ESTHER SIMPLOT PERFORMING ARTS ACA… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

A J BALUKOFF

Phone

2083362110

Tax Period

2022-07-01 to 2023-06-30

ESTHER SIMPLOT PERFORMING ARTS ACADEMY, founded in 1991, is a small nonprofit in the Arts, Culture & Humanities sector that reported $488K in total revenue in fiscal year 2022. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $655K exceeded revenue, resulting in a 34% operating deficit.

Mission

PROVIDE BUILDING FACILITIES FOR THREE OTHER CHARITABLE ORGANIZATIONS WHOSE MISSIONS ARE TO ENRICH, ENTERTAIN AND EDUCATE THROUGH A VARIETY OF PERFORMING ARTS.

Program Service Accomplishments

Program 1

Expenses: $102,960

THE ACADEMY PROVIDES A BUILDING THAT HOUSES THE GENERAL OFFICE AND REHEARSAL SPACE FOR BOISE PHILHARMONIC.

Program 2

Expenses: $199,979

.THE ACADEMY PROVIDES A BUILDING THAT HOUSES THE GENERAL OFFICE AND REHEARSAL SPACE FOR BALLET IDAHO

Program 3

Expenses: $79,200

THE ACADEMY PROVIDES A BUILDING THAT HOUSES THE GENERAL OFFICE AND REHEARSAL SPACE FOR OPERA IDAHO.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $421,621

Program Service Revenue $0

Investment Income $141,351

Other Revenue $-74,975

TOTAL REVENUE $487,997

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $382,139

Other Expenses $654,976

TOTAL EXPENSES $654,976

Year-over-Year Comparison

	2022	2021	Change
Revenue	$487,997	$1,176,536	-0.6%
Expenses	$654,976	$906,118	-0.3%
Net Income	$-166,979	$270,418	-1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNETTE G ELG	PRESIDENT	10.00	Officer Director	$0	$0	$0
RONALD N GRAVES	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
STANLEY FORNANDER	SECRETARY	5.00	Officer Director	$0	$0	$0
A J BALUKOFF	TREASURER	5.00	Officer Director	$0	$0	$0
BILL DRAKE	DIRECTOR	5.00	Director	$0	$0	$0
VIC CONRAD	DIRECTOR	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$487,997	$654,976	$19,391,083	$-166,979
2022	$1,176,536	$906,118	$18,794,531	$270,418
2021	$1,465,849	$517,678	$20,907,444	$948,171

ESTHER SIMPLOT PERFORMING ARTS ACADEMY