Babes Fest Inc
- Assets
- $19.5k
- Revenue
- $343.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Austin, TX
- Founding
- 11/2018
- Data as of
- 12/2023
- EIN
- 81-5349740
Organization Overview
Babes Fest Inc, operating under the name Future Front Texas, is located in Austin, TX. The organization was established in 2018. According to its NTEE Classification (R11) the organization is classified as: Single Organization Support, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2023, Future Front Texas employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Future Front Texas 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, Future Front Texas generated $343.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $349.6k during the year ending 12/2023. While expenses have increased by 10.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE GENDER EQUITY IN CREATIVE COMMUNITIES IN TEXAS THROUGH FESTIVALS, MARKETS, EXHIBITIONS, WORKSHOPS AND ARTISTIC PROGRAMMING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDED MANY EDUCATIONAL OPPORTUNITIES TO THE COMMUNITY THROUGH OUR PUBLIC WORKSHOPS, EDUCATIONAL SERIES & CONFERENCES WHICH EXPLORED CREATIVITY, COMMUNITY BUILDING AND RESILIENCE. WE PROVIDED THE COMMUNITY ACCESS TO OUR BLOG, A LIVING COLLECTION OF FREE RESOURCE GUIDES & INTERVIEWS.IN 2023, WE BROUGHT THE FUTURE FRONT HOUSE - A 2500 SQ. FT. COMMUNITY SPACE AT 1900 12TH ST IN HISTORIC DOWNTOWN EAST AUSTIN - TO LIFE. SINCE WEVE OPENED OUR DOORS, THE HOUSE HAS BEEN HOME TO 50 FREE CREATIVE COMMUNITY GATHERINGS, LIKE CERAMIC WORKSHOPS AND FIGURE DRAWING CLUBS.IN 2023, 88 VOLUNTEERS, BOARD MEMBERS, COMMUNITY CURATORS AND COLLABORATORS JOINED US THROUGHOUT THE YEAR TO CONTRIBUTE 850+ HOURS OF SUPPORT TO THE COMMUNITY.(CONTINUED ON SCHEDULE O)
IN 2023, WE PRODUCED THE RETURN OF THE WORK CONFERENCE, AN ANNUAL CREATIVE BUSINESS EDUCATION AND CREATIVE LEADERSHIP EDUCATION CONFERENCE IN AUTIN, TEXAS. DESIGNED FOR AFFORDABILITY AND CULTURALLY RESPONSIVE RESOURCES IN PARTNERSHIP WITH THE UNIVERSITY OF TEXAS AT AUSTIN, THIS PROGRAM SERVED 200 EMERGING, UNDERREPRESENTED CREATIVE LEADERS IN TEXAS.
IN 2023, ACROSS THE FRONT MARKETS SPRING AND FALL SEASONS, WE EXHIBITED 403 INDEPENDENT CREATIVES, DESIGNERS, MAKERS, ARTISTS, SMALL BUSINESS OWNERS AND CHEFS FROM TEXAS. THE PROGRAMS TWO SEASONS OF EXHIBITION WELCOMED MORE THAN 10,000 PUBLIC VISITORS. THE ESTIMATED ECONOMIC IMPACT OF THE PROGRAM SURPASSED $250,000.
THROUGH OUR FESTIVAL, THE FRONT FESTIVAL, WE PROVIDE $10,000+ IN PEFORMANCE AND COMMISSION OPPORTUNITIES TO ARTISTS, WHILE CONNECTING THEM TO NEW FANS AND COMMUNITY MEMBERS. IN 2023, THE FRONT FESTIVAL HAD A RECORD-BREAKING YEAR, WITH 1,600 ATTENDEES SUPPORTING 33 WOMEN AND LGBTQ+ ARTISTS ACROSS FOUR DAYS OF INDEPENDENT MUSIC, FILM AND ART.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Hervey Founding Executive Director | Officer | 45 | $52,939 |
Xochi Solis Board President | OfficerTrustee | 5 | $3,000 |
Leslie Fender Treasurer | OfficerTrustee | 1 | $0 |
Hali Martin Vice President Of Communicati | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,013 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $78,180 |
| All other contributions, gifts, grants, and similar amounts not included above | $153,146 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $243,339 |
| Total Program Service Revenue | $99,450 |
| Investment income | $0 |
| 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 | $236 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $343,025 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,823 |
| 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 | $101,494 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,761 |
| Payroll taxes | $7,454 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $166 |
| Fees for services: Accounting | $4,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $93,480 |
| Advertising and promotion | $6,904 |
| Office expenses | $1,883 |
| Information technology | $12,673 |
| Royalties | $0 |
| Occupancy | $25,588 |
| Travel | $105 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,314 |
| Interest | $464 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $629 |
| All other expenses | $1,507 |
| Total functional expenses | $349,634 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,543 |
| 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 | $19,543 |
| Accounts payable and accrued expenses | $1,223 |
| 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 | $16,028 |
| Other liabilities | $0 |
| Total liabilities | $17,251 |
| 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 | $2,292 |
| Total liabilities and net assets/fund balances | $19,543 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Babes Fest Inc Austin, TX | $19,543 | $343,025 |
North Louisiana Interfaith Shreveport, LA | $114,820 | $0 |
Freedom Of Information Supporting Foundation Austin, TX | $1,696,907 | $67,352 |
Yaqeen Endowment Irving, TX | $32,454,018 | $2,625,918 |
Saving Texas Austin, TX | $356,908 | $280,000 |
Fashionable And Thick Foundation Houston, TX | $0 | $0 |