Carson Valley Arts Council

EIN: 841653859 501(c)(3) Arts, Culture & Humanities

Minden, NV

Total Revenue
$164,643
Total Expenses
$157,789
Total Assets
$1,902,160
Net Assets
$1,280,977
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
NV
Principal Officer
Brian Fitzgerald
Phone
7757828207
Tax Period
2024-07-01 to 2025-06-30

Carson Valley Arts Council, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $165K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $158K left a modest 4% surplus.

Mission

The mission of the Carson Valley Arts Council is to create a climate for the arts through the presentation and promotion of cultural and educational events for the Carson Valley youth and community and the greater Western Nevada/Lake Tahoe Region.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $66,471
Program Service Revenue $57,160
Investment Income $281
Other Revenue $40,731
TOTAL REVENUE $164,643

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $110,962
Other Expenses $157,789
TOTAL EXPENSES $157,789

Year-over-Year Comparison

2024 2023 Change
Revenue $164,643 $190,276 -0.1%
Expenses $157,789 $121,197 +0.3%
Net Income $6,854 $69,079 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
25

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
2
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brian Fitzgerald President 15.00
Officer Director
$0 $0 $0
Sharon Schlegel Treasurer and Exec Director 25.00
Officer Director
$0 $0 $0
Sharon Hoelscher Day Director 10.00
Director
$0 $0 $0
Margarett Biggs Director 0.00
Director
$0 $0 $0
Dave Rich Director 0.00
Director
$0 $0 $0
Irene Taylor Director 0.00
Director
$0 $0 $0
Teri Sweeney Director 0.00
Director
$0 $0 $0
Roger Kinnaman Director 0.00
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
2025 $164,643 $157,789 $1,902,160 $6,854
2024 $190,276 $121,197 $1,903,457 $69,079
2023 $181,332 $138,123 $1,851,273 $43,209
2023 $181,332 $138,123 $1,851,273 $43,209
2022 $155,390 $117,645 $1,849,075 $37,745
2021 $151,480 $79,985 $1,838,304 $71,495
2020 $110,021 $103,043 $1,805,837 $6,978
2019 $744,172 $128,955 $1,799,734 $615,217
2018 $100,144 $115,765 $1,809,124 $-15,621
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