Public Charity

SALEM ART ASSOCIATION ENDOWMENT FOUNDATION

SALEM ART ASSOCIATION ENDOWMENT FOUNDATION, of SALEM, OR, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $46K in revenue, $65K in expenses, $872K in total assets. 4 publicly reported grants to this organization, totaling roughly $33K, appear in IRS filings.

EIN: 930718331 SALEM, OR Single Organization Support NTEE: A11 Latest filing: 2024
Total Revenue$46K
Total Expenses$65K
Total Assets$872K
Grant Records4
Funding Total$33K
Filing Years2019–2024

Mission

THE MISSION OF THE SALEM ART ASSOCIATION ENDOWMENT FOUNDATION (SAAEF) IS TO PRESERVE, PROTECT AND ENHANCE THE FOUNDATION'S ASSETS IN ORDER TO PROMOTE AND FURTHER THE ARTS IN OUR COMMUNITY, THROUGH THE SUPPORT OF THE SALEM ART ASSOCIATION (SAA).

Where $100 goes at Salem Art Association Endowment Foundation

How Salem Art Association Endowment Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$70 Programs the work itself
$30 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $70 for programs

$70
Contributions to Salem art association 93-0421613, a 501(c)(3) organization; to support the arts in accordance with the by-laws
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Danae Johnson From 1224
DIRECTOR JAN-JULY/TREASURER AUG-DEC Emily Alimonos
DIRECTOR Erica Puopolo
DIRECTOR Ernesto Toskvic
PRESIDENT & BOARD CHAIR Gary Hardey
DIRECTOR Janet Neuburg

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$32,940 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $46K $65K $872K
2023 $49K $75K $834K
2022 $41K $46K $842K
2020 $23K $70K $853K
2019 $44K $66K $902K

Between 2019 and 2024, reported annual revenue grew from $44K to $46K (+6%), with total assets most recently reported at $872K.

Interactive year-over-year charts and full filing details available with membership.

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