Wasatch Sunshine Terrace Supportfoundation is located in Logan, UT. The organization was established in 2009. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Wasatch Sunshine Terrace Supportfoundation 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, Wasatch Sunshine Terrace Supportfoundation generated $169.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.7%) each year. All expenses for the organization totaled $122.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FINANCIAL SUPPORT TO THE SUNSHINE TERRACE FOUNDATION, WHICH IS AN EXEMPT ORGANIZATION UNDER IRC (C)(3).
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FINANCIAL SUPPORT TO THE SUNSHINE TERRACE FOUNDATION, WHICH IS AN EXEMPT ORGANIZATION UNDER IRC (C)(3).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bruce Leishman President, Trustee | OfficerTrustee | 0 | $0 |
Frank Coppin Treasurer, Trustee | OfficerTrustee | 0 | $0 |
Lee Rulis Vice President, Trustee | OfficerTrustee | 0 | $0 |
Ryan Lindsey Secretary, Trustee | OfficerTrustee | 0 | $0 |
Paul Simkins Trustee | Trustee | 0 | $0 |
Jared Ripplinger Trustee | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $157,032 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $169,332 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $120,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $400 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $122,150 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $121,267 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $1,962,779 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,084,046 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $2,084,046 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,084,046 |
Over the last fiscal year, we have identified 1 grants that Wasatch Sunshine Terrace Supportfoundation has recieved totaling $100,000.
Awarding Organization | Amount |
---|---|
American Endowment Foundation Hudson, OH PURPOSE: PROGRAMS | $100,000 |
Organization Name | Assets | Revenue |
---|---|---|
Friends Of Public Radio Arizona Tempe, AZ | $7,510,291 | $7,440,783 |
Denver Art Museum Foundation Denver, CO | $207,954,853 | $33,249,188 |
Museum Of New Mexico Foundation Santa Fe, NM | $51,964,866 | $8,605,972 |
Dmns Foundation Denver, CO | $168,202,725 | $31,941,607 |
Clyfford Still Museum Foundation Denver, CO | $160,969,221 | $5,009,227 |
Helen G Bonfils Foundation Denver, CO | $34,648,703 | $452,300 |
Phoenix Art Museum Endowment Fund Inc Phoenix, AZ | $32,304,336 | $805,868 |
Aspen Art Museum Foundation Aspen, CO | $41,258,930 | $3,796,374 |
Supporting Organization For The Georgia Okeeffe Museum Santa Fe, NM | $37,410,321 | $24,399,680 |
Rocky Mountain Public Media Qalicb Inc Denver, CO | $25,359,450 | $1,002,000 |
Holt-Smithson Foundation Santa Fe, NM | $35,327,720 | $1,039,251 |
Devils Tower Natural History Association Devils Tower, WY | $938,383 | $1,152,009 |