Ogden First INC FY2021 filing

Tax-deductible

Ogden, UT501(c)(3)Arts & CultureEIN 45-4478214

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Ogden contemporary arts is a utah not-for-profit corporation incorporated in 2016 and established to create and share globally influenced, culturally diverse, and technologically advanced arts programming.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
$69K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $64K a year · 8% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$69K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 8.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.1M
67% of total assets
Worth a look: liabilities are 67% of assets; over 65%.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
+141% vs prior year
Spent
$1.5M
To programs
93%
Net assets
$520K
By yearFY2020–FY2024
Revenue
$1.5M
FY2021▲ +141%
Revenue by fiscal year
FY2020$637K
FY2021$1.5M
FY2022$554K
FY2023$601K
FY2024$521K
Expenses
$1.5M
FY2021▲ +360%
Expenses by fiscal year
FY2020$326K
FY2021$1.5M
FY2022$493K
FY2023$665K
FY2024$540K
Net assets
$520K
FY2021▲ +7%
Net assets by fiscal year
FY2020$488K
FY2021$520K
FY2022$581K
FY2023$512K
FY2024$493K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Exemption reinstated (2015-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in May 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $1.4M Management & general 7% · $99K Fundraising 1% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

17 people listed on the 990; $69K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$69,177Pt VII · Sec A
$0Pt VII · Sec A
Events Direc
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Advisory Com
$0Pt VII · Sec A
$0Pt VII · Sec A
Resource Dev
$0Pt VII · Sec A
$0Pt VII · Sec A

Venessa Castagnoli’s $69K as Executive Director is at the 64th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Venessa Castagnoli$69,390$68,965$66,661$69,177$46,269

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Ogden First INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Creates and shares globally influenced, culturally diverse, and technologically advanced arts programming.

Provided by the organization

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1 program service account for $1.4M of program spending, described in the organization's own filed words · FY2021.
01

Create and share globally influenced, culturally diverse, and technologically advanced arts programming.

$1.4Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$12K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Gifts and grantsLn 1h$1.5M
Other incomeLn 4–11$28K
Investment incomeLn 3$195
Money outPt IX
$1.5M
Ln 25
Programscol B$1.4M
Managementcol C$99K
Fundraisingcol D$8K
Owns and owesPt X
$520K
net assets · Ln 32
Cash and savingsLn 1–2$1.0M
Total assetsLn 16$1.6M
LiabilitiesLn 26$1.1M
PeoplePt VI, VII
17
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.5M
Noncash giftsLn 1g$87K
Investment incomeLn 3$195
Other incomeLn 4–11$28K
Gains on assetsLn 7$195
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$1.0M
Cash and savings togetherLn 1–2$1.0M
Land, buildings, equipmentLn 10c$482K
Other assetsLn 15$6K
Total assetsLn 16$1.6M
LiabilitiesLn 26$1.1M
Net assetsLn 32$520K
OperationsPt I, VI
EmployeesI 52
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$52K$1.0M
Land, buildings, equipmentLn 10c$436K$482K
Total assetsLn 16$495K$1.6M
LiabilitiesLn 26$7K$1.1M
Net assetsLn 32$488K$520K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$76K$34K$42K
Payroll taxesLn 10$6K$3K$3K
Legal feesLn 11b$270$270
Accounting feesLn 11c$13K$12K$955
Other fees for servicesLn 11g$29K$26K$897$2K
Advertising and promotionLn 12$48K$42K$530$5K
Office expensesLn 13$10K$8K$1K$609
Information technologyLn 14$8K$8K$120
OccupancyLn 16$56K$6K$50K
TravelLn 17$5K$5K$92
InterestLn 20$1K$1K
Depreciation, depletion and amortizationLn 22$18K$18K
InsuranceLn 23$5K$4K$776
Other expenses (24a–d)Ln 24$1.2M$1.2M
All other expensesLn 24e$1$1
Total functional expensesLn 25$1.5M$1.4M$99K$8K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $521K$540K−$19K$493K 990 PDF
FY2023 $601K$665K−$64K$512K 990 PDF
FY2022 $554K$493K$61K$581K 990 PDF
FY2021 Viewing $1.5M$1.5M$32K$520K 990 PDF
FY2020 $637K$326K$311K$488K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $1,532,815 across 7 lines filed
VIII-1b Membership dues$1,503
VIII-1f All other contributions, gifts and grants$1,502,805
VIII-1g Noncash contributions (included above)$87,080
VIII-1h Total contributions, gifts and grants$1,504,308
VIII-7 Net gain or loss on sales of assetsRelated to mission $195$195
VIII-8 Net income from fundraising events$28,312
VIII-12 Total revenueRelated to mission $195$1,532,815
Part IX · Statement of functional expenses $1,500,485 across 15 lines filed
IX-7 Other salaries and wagesPrograms $34,365 · Management $41,667$76,032
IX-10 Payroll taxesPrograms $2,725 · Management $3,091$5,816
IX-11b Legal feesManagement $270$270
IX-11c Accounting feesPrograms $11,975 · Management $955$12,930
IX-11g Other fees for servicesPrograms $26,167 · Management $897 · Fundraising $2,328$29,392
IX-12 Advertising and promotionPrograms $41,721 · Management $530 · Fundraising $5,452$47,703
IX-13 Office expensesPrograms $8,314 · Management $1,463 · Fundraising $609$10,386
IX-14 Information technologyPrograms $7,749 · Management $120$7,869
IX-16 OccupancyPrograms $6,080 · Management $49,653$55,733
IX-17 TravelPrograms $4,587 · Fundraising $92$4,679
IX-20 InterestPrograms $1,283$1,283
IX-22 Depreciation, depletion and amortizationPrograms $18,370$18,370
IX-23 InsurancePrograms $4,203 · Management $776$4,979
IX-24 Other expenses (24a–d)Programs $1,225,042$1,225,042
IX-24e All other expensesPrograms $1$1
IX-25 Total functional expensesPrograms $1,392,582 · Management $99,422 · Fundraising $8,481$1,500,485
Part X · Balance sheet $1,588,920 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $51,525$1,046,806
X-4 Accounts receivableStart of year $1,143$54,102
X-10c Land, buildings and equipment, netStart of year $436,015$482,012
X-15 Other assetsStart of year $6,000$6,000
X-16 Total assetsStart of year $494,683$1,588,920
X-17 Accounts payable and accrued expensesStart of year $6,573$1,016,297
X-25 Other liabilities$52,183
X-26 Total liabilitiesStart of year $6,573$1,068,480
X-27 Net assets without donor restrictionsStart of year $488,110$520,440
X-32 Total net assets or fund balancesStart of year $488,110$520,440
X-33 Total liabilities and net assetsStart of year $494,683$1,588,920
Part XI · Reconciliation of net assets $520,440 net assets at year end
XI-1 Total revenue$1,532,815
XI-2 Total expenses$1,500,485
XI-3 Revenue less expenses$32,330
XI-4 Net assets at start of year$488,110
XI-10 Net assets at end of year$520,440

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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