Sculpturewalk Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ORGANIZATION'S MISSION IS TO BRING ART TO THE PEOPLE, AND ITS GUIDING PRINCIPLE IS TO BE THE HIGHEST QUALITY, MOST PROFESSIONAL, FINANCIALLY STRONG, ARTIST-FRIENDLY, YEAR-ROUND OUTDOOR SCULPTURE PROGRAM IN THE USA.
- Income
- $569,811
- Spending
- $473,636
- Spent on programs
- 67%
- Reserves
- 16.6 months of spending
- Largest source of income
- donations and private grants, 57%
- Employees
- 0
- Volunteers
- 20
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 88% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 16.6 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 17% of income.
Income trend
15 of 15Income rose 19% on the year before.
Spending floor
15 of 1567% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 69 out of 100. Higher than 45% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $285,277 spent. SCULPTUREWALK IS THE LARGEST ANNUAL EXHIBIT OF PUBLIC SCULPTURES IN THE WORLD. SCULPTURES ARE TYPICALLY INSTALLED IN MAY OF EACH YEAR AND ARE REMOVED IN APRIL OF THE FOLLOWING YEAR TO MAKE ROOM FOR NEW INCOMING SCULPTURES. MOST SCULPTURES ARE AVAILABLE FOR LONG-TERM LEASE OR PURCHASE. SATELLITE PROGRAMS ARE (1) AVERA MCKENNAN HOSPITAL & UNIVERSITY HEALTH CENTER'S TEN INDOOR SCULPTURES, (2) UNIVERSITY OF SIOUX FALLS ELEVEN ON-CAMPUS SCULPTURES, (3) UNIVERSITY OF SOUTH DAKOTA SEVEN SCUPLTURES, (4) CITY OF VERMILLION, SD FIVE SCULPTURES, (5) CITY OF WATERTOWN, SD SEVENTEEN SCULPTURES, AND (6) VARIOUS OTHER LEASE LOCATIONS THROUGHOUT SIOUX FALLS, SD. OUR SCULPTURES COMPETE FOR TEH ANNUAL PEOPLE'S CHOICE AWARD WITH THE WINNING SCULPTURE BEING PURCHASED BY THE CITY OF SIOUX FALLS. APPROSIMATELY 300,000 PEOPLE EXPERIENCE SCULPTUREWALK ANNUALLY.
- $32,574 spent. ARC OF DREAMS IS A MONUMENTAL STAINLESS STEEL SCULPTURE THAT SPANS ACROSS THE BIG SIOUX RIVER IN THE HEART OF DOWNTOWN SIOUX FALLS, SD. THE SCULPTURE IS NEARLY A FOOTBALL FIELD'S LENGTH WITH A 15-FOOT OPEN GAP IN TEH MIDDLE HOVERING 85 FEET ABOVE THE RIVER. THE ARC OF DREAMS REPRESENTS THE LEAP OF FAITH DREAMERS TAKE TO SEE THEIR DREAMS COME TRUE. THE SCULPTURE WAS INSTALLED IN JULY 2019 AND WAS MADE POSSIBLE BY THE GENEROSITY OF OVER 700 DONORS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2007.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.