Woodlands Waterway Arts Council Inc
- Assets
- $1.0m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 3
- Location
- The Woodlands, TX
- Founding
- 09/2005
- Data as of
- 07/2024
- EIN
- 20-2239984
Organization Overview
Woodlands Waterway Arts Council Inc, operating under the name The Woodlands Arts Council, is located in The Woodlands, TX. The organization was established in 2005. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 07/2024, Woodlands Arts Council employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodlands Arts Council 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 07/2024, Woodlands Arts Council generated $1.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $1.1m during the year ending 07/2024. While expenses have increased by 3.8% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND EDUCATE PEOPLE ABOUT THE PERFORMING AND VISUAL ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WOODLANDS ARTS COUNCIL(TWAC) PROUDLY EXPANDED EVENT PROGRAMMING IN OUR 2023-2024 FISCAL YEAR. IN OUR NEW OFFICE AND GALLERY SPACE, QUARTERLY FREE EXHIBITIONS BEGAN IN FALL, 2023. THEY FEATURED THE WORK OF FIBER ARTIST IVY JENSEN, FOLLOWED BY PAINTER ANNETTE PALMER, A CURATED SHOW OF LOCAL ARTISTS, AND FINALLY, THE PRIVATE COLLECTION OF A LONG-TIME COMMUNITY ART LOVER. THE ANNUAL WOODLANDS WATERWAY ARTS FESTIVAL (WWAF) WAS HELD IN APRIL ACROSS THREE DAYS AND WELCOMED OVER 19,000 PATRONS AND 200 INTERNATIONAL, NATIONAL, AND REGIONAL ARTISTS AND FINE CRAFTSMEN. THE WWAF ALSO HIGHLIGHTS ART FOR KIDS IN THE ARTOPOLY AREA IN PARTNERSHIP WITH THE WOODLANDS CHILDRENS MUSEUM, THE LITERARY ARTS AT BOOKS ON THE GREEN AREA IN PARTNERSHIP WITH VILLAGE BOOKS THE WOODLANDS, AND THREE PERFORMANCE STAGES THROUGHOUT THE VENUE FEATURING OVER 100 PERFORMERS. FINALLY, PLANNING BEGAN FOR THE FIRST-EVER YOUNG MAKERS MARKET AND TEXAS FINE CRAFT SHOW AS TWAC CONTINUES TO GROW YEAR-ROUND EVENT PROGRAMMING.
THE BECAUSE ART MATTERS COMMITTEE IS THE YEAR-ROUND EDUCATION OUTREACH COMPONENT OF TWAC. SINCE ITS INCEPTION, MORE THAN 45,000 AT-RISK STUDENTS ATTENDING TITLE 1 SCHOOLS HAVE BEEN IMPACTED, COLLABORATIVE MURAL PROJECTS HAVE BEEN PROVIDED TO NUMEROUS SOCIAL SERVICES ORGANIZATIONS, A SPOTLIGHT ON THE ART GALLERY HAS BEEN MANAGED, THERAPEUTIC DRUMMING SESSIONS HAVE BEEN PROVIDED AT ASSISTED LIVING FACILITIES, AND AN ART FEEL PROGRAM HAS BEEN CREATED. SINCE THE PANDEMIC, THE COMMITTEE HAS FOCUSED ON PROVIDING FUNDS DIRECTLY TO ARTS ORGANIZATIONS, EDUCATORS, AND ARTISTS THROUGH MICROGRANTS. FUNDED PROJECTS INCLUDE COLOR PRINTERS, CERAMICS SUPPLIES, SKETCH PADS, IPADS, AND MORE. TWAC FACILITATES A STUDENT ART SCHOLARSHIP PROGRAM FOR GRADUATING HIGH SCHOOL SENIORS EVERY WINTER. IN 2023-2024, A TOTAL OF $50,000 WAS AWARDED. IN THE PAST DECADE, $1.4 MILLION HAS BEEN DISTRIBUTED THROUGH BAM PROGRAMMING, WITH OVER $90,000 IN 2023-2024 ALONE.
PUBLIC ART PROGRAM: IN 2023, FOUR UNDERWRITERS PAID TO SUPPORT THE CREATION OF ART BENCH RACKS IN THE WOODLANDS. OUR EXPENSES INCLUDE RECRUITING AND SELECTING FOUR ARTISTS FOR EACH ART BENCH. THE FINALISTS WERE GIVEN A STIPEND OF $300 EACH, AND $10,000 WAS AWARDED TO FOUR ARTISTS TO BUILD THE BENCHES. THE WOODLANDS TOWNSHIP PAID FOR THE INSTALLATION; WE CONVEYED OWNERSHIP TO THEM. THESE BEAUTIFUL ART BENCHES ENHANCE OUR COMMUNITY AND ARE FOR ALL TO ENJOY!
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glen Rector President | OfficerTrustee | 20 | $0 |
Juan Abugaber Director | Trustee | 3 | $0 |
Haley Garcia Vice President | OfficerTrustee | 20 | $0 |
Nancy Charbonneau Secretary | OfficerTrustee | 20 | $0 |
Michael Goodwin Treasurer | OfficerTrustee | 20 | $0 |
Jayla Ash Davis Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $241,946 |
| Noncash contributions included in lines 1a–1f | $82,323 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $241,946 |
| Total Program Service Revenue | $874,432 |
| Investment income | $39,015 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,155,393 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $97,334 |
| 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 | $217,480 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,983 |
| Payroll taxes | $18,160 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,241 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $57,294 |
| Office expenses | $30,549 |
| Information technology | $13,054 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,699 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,888 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,263 |
| All other expenses | $45,885 |
| Total functional expenses | $1,056,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,354 |
| Savings and temporary cash investments | $952,572 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,300 |
| 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 | $15,300 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,223 |
| Total assets | $1,010,749 |
| Accounts payable and accrued expenses | $74,157 |
| 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 | $143,556 |
| Other liabilities | $52,642 |
| Total liabilities | $270,355 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $740,394 |
| Total liabilities and net assets/fund balances | $1,010,749 |
Grants Awarded
Over the last fiscal year, Woodlands Waterway Arts Council Inc has awarded $14,200 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WOODLANDS CHILDRENS MUSEUM | | | $6,500 |
CENTER FOR THE PERFORMING ART | | | $7,700 |