Bountiful Davis Art Foundation FY2022 filing

Tax-deductible

Bountiful, UT501(c)(3)Arts & CultureEIN 94-2771449Revenue $242K in FY2022

On file with the IRSbdac.org90 N Main St, 84010-6132 · Bountiful, UTTax-exempt since Nov 1981Publicly supported — 509(a)(2)

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To provide Art education

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
$44K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · 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
1 of 5
filings with a surplus
Average deficit $51K a year · 18% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$44K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $6K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$124K
30% of total assets
Looks good: liabilities are 30% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$242K
-24% vs prior year
Spent
$302K
To programs
70%
Net assets
$288K
By yearFY2020–FY2024
Revenue
$242K
FY2022▼ -24%
Tap a bar for its year
Revenue by fiscal year
FY2020$193K
FY2021$319K
FY2022$242K
FY2023$286K
FY2024$354K
Expenses
$302K
FY2022▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$282K
FY2021$308K
FY2022$302K
FY2023$301K
FY2024$455K
Net assets
$288K
FY2022▼ -24%
Tap a bar for its year
Net assets by fiscal year
FY2020$369K
FY2021$379K
FY2022$288K
FY2023$290K
FY2024$190K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1981.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $211K Management & general 18% · $54K Fundraising 12% · $37K

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

9 people listed on the 990; $44K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$44,500Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Sarina Ehrgott’s $81K as Executive Director is at the 76th 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sarina Ehrgott$81,000————
Alysa Revell—$26,333$44,500$44,500$42,291

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 Bountiful Davis Art Foundation 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 15aYes

Programs and updates

Bountiful Davis Art Foundation is an arts and culture nonprofit based in Bountiful, UT.

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Provided by the organization

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3 programs · $198K · in their own filed words · FY2022
01

Allocation and program relations

$158Kprogram expense
02

Art Instruction Classes

Taught by professionals

$24Kprogram expense
03

Summerfest International

Annual community event featuring local artists and international dance groups

$16Kprogram expense

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 · FY2023
Total grants receivedfrom 3 funders$6K
See all 3 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$242K
Ln 12
Gifts and grantsLn 1h$114K
Fees for servicesLn 2g$87K
Other incomeLn 4–11$41K
Money outPt IX
$302K
Ln 25
Programscol B$211K
Managementcol C$54K
Fundraisingcol D$37K
Owns and owesPt X
$288K
net assets · Ln 32
Cash and savingsLn 1–2$47K
Total assetsLn 16$412K
LiabilitiesLn 26$124K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$114K
Government grantsLn 1e$2K
Fees for servicesLn 2g$87K
Other incomeLn 4–11$41K
Gains on assetsLn 7$0
Total revenueLn 12$242K
Assets in detailPt X, end of year
CashLn 1$47K
SavingsLn 2$0
Cash and savings togetherLn 1–2$47K
InvestmentsLn 11–13$178K
Land, buildings, equipmentLn 10c$105K
Other assetsLn 15$82K
Total assetsLn 16$412K
LiabilitiesLn 26$124K
Net assetsLn 32$288K
OperationsPt I, VI
EmployeesI 57
VolunteersI 6300
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$55K$47K
InvestmentsLn 11–13$240K$178K
Land, buildings, equipmentLn 10c$125K$105K
Total assetsLn 16$502K$412K
LiabilitiesLn 26$123K$124K
Net assetsLn 32$379K$288K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$44K$34K$10K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$119K$67K$24K$28K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$6K$6K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$1K$784$266$215
Office expensesLn 13$924$573$194$157
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$1K$1K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$20K$12K$4K$3K
InsuranceLn 23$2K$949$321$260
Other expenses (24a–d)Ln 24$66K$61K$3K$2K
All other expensesLn 24e$41K$34K$5K$3K
Total functional expensesLn 25$302K$211K$54K$37K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $354K$455K−$101K$190K 990 PDF
FY2023 $286K$301K−$15K$290K 990 PDF
FY2022 Viewing $242K$302K−$60K$288K 990 PDF
FY2021 $319K$308K$10K$379K 990 PDF
FY2020 $193K$282K−$90K$369K 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 FY2022 990 (6 parts)
Part I · Summary $241,979 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $161,548$114,242
I-9 Program service revenuePrior year $96,454$86,879
I-10 Investment income$0
I-11 Other revenuePrior year $60,507$40,858
I-12 Total revenuePrior year $318,509$241,979
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $163,116$163,943
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $145,141$138,232
I-18 Total expensesPrior year $308,257$302,175
I-19 Revenue less expensesPrior year $10,252−$60,196
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $241,979 across 12 lines filed
Lines not itemized here account for $1,503 of total revenue; see the IRS return.
VIII-1b Membership dues$3,145
VIII-1e Government grants$1,875
VIII-1f All other contributions, gifts and grants$109,222
VIII-1h Total contributions, gifts and grants$114,242
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $80,356 · Excluded from tax $6,523$86,879
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $39,355$39,355
VIII-12 Total revenueRelated to mission $81,859 · Excluded from tax $45,878$241,979
Part IX · Statement of functional expenses $302,175 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $34,500 · Management $10,000$44,500
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $67,145 · Management $24,428 · Fundraising $27,870$119,443
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $6,389$6,389
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $784 · Management $266 · Fundraising $215$1,265
IX-13 Office expensesPrograms $573 · Management $194 · Fundraising $157$924
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $1,008$1,008
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $12,213 · Management $4,137 · Fundraising $3,349$19,699
IX-23 InsurancePrograms $949 · Management $321 · Fundraising $260$1,530
IX-24 Other expenses (24a–d)Programs $60,895 · Management $2,854 · Fundraising $2,310$66,059
IX-24e All other expensesPrograms $33,592 · Management $4,532 · Fundraising $3,234$41,358
IX-25 Total functional expensesPrograms $210,651 · Management $54,129 · Fundraising $37,395$302,175
Part X · Balance sheet $412,153 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $54,584$47,140
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $124,932$105,233
X-11 Publicly traded securitiesStart of year $240,157$177,862
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $81,918$81,918
X-16 Total assetsStart of year $501,591$412,153
X-17 Accounts payable and accrued expenses$956
X-25 Other liabilitiesStart of year $122,733$123,039
X-26 Total liabilitiesStart of year $122,733$123,995
X-32 Total net assets or fund balancesStart of year $378,858$288,158
X-33 Total liabilities and net assetsStart of year $501,591$412,153
Part XI · Reconciliation of net assets $288,158 net assets at year end
XI-1 Total revenue$241,979
XI-2 Total expenses$302,175
XI-3 Revenue less expenses−$60,196
XI-4 Net assets at start of year$378,858
XI-9 Other changes in net assets−$30,504
XI-10 Net assets at end of year$288,158

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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