Taca Inc
- Assets
- $1.5m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 9
- Location
- Dallas, TX
- Founding
- 09/1967
- Data as of
- 05/2023
- EIN
- 75-6061186
Organization Overview
Taca Inc is located in Dallas, TX. The organization was established in 1967. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 05/2023, Taca Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taca Inc 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 05/2023, Taca Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $1.8m during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Taca Inc has awarded 309 individual grants totaling $7,156,250. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT EXCELLENCE AND IMPACT IN THE ARTS THROUGH GRANT MAKING, CAPACITY BUILDING AND THOUGHT LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT EXCELLENCE AND IMPACT IN THE ARTS THROUGH GRANT MAKING, CAPACITY BUILDING AND THOUGHT LEADERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maura Sheffler-From 122022 President & Ed | Officer | 40 | $113,937 |
Lani Burgar Dir-Fin. & Adm. | Officer | 40 | $86,594 |
Terry Loftis-Thru 122022 President & Ed | Officer | 40 | $75,325 |
Tracy Barclay Board Member | Trustee | 0.3 | $0 |
Andy Smith Secretary | OfficerTrustee | 0.3 | $0 |
Jennifer Altabef Board Member | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,173 |
| Fundraising events | $812,428 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,341,231 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,157,832 |
| Total Program Service Revenue | $0 |
| Investment income | $5,165 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$428 |
| Net Income from Fundraising Events | -$152,282 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,010,287 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,011,250 |
| 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. | $260,492 |
| Compensation of current officers, directors, key employees. | $56,733 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $242,380 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,890 |
| Payroll taxes | $46,001 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,704 |
| Advertising and promotion | $0 |
| Office expenses | $8,279 |
| Information technology | $44,996 |
| Royalties | $0 |
| Occupancy | $32,219 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,330 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,165 |
| Insurance | $6,326 |
| All other expenses | $1,330 |
| Total functional expenses | $1,777,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,081,982 |
| Savings and temporary cash investments | $300,000 |
| Pledges and grants receivable | $129,032 |
| 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 | $13,446 |
| Net Land, buildings, and equipment | $10,438 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,534,898 |
| Accounts payable and accrued expenses | $10,501 |
| Grants payable | $417,000 |
| 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 | $427,501 |
| Net assets without donor restrictions | $691,717 |
| Net assets with donor restrictions | $415,680 |
| 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 | $1,534,898 |
Grants Awarded
Over the last fiscal year, Taca Inc has awarded $965,250 in support to 55 organizations.
| Grant Recipient | Amount |
|---|---|
AGORA ARTISTS PURPOSE: ARTS | $12,500 |
AMERICAN BAROQUE OPERA CO PURPOSE: ARTS | $9,000 |
ARTS MISSION OAK CLIFF PURPOSE: ARTS | $20,000 |
ARTSTILLERY PURPOSE: ARTS | $19,000 |
AT&T PERFORMING ARTS PURPOSE: ARTS | $22,500 |
BISHOP ARTS THEATRE CENTER PURPOSE: ARTS | $26,500 |