Anderson Ranch Arts Foundation
- Assets
- $19.6m
- Revenue
- $7.8m
- Investments
- $0.0
- Employees
- 65
- Location
- Snowmass Village, CO
- Founding
- 01/1974
- Data as of
- 12/2023
- EIN
- 23-7267983
Organization Overview
Anderson Ranch Arts Foundation, operating under the name Anderson Ranch Arts Center, is located in Snowmass Village, CO. The organization was established in 1974. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Anderson Ranch Arts Center employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anderson Ranch Arts Center 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 12/2023, Anderson Ranch Arts Center generated $7.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $6.7m during the year ending 12/2023. While expenses have increased by 3.7% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE INSTRUCTION IN THE FINE ARTS FOR 1,200 CHILDREN AND ADULTS ANNUALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKSHOPS ARE AT THE HEART OF ANDERSON RANCH'S MISSION, PROVIDING A DYNAMIC AND IMMERSIVE EXPERIENCE IN CREATIVITY FOR PARTICIPANTS OF ALL AGES AND SKILL LEVELS. THESE WORKSHOPS BRING TOGETHER A VIBRANT MIX OF STUDENTS AND DISTINGUISHED FACULTY, RESULTING IN TRANSFORMATIVE EXPERIENCES THAT FOSTER ARTISTIC GROWTH AND COMMUNITY. IN 2023, ANDERSON RANCH OFFERED 162 WORKSHOPS, WELCOMING 1,291 STUDENTS FROM ACROSS THE NATION, INCLUDING ADULTS, TEENS, AND CHILDREN. OUR DEDICATED STAFF, STATE-OF-THE-ART FACILITIES, AND SCENIC CAMPUS CREATE AN INSPIRING ENVIRONMENT THAT ATTRACTS A DIVERSE ARRAY OF PARTICIPANTS. WE ARE COMMITTED TO MAKING OUR PROGRAMS ACCESSIBLE TO PROMISING ARTISTS FROM ALL BACKGROUNDS. ANDERSON RANCH PROVIDES SCHOLARSHIPS FUNDED BY INDIVIDUAL DONORS AND FOUNDATIONS, THROUGH BOTH ENDOWED FUNDS AND SPECIAL GIFTS. SCHOLARSHIPS ARE AVAILABLE TO ALL ELIGIBLE APPLICANTS, AND WE PARTNER WITH 80 COLLEGES AND UNIVERSITIES TO AWARD SCHOLARSHIPS TO ADVANCED EMERGING ARTISTS. IN 2023, OVER 20% OF OUR WORKSHOP STUDENTS RECEIVED SCHOLARSHIP SUPPORT. OUR INNOVATIVE ARTISTIC INTERNSHIP AND AWARD PROGRAM SUPPORTS EMERGING ARTISTS, OFFERING HANDS-ON STUDIO EXPERIENCE AND FOSTERING INCLUSIVITY. ANDERSON RANCH ALSO MAINTAINS A STRONG DEDICATION TO DIVERSITY, EQUITY, INCLUSION, AND BELONGING (DEIB) WITH NEARLY HALF OF OUR FACULTY IDENTIFYING AS BIPOC, DEMONSTRATING OUR COMMITMENT TO A WELCOMING AND INCLUSIVE COMMUNITY.
ANDERSON RANCH OFFERS ESSENTIAL ON-CAMPUS AMENITIES TO ENHANCE THE EXPERIENCE OF OUR PROGRAM PARTICIPANTS. THESE SERVICES INCLUDE A DORMITORY, CAFE, LIBRARY, ART SUPPLIES STORE, AND EXHIBITION SPACE. BY PROVIDING FOOD, HOUSING, SUPPLIES, AND EXHIBITION OPPORTUNITIES, THE RANCH FOSTERS AN IMMERSIVE AND SUPPORTIVE ENVIRONMENT FOR ARTISTIC GROWTH.
THE ANDERSON RANCH ARTISTS-IN-RESIDENCE PROGRAM SUPPORTS THE CREATIVE, INTELLECTUAL, AND PROFESSIONAL GROWTH OF BOTH EMERGING AND ESTABLISHED VISUAL ARTISTS. RESIDENTS BENEFIT FROM DEDICATED STUDIO TIME AND ACCESS TO WORLD-CLASS FACILITIES IN AN ENVIRONMENT FREE FROM DAILY DISTRACTIONS, ALLOWING THEM TO FOCUS DEEPLY ON THEIR WORK. THE PROGRAM ENCOURAGES INTERDISCIPLINARY EXPLORATION AND FOSTERS A COLLABORATIVE COMMUNITY OF WORKING ARTISTS WHO ENGAGE IN MEANINGFUL EXCHANGES OF IDEAS. RESIDENTS ALSO RECEIVE VALUABLE FEEDBACK FROM ESTEEMED VISITING CRITICS, FURTHER ENRICHING THEIR ARTISTIC JOURNEY. IN 2023, ANDERSON RANCH WELCOMED 29 TALENTED ARTISTS ACROSS TWO RESIDENCY SESSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Waanders President & CEO | Officer | 40 | $238,152 |
Andrea Wallace Vice President, Artistic Affairs | Officer | 40 | $148,693 |
Ashley Todey Vice President & Chief Operating Officer | Officer | 40 | $192,919 |
Lindsy Fortier Director Of Marketing & Communications | 40 | $101,571 | |
Reggie Smith Chair | OfficerTrustee | 1 | $0 |
Lucy Wood Baird Vice Chair | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,399,651 |
| Related organizations | $0 |
| Government grants | $100,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,958,744 |
| Noncash contributions included in lines 1a–1f | $673,408 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,458,995 |
| Total Program Service Revenue | $1,666,788 |
| Investment income | $300,032 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $80,329 |
| Net Gain/Loss on Asset Sales | $348,811 |
| Net Income from Fundraising Events | -$411,651 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $398,869 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,842,173 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $354,882 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $631,743 |
| Compensation of current officers, directors, key employees. | $210,581 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,359,692 |
| Pension plan accruals and contributions | $38,782 |
| Other employee benefits | $340,995 |
| Payroll taxes | $227,121 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,911 |
| Fees for services: Accounting | $58,694 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,697 |
| Fees for services: Other | $650,013 |
| Advertising and promotion | $62,288 |
| Office expenses | $273,126 |
| Information technology | $122,394 |
| Royalties | $0 |
| Occupancy | $265,060 |
| Travel | $189,536 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,788 |
| Interest | $13,681 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $438,020 |
| Insurance | $126,835 |
| All other expenses | $166,522 |
| Total functional expenses | $6,722,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,959 |
| Savings and temporary cash investments | $799,254 |
| Pledges and grants receivable | $1,563,166 |
| Accounts receivable, net | $35,103 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,357 |
| Inventories for sale or use | $304,692 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,416,791 |
| Investments—publicly traded securities | $11,470,860 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $846,201 |
| Total assets | $19,639,383 |
| Accounts payable and accrued expenses | $282,036 |
| Grants payable | $0 |
| Deferred revenue | $308,973 |
| 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 | $468,985 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,059,994 |
| Net assets without donor restrictions | $5,655,146 |
| Net assets with donor restrictions | $12,924,243 |
| 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 | $19,639,383 |