SHERIDAN ARTS FOUNDATION

EIN: 841166423 501(c)(3) Arts, Culture & Humanities

TELLURIDE, CO

Total Revenue
$1,538,260
Total Expenses
$1,666,370
Total Assets
$2,823,775
Net Assets
$2,141,788
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
CO
Principal Officer
STEVEN PALAMAR
Phone
9707286363
Tax Period
2023-10-01 to 2024-09-30

SHERIDAN ARTS FOUNDATION, founded in 1991, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2023.

Mission

THE SHERIDAN ARTS FOUNDATION WAS FOUNDED IN 1991 AS A 501(C)(3) NON-PROFIT ORGANIZATION TO: RESTORE AND PRESERVE THE HISTORIC SHERIDAN OPERA HOUSE AS AN ARTS AND CULTURAL RESOURCE FOR THE TELLURIDE COMMUNITY; BRING QUALITY ARTS AND CULTURAL EVENTS TO TELLURIDE; PROVIDE LOCAL AND NATIONAL YOUTH WITH ACCESS AND EXPOSURE TO THE ARTS THROUGH EDUCATION.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $420,547
Program Service Revenue $780,672
Investment Income $54,719
Other Revenue $282,322
TOTAL REVENUE $1,538,260

Expense Breakdown

Grants Paid $0
Salaries & Benefits $738,036
Fundraising Expenses $80,334
Program Expenses $1,428,237
Other Expenses $928,334
TOTAL EXPENSES $1,666,370

Year-over-Year Comparison

2023 2022 Change
Revenue $1,538,260 $1,530,778 +0.0%
Expenses $1,666,370 $1,617,261 +0.0%
Net Income $-128,110 $-86,483 +0.5%
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

Sign In

Governance

Voting Members
6
Independent Members
5
Employees
23
Volunteers
115

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
4
$120,749
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT SWANK DIRECTOR 1.00
Director
$0 $0 $0
GRACE ENGBRING DIRECTOR 1.00
Director
$0 $0 $0
MARK DALTON CHAIRMAN 2.00
Officer Director
$0 $0 $0
JAMES GALLAGHER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JAMES I BLACK III SECRETARY 1.00
Officer Director
$0 $0 $0
JASON SOULES DIRECTOR 1.00
Director
$0 $0 $0
STEVEN PALAMAR PRESIDENT 40.00
Officer
$120,749 $0 $120,749
RONATTA PALAMAR EXECUTIVE DIRECTOR 40.00
Highest
$129,116 $0 $129,116
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
2024 $1,538,260 $1,666,370 $2,823,775 $-128,110
2023 $1,530,778 $1,617,261 $2,927,869 $-86,483
2022 $1,473,861 $1,326,996 $3,014,799 $146,865
2021 $1,721,240 $1,051,274 $2,967,332 $669,966
2020 $1,400,889 $1,257,129 $2,253,435 $143,760
2019 $1,629,788 $1,497,831 $2,055,456 $131,957
2018 $1,507,575 $1,427,996 $1,965,293 $79,579
Explore More Nonprofits
→Top 100 Nonprofits in Colorado →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SHERIDAN ARTS FOUNDATION with other nonprofits in Colorado and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.