Overview
What is Salt Lake Arts Council Foundation?
The Salt Lake Arts Council Foundation, located at 54 Finch Lane, Salt Lake City, Utah 84102, is a nonprofit organization dedicated to promoting and supporting artists, arts organizations, and various arts activities. Their mission is to foster the growth of the arts community and enhance public engagement by expanding awareness, access, and participation. They achieve this through organizing and sponsoring diverse programs, community engagement initiatives, and providing technical assistance and career development opportunities, often at minimal costs or for free. The organization's activities aim to enrich the lives of the community, fostering an appreciation for the arts and arts culture. With a team of 18 individuals, the Salt Lake Arts Council Foundation is committed to nurturing and celebrating artistic talent in Utah.
Official website here: www.saltlakearts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Salt Lake Arts Council Foundation has achieved a Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. This high rating is significant as it indicates that the organization is committed to transparency and responsible financial practices. The rating is based solely on the Accountability & Finance beacon, showcasing the foundation's dedication to maintaining a solid financial standing.
Strengths of the Salt Lake Arts Council Foundation include a fully independent board with 15 members, robust oversight of financial statements, and no reported material diversion of assets. Their financial ratios are also impressive, with program expenses comprising 88.35% of their budget, indicating that a majority of their funds are devoted to fulfilling their mission rather than administrative costs.
While the data does not highlight any specific limitations, it is important for potential donors and stakeholders to consider a comprehensive view of the organization's impact and programs. Overall, the Salt Lake Arts Council Foundation displays strong governance and financial health, making it a trustworthy option for supporting the arts in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Salt Lake Arts Council Foundation legitimate?
Salt Lake Arts Council Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salt Lake Arts Council Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $109,848
Professional Fundraising Fees: $0
Other Salaries and Wages: $607,057
For more financial information, click here
Official website here: www.saltlakearts.org
What is the mission statement of Salt Lake Arts Council Foundation?
The Salt Lake Arts Council Foundation's mission is centered around promoting, presenting, and supporting artists, arts organizations, and various arts activities. This is done with the intention of fostering the growth of the arts community and benefiting the public. The organization aims to expand awareness, access, and participation in the arts by organizing events and providing technical assistance and career development opportunities. Their activities often include performing, visual, and multidisciplinary arts programs, which are either offered for free or at a nominal fee to the public.
Official website here: www.saltlakearts.org
Who is the CEO of Salt Lake Arts Council Foundation?
Felicia Baca is the Exec Director of Salt Lake Arts Council Foundation.
Official website here: www.saltlakearts.org
What is the revenue of Salt Lake Arts Council Foundation?
Salt Lake Arts Council Foundation's revenue in 2022 was $2,133,751.
Official website here: www.saltlakearts.org
Who are the executives of Salt Lake Arts Council Foundation and what are their salaries?
The average compensation at Salt Lake Arts Council Foundation during 2022 was $39,828. There are 18 employees and 114 volunteers at Salt Lake Arts Council Foundation.
Here are 16 key members and their salaries:
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Official website here: www.saltlakearts.org
Where can I find the form 990 for Salt Lake Arts Council Foundation?
Salt Lake Arts Council Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.saltlakearts.org
Learn more at the official website: www.saltlakearts.org
Mission Statement of Salt Lake Arts Council Foundation
The Salt Lake Arts Council Foundation, a renowned organization, is dedicated to promoting, presenting, and supporting artists, arts organizations, and various arts activities. This endeavor is aimed at fostering the growth of the arts community and benefiting the public by expanding awareness, access, and participation in the arts. By organizing and supporting a multitude of programs, the foundation seeks to engage the community and provide career development opportunities for individuals at minimal or no cost. The foundation's activities encompass performing, visual, and multidisciplinary arts, ultimately contributing to the enrichment and enjoyment of the arts for all.
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Impact
July, 2024
The Salt Lake Arts Council Foundation's impact lies in promoting, presenting, and supporting artists, arts organizations, and arts activities to further the development of the arts community. They benefit the public by expanding awareness, access, and participation in performing, visual, and multidisciplinary arts programs. The foundation organizes and supports various programs, community engagement initiatives, and technical assistance/career development opportunities for the public either free of charge or for a nominal fee.
This information is meant to be a general summary of Salt Lake Arts Council Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,523
- Program Service Revenue: $29,772
- Gross Receipts: $2,144,888
Assets and Liabilities:
- Total Assets: $1,578,268
- Total Liabilities: $892,118
- Net Assets: $686,150
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VENDOR FEES
Revenue
$10,250
GALLERY COMMISSIONS
Revenue
$19,522
Organization Details
Founding Year
1979
Principal Officer
Felicia Baca
Main Address
54 FINCH LANE, SALT LAKE CITY, UT, 84102
Website
www.saltlakearts.orgNTEE Category
Code: A26 - Arts
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