Open Arts Foundation
- Assets
- $49.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- 12/1999
- Data as of
- 12/2022
- EIN
- 86-0956882
Organization Overview
Open Arts Foundation is located in Santa Fe, NM. The organization was established in 1999. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Open 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 12/2022, Open Arts Foundation generated $36.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (21.6%) each year. All expenses for the organization totaled $58.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
GIG PERFORMANCE SPACE PROVIDES VENUES FOR LOCAL AND NATIONAL MUSICIANS. IT IS A PLACE FOR MUSCIANS TO PROVIDE THEIR ART IN A RESPECTFUL AND INSPIRING ENVIRONMENT, A HUB FOR THE DEVELOPING MUSIC COMMUNITY AND A GATHERING PLACE FOR MUSIC LOVERS OF ALL TYPES. GIG ALSO PRODUCES EDUCATIONAL EVENT THAT PROVIDE INTERACTION BETWEEN WORLD-CLASS MUSICIANS AND STUDENTS OF ALL AGES.
GIG PERFORMANCE SPACE PROVIDES VENUES FOR LOCAL AND NATIONAL MUSICIANS. IT IS A PLACE FOR MUSCIANS TO PROVIDE THEIR ART IN A RESPECTFUL AND INSPIRING ENVIRONMENT, A HUB FOR THE DEVELOPING MUSIC COMMUNITY AND A GATHERING PLACE FOR MUSIC LOVERS OF ALL TYPES. GIG ALSO PRODUCES EDUCATIONAL EVENT THAT PROVIDE INTERACTION BETWEEN WORLD-CLASS MUSICIANS AND STUDENTS OF ALL AGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Dunlap President | 0 | $8,500 | |
Audrey Miller Treasurer | 0 | $0 | |
Douglas Porter Secretary | 0 | $0 | |
Bruce Dunlap President | 0 | $4,700 | |
Audrey Miller Treasurer | 0 | $0 | |
Douglas Porter Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,045 |
| Total Program Service Revenue | $20,174 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,220 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $31,809 |
| Occupancy, rent, utilities, and maintenance | $20,229 |
| Printing, publications, postage, and shipping | $137 |
| Other expenses | $6,017 |
| Total expenses | $58,192 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,323 |
| Other assets | $0 |
| Total assets | $49,184 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,184 |