Frisco Association For The Arts
- Assets
- $48.6k
- Revenue
- $167.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Frisco, TX
- Founding
- 12/2002
- Data as of
- 12/2022
- EIN
- 75-2798817
Organization Overview
Frisco Association For The Arts is located in Frisco, TX. The organization was established in 2002. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frisco Association For The Arts is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2019, Frisco Association For The Arts has awarded 39 individual grants totaling $352,725. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD A STRONGER COMMUNITY WITH THE ARTS THROUGH ADVOCACY, OUTREACH, AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTS TOURISM GRANT: NONPROFIT ARTS ORGANIZATIONS WHO OFFER QUALITY PROGRAMS BENEFITING THE CITIZENS OF FRISCO AND INCREASING ARTS TOURISM TO FRISCO QUALIFY FOR THE ANNUAL ARTS TOURISM GRANTS. THE FUNDING FOR THESE GRANTS COMES FROM A PERCENTAGE OF THE HOTEL OCCUPANCY TAX, PAID FOR BY VISITORS TO FRISCO AND APPROVED BY THE FRISCO CITY COUNCIL. THE CITY OF FRISCO'S ARTS TOURISM GRANT IS MANAGED BY FRISCO ARTS FOUNDATION. FRISCO ARTS WALK AND RUN: SUPPORT THE ARTS AND GET HEART HEALTHY AT THE 3RD ANNUAL FRISCO ARTS WALK AND RUN!! THIS FAMILY-FRIENDLY, IMMERSIVE ARTS-THEMED 5K TAKES PLACE ALONG THE BEAUTIFUL GROUNDS OF HALL PARK IN FRISCO, TX. RUNNERS WILL BE SURROUNDED BY THE INSPIRING, AWARD-WINNING SCULPTURES OF THE HALL COLLECTION, AND THE ROUTE WILL INCLUDE POP-UP MUSIC, ART, THEATRE, AND DANCE FROM OUR LOCAL ARTS COMMUNITY! EVERYONE WILL RECEIVE AN ARTS-THEMED FINISHER MEDAL, AND TOP RACE WINNERS WILL RECEIVE A UNIQUE ART PIECE DESIGNED BY LOCAL ARTISTS.LADIES WHO LAUNCH GRANT PROGRAM: WE RECOGNIZE WOMEN AS CAPABLE AND DRIVEN ENTREPRENEURS WITH GREAT POTENTIAL FOR SUCCESS IN THE COMPETITIVE MARKETPLACE. WE CELEBRATE WOMEN IN BUSINESS AND WELCOME THE POSITIVE IMPACT SMALL BUSINESSES IN THE ARTS HAVE IN OUR COMMUNITY. THIS GRANT IS FUNDED BY GENEROUS DONORS OF THE FRISCO ARTS FOUNDATION. WE HOSTED A GRANT CELEBRATION FOR OUR WINNERS IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Huff Director | Trustee | 1 | $0 |
Karen White Chairman | OfficerTrustee | 1 | $0 |
Will Odom Vice Chairman | OfficerTrustee | 1 | $0 |
Donna Schmittler Secretary | OfficerTrustee | 1 | $0 |
Elizabeth Morrow Director | Trustee | 1 | $0 |
Will Pearce Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $100,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,933 |
| Noncash contributions included in lines 1a–1f | $1,270 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,933 |
| Total Program Service Revenue | $19,256 |
| 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 | $167,189 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| Grants and other assistance to domestic individuals. | $5,120 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,065 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,700 |
| Advertising and promotion | $1,120 |
| Office expenses | $409 |
| Information technology | $5,614 |
| Royalties | $0 |
| Occupancy | $9,608 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $3,250 |
| Total functional expenses | $169,357 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,591 |
| 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 | $0 |
| Total assets | $48,591 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $23,761 |
| 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 | $23,761 |
| Net assets without donor restrictions | $24,830 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $48,591 |
Grants Awarded
Over the last fiscal year, Frisco Association For The Arts has awarded $69,325 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ASTRAIOS CHAMBER MUSIC PURPOSE: general support | $6,300 |
FRISCO ASSOCIATION FOR THE AR PURPOSE: general support | $9,125 |
FRISCO COMMUNITY THEATRE DBA PURPOSE: general support | $14,000 |
MELODY OF HOPE PURPOSE: general support | $6,500 |
NORTH TEXAS PERFORMING ARTS - PURPOSE: general support | $6,500 |
PLANO SYMPHONY ORCHESTRA PURPOSE: general support | $8,000 |