Anacortes Arts Festival
- Assets
- $436.9k
- Revenue
- $573.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Anacortes, WA
- Founding
- 01/2003
- Data as of
- 12/2021
- EIN
- 91-1493326
Organization Overview
Anacortes Arts Festival is located in Anacortes, WA. The organization was established in 2003. 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, Anacortes Arts Festival employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anacortes Arts Festival 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, Anacortes Arts Festival generated $573.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $414.0k during the year ending 12/2021. While expenses have increased by 1.5% 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
THE ANACORTES ARTS FESTIVAL OCCURS ANNUALLY FOR THE LAST 58 YEARS, ON THE FIRST WEEKEND IN AUGUST. MORE THAN 100,000 VISITORS COME FOR A THREE DAY FESTIVAL THAT INCLUDES 265 BOOTH ARTISTS, THREE STAGES OF MUSIC, A FINE ART SHOW, YOUTH ACTIVITIES AND MORE. THE FESTIVAL IS 100 SELF-FUNDED THROUGH BOOTH ARTIST FEES, ART SALES AND SPONSORSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ANACORTES ARTS FESTIVAL OCCURS ANNUALLY FOR THE LAST 61 YEARS, ON THE FIRST WEEKEND IN AUGUST. MORE THAN 100,000 VISITORS COME FOR A THREE DAY FESTIVAL THAT INCLUDES 265 BOOTH ARTISTS, THREE STAGES OF MUSIC, A FINE ART SHOW, YOUTH ACTIVITIES AND MORE. THE FESTIVAL IS 100 SELF-FUNDED THROUGH BOOTH ARTIST FEES, ART SALES AND SPONSORSHIPS.
THE ANACORTES ARTS FESTIVAL SUPPORTS LOCAL NON-PROFITS AND THE SCHOOL DISTRICT THROUGH A GRANT PROCESS TO YOUTH ART PROGRAMS, PUBLIC ART, ARTISTS AND OTHER LOCAL ART PROJECTS. IN 15 YEARS OF OUR GIVING BACK PROGRAM, THE FESTIVAL HAS DONATED MORE THAN $1 MILLION DOLLARS TO THE LOCAL COMMUNITY. THE FESTIVAL'S INVOLVEMENT IN ART PROGRAMS ALSO SUPPORTS THE LOCAL GOVERNMENT'S ABILITY TO PURCHASE PUBLIC ART.
THE ANACORTES ARTS FESTIVAL HOSTS A SERIES OF SPRING EVENTS THAT ARE A FUNDRAISER FOR ART IN ANACORTES SCHOOLS. EVERY YEAR, THERE ARE DIFFERENT EVENTS THAT HAVE INCLUDED CONCERTS, MINI-FESTIVALS, ART SHOWS AND A COLOR RUN. THROUGH THIS SERIES OF EVENTS, THE FESTIVAL FUNDS THINGS SUCH AS LOCAL ARTISTS IN SCHOOLS, FIELD TRIPS TO THE THEARTRE, MUSICAL PERFORMANCES IN SCHOOLS AND ART SUPPLIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meredith Mcilmoyle Executive Dir. | Officer | 42 | $82,534 |
Mark Lione President | OfficerTrustee | 2 | $0 |
Mary Staley Secretary | OfficerTrustee | 2 | $0 |
Treva King Secretary | OfficerTrustee | 2 | $0 |
Darlene Mindrum Director | OfficerTrustee | 0.5 | $0 |
Julie Lindsey Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,196 |
| Related organizations | $0 |
| Government grants | $92,801 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,805 |
| Noncash contributions included in lines 1a–1f | $7,940 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $155,802 |
| Total Program Service Revenue | $339,747 |
| Investment income | $7,361 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $52,822 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $17,099 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $573,195 |
| 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. | $82,584 |
| Compensation of current officers, directors, key employees. | $20,646 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,090 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,108 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $660 |
| 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 | $13,800 |
| Advertising and promotion | $4,238 |
| Office expenses | $14,036 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,636 |
| Travel | $205 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $74 |
| Interest | $301 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,910 |
| Insurance | $6,769 |
| All other expenses | $4,813 |
| Total functional expenses | $414,011 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,333 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $203,118 |
| Investments—publicly traded securities | $96,495 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $436,946 |
| Accounts payable and accrued expenses | $1,000 |
| 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 | $3,967 |
| Total liabilities | $4,967 |
| Net assets without donor restrictions | $431,979 |
| Net assets with donor restrictions | $0 |
| 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 | $436,946 |
Grants Awarded
Over the last fiscal year, Anacortes Arts Festival has awarded $15,180 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Anacortes, WA | | $9,180 |
Mount Vernon, WA | | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Anacortes Arts Festival has recieved totaling $7,787.
| Awarding Organization | Amount |
|---|---|
Anacortes Schools Foundation Anacortes, WA PURPOSE: ART SUPPLY KITS | $7,787 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elderheart Inc Sisters, OR | $6,200,437 | $6,066,501 |
Gage Academy Of Art Seattle, WA | $3,068,571 | $2,623,877 |
Pratt Fine Arts Center Seattle, WA | $7,081,159 | $1,908,130 |
Kingdom Air Corps Inc Sutton, AK | $2,362,130 | $1,590,178 |
Woodworth Family Foundation Tacoma, WA | $16,382,874 | $3,452,473 |
Pottery Northwest Seattle, WA | $1,169,498 | $523,661 |
Bunnell Street Arts Center Homer, AK | $391,886 | $556,806 |
Oregon Society Of Artists Portland, OR | $357,338 | $646,733 |
Bainbridge Arts & Crafts Inc Bainbridge Island, WA | $908,274 | $485,325 |
Portland Street Art Alliance Portland, OR | $196,129 | $562,703 |
Anacortes Arts Festival Anacortes, WA | $436,946 | $573,195 |
Architectural Foundation Of Oregon Portland, OR | $963,741 | $418,529 |