Sculpturewalk Inc

Organization Overview

Sculpturewalk Inc is located in Sioux Falls, SD. The organization was established in 2007. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Sculpturewalk Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sculpturewalk Inc 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, Sculpturewalk Inc generated $385.0k 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 (13.9%) each year. All expenses for the organization totaled $403.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATIONS MISSION IS TO BRING ART TO THE PEOPLE AND ITS GUIDING PRINCIPLE IS TO BE THE HIGHEST QUALITY MOST PROFESSIONAL FINANCIALLY STRONG ARTIST FRIENDLY YEAR ROUND OUTDOOR SCULPTURE PROGRAM IN THE UNITED STATES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCULPTUREWALK IS A NONPROFIT ORGANIZATION AND IS THE LARGEST ANNUAL EXHIBIT OF PUBLIC SCULPTURES IN THE WORLD. THE SCULPTURES ARE TYPICALLY INSTALLED IN MAY OF EACH YEAR AND ARE REMOVED IN APRIL OF THE FOLLOWING YEAR TO MAKE ROOM FOR NEW INCOMING SCULPTURES. MOST SCULPTURES ARE AVAILABLE FOR LONGTERM LEASE OR PURCHASE. SATELLITE PROGRAMS ARE AVERA MCKENNAN HOSPITAL TEN INDOOR SCULPTURE EXHIBIT UNIVERSITY OF SIOUX FALLS ELEVEN SCULPTURES ON CAMPUS UNIVERSITY OF SOUTH DAKOTA WITH SEVEN SCULPTURES CITY OF VERMILLION SD WITH FIVE SCULPTURES CITY OF WATERTOWN SD HAS SEVENTEEN SCULPTURES AND TWENTY-FOUR SCULPTURES ON LEASE AT VARIOUS LOCATIONS IN SIOUX FALLS SD. THE SCULPTURES COMPETE FOR PEOPLE'S CHOICE AWARD AND THE WINNING SCULPTURE IS PURCHASED BY THE CITY OF SIOUX FALLS. APPROXIMATELY THREE HUNDRED THOUSAND PEOPLE EXPERIENCE SCULPTUREWALK EVERY YEAR. THE PROGRAM IS GOING INTO IT'S 20TH YEAR IN 2022.


THE ARC OF DREAMS IS A MONUMENTAL STAINLESS STEEL SCULPTURE THAT SPANS ACROSS THE BIG SIOUX RIVER IN DOWNTOWN SIOUX FALLS IT IS NEARLY THE LENGTH OF A FOOTBALL FIELD. AT THE CENTER OF THE ARC OF DREAMS IS A 15 FOOT GAP 85 FEET ABOVE THE RIVER REPRESENTING THE LEAP OF FAITH DREAMERS TAKE TO SEE THEIR DREAMS COME TRUE.THE SCULPTURE WAS INSTALLED IN JULY 2019 AND WAS MADE POSSIBLE BY THE GENEROSITY OF OVER SEVEN HUNDRED TWENTY DONORS.


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Board, Officers & Key Employees

Name (title)Compensation
Regan Smith
President
$0
Andrew Eitreim
Vice President
$0
Jeff Pray
Treasurer
$0
Candi Grossenburg
Secretary
$0
Brandon Hanson
Executive Director
$0
Jim Clark
Executive Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Dale Lamphere
Creation Of A Sculpture
$1,039,499
Hayward Baker Inc
Microdrilling On Site
$199,600
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$40,850
Related organizations$0
Government grants $56,617
All other contributions, gifts, grants, and similar amounts not included above$183,674
Noncash contributions included in lines 1a–1f $3,600
Total Revenue from Contributions, Gifts, Grants & Similar$281,141
Total Program Service Revenue$86,806
Investment income $1,924
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $9,566
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $5,592
Miscellaneous Revenue$0
Total Revenue $385,029

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Sculpturewalk Inc has recieved totaling $36,500.

Awarding OrganizationAmount
Sheldon F Reese Foundation

Sioux Falls, SD

PURPOSE: GENERAL ASSISTANCE

$25,000
South Dakota Community Foundation

Pierre, SD

PURPOSE: Community welfare and betterment

$11,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$19,150
Earnings$1,728
Net Contributions$100
Ending Balance$20,978

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