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Sheridan Arts Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 841166423 ✦ Telluride, CO ✦ Designated as a 501(c)(3)

Overview

What is Sheridan Arts Foundation?

The Sheridan Arts Foundation, established in 1991 as a 501(C)(3) nonprofit organization, is dedicated to enriching the cultural landscape of Telluride, Colorado. Their primary mission involves the preservation and restoration of the historic Sheridan Opera House, transforming it into a vibrant arts and cultural hub for the community. The foundation additionally brings high-caliber arts and cultural events to the area, offering a diverse array of experiences for both locals and visitors. Recognizing the importance of nurturing young talent, the Sheridan Arts Foundation also provides youth with opportunities to engage with the arts through educational programs. Beyond these initiatives, they have successfully hosted over 10,000 people at various events and shows, and 110 N Oak LLC Bar Operations has supported their cause through 18 rental events.


Official website here: www.sheridanoperahouse.com

Is Sheridan Arts Foundation legitimate?

Sheridan Arts Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheridan Arts Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $235,984
Professional Fundraising Fees: $0
Other Salaries and Wages: $283,694

For more financial information, click here


Official website here: www.sheridanoperahouse.com

What is the mission statement of Sheridan Arts Foundation?

The Sheridan Arts Foundation, established in 1991 as a non-profit organization, has a mission to restore and preserve a historic opera house as an arts and cultural resource for a community. This foundation is committed to bringing quality arts and cultural events to the community and providing local and national youth with access to the arts through educational programs. By doing so, they aim to promote the performing arts and contribute to the opera house's operations. Over 10,000 individuals have benefited from the events and shows offered at the opera house, with additional events held by a local business operating at the venue.


Official website here: www.sheridanoperahouse.com

Who is the CEO of Sheridan Arts Foundation?

Steven Palamar is the Director of Sheridan Arts Foundation.


Official website here: www.sheridanoperahouse.com

What is the revenue of Sheridan Arts Foundation?

Sheridan Arts Foundation's revenue in 2022 was $1,473,861.


Official website here: www.sheridanoperahouse.com

Who are the executives of Sheridan Arts Foundation and what are their salaries?

Here are 8 key members and their salaries:

    Ronatta Palamar (Executive Director)
  • Compensation: $127,817
  • Related: $0
  • Other: $0

    • Steven Palamar (President)
  • Compensation: $122,167
  • Related: $0
  • Other: $0

    • Ann Cross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Swank (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Grace Engbring (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Dalton (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Gallagher (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James I Black Iii (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sheridanoperahouse.com

    Where can I find the form 990 for Sheridan Arts Foundation?

    The Sheridan Arts Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sheridanoperahouse.com

    Learn more at the official website: www.sheridanoperahouse.com

    Mission Statement of Sheridan Arts Foundation

    The Sheridan Arts Foundation, established in 1991 as a 501(c)(3) non-profit organization, has a mission to restore and preserve the Historic Sheridan Opera House as a valuable arts and cultural resource for the community. This organization is dedicated to bringing high-quality arts and cultural events to Telluride, and it also prioritizes providing local and national youth with access to the arts through educational opportunities. By promoting performing arts and overseeing the operations of the Sheridan Opera House, the foundation has enabled over 10,000 individuals to participate in various events and shows. Additionally, 110 N Oak LLC's bar operations have hosted 18 rental events, in addition to the foundation's regular program events.

    Impact

    This information is meant to be a general summary of Sheridan Arts Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Sheridan Arts Foundation positively impacts the Telluride community by restoring and preserving the historic Sheridan Opera House as a vital arts and cultural resource. It brings quality arts and cultural events to Telluride, providing both locals and national visitors with access to enriching experiences. Additionally, the foundation's commitment to arts education ensures that youth have valuable exposure to the arts, further enhancing their cultural awareness and creativity. Through its efforts, Sheridan Arts Foundation contributes to the vibrant arts scene in Telluride and fosters a sense of community enrichment and engagement.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $245
  • Program Service Revenue: $535,338
  • Gross Receipts: $1,658,860

    • Assets and Liabilities:
  • Total Assets: $3,014,799
  • Total Liabilities: $674,905
  • Net Assets: $2,339,894
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EVENT ADMISSIONS

    Revenue

    $362,390

    FACILITY RENTALS

    Revenue

    $167,439

    OTHER PROGRAM INCOME

    Revenue

    $5,509

    Organization Details

    Founding Year

    1991

    Principal Officer

    Steven Palamar

    Main Address

    PO BOX 2680, TELLURIDE, CO, 81435

    NTEE Category

    Code: A60M - Arts

    If you are a representative of Sheridan Arts Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.