The Bosque Arts Center
- Assets
- $7.8m
- Revenue
- $779.0k
- Investments
- $0.0
- Employees
- 37
- Location
- Clifton, TX
- Founding
- 09/1981
- Data as of
- 06/2024
- EIN
- 74-2190028
Organization Overview
The Bosque Arts Center is located in Clifton, TX. The organization was established in 1981. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2024, Bosque Arts Center employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bosque Arts Center 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 06/2024, Bosque Arts Center generated $779.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $568.0k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE BOSQUE ARTS CENTER IS A NON-PROFIT COMMUNITY ENTITY DEDICATED TO THE PROMOTION & SUPPORT OF THE PERFORMING & VISUAL ARTS IN BOSQUE COUNTY, TEXAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART, CRAFTS, PHOTOGRAPHY - PROVIDING CLASSES & WORKSHOPS FOR CREATION & PRODUCTION; SPONSORING EXHIBITS & JUDGED SHOWS TO PROMOTE APPRECIATION OF FINE ARTS. EXPENSES FOR SUPPLIES & INSTRUCTORS.
YOGA, KARATE, BOOK REVIEWS, CHILDRENS PROGRAMS - PROVIDING CLASSES TO PROMOTE PARTICIPATION IN PERFORMING & CULINARY ARTS. EXPENSES FOR SUPPLIES & INSTRUCTORS.
MUSIC & DRAMA-PRODUCTION OF PLAYS, MUSICAL EVENTS, & CLASSES IN ACTING & DIRECTING TO STIMULATE INTEREST IN & APPRECIATION OF DRAMATIC ARTS & MUSIC. EXPENSES FOR ROYALTIES, PLAYBOOKS, COSTUMES, PROPS, ADVERTISEMENTS, MUSICIANS, & ARRANGEMENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Pfeiffer President | OfficerTrustee | 1 | $0 |
Linda Lowrance President-Elect | OfficerTrustee | 0.5 | $0 |
Blake Holman Treasurer | OfficerTrustee | 0.5 | $0 |
Virginia Richards Secretary | OfficerTrustee | 0.5 | $0 |
Sidney Carlisle Director | Trustee | 0.5 | $0 |
Judith Baker Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $105,375 |
| Fundraising events | $123,575 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $179,411 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $408,361 |
| Total Program Service Revenue | $75,448 |
| Investment income | $66,157 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,589 |
| Net Gain/Loss on Asset Sales | $197,383 |
| Net Income from Fundraising Events | $15,528 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,504 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $778,970 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,500 |
| 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 | $201,301 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,535 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,688 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,743 |
| Office expenses | $23,665 |
| Information technology | $2,350 |
| Royalties | $0 |
| Occupancy | $43,935 |
| 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 | $0 |
| Insurance | $44,917 |
| All other expenses | $39,043 |
| Total functional expenses | $567,960 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $291,975 |
| Savings and temporary cash investments | $136,956 |
| 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 | $5,226,736 |
| Investments—publicly traded securities | $2,011,520 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $154,894 |
| Total assets | $7,822,081 |
| Accounts payable and accrued expenses | $2,964 |
| 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 | $2,964 |
| Net assets without donor restrictions | $6,175,047 |
| Net assets with donor restrictions | $1,644,070 |
| 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 | $7,822,081 |