National Western Art Foundation
- Assets
- $33.1m
- Revenue
- $5.0m
- Investments
- $1.2m
- Employees
- 41
- Location
- San Antonio, TX
- Founding
- 02/2004
- Data as of
- 09/2023
- EIN
- 30-0211961
Organization Overview
National Western Art Foundation, operating under the name Briscoe Western Art Museum, is located in San Antonio, TX. The organization was established in 2004. 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 09/2023, Briscoe Western Art Museum employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Briscoe Western Art Museum 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 09/2023, Briscoe Western Art Museum generated $5.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $5.2m during the year ending 09/2023. While expenses have increased by 0.5% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BRISCOE WESTERN ART MUSEUM IS A WELCOMING INSTITUTION DEDICATED TO CELEBRATING THE ART, HISTORY AND CULTURE OF THE AMERICAN WEST. ITS GALLERY OF PAINTINGS, SCULPTURES, PHOTOGRAPHS AND METICULOUSLY CRAFTED ARTIFACTS ARE OPEN TO THE PUBLIC AND INSPIRE THE COMMUNITY TO LEARN MORE ABOUT THE RICH AND DIVERSE EXPERIENCES EMBEDDED IN THE FABRIC OF THE WEST.BEYOND THE MUSEUM WALLS, THE BRISCOE EXTENDS ITS REACH BY PRESENTING INTERACTIVE EDUCATIONAL PROGRAMS, PROVIDING FREE ADMISSION, TOURS AND ACTIVITIES TO ALL K-12 SCHOOLS IN THE REGION. THE IMPACT OF THE BRISCOE GOES BEYOND SHOWCASING ART; THE PROGRAMMING AND EXHIBITIONS OFFER CULTURAL EXPERIENCES THAT IGNITE CURIOSITY, INSPIRE CREATIVITY AND CULTIVATE A DEEP-SEATED LOVE FOR LEARNING. THROUGH ITS EDUCATIONAL INITIATIVES, BRISCOE WESTERN ART MUSEUM ACTS AS A CATALYST FOR POSITIVE CHANGE, EMPOWERING THE YOUTH TO DREAM BIG, THINK CREATIVELY AND EMBRACE THE BEAUTY OF DIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION AND INTERPRETATION OF ART, HISTORY, AND CULTURE OF THE AMERICAN WEST THROUGH ENGAGING EXHIBITIONS, EDUCATIONAL PROGRAMS, AND PUBLIC EVENTS REFLECTIVE OF THE REGION'S RICH TRADITIONS AND SHARED HERITAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Duchemin Past-President | 40 | $188,644 | |
Elizabeth Jackson President & CEO | Officer | 40 | $140,012 |
John T Montford Chairman | OfficerTrustee | 1 | $0 |
Barry Hendler Vice Chairman | OfficerTrustee | 1 | $0 |
Jane Macon Treasurer | OfficerTrustee | 1 | $0 |
Jessica Elliott Middleton Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $221,215 |
| Fundraising events | $73 |
| Related organizations | $0 |
| Government grants | $600,120 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,591,288 |
| Noncash contributions included in lines 1a–1f | $1,797,383 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,412,696 |
| Total Program Service Revenue | $335,336 |
| Investment income | $192,380 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,160,020 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $797,208 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $90,612 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,988,252 |
| 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. | $364,061 |
| Compensation of current officers, directors, key employees. | $105,578 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,515,831 |
| Pension plan accruals and contributions | $36,849 |
| Other employee benefits | $207,443 |
| Payroll taxes | $150,603 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,783 |
| Fees for services: Accounting | $37,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $144,588 |
| Advertising and promotion | $303,268 |
| Office expenses | $33,850 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $646,996 |
| Travel | $69,048 |
| 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 | $895,688 |
| Insurance | $113,757 |
| All other expenses | $145,756 |
| Total functional expenses | $5,164,052 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,685,538 |
| Savings and temporary cash investments | $685,990 |
| Pledges and grants receivable | $790,000 |
| Accounts receivable, net | $304,158 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $95,561 |
| Prepaid expenses and deferred charges | $35,559 |
| Net Land, buildings, and equipment | $19,112,983 |
| Investments—publicly traded securities | $8,136,999 |
| Investments—other securities | $1,204,845 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,397 |
| Total assets | $33,084,030 |
| Accounts payable and accrued expenses | $278,300 |
| Grants payable | $0 |
| Deferred revenue | $830,940 |
| 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 | $1,236,604 |
| Total liabilities | $2,345,844 |
| Net assets without donor restrictions | $21,033,991 |
| Net assets with donor restrictions | $9,704,195 |
| 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 | $33,084,030 |