Arts Council Of Midland
- Assets
- $856.8k
- Revenue
- $529.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Midland, TX
- Founding
- 10/1983
- Data as of
- 09/2021
- EIN
- 75-1894442
Organization Overview
Arts Council Of Midland is located in Midland, TX. The organization was established in 1983. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Arts Council Of Midland employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts Council Of Midland 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 Midland generated $529.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $409.4k during the year ending 09/2021. While expenses have increased by 3.2% 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 Midland has awarded 62 individual grants totaling $739,649. 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
ARTS COUNCIL OF MIDLAND HAS, FOR OVER FORTY YEARS, THROUGH OUR MISSION, BEEN A VOICE FOR THE ARTS IN OUR COMMUNITY BY ENRICHING LIVES WITH THE ARTS THROUGH COMMUNITY-WIDE ADVOCACY, EDUCATION, OUTREACH AND PROMOTION! IN THE BEGINNING, ARTS COUNCIL OF MIDLAND WAS FOUNDED TO PRESENT CELEBRATION OF THE ARTS. IN THE ENSUING FOUR DECADES, ACM HAS DEVELOPED INTO A SUPPORTER FOR THE ARTS AND THE ENTIRE COMMUNITY, DEVELOPING RELATIONSHIPS BETWEEN THE CITY OF MIDLAND AND AREA ARTS ORGANIZATIONS. MIDLAND'S EDUCATIONAL, CULTURAL AND ARTISTIC LIFE IS ESSENTIAL TO THE QUALITY OF LIFE OUR CITIZENS ENJOY. THROUGH MANY COLLABORATIONS WITH AREA ARTS ORGANIZATIONS ARTS COUNCIL OF MIDLAND IMPROVES THE LIVES OF THE CITIZENS OF MIDLAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CELEBRATION OF THE ARTS - AN ANNUAL THREE-DAY VISUAL AND PERFORMING ARTS FESTIVAL THAT BRINGS TOGETHER AN ARRAY OF ART ACTIVITIES, PERFORMANCES, AND DISPLAYS TO DOWNTOWN MIDLAND IN A FAMILY ORIENTED EVENT. VISUAL ARTISTS ARE LOCAL, REGIONAL AND NATIONAL ARTISTS WHO ARE JURIED IN TO PARTICIPATE IN THE FESTIVAL. PERFORMING ARTISTS, MOSTLY LOCAL, HAVE A STAGE AND CAPTIVE VISITORS TO LISTEN TO OR VIEW THEIR ACTS. SPONSORS ARE TREATED TO A PREMIER PARTY WITH FOOD AND BEVERAGES AND GET THE FIRST OPPORTUNITY TO SEE THE VISUAL ARTIST'S WORK. THROUGHOUT THE DAY ON SATURDAY AND SUNDAY, THERE ARE VISUAL AND PERFORMING ARTISTS, ART ACTIVITIES THAT INCLUDE TAKE-AWAY PROJECTS FOR CHILDREN, DEMONSTRATIONS, INFORMAL LECTURES, AND OVER TWENTY NONPROFIT ORGANIZATIONS THAT HIGHLIGHT THEIR ORGANIZATIONS' FOR VISITORS.
SUBGRANTING - PROGRAM THAT PROVIDES FUNDS TO LOCAL QUALIFYING ORGANIZATIONS FOR USE IN PROVIDING ART PROGRAMS IN THE MIDLAND AREA. SUBGRANTS ARE DISPERSED THROUGH THIS SYSTEMATIC AND COORDINATED APPLICATION PROCESS TO ORGANIZATIONS THAT RANGE IN SIZE AND LENGTH OF EXISTENCE THAT REQUEST FUNDS FOR STIMULATING NEW ACTIVITIES, OUT OF THE ORDINARY PROJECTS, AND LAUDABLE PROGRAMMING.
OTHER PROGRAMS - OTHER PROGRAMS INCLUDE THE SCULPTURE GARDEN ON THE GROUNDS OF THE ARTS COUNCIL OFFICES, WHICH INCLUDES SEVERAL SCULPTURES WITH PLANS OF EXPANDING, A QUARTERLY VISUAL ART SERIES, THAT SHOWCASES VARIOUS AREA FINE ARTISTS AND AN ARTIST COMMUNITY MARKET, WHICH FEATURES LOCAL AND REGIONAL VISUAL AND PERFORMING ARTISTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danny Holeva Executive Dir. | Officer | 40 | $80,388 |
Carol Kullman Treasurer | OfficerTrustee | 1 | $0 |
Tim Hair President Elect | OfficerTrustee | 1 | $0 |
Katie Grissom Secretary | OfficerTrustee | 1 | $0 |
Gabe Mcclelland President | OfficerTrustee | 1 | $0 |
Greg Smith Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,338 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $159,725 |
| All other contributions, gifts, grants, and similar amounts not included above | $213,791 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $378,854 |
| Total Program Service Revenue | $149,609 |
| Investment income | $1,140 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $529,603 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $110,950 |
| 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. | $82,699 |
| Compensation of current officers, directors, key employees. | $8,270 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,376 |
| Pension plan accruals and contributions | $2,554 |
| Other employee benefits | $4,037 |
| Payroll taxes | $8,803 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,590 |
| Advertising and promotion | $17,774 |
| Office expenses | $3,209 |
| Information technology | $1,746 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $956 |
| 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 | $5,300 |
| Insurance | $1,904 |
| All other expenses | $33,324 |
| Total functional expenses | $409,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $663,507 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $546 |
| Net Land, buildings, and equipment | $24,957 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $167,749 |
| Total assets | $856,759 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $34,725 |
| Other liabilities | $0 |
| Total liabilities | $34,725 |
| Net assets without donor restrictions | $0 |
| 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 | $822,034 |
| Total liabilities and net assets/fund balances | $856,759 |
Grants Awarded
Over the last fiscal year, Arts Council Of Midland has awarded $74,950 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Midland, TX PURPOSE: 2020-2021 SEASON PRODUCTIONS | $20,000 |
Midland, TX PURPOSE: CORE PROGRAMING 58TH SPRING SERIES | $15,500 |
Midland, TX PURPOSE: NUTCRACKER & SPRING PERFORMANCE | $12,500 |
Midland, TX PURPOSE: DANCE THEATRE OF HARLEM | $8,250 |
Midland, TX PURPOSE: 2020-2021 CONCERT SEASON | $7,500 |
Midland, TX PURPOSE: ESTAMOS ACQUI EX & MARIACHI PROG | $5,750 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Arts Council Of Midland has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
John And Maurine Cox Foundation Midland, TX PURPOSE: UNRESTRICTED | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tessitura Network Inc Dallas, TX | $21,809,645 | $43,977,511 |
Woodlands Center For The Performing Arts The Woodlands, TX | $66,155,005 | $4,869,262 |
The Foundation For Jones Hall Houston, TX | $12,945,210 | $11,215,659 |
National Western Art Foundation San Antonio, TX | $33,318,907 | $5,418,283 |
Society For The Performing Arts Houston, TX | $2,735,277 | $4,022,539 |
Dsm Management Group Inc Dallas, TX | $3,614,375 | $1,386,226 |
1894 Inc Galveston, TX | $14,356,181 | $3,638,315 |
New Orleans Center For Creative Arts Institute New Orleans, LA | $27,637,413 | $1,850,928 |
Shaw Center For The Arts Llc Baton Rouge, LA | $25,156,056 | $977,133 |
Spencer Theater For The Performing Arts Inc Alto, NM | $16,060,098 | $2,857,669 |
Taca Inc Dallas, TX | $1,253,014 | $1,318,938 |
Jefferson Performing Arts Society Metairie, LA | $970,556 | $1,410,329 |