Idaho Falls Arts Council Inc is located in Idaho Falls, ID. The organization was established in 1995. 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. As of 06/2022, Idaho Falls Arts Council Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Idaho Falls Arts Council 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 06/2022, Idaho Falls Arts Council Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. While expenses have increased by 0.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ARTS PROGRAM/FACILITIES TO THE PUBLIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE IDAHO FALLS ARTS COUNCIL'S PRIMARY OBJECTIVE IS TO PROMOTE VISUAL & PERFORMING ARTS EDUCATION, ARTS ADVOCACY IN SOUTHEASTERN IDAHO AND ALSO TO PROVIDE A FACILITY FOR THESE PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brandi Newton Executive Director | Officer | 40 | $85,327 |
Steve Carr Emeritus | Trustee | 1 | $0 |
Laurel Sayer Emeritus | Trustee | 1 | $0 |
Amy Brumfield Secretary | Trustee | 1 | $0 |
Kathy Simpson Board Member | Trustee | 1 | $0 |
Mary Lynn Hartwell Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $52,926 |
Fundraising events | $80,751 |
Related organizations | $0 |
Government grants | $17,801 |
All other contributions, gifts, grants, and similar amounts not included above | $350,512 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $501,990 |
Total Program Service Revenue | $439,944 |
Investment income | $104 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $161,525 |
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 | $1,600,181 |
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. | $429,979 |
Compensation of current officers, directors, key employees. | $51,598 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $38,808 |
Other employee benefits | $4,716 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,950 |
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 | $13,580 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $6,880 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,268 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $163,936 |
Insurance | $28,713 |
All other expenses | $187,226 |
Total functional expenses | $1,280,140 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $946,533 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $43,240 |
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 | $25,248 |
Net Land, buildings, and equipment | $2,810,794 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,825,815 |
Accounts payable and accrued expenses | $49,966 |
Grants payable | $0 |
Deferred revenue | $261,293 |
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 | $311,259 |
Net assets without donor restrictions | $3,514,556 |
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 | $3,825,815 |
Over the last fiscal year, we have identified 1 grants that Idaho Falls Arts Council Inc has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Anne Staton Voilleque Charitable Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Artsfund Seattle, WA | $5,262,172 | $15,058,277 |
Regional Arts & Culture Council Portland, OR | $19,063,213 | $7,551,679 |
Oregon Council For The Humanities Portland, OR | $2,576,725 | $2,357,647 |
Vashon Allied Arts Inc Vashon, WA | $19,851,781 | $1,862,824 |
Salt Lake Arts Council Foundation Salt Lake City, UT | $1,578,268 | $2,133,751 |
Arts Council Of Snohomish County Everett, WA | $7,624,681 | $2,433,304 |
Humanties Montana Missoula, MT | $548,269 | $1,292,883 |
Idaho Falls Arts Council Inc Idaho Falls, ID | $3,825,815 | $1,600,181 |
Nevada Humanities Inc Reno, NV | $587,474 | $1,156,566 |
Arts Council Of Big Sky Big Sky, MT | $1,365,916 | $1,170,034 |
Edmonds Center For The Arts Edmonds, WA | $603,823 | $954,686 |
Lane Arts Council Eugene, OR | $650,730 | $717,704 |