Heart & Soul
- Assets
- $325.9k
- Revenue
- $218.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Salt Lake City, UT
- Founding
- 01/1995
- Data as of
- 12/2021
- EIN
- 87-0528175
Organization Overview
Heart & Soul is located in Salt Lake City, UT. The organization was established in 1995. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Heart & Soul employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heart & Soul 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, Heart & Soul generated $218.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $291.5k during the year ending 12/2021. While expenses have increased by 3.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HEART & SOUL HEALS THE HUMAN SPIRIT BY BRINGING MUSIC AND PERFORMING ARTS TO ISOLATED PEOPLE
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEART & SOUL'S PROGRAMS HAVE THE GENERAL GOAL OF MITIGATING AND ALLEVIATING HUMAN SUFFERING USING THE HEALING POWER OF MUSIC BOTH PERFORMANCE BASED AND PARTICIPATORY. THE OUTCOME OF OUR PROGRAMS HAS BEEN TO BRING TOGETHER THE MUSICAL COMMUNITY AND INTERMINGLE THEM WITH THOSE ISOLATED AND UNABLE TO GO OUT AND PARTICIPATE IN LIFE. HEART & SOUL HAS PRODUCED OVER 18,000 SHOWS OVER A TWENTY-SEVEN YEAR PERIOD EMPLOYING THE TALENTS OF OVER 350 MUSICIANS AND MANY MORE THAT HAVE CONTRIBUTED THEIR TALENTS ALONG THE WAY. OUR SERVICE HAS BROUGHT TOGETHER THE MUSICAL COMMUNITY USING THEIR TALENTS TO CREATE A MORE FULFILLING LIFESTYLE FOR BOTH THE PEOPLE THEY SERVE AND FOR (CONTINUED UNDER 4B BELOW)
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ainsley Mclaughlin Executive Director | Officer | 40 | $51,138 |
James Coleman Secretary | OfficerTrustee | 1 | $0 |
Janna Lauer Director | OfficerTrustee | 40 | $0 |
Damon Coombs Vice President | OfficerTrustee | 1 | $0 |
Marlena Lambert President | OfficerTrustee | 1 | $0 |
Jim Hayes Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $57,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $157,269 |
| Noncash contributions included in lines 1a–1f | $27,208 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $214,769 |
| Total Program Service Revenue | $0 |
| Investment income | $3,285 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $218,054 |
| 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. | $51,138 |
| Compensation of current officers, directors, key employees. | $5,114 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,590 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,952 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,320 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,712 |
| Advertising and promotion | $4,516 |
| Office expenses | $916 |
| Information technology | $2,506 |
| Royalties | $0 |
| Occupancy | $12,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,977 |
| All other expenses | $3,276 |
| Total functional expenses | $291,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $244,302 |
| Savings and temporary cash investments | $48,132 |
| Pledges and grants receivable | $32,250 |
| Accounts receivable, net | $383 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $850 |
| Total assets | $325,917 |
| Accounts payable and accrued expenses | $10,201 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $10,201 |
| Net assets without donor restrictions | $286,216 |
| Net assets with donor restrictions | $29,500 |
| 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 | $325,917 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Heart & Soul has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Of Utah Salt Lake City, UT PURPOSE: GENERAL SUPPORT | $8,000 |
Salt Lake Arts Council Foundation Salt Lake City, UT | | $5,500 |
Hoffman Brouse Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Musical Instrument Museum Phoenix, AZ | $166,967,307 | $47,583,205 |
Heard Museum Phoenix, AZ | $36,442,009 | $14,120,125 |
300 Stewart Avenue Corporation Las Vegas, NV | $56,477,513 | $5,741,723 |
Neon Museum Las Vegas, NV | $8,871,637 | $6,075,872 |
Indian Pueblo Cultural Center Inc Albuquerque, NM | $8,961,229 | $4,518,580 |
National Museum Of Wildlife Art Of The United States Jackson, WY | $41,741,861 | $4,638,003 |
The Leonardo Salt Lake City, UT | $1,888,403 | $4,555,150 |
Childrens Museum Of Phoenix Phoenix, AZ | $9,716,806 | $7,301,894 |
National Museum Of Military Vehicles Dubois, WY | $44,269,511 | $10,295,733 |
Scottsdale Museum Of The West Inc Scottsdale, AZ | $7,668,852 | $7,750,587 |
Nevada Discovery Museum Reno, NV | $13,732,048 | $2,685,261 |
Lion Global Foundation Denver, CO | $27,670,557 | $8,372,189 |