Caldera
- Assets
- $26.6m
- Revenue
- $1.8m
- Investments
- $5.8m
- Employees
- 42
- Location
- Portland, OR
- Founding
- 03/1996
- Data as of
- 06/2021
- EIN
- 94-3235649
Organization Overview
Caldera, operating under the name Caldera Arts, is located in Portland, OR. The organization was established in 1996. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 06/2021, Caldera Arts employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caldera 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 06/2021, Caldera Arts generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $2.3m during the year ending 06/2021. 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
A NONPROFIT ART ORGANIZATION, CALDERA SERVES AS A CATALYST FOR THE TRANSFORMATION OF UNDERSERVED YOUTH FROM UNDERSERVED COMMUNITIES THROUGH INNOVATIVE, YEAR-ROUND ART AND ENVIRONMENTAL PROGRAMS. CALDERA NURTURES INDIVIDUAL CREATIVITY TO IGNITE SELF-EXPRESSION AND TRANSFORM THE WAY YOUNG PEOPLE ENGAGE IN THEIR LIVES, FAMILIES AND COMMUNITIES. ANNUALLY, CALDERA WORKS WITH HUNDREDS OF STUDENTS AND COMMUNITY OF MENTORS, ARTISTS, ENVIRONMENTAL SPECIALISTS, ALUMNI, SCHOOLS, AND OTHER PARTNERS. ALL OF CALDERA'S YOUTH PROGRAMS ARE PROVIDED FOR FREE TO THE STUDENTS, FAMILIES AND SCHOOLS SERVED. IN 2015, CALDERA RECEIVED A NATIONAL ARTS AND HUMANITIES YOUTH PROGRAM AWARD FROM FIRST LADY, MICHELLE OBAMA, RECOGNIZING CALDERA AS ONE THE TOP YOUTH ARTS PROGRAMS IN THE NATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CALDERA'S ARTISTS IN RESIDENCE PROGRAM SUPPORTS OUR CREATIVE COMMUNITY WITH TIME AND SPACE AT OUR ARTS CENTER NEAR SISTERS, OREGON. FROM JANUARY THROUGH MAY, CALDERA'S TWO- TO THREE-AND-A-HALF-WEEK RESIDENCIES PROVIDE 30 ARTISTS, CREATIVES, AND CULTURAL WORKERS IN ALL DISCIPLINES WITH THE OPPORTUNITY TO BUILD SKILLS, RELATIONSHIPS, AND PROJECTS THAT INSPIRE GROWTH, COMBAT OPPRESSION, AND ACTIVATE CHANGE FOR CULTURAL AND ENVIRONMENTAL JUSTICE, WHILE DRAWING INSPIRATION FROM EACH OTHER AND THE NATURAL ENVIRONMENT SURROUNDING OUR ARTS CENTER. RESIDENTS ALSO PROVIDE INSPIRING, CULTURALLY-RELEVANT LEARNING EXPERIENCES TO CALDERA'S YOUTH PROGRAM STUDENTS, AND TO CENTRAL OREGON'S GENERAL PUBLIC. CONTINUED ON SCHEDULE O.IN MARCH OF 2020, COVID-19 FORCED CALDERA ARTS TO PIVOT ALL YOUTH PROGRAMMING TO A VIRTUAL MODEL. YOUTH ARTS MENTORING PROGRAM (SCHOOL YEAR) SUCCESSFULLY PIVOTED TO VIRTUAL PROGRAMMING AND OFFERED YOUTH UP TO 3 TIMES THE AMOUNT OF OPPORTUNITIES TO ENGAGE.YOUTH ARTS MENTORING PROGRAM (SUMMER CAMP) SUCCESSFULLY PIVOTED TO VIRTUAL SUMMER CAMP SERVING NEARLY HALF THE AMOUNT OF STUDENTS SERVED DURING OVERNIGHT CAMP.ARTIST IN RESIDENCE PROGRAM SERVED 30 ARTISTS WITH TIME, SPACE, AND STIPENDS TO WORK ON THEIR CRAFT AND PROVIDED OPPORTUNITIES FOR NETWORKING AND CONNECTION DESPITE COVID.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tiffany Vergara Finance & Operations Director | Officer | 40 | $81,917 |
Katie Weinstein Executive Director | Officer | 40 | $24,679 |
Karrelle Dixon Board Member & Interim E.d. | OfficerTrustee | 40 | $0 |
Joy Fowler Board Chair | OfficerTrustee | 4 | $0 |
David Luhr Board Treasurer | OfficerTrustee | 2 | $0 |
Priscilla Bernard Wieden Board Vice-Chair | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Caprock Group Inc Investment Advisor | 6/29/20 | $135,535 |
Spezza Construction Llc Construction | 6/29/20 | $249,095 |
The Caprock Group Inc Investment Advisor | 6/29/20 | $135,535 |
Spezza Construction Llc Construction | 6/29/20 | $249,095 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $261,280 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,319,294 |
| Noncash contributions included in lines 1a–1f | $454,980 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,580,574 |
| Total Program Service Revenue | $0 |
| Investment income | $235,247 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,936 |
| 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 | $1,841,309 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $54,129 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $155,783 |
| Compensation of current officers, directors, key employees. | $76,027 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $808,258 |
| Pension plan accruals and contributions | $7,750 |
| Other employee benefits | $98,723 |
| Payroll taxes | $96,396 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $660 |
| Fees for services: Accounting | $37,713 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $35,597 |
| Fees for services: Investment Management | $205,853 |
| Fees for services: Other | $48,900 |
| Advertising and promotion | $0 |
| Office expenses | $33,889 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,950 |
| Travel | $6,805 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,379 |
| Interest | $228 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $381,848 |
| Insurance | $84,276 |
| All other expenses | $0 |
| Total functional expenses | $2,318,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $987,879 |
| Pledges and grants receivable | $15,000 |
| Accounts receivable, net | $584 |
| 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 | $6,740 |
| Net Land, buildings, and equipment | $8,396,660 |
| Investments—publicly traded securities | $11,455,055 |
| Investments—other securities | $5,783,692 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,645,610 |
| Accounts payable and accrued expenses | $106,004 |
| 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 | $106,004 |
| Net assets without donor restrictions | $10,208,422 |
| Net assets with donor restrictions | $16,331,184 |
| 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 | $26,645,610 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Caldera has recieved totaling $296,221.
| Awarding Organization | Amount |
|---|---|
Oregon Community Foundation Portland, OR PURPOSE: Arts Education | $62,500 |
Ford Family Foundation Roseburg, OR PURPOSE: ARTISTS IN RESIDENCE PROGRAM | $50,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $36,737 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $33,300 |
Ford Family Foundation Roseburg, OR PURPOSE: ARTISTS IN RESIDENCE PROGRAM - GOLDEN SPOT | $25,000 |
Campbell Foundation Portland, OR PURPOSE: GENERAL SUPPORT | $15,000 |
Endowment Analysis
| Beg. Balance | $15,280,445 |
| Earnings | $2,190,983 |
| Net Contributions | $500,000 |
| Other Expense | $730,000 |
| Ending Balance | $17,241,428 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Native American Youth And Family Center Portland, OR | $14,798,441 | $17,931,033 |
His Ideas Inc Red Bluff, CA | $4,012,270 | $10,619,413 |
Alameda County Deputy Sheriffs Activities League San Leandro, CA | $5,758,559 | $8,512,635 |
North Marin Community Services Novato, CA | $8,065,610 | $7,031,738 |
Heart Of Los Angeles Youth Inc Los Angeles, CA | $22,652,659 | $4,560,151 |
Rancho Cielo Inc Salinas, CA | $19,174,613 | $4,214,559 |
Mt Ashland Association Ashland, OR | $6,770,201 | $4,052,361 |
Stanislaus County Police Activities League Modesto, CA | $2,010,301 | $3,159,378 |
Booker T Washington Community Service Center San Francisco, CA | $15,043,633 | $4,645,054 |
Waking The Village Sacramento, CA | $1,942,838 | $3,628,235 |
Community Youth Center Concord, CA | $50,356,085 | $2,729,758 |
East Oakland Youth Development Center Oakland, CA | $9,784,340 | $4,617,227 |