A nonprofit arts 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.

501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
$220K 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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FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $721K a year · 18% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$220K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Plus $17.2M in investments, Pt X · Ln 11–13
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
24
named funders · $826K
Looks good: 24 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$318K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.5M
+57% vs prior year
Spent
$3.3M
To programs
66%
Net assets
$26.3M
By yearFY2020–FY2025
Revenue
$3.5M
FY2023▲ +57%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.0M
FY2021$1.8M
FY2022$2.2M
FY2023$3.5M
FY2024$8.3M
FY2025$4.6M
Expenses
$3.3M
FY2023▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.4M
FY2021$2.3M
FY2022$2.8M
FY2023$3.3M
FY2024$3.9M
FY2025$4.4M
Net assets
$26.3M
FY2023▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$24.9M
FY2021$26.5M
FY2022$25.2M
FY2023$26.3M
FY2024$32.1M
FY2025$33.3M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1996.

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

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $2.2M Management & general 21% · $684K Fundraising 13% · $443K

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

22 people listed on the 990; $220K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$137,191Pt VII · Sec A
Finance & Ops. Dir. (thru 8/2022)
$75,067Pt VII · Sec A
Dir. of Finance (starting 11/2022)
$8,111Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Kimberly Howard Wade’s $162K as Executive Director is at the 73rd percentile of top reported officer pay among 1552 $1–10M youth development 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 · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kimberly Howard Wade$161,584$155,893$137,191———
Karena Salmond$118,877$101,968————
Brian Detman—————$98,828
Kira Lombardozzi$95,522$91,506$8,111———
Tiffany Vergara————$81,917—
Christopher Kramer——$75,067$39,704——
Katie Weinstein————$24,679—

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.

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Transforms underserved youth through free, year-round art and environmental programs.

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Provided by the organization

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1 program · $2.2M · in their own filed words · FY2022
01

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.

$2.2Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 24 funders →
Grants paid · 12 grants · $261K · 2019–2024
Unitemized GrantFY2024$28,375
Unitemized GrantFY2024$8,000
Unitemized GrantFY2023$23,888
Unitemized GrantFY2023$23,000
Unitemized GrantFY2022$23,250
Unitemized GrantFY2022$18,975
Unitemized GrantFY2021$26,700
Unitemized GrantFY2021$25,000
Unitemized GrantFY2020$35,129
Unitemized GrantFY2020$19,000
Unitemized GrantFY2019$16,400
Unitemized GrantFY2019$13,400

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$3.5M
Ln 12
Gifts and grantsLn 1h$3.1M
Investment incomeLn 3$312K
Other incomeLn 4–11$117K
Money outPt IX
$3.3M
Ln 25
Programscol B$2.2M
Managementcol C$684K
Fundraisingcol D$443K
Owns and owesPt X
$26.3M
net assets · Ln 32
Cash and savingsLn 1–2$518K
Total assetsLn 16$26.6M
LiabilitiesLn 26$318K
PeoplePt VI, VII
22
listed · VII A
PaidVII A3
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.1M
Government grantsLn 1e$85K
Noncash giftsLn 1g$680K
Fees for servicesLn 2g$4K
Investment incomeLn 3$312K
Other incomeLn 4–11$117K
Total revenueLn 12$3.5M
Assets in detailPt X, end of year
CashLn 1$304K
SavingsLn 2$214K
Cash and savings togetherLn 1–2$518K
InvestmentsLn 11–13$17.2M
Land, buildings, equipmentLn 10c$8.7M
Total assetsLn 16$26.6M
LiabilitiesLn 26$318K
Net assetsLn 32$26.3M
OperationsPt I, VI
EmployeesI 597
VolunteersI 625
Fiscal year endsHeaderJune
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 FY23End FY23
Cash and savingsLn 1–2$675K$518K
InvestmentsLn 11–13$16.4M$17.2M
Land, buildings, equipmentLn 10c$8.2M$8.7M
Total assetsLn 16$25.4M$26.6M
LiabilitiesLn 26$202K$318K
Net assetsLn 32$25.2M$26.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$42K$42K
Pay of current officers, directors and key staffLn 5$244K$27K$119K$98K
Other salaries and wagesLn 7$1.0M$794K$92K$127K
Pension plan contributionsLn 8$15K$13K$822$1K
Other employee benefitsLn 9$100K$73K$12K$16K
Payroll taxesLn 10$143K$95K$23K$25K
Legal feesLn 11b$13K$6K$7K
Accounting feesLn 11c$55K$55K
Professional fundraising feesLn 11e$81K$81K
Investment management feesLn 11f$224K$224K
Other fees for servicesLn 11g$262K$108K$87K$67K
Office expensesLn 13$19K$19K$216$309
Information technologyLn 14$23K$20K$1K$1K
OccupancyLn 16$83K$82K$567$614
TravelLn 17$49K$40K$8K$712
Conferences, conventions and meetingsLn 19$14K$6K$8K$50
Depreciation, depletion and amortizationLn 22$397K$397K
InsuranceLn 23$275K$264K$11K
Other expenses (24a–d)Ln 24$248K$187K$36K$25K
Total functional expensesLn 25$3.3M$2.2M$684K$443K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $4.6M$4.4M$181K$33.3M 990 PDF
FY2024 $8.3M$3.9M$4.4M$32.1M 990 PDF
FY2023 Viewing $3.5M$3.3M$189K$26.3M 990 PDF
FY2022 $2.2M$2.8M−$546K$25.2M 990 PDF
FY2021 $1.8M$2.3M−$477K$26.5M 990 PDF
FY2020 $3.0M$2.4M$613K$24.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $3,488,476 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,882,898$3,056,077
I-9 Program service revenuePrior year $4,330$4,287
I-10 Investment incomePrior year $264,488$311,596
I-11 Other revenuePrior year $67,619$116,516
I-12 Total revenuePrior year $2,219,335$3,488,476
I-13 Grants and similar amounts paidPrior year $51,700$42,225
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,221,823$1,515,315
I-16a Professional fundraising feesPrior year $43,634$80,889
I-17 Other expensesPrior year $1,448,575$1,661,005
I-18 Total expensesPrior year $2,765,732$3,299,434
I-19 Revenue less expensesPrior year −$546,397$189,042
Part VI · Governance 18 of 18 board members independent, 1 to look at
VI-1a Voting members of the governing body18
VI-1b Independent voting members18
VI-2 Family or business relationship among officers or directorsYes
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 $3,488,476 across 9 lines filed
VIII-1e Government grants$84,682
VIII-1f All other contributions, gifts and grants$2,971,395
VIII-1g Noncash contributions (included above)$679,724
VIII-1h Total contributions, gifts and grants$3,056,077
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,287$4,287
VIII-3 Investment incomeExcluded from tax $311,596$311,596
VIII-6 Net rental income or lossExcluded from tax $113,748$113,748
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $2,768$2,768
VIII-12 Total revenueRelated to mission $4,287 · Unrelated business $0 · Excluded from tax $428,112$3,488,476
Part IX · Statement of functional expenses $3,299,434 across 19 lines filed
IX-2 Grants to domestic individualsPrograms $42,225$42,225
IX-5 Pay of current officers, directors and key staffPrograms $27,361 · Management $118,728 · Fundraising $97,857$243,946
IX-7 Other salaries and wagesPrograms $793,740 · Management $92,051 · Fundraising $127,314$1,013,105
IX-8 Pension plan contributionsPrograms $12,582 · Management $822 · Fundraising $1,290$14,694
IX-9 Other employee benefitsPrograms $72,511 · Management $11,922 · Fundraising $15,738$100,171
IX-10 Payroll taxesPrograms $94,720 · Management $23,364 · Fundraising $25,315$143,399
IX-11b Legal feesPrograms $6,363 · Management $6,673$13,036
IX-11c Accounting feesManagement $54,974$54,974
IX-11e Professional fundraising feesFundraising $80,889$80,889
IX-11f Investment management feesManagement $223,608$223,608
IX-11g Other fees for servicesPrograms $108,427 · Management $86,669 · Fundraising $66,912$262,008
IX-13 Office expensesPrograms $18,608 · Management $216 · Fundraising $309$19,133
IX-14 Information technologyPrograms $19,855 · Management $1,399 · Fundraising $1,299$22,553
IX-16 OccupancyPrograms $82,318 · Management $567 · Fundraising $614$83,499
IX-17 TravelPrograms $40,351 · Management $7,807 · Fundraising $712$48,870
IX-19 Conferences, conventions and meetingsPrograms $5,668 · Management $8,183 · Fundraising $50$13,901
IX-22 Depreciation, depletion and amortizationPrograms $396,839$396,839
IX-23 InsurancePrograms $264,104 · Management $10,778$274,882
IX-24 Other expenses (24a–d)Programs $187,086 · Management $35,864 · Fundraising $24,752$247,702
IX-25 Total functional expensesPrograms $2,172,758 · Management $683,625 · Fundraising $443,051$3,299,434
Part X · Balance sheet $26,606,218 assets, 15 lines filed
X-1 Cash, non-interest-bearing$303,829
X-2 Savings and temporary cash investmentsStart of year $674,905$213,863
X-3 Pledges and grants receivableStart of year $80,000$112,738
X-4 Accounts receivableStart of year $11,444$12,143
X-9 Prepaid expenses and deferred chargesStart of year $56,013$55,066
X-10c Land, buildings and equipment, netStart of year $8,167,876$8,713,767
X-11 Publicly traded securitiesStart of year $9,781,979$11,649,177
X-12 Other securitiesStart of year $6,609,450$5,545,635
X-16 Total assetsStart of year $25,381,667$26,606,218
X-17 Accounts payable and accrued expensesStart of year $201,991$318,219
X-26 Total liabilitiesStart of year $201,991$318,219
X-27 Net assets without donor restrictionsStart of year $9,407,481$9,727,471
X-28 Net assets with donor restrictionsStart of year $15,772,195$16,560,528
X-32 Total net assets or fund balancesStart of year $25,179,676$26,287,999
X-33 Total liabilities and net assetsStart of year $25,381,667$26,606,218
Part XI · Reconciliation of net assets $26,287,999 net assets at year end
XI-1 Total revenue$3,488,476
XI-2 Total expenses$3,299,434
XI-3 Revenue less expenses$189,042
XI-4 Net assets at start of year$25,179,676
XI-5 Net unrealized gains (losses) on investments$919,281
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$26,287,999

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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