Caldera
- Assets
- $26.6m
- Revenue
- $3.5m
- Investments
- $5.5m
- Employees
- 77
- Location
- Portland, OR
- Founding
- 03/1996
- Data as of
- 06/2023
- 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 06/2023, Caldera Arts employed 77 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 06/2023, Caldera Arts generated $3.5m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $3.3m during the year ending 06/2023. While expenses have increased by 8.5% per year over the past 4 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CALDERA ARTS IS A NONPROFIT ORGANIZATION THAT USES ART AND ENVIRONMENT-BASED EXPERIENCES, SUPPORTED BY A COMMUNITY OF ARTISTS AND MENTORS, TO INSPIRE AND SUPPORT HISTORICALLY EXCLUDED YOUTH TO DEVELOP THEIR CONFIDENCE, VOICE AND AGENCY IN THE WORLD.
Describe the Organization's Program Activity:
SINCE 1996, CALDERA HAS ENGAGED MORE THAN 15,000 STUDENTS THROUGH DIRECT WORK AS WELL AS SCHOOL-WIDE ASSEMBLIES, PERFORMANCES, AND EXHIBITIONS. WE ARE THE ONLY ORGANIZATION OFFERING NO-COST, YEAR-ROUND ARTS AND ENVIRONMENTAL PROGRAMS, ALONGSIDE LONG-TERM MENTORING, FOR UNDERSERVED YOUTH. CALDERA IS RECOGNIZED AS ONE OF THE NATION'S TOP YOUTH ARTS PROGRAMS BY THE NATIONAL ARTS AND HUMANITIES YOUTH PROGRAM AWARDS AND THE PRESIDENT'S COUNCIL ON ARTS AND HUMANITIES.CONTINUED ON SCHEDULE O.IN 2022, CALDERA SET OUT TO UNCOVER THE INVISIBLE WORLD OF TOOLS AND RESOURCES THAT HAVE FOSTERED CREATIVE THINKING AND GROWTH, MAKING THEIMPOSSIBLE MORE POSSIBLE FOR 15,000+ LEARNERS OVER THE PAST 26 YEARS AS ONE OF THE NATION'S TOP YOUTH ARTS PROGRAMS BY THE NATIONAL ARTS AND HUMANITIES YOUTH PROGRAM AWARDS AND THE PRESIDENT'S COUNCIL ON ARTS AND HUMANITIES.WE STARTED BY IMAGINING A DESTINATION FOR CREATIVE SOLUTIONS AND INSPIRATION THAT COULD SOLVE OUR COMMUNITIES' MOST PRESSING CHALLENGES, ONE LEARNER AT A TIME. WE MAPPED OUT A THREE-YEAR VISION OF MEASURING IMPACT, EVALUATING PROGRAMS AND EXPANDING OUR REACH.WE OUTLINED OUR STRUCTURED LEARNING PROCESS THAT ENGAGES WHOLE BRAIN THINKING THAT LEADS LEARNERS TO ACCESS CRITICAL THINKING AND PROBLEM-SOLVING SKILLS THEY CAN APPLY IN MEANINGFUL WAYS. THE OUTCOME: LEARNERS UNCOVER THE INVISIBLE WORLD OF TOOLS AND RESOURCES THAT FOSTER CREATIVE THINKING AND GROWTH AND MAKE THE IMPOSSIBLE MORE POSSIBLE. WE SERVED 423 YOUNG LEARNERS, WE EMPLOYED 16 TEACHING ARTISTS AND PROVIDED STIPENDS AND SPACE FOR 20 ARTISTS, CREATIVES AND CULTURAL WORKERS TO WORK ON THEIR CRAFT AND NETWORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Davenport Board Chair | OfficerTrustee | 2 | $0 |
Priscilla Bernard Wieden Board Vice-Chair | OfficerTrustee | 2 | $0 |
Mary Normand Board Secretary | OfficerTrustee | 1 | $0 |
David Luhr Board Treasurer | OfficerTrustee | 1 | $0 |
Amir Angha Board Member | Trustee | 1 | $0 |
Michelle Boss Barba Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Spezza Construction Llc Construction | 6/29/20 | $249,095 |
The Caprock Group Inc Investment Advisor | 6/29/20 | $135,535 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $84,682 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,971,395 |
| Noncash contributions included in lines 1a–1f | $679,724 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,056,077 |
| Total Program Service Revenue | $4,287 |
| Investment income | $311,596 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $113,748 |
| 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 | $3,488,476 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $42,225 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $243,946 |
| Compensation of current officers, directors, key employees. | $118,728 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,013,105 |
| Pension plan accruals and contributions | $14,694 |
| Other employee benefits | $100,171 |
| Payroll taxes | $143,399 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,036 |
| Fees for services: Accounting | $54,974 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $80,889 |
| Fees for services: Investment Management | $223,608 |
| Fees for services: Other | $262,008 |
| Advertising and promotion | $0 |
| Office expenses | $19,133 |
| Information technology | $22,553 |
| Royalties | $0 |
| Occupancy | $83,499 |
| Travel | $48,870 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,901 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $396,839 |
| Insurance | $274,882 |
| All other expenses | $0 |
| Total functional expenses | $3,299,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $303,829 |
| Savings and temporary cash investments | $213,863 |
| Pledges and grants receivable | $112,738 |
| Accounts receivable, net | $12,143 |
| 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 | $55,066 |
| Net Land, buildings, and equipment | $8,713,767 |
| Investments—publicly traded securities | $11,649,177 |
| Investments—other securities | $5,545,635 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,606,218 |
| Accounts payable and accrued expenses | $318,219 |
| 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 | $318,219 |
| Net assets without donor restrictions | $9,727,471 |
| Net assets with donor restrictions | $16,560,528 |
| 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 | $26,606,218 |