Sausalito Art Festival Foundation
- Assets
- $1.3m
- Revenue
- $50.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Sausalito, CA
- Founding
- 08/2001
- Data as of
- 12/2020
- EIN
- 94-3347958
Organization Overview
Sausalito Art Festival Foundation is located in Sausalito, CA. The organization was established in 2001. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sausalito Art Festival 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 12/2020, Sausalito Art Festival Foundation generated $50.4k 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 (45.5%) each year. All expenses for the organization totaled $102.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (38.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sausalito Art Festival Foundation has awarded 20 individual grants totaling $105,302. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE SAUSALITO ART FESTIVAL FOUNDATION IS TO ENCOURAGE, PROMOTE AND SUPPORT THE ARTS FOR THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVERY LABOR DAY WEEKEND, STARS OF THE CONTEMPORARY ART SCENE ARE SHOWCASED ON THE SPARKLING BAY SHORES OF SAUSALITO, CALIFORNIA'S MEDITERRANEAN-LIKE SEASIDE VILLAGE. OVER ONE MILLION VISITORS FROM THROUGHOUT THE WORLD HAVE EXPERIENCED THE SAUSALITO ART FESTIVAL SINCE ITS INAUGURAL EVENT IN 1952. SAUSALITO HOSTS THE WEST COAST'S ULTIMATE ART EXPERIENCE, FEATURING A WORLD-CLASS COLLECTION OF FINE ART AND CRAFT. THE INTERNATIONALLY FAMOUS BEAUTY OF SAUSALITO, WITH ITS HISTORIC WATERFRONT AND UNIQUE ART GALLERIES AND SHOPS, HAS LONG ATTRACTED ART COLLECTORS. JUST NORTH OF THE GOLDEN GATE BRIDGE, SAUSALITO IS LOCATED ON THE SAN FRANCISCO BAY SHORELINE WITH BREATHTAKING VIEWS. THE BEST LOCAL, AMERICAN AND INTERNATIONAL ARTISTS BRING THEIR COMBINED PERSPECTIVES, VIRTUOSO SKILLS, AND MORE THAN 20,000 ORIGINAL WORKS OF ART INCLUDING PAINTINGS, SCULPTURE, CERAMICS, JEWELRY, FIBER ART, FINE GLASS, WOODWORK, MIXED MEDIA, AND PHOTOGRAPHY. FROM FUNCTIONAL TO SURREAL, WITTY TO THE ELEGANTLY DECORATIVE, THESE ONE-OF-A-KIND AND LIMITED EDITION ART WORKS FORM AN UNPARALLELED COLLECTION THAT CAN ONLY BE SEEN ONCE A YEAR. ENJOY THE OPPORTUNITY TO MEET THE ARTISTS ONE-ON-ONE OR STRETCH OUT ON THE LAWN IN THE SCENIC BAYSIDE PARK. ENJOY NONSTOP ENTERTAINMENT ON THREE STAGES OR GOURMET DELIGHTS WITH CHAMPAGNE AND FINE WINES. THE SAUSALITO ART FESTIVAL IS THE 1 EVENT OF ITS KIND AND THE PERFECT WAY TO CELEBRATE YOUR LABOR DAY WEEKEND.
ARTIST TEACHING ART (ATA) IS AN ARTS EDUCATION PROGRAM DEVELOPED BY THE SAUSALITO ART FESTIVAL FOUNDATION (SAFF) TO SERVE STUDENTS K-12 IN BOTH PUBLIC AND PRIVATE SCHOOLS THROUGHOUT MARIN COUNTY. AS CALIFORNIA SCHOOLS TRANSITION TO THE COMMON CORE STANDARDS, ATA ALONG WITH PARTICIPATING SCHOOLS, TEACHERS AND PROFESSIONAL ARTISTS COLLABORATE TO CREATE A VARIETY OF ARTIST-IN-RESIDENCE PROJECTS DESIGNED TO INSPIRE CHILDREN TO THINK DIFFERENTLY ABOUT ART. THE ART PROJECT CURRICULUM IS TIED TO THE COMMON CORE STANDARDS FOR THE VISUAL ARTS IN ALL GRADES AND SUBJECT MATTER.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Arnott Secretary | OfficerTrustee | 5 | $0 |
Annette Brinton Treasurer | OfficerTrustee | 5 | $0 |
Louis Briones Vice Chair | OfficerTrustee | 5 | $0 |
Wayne Kaleck Board Chair | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,175 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,175 |
| Total Program Service Revenue | $5,030 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,186 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $50,391 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,131 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,965 |
| Office expenses | $3,413 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,744 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,412 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,688 |
| Insurance | $286 |
| All other expenses | $1,106 |
| Total functional expenses | $102,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,684 |
| Savings and temporary cash investments | $150,297 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,095 |
| 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 | $8,663 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $887,922 |
| Other assets | $186,900 |
| Total assets | $1,339,561 |
| Accounts payable and accrued expenses | $4,184 |
| 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 | $149,900 |
| Other liabilities | $0 |
| Total liabilities | $154,084 |
| Net assets without donor restrictions | $995,405 |
| Net assets with donor restrictions | $190,072 |
| 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 | $1,339,561 |
Grants Awarded
Over the last fiscal year, Sausalito Art Festival Foundation has awarded $10,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SAUSALITO HISTORICAL SOCIETY PURPOSE: GENERAL SUPPORT | $5,000 |
SAUSALITO WOMAN'S CLUB SCHOLARSHIP FUND PURPOSE: SUPPORT FOR SCHOLARSHIP PROGRAM | $5,000 |
BAY MODEL ALLIANCE PURPOSE: GENERAL SUPPORT | $0 |