Civic Intelligence

Sheridan Arts Foundation

990 • Fiscal year 2017 • EIN 84-1166423

Oct 01, 2016 to Sep 30, 2017 • Filed on Aug 15, 2018

Organization Profilewww.sheridanoperahouse.com
PO Box 2680Telluride, CO 81435

(970) 728-6363

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.45x

Higher debt load relative to assets than 78% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

82nd percentile

0.69x

Higher debt load relative to revenue than 82% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

35th percentile

-1.3%

Higher net margin than 35% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

55th percentile

4.8%

Faster asset growth than 55% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

50th percentile

4.2%

Faster revenue growth than 50% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$1,973,795

Up $89,669 (+4.8%) from 2016

Net Assets

Down

$1,089,029

Down $16,782 (-1.5%) from 2016

Liabilities

Up

$884,766

Up $106,451 (+14%) from 2016

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin35th percentile

Revenue

Up

$1,285,088

Up $51,422 (+4.2%) from 2016

Expenses

Up

$1,301,870

Up $60,339 (+4.9%) from 2016

Net Income

Down

-$16,782

Down $8,917 (-113%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,628,390Liabilities 2010: $477,963Net Assets 2010: $1,150,4272010Assets 2011: $1,653,866Liabilities 2011: $461,499Net Assets 2011: $1,192,3672011Assets 2012: $1,515,633Liabilities 2012: $427,368Net Assets 2012: $1,088,2652012Assets 2013: $1,521,403Liabilities 2013: $412,573Net Assets 2013: $1,108,8302013Assets 2014: $1,532,874Liabilities 2014: $428,533Net Assets 2014: $1,104,3412014Assets 2015: $1,508,385Liabilities 2015: $394,709Net Assets 2015: $1,113,6762015Assets 2016: $1,884,126Liabilities 2016: $778,315Net Assets 2016: $1,105,8112016Assets 2017: $1,973,795Liabilities 2017: $806,028Net Assets 2017: $1,167,7672017Assets 2017: $1,973,795Liabilities 2017: $884,766Net Assets 2017: $1,089,0292017Assets 2018: $1,965,293Liabilities 2018: $717,947Net Assets 2018: $1,247,3462018Assets 2019: $2,055,456Liabilities 2019: $676,153Net Assets 2019: $1,379,3032019Assets 2020: $2,253,435Liabilities 2020: $730,372Net Assets 2020: $1,523,0632020Assets 2021: $2,967,332Liabilities 2021: $774,303Net Assets 2021: $2,193,0292021Assets 2022: $3,014,799Liabilities 2022: $674,905Net Assets 2022: $2,339,8942022Assets 2023: $2,927,869Liabilities 2023: $658,983Net Assets 2023: $2,268,8862023Assets 2024: $2,823,775Liabilities 2024: $681,987Net Assets 2024: $2,141,7882024

Highlighted filing

2017

Assets$1,973,795
Liabilities$884,766
Net Assets$1,089,029
Open 2017 Filing

Operations Trend

Revenue Growth50th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,039,4122010Expenses 2011: $1,104,8072011Revenue 2012: $962,663Expenses 2012: $1,066,765Net Income 2012: -$104,1022012Expenses 2013: $1,161,9172013Revenue 2014: $1,299,039Expenses 2014: $1,303,528Net Income 2014: -$4,4892014Revenue 2015: $1,205,570Expenses 2015: $1,196,235Net Income 2015: $9,3352015Revenue 2016: $1,233,666Expenses 2016: $1,241,531Net Income 2016: -$7,8652016Revenue 2017: $1,386,459Expenses 2017: $1,396,524Net Income 2017: -$10,0652017Revenue 2017: $1,285,088Expenses 2017: $1,301,870Net Income 2017: -$16,7822017Revenue 2018: $1,507,575Expenses 2018: $1,427,996Net Income 2018: $79,5792018Revenue 2019: $1,629,788Expenses 2019: $1,497,831Net Income 2019: $131,9572019Revenue 2020: $1,400,889Expenses 2020: $1,257,129Net Income 2020: $143,7602020Revenue 2021: $1,721,240Expenses 2021: $1,051,274Net Income 2021: $669,9662021Revenue 2022: $1,473,861Expenses 2022: $1,326,996Net Income 2022: $146,8652022Revenue 2023: $1,530,778Expenses 2023: $1,617,261Net Income 2023: -$86,4832023Revenue 2024: $1,538,260Expenses 2024: $1,666,370Net Income 2024: -$128,1102024

Highlighted filing

2017

Revenue$1,285,088
Expenses$1,301,870
Net Income-$16,782
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Aug 15, 2018
Return Version
2016v3.0
Gross Receipts
$1,542,023
Mission and Program Overview

Mission

Preserve the historic Sheridan Opera House as an arts and cultural resource for the Telluride community; Bring quality arts and cultural events to Telluride; Provide local and national youth with access and exposure to the arts through education

The sheridan arts foundation was founded in 1991 as a 501(c)(3) non-profit organization to: preserve the historic sheridan opera house as an arts and cultural resource for the telluride community; bring quality arts and cultural events to telluride; provide local and national youth with access and exposure to the arts through education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,747,245$1,825,935▲ $78,690
Cash and Non-Interest-Bearing Accounts$98,984$122,704▲ $23,720
Inventories for Sale or Use$25,737$24,983▼ $754
Prepaid Expenses and Deferred Charges$7,704--
Intangible Assets$4,283$0▼ $4,283
Accounts Receivable$173$173→ $0
Total Assets$1,884,126$1,973,795▲ $89,669
Liabilities
Mortgage Notes Payable Secured by Investment Property$661,295$728,490▲ $67,195
Accounts Payable and Accrued Expenses$89,810$80,019▼ $9,791
Deferred Revenue$27,210$76,257▲ $49,047
Total Liabilities$778,315$884,766▲ $106,451
Net Assets / Fund Balance
Unrestricted Net Assets$1,080,311$1,020,272▼ $60,039
Temporarily Rstr Net Assets$25,500$68,757▲ $43,257
Total Net Assets Fund Balance$1,105,811$1,089,029▼ $16,782
Total Liabilities and Net Assets / Fund Balance$1,884,126$1,973,795▲ $89,669

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,390,208$906,756$2,296,964
Other Land Buildings$164,335$137,340$301,675
Land$271,392-$271,392
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Steven PalamarPresidentFT$80,293$80,293

Board Members and Trustees

NameTitle
James GallagherVice President
Adam MaxDirector
Ann CrossDirector
Grace EngbringDirector
Mark DaltonDirector
Scott SwankDirector
James I Black IiiSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$609,610
Program Service Revenue
$554,888
Investment Income
$8,283
Other Revenue
$112,307
All Other Contributions
$594,610
Change in Net Assets
$-16,782

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table100$40,000Market Value
Other Non Cash Contri Table1$14,000Market Value
Total Noncash Contributions101$54,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,285,088
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,285,088
Total Revenue per Form 990
$1,285,088
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$760,298
Salaries, Compensation, and Employee Benefits$541,572
Total Fundraising Expense$60,406
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$275,106$45,840$41,379$362,325
Fees for Services Other$242,732$13,071$628$256,431
Occupancy$107,578--$107,578
Depreciation Depletion$85,771$871-$86,642
Current Officers, Directors, Trustees, and Key Employees$49,542$27,634$6,909$84,085
Other Employee Benefits$42,119$9,704$6,274$58,097
Advertising$44,275--$44,275
Payroll Taxes$26,944$6,107$4,014$37,065
Office Expenses$18,465$12,347$1,202$32,014
Interest$26,404--$26,404
Insurance$18,374$2,921-$21,295
Other Expenses$18,842$9,690-$18,842
Fees for Services Accounting-$12,448-$12,448
Travel$2,725$4,370-$7,095
Conferences and Meetings$210--$210
Total Functional Expenses$1,095,972$145,492$60,406$1,301,870

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,301,870
Total Expenses per Audited Statements$1,301,870
Total Expenses per Form 990$1,301,870
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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

Form 990, Part VI, Section B, line 11B

“The board has requested the President to review the 990 on their behalf. The President reports to the board, and the board has the ability to make changes prior to filing. Once the 990 is approved by the board, it is filed.”

Form 990, Part VI, Section B, line 12C

“Directors, officers and key employees are required to complete a questionnaire annually and provide it to the director of finance and business affairs.”

Form 990, Part VI, Section B, line 15A

“The board reviews the salary structure for the director of finance and business affiars and event director positions annually. Information used includes comparability of similar positions to the local pay structure and performance based standards. The discussion is held in executive session and is not included in the minutes.”

Form 990, Part VI, Section C, line 19

“Upon request, the Foundation provides copies of governing documents and the annual audit to interested parties.”

Filing and Contact Details

Filer

Filer Name
Sheridan Arts Foundation
EIN
84-1166423
Phone
9707286363
Address
PO BOX 2680, TELLURIDE, CO 81435

Signing Officer

Name
Steve Palamar
Title
President
Phone
9707286363
Signed
2018-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Palamar
Formed
1991
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
13
Volunteers
25

Preparer

Firm
Reese Henry & Company Inc
Address
400 East Main St Suite 2, Aspen, CO 81611
Preparer
Denise Jurgens CPA
Phone
9709253771
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“CONTRACT LABOR: Program service expenses 40,610. Management and general expenses 956. Fundraising expenses 628. Total expenses 42,194. ARTIST FEES: Program service expenses 202,122. Management and general expenses 0. Fundraising expenses 0. Total expenses 202,122. CONSULTING: Program service expenses 0. Management and general expenses 12,115. Fundraising expenses 0. Total expenses 12,115.”

Financial Statement Notes

Part X, Line 2:

“The Foundation had no material unrecognized tax benefits for the year ended September 30, 2017. As a result, no interest or penalties were accrued for unrecognized tax benefits during the year.”

Raw XML AppendixShowing 400 of 494 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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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt06274
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09704
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt042119
IRS990/OtherEmployeeBenefitsGrp/TotalAmt058097
IRS990/OtherExpensesGrp/Desc0ARTIST FOOD, LODGING,,
IRS990/OtherExpensesGrp/Desc1BANK & CC FEES/ TIX HAN
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/Desc3SPECIAL EQUIPMENT/DECOR
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0489
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19690
IRS990/OtherExpensesGrp/ProgramServicesAmt096365
IRS990/OtherExpensesGrp/ProgramServicesAmt130541
IRS990/OtherExpensesGrp/ProgramServicesAmt29979
IRS990/OtherExpensesGrp/ProgramServicesAmt318842
IRS990/OtherExpensesGrp/TotalAmt096365
IRS990/OtherExpensesGrp/TotalAmt131030
IRS990/OtherExpensesGrp/TotalAmt219669
IRS990/OtherExpensesGrp/TotalAmt318842
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt041379
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt045840
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0275106
IRS990/OtherSalariesAndWagesGrp/TotalAmt0362325
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04014
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06107
IRS990/PayrollTaxesGrp/ProgramServicesAmt026944
IRS990/PayrollTaxesGrp/TotalAmt037065
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07704
IRS990/PrincipalOfficerNm0STEVEN PALAMAR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/BusinessCd1711300
IRS990/ProgramServiceRevenueGrp/BusinessCd2711300
IRS990/ProgramServiceRevenueGrp/Desc0Event Admissions
IRS990/ProgramServiceRevenueGrp/Desc1Facility Rentals
IRS990/ProgramServiceRevenueGrp/Desc2Other Program Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0414676
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1135574
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24638
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0414676
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1135574
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24638
IRS990/ProgSrvcAccomActy2Grp/Desc0YOUNG PEOPLE'S THEATER IS A DIVERSE AND FLOURSHING CENTER FOR YOUNG THESPIANS THAT HAS AN ENROLLMENT OF OVER 200 CHILDREN BETWEEN AGES 2 AND 18 EACH YEAR. THE PROGRAM FEES ARE BASED ON FINANCIAL ABILITY. SEVERAL CLASSES ARE HELD AND 7 SHOWS PER YEAR ARE PRESENTED AT THE OPERA HOUSE. 600 PEOPLE ATTENDED PER SHOW.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt019208
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt057792
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0614156
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02660
IRS990/PYOtherExpensesAmt0691175
IRS990/PYOtherRevenueAmt0106707
IRS990/PYProgramServiceRevenueAmt0510143
IRS990/PYRevenuesLessExpensesAmt0-7865
IRS990/PYSalariesCompEmpBnftPaidAmt0550356
IRS990/PYTotalExpensesAmt01241531
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01233666
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-16782
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0589003
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0263500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0284500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt0313200
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0202500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0201000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt01264700
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0576125
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0614156
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0557698
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0421111
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0374344
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02543434
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt08283
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02660
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt024
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt010973
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0987115
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0813428
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0753315
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0866819
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0805646
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04226323
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt08283
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02660
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt024
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt010973
IRS990ScheduleA/InvestmentIncomeCYPct00.00160
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.77930
IRS990ScheduleA/PublicSupportPY509Pct00.76760
IRS990ScheduleA/PublicSupportTotal509Amt05284513
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0278070
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0292652
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0344530
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0225128
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0344864
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01485244
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt014570
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt08152
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt031330
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt022628
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0143864
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0220544
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01563240
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01427584
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01311013
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01287930
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01179990
IRS990ScheduleA/Total509Grp/TotalAmt06769757
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01571523
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01430244
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01311013
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01287936
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01180014
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06780730
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01390208
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0906756
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02296964
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01301870
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0271392
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0271392
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0164335
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0137340
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0301675
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01285088
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation had no material unrecognized tax benefits for the year ended September 30, 2017. As a result, no interest or penalties were accrued for unrecognized tax benefits during the year.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01825935
IRS990ScheduleD/TotalExpensesPerForm990Amt01301870
IRS990ScheduleD/TotalRevenuePerForm990Amt01285088
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01285088
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01301870
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0100
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt11
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0LODGING
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1STAGE CURTAINS RESTORATION
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0MARKET VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1MARKET VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt040000
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt114000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board has requested the President to review the 990 on their behalf. The President reports to the board, and the board has the ability to make changes prior to filing. Once the 990 is approved by the board, it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A QUESTIONNAIRE ANNUALLY AND PROVIDE IT TO THE DIRECTOR OF FINANCE AND BUSINESS AFFAIRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board reviews the salary structure for the director of finance and business affiars and event director positions annually. Information used includes comparability of similar positions to the local pay structure and performance based standards. The discussion is held in executive session and is not included in the minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Upon request, the Foundation provides copies of governing documents and the annual audit to interested parties.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACT LABOR: Program service expenses 40,610. Management and general expenses 956. Fundraising expenses 628. Total expenses 42,194. ARTIST FEES: Program service expenses 202,122. Management and general expenses 0. Fundraising expenses 0. Total expenses 202,122. CONSULTING: Program service expenses 0. Management and general expenses 12,115. Fundraising expenses 0. Total expenses 12,115.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15a

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,973,795
Liabilities
$884,766
Net assets
$1,089,029
Revenue
$1,285,088
Expenses
$1,301,870
Net income
-$16,782
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.82$0.68$2.14$1.54$1.67$0.13
2023Detailed filing. Detailed filing data is available for this year.$2.93$0.66$2.27$1.53$1.62$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.01$0.67$2.34$1.47$1.33$0.15
2021Detailed filing. Detailed filing data is available for this year.$2.97$0.77$2.19$1.72$1.05$0.67
2020Detailed filing. Detailed filing data is available for this year.$2.25$0.73$1.52$1.40$1.26$0.14
2019Detailed filing. Detailed filing data is available for this year.$2.06$0.68$1.38$1.63$1.50$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.97$0.72$1.25$1.51$1.43$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.97$0.81$1.17$1.39$1.40$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.97$0.88$1.09$1.29$1.30$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.88$0.78$1.11$1.23$1.24$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.51$0.39$1.11$1.21$1.20$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.53$0.43$1.10$1.30$1.30$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.41$1.11$1.16
2012Summary only. Only limited summary data is available for this year.$1.52$0.43$1.09$0.96$1.07$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.46$1.19$1.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.48$1.15$1.04