Friends Of Sacramento Arts
- Assets
- $415.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Sacramento, CA
- Founding
- 04/1982
- Data as of
- 06/2022
- EIN
- 94-2796782
Organization Overview
Friends Of Sacramento Arts is located in Sacramento, CA. The organization was established in 1982. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Sacramento Arts 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 06/2022, Friends Of Sacramento Arts generated $99.3k 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 (8.4%) each year. All expenses for the organization totaled $125.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ARTS EDUCATION: ADVOCATE AND FUND ARTS EDUCATION PROGRAMS FOR K-12 STUDENTS IN SACRAMENTO COUNTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Cagley Executive Dir. | 40 | $85,000 | |
Debra Waltman Board Member | 0.3 | $0 | |
Mollie Moseley Morrison Board Member | 0.3 | $0 | |
Brian Vargas Board Member | 0.3 | $0 | |
Gerry Kamilos President | 1.25 | $0 | |
Brenda Washington Davis Board Member | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,015 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,279 |
| Other Revenue | $0 |
| Total Revenue | $99,299 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $91,778 |
| Professional fees and other payments to independent contractors | $16,425 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,490 |
| Total expenses | $125,693 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $352,853 |
| Other assets | $0 |
| Total assets | $415,353 |
| Total liabilities | $215,917 |
| Net assets or fund balances | $199,436 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Friends Of Sacramento Arts has recieved totaling $11,041.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $6,000 |
Gordon Goldstein Foundation Sacramento, CA PURPOSE: CHARITABLE | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $41 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meyer Memorial Trust Portland, OR | $1,007,586,458 | $95,771,293 |
The California Wellness Foundation Los Angeles, CA | $1,249,668,748 | $96,883,603 |
Community Finance Corporation Tucson, AZ | $0 | $59,653,037 |
Ford Family Foundation Roseburg, OR | $1,245,594,204 | $103,438,214 |
Visa Foundation San Francisco, CA | $452,119,857 | $75,228,376 |
Pisces Foundation San Francisco, CA | $36,685,219 | $40,456,155 |
The Leonard And Sophie Davis Fund San Francisco, CA | $227,558,478 | $35,284,803 |
Ray And Dagmar Dolby Family Fund San Francisco, CA | $0 | $8,022,175 |
Kalmanovitz Charitable Foundation Mill Valley, CA | $9,993,294 | $9,957,898 |
Mufg Union Bank Foundation Ag Phoenix, AZ | $2,989,069 | $8,302,055 |
Fenwick Community Fund Mountain View, CA | $8,526,987 | $12,836,931 |
Colburn Music Fund Los Angeles, CA | $0 | $7,150,369 |