Basque Foundation Inc
- Assets
- $1.0m
- Revenue
- $182.1k
- Investments
- $0.0
- Employees
- 15
- Location
- Boise, ID
- Founding
- 02/2008
- Data as of
- 12/2021
- EIN
- 26-0513270
Organization Overview
Basque Foundation Inc is located in Boise, ID. The organization was established in 2008. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Basque Foundation Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Basque Foundation 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, Basque Foundation Inc generated $182.1k 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 (8.6%) each year. All expenses for the organization totaled $180.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER, PROMULGATE AND SPREAD THE BASQUE CULTURE AND HERITAGE TO ITS MEMBERS, ITS MEMBERS' DESCENDANTS, THE PUBLIC, FRIENDS AND SUPPORTERS OF THE BASQUE COMMUNITY IN THE STATE OF IDAHO OR ELSEWHERE THROUGH OFFERING EDUCATIONAL PROGRAMS AND ACTIVITIES FOCUSING ON BASQUE STUDIES, MUSIC, DANCING, CUISINE AND RECREATION AND TO PROVIDE ECONOMIC ASSISTANCE TO ANY PERSON MAIMED OR FALLING SICK.
Describe the Organization's Program Activity:
ECONOMIC ASSISTANCE TO INDIVIDUALS
EVENTS AND ACTIVITIES CELEBRATING AND PROMOTING THE BASQUE COMMUNITY, CULTURE, & HERITAGE.
OPERATION OF A BAR FOR MEMBER USE AND ENJOYMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patty Gabica Haas Secretary/tr | OfficerTrustee | 20 | $12,600 |
Ed Orbea President | OfficerTrustee | 2 | $0 |
Alicia Knox Vice Preside | OfficerTrustee | 2 | $0 |
Johnny Boyd Director | Trustee | 1 | $0 |
Martin Bilbao Director | Trustee | 1 | $0 |
Ryan Boyd Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $44,790 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $55,740 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,394 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $132,924 |
| Total Program Service Revenue | $7,114 |
| Investment income | $3,407 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$20,437 |
| Net Gain/Loss on Asset Sales | $2,734 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $56,404 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $182,146 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $9,650 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $12,600 |
| Compensation of current officers, directors, key employees. | $12,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $53,985 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,413 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,744 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,803 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,014 |
| 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 | $6,002 |
| Insurance | $5,419 |
| All other expenses | $15,459 |
| Total functional expenses | $180,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $278,959 |
| Savings and temporary cash investments | $521,259 |
| 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 | $233,392 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,033,610 |
| Accounts payable and accrued expenses | $2 |
| 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 | $2 |
| Net assets without donor restrictions | $0 |
| 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 | $500 |
| Retained earnings, endowment, accumulated income, or other funds | $1,033,108 |
| Total liabilities and net assets/fund balances | $1,033,610 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Basque Foundation Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Tomlinson Foundation Inc Boise, ID PURPOSE: FURTHER THE PURPOSE OF THE CHARITY | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wyrulec Company Torrington, WY | $49,058,278 | $20,800,200 |
Tuacahn Center For The Arts Ivins, UT | $34,690,918 | $26,402,780 |
Utah Certified Development Company Ogden, UT | $3,055,296 | $3,200,082 |
Shunpike Seattle, WA | $2,155,050 | $3,145,389 |
Davis Performing Arts Association Centerville, UT | $4,174,799 | $3,299,831 |
Utah Arts Alliance Salt Lake City, UT | $1,603,300 | $1,841,835 |
On The Boards Seattle, WA | $8,063,400 | $5,761,969 |
Pioneer Center For The Performing Arts Reno, NV | $12,422,546 | $490,309 |
Cache Valley Center For The Arts Logan, UT | $6,652,060 | $2,240,065 |
Davis Arts Council Inc Layton, UT | $639,188 | $1,047,516 |
Beaverton Arts Foundation Inc Beaverton, OR | $11,885,314 | $4,596,836 |
Whidbey Island Center For The Arts Langley, WA | $2,928,245 | $860,208 |