Element 11 Inc
- Assets
- $310.8k
- Revenue
- $282.3k
- Investments
- $0.0
- Employees
- 0
- Location
- salt lake city, UT
- Founding
- 07/2012
- Data as of
- 12/2021
- EIN
- 45-3651957
Organization Overview
Element 11 Inc is located in salt lake city, UT. The organization was established in 2012. 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. Element 11 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, Element 11 Inc generated $282.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $185.8k during the year ending 12/2021. While expenses have increased by 13.4% per year over the past 6 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
TO CREATE AND SUSTAIN A COMMUNITY OF CREATIVITY AND SELF-EXPRESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE HELD OUR ANNUAL ARTS FESTIVAL IN SEPTEMBER, SPANNING 4-DAY AND 3 NIGHTS FROM THURS SEPT 23 - SUN SEPT 26. 1800 PERSONS ATTENDED THE FESTIVAL, AND APPROXIMATELY 300 PERSONS VOLUNTEERED. WE ISSUED STANDARD ART GRANTS TO 47 ATTENDEES TOTALING $ 34 699. IN ADDITION, WE ISSUED NEW PERFORMER GRANTS TO 6 ARTISTS APPEARING ON THE CENTER CAMP STAGE TOTALING $ 1 200.
SE HELD START ON SAT JULY 10. THIS IS A FANTASTIC COMMUNITY EVENT TO SOCIALIZE, NETWORK, AND SHOWCASE ART & ARTISTS. APPROXIMATELY 150 PERSONS ATTENDED. WE GAVE AN ART GRANT OF $200 TO A MUSICIAN FOR THIS EVENT.
ELEMENT 11 ALSO INTEREACTED WITH THE LARGER UTAH ARTISTS COMMUNITY IN A VARIETY OF FORMS AND EVENTS. WE GAVE $1 000 IN ART GRANTS TO BURNERS WITHOUT BORDERS VIA BURNING MAN. WE ALSO GAVE $ 400 TO AN ARTIST WHO PARTICIPATED AT ILLUMINATE IN DOWNTOWN SALT LAKE VIA OUR PARTNERSHIP WITH THE UTAH ARTS ALLIANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Silva Chairwoman | OfficerTrustee | 3 | $0 |
Jordan Lenaburg General Manager | OfficerTrustee | 3 | $0 |
Janis Mayfield Safety Director | Trustee | 3 | $0 |
Kendra Bradberry Production Director | Trustee | 1 | $0 |
Claudio Olivares Marketing Director | Trustee | 3 | $0 |
Rebekah White Myers Arts Director | Trustee | 1 | $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 | $361 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $361 |
| Total Program Service Revenue | $281,721 |
| Investment income | $254 |
| 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 | $282,336 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| Grants and other assistance to domestic individuals. | $36,499 |
| 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 | $13,583 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,055 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,880 |
| Advertising and promotion | $562 |
| Office expenses | $81 |
| Information technology | $1,306 |
| Royalties | $0 |
| Occupancy | $6,281 |
| Travel | $1,948 |
| 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 | $3,125 |
| All other expenses | $23,037 |
| Total functional expenses | $185,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $959 |
| Savings and temporary cash investments | $309,811 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $310,770 |
| 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 | $310,770 |
| 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 | $310,770 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Element 11 Inc has recieved totaling $322.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $322 |
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 |