Cultural Activities Center Inc
- Assets
- $4.6m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 9
- Location
- Temple, TX
- Founding
- 07/1958
- Data as of
- 06/2022
- EIN
- 74-1337244
Organization Overview
Cultural Activities Center Inc is located in Temple, TX. The organization was established in 1958. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Cultural Activities Center Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cultural Activities Center Inc 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 06/2022, Cultural Activities Center Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $849.8k during the year ending 06/2022. While expenses have increased by 1.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION AND ADVANCEMENT OF CULTURAL ARTS AND MUSIC IN THE COMMUNITY THROUGH EXHIBITS, CONCERTS AND CLASSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLASSES: CONDUCTED CLASSES IN PAINTING AND DRAWING, DANCE, DRAMATICS, COMPUTER GRAPHICS, AND CERAMICS. ALSO CONDUCTED A SUMMER ARTS CAMP FOR YOUNG PEOPLE.
CENTRAL TEXAS ORCHESTRAL SOCIETY: SPONSORED VARIOUS VISITING ORCHESTRAL GROUPS AND ENSEMBLES.
EBONY CULTURAL SOCIETY: SUPPORTED DEBUTANTE BALL AND AN ETIQUETTE CLASS. ALSO SPONSORED A YOUNG MENS FORUM AND A YOUNG WOMENS FORUM. SPONSORED SEVERAL CONCERTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Pearson Executive Director-Part Year | OfficerTrustee | 40 | $36,588 |
Kelly Garcia President Elect | OfficerTrustee | 1 | $0 |
Taryn Cox Secretary | OfficerTrustee | 1 | $0 |
Ken Johnson Treasurer | OfficerTrustee | 1 | $0 |
Jean Coley President | OfficerTrustee | 1 | $0 |
Jill Lock Ctos President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $816,633 |
| Membership dues | $48,379 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $117,710 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $982,722 |
| Total Program Service Revenue | $212,026 |
| Investment income | $57,124 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $132,022 |
| Net Gain/Loss on Asset Sales | $43,433 |
| Net Income from Fundraising Events | $19,169 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,452,132 |
| 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 | $258,385 |
| Pension plan accruals and contributions | $2,572 |
| Other employee benefits | $5,974 |
| Payroll taxes | $20,229 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $42,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,976 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,941 |
| Office expenses | $21,507 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $125,253 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,193 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $113,999 |
| Insurance | $23,126 |
| All other expenses | $0 |
| Total functional expenses | $849,761 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $841,918 |
| Savings and temporary cash investments | $1,488,221 |
| 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 | $4,500 |
| Net Land, buildings, and equipment | $2,307,204 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,641,843 |
| Accounts payable and accrued expenses | $18,719 |
| Grants payable | $0 |
| Deferred revenue | $29,682 |
| 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 | $150,000 |
| Other liabilities | $0 |
| Total liabilities | $198,401 |
| Net assets without donor restrictions | $3,277,539 |
| Net assets with donor restrictions | $1,165,903 |
| 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 | $4,641,843 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Cultural Activities Center Inc has recieved totaling $150,815.
| Awarding Organization | Amount |
|---|---|
City Federation Of Womens Clubs Of Temple Temple, TX PURPOSE: CHAIRITABLE CONTRIBUTION | $100,000 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA PURPOSE: HELP WITH COSTS OF RENOVATING THE MAIN GALLERY SPACES IN THE CENTER | $45,000 |
Joe And Louise Cook Foundation Temple, TX PURPOSE: GENERAL SUPPORT | $5,000 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $750 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $65 |
Endowment Analysis
| Beg. Balance | $799,049 |
| Earnings | $90,063 |
| Admin Expense | $9,976 |
| Other Expense | $42,495 |
| Ending Balance | $836,641 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Performing Arts Fort Worth Inc Fort Worth, TX | $130,618,856 | $15,938,262 |
Dallas Summer Musicals Inc Dtd 121862 Dallas, TX | $10,391,803 | $15,176,693 |
Greater Austin Performing Arts Center Austin, TX | $60,832,333 | $4,600,967 |
Oklahoma Contemporary Arts Center Inc Oklahoma City, OK | $30,073,274 | $4,620,457 |
Stages Houston, TX | $35,203,862 | $5,949,704 |
Lubbock Entertainment And Performing Arts Association Lubbock, TX | $190,146,565 | $3,966,271 |
Tulsa Performing Arts Center Trust Tulsa, OK | $9,008,592 | $6,495,113 |
Contemporary Arts Center New Orleans, LA | $8,950,916 | $2,836,743 |
Preservation Hall Foundation Inc New Orleans, LA | $2,657,700 | $2,671,447 |
El Dorado Festivals & Events Inc El Dorado, AR | $56,070,172 | $5,007,919 |
Georgetown Palace Theatre Inc Georgetown, TX | $7,443,591 | $5,634,871 |
Sammons Center For The Arts Dallas, TX | $1,480,385 | $820,044 |