Mexic-Arte is located in Austin, TX. The organization was established in 1985. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Mexic-Arte employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mexic-Arte 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 09/2021, Mexic-Arte generated $2.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $925.1k during the year ending 09/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING MULTI-DISCIPLINARY ART
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS PROJECTS AND OPERATIONS PROMOTING MULTI-DISCIPLINARY ART
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sylvia Orozco Founding Director | OfficerTrustee | 40 | $65,875 |
George Elliman President | OfficerTrustee | 5 | $0 |
Kim Wilson Vincent VP Development | OfficerTrustee | 5 | $0 |
Michael Torres Treasurer | OfficerTrustee | 5 | $0 |
Teresa C Miller Secretary | OfficerTrustee | 5 | $0 |
Laurel Prats VP Membership | OfficerTrustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $6,607 |
Fundraising events | $20,240 |
Related organizations | $0 |
Government grants | $477,540 |
All other contributions, gifts, grants, and similar amounts not included above | $1,241,446 |
Noncash contributions included in lines 1a–1f | $29,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,745,833 |
Total Program Service Revenue | $183,206 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $56,000 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$11,431 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $97,888 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,071,496 |
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. | $65,876 |
Compensation of current officers, directors, key employees. | $6,588 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $414,260 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $23,400 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $42,516 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $158,959 |
Office expenses | $67,808 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $6,710 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,768 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,503 |
Insurance | $18,091 |
All other expenses | $0 |
Total functional expenses | $925,133 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,239,712 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $65,091 |
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 | $46,091 |
Prepaid expenses and deferred charges | $441 |
Net Land, buildings, and equipment | $2,851,348 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $389,345 |
Total assets | $4,592,028 |
Accounts payable and accrued expenses | $0 |
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 | $4,711 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $4,711 |
Net assets without donor restrictions | $3,189,475 |
Net assets with donor restrictions | $1,397,842 |
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 | $4,592,028 |
Over the last fiscal year, we have identified 3 grants that Mexic-Arte has recieved totaling $45,000.
Awarding Organization | Amount |
---|---|
Bbb Serving The Heart Of Texas Austin, TX PURPOSE: COVID-19 EMERGENCY RELIEF | $20,000 |
Mid-America Arts Alliance Kansas City, MO PURPOSE: ART SUPPORT | $15,000 |
Brown Foundation Inc Houston, TX PURPOSE: EDUCATION PROGRAMS | $10,000 |
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 |