Zelma Basha Salmeri Art Foundation
- Assets
- $20.5m
- Revenue
- $19.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Chandler, AZ
- Founding
- 06/2007
- Data as of
- 12/2021
- EIN
- 20-5393749
Organization Overview
Zelma Basha Salmeri Art Foundation is located in Chandler, AZ. The organization was established in 2007. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zelma Basha Salmeri Art Foundation 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 12/2021, Zelma Basha Salmeri Art Foundation generated $19.3m in total revenue. All expenses for the organization totaled $157.1k during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF CONTEMPORARY WESTERN AND NATIVE AMERICAN ART GALLERY PAINTINGS, WATERCOLORS, FEATURING ACRYLICS, PASTELS, CHARCOAL DRAWINGS, PEN & INKS, WOOD AND NATURAL STONE SCULPTURES, WOOD-TURNED BOWLS,
BASKETRY, POTTERY, KACHINAS, AND JEWELRY OPEN TO THE PUBLIC, FREE OF ADMISSION
OPERATION OF CONTEMPORARY WESTERN AND NATIVE AMERICAN ART GALLERY PAINTINGS, WATERCOLORS, FEATURING ACRYLICS, PASTELS, CHARCOAL DRAWINGS, PEN & INKS, WOOD AND NATURAL STONE SCULPTURES, WOOD-TURNED BOWLS,
BASKETRY, POTTERY, KACHINAS, AND JEWELRY OPEN TO THE PUBLIC, FREE OF ADMISSION
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $19,340,910 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,340,910 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $72,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $85,100 |
| Total operating and administrative expenses | $157,100 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $157,100 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,790 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $20,511,280 |
| Total assets | $20,514,070 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Francisco Museum Of Modern Art San Francisco, CA | $782,459,375 | $60,826,981 |
Denver Art Museum Inc Denver, CO | $201,676,348 | $57,180,332 |
Asian Art Museum Foundation Of San Francisco San Francisco, CA | $256,031,716 | $41,593,816 |
Armand Hammer Museum Of Art And Cultural Center Inc Los Angeles, CA | $286,371,378 | $27,039,549 |
The Broad Los Angeles, CA | $573,557,667 | $36,313,761 |
Museum Of Contemporary Art Los Angeles, CA | $173,324,238 | $20,204,928 |
San Diego Museum Of Art San Diego, CA | $78,902,831 | $13,995,818 |
Phoenix Art Museum Phoenix, AZ | $7,242,004 | $9,400,156 |
Crocker Art Museum Association Sacramento, CA | $31,464,464 | $12,237,025 |
Aspen Art Museum Aspen, CO | $45,036,257 | $9,544,522 |
Nevada Museum Of Art Inc Reno, NV | $65,871,084 | $23,939,678 |
Georgia Okeeffe Museum Santa Fe, NM | $164,315,725 | $8,795,076 |