Islamic Arts Society
- Assets
- $104.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spring, TX
- Founding
- 02/2017
- Data as of
- 12/2021
- EIN
- 81-2070981
Organization Overview
Islamic Arts Society is located in Spring, TX. The organization was established in 2017. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Islamic Arts Society 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 12/2021, Islamic Arts Society generated $35.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (53.0%) each year. All expenses for the organization totaled $23.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (45.8%) per year over the past 2 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
MANAGING AND PROMOTING ISLAMIC ART FESTIVAL, INVITING VARIOUS LOCAL ARTISTS AND EXHIBITING THEIR WORK. HELPING ARTISITS TO REACH THE PUBLIC TO DISPLAY AND SELL THEIR ART.
MANAGING AND PROMOTING ISLAMIC ART FESTIVAL, INVITING VARIOUS LOCAL ARTISTS AND EXHIBITING THEIR WORK. HELPING ARTISITS TO REACH THE PUBLIC TO DISPLAY AND SELL THEIR ART.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ather Jamil Director | 0 | $0 | |
Khawaja Azimuddin Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,289 |
| Total Program Service Revenue | $13,730 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,019 |
| 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 | $1,144 |
| Occupancy, rent, utilities, and maintenance | $2,853 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,450 |
| Total expenses | $23,888 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $104,184 |
| Other assets | $0 |
| Total assets | $104,185 |
| Total liabilities | $0 |
| Net assets or fund balances | $104,185 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Islamic Arts Society has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Shah Private Foundation Spring, TX PURPOSE: CHARITY | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dallas Contemporary Dallas, TX | $3,580,432 | $1,729,811 |
Louisiana Art And Science Museum Inc Baton Rouge, LA | $6,561,733 | $3,010,375 |
Kid Smart New Orleans, LA | $1,431,671 | $1,483,541 |
Glass Control Inc Emp Ben Tr Lubbock, TX | $187,823 | $1,183,121 |
Ballroom Cultural Arts Foundation Marfa, TX | $1,422,501 | $1,165,140 |
Gil And Dody Weaver Foundation Dallas, TX | $0 | $964,218 |
Fotofest Inc Houston, TX | $1,959,929 | $2,155,129 |
Interform Springdale, AR | $499,617 | $931,526 |
Inspiration Point Fine Arts Colony Inc Eureka Springs, AR | $3,726,831 | $2,341,148 |
Dallas Spark Dallas, TX | $494,166 | $779,653 |
Valere B Potter Trust Uw Dallas, TX | $5,062,926 | $695,206 |
Creative Arts Center Of Dallas Dallas, TX | $609,840 | $730,284 |