Wichita Falls Alliance For Arts & Culture
- Assets
- $89.7k
- Revenue
- $497.8k
- Investments
- $0.0
- Employees
- 6
- Location
- Wichita Falls, TX
- Founding
- 11/2015
- Data as of
- 12/2021
- EIN
- 47-3926205
Organization Overview
Wichita Falls Alliance For Arts & Culture is located in Wichita Falls, TX. The organization was established in 2015. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Wichita Falls Alliance For Arts & Culture employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wichita Falls Alliance For Arts & Culture 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, Wichita Falls Alliance For Arts & Culture generated $497.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $452.6k during the year ending 12/2021. While expenses have increased by 4.8% 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 2019, Wichita Falls Alliance For Arts & Culture has awarded 21 individual grants totaling $114,500. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LEADERSHIP TO SUPPORT, PROMOTE AND CULTIVATE THE ARTS IN WICHITA FALLS AND THE SURROUNDING AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSPIRE PARTICIPATION, SUPPORT, APPRECIATION AND LEADERSHIP OF QUALITY ARTS AND ARTS PROGRAMS; MAKE THE ARTS MORE ACCESSIBLE FOR ALL PERSONS IN THE REGION, FROM CHILDREN AND ADULTS TO ART PROFESSIONALS; BUILD BRIDGES TO CONNECT NEIGHBORHOODS, ORGANIZATIONS, BUSINESSES AND EDUCATIONAL AND GOVERNMENTAL ENTITIES TO PROMOTE AND CELEBRATE ARTISTIC AND CULTURAL DIVERSITY THROUGH SHARED EXPERIENCES; NURTURE THE ARTS THROUGH ONGOING EDUCATION AND CREATIVE DEVELOPMENT; PROMOTE THE ARTS THROUGH ADVOCACY, PUBLICITY, FUNDING AND POLICY DEVELOPMENT FOR AREA ARTS AND CULTURAL ORGANIZATIONS; AND STRENGHTEN SKILLS AND INFRASTRUCTURE FOR ARTS ORGANIZATIONS AND ARTISTS TO SUPPORT HIGH QUALITY ARTISTIC AND CULTURAL EXPERIENCES.
WFAAC'S GRANTS PROGRAM MANAGES A COMPETITIVE GRANTS PROGRAM, AWARDING 13 GRANTS TOTALING $51,400.00 THROUGH A PANEL REVIEW PROCESS WHICH AWARDS ON KEY ELEMENTS SUCH AS ARTISTIC/CULTURAL DEVELOPMENT, AUDIENCE DEVELOPMENT AND COMMUNITY OUTREACH, CULTURAL TOURISM IMPACT AND THE ADMINISTRATIVE AND MANAGEMENT ABILITY OF THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margie Reese Executive Director | Officer | 40 | $74,440 |
Paul Clark Treasurer | OfficerTrustee | 2 | $0 |
Marcela Trice President | OfficerTrustee | 2 | $0 |
Cheri Armstrong Vice President | OfficerTrustee | 1 | $0 |
Anndrea Harris Secretary | OfficerTrustee | 1 | $0 |
Mary Ferguson Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $119,960 |
| All other contributions, gifts, grants, and similar amounts not included above | $366,113 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $486,073 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $497,791 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $51,400 |
| 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. | $74,441 |
| Compensation of current officers, directors, key employees. | $7,444 |
| Compensation to disqualified persons | $101,580 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $8,628 |
| Other employee benefits | $0 |
| Payroll taxes | $13,466 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,586 |
| 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 | $3,684 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $452,616 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,926 |
| 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 | $4,791 |
| Net Land, buildings, and equipment | $23,948 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $89,665 |
| Accounts payable and accrued expenses | $1,366 |
| 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 | $1,366 |
| Net assets without donor restrictions | $88,299 |
| 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 | $89,665 |
Grants Awarded
Over the last fiscal year, Wichita Falls Alliance For Arts & Culture has awarded $45,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Wichita Falls, TX PURPOSE: Arts & Culture | $6,000 |
Wichita Falls, TX PURPOSE: Arts & Culture | $4,500 |
Wichita Falls, TX PURPOSE: Arts & Culture | $4,500 |
Wichita Falls, TX PURPOSE: Arts & Culture | $4,000 |
Wichita Falls, TX PURPOSE: Arts & Culture | $4,000 |
Wichita Falls, TX PURPOSE: Arts & Culture | $4,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Wichita Falls Alliance For Arts & Culture has recieved totaling $319,266.
| Awarding Organization | Amount |
|---|---|
Priddy Foundation Wichita Falls, TX PURPOSE: OPERATING & PROGRAM SUPPORT 2021 | $225,000 |
Priddy Foundation Wichita Falls, TX PURPOSE: TECHNOLOGY COMMUNITY IMPACT PROGRAM 2020-2023 | $59,929 |
Wichita Falls Area Community Foundation Wichita Falls, TX PURPOSE: Arts/Culture | $17,300 |
J S Bridwell Foundation Wichita Falls, TX PURPOSE: OPERATING BUDGET | $10,000 |
Harold & Irene Strauss Foundation Wichita Falls, TX PURPOSE: SUMMER CAMPS | $7,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $37 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kimbell Art Foundation Fort Worth, TX | $668,076,057 | $22,208,896 |
Fort Worth Art Association Fort Worth, TX | $70,573,501 | $16,694,058 |
Health Education Learning Project H E L P Fort Worth, TX | $21,809,617 | $21,715,181 |
Texas Advocacy Project Inc Austin, TX | $1,606,192 | $3,119,683 |
Efforts Of Grace Inc New Orleans, LA | $9,750,115 | $6,712,838 |
South Texas Institute For The Arts Corpus Christi, TX | $11,651,943 | $2,742,109 |
Society For Neuro-Oncology Houston, TX | $6,909,260 | $3,914,434 |
Gdiacc Foundation Inc Dallas, TX | $106,516 | $2,129,759 |
Love Station Inc Ponca City, OK | $4,976,987 | $2,048,106 |
Sea Turtle Inc South Padre Island, TX | $11,651,431 | $4,419,765 |
The Walls Project Baton Rouge, LA | $407,630 | $1,770,639 |
Match Midtown Arts & Theater Center Houston Houston, TX | $20,886,964 | $758,825 |