Texas Art Education Foundation
- Assets
- $165.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 11/2018
- EIN
- 81-4322669
Organization Overview
Texas Art Education Foundation is located in Dallas, TX. The organization was established in 2018. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Texas Art Education Foundation 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 undefined, Texas Art Education Foundation generated $44.1k 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 (18.4%) each year. All expenses for the organization totaled $10.5k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (21.3%) per year over the past 5 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
Describe the Organization's Program Activity:
Part 3
THE TEXAS ART EDUCATION FOUNDATION ADMINISTERS SCHOLARSHIPS AND GRANT PROGRAMS FOR THE MEMBERSHIP OF THE TEXAS ART EDUCATION ASSOCIATION.1. DALE BATTLE CONFERENCE SCHOLARSHIP AWARDED TO A FIRST-YEAR ART EDUCATOR TO ATTEND ANNUAL CONFERENCE - $300 SCHOLARSHIP (1-3 RECIPIENTS ANNUALLY DEPENDING ON APPLICATIONS AND FUNDS)2. MEMORIAL SCHOLARSHIPS AWARDED TO PRE-SERVICE UNIVERSITY STUDENTS PURSUING ART EDUCATION AS THEIR FOCUS - $1000 SCHOLARSHIPS (1-7 RECIPIENTS ANNUALLY DEPENDING ON APPLICATIONS).3. MEMBERSHIP GRANTS AWARDED TO TAEA MEMBERS TO FURTHER RESEARCH, PROFESSIONAL LEARNING OR SPECIAL PROJECTS WITH STUDENTS - $500 GRANTS (1-6 RECIPIENTS ANNUALLY DEPENDING ON APPLICATIONS).4. JOEY DOYLE VASE SCHOLARSHIP AWARDED TO A STUDENT WITHIN THE VISUAL ARTS SCHOLASTIC EVENT DURING STATE VASE - $500 SCHOLARSHIP (1 RECIPIENT ANNUALLY)5. JIM HENDERSON SCHOLARSHIP AWARDED TO A STUDENT WITHIN THE VISUAL ARTS SCHOLASTIC EVENT DURING STATE VASE - $500-$1500 SCHOLARSHIP (1-3 RECIPIENTS ANNUALLY)6. CHRISTINA RICH SCHOLARSHIP AWARDED TO A STUDENT WITHIN THE VISUAL ARTS SCHOLASTIC EVENT DURING STATE VASE - $500 SCHOLARSHIP (1 RECIPIENT ANNUALLY)7. VASE OUTSTANDING ARTWORK IN: ELECTRONIC MEDIA / STILL LIFE / EXPRESSIVE / LANDSCAPE SCHOLARSHIP AWARDED TO A STUDENT WITHIN THE VISUAL ARTS SCHOLASTIC EVENT DURING STATE VASE - $500 SCHOLARSHIP (1 RECIPIENT ANNUALLY)8. VASE 2D SCHOLARSHIP AWARDED TO STUDENTS WITHIN THE VISUAL ARTS SCHOLASTIC EVENT DURING STATE VASE VARIOUS AMOUNTS (1-15 RECIPIENTS ANNUALLY)9. VASE 3D SCHOLARSHIP AWARDED TO STUDENTS WITHIN THE VISUAL ARTS SCHOLASTIC EVENT DURING STATE VASE VARIOUS AMOUNTS (1-15 RECIPIENTS ANNUALLY)8. VASE SKETCHBOOK SCHOLARSHIP AWARDED TO STUDENTS WITHIN THE VISUAL ARTS SCHOLASTIC EVENT DURING STATE VASE $100 SCHOLARSHIP (1-15 RECIPIENTS ANNUALLY)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Lowke Chairman | 2 | $0 | |
Sara Chapman Vice Chairman | 1 | $0 | |
Jami Bevans Treasurer | 1 | $0 | |
Tina Farrell Secretary | 1 | $0 | |
Elizabeth Willett Trustee | 1 | $0 | |
Linh Nguyen Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,068 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $67 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,135 |
| Statement of Expenses | |
|---|---|
| Total expenses | $10,497 |
| Balance Sheet | |
|---|---|
| Total assets | $165,705 |
| Total liabilities | $0 |
| Net assets or fund balances | $165,705 |