High Valley Arts Foundation
- Assets
- $332.5k
- Revenue
- $249.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Midway, UT
- Founding
- 05/2009
- Data as of
- 12/2021
- EIN
- 26-3686064
Organization Overview
High Valley Arts Foundation is located in Midway, UT. The organization was established in 2009. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. High Valley Arts 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, High Valley Arts Foundation generated $249.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $116.6k during the year ending 12/2021. While expenses have increased by 5.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENCOURAGE, PROMOTE AND PRESERVE THE ARTS IN MIDWAY, UTAH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HVAF PRESENTED ARTISTIC AND HISTORICAL EVENTS IN MIDWAY, UTAH, WHICH WERE ENJOYED BY 10,500 PEOPLE FROM ALL OVER THE U.S. AND INCLUDE TWO BROADWAY MUSICALS, A SPRING CONCERT, TWO CHILDREN'S MUSICALS, AND A CHILDREN'S MUSICAL THEATER BOOT CAMP. THESE EVENTS PROVIDED AN ARTISTIC SHOWCASE FOR PERFORMERS AND ENJOYMENT FOR OUR AUDIENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marvin Rust Vice Preside | OfficerTrustee | 10 | $0 |
Susan Waldrip President | OfficerTrustee | 40 | $0 |
Stuart Waldrip Secretary/tr | OfficerTrustee | 10 | $0 |
Financial Statements
| 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 | $83,712 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,712 |
| Total Program Service Revenue | $166,022 |
| Investment income | $0 |
| 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 | $249,734 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $906 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,694 |
| Advertising and promotion | $8,687 |
| Office expenses | $2,109 |
| 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 | $3,934 |
| Insurance | $670 |
| All other expenses | $0 |
| Total functional expenses | $116,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $329,339 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,460 |
| 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 | $741 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $332,540 |
| 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 | $917 |
| Total liabilities | $917 |
| Net assets without donor restrictions | $331,623 |
| 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 | $332,540 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that High Valley Arts Foundation has recieved totaling $50,935.
| Awarding Organization | Amount |
|---|---|
John C Kish Foundation Las Vegas, NV PURPOSE: UNRESTRICTED GENERAL SUPPORT | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $935 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arvada Center For The Arts And Humanities Arvada, CO | $4,050,578 | $14,173,425 |
Mijente Support Committee Phoenix, AZ | $11,714,923 | $5,386,402 |
Mizel Center For Arts And Culture Denver, CO | $1,231,289 | $3,287,968 |
Breckenridge Creative Arts Breckenridge, CO | $2,416,753 | $3,508,124 |
Seriesfest Denver, CO | $743,501 | $1,745,266 |
Sangre De Cristo Arts & Conference Center Inc Pueblo, CO | $10,967,015 | $4,351,020 |
Pianos For Students Society Scottsdale, AZ | $2,398,640 | $2,853,923 |
Utah Arts Festival Foundation Inc Salt Lake City, UT | $348,898 | $1,497,242 |
Western Folklife Center Elko, NV | $4,175,367 | $1,317,220 |
Center Of Southwest Culture Inc Albuquerque, NM | $1,552,874 | $1,362,802 |
Sedona Arts Center Inc Sedona, AZ | $1,750,295 | $1,905,448 |
Littleton Town Hall Arts Center Littleton, CO | $1,947,271 | $2,195,342 |