Kimball Art Center is located in Park City, UT. The organization was established in 1976. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Kimball Art Center employed 88 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kimball Art Center 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, Kimball Art Center generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.4%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. 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
THE KIMBALL ART CENTER (KAC) IS AN EDUCATIONAL INSTITUTION THAT PROVIDES INTERNATIONAL QUALITY ART EXHIBITIONS AND DYNAMIC EDUCATIONAL OPPORTUNITIES FOR THE CITIZENS OF PARK CITY, SUMMIT COUNTY, WASATCH COUNTY, AND THE REGION'S MANY VISITORS AND TOURISTS. KAC INTRODUCES VISITORS TO THE ARTISTIC PROCESS THROUGH ITS EDUCATIONAL PROGRAMS AND GIVES INSIGHT INTO THE MANY LAYERS OF CREATIVITY WITH ITS EXHIBITIONS AND EVENTS. ART IS A CATALYST FOR GROWTH THAT ALLOWS AN OUTLET FOR REFLECTION, FOSTERS NEW WAYS OF THINKING, AND ENCOURAGES COMPASSION AND CONNECTION. KIMBALL ART CENTER IS COMMITTED TO THE FUNDAMENTAL AMERICAN PRINCIPLES OF EXPRESSION AND OPEN ENGAGEMENT. FOUNDED IN 1976 BY BILL KIMBALL, THE KIMBALL ART CENTER IS ONE OF THE REGION'S OLDEST CREATIVE NON-PROFIT ORGANIZATIONS. KIMBALL ART CENTER VALUES: CREATIVITY: WE BELIEVE IN THE TRANSFORMATIVE POWER OF THE CREATIVE PROCESS. CURIOSITY: WE BELIEVE THAT THROUGH INQUIRY, ART HAS THE ABILITY TO CHALLENGE ASSUMPTIONS AND ENGENDER CRITIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVENTS PROMOTING EXPERIENCES IN THE ARTS.
EDUCATIONAL PROGRAMS PROMOTING EXPERIENCES IN THE ARTS.
EXHIBITIONS PROMOTING EXPERIENCES IN THE ARTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Arthur Milliken Executive Di | Officer | 40 | $136,184 |
Mel Gallahue Secretary | OfficerTrustee | 3 | $0 |
Lisa Shine Board Chair | OfficerTrustee | 3 | $0 |
Sara Brennan Treasurer | OfficerTrustee | 3 | $0 |
Annie Tucker Vice Chair | OfficerTrustee | 3 | $0 |
Bobbie Greenfield Trustee | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $21,126 |
Fundraising events | $34,030 |
Related organizations | $0 |
Government grants | $975,388 |
All other contributions, gifts, grants, and similar amounts not included above | $588,928 |
Noncash contributions included in lines 1a–1f | $67,910 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,619,472 |
Total Program Service Revenue | $692,941 |
Investment income | $45,990 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $3,000 |
Net Gain/Loss on Asset Sales | -$1,087 |
Net Income from Fundraising Events | -$23,618 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $4,015 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,347,977 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $24,225 |
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. | $136,184 |
Compensation of current officers, directors, key employees. | $21,789 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $589,175 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $54,142 |
Payroll taxes | $54,822 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $170,225 |
Advertising and promotion | $68,391 |
Office expenses | $130,422 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $239,530 |
Travel | $8,152 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,559 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $79,239 |
Insurance | $17,381 |
All other expenses | $86,748 |
Total functional expenses | $1,891,815 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $329,726 |
Savings and temporary cash investments | $3,212,645 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $385,722 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $4,752 |
Prepaid expenses and deferred charges | $16,487 |
Net Land, buildings, and equipment | $886,520 |
Investments—publicly traded securities | $2,325,205 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $265,489 |
Total assets | $7,426,546 |
Accounts payable and accrued expenses | $59,894 |
Grants payable | $0 |
Deferred revenue | $80,006 |
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 | $55,590 |
Total liabilities | $195,490 |
Net assets without donor restrictions | $7,121,147 |
Net assets with donor restrictions | $109,909 |
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 | $7,426,546 |
Over the last fiscal year, we have identified 13 grants that Kimball Art Center has recieved totaling $226,761.
Awarding Organization | Amount |
---|---|
Hodgman Family Foundation Tr PURPOSE: GENERAL | | $50,648 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $35,975 |
Park City Community Foundation Park City, UT PURPOSE: ARTS, CULTURE | $35,950 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $33,400 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: ARTS AND CULTURE | $30,000 |
Beck Family Foundation Park City, UT PURPOSE: GENERAL DONATION | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
Anderson Ranch Arts Foundation Snowmass Village, CO | $19,349,000 | $7,444,141 |
Art Students League Of Denver Denver, CO | $2,150,049 | $2,289,374 |
Tara Institute Of The Performing Arts Incorporated Boulder, CO | $2,762,734 | $2,020,459 |
Kimball Art Center Park City, UT | $7,426,546 | $2,347,977 |
Santa Fe School For The Arts Santa Fe, NM | $4,340,717 | $1,902,890 |
Ah Haa School For The Arts Telluride, CO | $12,435,871 | $2,343,816 |
Scottsdale Artists School Inc Scottsdale, AZ | $3,858,477 | $2,545,960 |
Act One Phoenix, AZ | $1,556,445 | $1,427,696 |
Nevada School Of The Arts Las Vegas, NV | $331,087 | $1,036,583 |
Friends Of The Denver School Of The Arts Denver, CO | $562,706 | $840,034 |
The Arts Campus At Willits Basalt, CO | $8,653,931 | $2,059,317 |
Arts For All Inc Tucson, AZ | $0 | $796,385 |