The URL can be used to link to this page

Home My WebLink About10/15/2025 - Meeting Materials P&L Profit & Loss Budget vs. Actual July through September 2025 Jul 25 Aug 25 Sep 25 Ordinary Income/Expense Income REVENUE CITY In-Kind SLC Dept DED Exp. 0.00 0.00 0.00 In-Kind SLC Dept Salaries&Ben 0.00 0.00 0.00 SLC Nondepartmental 0.00 0.00 1,025,000.00 Total CITY 0.00 0.00 1,025,000.00 CONTRIBUTIONS Corporate 10,000.00 5,000.00 0.00 Foundations 925,690.33 0.00 0.00 In-Kind 0.00 0.00 0.00 Individuals 0.00 0.00 500.00 Total CONTRIBUTIONS 935,690.33 5,000.00 500.00 EARNED INCOME Beverage Sales Alcohol 0.00 0.00 0.00 Total Beverage Sales 0.00 0.00 0.00 Commissions 7,713.75 0.00 5,720.00 Merchandise Sales 0.00 0.00 562.50 Other Fees 0.00 0.00 0.00 Rental Fees 0.00 800.00 210.00 Ticket Sales 0.00 0.00 30,000.00 Vendor Fees 0.00 0.00 0.00 Total EARNED INCOME 7,713.75 800.00 36,492.50 GOVERNMENT GRANTS County 17,942.00 17,942.00 17,942.00 Federal 0.00 30,000.00 0.00 State 0.00 0.00 0.00 Total GOVERNMENT GRANTS 17,942.00 47,942.00 17,942.00 OTHER REVENUE Interest 3,680.40 3,608.36 3,334.76 Miscellaneous Income 1,000.00 0.00 504.75 Total OTHER REVENUE 4,680.40 3,608.36 3,839.51 Total REVENUE 966,026.48 57,350.36 1,083,774.01 Total Income 966,026.48 57,350.36 1,083,774.01 Gross Profit 966,026.48 57,350.36 1,083,774.01 Expense Page 1 of 6 Jul 25 Aug 25 Sep 25 EXPENSES General&Adminstrative Bank Fees 36.17 47.34 50.91 Benefits 86.00 107.50 43.00 Conference Fees 0.00 0.00 0.00 Contracted Services 43,310.00 232,854.51 750.00 Credit Card Fees 104.75 173.07 42.95 Dues/Subscriptions/Publications 780.86 418.24 485.83 Employee Screenings 0.00 0.00 0.00 General Insurance 327.69 327.69 327.69 In-Kind SLC Dept DED Expenses 0.00 0.00 0.00 In-Kind SLC Dept Salaries&Ben 0.00 0.00 0.00 Parking/Mileage 20.00 17.25 20.00 Travel 0.00 10.00 0.00 Utilities 719.79 304.33 759.79 Total General&Adminstrative 45,385.26 234,259.93 2,480.17 Program Expenses Advertising&Publicity 1,242.41 1,748.58 1,086.14 Artist Commissions 0.00 5,565.00 0.00 Beverages Purchased Alcohol 0.00 0.00 0.00 Non Alcohol 0.00 0.00 0.00 Total Beverages Purchased 0.00 0.00 0.00 Equipment Rental 2,403.33 12,224.83 0.00 Food&Beverage -29.86 333.85 608.87 Grant Expense Artist in the Classroom 0.00 0.00 0.00 General Support 0.00 0.00 0.00 Project Support 0.00 0.00 0.00 Total Grant Expense 0.00 0.00 0.00 Graphics/Design Work 0.00 0.00 0.00 Honoraria&Artist Fees 5,325.00 214,675.00 1,000.00 In-Kind Goods&Services 0.00 0.00 0.00 Mailing 83.13 0.00 83.09 Merchandise 0.00 0.00 0.00 Miscellaneous Charge 0.00 0.00 0.00 Payroll Taxes Federal Unemployment Tax 3.77 3.26 5.03 FICA 408.16 389.99 323.83 Payroll Taxes-Other 0.00 0.00 0.00 Total Payroll Taxes 411.93 393.25 328.86 Permits&Licenses 0.00 0.00 2,146.59 Page 2 of 6 Jul 25 Aug 25 Sep 25 Postage 0.00 0.00 0.00 Printing 901.22 137.98 45.30 Salaries&Wages 5,335.38 5,097.88 4,233.01 Security 0.00 0.00 231.75 Supplies 6,589.76 345.88 292.36 Unemployment 0.00 78.08 0.00 Total Program Expenses 22,262.30 240,600.33 10,055.97 Total EXPENSES 67,647.56 474,860.26 12,536.14 Payroll Expenses 0.00 0.00 0.00 Total Expense 67,647.56 474,860.26 12,536.14 Net Ordinary Income 898,378.92 -417,509.90 1,071,237.87 Net Income 898,378.92 -417,509.90 1,071,237.87 Page 3 of 6 P&L 2:14 PM Profit & Loss Budget vs. Actual 10/03/2025 July through September 2025 Accrual Basis TOTAL Jul-Sep 25 Budget Ordinary Income/Expense Income REVENUE CITY In-Kind SLC Dept DED Exp. 0.00 53,805.00 In-Kind SLC Dept Salaries&Ben 0.00 1,306,787.01 SLC Nondepartmental 1,025,000.00 1,025,000.00 Total CITY 1,025,000.00 2,385,592.01 CONTRIBUTIONS Corporate 15,000.00 55,000.00 Foundations 925,690.33 955,690.00 In-Kind 0.00 165,000.00 Individuals 500.00 6,300.00 Total CONTRIBUTIONS 941,190.33 1,181,990.00 EARNED INCOME Beverage Sales Alcohol 0.00 29,000.00 Total Beverage Sales 0.00 29,000.00 Commissions 13,433.75 5,500.00 Merchandise Sales 562.50 Other Fees 0.00 8,600.00 Rental Fees 1,010.00 3,500.00 Ticket Sales 30,000.00 30,000.00 Vendor Fees 0.00 14,000.00 Total EARNED INCOME 45,006.25 90,600.00 GOVERNMENT GRANTS County 53,826.00 200,000.00 Federal 30,000.00 30,000.00 State 0.00 46,500.00 Total GOVERNMENT GRANTS 83,826.00 276,500.00 OTHER REVENUE Interest 10,623.52 30,000.00 Miscellaneous Income 1,504.75 Total OTHER REVENUE 12,128.27 30,000.00 Total REVENUE 2,107,150.85 3,964,682.01 Total Income 2,107,150.85 3,964,682.01 Gross Profit 2,107,150.85 3,964,682.01 Expense Page 4 of 6 TOTAL Jul-Sep 25 Budget EXPENSES General&Adminstrative Bank Fees 134.42 700.00 Benefits 236.50 1,795.00 Conference Fees 0.00 500.00 Contracted Services 276,914.51 1,252,781.00 Credit Card Fees 320.77 1,600.00 Dues/Subscriptions/Publications 1,684.93 13,800.00 Employee Screenings 0.00 500.00 General Insurance 983.07 9,700.00 In-Kind SLC Dept DED Expenses 0.00 53,805.00 In-Kind SLC Dept Salaries&Ben 0.00 1,306,787.01 Parking/Mileage 57.25 1,800.00 Travel 10.00 5,881.00 Utilities 1,783.91 10,000.00 Total General&Adminstrative 282,125.36 2,659,649.01 Program Expenses Advertising&Publicity 4,077.13 62,583.00 Artist Commissions 5,565.00 3,850.00 Beverages Purchased Alcohol 0.00 8,000.00 Non Alcohol 0.00 5,500.00 Total Beverages Purchased 0.00 13,500.00 Equipment Rental 14,628.16 171,750.00 Food&Beverage 912.86 8,250.00 Grant Expense Artist in the Classroom 0.00 21,000.00 General Support 0.00 333,000.00 Project Support 0.00 146,000.00 Total Grant Expense 0.00 500,000.00 Graphics/Design Work 0.00 9,400.00 Honoraria&Artist Fees 221,000.00 119,850.00 In-Kind Goods&Services 0.00 165,000.00 Mailing 166.22 700.00 Merchandise 0.00 3,500.00 Miscellaneous Charge 0.00 8,711.00 Payroll Taxes Federal Unemployment Tax 12.06 FICA 1,121.98 Payroll Taxes-Other 0.00 11,260.00 Total Payroll Taxes 1,134.04 11,260.00 Permits&Licenses 2,146.59 37,030.00 Page 5 of 6 TOTAL Jul-Sep 25 Budget Postage 0.00 2,400.00 Printing 1,084.50 22,900.00 Salaries&Wages 14,666.27 143,665.00 Security 231.75 56,250.00 Supplies 7,228.00 20,752.00 Unemployment 78.08 5,000.00 Total Program Expenses 272,918.60 1,366,351.00 Total EXPENSES 555,043.96 4,026,000.01 Payroll Expenses 0.00 Total Expense 555,043.96 4,026,000.01 Net Ordinary Income 1,552,106.89 -61,318.00 Net Income 1,552,106.89 -61,318.00 Page 6 of 6 salt lake art museum lime- Salt Lake Art Museum CHRIS JENSEN , EXECUTIVE DIRECTOR s A Sanctuary r � -i for Utah 74 Art 1 sts i i IL I; A Legacy -� f - I PISw.r + r i The till Labe M1 Museum is hauLed ili the hlsWnk E'n+L 1-1'I'mil". NWk In 1991--Ihroe it"s hefare Lhe comN wcm of the Srh iaLx.'Ccmnlc ;hli beauLdul strwaure Gas stead u a 6caenn of fall,xsl6n6--c.and Lwunurmti fur atxc i 4 ..rflurV.Rr.LAilrkd-OWi windnlLS ulwTLndLcd$uiemllmi��LMH —nneeWm,Its grirxl ardws h wee-chnedxllhpr.L".And Ilagalis haft Ikdm wnh-s W hlstaru. Now.In U nexLchipler,t wllscnv ei a s�nul.Qrr farranlrulun and dlalugue—r pbx mere L'taE ut,cufturr-and Lhe 6,ran sp H arc lwaaacd rid Lrlcbnlel A tmB®Iirod SBnctuwy Rm The First 4 r Only L 1tc Sall L zU.tin muie m slll k�L-Uuht only muccum mumly.It 1"u-d to L I-ah ArtuLs and ma I-ln•i:ilY-s ArcL f.-w Art JMkDMM In aver AIJ WQrL l:nncldcr Ihlst 'L r�• ULdb6a .Rhu fe%u-L mubuums of MW SL:Le tNeiopl.Wimt VIPSInlfdt-41Lc havLgg Lk* 4 R hi&hrtsLnumhur of uwN par uplu.'Ihc Musoumnepreserar.a b-mdirkBmLmur.L40 tlevrto and m+pAy rrtmz,"r uvd:,SLMMC-MAI LllFllL 111'e&the pAi1 5U nnk•r h&ndfuk of Iho sAilo's mncl.cgnMea i.&MILN 6vc-hrml de&mizA&Lbkb llnrrs In CLLK anLL"-en fever hAro hucn Lhc"k� !.id huaksAS--slk Lam Arl.I&M M � sbdu Ld duknp L6s hlcbw&L vfim mral ehuflie"nF .iiiil .:.iim you Le Despite herring the highest number cd artistfi per capita, Utah is home to the r:ecorrd ' fewestmufieume Dt any state. r � * 4 a The Visionary hind TIC Museum D.~Chi gwbmn a erJ1-3wt oAp;)x a+domak ele x*oiab}LY Umhk eneds.ei+c crq k3 bW■id I=$a:Loko Pri FXaearrr and wd r a d—ol ir.rdm=K bm d. Yinuar,aral wmrb=LmLy—AW-areLff=I M dowmOm uYWLaw bg*xw�irL` Um W tK�awwwL -Wlbu.b-Yr=me el w hd wKd■GI Yrr dhd d wM k nelY wMi Y�w$ eM n*ed lk&N%f d*Rnd 0XwU; [' RExL-.Ir31s Y rk=or*nl7u Fluor rf d*mi Fn1krAm iy Larivrarrl Y n■Arr% fir Fun `vftrlb,Imndvr.mt w I wlk,rl Wuypb hr lba�Y�Ar�u dr��Fr drWd��xvkagwdr�r ti P-LftMAi L�tlRlmk Our founder y IFay.Fruay ird7fLkr■d K�frr Frr4r yYra 5irsrr�■�U R�rtrul e.°�F � %&a mi Aa,Yrai Fl,=,mA FQ ri ibw�ainf-0I�Frm Adob GgyA %di lam' F ad udv d v iM"IMONM- b. FV R�L ti Ftsrn i��'�fQ1r.Prior�i d�IYYr.�7�Iu�Y Is*� ur whm.bm 8i vu}•tw*&M"mw h¢ M. ."AV%ham Cdr�to ""x-1 *rc.%,a--Wom" dae?aldrr pwm&T dvd-Orv- Ye Fyc.9oaf bm" .'I rzaft.PQ�n tli mcaW■I ti f*RcbiNti r.ml U&W i W Ju M WMB&.ir"rati'L&w PMA i r,W W k"Kbw br lir 0 1 Tu NkM%r■ri.ni ff Y IIYr Y IWQ•cffuWI—Cw■ih '�'W,'Y D R . M I C A H C H R I S T E N S E N f5*CalW!In Umb ara"'I■r rW c d.Y � rM m b&aX" r rW *pM&!VW nd —"alum 1%9 xt7r 0Wv fhm r 4Lm l'hno Jv-s-arL Lcocilnr CFro r11rr i • i MArJr J J4t.r-.FLrkw-,PnoarvWui YrS.I iN�—•ice re S:maar mr B�ru • � . ;• •.c rM e�e+en�+J M mpa a r�a�e x e�bodQer rrr7�EpRrrT l errd layr amJw Vwa!rnuwfln Nm Fv pdY s ka;hr hi pAyarl rrry ruk nYa mh.Pf YrTi la rriN M .a'oracrl♦:L�oL F:dilor Om tra=Azbdad ralarbm it rLn a-piA+rralnrrrJ.IaaM ' :firW-d:a zhbw W—fr.udqp—bxd�f EtAM N riorr-rI wLi oar noun.Ad*Lk do+dNorkr tr w=W ju Ll Hm m t*ccmrvrtr.I knte laitiu ftI me.-�tie k:ras/y jjm�N rraa 1OLYtrM —Yd wi=rft-aa lo-:L.sc. g4wnL4 Hort&Wkgth g 0*141 f Allis ammD vfW Liku&wan Ar'Endrri LP,drw hf prmrrd unoraauai t ff ruiqLr laAKA t ¢mrcd~ydrrad Ian■W IW*r4r Ihr!ld Lary Ad Wjm anrda.=3.rrioakrarh rr•d • if!'rtFYlf]•f rfoewn bWWV-Lkmht P aVelzur 4 Ap!lom-p6Fvd"mllk ha b6 iakn nvrrr>a hr r Dimhwt Emff a and I hr TdW a droop ikwrk aar•ra xw kmr rs in cmmn roar Ariz Plaalr3pgg AmaL rdFaa ask=r ar r Jamwi fn hN n Fri Ha yor. 1'7 Ahd Cdoe 4 Mm4r a Garda .uuCb hEidn r kYmciffrd FM AdLhvn I-o 3*f�hr"-a A hLmiJu dr LArAwd!'End a 'Admho ol!sbmia+mojzn Ekck r hm Hu LSrrrl�,-.71 VAn nrrYar.goy}==rrr. ld laairrd rd LJb'd d0ug ht r1-d*d9Yr hn Yd ha Lki lad Ki4pmik wlR■fmm 05 rri sn riwwk¢ryR ad djmbw�arat=uzgarrpM Yd mamm+im rW Yndrr hr mdba nl d y"m lord m ftAh an rlai sL mhmAk:z,eft n r+4a+•rtaAxl�rre µa'apmdw Lehr wvknrl awn 3tr vaa8r.dri•�dip k:d artrhL�oW urnm.f•rw=iym wiL rd Theteam wAmcnirg tr Ow I m�parr of YI ap:a I-d d oh ho!a«i aid bdtlh Key �� Museum Team Members With its artist-centered exhibits,dWerse events_and dynamic atmosphere,the Salt Lake Art Muselrn will offer more than just a place to view art—it veil become a place to gadw-learn,and share experiences. The miring of inspiration and,intellectual with the social elements wil make the ffugeum a Nos of community engagement and cultural exchange. The Museum will feature: f Rewtrcspecthms of established ling and historic artists,including James Christensen,Galina Perava, Randall Lake, Irene and CaMn Fletcher,Jarnes Taylor Harwood,Mabel Frazer_Cyrus Dallin,and mare i Art annual Great Salt Lake plain air competition,focusing on conservation and history Future t A dedicated gallery showcasing important works In local,private coikections,including Kern and Carolyn Gardner, David Huntsman,Dan Jorgensen-and Naorna Tate 1 An an Huai portrait painting and photography competition events f A permanent collection gallery fead.ring important Utah works ! A sculpture gallery,with rotating shows on individual artists ! The Uri h M;3 stem Series,whefe established artists discuss their philosophy and work ! Curated art tours and cxdusiaoe studin1isiits ! Artist visits and dernonstrations ! Educational outreach prograrrrs for schools ! Yoga al the Museum ! Social gatherings and special events ! Museum bookstore and strop f ' v Zzar— 4L- i aw earn,�erar r��.,¢dricuw,u,v r rx„•�•••••••�•�••++�, sal# la�e;t�rt Imuscum