Wichita Falls Art Association
- Assets
- $51.5k
- Revenue
- $75.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Wichita Falls, TX
- Founding
- 09/2007
- Data as of
- 12/2022
- EIN
- 30-0395803
Organization Overview
Wichita Falls Art Association is located in Wichita Falls, TX. The organization was established in 2007. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Wichita Falls Art Association 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 12/2022, Wichita Falls Art Association generated $75.8k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $88.9k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROMOTE LOCAL ARTISTS, TO EXPAND CULTURAL HORIZONS, BROADEN EDUCATION AND ENRICH THE COMMUNITY THROUGH APPRECIATION AND PARTICIPATION IN THE VISUAL ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING THE ARTS THROUGH THE ANNUAL ART BATTLE. THE WICHITA FALLS ART ASSOCIATION HELD THREE ART BATTLE EVENTS IN 2022. FIRST, WAS THE NATIONAL CHAMPIONSHIP ART BATTLE HELD APRIL 1 AT THE MPEC. FOR THIS EVENT THERE WERE 13 COMPETITORS, TWO PRE-SHOW ARTISTS, 45 VOLUNTEERS AND ARTISTS GUESTS, WITH 580 ADDITIONAL ATTENDEES.THE SECOND EVENT WAS A LOCAL BATTLE HELD AUGUST 20 AT BIG BLUE. FOR THIS EVENT THERE WERE 11 COMPETITORS, TWO PRE-SHOW ARTISTS, 33 VOLUNTEERS AND ARTISTS GUESTS, WITH 244 ADDITIONAL ATTENDEES.THE THIRD EVENT WAS A LOCAL BATTLE HELD NOVEMBER 12 AT BIG BLUE. FOR THIS EVENT THERE WERE 12 COMPETITORS, TWO PRE-SHOW ARTISTS, 35 VOLUNTEERS AND ARTISTS GUESTS, WITH 233 ADDITIONAL ATTENDEES.
THE WICHITA FALLS ART ASSOCIATION GALLERY PROVIDES A MEDIUM IN WHICH THE PUBLIC CAN VIEW VISUAL ART FORMS BY LOCAL ARTISTS, INCLUDING FINE ART IN ALL MEDIUMS AS WELL AS ARTISAN CRAFTED CERAMICS, STAINED GLASS, MOSAICS, JEWELRY, WEARABLE ART, AND MORE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Searcy President | OfficerTrustee | 17 | $0 |
Julie Scales Director | Trustee | 2 | $0 |
Alex Pappas Treasurer | OfficerTrustee | 2 | $0 |
Robert Barrow Vice President | OfficerTrustee | 12 | $0 |
Cindy Thomas Director | Trustee | 6 | $0 |
Danny Juarez Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,730 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,143 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,873 |
| Total Program Service Revenue | $49,853 |
| Investment income | $42 |
| 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 | $75,768 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,500 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,335 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,086 |
| Office expenses | $2,274 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,743 |
| Travel | $11,356 |
| 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 | $0 |
| Insurance | $824 |
| All other expenses | $15,738 |
| Total functional expenses | $88,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,465 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $51,465 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $51,465 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $51,465 |