Theater District Improvement Inc
- Assets
- $0.0
- Revenue
- $10.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 06/1996
- Data as of
- 12/2020
- EIN
- 76-0492773
Organization Overview
Theater District Improvement Inc is located in Houston, TX. The organization was established in 1996. 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. Theater District Improvement 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 12/2020, Theater District Improvement Inc generated $10.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (69.2%) each year. All expenses for the organization totaled $10.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (69.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Theater District Improvement Inc has awarded 48 individual grants totaling $22,449,163. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THEATER DISTRICT IMPROVEMENT, INC. PROMOTES, ENCOURAGES AND SUSTAINS THE DEVELOPMENT OF ARTS AND CULTURE IN HOUSTON AND HARRIS COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2020, THE THEATER DISTRICT IMPROVEMENT, INC. (TDI) BOARD OF DIRECTORS FILED TO DISSOLVE THE ORGANIZATION. TDI'S PRIMARY ACTIVITY DURING 2020 WAS TO DISTRIBUTE THE 2019 GRANTS PAYABLE TO EIGHT HOUSTON PERFORMING ARTS ORGANIZATIONS AND PREPARE TO CEASE ALL OPERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Perryn Leech Chairman | OfficerTrustee | 1 | $0 |
Dean Gladden Vice Chairman | OfficerTrustee | 1 | $0 |
Jim Nelson Secretary | OfficerTrustee | 1 | $0 |
Brenda Bazan Director | Trustee | 1 | $0 |
Meg Booth Director | Trustee | 1 | $0 |
Toni Capra Director | Trustee | 1 | $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 | $10,220 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,220 |
| Total Program Service Revenue | $0 |
| Investment income | $120 |
| 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 | $10,340 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $120 |
| 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. | $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 | $10,220 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Total functional expenses | $10,340 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Theater District Improvement Inc has awarded $3,789,775 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ALLEY THEATRE PURPOSE: Support arts programs | $499,108 |
DA CAMERA SOCIETY OF TEXAS PURPOSE: Support arts programs | $69,822 |
HOUSTON BALLET PURPOSE: Support arts programs | $781,582 |
HOUSTON GRAND OPERA PURPOSE: Support arts programs | $724,592 |
HOUSTON DOWNTOWN IMPROVEMENT PURPOSE: Promote Theater District | $240,000 |
HOUSTON SYMPHONY SOCIETY PURPOSE: Support arts programs | $842,467 |