Terrell Alliance For Education And The Arts
- Assets
- $226.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Terrell, TX
- Founding
- 01/2002
- Data as of
- 09/2021
- EIN
- 75-2887144
Organization Overview
Terrell Alliance For Education And The Arts is located in Terrell, TX. The organization was established in 2002. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Terrell Alliance For Education And 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.
For the year ending 09/2021, Terrell Alliance For Education And The Arts generated $52.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $53.8k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO CONNECT THE COMMUNITIES THROUGH THE ARTS AND EDUCATION TO PROVIDE CULTURAL AND EDUCATIONAL ACTIVITIES FOR THE CITIZENS OF TERRELL, TEXAS, AND THE SURROUNDING REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Bedford Treasurer | 0 | $0 | |
Janet Lumpkin Director | 0 | $0 | |
B Michael Chitty President | 0 | $0 | |
Robert Hulsey VP | 0 | $0 | |
Shelley Kolman Smith Director | 0 | $0 | |
Carol Ohmann Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,940 |
| Total Program Service Revenue | $28,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,940 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $34,659 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,159 |
| Total expenses | $53,818 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $226,302 |
| Other assets | $0 |
| Total assets | $226,302 |
| Total liabilities | $5,824 |
| Net assets or fund balances | $220,478 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Arts Council Of Brazos Valley College Station, TX | $3,578,348 | $837,601 |
Brazosport Fine Arts Council Inc Clute, TX | $7,231,625 | $1,825,921 |