Celtic Arts Foundation
- Assets
- $3.4m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 4
- Location
- Mount Vernon, WA
- Founding
- 02/1998
- Data as of
- 12/2022
- EIN
- 91-1878785
Organization Overview
Celtic Arts Foundation is located in Mount Vernon, WA. The organization was established in 1998. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Celtic Arts Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Celtic 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, Celtic Arts Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $641.8k during the year ending 12/2022. While expenses have increased by 1.8% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SPONSOR, ENCOURAGE AND PROMOTE CELTIC CULTURE THROUGH EVENTS AND EDUCATIONAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORED 2022 SKAGIT VALLEY HIGHLAND GAMES AND CELTIC FESTIVAL ATTENDED BY 12,000 GUESTS CELEBRATING TRADITIONAL SCOTISH MUSIC, ART AND SPORT. THIS TWO-DAY EVENT IS HELD ANNUALLY THE SECOND WEEK OF JULY IN MOUNT VERNON, WA.
GRANTS AND SUPPORT FOR LOCAL PIPE BANDS, MUSICIANS,COMPETITORS INCLUDING SPONSOR LOCAL HIGHLAND DANCE EXHIBITIONS, MASTERY OF SCOTTISH ARTS SEMINARS AND ST. PATRICK DAY ACTIVITIES.
MUSICAL INSTRUCTION AND SEMINARS AT THE ORGANIZATION'S ANNUAL WINTER SCHOOL THAT BRINGS TOGETHER THE WORLD'S FINEST BAGPIPERS, SCOTTISH DRUMMERS AND FIDDLERS WITH OTHER MUSICIANS FROM THROUGHOUT THE UNITED STATES AND CANADA.THIS EVENT IS COUPLED WITH THE MASTER OF SCOTTISH ARTS PERFORMANCE THAT IS OPEN TO THE GENERAL PUBLIC FEATURING THE INSTRUCTORS FROM THE WINTER SCHOOL PROGRAMS AND THE FINEST HIGHLAND DANCERS AT BENAROYA HALL IN SEATTLE, WASHINGTON. IN ADDITION, THE ORGANIZATION ALSO PRODUCES EVENTS IN WESTERN WASHINGTON PROMOTING AND EDUCATING THE GENERAL PUBLIC ON ASPECTS OF CELTIC CULTURE.
THE CELTIC ARTS FOUNDATION SPONSORS THE BELLINGHAM CELTIC FESTIVAL. THE BELLINGHAM CELTIC FESTIVAL IS A COMMUNITY-DRIVEN, LOCALLY-SPONSORED, ARTISANAL, SMALL-BATCH WEEKEND CELEBRATING CELTIC MUSIC AND CULTURE THROUGH CONCERTS, SESSIONS, WORKSHOPS, TEA, AND MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Babb President | Trustee | 2 | $0 |
Tyrone Heade Secretary | Trustee | 2 | $0 |
Marilyn Mclean Vice-President | Trustee | 2 | $0 |
Jan Gould Treasurer | Trustee | 6 | $0 |
Patty Dunn Director | Trustee | 2 | $0 |
Jim Monroe Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $18,060 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $82,828 |
| All other contributions, gifts, grants, and similar amounts not included above | $588,516 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $689,404 |
| Total Program Service Revenue | $371,234 |
| Investment income | $20,238 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,101 |
| Net Income from Fundraising Events | $2,935 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,092,443 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,810 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $130,563 |
| Compensation of current officers, directors, key employees. | $43,522 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $98,700 |
| Pension plan accruals and contributions | $8,945 |
| Other employee benefits | $3,911 |
| Payroll taxes | $18,474 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,249 |
| Fees for services: Accounting | $4,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,255 |
| Advertising and promotion | $10,216 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,758 |
| Travel | $1,843 |
| 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 | $77,542 |
| Insurance | $20,050 |
| All other expenses | $52,101 |
| Total functional expenses | $641,782 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $351,528 |
| Savings and temporary cash investments | $300,281 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $77,386 |
| 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 | $1,791,362 |
| Investments—publicly traded securities | $875,714 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,150 |
| Total assets | $3,403,421 |
| Accounts payable and accrued expenses | $59 |
| 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 | $2,650 |
| Total liabilities | $2,709 |
| Net assets without donor restrictions | $3,183,584 |
| Net assets with donor restrictions | $217,128 |
| 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 | $3,403,421 |