Karl O & Helen W Knaths Tr 5730055070
- Assets
- $2.3m
- Revenue
- $455.2k
- Investments
- $2.2m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 11/2001
- Data as of
- 08/2022
- EIN
- 04-6937814
Organization Overview
Karl O & Helen W Knaths Tr 5730055070 is located in Dallas, TX. The organization was established in 2001. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karl O & Helen W Knaths Tr 5730055070 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, Karl O & Helen W Knaths Tr 5730055070 generated $455.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 58.4% each year . All expenses for the organization totaled $173.3k during the year ending 08/2022. While expenses have increased by 6.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Karl O & Helen W Knaths Tr 5730055070 has awarded 14 individual grants totaling $752,848. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $48,400 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $406,782 |
| Capital Gain Net Income | $406,782 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $455,182 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $32,494 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,547 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,369 |
| Total operating and administrative expenses | $37,660 |
| Contributions, gifts, grants paid | $135,624 |
| Total expenses and disbursements | $173,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $96,095 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,343,833 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Karl O & Helen W Knaths Tr 5730055070 has awarded $135,624 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: UNRESTRICTED GENERAL | $67,812 |
Washington, DC PURPOSE: UNRESTRICTED GENERAL | $67,812 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Invitational Smoke Houston, TX | $5,761,542 | $2,810,220 |
Allied Arts Of Oklahoma Inc Oklahoma City, OK | $9,236,321 | $5,698,295 |
Cullen Trust For The Performing Arts Houston, TX | $84,734,407 | $8,559,059 |
Civic Center Foundation Oklahoma City, OK | $10,342,313 | $5,787,753 |
Tobin Endowment Tr San Antonio, TX | $66,872,342 | $3,974,678 |
Freedom Shield Foundation Lewisville, TX | $366,050 | $2,668,324 |
R W Norton Art Foundation Shreveport, LA | $90,584,723 | $3,020,184 |
Knowledge Arts Foundation Houston, TX | $5,977,787 | $3,546,412 |
J M Parker Foundation Abilene, TX | $41,978,298 | $664,865 |
Russell H Rogers Fund For The Arts Bank Of America N A 05-500-3132032 San Antonio, TX | $24,621,680 | $3,797,950 |
Inprint Inc Houston, TX | $7,553,324 | $1,398,082 |
Art And Eva Camunez Tucker Foundation San Angelo, TX | $10,543,164 | $1,213,438 |