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Passes our checks

Sculpturewalk Inc

EIN 20-8535871 · Sioux Falls, SD

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceFair69 out of 100Impact evidenceDescribes programsHow well its results are evidenced

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 35

    Spendable reserves would cover 16.6 months of spending.

  • Debt

    20 of 20

    It owes 1% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 17% of income.

  • Income trend

    15 of 15

    Income rose 19% on the year before.

  • Spending floor

    15 of 15

    67% 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 25

    12 of 12 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    0 of 5

    Reports that it does not keep minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports 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)
  1. $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.
  2. $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

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  6. 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.