientTable/USAddress/AddressLine12PO BOX 826
IRS990ScheduleI/RecipientTable/USAddress/City0Tooele
IRS990ScheduleI/RecipientTable/USAddress/City1Tooele
IRS990ScheduleI/RecipientTable/USAddress/City2Tooele
IRS990ScheduleI/RecipientTable/USAddress/State0UT
IRS990ScheduleI/RecipientTable/USAddress/State1UT
IRS990ScheduleI/RecipientTable/USAddress/State2UT
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCode284074
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0TOOELE CITY ARTS COUNCIL MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNT, THE GRANTEES' ELIGIBILITY, AND THE SELCTION CRITERIA FOR GRANTS AND ASSISTANCE WITH ITS RECORDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Monitoring procedures (Part I, line 2)
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The bylaws were amended as follows:Section 3.2 was modified to allow the elction or re-election of Directors by exiting board of directors rather than by appointment of the Tooele City Council.Secion 4.5 was modified to allow Directors to serve beyond two consecutive two-year terms by 2/3 vote. This was dones because of the need for Directors and Officers. Members of the board weren't necesarrily interested in serving as an Officer, but were willing to serve on the board.Section 7.2 was modified to change the art concil's calendar year to fiscaly year July 1 to June 30th to correspond with Tooele City's fiscal year. Tooele city is the entity that provides funding to the arts council, so matching their fiscal year made it more convenient when budgeting fiances.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TAX RETURN AND FINANCIAL STATEMENTS WERE REVIEWED BY MICHELLE PITT, TERRA SHERWOOD, AND THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXEMPT ORGANIZATION REGULARLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TOOELE CITY ARTS COUNCIL MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND TAX RETURNS AVAILABLE TO THE PUBLIC AT CITY HALL DURING REGULAR BUSINESS HOURS. BUT ARE MAINTAINED BY THE ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4-$157,535 ADJUSTMENT DUE TO CHANGE FROM CALENDAR YEAR TO FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LIST OF OTHER SERVICESHOLIDAY PERFORMERS $30004TH OF JULY PERFORMERS $37,000FRIDAYS ON VINE PERFORMERS $14,800SOUNDS AND LIGHTS SERVICES $0THEATER PIANO PLAYER $250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LIST OF OTHER EXPENSESTHEATER EVENT $0STAGE SETUP $13,400FIREWORKS $15,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Organizational document changes Part VI line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other expenses Part IX line 24e
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0166915
IRS990/TotalFunctionalExpensesGrp/TotalAmt0170974
IRS990/TotalGrossUBIAmt00
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IRS990/USAddress/AddressLine10469 E 1480 N
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IRS990/USAddress/ZIPCode084074
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IRS990/WebsiteAddressTxt0NONE
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ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Terra Sherwood
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/PhoneNum04358432111
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine10Tooele City Arts Council
ReturnHeader/Filer/BusinessNameControlTxt0TOOE
ReturnHeader/Filer/EIN0352292898
ReturnHeader/Filer/USAddress/AddressLine1090 N Main St
ReturnHeader/Filer/USAddress/City0Tooele

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