Historic Southside Incorporated

Organization Overview

Historic Southside Incorporated, operating under the name Near Southside Arts, is located in Fort Worth, TX. The organization was established in 1987. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Near Southside Arts 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, Near Southside Arts generated $454.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

HISTORIC SOUTHSIDE, INC. IS A 501(C)(3) NON-PROFIT ORGANIZATION DEDICATED TO THE ONGOING REDEVELOPMENT OF FORT WORTH'S NEAR SOUTHSIDE AS A VIBRANT, URBAN, MIXED-USE NEIGHBORHOOD. THIS IS ACCOMPLISHED THROUGH THE PRODUCTION OF PUBLIC CULTURAL EVENTS, AND THE IMPLEMENTATION OF TARGETED INITIATIVES THAT INVEST IN PUBLIC SPACES; PROMOTE THE ARTS AND HISTORIC PRESERVATION; EXPAND HOUSING CHOICES; AND INITIATE NEW COMMUNITY PARTNERSHIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY EVENTS - PROVIDING FREE, SAFE ACTIVITIES AND PROMOTING PUBLIC SPACES FOR THE NEAR SOUTHSIDE COMMUNITY, HSI PRODUCES THE ANNUAL ARTSGOGGLE EVENT, FRIDAY ON THE GREEN, AND OPEN STREETS COMMUNITY EVENTS. ARTSGOGGLE BEGAN IN 2002 AS AN INDOOR GALLERY NIGHT AND HAS GROWN INTO A STREET FESTIVAL THAT SPANS A MILE OF NEAR SOUTHSIDE'S PROMINENT MAGNOLIA AVENUE. HIGHLIGHTING LOCAL ARTISTS, THIS FAMILY-FRIENDLY EVENT HOSTS MORE THAN 1,000 VISUAL ARTISTS, 50 MUSICAL PERFORMANCES, ARTISTIC DISPLAYS OF EVERY KIND, FOOD, DRINK, AND FUN FOR EVERYONE. FRIDAY ON THE GREEN IS A FREE, COMMUNITY CONCERT SERIES PRODUCED ANNUALLY IN THE SPRING/FALL AT THE MAGNOLIA GREEN PARK. OPEN STREETS IS A 4-HOUR ANNUAL EVENT THAT CLOSES MAGNOLIA AVENUE TO VEHICLES AND OPENS THE STREETS FOR CYCLISTS, SCOOTERS, STROLLERS, FOOD TRUCKS, DOG WALKERS, SKATEBOARDERS, YOGA CLASSES, FACE PAINTERS AND FREE ACTIVITIES HOSTED BY LOCAL BUSINESSES. OPEN STREETS HAS GROWN TO BE ONE OF THE NEAR SOUTHSIDE'S MOST BELOVED COMMUNITY EVENTS WITH ATTENDANCE IN THE THOUSANDS AND MORE THAN 150 COMMUNITY PARTNERS PROVIDING FREE ACTIVITIES FOR OUR PATRONS.


CARES FUND -


PUBLIC SPACE BEAUTIFICATION - CREATING SPECIAL PLACES FOR PEOPLE IS AN ESSENTIAL COMPONENT OF THE NEAR SOUTHSIDE'S REVITALIZATION AND CONTINUED COMMUNITY DEVELOPMENT. PUBLIC SPACE PROJECTS IN 2022 INCLUDED THE OPENING OF FIRE STATION PARK AND DICKIES SKATE PLAZA, WITH $685,000 RAISED BY OUR ORGANIZATION TOWARD ITS CONSTRUCTION; THE CREATION OF THE SOUTH MAIN SQUEEZE PEDESTRIAN PLAZA, A LEISURE SPACE FOR VISITORS TO SOUTH MAIN VILLAGE; ADDITIONAL ENHANCEMENT TO THE SOUTH MAIN MICROPARK; AND CONTINUED PROGRAMMING OF PUBLIC ART EXHIBITIONS AND MURALS THROUGH OUR ART SOUTH INITIATIVE.


SUMMER SWIM PROGRAM - EACH YEAR HSI ADMINISTERS A GRANT FROM THE RAINWATER CHARITABLE FOUNDATION WHICH PROVIDES FUNDING FOR STRUCTURED SWIMMING LESSONS THROUGH THE CITY OF FORT WORTH PARKS AND COMMUNITY SERVICE DEPARTMENT'S MOBILE RECREATION SUMMER DAY CAMP. HISTORIC SOUTHSIDE, INC. RECEIVES A FEE OF 10% FOR ITS SERVICES ADMINISTERING THE PROGRAM. IN 2022, SEVERAL HUNDRED SWIMMERS PARTICIPATED IN THE PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Brennan
President
$0
Jose Castro
Director
$0
Richard Cervenka
Director
$0
Bruce Davis
Director
$0
Marty Englander
Director
$0
Colleen Fischer
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$344,719
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$344,719
Total Program Service Revenue$109,247
Investment income $223
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 $454,189

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