Old Jail Art Center
- Assets
- $25.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 16
- Location
- Albany, TX
- Founding
- 10/1980
- Data as of
- 12/2021
- EIN
- 13-2952646
Organization Overview
Old Jail Art Center is located in Albany, TX. The organization was established in 1980. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Old Jail Art Center employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Jail Art Center 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 12/2021, Old Jail Art Center generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $745.1k during the year ending 12/2021. While expenses have increased by 0.6% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MUSEUM
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OJAC SERVES AS A FINE ART MUSEUM THAT PROVIDES EXHIBITION AND RELATED EDUCATION PROGRAMMING TO VISITORS THROUGHOUT A LARGE REGION OF WEST-CENTRAL TEXAS AS WELL AS THE STATE AND COUNTRY BEYOND. IN 2021 THE OJAC HAD APPROXIMATELY 2,700 PHYSICAL VISITORS. EDUCATION PROGRAMS SERVED OVER 3,500 K-12 STUDENTS VIRTUALLY. IN ADDITION, MORE THAN 1,800 ADULT, TEACHER AND FAMILY AUDIENCES WERE SERVED THROUGH VIRTUAL, AT-HOME, OR TAKE OUT PROGRAMS.
THE OJAC IS OPEN TO THE GENERAL PUBLIC TUESDAY THROUGH SATURDAY 11 TO 5 PM TO VIEW EXHIBITIONS AND PARTICIPATE IN FREE PROGRAMS.
THE OJAC OFFERS SCHOLARSHIPS TO HIGH SCHOOL GRADUATES PURSUING A COLLEGE DEGREE IN ART RELATED FIELDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Waller Chair And Trustee | OfficerTrustee | 2 | $0 |
Dan A Neff Treasurer And Trustee | OfficerTrustee | 1 | $0 |
Doris Miller Advisor And Trustee | OfficerTrustee | 1 | $0 |
Glenn A Picquet 1st Vice President And Trustee | OfficerTrustee | 2 | $0 |
Betsy Senter Secretary And Trustee | OfficerTrustee | 2 | $0 |
John E Dudley Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $40,568 |
| Fundraising events | $1,133 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $393,172 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $434,873 |
| Total Program Service Revenue | $0 |
| Investment income | $449,682 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $368 |
| Net Rental Income | $8,382 |
| Net Gain/Loss on Asset Sales | $703,657 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,523 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,602,405 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $308,960 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $42,920 |
| Payroll taxes | $25,195 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $81,317 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,219 |
| Office expenses | $32,619 |
| Information technology | $6,045 |
| Royalties | $0 |
| Occupancy | $50,519 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,118 |
| Insurance | $26,847 |
| All other expenses | $2,284 |
| Total functional expenses | $745,123 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,248,193 |
| Savings and temporary cash investments | $284,021 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,856,624 |
| Investments—publicly traded securities | $17,421,203 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,016,869 |
| Total assets | $25,826,910 |
| Accounts payable and accrued expenses | $66,925 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $66,925 |
| Net assets without donor restrictions | $8,338,782 |
| Net assets with donor restrictions | $17,421,203 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $25,826,910 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Old Jail Art Center has recieved totaling $331,055.
| Awarding Organization | Amount |
|---|---|
T J Brown & C A Lupton Foundation Inc Fort Worth, TX PURPOSE: CHARITABLE | $75,000 |
Leland Fikes Foundation Inc Dallas, TX PURPOSE: GENERAL OPERATING | $65,000 |
Leland Fikes Foundation Inc Dallas, TX PURPOSE: GENERAL OPERATING | $65,000 |
Still Water Foundation Ii Austin, TX PURPOSE: CHARITABLE - FOR GENERAL OPERATING SUPPORT. | $60,000 |
T J Brown & C A Lupton Foundation Inc Fort Worth, TX PURPOSE: CHARITABLE | $25,000 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $20,000 |
Endowment Analysis
| Beg. Balance | $15,915,080 |
| Earnings | $1,931,127 |
| Other Expense | $425,004 |
| Ending Balance | $17,421,203 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crystal Bridges Museum Of American Art Inc Bentonville, AR | $1,732,386,844 | $177,931,616 |
Dallas Museum Of Art Dallas, TX | $327,815,938 | $26,890,508 |
Menil Foundation Inc Houston, TX | $910,076,505 | $43,342,663 |
Amon Carter Museum Of Western Art Fort Worth, TX | $91,879,509 | $15,302,046 |
New Orleans Museum Of Art New Orleans, LA | $108,237,578 | $12,278,324 |
San Antonio Museum Of Art San Antonio, TX | $94,200,252 | $14,610,399 |
Nasher Sculpture Center Dallas, TX | $5,120,886 | $11,192,016 |
Mcnay Art Museum San Antonio, TX | $88,824,083 | $12,922,550 |
Philbrook Museum Of Art Inc Tulsa, OK | $69,878,004 | $10,854,241 |
Georgia Okeeffe Museum Santa Fe, NM | $164,315,725 | $8,795,076 |
Nasher Foundation 101796 Forney, TX | $126,332,669 | $7,023,937 |
Contemporary Austin Museum Inc Austin, TX | $24,172,925 | $7,689,663 |