Dallas Arts District Foundation
- Assets
- $844.2k
- Revenue
- $543.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Dallas, TX
- Founding
- 08/1984
- Data as of
- 12/2021
- EIN
- 75-1970472
Organization Overview
Dallas Arts District Foundation is located in Dallas, TX. The organization was established in 1984. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Dallas Arts District Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dallas Arts District Foundation 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 12/2021, Dallas Arts District Foundation generated $543.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 52.1% each year . All expenses for the organization totaled $640.9k during the year ending 12/2021. While expenses have increased by 19.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENHANCE THE VALUE OF THE CITY'S CREATIVE AND ECONOMIC LIFE ENGAGING ARTISTIC, EDUCATIONAL, AND COMMERCIAL NEIGHBORS THROUGH EXCELLENT DESIGN, PRACTICES, AND PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLANNING: THE ORGANIZATION COLLABORATES WITH THE CITY OF DALLAS ON APPROVED BOND IMPROVEMENTS AND DEVELOPING THE CONNECT PLAN, AN INFRASTRUCTURE MASTER PLAN THAT PROMOTES SAFETY, CONNECTIVITY, AND ACCESSIBILITY WITH STRONG URBAN DESIGN IN A MULTIMODAL NEIGHBORHOOD.
MARKETING AND EVENTS: THE ORGANIZATION PROVIDES MARKETING AND PROMOTIONAL SUPPORT TO ITS MEMBERS THROUGH THE CREATION OF THE DALLAS ARTS DISTRICT VISITOR GUIDE, COMMUNITY OUTREACH AND FREE PUBLIC PROGRAMMING INCLUDING THE ARTS DISTRICT SIGNATURE BLOCK PARTIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lily Cabatu Weiss Executive Director | Officer | 45 | $164,138 |
Dr Scott Rudes Grants Chair | OfficerTrustee | 1 | $0 |
Charles Santos Secretary | OfficerTrustee | 1 | $0 |
Amy Lewis Hofland Past Chair | OfficerTrustee | 1 | $0 |
Dr Linda Abraham-Silver Finance Chair | OfficerTrustee | 2.5 | $0 |
Dr Andrew Stoker Governance Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $275,380 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $33,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $215,318 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $523,798 |
| Total Program Service Revenue | $20,101 |
| Investment income | $0 |
| 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 | $543,899 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,900 |
| 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. | $164,138 |
| Compensation of current officers, directors, key employees. | $34,316 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,177 |
| Pension plan accruals and contributions | $6,090 |
| Other employee benefits | $2,841 |
| Payroll taxes | $15,447 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,445 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,444 |
| Fees for services: Other | $67,115 |
| Advertising and promotion | $20,200 |
| Office expenses | $12,058 |
| Information technology | $17,348 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,319 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,158 |
| All other expenses | $0 |
| Total functional expenses | $640,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $361,405 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $482,757 |
| Total assets | $844,162 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $198,029 |
| Net assets with donor restrictions | $646,133 |
| 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 | $844,162 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Dallas Arts District Foundation has recieved totaling $57,797.
| Awarding Organization | Amount |
|---|---|
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $56,269 |
James And Gayle Halperin Foundation Dallas, TX PURPOSE: GENERAL SUPPORT | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walton Arts Center Council Inc Fayetteville, AR | $96,355,253 | $44,644,953 |
Houston Arts Alliance Houston, TX | $29,688,694 | $26,121,886 |
Arts Council Of Oklahoma City Oklahoma City, OK | $5,417,646 | $3,471,903 |
Acadiana Center For The Arts Lafayette, LA | $2,214,037 | $2,734,982 |
Arts And Humanities Council Of Tulsa Inc Tulsa, OK | $13,547,923 | $1,595,922 |
Arts Council Of New Orleans New Orleans, LA | $1,809,882 | $2,444,435 |
Arts Council Of Greater Baton Rouge Inc Baton Rouge, LA | $4,710,204 | $2,512,753 |
Civic Lubbock Inc Lubbock, TX | $2,399,838 | $1,804,264 |
Artpace Inc San Antonio, TX | $4,747,624 | $2,060,315 |
Shreveport Regional Arts Council Shreveport, LA | $6,655,707 | $1,731,229 |
Rockport Art Association Inc Rockport, TX | $13,512,318 | $1,924,520 |
Odessa Council For The Arts & Humanities Odessa, TX | $326,485 | $1,125,554 |