Weber Cultural Legacy Foundation
- Assets
- $1.8m
- Revenue
- $798.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Ogden, UT
- Founding
- 06/2001
- Data as of
- 12/2021
- EIN
- 87-0673086
Organization Overview
Weber Cultural Legacy Foundation, operating under the name Goal Foundation, is located in Ogden, UT. The organization was established in 2001. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Goal Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goal 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 12/2021, Goal Foundation generated $798.1k 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 (6.7%) each year. All expenses for the organization totaled $710.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 7 years. 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
TO INSPIRE THE GREATER OGDEN COMMUNITY AND ITS VISITORS TO "GET OUT AND LIVE" BY PARTICIPATING, VOLUNTEERING AND SPECTATING AT RECREATIONAL EVENTS, PROGRAMS AND ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2020, THE GOAL FOUNDATION, IN COLLABORATION WITH OGDEN CITY, WEBER COUNTY, THE OGDEN/WEBER CONVENTION AND VISITORS BUREAU, CORPORATE SPONSORS, LOCAL BUSINESSES, AND THE COMMUNITY, PRODUCED THE OGDEN MARATHON. THE ORGANIZATION ALSO PROVIDED VOLUNTEER AND/OR FINANCIAL SUPPORT FOR THE FOLLOWING HIGH PROFILE EVENTS: EL DOCE,THE LARRY H MILLER TOUR OF UTAH, XTERRA USA CHAMPIONSHIPS, XTERRA NATIONAL TRAIL RUN CHAMPIONSHIPS, AND THE NATIONAL FAT BIKE CHAMPIONSHIPS. THE GOAL SUPPORTED AND/OR PRODUCED EVENTS RESULTING IN THE FOLLOWING: 1. 94 VOLUNTEERS GIVING 653 HOURS OF SERVICE 2. PARTICIPATION FROM 2,471 ATHLETES FROM OUR COMMUNITY AND AROUND THE WORLD 3. AN ESTIMATED 650,000 IN ECONOMIC IMPACT TO THE OGDEN AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Bauman Executive Di | Officer | 40 | $78,473 |
Winslow Young Chair | Trustee | 1 | $0 |
Jake Johnstun Treasurer | Trustee | 1 | $0 |
Melissa Call Vice Chair | Trustee | 1 | $0 |
Will Farr Law Enforcem | Trustee | 1 | $0 |
Christa Windsor Past Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $176,880 |
| All other contributions, gifts, grants, and similar amounts not included above | $208,055 |
| Noncash contributions included in lines 1a–1f | $34,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $384,935 |
| Total Program Service Revenue | $401,323 |
| Investment income | $376 |
| 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 | $11,437 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $798,071 |
| 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. | $78,473 |
| Compensation of current officers, directors, key employees. | $23,542 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $142,610 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,976 |
| Payroll taxes | $61,572 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,865 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $74,634 |
| Office expenses | $27,698 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,279 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,824 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,866 |
| Insurance | $0 |
| All other expenses | $19,179 |
| Total functional expenses | $710,061 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $472,500 |
| Savings and temporary cash investments | $651,082 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,475 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,655 |
| Prepaid expenses and deferred charges | $17,597 |
| Net Land, buildings, and equipment | $651,178 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,829 |
| Other assets | $0 |
| Total assets | $1,800,316 |
| Accounts payable and accrued expenses | $23,216 |
| Grants payable | $0 |
| Deferred revenue | $151,100 |
| 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 | $265,013 |
| Total liabilities | $439,329 |
| Net assets without donor restrictions | $1,260,919 |
| Net assets with donor restrictions | $100,068 |
| 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 | $1,800,316 |
Grants Awarded
Over the last fiscal year, Weber Cultural Legacy Foundation has awarded $20,498 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS | | | $10,498 |
TEAM UNLIMITED PURPOSE: EVENT SPONSORSHIP | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Weber Cultural Legacy Foundation has recieved totaling $11.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Stock Show Association Denver, CO | $82,529,482 | $49,917,896 |
Albuquerque International Balloon Fiesta Inc Albuquerque, NM | $13,518,280 | $13,246,865 |
Fairweather Foundation Minden, NV | $0 | $533,390 |
Southwestern Fair Commission Inc Tucson, AZ | $10,447,798 | $10,245,189 |
Utah State Fair Corporation Salt Lake City, UT | $6,943,836 | $8,118,734 |
Cody Stampede Inc Cody, WY | $3,494,478 | $3,110,728 |
Country Fair White Elephant Inc Green Valley, AZ | $2,370,959 | $1,551,800 |
Clark County Fair Inc Logandale, NV | $648,122 | $1,785,198 |
Southern New Mexico State Fair Las Cruces, NM | $1,092,028 | $1,459,463 |
Yuma County Fair Inc Yuma, AZ | $3,736,026 | $410,388 |
Nampa Harvest Festival Association Inc Nampa, ID | $1,363,651 | $1,389,789 |
Santa Cruz County Fair & Rodeo Association Sonoita, AZ | $1,741,789 | $1,887,345 |