Dallas Contemporary
- Assets
- $4.1m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 23
- Location
- Dallas, TX
- Founding
- 01/1978
- Data as of
- 12/2022
- EIN
- 75-1575687
Organization Overview
Dallas Contemporary is located in Dallas, TX. The organization was established in 1978. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Dallas Contemporary employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dallas Contemporary 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 12/2022, Dallas Contemporary generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESENT ART IN A FORUM THAT CULTIVATES ARTISTS, IGNITES LEARNING, AND INSPIRES THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVENTS AND EXHIBITIONS: SEE SCHEDULE OEVENTS AND EXHIBITIONS: A NON-COLLECTING KUNSTHALLE-STYLE ART SPACE, DALLAS CONTEMPORARY IS A MUSEUM THAT HAS THE PRIVILEGE OF PRESENTING THE VANGUARD OF CONTEMPORARY ARTISTIC PRACTICE AND ARTISTIC PRODUCTION THROUGH EXHIBITIONS, PERFORMANCES, AND PUBLIC PROGRAMS, WHICH ARE ALL EQUALLY PART OF OUR CURATORIAL MISSION. DURING 2022, DALLAS CONTEMPORARY ENGAGED 12,000+ VISITORS THROUGH 7 MAJOR EXHIBITIONS. OUR SPRING EXHIBITION PROGRAM FEATURED SOLO PRESENTATIONS BY JOSEPH HAVEL, LONNIE HOLLEY, BORNA SAMMAK AND NATALIE WADLINGTON. IN THE FALL WE WELCOMED EXHIBITIONS FROM AMERICAN ARTIST SHEPARD FAIREY WITH A SHOW CALLED "BACKWARD FORWARD," WHICH TACKLES THE SOCIAL JUSTICE ISSUES THAT CONTINUE TO AFFECT OUR NATION, FROM GUN VIOLENCE TO THE PURSUIT OF CIVIL RIGHTS, AS WELL AS GABRIELLE GOLIATH'S WORK "CHORUS," A PROFOUNDLY MOVING VIDEO INSTALLATION THAT MOURNS THE LIVES LOST TO FEMICIDE IN THE ARTIST'S NATIVE SOUTH AFRICA.
EDUCATION AND MEMBERSHIP: DALLAS CONTEMPORARY'S EDUCATION AND MEMBERSHIP INITIATIVES PROVIDE OPPORTUNITIES FOR THE COMMUNITY TO LEARN ABOUT AND EXPERIENCE THE WORLD OF CONTEMPORARY ART FIRSTHAND. THERE ARE MULTIPLE LEVELS OR MEMBERSHIP AND A WIDE VARIETY OF EDUCATIONAL ACTIVITIES TO CHOOSE FROM. MEMBERS ARE PROVIDED WITH EXCLUSIVE OPPORTUNITIES SUCH AS ACCESS TO ATTEND EXHIBITION PREVIEWS VISITS WITH LOCAL AND INTERNATIONAL ARTISTS, AND SOCIAL EVENTS HOSTED BY DC. THE EDUCATION OFFERINGS INCLUDE CHIT CHAT SESSIONS FOR ATTENDEES TO ENGAGE DIRECTLY WITH CONTEMPORARY ARTISTS, SCHOOL AND PUBLIC TOURS, SUMMER YOUTH PROGRAMS, AND WRITING AND DRAWING SESSIONS HOSTED BY LOCAL ARTISTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Sughrue President | OfficerTrustee | 2 | $0 |
Lauree Hulshoff Vice President | OfficerTrustee | 2 | $0 |
Harris Polakoff Treasurer | OfficerTrustee | 2 | $0 |
Rodger Kobes Secretary | OfficerTrustee | 2 | $0 |
Mario Cader-Frech Director | Trustee | 2 | $0 |
Rebecca Bruder Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Transport Consultants Art Shipping | 12/30/21 | $359,923 |
Dietl International Fine Art Services | 12/30/21 | $343,527 |
The Box Company Art Work Transport | 12/30/21 | $153,604 |
Elleco Construction Construction | 12/30/21 | $235,138 |
Sutton Art Pr | 12/30/21 | $130,557 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $159,030 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,802 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,374,752 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,538,584 |
| Total Program Service Revenue | $0 |
| Investment income | $515 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $80,472 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,686,715 |
| 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. | $316,840 |
| Compensation of current officers, directors, key employees. | $316,840 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $376,518 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,415 |
| Payroll taxes | $55,210 |
| 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 | $604,245 |
| Advertising and promotion | $17,614 |
| Office expenses | $371,900 |
| Information technology | $29,813 |
| Royalties | $0 |
| Occupancy | $195,724 |
| Travel | $254,772 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $71,371 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $135,356 |
| Insurance | $31,130 |
| All other expenses | $32,480 |
| Total functional expenses | $2,508,388 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $680,236 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $163,876 |
| 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 | $2,422 |
| Net Land, buildings, and equipment | $3,294,143 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,140,677 |
| Accounts payable and accrued expenses | $123,153 |
| 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 | $1,954,256 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,077,409 |
| Net assets without donor restrictions | $1,993,122 |
| Net assets with donor restrictions | $70,146 |
| 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 | $4,140,677 |