Art Launch
- Assets
- $3.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 06/2016
- Data as of
- 12/2023
- EIN
- 81-2773332
Organization Overview
Art Launch is located in Houston, TX. The organization was established in 2016. According to its NTEE Classification (A02) the organization is classified as: Management & Technical Assistance, 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. Art Launch 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 12/2023, Art Launch generated $38.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $46.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
OPERATION OF THE ESCAPIST MENTORSHIP PROGRAM,ARTIST STUDIOS AND TRAINING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John R Palmer Director/chairman | 3 | $0 | |
Richard Jennings Director/secretary | 2 | $0 | |
Julio Montano Director/treasurer | 2 | $0 | |
Frank Munos Director | 1 | $0 | |
Shampa Mukerji Director | 1 | $0 | |
Rosa Pollard Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,304 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,304 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $37,609 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,451 |
| Total expenses | $46,060 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,898 |
| Other assets | $0 |
| Total assets | $3,898 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,898 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Performance Network Inc New Orleans, LA | $11,045,049 | $7,028,211 |
Louisiana Infrastructure Technical Assistance Corporation Baton Rouge, LA | $359,885 | $1,500,000 |
3 Day Startup Inc Austin, TX | $3,775 | $604,302 |
Tulsa Music Incubator Inc Tulsa, OK | $24,418 | $448,931 |
The Tulsa Arts Management Consortium Inc Tulsa, OK | $96,342 | $403,110 |
Carole Kneeland Project For Responsible Television Austin, TX | $769,915 | $154,644 |
Harmony Street Society Baton Rouge, LA | $4,541 | $0 |
Art Launch Houston, TX | $3,898 | $0 |
Houston Accueil Houston, TX | $90,518 | $0 |
Oklahoma Indian Arts & Crafts Cooperative Anadarko, OK | $19,601 | $0 |
Dart Music International Austin, TX | $31 | $0 |