Southwest School Of Art
- Assets
- $10.5m
- Revenue
- -$15.4m
- Investments
- $0.0
- Employees
- 139
- Location
- San Antonio, TX
- Founding
- 08/1965
- Data as of
- 07/2022
- EIN
- 74-6068932
Organization Overview
Southwest School Of Art is located in San Antonio, TX. The organization was established in 1965. 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 07/2022, Southwest School Of Art employed 139 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest School Of Art is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO TEACH AND ADVANCE THE VISUAL ARTS FOR THE BENEFIT OF STUDENTS SEEKING HIGHER EDUCATION.
Describe the Organization's Program Activity:
THE ORGANIZATION'S BACHELOR OF FINE ARTS (BFA) DEGREE PROGRAM BEGAN IN 2014. IT REQUIRES STUDENTS TO BECOME DEEPLY INVOLVED IN THE PROCESS OF MAKING AS A FORM OF INQUIRY AND DISCOVERY, WITH EQUAL EMPHASIS ON CONTENT AND CRAFT. THE PROGRAM CHALLENGES STUDENTS TO VALUE BOTH TRADITION AND INNOVATION AND TO GRADUATE WITH THE SKILLS TO BE WORKING ARTISTS AND ENGAGED CITIZENS. THE SCHOOL HAD 32 STUDENTS AT THE START OF THE 2021 - 2022 SCHOOL YEAR.THE ORGANIZATION ALSO OPERATES PROGRAMS FOR THE COMMUNITY: EXHIBITIONS THAT ARE FREE AND OPEN TO THE PUBLIC, AND ADULT STUDIO PROGRAM SERVING OVER 2,000 ANNUALLY, SEVERAL PROGRAMS FOR YOUTH, AND PUBLIC PROGRAMS THAT INCLUDE SYMPOSIA, LECTURES, EVENTS, AND THE OPERATION OF THE HISTORIC SITE, THE FORMER URSULINE CONVENT AND ACADEMY, WHERE A PORTION OF THE SCHOOL IS LOCATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paula Owen Former President | Officer | 40 | $334,433 |
Bryan Edwards Former CFO | Officer | 40 | $65,366 |
T Randall Cain Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $50,010 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $228,445 |
| All other contributions, gifts, grants, and similar amounts not included above | $980,477 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,258,932 |
| Total Program Service Revenue | $779,343 |
| Investment income | $414,186 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$18,441,432 |
| Net Income from Fundraising Events | $403,808 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$15,382,277 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $23,295 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $484,161 |
| Compensation of current officers, directors, key employees. | $58,099 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,741,421 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $257,577 |
| Payroll taxes | $170,068 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,551 |
| Office expenses | $551,614 |
| Information technology | $88,107 |
| Royalties | $0 |
| Occupancy | $403,470 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,557 |
| Interest | $70,735 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $456,490 |
| Insurance | $108,013 |
| All other expenses | $139,861 |
| Total functional expenses | $6,059,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,081,931 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $80,313 |
| 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 | $0 |
| Investments—publicly traded securities | $9,335,782 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,498,026 |
| Accounts payable and accrued expenses | $1,094,930 |
| 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 | $9,335,782 |
| Total liabilities | $10,430,712 |
| Net assets without donor restrictions | $67,314 |
| Net assets with donor restrictions | $0 |
| 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 | $10,498,026 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southwest School Of Art has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Barrett Family Foundation San Antonio, TX PURPOSE: EDUCATION ASSISTANCE | $500 |
Endowment Analysis
| Beg. Balance | $18,559,589 |
| Earnings | $175,538 |
| Other Expense | $9,399,345 |
| Ending Balance | $9,335,782 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Big Thought Dallas, TX | $5,164,665 | $9,225,791 |
Southwest School Of Art San Antonio, TX | $10,498,026 | -$15,382,277 |
Fab Lab Tulsa Inc Tulsa, OK | $905,994 | $2,260,190 |
Young Audiences Of Louisiana Inc New Orleans, LA | $2,693,862 | $4,571,020 |
Us Biennial Inc New Orleans, LA | $1,914,538 | $2,330,262 |
Santa Fe School For The Arts Santa Fe, NM | $4,340,717 | $1,902,890 |
Oklahoma Arts Institute Oklahoma City, OK | $2,532,394 | $1,383,952 |
Community Works Of Louisiana New Orleans, LA | $370,788 | $1,210,221 |
Multicultural Education And Counseling Through The Arts Houston, TX | $4,644,101 | $2,037,486 |
School Of Design New Orleans, LA | $1,895,558 | $1,072,625 |
Youth Oasis Baton Rouge, LA | $394,453 | $1,019,110 |
Art League Of Houston Houston, TX | $910,841 | $1,126,374 |