Imagination Fort Worth
- Assets
- $181.5k
- Revenue
- $332.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Fort Worth, TX
- Founding
- 06/1991
- Data as of
- 06/2022
- EIN
- 75-2392053
Organization Overview
Imagination Fort Worth is located in Fort Worth, TX. The organization was established in 1991. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Imagination Fort Worth employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Imagination Fort Worth 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 06/2022, Imagination Fort Worth generated $332.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $319.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. 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 CREATE AND PROVIDE INNOVATIVE EDUCATIONAL PROGRAMMING FOR STUDENTS BY INTEGRATING DIVERSE ART FORMS WITH CURRICULUM. PROGRAMS ARE HIGH-IMPACT, EVIDENCE-BASED WITH MEASURABLE OUTPUTS AND OUTCOMES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAN EVERYBODY GROWS FRIDAY ENRICHMENT PROGRAM:THIS PROGRAM IS FOR GRADE LEVELS THIRD, FOURTH AND FIFTH.DURING THIS PROGRAM, 12 TEACHING ARTISTS, OFFERING 7 DIFFERENT ART FORMS SERVE 4 ELEMENTARY SCHOOL CAMPUSES PROVIDING 1-HOUR WORKSHOPS. ART FORMS INCLUDE PUPPETRY, BALLET, CULTURAL DANCE, MUSICAL THEATRE, DRAMA, GLASS ART, MURAL PAINTING, AND SEL ARTS. STUDENTS INTERACT AND ENGAGE WITH PROFESSIONAL TEACHING ARTISTS WHO HELP STUDENTS FIND THE JOY OF CREATIVITY WHILE ALSO WORKING ON SOCIAL-EMOTIONAL SKILLS. AT THE END OF THE SIX WEEKS (736 HOURS), STUDENTS PARTICIPATE IN A CULMINATING ARTS EVENT. SERVED 300 STUDENTS; CONTENT AREAS: ART AND SEL
TEXAS ACADEMY OF FIGURATIVE ART: AFTERSCHOOL INTENSIVESERVING GRADE LEVELS ELEVENTH AND TWELFTH, THIS INTENSIVE TWO-WEEK SUMMARY PROGRAM ENCOMPASSES REALIST DRAWING AND PAINTING TECHNIQUES WITH AN EMPHASIS ON DIRECT OBSERVATION. DURING THIS PROGRAM, IMAGINATION FORT WORTH, SID RICHARDSON FOUNDATION, AND R4 FOUNDATION TEAM UP WITH TEXAS ACADEMY OF FIGURATIVE ART TO WORK ONE ON ONE WITH TWELVE HIGH SCHOOL ARTISTS NURTURING STUDENT CONFIDENCE AND ARTISTIC SKILL-SETS. ACCEPTED APPLICANTS RECEIVE PROFESSIONAL INSTRUCTION, VISITING ARTIST LECTURES, PROFESSIONAL ART SUPPLIES, SOCIAL AND EMOTIONAL OPPORTUNITIES AND MORE. NUMBER OF STUDENTS SERVED: 12; CONTENT AREA: ART, COLLEGE AND CAREER READINESS
IMAGINATION TEXAS: A SPECIAL WEEKEND FOR THE DEAF AND HARD OF HEARING - INITIATED IN 1990, THIS UNIQUE PROGRAM BRINGS DEAF AND HARD-OF-HEARING STUDENTS AND THEIR TEACHERS AND SUPPORT STAFF FROM 10 SCHOOLS TO FORT WORTH TO EXPERIENCE 8 HOURS OF PERFORMANCES, WORKSHOPS AND EVENTS BY VISUAL AND PERFORMING ARTISTS WHO ARE DEAF AND HAVE ACHIEVED MAJOR RECOGNITION FOR THEIR TALENT IN BOTH THE DEAF AND HEARING WORLD. THIS PROGRAM CONNECTS SOCIAL-EMOTIONAL LEARNING THROUGH THE ARTS FOR STUDENTS WHO RARELY RECEIVE SUCH EXPERIENCES. SERVED 165 STUDENTS THIS YEAR; CONTENT AREAS: ART, COLLEGE AND CAREER READINESS, SEL, AND TECHNOLOGY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauri Bevan Executive Director | Officer | 40 | $68,735 |
Martha Cox Treasurer | OfficerTrustee | 1 | $0 |
Dionne Bagsby Jones Secretary | OfficerTrustee | 1 | $0 |
Carson Linstead President | OfficerTrustee | 3 | $0 |
Joseph Richards Director | Trustee | 1 | $0 |
Brian Renteria Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $101,694 |
| All other contributions, gifts, grants, and similar amounts not included above | $174,882 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $276,576 |
| Total Program Service Revenue | $56,070 |
| 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 | $332,646 |
| 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. | $68,735 |
| Compensation of current officers, directors, key employees. | $16,496 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,812 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,689 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,599 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,350 |
| Office expenses | $28,643 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,896 |
| Travel | $21,080 |
| 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 | $2,800 |
| Insurance | $9,137 |
| All other expenses | $0 |
| Total functional expenses | $319,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,671 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $103,500 |
| 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 | $4,488 |
| Net Land, buildings, and equipment | $2,800 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $181,459 |
| Accounts payable and accrued expenses | $31,835 |
| 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 | $31,835 |
| Net assets without donor restrictions | $44,624 |
| Net assets with donor restrictions | $105,000 |
| 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 | $181,459 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Imagination Fort Worth has recieved totaling $23,418.
| Awarding Organization | Amount |
|---|---|
Thomas M & Helen Mckee & John P Ryan Foundation Inc Fort Worth, TX PURPOSE: GENERAL ARTS IN EDUCATION PROGRAMMING | $10,000 |
Fort Worth Colonial Charities Inc Fort Worth, TX PURPOSE: CHARITABLE GIVING | $5,418 |
Mary Potishman Lard Trust A Fort Worth, TX PURPOSE: OPERATING SUPPORT | $5,000 |
Fash Foundation Hurst, TX PURPOSE: EDUCATIONPROGRAM | $2,000 |
Don Looney Charitable Trust San Antonio, TX PURPOSE: UNRESTRICTED GRANT | $1,000 |
Endowment Analysis
| Beg. Balance | $121,006 |
| Net Contributions | $120,000 |
| Other Expense | $121,006 |
| Ending Balance | $120,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kimbell Art Foundation Fort Worth, TX | $668,076,057 | $22,208,896 |
Fort Worth Art Association Fort Worth, TX | $70,573,501 | $16,694,058 |
Health Education Learning Project H E L P Fort Worth, TX | $21,809,617 | $21,715,181 |
Texas Advocacy Project Inc Austin, TX | $1,606,192 | $3,119,683 |
Efforts Of Grace Inc New Orleans, LA | $9,750,115 | $6,712,838 |
South Texas Institute For The Arts Corpus Christi, TX | $11,651,943 | $2,742,109 |
Society For Neuro-Oncology Houston, TX | $6,909,260 | $3,914,434 |
Gdiacc Foundation Inc Dallas, TX | $106,516 | $2,129,759 |
Love Station Inc Ponca City, OK | $4,976,987 | $2,048,106 |
Sea Turtle Inc South Padre Island, TX | $11,651,431 | $4,419,765 |
The Walls Project Baton Rouge, LA | $407,630 | $1,770,639 |
Match Midtown Arts & Theater Center Houston Houston, TX | $20,886,964 | $758,825 |