Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $3,836,126

• 1f · All other contributions, gifts and grants

  $2,149,376

• 2a · Program service revenue: EARNED INCOME

  total $1,544,185 · related or exempt $1,544,185

• 2b · Program service revenue: INCOME FROM SUBSIDIARY

  total $1,104,780 · related or exempt $1,104,780

• 2c · Program service revenue: STATE PARTICIP FEES

  total $202,535 · related or exempt $202,535

• 2d · Program service revenue: REGIONAL ART SHOW

  total $146,973 · related or exempt $146,973

• 3 · Investment income

  total $468,258 · excluded $468,258

• 11a · Other revenue: OTHER REVENUE

  total $154,711 · excluded $154,711

• 11e · Other revenue, total

  $154,711

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,995,317 · program services $1,995,317

• 2 · Grants to domestic individuals

  total $401,651 · program services $401,651

• 5 · Compensation of officers, directors and key employees

  total $912,776 · program services $745,829 · management and general $162,383 · fundraising $4,564

• 7 · Other salaries and wages

  total $2,513,922 · program services $2,042,385 · management and general $458,647 · fundraising $12,890

• 8 · Pension plan contributions

  total $133,580 · program services $109,148 · management and general $23,764 · fundraising $668

• 9 · Other employee benefits

  total $320,201 · program services $273,378 · management and general $45,543 · fundraising $1,280

• 10 · Payroll taxes

  total $284,471 · program services $232,442 · management and general $50,607 · fundraising $1,422

• 11b · Fees: legal

  total $14,586 · program services $2,010 · management and general $12,576

• 11c · Fees: accounting

  total $93,506 · management and general $93,506

• 11f · Fees: investment management

  total $44,013 · management and general $44,013

• 11g · Fees: other

  total $2,571,297 · program services $2,144,495 · management and general $426,802

• 12 · Advertising and promotion

  total $40,076 · program services $41,272 · management and general -$1,196

• 13 · Office expenses

  total $915 · program services $2,648 · management and general -$1,733

• 14 · Information technology

  total $611,157 · program services $393,283 · management and general $217,874

• 16 · Occupancy

  total $41,308 · program services $33,752 · management and general $7,349 · fundraising $207

• 17 · Travel

  total $359,388 · program services $159,714 · management and general $196,864 · fundraising $2,810

• 19 · Conferences, conventions and meetings

  total $397,478 · program services $166,504 · management and general $230,966 · fundraising $8

• 22 · Depreciation, depletion and amortization

  total $57,956 · program services $53,371 · management and general $4,585

• 23 · Insurance

  total $46,837 · program services $9 · management and general $46,828

• 24a · Other expenses: OTHER TO CONSOLIDATE

  total $435,377 · program services $294,870 · management and general $140,507

• 24b · Other expenses: SUBSCRIPTIONS & DUES

  total $209,284 · program services $138,525 · management and general $70,759

• 24c · Other expenses: OTHER LARGE EXPENSES

  total $126,718 · program services $125,951 · management and general $697 · fundraising $70

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $360,538 · end of year $1,605,284

• 3 · Pledges and grants receivable

  end of year $68,776

• 4 · Accounts receivable

  beginning of year $1,119,074 · end of year $134,685

• 9 · Prepaid expenses and deferred charges

  beginning of year $48,044 · end of year $91,906

• 10a · Land, buildings and equipment: cost or other basis

  $2,058,415

• 10b · Land, buildings and equipment: accumulated depreciation

  $1,831,205

• 10c · Land, buildings and equipment, net

  beginning of year $217,794 · end of year $227,210

• 11 · Investments: publicly traded securities

  beginning of year $9,240,316 · end of year $6,661,218

• 15 · Other assets

  beginning of year $858,858 · end of year $927,635

• 17 · Accounts payable and accrued expenses

  beginning of year $821,879 · end of year $707,686

• 19 · Deferred revenue

  beginning of year $127,408 · end of year $72,492

• 24 · Unsecured notes and loans payable

  beginning of year $3,661

• 25 · Other liabilities

  beginning of year $3,120,462 · end of year $1,935,356

• 27 · Net assets without donor restrictions

  beginning of year $7,771,214 · end of year $6,868,040

• 28 · Net assets with donor restrictions

  end of year $133,140

The filer's explanations (Part III)

PART I ,LINE 1A

PER THE ORGANIZATION'S BYLAWS, WESTAF'S BOARD ALLOTS FIVE TRUSTEE POSITIONS TO EXECUTIVE DIRECTORS OF THE STATE ARTS AGENCIES FROM ITS 13 WESTERN STATE REGION. WESTAF EXPECTS TRUSTEES TO ATTEND ALL BOARD MEETINGS, AND THUS FUNDS REQUIRED TRUSTEE TRAVEL TO THE THREE SCHEDULED IN-PERSON MEETINGS EACH YEAR AND TO THE EXECUTIVE COMMITTEE MEETING, IF APPLICABLE. IN FURTHERANCE OF ITS MISSION, WESTAF PROVIDES PROFESSIONAL DEVELOPMENT OPPORTUNITIES, SEMINARS, AND SYMPOSIA FOR THE STATE ARTS AGENCIES' EXECUTIVE DIRECTORS IN ITS REGION, AND FUNDS TRAVEL TO THESE SEMINARS AND CONFERENCES. ON OCCASION, WESTAF MAY ENGAGE SPEAKERS FOR THESE SEMINARS AND CONFERENCES WHO ARE PUBLIC OFFICIALS, AND WESTAF WILL ALSO FUND THIS SPEAKER TRAVEL.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• ZAPP SOFTWARE LLC

  188,923 · ONLINE ART FAIR MANAGEMENT · CO · 83% owned · share of assets $1,111,312 · general or managing partner