Overview
What is Salem Art Association?
The Salem Art Association, located in Salem, Oregon, has been a significant part of the local cultural scene for nearly seven decades. Its primary activity is the annual Salem Art Fair & Festival, which attracts over 36,000 people annually. This event features over 210 artists, live music, theater and dance performances, craft beer and wine gardens, various food options, and numerous activities for children. The association's mission is to foster creativity, improve lives, and contribute to a more vibrant and interconnected community by promoting the fine arts and crafts. Beyond the fair, the Salem Art Association organizes contemporary art exhibitions, offers arts education for both youth and adults, and preserves and interprets shared cultural heritage. With a team of 25 dedicated individuals, the association actively engages the community in appreciating the arts.
Official website here: www.salemart.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
The Salem Art Association has received an 81% rating from Charity Navigator, indicating a solid level of accountability and financial health. This score is derived entirely from their accountability and finance metrics, showcasing their commitment to transparent operations. The organization has achieved full scores in several key areas, reflecting strong governance practices, including having a majority of independent board members and a comprehensive conflict of interest policy.
Strengths identified in the assessment include a low liabilities to assets ratio of 9.03%, which suggests sound financial management. Additionally, the program expense ratio is notably high at 73.67%, indicating that a significant portion of their expenditures is directed towards their mission-related activities. This efficiency in resource allocation contributes positively to their overall sustainability and effectiveness.
While the rating is strong, potential donors and supporters might consider the organization's operational limits based on its financial profile. Understanding these dynamics can aid in making informed decisions about support and engagement with the Salem Art Association.
This AI summary has been generated from information found on Charity Navigator.
Is Salem Art Association legitimate?
Salem Art Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salem Art Association 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: $49,367
Professional Fundraising Fees: $0
Other Salaries and Wages: $335,409
For more financial information, click here
Official website here: www.salemart.org
What is the mission statement of Salem Art Association?
The Salem Art Association's mission is centered around engaging the community with the arts. This is achieved through contemporary art exhibitions and events, arts education for both youth and adults, and the preservation and interpretation of shared cultural heritage. By doing so, the association aims to expand creativity, improve lives, and foster a more vibrant and connected community.
For nearly seven decades, the Salem Art Association has been a significant part of the cultural scene, annually hosting the Salem Art Fair & Festival. This event, drawing over 36,000 people each year, features over 210 artists, live music, theatre and dance performances, craft beer and wine gardens, food booths, a kids' court with art activities, a cultural community with a demonstration stage, a plant sale, and much more. The Salem Art Fair & Festival is committed to upholding the importance of fine arts and crafts, providing access to a variety of artistic mediums appealing to both art appreciators and collectors alike.
Official website here: www.salemart.org
Who is the CEO of Salem Art Association?
Matthew Boulay is the Director of Salem Art Association.
Official website here: www.salemart.org
What is the revenue of Salem Art Association?
Salem Art Association's revenue in 2022 was $1,127,465.
Official website here: www.salemart.org
Who are the executives of Salem Art Association and what are their salaries?
The average compensation at Salem Art Association during 2022 was $15,391. There are 25 employees and 967 volunteers at Salem Art Association.
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Official website here: www.salemart.org
Where can I find the form 990 for Salem Art Association?
Salem Art Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.salemart.org
Learn more at the official website: www.salemart.org
Mission Statement of Salem Art Association
The Salem Art Association, a venerable organization, is dedicated to engaging the community in the appreciation of the arts. It accomplishes this mission through contemporary art exhibitions and events, arts education for both youth and adults, and the preservation and interpretation of shared cultural heritage. For nearly seven decades, this association has been a significant part of the region's cultural calendar, showcasing the annual Salem Art Fair & Festival. This event, which started in 1949, now draws over 36,000 people annually. It features more than 210 artists, live music, theatre and dance performances, craft beer and wine gardens, food booths, a kids' court with artistic activities, a cultural community with a demonstration stage, a plant sale, and various other attractions. The Salem Art Fair & Festival is committed to upholding the significance of fine arts and crafts by providing access to a diverse range of artistic mediums, appealing to both art connoisseurs and collectors.
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Impact
July, 2024
The Salem Art Association harnesses the power of the arts to expand creativity, improve lives, and foster a more vibrant and connected community. For nearly seven decades, the Salem Art Association has been presenting the annual Salem Art Fair & Festival, drawing over 36,000 people each year. This event, which started in 1949, is now the largest art fair in Oregon and the second largest in the Pacific Northwest.
Over the course of three days, the Salem Art Fair & Festival features more than 210 artists, live music, theatre, and dance on two entertainment stages, two craft beer and wine gardens, more than 20 food booths, a kid's court with art activities, a cultural community with a demonstration stage, a plant sale, and much more. The association is committed to upholding the importance of the fine arts and crafts by providing access to a range of artistic mediums appealing to both art appreciators and art collectors alike.
Through contemporary art exhibitions, events, arts education for youth and adults, and the preservation and interpretation of shared cultural heritage, the Salem Art Association actively engages the community in the appreciation of the arts.
This information is meant to be a general summary of Salem Art Association. 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: $2
- Program Service Revenue: $242,838
- Gross Receipts: $1,190,471
Assets and Liabilities:
- Total Assets: $710,556
- Total Liabilities: $64,272
- Net Assets: $646,284
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ART FAIR
Revenue
$235,179
EDUCATION FEES
Revenue
$7,659
Organization Details
Founding Year
1938
Phone
(503) 581-2228Principal Officer
Matthew Boulay
Main Address
600 MISSION ST SE, SALEM, OR, 97302
Website
www.salemart.orgNTEE Category
Code: A200 - Arts
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