Foothills Art Center Inc

Organization Overview

Foothills Art Center Inc is located in Golden, CO. The organization was established in 1970. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Foothills Art Center Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foothills Art Center 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, Foothills Art Center Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $973.3k during the year ending 12/2021. While expenses have increased by 3.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

INSPIRING AND ENGAGING THE COMMUNITY THROUGH ARTS, EDUCATION AND A CREATIVE EXCHANGE OF IDEAS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ART CENTER DELIVERS ENGAGING EXHIBITIONS AND DIVERSE EDUCATIONAL PROGRAMS THAT CREATE MEMORABLE VISITOR EXPERIENCES IN AN UNIQUE HISTORIC ENVIRONMENT. FAC PROMOTES THE UNDERSTANDING AND APPRECIATION OF THE VISUAL AND GREATER CULTURAL ARTS TO THE COMMUNITY THROUGH EXHIBITS, CLASSES, EDUCATION AND UNDERSTANDING. FAC SERVES 10,000-20,000 VISITORS ANNUALLY THROUGH THE DIVERSE PROGRAMMING.


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Board, Officers & Key Employees

Name (title)Compensation
Hassan Najjar
Executive Dir.
$103,000
Bill Deeley
Treasurer
$0
Melanie Smith
Vice President
$0
Nathan Boyless
Secretary
$0
Rick Souders
President
$0
Robert Dolian
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$32,468
Fundraising events$0
Related organizations$0
Government grants $152,600
All other contributions, gifts, grants, and similar amounts not included above$899,858
Noncash contributions included in lines 1a–1f $10,500
Total Revenue from Contributions, Gifts, Grants & Similar$1,084,926
Total Program Service Revenue$182,798
Investment income $388
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$10,000
Net Income from Fundraising Events $64,033
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $73,236
Miscellaneous Revenue$0
Total Revenue $1,395,944

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Foothills Art Center Inc has recieved totaling $262,961.

Awarding OrganizationAmount
Boettcher Foundation

Denver, CO

PURPOSE: CAPITAL

$250,000
Community First Foundation

Arvada, CO

PURPOSE: GENERAL PURPOSE

$12,806
Bartko Family Charitable Foundation Tr

Portsmouth, NH

PURPOSE: NONPROFIT

$125
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$30
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$16,810
Net Contributions$1,603
Other Expense$990
Ending Balance$17,423

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