Sioux Falls Arts Council
- Assets
- $168.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 07/1986
- Data as of
- 12/2021
- EIN
- 46-0354287
Organization Overview
Sioux Falls Arts Council is located in Sioux Falls, SD. The organization was established in 1986. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Sioux Falls Arts Council 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, Sioux Falls Arts Council generated $127.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $99.2k during the year ending 12/2021. While expenses have increased by 1.3% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kellen Boice Executive Director | 40 | $39,900 | |
Mike Jamison President | 0.1 | $0 | |
Wes Eisenhauer Vice President | 0.1 | $0 | |
Kira Christensen Dylla Secretary | 0.1 | $0 | |
Boyd Perkins Director | 0.1 | $0 | |
Jeff Holcomb Treasurer | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $121,813 |
| Total Program Service Revenue | $793 |
| Membership dues | $0 |
| Investment income | $3,000 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,130 |
| Other Revenue | $0 |
| Total Revenue | $127,736 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $43,050 |
| Professional fees and other payments to independent contractors | $8,183 |
| Occupancy, rent, utilities, and maintenance | $8,396 |
| Printing, publications, postage, and shipping | $661 |
| Other expenses | $38,939 |
| Total expenses | $99,229 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,835 |
| Other assets | $0 |
| Total assets | $168,522 |
| Total liabilities | $668 |
| Net assets or fund balances | $167,854 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Sioux Falls Arts Council has recieved totaling $31,500.
| Awarding Organization | Amount |
|---|---|
Sioux Falls Area Community Foundation Inc Sioux Falls, SD PURPOSE: SIOUX FALLS STAGE, COMMUNICATIONS AND MARKETING INTERNSHIP, AND GENERAL SUPPORT | $17,500 |
Sanford Sioux Falls, SD PURPOSE: Yearly donation in support of the local arts and sculpture walk in SF | $10,000 |
Sioux Steel Company Foundation Sioux Falls, SD PURPOSE: COMMUNITY ART DEVELOPMENT | $2,500 |
Midcontinent Foundation Minneapolis, MN PURPOSE: OUR GOAL IS TO HOST PERIODICAL SHOWINGS THAT EXHIBIT PIECES FROM LOCAL ASPIRING YOUNG PHOTOGRAPHERS. THE GOAL OF THESE SHOWS WILL BE TO HELP THESE ARTISTS (SPECIFICALLY IN THE PHOTOGRAPHY FIELD) GAIN A FOOTING IN THE ART SCENE, BY FEATURING THEIR WORK AND PROVIDING A NETWORK OF CONNECTIONS TO THEM. THIS BEING SAID, THE BULK OF OUR EXPENSES WILL COME FROM PUTTING ON THESE SHOWS. THESE EXPENSES INCLUDE VENUE RENTAL AND AMENITIES (SUCH AS REFRESHMENTS), ADVERTISING AND MARKETING FOR INDIVIDUAL EVENTS, AND COSTS TO DISPLAY THE PIECES (PRINTING, FRAMING, BACKING). | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Humanities Center St Paul, MN | $15,490,899 | $2,258,980 |
Metropolitan Regional Arts Council St Paul, MN | $2,676,962 | $5,717,209 |
Nebraska Humanities Council Lincoln, NE | $300,556 | $1,742,597 |
Pottawattamie Arts Culture & Entertainment Council Bluffs, IA | $21,175,917 | $2,201,183 |
Union For Contemporary Art Inc Omaha, NE | $4,100,351 | $2,843,847 |
Humanties Montana Missoula, MT | $548,269 | $1,292,883 |
Reif Arts Council Grand Rapids, MN | $641,981 | $1,377,956 |
Central Minnesota Arts Board Foley, MN | $714,262 | $1,088,614 |
North Dakota Humanities Council Bismarck, ND | $606,082 | $1,234,062 |
Arts Council Of Big Sky Big Sky, MT | $1,365,916 | $1,170,034 |
Southwest Minnesota Arts Council Marshall, MN | $626,781 | $1,000,524 |
Lake Region Arts Council Inc Fergus Falls, MN | $216,379 | $880,468 |