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10/18/2023 - Meeting Materials SALT LAKE CITY ARTI October 18, 2023 BOARD MEETING 5:30—7:00 P.M. 54 FINCH LANE,SALT LAKE CITY,UT 84102 *This meeting will occur in-person at the Art Barn. Remote option for the public or those unable to attend in person. Please click the link below to join the webinar: https://uso2web.zoom.us/j/86988382976o?pwd=S3dxZDhPYlIvUCtSSHBONV VIeVNPZzog Passcode: 435o26 AGENDA I. Call to Order and Welcome Guests II. Arts Event Discussion III. Approve Board Meeting Minutes—September 2023 (Action) IV. Management A. Program/Administrative Updates i. FY 23 Review&Fy24 Forecast of Visual Arts Program—Todd Oberndorfer ii. Introduction to Andrew Shaw, Special Projects Coordinator—Andrew Shaw iii. Twilight; Public Art Updates-Felicia Baca V. Budget/Financial A. Review of Financials—Cale Newhouse/Caitlin Tursic B. Gift Acceptance Policy— Kat Potter C. Board Engagement Survey—Susan Rickman(Action) VI. Board A. Vacancies&Recruitment update-Matt Coles VII. Public Comment VIII. Other Business *The Salt Lake City Arts Council Board reserves the right to act on any agenda items. CALENDAR Events&Deadlines: Gallery Stroll Finch Lane:Trent&Clint Call/Alise Anderson Exhibitions: October 20, 6-9pm Finch Lane Project Support Grants Open October 6-November 6, 2023 MISSION: Topromote,present andsupport artists and arts organizations in order to facilitate the development of the arts and expand awareness, access, and engagement. Salt Lake Arts Council Foundation General Ledger As of September 30, 2023 Type Date Num Cash Checking-MACU Artist Commissions Total Artist Commissions Refundable Deposits Total Refundable Deposits Checking-MACU-Other General Journal 09/05/2023 915 Liability Check 09/07/2023 Liability Check 09/07/2023 E-pay Bill Pmt-Check 09/07/2023 FY23 PS EFT Bill Pmt-Check 09/07/2023 FY23 PS EFT Bill Pmt-Check 09/07/2023 FY23 PS EFT Bill Pmt-Check 09/07/2023 FY23 GS EFT Bill Pmt-Check 09/07/2023 FY23 GS EFT Deposit 09/07/2023 Paycheck 09/08/2023 DD1740 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1742 Liability Check 09/11/2023 E-pay Bill Pmt-Check 09/12/2023 EFT Bill Pmt-Check 09/12/2023 EFT Bill Pmt-Check 09/12/2023 78716 Bill Pmt-Check 09/12/2023 78717 Bill Pmt-Check 09/12/2023 78718 Bill Pmt-Check 09/12/2023 78719 Bill Pmt-Check 09/12/2023 78720 General Journal 09/18/2023 919 Bill Pmt-Check 09/19/2023 78721 Bill Pmt-Check 09/19/2023 78722 Deposit 09/19/2023 Liability Check 09/21/2023 Paycheck 09/22/2023 DD1743 Paycheck 09/22/2023 DD1744 Deposit 09/25/2023 Deposit 09/29/2023 Check 09/30/2023 Total Checking-MACU-Other Total Checking-MACU Checking-MACU/Grants Bill Pmt-Check 09/01/2023 REI EFT Bill Pmt-Check 09/01/2023 REI EFT Page 1 of 80 Type Date Num Bill Pmt-Check 09/ REI EFT Bill Pmt-Check 09/07/2023 ACE EFT General Journal 09/07/2023 912 General Journal 09/07/2023 913 Bill Pmt-Check 09/07/2023 GS EFT Bill Pmt-Check 09/07/2023 PS EFT General Journal 09/19/2023 914 Bill Pmt-Check 09/19/2023 1970 Bill Pmt-Check 09/19/2023 EFT AITC Bill Pmt-Check 09/19/2023 EFT Total Checking-MACU/Grants Checking-Wells Fargo Total Checking-Wells Fargo Checking-Zions Bank Total Checking-Zions Bank Petty Cash Total Petty Cash Savings-MACU Total Savings-MACU Savings-MACU/Grants Total Savings-MACU/Grants Savings-Wells Fargo Total Savings-Wells Fargo Cash-Other Total Cash-Other Total Cash Gift Card Total Gift Card Investments Utah State Treasurer Total Utah State Treasurer Investments-Other Total Investments-Other Total Investments MACU Express Debit Total MACU Express Debit Accounts Receivable Invoice 09/05/2023 NonDeptFY24 Invoice 09/19/2023 ZAP 1234010 Payment 09/19/2023 0000114004 Payment 09/25/2023 Payment 09/29/2023 Total Accounts Receivable Allowance for Doubtful Accounts Total Allowance for Doubtful Accounts Page 2 of 80 Type Date Num Allowance for Doubtful Pledges Total Allowance for Doubtful Pledges Contributions Receivable Grants Receivable Total Grants Receivable Pledges Receivable Allowance for Doubtful Pledges Total Allowance for Doubtful Pledges Pledges Receivable-Other Total Pledges Receivable-Other Total Pledges Receivable Contributions Receivable-Other Total Contributions Receivable-Other Total Contributions Receivable Other Receivables Total Other Receivables Sponsorships Receivable Total Sponsorships Receivable Employee Advances Total Employee Advances Inventory Asset Total Inventory Asset Other Assets Accrued Revenue Total Accrued Revenue Prepaid Expenses-Other Total Prepaid Expenses-Other Prepaid Insurance Total Prepaid Insurance Prepaid Postage Total Prepaid Postage Other Assets-Other Total Other Assets-Other Total Other Assets Payroll Asset Total Payroll Asset Sales Tax Receivable Credit Card Charge 09/06/2023 Credit Card Charge 09/07/2023 Credit Card Charge 09/11/2023 Credit Card Charge 09/15/2023 Credit Card Charge 09/27/2023 Total Sales Tax Receivable Supplies Inventory Total Supplies Inventory Page 3 of 80 Type Date Num Undeposited Funds Payment 09/19/2023 0000114004 Deposit 09/19/2023 0000114004 Payment 09/25/2023 Deposit 09/25/2023 Payment 09/29/2023 Deposit 09/29/2023 Total Undeposited Funds Accum Depr-Building Total Accum Depr-Building Accum Depr-Furn and Equip Total Accum Depr-Furn and Equip Accum Depr-Leasehold Imps Total Accum Depr-Leasehold Imps Accum Depr-Vehicles Total Accum Depr-Vehicles Accum. Depr-Event Equipment Total Accum. Depr-Event Equipment Facility Construction Total Facility Construction Fixed Assets Buildings Total Buildings Electronic Equipment Total Electronic Equipment Event Equipment Total Event Equipment Furniture and Equipment Total Furniture and Equipment Land Total Land Leasehold Improvements Total Leasehold Improvements Vehicles Total Vehicles Fixed Assets-Other Total Fixed Assets-Other Total Fixed Assets Investment in Gnrl Fixed Assets Total Investment in Gnrl Fixed Assets Accum Depr-Investment Assets Total Accum Depr-Investment Assets Art Collections Total Art Collections Doubtful Loans Allowance Page 4 of 80 Type Date Num Total Doubtful Loans Allowance Marketable Securities Total Marketable Securities Notes Receivable Total Notes Receivable Other Investments Total Other Investments Grants Payable Artist Career Empowerment Bill Pmt-Check 09/07/2023 ACE EFT Total Artist Career Empowerment Artist in the Classroom Bill Pmt-Check 09/19/2023 EFT AITC Total Artist in the Classroom Arts Learning Total Arts Learning General Support Bill Pmt-Check 09/07/2023 FY23 GS EFT Bill Pmt-Check 09/07/2023 FY23 GS EFT General Journal 09/07/2023 913 Bill Pmt-Check 09/07/2023 GS EFT General Journal 09/19/2023 914 Bill Pmt-Check 09/19/2023 1970 Total General Support Mini Grant Total Mini Grant Project Support Bill Pmt-Check 09/07/2023 FY23 PS EFT Bill Pmt-Check 09/07/2023 FY23 PS EFT Bill Pmt-Check 09/07/2023 FY23 PS EFT General Journal 09/07/2023 912 Bill Pmt-Check 09/07/2023 PS EFT Bill Pmt-Check 09/19/2023 EFT Total Project Support Racial Equity and Inclusion Bill Pmt-Check 09/01/2023 REI EFT Bill Pmt-Check 09/01/2023 REI EFT Bill Pmt-Check 09/01/2023 REI EFT Total Racial Equity and Inclusion Grants Payable-Other Total Grants Payable-Other Total Grants Payable Payables Accounts Payable Total Accounts Payable Page 5 of 80 Type Date Num Artists Payable Total Artists Payable Payables-Other Bill 09/01/2023 Invoice#SLC09230010 Bill 09/01/2023 Account#W435648 Bill Pmt-CCard 09/06/2023 Bill 09/07/2023 Bill 09/07/2023 Invoice#192502 Bill 09/08/2023 Member#13715 Bill 09/11/2023 Invoice#1175 Bill Pmt-Check 09/12/2023 EFT Bill Pmt-Check 09/12/2023 EFT Bill Pmt-Check 09/12/2023 78716 Bill Pmt-Check 09/12/2023 78717 Bill Pmt-Check 09/12/2023 78718 Bill Pmt-Check 09/12/2023 78719 Bill Pmt-Check 09/12/2023 78720 Bill 09/14/2023 Account#1584410000 Bill 09/19/2023 2023 LTF Kickoff Bill 09/19/2023 SLC Welcome Week Bill Pmt-Check 09/19/2023 78721 Bill Pmt-Check 09/19/2023 78722 Bill 09/25/2023 Invoice#2197 Bill 09/27/2023 Invoice#7997 Bill 09/30/2023 Invoice#1088 Total Payables-Other Total Payables MACU Credit Card Credit Card Charge 09/02/2023 Credit Card Charge 09/06/2023 Bill Pmt-CCard 09/06/2023 Credit Card Charge 09/07/2023 Bill 09/07/2023 Credit Card Charge 09/09/2023 Credit Card Charge 09/11/2023 Credit Card Charge 09/11/2023 Credit Card Charge 09/15/2023 Credit Card Charge 09/15/2023 Credit Card Charge 09/20/2023 Credit Card Charge 09/22/2023 Credit Card Charge 09/27/2023 Credit Card Charge 09/27/2023 Total MACU Credit Card MACU Credit Card 0626 Total MACU Credit Card 0626 Page 6 of 80 Type Date Num Wells Fargo Credit Card Total Wells Fargo Credit Card Zions Bank Credit Card Total Zions Bank Credit Card Accrued Liabilities Accrued Comp.Absences Total Accrued Comp.Absences Accrued Payroll Total Accrued Payroll Accrued Payroll Taxes Employee Witholding FICA Liability Check 09/07/2023 E-pay Liability Check 09/07/2023 E-pay Liability Check 09/07/2023 E-pay Paycheck 09/08/2023 DD1740 Paycheck 09/08/2023 DD1740 Paycheck 09/08/2023 DD1740 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1742 Paycheck 09/08/2023 DD1742 Paycheck 09/08/2023 DD1742 Liability Check 09/11/2023 E-pay Liability Check 09/11/2023 E-pay Liability Check 09/11/2023 E-pay Paycheck 09/22/2023 DD1743 Paycheck 09/22/2023 DD1743 Paycheck 09/22/2023 DD1743 Paycheck 09/22/2023 DD1744 Paycheck 09/22/2023 DD1744 Paycheck 09/22/2023 DD1744 Total Employee Witholding FICA Employer FICA Liability Check 09/07/2023 E-pay Liability Check 09/07/2023 E-pay Paycheck 09/08/2023 DD1740 Paycheck 09/08/2023 DD1740 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1742 Paycheck 09/08/2023 DD1742 Liability Check 09/11/2023 E-pay Liability Check 09/11/2023 E-pay Paycheck 09/22/2023 DD1743 Page 7 of 80 Type Date Num Paycheck 09/ DD1743 Paycheck 09/22/2023 DD1744 Paycheck 09/22/2023 DD1744 Total Employer FICA Federal Tax Withholding Liability Check 09/07/2023 E-pay Paycheck 09/08/2023 DD1740 Paycheck 09/08/2023 DD1740 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1742 Paycheck 09/08/2023 DD1742 Liability Check 09/11/2023 E-pay Paycheck 09/22/2023 DD1743 Paycheck 09/22/2023 DD1743 Paycheck 09/22/2023 DD1744 Paycheck 09/22/2023 DD1744 Total Federal Tax Withholding State Income Tax Withholding Paycheck 09/08/2023 DD1740 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1742 Paycheck 09/22/2023 DD1743 Paycheck 09/22/2023 DD1744 Total State Income Tax Withholding Accrued Payroll Taxes-Other Total Accrued Payroll Taxes-Other Total Accrued Payroll Taxes Employee Garnishments Total Employee Garnishments Health Insurance Withholding Total Health Insurance Withholding Retirement Plan Withholding Total Retirement Plan Withholding Accrued Liabilities-Other Total Accrued Liabilities-Other Total Accrued Liabilities Deferred Revenue Total Deferred Revenue Deposit Liabilities Total Deposit Liabilities Direct Deposit Liabilities Liability Check 09/07/2023 Paycheck 09/08/2023 DD1740 Paycheck 09/08/2023 DD1741 Page 8 of 80 Type Date Num Paycheck 09/ DD1742 Liability Check 09/21/2023 Paycheck 09/22/2023 DD1743 Paycheck 09/22/2023 DD1744 Total Direct Deposit Liabilities Payroll Liabilities Paycheck 09/08/2023 DD1740 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1742 Paycheck 09/22/2023 DD1743 Paycheck 09/22/2023 DD1744 Total Payroll Liabilities Line of Credit-Zions Bank Total Line of Credit-Zions Bank EQUITY Total EQUITY Opening Balance Equity Total Opening Balance Equity Temp Restricted Net Assets Total Temp Restricted Net Assets Unrestricted Net Assets Total Unrestricted Net Assets REVENUE CITY In-Kind SLC Dept DED Exp. Total In-Kind SLC Dept DED Exp. In-Kind SLC Dept Salaries&Ben Total In-Kind SLC Dept Salaries&Ben SLC Nondepartmental Invoice 09/05/2023 NonDeptFY24 Total SLC Nondepartmental CITY-Other Total CITY-Other Total CITY CONTRIBUTIONS Corporate Total Corporate Foundations Total Foundations In-Kind Total In-Kind Individuals Total Individuals CONTRIBUTIONS-Other Total CONTRIBUTIONS-Other Page 9 of 80 Type Date Num Total CONTRIBUTIONS EARNED INCOME Beverage Sales Alcohol Total Alcohol Non Alcohol Total Non Alcohol Beverage Sales-Other Total Beverage Sales-Other Total Beverage Sales Commissions Deposit 09/07/2023 Total Commissions Merchandise Sales Total Merchandise Sales Other Fees Total Other Fees Rental Fees Total Rental Fees Ticket Sales Total Ticket Sales Vendor Fees Total Vendor Fees Workshop Fees Total Workshop Fees EARNED INCOME-Other Total EARNED INCOME-Other Total EARNED INCOME GOVERNMENT GRANTS County Invoice 09/19/2023 ZAP 1234010 Total County Federal Total Federal State Total State GOVERNMENT GRANTS-Other Total GOVERNMENT GRANTS-Other Total GOVERNMENT GRANTS OTHER REVENUE Contracted Services Rendered Total Contracted Services Rendered Interest Total Interest Miscellaneous Income Page 10 of 80 Type Date Num Total Miscellaneous Income Public Art General Total Public Art General OTHER REVENUE-Other Total OTHER REVENUE-Other Total OTHER REVENUE REVENUE-Other Total REVENUE-Other Total REVENUE Uncategorized Income Total Uncategorized Income Cost of Goods Sold Total Cost of Goods Sold EXPENSES General&Adminstrative Bank Fees Interest Expense Total Interest Expense Bank Fees-Other Check 09/30/2023 Total Bank Fees-Other Total Bank Fees Benefits Paycheck 09/08/2023 DD1740 Paycheck 09/22/2023 DD1743 Total Benefits CED Expenses Total CED Expenses Conference Fees Total Conference Fees Contracted Services Bill 09/01/2023 Invoice#SLC09230010 Bill 09/11/2023 Invoice#1175 Total Contracted Services Credit Card Fees General Journal 09/05/2023 915 Total Credit Card Fees Depreciation Total Depreciation Dues/Subscriptions/Publications Credit Card Charge 09/07/2023 Credit Card Charge 09/11/2023 Credit Card Charge 09/20/2023 Credit Card Charge 09/20/2023 Total Dues/Subscriptions/Publications Page 11 of 80 Type Date Num Employee Screenings Total Employee Screenings General Insurance Bill 09/08/2023 Member#13715 Total General Insurance In-Kind SLC Dept DED Expenses Total In-Kind SLC Dept DED Expenses In-Kind SLC Dept Salaries&Ben Total In-Kind SLC Dept Salaries&Ben Parking/Mileage Total Parking/Mileage Payroll Taxes Federal Unemployment Tax Total Federal Unemployment Tax FICA Total FICA State Unemployment Tax Total State Unemployment Tax Payroll Taxes-Other Total Payroll Taxes-Other Total Payroll Taxes Permits&Licenses Total Permits&Licenses Rent Total Rent Salaries&Wages Total Salaries&Wages Travel Total Travel Utilities Bill 09/01/2023 Account#W435648 Bill 09/14/2023 Account#1584410000 Total Utilities General&Adminstrative-Other Total General&Adminstrative-Other Total General&Adminstrative Program Expenses Advertising&Publicity Credit Card Charge 09/02/2023 Credit Card Charge 09/02/2023 Bill 09/07/2023 Invoice#192502 Credit Card Charge 09/09/2023 Credit Card Charge 09/22/2023 Credit Card Charge 09/27/2023 Bill 09/30/2023 Invoice#1088 Page 12 of 80 Type Date Num Bill 09/ Invoice#1088 Total Advertising&Publicity Artist Commissions Total Artist Commissions Artist Emergency Fund Total Artist Emergency Fund Beverages Purchased Alcohol Total Alcohol Non Alcohol Total Non Alcohol Beverages Purchased-Other Total Beverages Purchased-Other Total Beverages Purchased Equipment Rental Total Equipment Rental Equipment Repairs&Maintenance Total Equipment Repairs&Maintenance Food&Beverage Credit Card Charge 09/06/2023 Total Food&Beverage Grant Expense Artist Career Empowerment Total Artist Career Empowerment Artist in the Classroom Total Artist in the Classroom Arts Learning Total Arts Learning General Support Total General Support Mini Grant Total Mini Grant Project Support Total Project Support Racial Equity and Inclusion Total Racial Equity and Inclusion Grant Expense-Other Total Grant Expense-Other Total Grant Expense Graphics/Design Work Total Graphics/Design Work Honoraria&Artist Fees Bill 09/19/2023 2023 LTF Kickoff Bill 09/19/2023 SLC Welcome Week Total Honoraria&Artist Fees Page 13 of 80 Type Date Num In-Kind Goods&Services Total In-Kind Goods&Services Lodging Total Lodging Mailing Total Mailing Meals Total Meals Merchandise Total Merchandise Miscellaneous Charge General Journal 09/18/2023 919 Total Miscellaneous Charge Payroll Taxes Federal Unemployment Tax Paycheck 09/08/2023 DD1740 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1742 Paycheck 09/22/2023 DD1743 Paycheck 09/22/2023 DD1744 Paycheck 09/22/2023 DD1744 Total Federal Unemployment Tax FICA Paycheck 09/08/2023 DD1740 Paycheck 09/08/2023 DD1740 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1742 Paycheck 09/08/2023 DD1742 Paycheck 09/22/2023 DD1743 Paycheck 09/22/2023 DD1743 Paycheck 09/22/2023 DD1744 Paycheck 09/22/2023 DD1744 Paycheck 09/22/2023 DD1744 Paycheck 09/22/2023 DD1744 Total FICA State Unemployment Tax Total State Unemployment Tax Payroll Taxes-Other Total Payroll Taxes-Other Total Payroll Taxes Permits&Licenses Page 14 of 80 Type Date Num Total Permits&Licenses Postage Total Postage Printing Bill 09/27/2023 Invoice#7997 Total Printing Public Art Total Public Art Salaries&Wages Paycheck 09/08/2023 DD1740 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1742 Paycheck 09/22/2023 DD1743 Paycheck 09/22/2023 DD1744 Paycheck 09/22/2023 DD1744 Total Salaries&Wages Security Bill 09/25/2023 Invoice#2197 Bill 09/25/2023 Invoice#2197 Total Security Supplies Credit Card Charge 09/11/2023 Credit Card Charge 09/11/2023 Credit Card Charge 09/15/2023 Credit Card Charge 09/15/2023 Credit Card Charge 09/27/2023 Total Supplies Unemployment Total Unemployment Program Expenses-Other Total Program Expenses-Other Total Program Expenses EXPENSES-Other Total EXPENSES-Other Total EXPENSES Payroll Expenses Paycheck 09/08/2023 DD1740 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1741 Paycheck 09/08/2023 DD1742 Paycheck 09/22/2023 DD1743 Paycheck 09/22/2023 DD1744 Paycheck 09/22/2023 DD1744 Total Payroll Expenses Page 15 of 80 Type Date Num Reconciliation Discrepancies Total Reconciliation Discrepancies Program Startup Cash Total Program Startup Cash No accnt Total no accnt TOTAL Page 16 of 80 Salt Lake Arts Council Foundation General Ledger As of September 30, 2023 Name Cash Checking-MACU Artist Commissions Total Artist Commissions Refundable Deposits Total Refundable Deposits Checking-MACU-Other authorize.net QuickBooks Payroll Service United States Treasury{21 Glendale Community Council Salt Lake Chinese Choir Utah Council of the Blind Junction Dance Cc Salt Lake Academy of Music Christy, Kaitlyn R Coles, Deanne S Mumin, Daud A United States Treasury{21 Peak Alarm Rocky Mountain Power City Weekly Jani-King of Salt Lake City Mountain America Credit Union Salt Lake City Public Utilities SartainAndSaunders, LLC Dominion Energy Reuben Martin QuickBooks Payroll Service Christy, Kaitlyn R Coles, Deanne S Total Checking-MACU-Other Total Checking-MACU Checking-MACU/Grants Art Access Peace Gardens International Academy Page 17 of 80 Name Salt Lake Acting Company Daniel Tuutau Grassroots Shakespeare Company The Leonardo Museum Off Broadway Theatre Tanner Dance Kaladharaa Dance Total Checking-MACU/Grants Checking-Wells Fargo Total Checking-Wells Fargo Checking-Zions Bank Total Checking-Zions Bank Petty Cash Total Petty Cash Savings-MACU Total Savings-MACU Savings-MACU/Grants Total Savings-MACU/Grants Savings-Wells Fargo Total Savings-Wells Fargo Cash-Other Total Cash-Other Total Cash Gift Card Total Gift Card Investments Utah State Treasurer Total Utah State Treasurer Investments-Other Total Investments-Other Total Investments MACU Express Debit Total MACU Express Debit Accounts Receivable Salt Lake City Corporation* ZAP ZAP NEA Salt Lake City Corporation* Total Accounts Receivable Allowance for Doubtful Accounts Total Allowance for Doubtful Accounts Page 18 of 80 Name Allowance for Doubtful Pledges Total Allowance for Doubtful Pledges Contributions Receivable Grants Receivable Total Grants Receivable Pledges Receivable Allowance for Doubtful Pledges Total Allowance for Doubtful Pledges Pledges Receivable-Other Total Pledges Receivable-Other Total Pledges Receivable Contributions Receivable-Other Total Contributions Receivable-Other Total Contributions Receivable Other Receivables Total Other Receivables Sponsorships Receivable Total Sponsorships Receivable Employee Advances Total Employee Advances Inventory Asset Total Inventory Asset Other Assets Accrued Revenue Total Accrued Revenue Prepaid Expenses-Other Total Prepaid Expenses-Other Prepaid Insurance Total Prepaid Insurance Prepaid Postage Total Prepaid Postage Other Assets-Other Total Other Assets-Other Total Other Assets Payroll Asset Total Payroll Asset Sales Tax Receivable Trader Joe's MailChimp Zoom Video Communications, Inc. Ace Hardware Best Buy Total Sales Tax Receivable Supplies Inventory Total Supplies Inventory Page 19 of 80 Name Undeposited Funds ZAP ZAP NEA NEA Salt Lake City Corporation" Salt Lake City Corporation" Total Undeposited Funds Accum Depr-Building Total Accum Depr-Building Accum Depr-Furn and Equip Total Accum Depr-Furn and Equip Accum Depr-Leasehold Imps Total Accum Depr-Leasehold Imps Accum Depr-Vehicles Total Accum Depr-Vehicles Accum. Depr-Event Equipment Total Accum. Depr-Event Equipment Facility Construction Total Facility Construction Fixed Assets Buildings Total Buildings Electronic Equipment Total Electronic Equipment Event Equipment Total Event Equipment Furniture and Equipment Total Furniture and Equipment Land Total Land Leasehold Improvements Total Leasehold Improvements Vehicles Total Vehicles Fixed Assets-Other Total Fixed Assets-Other Total Fixed Assets Investment in Gnrl Fixed Assets Total Investment in Gnrl Fixed Assets Accum Depr-Investment Assets Total Accum Depr-Investment Assets Art Collections Total Art Collections Doubtful Loans Allowance Page 20 of 80 Name Total Doubtful Loans Allowance Marketable Securities Total Marketable Securities Notes Receivable Total Notes Receivable Other Investments Total Other Investments Grants Payable Artist Career Empowerment Daniel Tuutau Total Artist Career Empowerment Artist in the Classroom Tanner Dance Total Artist in the Classroom Arts Learning Total Arts Learning General Support Junction Dance Cc Salt Lake Academy of Music Grassroots Shakespeare Company Grassroots Shakespeare Company Off Broadway Theatre Off Broadway Theatre Total General Support Mini Grant Total Mini Grant Project Support Glendale Community Council Salt Lake Chinese Choir Utah Council of the Blind The Leonardo Museum The Leonardo Museum Kaladharaa Dance Total Project Support Racial Equity and Inclusion Art Access Peace Gardens International Academy Salt Lake Acting Company Total Racial Equity and Inclusion Grants Payable-Other Total Grants Payable-Other Total Grants Payable Payables Accounts Payable Total Accounts Payable Page 21 of 80 Name Artists Payable Total Artists Payable Payables-Other Jani-King of Salt Lake City Salt Lake City Public Utilities alphagraphics Mountain America Credit Union City Weekly Alliance Member Services SartainAndSaunders, LLC Peak Alarm Rocky Mountain Power City Weekly Jani-King of Salt Lake City Mountain America Credit Union Salt Lake City Public Utilities SartainAndSaunders, LLC Dominion Energy Reuben Martin Reuben Martin Dominion Energy Reuben Martin Kane Consulting Inc. P. P. C. West View Media Total Payables-Other Total Payables MACU Credit Card Facebook Trader Joe's alphagraphics MailChimp Mountain America Credit Union Facebook Zoom Video Communications, Inc. Amazon.com Trader Joe's Ace Hardware Intuit QuickBooks Facebook Best Buy Facebook Total MACU Credit Card MACU Credit Card 0626 Total MACU Credit Card 0626 Page 22 of 80 Name Wells Fargo Credit Card Total Wells Fargo Credit Card Zions Bank Credit Card Total Zions Bank Credit Card Accrued Liabilities Accrued Comp.Absences Total Accrued Comp.Absences Accrued Payroll Total Accrued Payroll Accrued Payroll Taxes Employee Witholding FICA United States Treasury{2} United States Treasury{21 United States Treasury{2} Christy, Kaitlyn R Christy, Kaitlyn R Christy, Kaitlyn R Coles, Deanne S Coles, Deanne S Coles, Deanne S Mumin, Daud A Mumin, Daud A Mumin, Daud A United States Treasury{2} United States Treasury{21 United States Treasury{2} Christy, Kaitlyn R Christy, Kaitlyn R Christy, Kaitlyn R Coles, Deanne S Coles, Deanne S Coles, Deanne S Total Employee Witholding FICA Employer FICA United States Treasury{2} United States Treasury{21 Christy, Kaitlyn R Christy, Kaitlyn R Coles, Deanne S Coles, Deanne S Mumin, Daud A Mumin, Daud A United States Treasury{2} United States Treasury{21 Christy, Kaitlyn R Page 23 of 80 Name Christy, Kaitlyn R Coles, Deanne S Coles, Deanne S Total Employer FICA Federal Tax Withholding United States Treasury{21 Christy, Kaitlyn R Christy, Kaitlyn R Coles, Deanne S Coles, Deanne S Mumin, Daud A Mumin, Daud A United States Treasury{2} Christy, Kaitlyn R Christy, Kaitlyn R Coles, Deanne S Coles, Deanne S Total Federal Tax Withholding State Income Tax Withholding Christy, Kaitlyn R Coles, Deanne S Mumin, Daud A Christy, Kaitlyn R Coles, Deanne S Total State Income Tax Withholding Accrued Payroll Taxes-Other Total Accrued Payroll Taxes-Other Total Accrued Payroll Taxes Employee Garnishments Total Employee Garnishments Health Insurance Withholding Total Health Insurance Withholding Retirement Plan Withholding Total Retirement Plan Withholding Accrued Liabilities-Other Total Accrued Liabilities-Other Total Accrued Liabilities Deferred Revenue Total Deferred Revenue Deposit Liabilities Total Deposit Liabilities Direct Deposit Liabilities QuickBooks Payroll Service Christy, Kaitlyn R Coles, Deanne S Page 24 of 80 Name Mumin, Daud A QuickBooks Payroll Service Christy, Kaitlyn R Coles, Deanne S Total Direct Deposit Liabilities Payroll Liabilities Christy, Kaitlyn R Coles, Deanne S Mumin, Daud A Christy, Kaitlyn R Coles, Deanne S Total Payroll Liabilities Line of Credit-Zions Bank Total Line of Credit-Zions Bank EQUITY Total EQUITY Opening Balance Equity Total Opening Balance Equity Temp Restricted Net Assets Total Temp Restricted Net Assets Unrestricted Net Assets Total Unrestricted Net Assets REVENUE CITY In-Kind SLC Dept DED Exp. Total In-Kind SLC Dept DED Exp. In-Kind SLC Dept Salaries&Ben Total In-Kind SLC Dept Salaries&Ben SLC Nondepartmental Salt Lake City Corporation* Total SLC Nondepartmental CITY-Other Total CITY-Other Total CITY CONTRIBUTIONS Corporate Total Corporate Foundations Total Foundations In-Kind Total In-Kind Individuals Total Individuals CONTRIBUTIONS-Other Total CONTRIBUTIONS-Other Page 25 of 80 Name Total CONTRIBUTIONS EARNED INCOME Beverage Sales Alcohol Total Alcohol Non Alcohol Total Non Alcohol Beverage Sales-Other Total Beverage Sales-Other Total Beverage Sales Commissions Vicky Westmoreland Total Commissions Merchandise Sales Total Merchandise Sales Other Fees Total Other Fees Rental Fees Total Rental Fees Ticket Sales Total Ticket Sales Vendor Fees Total Vendor Fees Workshop Fees Total Workshop Fees EARNED INCOME-Other Total EARNED INCOME-Other Total EARNED INCOME GOVERNMENT GRANTS County ZAP Total County Federal Total Federal State Total State GOVERNMENT GRANTS-Other Total GOVERNMENT GRANTS-Other Total GOVERNMENT GRANTS OTHER REVENUE Contracted Services Rendered Total Contracted Services Rendered Interest Total Interest Miscellaneous Income Page 26 of 80 Name Total Miscellaneous Income Public Art General Total Public Art General OTHER REVENUE-Other Total OTHER REVENUE-Other Total OTHER REVENUE REVENUE-Other Total REVENUE-Other Total REVENUE Uncategorized Income Total Uncategorized Income Cost of Goods Sold Total Cost of Goods Sold EXPENSES General&Adminstrative Bank Fees Interest Expense Total Interest Expense Bank Fees-Other Total Bank Fees-Other Total Bank Fees Benefits Christy, Kaitlyn R Christy, Kaitlyn R Total Benefits CED Expenses Total CED Expenses Conference Fees Total Conference Fees Contracted Services Jani-King of Salt Lake City SartainAndSaunders, LLC Total Contracted Services Credit Card Fees authorize.net Total Credit Card Fees Depreciation Total Depreciation Dues/Subscriptions/Publications MailChimp Zoom Video Communications, Inc. Intuit QuickBooks Intuit QuickBooks Total Dues/Subscriptions/Publications Page 27 of 80 Name Employee Screenings Total Employee Screenings General Insurance Alliance Member Services Total General Insurance In-Kind SLC Dept DIED Expenses Total In-Kind SLC Dept DED Expenses In-Kind SLC Dept Salaries&Ben Total In-Kind SLC Dept Salaries&Ben Parking/Mileage Total Parking/Mileage Payroll Taxes Federal Unemployment Tax Total Federal Unemployment Tax FICA Total FICA State Unemployment Tax Total State Unemployment Tax Payroll Taxes-Other Total Payroll Taxes-Other Total Payroll Taxes Permits&Licenses Total Permits&Licenses Rent Total Rent Salaries&Wages Total Salaries&Wages Travel Total Travel Utilities Salt Lake City Public Utilities Dominion Energy Total Utilities General&Adminstrative-Other Total General&Adminstrative-Other Total General&Adminstrative Program Expenses Advertising&Publicity Facebook Facebook City Weekly Facebook Facebook Facebook West View Media Page 28 of 80 Name West View Media Total Advertising&Publicity Artist Commissions Total Artist Commissions Artist Emergency Fund Total Artist Emergency Fund Beverages Purchased Alcohol Total Alcohol Non Alcohol Total Non Alcohol Beverages Purchased-Other Total Beverages Purchased-Other Total Beverages Purchased Equipment Rental Total Equipment Rental Equipment Repairs&Maintenance Total Equipment Repairs&Maintenance Food&Beverage Trader Joe's Total Food&Beverage Grant Expense Artist Career Empowerment Total Artist Career Empowerment Artist in the Classroom Total Artist in the Classroom Arts Learning Total Arts Learning General Support Total General Support Mini Grant Total Mini Grant Project Support Total Project Support Racial Equity and Inclusion Total Racial Equity and Inclusion Grant Expense-Other Total Grant Expense-Other Total Grant Expense Graphics/Design Work Total Graphics/Design Work Honoraria&Artist Fees Reuben Martin Reuben Martin Total Honoraria&Artist Fees Page 29 of 80 Name In-Kind Goods&Services Total In-Kind Goods&Services Lodging Total Lodging Mailing Total Mailing Meals Total Meals Merchandise Total Merchandise Miscellaneous Charge Total Miscellaneous Charge Payroll Taxes Federal Unemployment Tax Christy, Kaitlyn R Coles, Deanne S Coles, Deanne S Mumin, Daud A Christy, Kaitlyn R Coles, Deanne S Coles, Deanne S Total Federal Unemployment Tax FICA Christy, Kaitlyn R Christy, Kaitlyn R Coles, Deanne S Coles, Deanne S Coles, Deanne S Coles, Deanne S Mumin, Daud A Mumin, Daud A Christy, Kaitlyn R Christy, Kaitlyn R Coles, Deanne S Coles, Deanne S Coles, Deanne S Coles, Deanne S Total FICA State Unemployment Tax Total State Unemployment Tax Payroll Taxes-Other Total Payroll Taxes-Other Total Payroll Taxes Permits&Licenses Page 30 of 80 Name Total Permits&Licenses Postage Total Postage Printing P. P.C. Total Printing Public Art Total Public Art Salaries&Wages Christy, Kaitlyn R Coles, Deanne S Coles, Deanne S Mumin, Daud A Christy, Kaitlyn R Coles, Deanne S Coles, Deanne S Total Salaries&Wages Security Kane Consulting Inc. Kane Consulting Inc. Total Security Supplies Amazon.com Amazon.com Trader Joe's Ace Hardware Best Buy Total Supplies Unemployment Total Unemployment Program Expenses-Other Total Program Expenses-Other Total Program Expenses EXPENSES-Other Total EXPENSES-Other Total EXPENSES Payroll Expenses Christy, Kaitlyn R Coles, Deanne S Coles, Deanne S Mumin, Daud A Christy, Kaitlyn R Coles, Deanne S Coles, Deanne S Total Payroll Expenses Page 31 of 80 Name Reconciliation Discrepancies Total Reconciliation Discrepancies Program Startup Cash Total Program Startup Cash No accnt Total no accnt TOTAL Page 32 of 80 Salt Lake Arts Council Foundation General Ledger As of September 30, 2023 Memo Cash Checking-MACU Artist Commissions Total Artist Commissions Refundable Deposits Total Refundable Deposits Checking-MACU-Other Created by Payroll Service on 09/06/2023 87-0386724 QB Tracking#-233581706 Project Support-Round 2 Project Support-Round 2 Deposit Direct Deposit Direct Deposit Direct Deposit 87-0386724 QB Tracking#-81105706 XXXX-XXXX-XXXX-0626 W435648 Team Building Reimbursement Deposit Created by Payroll Service on 09/20/2023 Direct Deposit Direct Deposit Deposit Deposit Service Charge Total Checking-MACU-Other Total Checking-MACU Checking-MACU/Grants Racial Equity and Inclusion Racial Equity and Inclusion Page 33 of 80 Memo Racial Equity and Inclusion ACE Tier 1 Grant Cancel Check#1817 and reissue Cancel Check#1034 and reissue Cancel Check#1034 and reissue Cancel Check#1817 and reissue Cancel check#1409 and reissue Cancel check#1409 and reissue Ensign Elementary Total Checking-MACU/Grants Checking-Wells Fargo Total Checking-Wells Fargo Checking-Zions Bank Total Checking-Zions Bank Petty Cash Total Petty Cash Savings-MACU Total Savings-MACU Savings-MACU/Grants Total Savings-MACU/Grants Savings-Wells Fargo Total Savings-Wells Fargo Cash-Other Total Cash-Other Total Cash Gift Card Total Gift Card Investments Utah State Treasurer Total Utah State Treasurer Investments-Other Total Investments-Other Total Investments MACU Express Debit Total MACU Express Debit Accounts Receivable Total Accounts Receivable Allowance for Doubtful Accounts Total Allowance for Doubtful Accounts Page 34 of 80 Memo Allowance for Doubtful Pledges Total Allowance for Doubtful Pledges Contributions Receivable Grants Receivable Total Grants Receivable Pledges Receivable Allowance for Doubtful Pledges Total Allowance for Doubtful Pledges Pledges Receivable-Other Total Pledges Receivable-Other Total Pledges Receivable Contributions Receivable-Other Total Contributions Receivable-Other Total Contributions Receivable Other Receivables Total Other Receivables Sponsorships Receivable Total Sponsorships Receivable Employee Advances Total Employee Advances Inventory Asset Total Inventory Asset Other Assets Accrued Revenue Total Accrued Revenue Prepaid Expenses-Other Total Prepaid Expenses-Other Prepaid Insurance Total Prepaid Insurance Prepaid Postage Total Prepaid Postage Other Assets-Other Total Other Assets-Other Total Other Assets Payroll Asset Total Payroll Asset Sales Tax Receivable Total Sales Tax Receivable Supplies Inventory Total Supplies Inventory Page 35 of 80 Memo Undeposited Funds Deposit Deposit Deposit Total Undeposited Funds Accum Depr-Building Total Accum Depr-Building Accum Depr-Furn and Equip Total Accum Depr-Furn and Equip Accum Depr-Leasehold Imps Total Accum Depr-Leasehold Imps Accum Depr-Vehicles Total Accum Depr-Vehicles Accum. Depr-Event Equipment Total Accum. Depr-Event Equipment Facility Construction Total Facility Construction Fixed Assets Buildings Total Buildings Electronic Equipment Total Electronic Equipment Event Equipment Total Event Equipment Furniture and Equipment Total Furniture and Equipment Land Total Land Leasehold Improvements Total Leasehold Improvements Vehicles Total Vehicles Fixed Assets-Other Total Fixed Assets-Other Total Fixed Assets Investment in Gnrl Fixed Assets Total Investment in Gnrl Fixed Assets Accum Depr-Investment Assets Total Accum Depr-Investment Assets Art Collections Total Art Collections Doubtful Loans Allowance Page 36 of 80 Memo Total Doubtful Loans Allowance Marketable Securities Total Marketable Securities Notes Receivable Total Notes Receivable Other Investments Total Other Investments Grants Payable Artist Career Empowerment ACE Tier 1 Grant Total Artist Career Empowerment Artist in the Classroom Ensign Elementary Total Artist in the Classroom Arts Learning Total Arts Learning General Support Cancel Check#1034 and reissue Cancel Check#1034 and reissue Cancel check#1409 and reissue Cancel check#1409 and reissue Total General Support Mini Grant Total Mini Grant Project Support Project Support-Round 2 Project Support-Round 2 Cancel Check#1817 and reissue Cancel Check#1817 and reissue Total Project Support Racial Equity and Inclusion Racial Equity and Inclusion Racial Equity and Inclusion Racial Equity and Inclusion Total Racial Equity and Inclusion Grants Payable-Other Total Grants Payable-Other Total Grants Payable Payables Accounts Payable Total Accounts Payable Page 37 of 80 Memo Artists Payable Total Artists Payable Payables-Other xxxx-xxxx-xxxx-5012 XXXX-XXXX-XXXX-0626 W435648 Total Payables-Other Total Payables MACU Credit Card xxxx-xxxx-xxxx-5012 Total MACU Credit Card MACU Credit Card 0626 Total MACU Credit Card 0626 Page 38 of 80 Memo Wells Fargo Credit Card Total Wells Fargo Credit Card Zions Bank Credit Card Total Zions Bank Credit Card Accrued Liabilities Accrued Comp.Absences Total Accrued Comp.Absences Accrued Payroll Total Accrued Payroll Accrued Payroll Taxes Employee Witholding FICA 87-0386724 QB Tracking#-233581706 87-0386724 QB Tracking#-233581706 87-0386724 QB Tracking#-233581706 Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit 87-0386724 QB Tracking#-81105706 87-0386724 QB Tracking#-81105706 87-0386724 QB Tracking#-81105706 Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Total Employee Witholding FICA Employer FICA 87-0386724 QB Tracking#-233581706 87-0386724 QB Tracking#-233581706 Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit 87-0386724 QB Tracking#-81105706 87-0386724 QB Tracking#-81105706 Direct Deposit Page 39 of 80 Memo Direct Deposit Direct Deposit Direct Deposit Total Employer FICA Federal Tax Withholding 87-0386724 QB Tracking#-233581706 Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit 87-0386724 QB Tracking#-81105706 Direct Deposit Direct Deposit Direct Deposit Direct Deposit Total Federal Tax Withholding State Income Tax Withholding Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Total State Income Tax Withholding Accrued Payroll Taxes-Other Total Accrued Payroll Taxes-Other Total Accrued Payroll Taxes Employee Garnishments Total Employee Garnishments Health Insurance Withholding Total Health Insurance Withholding Retirement Plan Withholding Total Retirement Plan Withholding Accrued Liabilities-Other Total Accrued Liabilities-Other Total Accrued Liabilities Deferred Revenue Total Deferred Revenue Deposit Liabilities Total Deposit Liabilities Direct Deposit Liabilities Created by Payroll Service on 09/06/2023 Direct Deposit Direct Deposit Page 40 of 80 Memo Direct Deposit Created by Payroll Service on 09/20/2023 Direct Deposit Direct Deposit Total Direct Deposit Liabilities Payroll Liabilities Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Total Payroll Liabilities Line of Credit-Zions Bank Total Line of Credit-Zions Bank EQUITY Total EQUITY Opening Balance Equity Total Opening Balance Equity Temp Restricted Net Assets Total Temp Restricted Net Assets Unrestricted Net Assets Total Unrestricted Net Assets REVENUE CITY In-Kind SLC Dept DED Exp. Total In-Kind SLC Dept DED Exp. In-Kind SLC Dept Salaries&Ben Total In-Kind SLC Dept Salaries&Ben SLC Nondepartmental Salt Lake City Non Departmental Appropriation Total SLC Nondepartmental CITY-Other Total CITY-Other Total CITY CONTRIBUTIONS Corporate Total Corporate Foundations Total Foundations In-Kind Total In-Kind Individuals Total Individuals CONTRIBUTIONS-Other Total CONTRIBUTIONS-Other Page 41 of 80 Memo Total CONTRIBUTIONS EARNED INCOME Beverage Sales Alcohol Total Alcohol Non Alcohol Total Non Alcohol Beverage Sales-Other Total Beverage Sales-Other Total Beverage Sales Commissions Artwork Sold-Sheryl Gillilan Total Commissions Merchandise Sales Total Merchandise Sales Other Fees Total Other Fees Rental Fees Total Rental Fees Ticket Sales Total Ticket Sales Vendor Fees Total Vendor Fees Workshop Fees Total Workshop Fees EARNED INCOME-Other Total EARNED INCOME-Other Total EARNED INCOME GOVERNMENT GRANTS County Total County Federal Total Federal State Total State GOVERNMENT GRANTS-Other Total GOVERNMENT GRANTS-Other Total GOVERNMENT GRANTS OTHER REVENUE Contracted Services Rendered Total Contracted Services Rendered Interest Total Interest Miscellaneous Income Page 42 of 80 Memo Total Miscellaneous Income Public Art General Total Public Art General OTHER REVENUE-Other Total OTHER REVENUE-Other Total OTHER REVENUE REVENUE-Other Total REVENUE-Other Total REVENUE Uncategorized Income Total Uncategorized Income Cost of Goods Sold Total Cost of Goods Sold EXPENSES General&Adminstrative Bank Fees Interest Expense Total Interest Expense Bank Fees-Other Service Charge Total Bank Fees-Other Total Bank Fees Benefits Direct Deposit Direct Deposit Total Benefits CED Expenses Total CED Expenses Conference Fees Total Conference Fees Contracted Services Total Contracted Services Credit Card Fees Total Credit Card Fees Depreciation Total Depreciation Dues/Subscriptions/Publications Total Dues/Subscriptions/Publications Page 43 of 80 Memo Employee Screenings Total Employee Screenings General Insurance Total General Insurance In-Kind SLC Dept DED Expenses Total In-Kind SLC Dept DED Expenses In-Kind SLC Dept Salaries&Ben Total In-Kind SLC Dept Salaries&Ben Parking/Mileage Total Parking/Mileage Payroll Taxes Federal Unemployment Tax Total Federal Unemployment Tax FICA Total FICA State Unemployment Tax Total State Unemployment Tax Payroll Taxes-Other Total Payroll Taxes-Other Total Payroll Taxes Permits&Licenses Total Permits&Licenses Rent Total Rent Salaries&Wages Total Salaries&Wages Travel Total Travel Utilities Total Utilities General&Adminstrative-Other Total General&Adminstrative-Other Total General&Adminstrative Program Expenses Advertising&Publicity Call for Artists 500 North/Fairpark West Side Art Installation Call for Artists 1500 North/Fairpark Call for Artists 500 North/Fairpark Flash Project Page 44 of 80 Memo Total Advertising&Publicity Artist Commissions Total Artist Commissions Artist Emergency Fund Total Artist Emergency Fund Beverages Purchased Alcohol Total Alcohol Non Alcohol Total Non Alcohol Beverages Purchased-Other Total Beverages Purchased-Other Total Beverages Purchased Equipment Rental Total Equipment Rental Equipment Repairs&Maintenance Total Equipment Repairs&Maintenance Food&Beverage Art Design Board Meeting Total Food&Beverage Grant Expense Artist Career Empowerment Total Artist Career Empowerment Artist in the Classroom Total Artist in the Classroom Arts Learning Total Arts Learning General Support Total General Support Mini Grant Total Mini Grant Project Support Total Project Support Racial Equity and Inclusion Total Racial Equity and Inclusion Grant Expense-Other Total Grant Expense-Other Total Grant Expense Graphics/Design Work Total Graphics/Design Work Honoraria&Artist Fees SLC Welcome Week performance Total Honoraria&Artist Fees Page 45 of 80 Memo In-Kind Goods&Services Total In-Kind Goods&Services Lodging Total Lodging Mailing Total Mailing Meals Total Meals Merchandise Total Merchandise Miscellaneous Charge Team Building Reimbursement Total Miscellaneous Charge Payroll Taxes Federal Unemployment Tax Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Total Federal Unemployment Tax FICA Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Total FICA State Unemployment Tax Total State Unemployment Tax Payroll Taxes-Other Total Payroll Taxes-Other Total Payroll Taxes Permits&Licenses Page 46 of 80 Memo Total Permits&Licenses Postage Total Postage Printing Total Printing Public Art Total Public Art Salaries&Wages Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Total Salaries&Wages Security Total Security Supplies Interior Paint Total Supplies Unemployment Total Unemployment Program Expenses-Other Total Program Expenses-Other Total Program Expenses EXPENSES-Other Total EXPENSES-Other Total EXPENSES Payroll Expenses Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Total Payroll Expenses Page 47 of 80 Memo Reconciliation Discrepancies Total Reconciliation Discrepancies Program Startup Cash Total Program Startup Cash No accnt Total no accnt TOTAL Page 48 of 80 Salt Lake Arts Council Foundation 1:36 PM General Ledger 10/05/2023 As of September 30, 2023 Accrual Basis Split Amount Balance Cash 309,576.12 Checking-MACU 256,534.51 Artist Commissions 0.00 Total Artist Commissions 0.00 Refundable Deposits 300.00 Total Refundable Deposits 300.00 Checking-MACU-Other 256,234.51 Credit Card Fees -20.70 256,213.81 Direct Deposit Liabilities -1,810.52 254,403.29 -SPLIT- -9,943.96 244,459.33 Project Support -1,000.00 243,459.33 Project Support -875.00 242,584.33 Project Support -875.00 241,709.33 General Support -2,500.00 239,209.33 General Support -2,000.00 237,209.33 Commissions 250.00 237,459.33 -SPLIT- 0.00 237,459.33 -SPLIT- 0.00 237,459.33 -SPLIT- 0.00 237,459.33 -SPLIT- -848.84 236,610.49 Payables -203.46 236,407.03 Payables -445.78 235,961.25 Payables -850.00 235,111.25 Payables -395.00 234,716.25 Payables -2,445.48 232,270.77 Payables -49.34 232,221.43 Payables -19,000.00 213,221.43 Miscellaneous Charge 84.99 213,306.42 Payables -445.00 212,861.42 Payables -600.00 212,261.42 Undeposited Funds 11,535.00 223,796.42 Direct Deposit Liabilities -1,340.21 222,456.21 -SPLIT- 0.00 222,456.21 -SPLIT- 0.00 222,456.21 Undeposited Funds 50,000.00 272,456.21 Undeposited Funds 800,000.00 1,072,456.21 Bank Fees -34.42 1,072,421.79 Total Checking-MACU-Other 816,187.28 1,072,421.79 Total Checking-MACU 816,187.28 1,072,721.79 Checking-MACU/Grants 50,008.90 Racial Equity and Inclusion -2,500.00 47,508.90 Racial Equity and Inclusion -3,750.00 43,758.90 Page 49 of 80 Split Amount Balance Racial Equity and Inclusion 38,258.90 Artist Career Empowerment -5,000.00 33,258.90 Project Support 2,000.00 35,258.90 General Support 2,437.50 37,696.40 General Support -2,437.50 35,258.90 Project Support -2,000.00 33,258.90 General Support 1,400.00 34,658.90 General Support -1,400.00 33,258.90 Artist in the Classroom -1,500.00 31,758.90 Project Support -1,875.00 29,883.90 Total Checking-MACU/Grants -20,125.00 29,883.90 Checking-Wells Fargo 0.00 Total Checking-Wells Fargo 0.00 Checking-Zions Bank 0.00 Total Checking-Zions Bank 0.00 Petty Cash 0.00 Total Petty Cash 0.00 Savings-MACU 2,907.71 Total Savings-MACU 2,907.71 Savings-MACU/Grants 125.00 Total Savings-MACU/Grants 125.00 Savings-Wells Fargo 0.00 Total Savings-Wells Fargo 0.00 Cash-Other 0.00 Total Cash-Other 0.00 Total Cash 796,062.28 1,105,638.40 Gift Card 3.95 Total Gift Card 3.95 Investments 521,368.97 Utah State Treasurer 521,368.97 Total Utah State Treasurer 521,368.97 Investments-Other 0.00 Total Investments-Other 0.00 Total Investments 521,368.97 MACU Express Debit 186.37 Total MACU Express Debit 186.37 Accounts Receivable 152,480.50 -SPLIT- 800,000.00 952,480.50 County 11,535.00 964,015.50 Undeposited Funds -11,535.00 952,480.50 Undeposited Funds -50,000.00 902,480.50 Undeposited Funds -800,000.00 102,480.50 Total Accounts Receivable -50,000.00 102,480.50 Allowance for Doubtful Accounts 0.00 Total Allowance for Doubtful Accounts 0.00 Page 50 of 80 Split Amount Balance Allowance for Doubtful Pledges 0.00 Total Allowance for Doubtful Pledges 0.00 Contributions Receivable 0.00 Grants Receivable 0.00 Total Grants Receivable 0.00 Pledges Receivable 0.00 Allowance for Doubtful Pledges 0.00 Total Allowance for Doubtful Pledges 0.00 Pledges Receivable-Other 0.00 Total Pledges Receivable-Other 0.00 Total Pledges Receivable 0.00 Contributions Receivable-Other 0.00 Total Contributions Receivable-Other 0.00 Total Contributions Receivable 0.00 Other Receivables 0.00 Total Other Receivables 0.00 Sponsorships Receivable 0.00 Total Sponsorships Receivable 0.00 Employee Advances 0.00 Total Employee Advances 0.00 Inventory Asset 0.00 Total Inventory Asset 0.00 Other Assets 5,731.07 Accrued Revenue 0.00 Total Accrued Revenue 0.00 Prepaid Expenses-Other 5,670.00 Total Prepaid Expenses-Other 5,670.00 Prepaid Insurance 0.00 Total Prepaid Insurance 0.00 Prepaid Postage 61.07 Total Prepaid Postage 61.07 Other Assets-Other 0.00 Total Other Assets-Other 0.00 Total Other Assets 5,731.07 Payroll Asset 0.00 Total Payroll Asset 0.00 Sales Tax Receivable 4,199.37 MACU Credit Card 1.12 4,200.49 MACU Credit Card 19.76 4,220.25 MACU Credit Card 1.24 4,221.49 MACU Credit Card 6.20 4,227.69 MACU Credit Card 4.47 4,232.16 Total Sales Tax Receivable 32.79 4,232.16 Supplies Inventory 0.00 Total Supplies Inventory 0.00 Page 51 of 80 Split Amount Balance Undeposited Funds 0.00 Accounts Receivable 11,535.00 11,535.00 Checking-MACU -11,535.00 0.00 Accounts Receivable 50,000.00 50,000.00 Checking-MACU -50,000.00 0.00 Accounts Receivable 800,000.00 800,000.00 Checking-MACU -800,000.00 0.00 Total Undeposited Funds 0.00 0.00 Accum Depr-Building 0.00 Total Accum Depr-Building 0.00 Accum Depr-Furn and Equip 0.00 Total Accum Depr-Furn and Equip 0.00 Accum Depr-Leasehold Imps 0.00 Total Accum Depr-Leasehold Imps 0.00 Accum Depr-Vehicles 0.00 Total Accum Depr-Vehicles 0.00 Accum. Depr-Event Equipment 0.00 Total Accum. Depr-Event Equipment 0.00 Facility Construction 0.00 Total Facility Construction 0.00 Fixed Assets 389,282.00 Buildings 0.00 Total Buildings 0.00 Electronic Equipment 15,964.00 Total Electronic Equipment 15,964.00 Event Equipment 18,981.00 Total Event Equipment 18,981.00 Furniture and Equipment 6,019.00 Total Furniture and Equipment 6,019.00 Land 0.00 Total Land 0.00 Leasehold Improvements 348,318.00 Total Leasehold Improvements 348,318.00 Vehicles 0.00 Total Vehicles 0.00 Fixed Assets-Other 0.00 Total Fixed Assets-Other 0.00 Total Fixed Assets 389,282.00 Investment in Gnrl Fixed Assets -389,282.00 Total Investment in Gnrl Fixed Assets -389,282.00 Accum Depr-Investment Assets 0.00 Total Accum Depr-Investment Assets 0.00 Art Collections 0.00 Total Art Collections 0.00 Doubtful Loans Allowance 0.00 Page 52 of 80 Split Amount Balance Total Doubtful Loans Allowance 0.00 Marketable Securities 0.00 Total Marketable Securities 0.00 Notes Receivable 0.00 Total Notes Receivable 0.00 Other Investments 0.00 Total Other Investments 0.00 Grants Payable -185,012.50 Artist Career Empowerment -59,000.00 Checking-MACU/Grants 5,000.00 -54,000.00 Total Artist Career Empowerment 5,000.00 -54,000.00 Artist in the Classroom -4,500.00 Checking-MACU/Grants 1,500.00 -3,000.00 Total Artist in the Classroom 1,500.00 -3,000.00 Arts Learning 0.00 Total Arts Learning 0.00 General Support -10,125.00 Checking-MACU 2,500.00 -7,625.00 Checking-MACU 2,000.00 -5,625.00 Checking-MACU/Grants -2,437.50 -8,062.50 Checking-MACU/Grants 2,437.50 -5,625.00 Checking-MACU/Grants -1,400.00 -7,025.00 Checking-MACU/Grants 1,400.00 -5,625.00 Total General Support 4,500.00 -5,625.00 Mini Grant 0.00 Total Mini Grant 0.00 Project Support -54,375.00 Checking-MACU 1,000.00 -53,375.00 Checking-MACU 875.00 -52,500.00 Checking-MACU 875.00 -51,625.00 Checking-MACU/Grants -2,000.00 -53,625.00 Checking-MACU/Grants 2,000.00 -51,625.00 Checking-MACU/Grants 1,875.00 -49,750.00 Total Project Support 4,625.00 -49,750.00 Racial Equity and Inclusion -57,012.50 Checking-MACU/Grants 2,500.00 -54,512.50 Checking-MACU/Grants 3,750.00 -50,762.50 Checking-MACU/Grants 5,500.00 -45,262.50 Total Racial Equity and Inclusion 11,750.00 -45,262.50 Grants Payable-Other 0.00 Total Grants Payable-Other 0.00 Total Grants Payable 27,375.00 -157,637.50 Payables 12,240.93 Accounts Payable 0.00 Total Accounts Payable 0.00 Page 53 of 80 Split Amount Balance Artists Payable 0.00 Total Artists Payable 0.00 Payables-Other 12,240.93 Contracted Services -395.00 11,845.93 Utilities -49.34 11,796.59 MACU Credit Card 120.14 11,916.73 MACU Credit Card -2,445.48 9,471.25 Advertising&Publicity -850.00 8,621.25 General Insurance -590.27 8,030.98 Contracted Services -19,000.00 -10,969.02 Checking-MACU 203.46 -10,765.56 Checking-MACU 445.78 -10,319.78 Checking-MACU 850.00 -9,469.78 Checking-MACU 395.00 -9,074.78 Checking-MACU 2,445.48 -6,629.30 Checking-MACU 49.34 -6,579.96 Checking-MACU 19,000.00 12,420.04 Utilities -445.00 11,975.04 Honoraria&Artist Fees -300.00 11,675.04 Honoraria&Artist Fees -300.00 11,375.04 Checking-MACU 445.00 11,820.04 Checking-MACU 600.00 12,420.04 -SPLIT- -560.00 11,860.04 Printing -485.00 11,375.04 -SPLIT- -500.00 10,875.04 Total Payables-Other -1,365.89 10,875.04 Total Payables -1,365.89 10,875.04 MACU Credit Card -2,445.48 -SPLIT- -10.00 -2,455.48 -SPLIT- -38.31 -2,493.79 Payables -120.14 -2,613.93 -SPLIT- -274.76 -2,888.69 Payables 2,445.48 -443.21 Advertising&Publicity -15.00 -458.21 -SPLIT- -17.23 -475.44 -SPLIT- -187.11 -662.55 Supplies -55.39 -717.94 -SPLIT- -86.18 -804.12 -SPLIT- -15.00 -819.12 Advertising&Publicity -19.43 -838.55 -SPLIT- -64.46 -903.01 Advertising&Publicity -24.00 -927.01 Total MACU Credit Card 1,518.47 -927.01 MACU Credit Card 0626 -550.05 Total MACU Credit Card 0626 -550.05 Page 54 of 80 Split Amount Balance Wells Fargo Credit Card 0.00 Total Wells Fargo Credit Card 0.00 Zions Bank Credit Card 0.00 Total Zions Bank Credit Card 0.00 Accrued Liabilities -11,220.96 Accrued Comp.Absences 0.00 Total Accrued Comp.Absences 0.00 Accrued Payroll 0.00 Total Accrued Payroll 0.00 Accrued Payroll Taxes -11,220.96 Employee Witholding FICA -3,902.73 Checking-MACU 2,895.18 -1,007.55 Checking-MACU 677.13 -330.42 Checking-MACU 0.00 -330.42 Checking-MACU 0.00 -330.42 Checking-MACU -81.84 -412.26 Checking-MACU -19.14 -431.40 Checking-MACU 0.00 -431.40 Checking-MACU -18.71 -450.11 Checking-MACU -4.37 -454.48 Checking-MACU 0.00 -454.48 Checking-MACU -29.76 -484.24 Checking-MACU -6.96 -491.20 Checking-MACU 267.79 -223.41 Checking-MACU 62.63 -160.78 Checking-MACU 0.00 -160.78 Checking-MACU 0.00 -160.78 Checking-MACU -77.75 -238.53 Checking-MACU -18.18 -256.71 Checking-MACU 0.00 -256.71 Checking-MACU -19.65 -276.36 Checking-MACU -4.60 -280.96 Total Employee Witholding FICA 3,621.77 -280.96 Employer FICA -3,902.73 Checking-MACU 2,895.18 -1,007.55 Checking-MACU 677.13 -330.42 Checking-MACU -81.84 -412.26 Checking-MACU -19.14 -431.40 Checking-MACU -18.71 -450.11 Checking-MACU -4.37 -454.48 Checking-MACU -29.76 -484.24 Checking-MACU -6.96 -491.20 Checking-MACU 267.79 -223.41 Checking-MACU 62.63 -160.78 Checking-MACU -77.75 -238.53 Page 55 of 80 Split Amount Balance Checking-MACU -256.71 Checking-MACU -19.65 -276.36 Checking-MACU -4.60 -280.96 Total Employer FICA 3,621.77 -280.96 Federal Tax Withholding -3,119.44 Checking-MACU 2,799.34 -320.10 Checking-MACU -86.00 -406.10 Checking-MACU 0.00 -406.10 Checking-MACU 0.00 -406.10 Checking-MACU -1.81 -407.91 Checking-MACU 0.00 -407.91 Checking-MACU 0.00 -407.91 Checking-MACU 188.00 -219.91 Checking-MACU -78.00 -297.91 Checking-MACU 0.00 -297.91 Checking-MACU 0.00 -297.91 Checking-MACU -1.90 -299.81 Total Federal Tax Withholding 2,819.63 -299.81 State Income Tax Withholding -296.06 Checking-MACU -58.00 -354.06 Checking-MACU 0.00 -354.06 Checking-MACU -8.00 -362.06 Checking-MACU -54.00 -416.06 Checking-MACU 0.00 -416.06 Total State Income Tax Withholding -120.00 -416.06 Accrued Payroll Taxes-Other 0.00 Total Accrued Payroll Taxes-Other 0.00 Total Accrued Payroll Taxes 9,943.17 -1,277.79 Employee Garnishments 0.00 Total Employee Garnishments 0.00 Health Insurance Withholding 0.00 Total Health Insurance Withholding 0.00 Retirement Plan Withholding 0.00 Total Retirement Plan Withholding 0.00 Accrued Liabilities-Other 0.00 Total Accrued Liabilities-Other 0.00 Total Accrued Liabilities 9,943.17 -1,277.79 Deferred Revenue -650.00 Total Deferred Revenue -650.00 Deposit Liabilities -750.00 Total Deposit Liabilities -750.00 Direct Deposit Liabilities -0.44 Checking-MACU 1,810.52 1,810.08 Checking-MACU -1,096.52 713.56 Checking-MACU -278.72 434.84 Page 56 of 80 Split Amount Balance Checking-MACU -0.44 Checking-MACU 1,340.21 1,339.77 Checking-MACU -1,047.57 292.20 Checking-MACU -292.64 -0.44 Total Direct Deposit Liabilities 0.00 -0.44 Payroll Liabilities 0.00 Checking-MACU 0.00 0.00 Checking-MACU 0.00 0.00 Checking-MACU 0.00 0.00 Checking-MACU 0.00 0.00 Checking-MACU 0.00 0.00 Total Payroll Liabilities 0.00 0.00 Line of Credit-Zions Bank 0.00 Total Line of Credit-Zions Bank 0.00 EQUITY 0.00 Total EQUITY 0.00 Opening Balance Equity 0.00 Total Opening Balance Equity 0.00 Temp Restricted Net Assets 0.00 Total Temp Restricted Net Assets 0.00 Unrestricted Net Assets -862,857.66 Total Unrestricted Net Assets -862,857.66 REVENUE -28,445.00 CITY 0.00 In-Kind SLC Dept DED Exp. 0.00 Total In-Kind SLC Dept DED Exp. 0.00 In-Kind SLC Dept Salaries&Ben 0.00 Total In-Kind SLC Dept Salaries&Ben 0.00 SLC Nondepartmental 0.00 Accounts Receivable -800,000.00 -800,000.00 Total SLC Nondepartmental -800,000.00 -800,000.00 CITY-Other 0.00 Total CITY-Other 0.00 Total CITY -800,000.00 -800,000.00 CONTRIBUTIONS 0.00 Corporate 0.00 Total Corporate 0.00 Foundations 0.00 Total Foundations 0.00 In-Kind 0.00 Total In-Kind 0.00 Individuals 0.00 Total Individuals 0.00 CONTRIBUTIONS-Other 0.00 Total CONTRIBUTIONS-Other 0.00 Page 57 of 80 Split Amount Balance Total CONTRIBUTIONS 0.00 EARNED INCOME -5,375.00 Beverage Sales 0.00 Alcohol 0.00 Total Alcohol 0.00 Non Alcohol 0.00 Total Non Alcohol 0.00 Beverage Sales-Other 0.00 Total Beverage Sales-Other 0.00 Total Beverage Sales 0.00 Commissions -5,375.00 Checking-MACU -250.00 -5,625.00 Total Commissions -250.00 -5,625.00 Merchandise Sales 0.00 Total Merchandise Sales 0.00 Other Fees 0.00 Total Other Fees 0.00 Rental Fees 0.00 Total Rental Fees 0.00 Ticket Sales 0.00 Total Ticket Sales 0.00 Vendor Fees 0.00 Total Vendor Fees 0.00 Workshop Fees 0.00 Total Workshop Fees 0.00 EARNED INCOME-Other 0.00 Total EARNED INCOME-Other 0.00 Total EARNED INCOME -250.00 -5,625.00 GOVERNMENT GRANTS -23,070.00 County -23,070.00 Accounts Receivable -11,535.00 -34,605.00 Total County -11,535.00 -34,605.00 Federal 0.00 Total Federal 0.00 State 0.00 Total State 0.00 GOVERNMENT GRANTS-Other 0.00 Total GOVERNMENT GRANTS-Other 0.00 Total GOVERNMENT GRANTS -11,535.00 -34,605.00 OTHER REVENUE 0.00 Contracted Services Rendered 0.00 Total Contracted Services Rendered 0.00 Interest 0.00 Total Interest 0.00 Miscellaneous Income 0.00 Page 58 of 80 Split Amount Balance Total Miscellaneous Income 0.00 Public Art General 0.00 Total Public Art General 0.00 OTHER REVENUE-Other 0.00 Total OTHER REVENUE-Other 0.00 Total OTHER REVENUE 0.00 REVENUE-Other 0.00 Total REVENUE-Other 0.00 Total REVENUE -811,785.00 -840,230.00 Uncategorized Income 0.00 Total Uncategorized Income 0.00 Cost of Goods Sold 0.00 Total Cost of Goods Sold 0.00 EXPENSES 86,144.81 General&Adminstrative 45,319.91 Bank Fees 217.81 Interest Expense 0.00 Total Interest Expense 0.00 Bank Fees-Other 217.81 Checking-MACU 34.42 252.23 Total Bank Fees-Other 34.42 252.23 Total Bank Fees 34.42 252.23 Benefits 150.50 Checking-MACU 21.50 172.00 Checking-MACU 21.50 193.50 Total Benefits 43.00 193.50 CED Expenses 0.00 Total CED Expenses 0.00 Conference Fees 0.00 Total Conference Fees 0.00 Contracted Services 40,780.50 Payables 395.00 41,175.50 Payables 19,000.00 60,175.50 Total Contracted Services 19,395.00 60,175.50 Credit Card Fees 134.99 Checking-MACU 20.70 155.69 Total Credit Card Fees 20.70 155.69 Depreciation 0.00 Total Depreciation 0.00 Dues/Subscriptions/Publications 1,245.36 MACU Credit Card 255.00 1,500.36 MACU Credit Card 15.99 1,516.35 MACU Credit Card 15.00 1,531.35 MACU Credit Card 0.00 1,531.35 Total Dues/Subscriptions/Publications 285.99 1,531.35 Page 59 of 80 Split Amount Balance Employee Screenings 0.00 Total Employee Screenings 0.00 General Insurance 1,180.59 Payables 590.27 1,770.86 Total General Insurance 590.27 1,770.86 In-Kind SLC Dept DED Expenses 0.00 Total In-Kind SLC Dept DED Expenses 0.00 In-Kind SLC Dept Salaries&Ben 0.00 Total In-Kind SLC Dept Salaries&Ben 0.00 Parking/Mileage 0.00 Total Parking/Mileage 0.00 Payroll Taxes 0.00 Federal Unemployment Tax 0.00 Total Federal Unemployment Tax 0.00 FICA 0.00 Total FICA 0.00 State Unemployment Tax 0.00 Total State Unemployment Tax 0.00 Payroll Taxes-Other 0.00 Total Payroll Taxes-Other 0.00 Total Payroll Taxes 0.00 Permits&Licenses 0.00 Total Permits&Licenses 0.00 Rent 0.00 Total Rent 0.00 Salaries&Wages 0.00 Total Salaries&Wages 0.00 Travel 0.00 Total Travel 0.00 Utilities 1,610.16 Payables 49.34 1,659.50 Payables 445.00 2,104.50 Total Utilities 494.34 2,104.50 General&Adminstrative-Other 0.00 Total General&Adminstrative-Other 0.00 Total General&Adminstrative 20,863.72 66,183.63 Program Expenses 40,824.90 Advertising&Publicity 186.48 MACU Credit Card 9.54 196.02 MACU Credit Card 0.46 196.48 Payables 850.00 1,046.48 MACU Credit Card 15.00 1,061.48 MACU Credit Card 19.43 1,080.91 MACU Credit Card 24.00 1,104.91 Payables 500.00 1,604.91 Page 60 of 80 Split Amount Balance Payables 0.00 1,604.91 Total Advertising&Publicity 1,418.43 1,604.91 Artist Commissions 1,032.50 Total Artist Commissions 1,032.50 Artist Emergency Fund 0.00 Total Artist Emergency Fund 0.00 Beverages Purchased 0.00 Alcohol 0.00 Total Alcohol 0.00 Non Alcohol 0.00 Total Non Alcohol 0.00 Beverages Purchased-Other 0.00 Total Beverages Purchased-Other 0.00 Total Beverages Purchased 0.00 Equipment Rental 14,275.82 Total Equipment Rental 14,275.82 Equipment Repairs&Maintenance 0.00 Total Equipment Repairs&Maintenance 0.00 Food&Beverage 547.98 MACU Credit Card 37.19 585.17 Total Food&Beverage 37.19 585.17 Grant Expense -562.00 Artist Career Empowerment 0.00 Total Artist Career Empowerment 0.00 Artist in the Classroom 0.00 Total Artist in the Classroom 0.00 Arts Learning 0.00 Total Arts Learning 0.00 General Support 0.00 Total General Support 0.00 Mini Grant 0.00 Total Mini Grant 0.00 Project Support -562.00 Total Project Support -562.00 Racial Equity and Inclusion 0.00 Total Racial Equity and Inclusion 0.00 Grant Expense-Other 0.00 Total Grant Expense-Other 0.00 Total Grant Expense -562.00 Graphics/Design Work 400.00 Total Graphics/Design Work 400.00 Honoraria&Artist Fees 9,200.00 Payables 300.00 9,500.00 Payables 300.00 9,800.00 Total Honoraria&Artist Fees 600.00 9,800.00 Page 61 of 80 Split Amount Balance In-Kind Goods&Services 0.00 Total In-Kind Goods&Services 0.00 Lodging 0.00 Total Lodging 0.00 Mailing 85.16 Total Mailing 85.16 Meals 0.00 Total Meals 0.00 Merchandise 0.00 Total Merchandise 0.00 Miscellaneous Charge 109.48 Checking-MACU -84.99 24.49 Total Miscellaneous Charge -84.99 24.49 Payroll Taxes 679.55 Federal Unemployment Tax 5.04 Checking-MACU 0.00 5.04 Checking-MACU 0.42 5.46 Checking-MACU 1.39 6.85 Checking-MACU 0.00 6.85 Checking-MACU 0.00 6.85 Checking-MACU 0.27 7.12 Checking-MACU 1.63 8.75 Total Federal Unemployment Tax 3.71 8.75 FICA 674.51 Checking-MACU 81.84 756.35 Checking-MACU 19.14 775.49 Checking-MACU 4.37 779.86 Checking-MACU 14.34 794.20 Checking-MACU 1.02 795.22 Checking-MACU 3.35 798.57 Checking-MACU 29.76 828.33 Checking-MACU 6.96 835.29 Checking-MACU 77.75 913.04 Checking-MACU 18.18 931.22 Checking-MACU 2.81 934.03 Checking-MACU 16.84 950.87 Checking-MACU 0.66 951.53 Checking-MACU 3.94 955.47 Total FICA 280.96 955.47 State Unemployment Tax 0.00 Total State Unemployment Tax 0.00 Payroll Taxes-Other 0.00 Total Payroll Taxes-Other 0.00 Total Payroll Taxes 284.67 964.22 Permits&Licenses 3,205.43 Page 62 of 80 Split Amount Balance Total Permits&Licenses 3,205.43 Postage 17.05 Total Postage 17.05 Printing 1,400.85 Payables 485.00 1,885.85 Total Printing 485.00 1,885.85 Public Art 0.00 Total Public Art 0.00 Salaries&Wages 8,817.01 Checking-MACU 1,320.00 10,137.01 Checking-MACU 70.42 10,207.43 Checking-MACU 231.38 10,438.81 Checking-MACU 480.00 10,918.81 Checking-MACU 1,254.00 12,172.81 Checking-MACU 45.27 12,218.08 Checking-MACU 271.62 12,489.70 Total Salaries&Wages 3,672.69 12,489.70 Security 203.46 Payables 560.00 763.46 Payables 0.00 763.46 Total Security 560.00 763.46 Supplies 1,226.13 MACU Credit Card 179.12 1,405.25 MACU Credit Card 7.99 1,413.24 MACU Credit Card 55.39 1,468.63 MACU Credit Card 79.98 1,548.61 MACU Credit Card 59.99 1,608.60 Total Supplies 382.47 1,608.60 Unemployment 0.00 Total Unemployment 0.00 Program Expenses-Other 0.00 Total Program Expenses-Other 0.00 Total Program Expenses 7,355.46 48,180.36 EXPENSES-Other 0.00 Total EXPENSES-Other 0.00 Total EXPENSES 28,219.18 114,363.99 Payroll Expenses 0.00 Checking-MACU 0.00 0.00 Checking-MACU 0.00 0.00 Checking-MACU 0.00 0.00 Checking-MACU 0.00 0.00 Checking-MACU 0.00 0.00 Checking-MACU 0.00 0.00 Checking-MACU 0.00 0.00 Total Payroll Expenses 0.00 0.00 Page 63 of 80 Split Amount Balance Reconciliation Discrepancies 0.00 Total Reconciliation Discrepancies 0.00 Program Startup Cash 0.00 Total Program Startup Cash 0.00 No accnt 0.00 Total no accnt 0.00 TOTAL 0.00 0.00 Page 64 of 80 Salt Lake Arts Council Foundation General Ledger As of September 30, 2023 Cash Checking-MACU Artist Commissions Total Artist Commissions Refundable Deposits Total Refundable Deposits Checking-MACU-Other what is this? Total Checking-MACU-Other Total Checking-MACU Checking-MACU/Grants Page 65 of 80 Total Checking-MACU/Grants Checking-Wells Fargo Total Checking-Wells Fargo Checking-Zions Bank Total Checking-Zions Bank Petty Cash Total Petty Cash Savings-MACU Total Savings-MACU Savings-MACU/Grants Total Savings-MACU/Grants Savings-Wells Fargo Total Savings-Wells Fargo Cash-Other Total Cash-Other Total Cash Gift Card Total Gift Card Investments Utah State Treasurer Total Utah State Treasurer Investments-Other Total Investments-Other Total Investments MACU Express Debit Total MACU Express Debit Accounts Receivable Total Accounts Receivable Allowance for Doubtful Accounts Total Allowance for Doubtful Accounts Page 66 of 80 Allowance for Doubtful Pledges Total Allowance for Doubtful Pledges Contributions Receivable Grants Receivable Total Grants Receivable Pledges Receivable Allowance for Doubtful Pledges Total Allowance for Doubtful Pledges Pledges Receivable-Other Total Pledges Receivable-Other Total Pledges Receivable Contributions Receivable-Other Total Contributions Receivable-Other Total Contributions Receivable Other Receivables Total Other Receivables Sponsorships Receivable Total Sponsorships Receivable Employee Advances Total Employee Advances Inventory Asset Total Inventory Asset Other Assets Accrued Revenue Total Accrued Revenue Prepaid Expenses-Other Total Prepaid Expenses-Other Prepaid Insurance Total Prepaid Insurance Prepaid Postage Total Prepaid Postage Other Assets-Other Total Other Assets-Other Total Other Assets Payroll Asset Total Payroll Asset Sales Tax Receivable Total Sales Tax Receivable Supplies Inventory Total Supplies Inventory Page 67 of 80 Undeposited Funds Total Undeposited Funds Accum Depr-Building Total Accum Depr-Building Accum Depr-Furn and Equip Total Accum Depr-Furn and Equip Accum Depr-Leasehold Imps Total Accum Depr-Leasehold Imps Accum Depr-Vehicles Total Accum Depr-Vehicles Accum. Depr-Event Equipment Total Accum. Depr-Event Equipment Facility Construction Total Facility Construction Fixed Assets Buildings Total Buildings Electronic Equipment Total Electronic Equipment Event Equipment Total Event Equipment Furniture and Equipment Total Furniture and Equipment Land Total Land Leasehold Improvements Total Leasehold Improvements Vehicles Total Vehicles Fixed Assets-Other Total Fixed Assets-Other Total Fixed Assets Investment in Gnrl Fixed Assets Total Investment in Gnrl Fixed Assets Accum Depr-Investment Assets Total Accum Depr-Investment Assets Art Collections Total Art Collections Doubtful Loans Allowance Page 68 of 80 Total Doubtful Loans Allowance Marketable Securities Total Marketable Securities Notes Receivable Total Notes Receivable Other Investments Total Other Investments Grants Payable Artist Career Empowerment Total Artist Career Empowerment Artist in the Classroom Total Artist in the Classroom Arts Learning Total Arts Learning General Support Total General Support Mini Grant Total Mini Grant Project Support Total Project Support Racial Equity and Inclusion Total Racial Equity and Inclusion Grants Payable-Other Total Grants Payable-Other Total Grants Payable Payables Accounts Payable Total Accounts Payable Page 69 of 80 Artists Payable Total Artists Payable Payables-Other Total Payables-Other Total Payables MACU Credit Card Total MACU Credit Card MACU Credit Card 0626 Total MACU Credit Card 0626 Page 70 of 80 Wells Fargo Credit Card Total Wells Fargo Credit Card Zions Bank Credit Card Total Zions Bank Credit Card Accrued Liabilities Accrued Comp.Absences Total Accrued Comp.Absences Accrued Payroll Total Accrued Payroll Accrued Payroll Taxes Employee Witholding FICA Total Employee Witholding FICA Employer FICA Page 71 of 80 Total Employer FICA Federal Tax Withholding Total Federal Tax Withholding State Income Tax Withholding Total State Income Tax Withholding Accrued Payroll Taxes-Other Total Accrued Payroll Taxes-Other Total Accrued Payroll Taxes Employee Garnishments Total Employee Garnishments Health Insurance Withholding Total Health Insurance Withholding Retirement Plan Withholding Total Retirement Plan Withholding Accrued Liabilities-Other Total Accrued Liabilities-Other Total Accrued Liabilities Deferred Revenue Total Deferred Revenue Deposit Liabilities Total Deposit Liabilities Direct Deposit Liabilities Page 72 of 80 Total Direct Deposit Liabilities Payroll Liabilities Total Payroll Liabilities Line of Credit-Zions Bank Total Line of Credit-Zions Bank EQUITY Total EQUITY Opening Balance Equity Total Opening Balance Equity Temp Restricted Net Assets Total Temp Restricted Net Assets Unrestricted Net Assets Total Unrestricted Net Assets REVENUE CITY In-Kind SLC Dept DED Exp. Total In-Kind SLC Dept DED Exp. In-Kind SLC Dept Salaries&Ben Total In-Kind SLC Dept Salaries&Ben SLC Nondepartmental Total SLC Nondepartmental CITY-Other Total CITY-Other Total CITY CONTRIBUTIONS Corporate Total Corporate Foundations Total Foundations In-Kind Total In-Kind Individuals Total Individuals CONTRIBUTIONS-Other Total CONTRIBUTIONS-Other Page 73 of 80 Total CONTRIBUTIONS EARNED INCOME Beverage Sales Alcohol Total Alcohol Non Alcohol Total Non Alcohol Beverage Sales-Other Total Beverage Sales-Other Total Beverage Sales Commissions why negative? Total Commissions Merchandise Sales Total Merchandise Sales Other Fees Total Other Fees Rental Fees Total Rental Fees Ticket Sales Total Ticket Sales Vendor Fees Total Vendor Fees Workshop Fees Total Workshop Fees EARNED INCOME-Other Total EARNED INCOME-Other Total EARNED INCOME GOVERNMENT GRANTS why negative? County Total County Federal Total Federal State Total State GOVERNMENT GRANTS-Other Total GOVERNMENT GRANTS-Other Total GOVERNMENT GRANTS OTHER REVENUE Contracted Services Rendered Total Contracted Services Rendered Interest Total Interest Miscellaneous Income Page 74 of 80 Total Miscellaneous Income Public Art General Total Public Art General OTHER REVENUE-Other Total OTHER REVENUE-Other Total OTHER REVENUE REVENUE-Other Total REVENUE-Other Total REVENUE Uncategorized Income Total Uncategorized Income Cost of Goods Sold Total Cost of Goods Sold EXPENSES General&Adminstrative Bank Fees Interest Expense Total Interest Expense Bank Fees-Other Total Bank Fees-Other Total Bank Fees Benefits Total Benefits CED Expenses Total CED Expenses Conference Fees Total Conference Fees Contracted Services Total Contracted Services Credit Card Fees Total Credit Card Fees Depreciation Total Depreciation Dues/Subscriptions/Publications Total Dues/Subscriptions/Publications Page 75 of 80 Employee Screenings Total Employee Screenings General Insurance Total General Insurance In-Kind SLC Dept DED Expenses Total In-Kind SLC Dept DED Expenses In-Kind SLC Dept Salaries&Ben Total In-Kind SLC Dept Salaries&Ben Parking/Mileage Total Parking/Mileage Payroll Taxes Federal Unemployment Tax Total Federal Unemployment Tax FICA Total FICA State Unemployment Tax Total State Unemployment Tax Payroll Taxes-Other Total Payroll Taxes-Other Total Payroll Taxes Permits&Licenses Total Permits&Licenses Rent Total Rent Salaries&Wages Total Salaries&Wages Travel Total Travel Utilities Total Utilities General&Adminstrative-Other Total General&Adminstrative-Other Total General&Adminstrative Program Expenses Advertising&Publicity Page 76 of 80 Total Advertising&Publicity Artist Commissions Total Artist Commissions Artist Emergency Fund Total Artist Emergency Fund Beverages Purchased Alcohol Total Alcohol Non Alcohol Total Non Alcohol Beverages Purchased-Other Total Beverages Purchased-Other Total Beverages Purchased Equipment Rental Total Equipment Rental Equipment Repairs&Maintenance Total Equipment Repairs&Maintenance Food&Beverage Total Food&Beverage Grant Expense Artist Career Empowerment Total Artist Career Empowerment Artist in the Classroom Total Artist in the Classroom Arts Learning Total Arts Learning General Support Total General Support Mini Grant Total Mini Grant Project Support Total Project Support Racial Equity and Inclusion Total Racial Equity and Inclusion Grant Expense-Other Total Grant Expense-Other Total Grant Expense Graphics/Design Work Total Graphics/Design Work Honoraria&Artist Fees Total Honoraria&Artist Fees Page 77 of 80 In-Kind Goods&Services Total In-Kind Goods&Services Lodging Total Lodging Mailing Total Mailing Meals Total Meals Merchandise Total Merchandise Miscellaneous Charge Total Miscellaneous Charge Payroll Taxes Federal Unemployment Tax Total Federal Unemployment Tax FICA Total FICA State Unemployment Tax Total State Unemployment Tax Payroll Taxes-Other Total Payroll Taxes-Other Total Payroll Taxes Permits&Licenses Page 78 of 80 Total Permits&Licenses Postage Total Postage Printing Total Printing Public Art Total Public Art Salaries&Wages Total Salaries&Wages Security Total Security Supplies Total Supplies Unemployment Total Unemployment Program Expenses-Other Total Program Expenses-Other Total Program Expenses EXPENSES-Other Total EXPENSES-Other Total EXPENSES Payroll Expenses Total Payroll Expenses Page 79 of 80 Reconciliation Discrepancies Total Reconciliation Discrepancies Program Startup Cash Total Program Startup Cash No accnt Total no accnt TOTAL Page 80 of 80 Salt Lake City Arts Council Gift Acceptance Policy Updated as of October 2, 2023 The Salt Lake City Arts Council (SLCAC) solicits and accepts gifts that are consistent with its mission. Donations and other forms of support will generally be accepted from individuals, corporations, foundations, government agencies, or other entities. SLCAC will abide by the following guidelines when soliciting and accepting gifts. 1. Intended Use of Gift a. SLCAC will accept contributions that support and further the existing programs and services provided by the organization. SLCAC will not accept any gift that does not align with agency values,falls outside the scope of the mission, requires excessive resources to maintain, or creates a legal liability. b. As a non-profit organization associated with Salt Lake City, SLCAC must adhere to all city regulations-in addition to all state and federal laws-when considering whether to accept a gift. 2. Form of Gift a. SLCAC will accept donations of cash, financial bequests, and in-kind services, with the review and approval of the Executive Director. b. Certain forms of gifts must be reviewed more carefully prior to acceptance due to the additional liability they may present. Examples of gifts which must be reviewed and approved by the SLCAC Board include gifts of real property, gifts of personal property, and gifts of securities. 3. Non-Cash or In-Kind Gifts a. It is the donor's responsibility to establish the effective date and financial value of any non-cash gift. b. SLCAC reserves the right to decline any non-cash gift that is not beneficial to the organization. 4. Donor Privacy Policy a. SLCAC will track donor data to maintain records of donations, send acknowledgements, mail year-end tax statements, send organizational newsletters and updates, and for internal marketing purposes. Donors will be added to the mailing list, unless requested otherwise. b. Donors are acknowledged by contribution level on the SLCAC website, annual report, and event programs, as applicable. Any donor who wishes to remain anonymous must notify SLCAC staff. Donations over 2%of the SLCAC budget must be reported on IRS Form 990, Schedule B. SALT LAKE CITY ARTS COUNCIL BOARD EVALUATION QUESTIONNAIRE - DRAFT 9/27/23 Please respond to the following statements by circling the response that best reflects your experience. The rating scale for each statement is: 5 4 3 2 1 Strongly Agree Agree Maybe/Not Sure Disagree Strongly Disagree A. Please rate how well the board conducts itself: 1. Our organization operates with a strategic plan and measurable goals and priorities. 5 4 3 2 1 2. The board's regular meeting agenda reflects SLCAC's strategic plan and priorities. 5 4 3 2 1 3. The agenda for board meetings is well planned and I receive written reports before meetings. 5 4 3 2 1 4. Most board members are engaged and come to meetings prepared. 5 4 3 2 1 5. The board chair is prepared for the meeting and sticks to the agenda. 5 4 3 2 1 6. The board is effective concerning board practice, financial reporting, bylaws, policies, and procedures. 5 4 3 2 1 7. Board members are encouraged to participate in discussions and are supportive of different points of view. 5 4 3 2 1 8. The board chair tries to ensure that every board member has an opportunity to be heard. 5 4 3 2 1 B. Please rate how well SLCAC leadership works with the board: 1. SLCAC leadership reports at least quarterly on progress as it is being made toward achieving the specific goals and objectives of the strategic plan. 5 4 3 2 1 2. Organization leaders ensure that accomplishments and challenges are communicated to board members and community stakeholders. 5 4 3 2 1 3. 1 have a clear understanding of most matters of where the board's role ends and the administration's role begins. 5 4 3 2 1 4. There is good communication between the board and the executive director. 5 4 3 2 1 5. The board trusts the judgment of the executive director. 5 4 3 2 1 6. The board provides direction to the executive director and provides feedback on how well the organization is achieving its goals. 7. We receive board materials on time and our requests are responded to-and within a timely manner. 5 4 3 2 1 C. Please evaluate yourself as a board member: 1. I am aware of what is expected of me as a board member. 5 4 3 2 1 2. 1 am aware of and I serve on a board committee(s). 5 4 3 2 1 3. 1 clearly understand the vision and goals of SLCAC's strategic plan. 5 4 3 2 1 4. 1 promote the work of the SLCAC in the community whenever I have a chance to do so. 5 4 3 2 1 5. 1 stay informed about issues relevant to our mission and bring information to the attention of the board. 5 4 3 2 1 6. 1 find board meetings to be interesting and frequently fun. 5 4 3 2 1 7. 1 have attended (or volunteered) my requirement of attending at least one occurrence of each arts council program listed in my board agreement form. 5 4 3 2 1 D. Please ask a question, comment, or share any suggestions that you believe would make your work on the board and the organization more successful (optional):