Arts Council Of Brazos Valley
- Assets
- $3.6m
- Revenue
- $837.6k
- Investments
- $9.0k
- Employees
- 4
- Location
- College Station, TX
- Founding
- 01/1972
- Data as of
- 09/2022
- EIN
- 74-1672466
Organization Overview
Arts Council Of Brazos Valley is located in College Station, TX. The organization was established in 1972. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2022, Arts Council Of Brazos Valley employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts Council Of Brazos Valley 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 09/2022, Arts Council Of Brazos Valley generated $837.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $964.6k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Arts Council Of Brazos Valley has awarded 184 individual grants totaling $3,847,985. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE THE ARTS ACCESSIBLE TO ALL CITIZENS AND VISITORS IN THE BRAZOS VALLEY THROUGH FUNDING, PROMOTION, ADVOCACY, AND PARTNERSHIP BUILDING. STRIVES TO FOSTER AN APPRECIATION OF THE INVOLVEMENT IN THE ARTS AND TO ENCOURAGE AND SUPPORT ARTISTS AND ART ORGANIZATIONS AS THEY STRIVE TO INCREASE THE EXCELLENCE OF THE UNIQUE ARTISTIC PRODUCTS EACH OFFERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT AWARDS AND SCHOLARSHIPS - TO PROVIDE LOCAL AND REGIONAL ARTS, CULTURE AND HERITAGE ORGANIZATIONS FINANCIAL SUPPORT FOR PROJECTS AND OPERATIONS. TO PROVIDE COLLEGE SCHOLARSHIPS TO HIGH SCHOOL STUDENTS LOCATED IN THE BRAZOS VALLEY REGION.
GALLERY SALES - TO PROMOTE AND SUPPORT TEXAS ARTISTS AND ARTISANS WHILE PROVIDING AN AVENUE FOR EXHIBITION AND ENCOURAGING PUBLIC AWARENESS AND SUPPORT OF THE ARTS.
ADVOCACY, PROGRAMS AND SERVICES - TO PROMOTE AWARENESS OF AND PARTICIPATION IN THE ARTS CULTURE AND HERITAGE OF THE BRAZOS VALLEY FOR RESIDENTS AND VISITORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheree Boegner Executive Director | OfficerTrustee | 40 | $79,829 |
Jeremy Osborne President | OfficerTrustee | 15 | $0 |
Kindra Fry Secretary | OfficerTrustee | 2 | $0 |
Patricia Burchfield Immediate Past President | OfficerTrustee | 2 | $0 |
Coleen Bradfield Board Member | OfficerTrustee | 2 | $0 |
Natalie Pine Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $18,675 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $668,880 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,934 |
| Noncash contributions included in lines 1a–1f | $12,150 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $724,489 |
| Total Program Service Revenue | $41,385 |
| Investment income | $4,643 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $78,481 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $837,601 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $460,556 |
| Grants and other assistance to domestic individuals. | $19,000 |
| 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 | $159,188 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,452 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,703 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $41,121 |
| Office expenses | $2,459 |
| Information technology | $14,698 |
| Royalties | $0 |
| Occupancy | $36,602 |
| Travel | $3,521 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $28,697 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,573 |
| Insurance | $13,980 |
| All other expenses | $12,755 |
| Total functional expenses | $964,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,689 |
| Savings and temporary cash investments | $609,112 |
| Pledges and grants receivable | $78,856 |
| 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 | $13,932 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,066,853 |
| Investments—publicly traded securities | $50,056 |
| Investments—other securities | $9,033 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $673,817 |
| Total assets | $3,578,348 |
| Accounts payable and accrued expenses | $180,684 |
| 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 | $690,204 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,801 |
| Total liabilities | $885,689 |
| Net assets without donor restrictions | $2,125,071 |
| Net assets with donor restrictions | $567,588 |
| 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 | $3,578,348 |
Grants Awarded
Over the last fiscal year, Arts Council Of Brazos Valley has awarded $450,091 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: TO PROVIDE FINANCIAL SUPPORT OF THE LOCAL ARTS COMMUNITY. | $80,000 |
Bryan, TX PURPOSE: TO PROVIDE FINANCIAL SUPPORT OF THE LOCAL ARTS COMMUNITY. | $68,210 |
TEXAS A&M UNIVERSITY - MSC OPAS PURPOSE: TO PROVIDE FINANCIAL SUPPORT OF THE LOCAL ARTS COMMUNITY. | $50,000 |
Bryan, TX PURPOSE: TO PROVIDE FINANCIAL SUPPORT OF THE LOCAL ARTS COMMUNITY. | $37,000 |
College Station, TX PURPOSE: TO PROVIDE FINANCIAL SUPPORT OF THE LOCAL ARTS COMMUNITY. | $32,000 |
Bryan, TX PURPOSE: TO PROVIDE FINANCIAL SUPPORT OF THE LOCAL ARTS COMMUNITY. | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Arts Council Of Brazos Valley has recieved totaling $22.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Endowment Analysis
| Beg. Balance | $10,731 |
| Earnings | -$1,547 |
| Admin Expense | $151 |
| Ending Balance | $9,033 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walton Arts Center Council Inc Fayetteville, AR | $96,355,253 | $44,644,953 |
Houston Arts Alliance Houston, TX | $29,688,694 | $26,121,886 |
Arts Council Of Oklahoma City Oklahoma City, OK | $5,417,646 | $3,471,903 |
Acadiana Center For The Arts Lafayette, LA | $2,214,037 | $2,734,982 |
Arts And Humanities Council Of Tulsa Inc Tulsa, OK | $13,547,923 | $1,595,922 |
Arts Council Of New Orleans New Orleans, LA | $1,809,882 | $2,444,435 |
Arts Council Of Greater Baton Rouge Inc Baton Rouge, LA | $4,710,204 | $2,512,753 |
Civic Lubbock Inc Lubbock, TX | $2,399,838 | $1,804,264 |
Artpace Inc San Antonio, TX | $4,747,624 | $2,060,315 |
Shreveport Regional Arts Council Shreveport, LA | $6,655,707 | $1,731,229 |
Rockport Art Association Inc Rockport, TX | $13,512,318 | $1,924,520 |
Odessa Council For The Arts & Humanities Odessa, TX | $326,485 | $1,125,554 |