Arts Council Of Fort Worth And Tarrant County Inc
- Assets
- $1.8m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 12
- Location
- Fort Worth, TX
- Founding
- 01/1964
- Data as of
- 09/2021
- EIN
- 75-1158515
Organization Overview
Arts Council Of Fort Worth And Tarrant County Inc is located in Fort Worth, TX. The organization was established in 1964. According to its NTEE Classification (A01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Arts Council Of Fort Worth And Tarrant County Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts Council Of Fort Worth And Tarrant County 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 09/2021, Arts Council Of Fort Worth And Tarrant County Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $2.2m during the year ending 09/2021. While expenses have increased by 4.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Arts Council Of Fort Worth And Tarrant County Inc has awarded 196 individual grants totaling $6,240,548. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LEADERSHIP AND ADVOCACY TO THE ARTS IN FORT WORTH AND TARRANT COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED LEADERSHIP AND ADVOCACY TO THE ARTS IN FORT WORTH AND TARRANT COUNTY: FUNDED LOCAL ART ORGANIZATIONS THROUGH A COMPETITIVE GRANTS PROGRAM AND COMPREHENSIVE ARTS EDUCATIONAL PROGRAM FOR INDIVIDUALS AND NONPROFIT ORGANIZATIONS. SUPPORTED 30 ARTS ORGANIZATIONS THAT REACHED 1,324,851 INDIVIDUALS. FORTY-FIVE PERCENT OF PROGRAMMING WAS FREE TO PARTICIPANTS.
PUBLIC ART PROGRAM: MANAGED THE CITY OF FORT WORTH PUBLIC ART PROGRAM FOR THE PURPOSE OF ENHACING THE VISUAL ENVIRONMENT OF OUR CITY. SCOPE OF PROJECT MANAGEMENT INCLUDED 50 PUBLIC ART PROJECTS IN VARIOUS STAGES OF COMPLETION; CLEANING AND MAINTENANCE OF 10 COMPLETED ARTWORKS IN THE COLLECTION, CONDUCTED 23 COMMUNITY ENGAGEMENT MEETINGS, 41 PROJECT-SPECIFICE CORE TEAM/COMMUNITY MEETINGS; DEDICATED 2 ARTWORKS THROUGHOUT THE CITY.
OUTREACH ARTS PROGRAM GRANTS: SUPPORTED 7 ARTS ORGANIZATIONS THAT REACHED 53,691 YOUTH; 100% OF ARTS PROGRAMMING OFFERED WAS FREE TO PARTICIPANTS. PROGRAMMING TOOK PLACE IN TITLE 1 SCHOOLS, PUBLIC LIBRARIES, SENIOR CITIZEN HOMES, HOSPITALS, JAILS, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Wiley-Thru 62022 President | Officer | 39 | $140,000 |
Martha Peters Dir Public Art | Officer | 39 | $107,818 |
Wesley Gentle Int. President | Officer | 39 | $77,000 |
Jared Sloan Chairman | OfficerTrustee | 2 | $0 |
Scott Wheatley Past Chairman | OfficerTrustee | 2 | $0 |
Carter Shackelford Co-Chairman | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $16,119 |
| Related organizations | $0 |
| Government grants | $1,969,577 |
| All other contributions, gifts, grants, and similar amounts not included above | $267,453 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,253,149 |
| Total Program Service Revenue | $24,978 |
| Investment income | $31,661 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$10,052 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,299,736 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $932,568 |
| Grants and other assistance to domestic individuals. | $600 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $362,798 |
| Compensation of current officers, directors, key employees. | $54,420 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $426,658 |
| Pension plan accruals and contributions | $40,243 |
| Other employee benefits | $34,991 |
| Payroll taxes | $28,526 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,697 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $252,393 |
| Advertising and promotion | $11,716 |
| Office expenses | $12,430 |
| Information technology | $23,286 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $817 |
| 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 | $3,288 |
| Insurance | $16,783 |
| All other expenses | $10,068 |
| Total functional expenses | $2,225,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,289,720 |
| Savings and temporary cash investments | $163,632 |
| Pledges and grants receivable | $7,599 |
| 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 | $21,185 |
| Net Land, buildings, and equipment | $27,132 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $302,348 |
| Total assets | $1,811,616 |
| Accounts payable and accrued expenses | $60,552 |
| Grants payable | $285,884 |
| Deferred revenue | $28,849 |
| 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 | $375,285 |
| Net assets without donor restrictions | $975,781 |
| Net assets with donor restrictions | $460,550 |
| 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 | $1,811,616 |
Grants Awarded
Over the last fiscal year, Arts Council Of Fort Worth And Tarrant County Inc has awarded $917,835 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
Fort Worth, TX | | $87,050 |
Fort Worth, TX | | $67,100 |
Fort Worth, TX | | $66,150 |
Fort Worth, TX | | $62,000 |
Fort Worth, TX | | $58,750 |
Fort Worth, TX | | $56,400 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Arts Council Of Fort Worth And Tarrant County Inc has recieved totaling $18,002.
| Awarding Organization | Amount |
|---|---|
Virginia Odonnell Charitable Tr Fort Worth, TX PURPOSE: TO AID AND ASSIST IN THE PRIMARY WORKS OF THE BENEFICIARY INSTITUTIONS. | $18,002 |
Endowment Analysis
| Beg. Balance | $302,348 |
| Ending Balance | $302,348 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Raise Your Hand For Public Schools Austin, TX | $2,029,116 | $4,750,075 |
National Association Of Latino Arts & Culture San Antonio, TX | $11,224,478 | $8,386,452 |
Arts Council Of Fort Worth And Tarrant County Inc Fort Worth, TX | $1,811,616 | $2,299,736 |
Texas Assn Of Broadcasters Austin, TX | $4,089,157 | $2,175,759 |
Romance Writers Of America Incorporated Houston, TX | $1,009,398 | $655,631 |
Bentonville Christian Academy Bentonville, AR | $644,986 | $1,107,321 |
Superstar Art Foundation Dallas, TX | $36,655 | $692,145 |
Second Chance Dv Sa Shelter Wynne, AR | $158,664 | $471,113 |
Free Mom Hugs Inc Oklahoma City, OK | $324,207 | $377,801 |
Ella Project New Orleans, LA | $114,292 | $267,206 |
James I Freeman Charitable Trust Texarkana, AR | $4,140,809 | $174,645 |
Oklahomans For The Arts Inc Oklahoma City, OK | $118,297 | $205,914 |