Beeville Art Association Inc
- Assets
- $656.3k
- Revenue
- $97.9k
- Investments
- $422.8k
- Employees
- 0
- Location
- Beeville, TX
- Founding
- 07/2001
- Data as of
- 12/2021
- EIN
- 74-2220379
Organization Overview
Beeville Art Association Inc is located in Beeville, TX. The organization was established in 2001. According to its NTEE Classification (A50) the organization is classified as: Museums, 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. Beeville Art Association 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 12/2021, Beeville Art Association Inc generated $97.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $140.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART EXHIBITS AND EDUCATION FOR THE GENERAL PUBLIC AND RESTORATION AND MAINTENANCE OF MUSEUM ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy Forbes Treasurer | 0 | $0 | |
Debbie Parsons Director | 0 | $0 | |
Erie Head President | 0 | $0 | |
Becky Sherman Vice President | 0 | $0 | |
Vikki Scholermmer Vice President | 0 | $0 | |
Sarah Jaure Past President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,260 |
| Interest on Savings | $203 |
| Dividends & Interest | $8,984 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $22,193 |
| Capital Gain Net Income | $22,193 |
| Net ST Capital Gain | $22,193 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $49,221 |
| Total Revenue | $97,861 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $191 |
| Depreciation | $0 |
| Occupancy | $130,799 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,135 |
| Total operating and administrative expenses | $140,091 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $140,091 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,524 |
| Savings and temporary cash investments | $10,008 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $352,579 |
| Net Land, buildings, and equipment | $203,963 |
| Other assets | $0 |
| Total assets | $656,298 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Beeville Art Association Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Mary Hobbs Griffith Foundation Corpus Christi, TX PURPOSE: TO UNITE THE ASSOCIATION'S MEMBERS IN THE STUDY OF ART, TO PROMOTE ACTIVITIES OF CULTURAL VALUE, TO PROMOTE PUBLIC INTEREST, AND TO HAVE A REPRESENTATIVE BODY READY TO TAKE ACTION ON MEASURES THAT AFFECT THE CULTURAL LIFE OF THE COMMUNITY. | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Holy Land Experience Ministries Inc Fort Worth, TX | $0 | $1,182,196 |
Museum Of The Bible Inc Oklahoma City, OK | $471,961,036 | $30,370,412 |
Commemorative Air Force Dallas, TX | $31,700,187 | $23,919,156 |
Witte Museum San Antonio, TX | $80,577,156 | $11,273,075 |
American Airpower Heritage Museum Inc Dallas, TX | $14,350,324 | $12,462,262 |
National Cowboy And Western Heritage Museum Inc Oklahoma City, OK | $111,505,092 | $15,269,819 |
Science Museum Oklahoma Inc Oklahoma City, OK | $87,882,272 | $6,278,809 |
Fort Worth Museum Of Science And History Fort Worth, TX | $55,575,767 | $8,824,812 |
Holocaust Museum Houston Houston, TX | $41,860,555 | $7,348,837 |
Gilcrease Museum Management Trust Tulsa, OK | $58,936,912 | $9,269,478 |
Lady Lex Museum On The Bay Association Corpus Christi, TX | $13,577,755 | $8,975,317 |
Medal Of Honor Museum Foundation Arlington, TX | $99,959,490 | $88,628,383 |