Public Charity

Foundation for the arts

Foundation for the arts is a Public Charity headquartered in dallas, TX. Financial data from the 2024 filing: $6.4M revenue, $920K expenses, $36.6M total assets.

EIN: 756036753 dallas, TX Art Museums NTEE: A51 Latest filing: 2024
Total Revenue$6.4M
Total Expenses$920K
Total Assets$36.6M
Grant Records0
Filing Years2019–2024

Mission

ACQUIRE ART FOR THE DALLAS MUSEUM OF ART

Where $100 goes at Foundation for the arts

How Foundation for the arts divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$78 Programs the work itself
$22 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $78 for programs

$78
Acquire art for the Dallas museum of art and the citizens of Dallas
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Allison Smith
president Cullum Clark
Treasurer Dan Boeckman
Secretary Hamilton Lee
DIRECTOR Lizzie Routman
VICE PRESIDENT Mary Mcdermott Cook

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $6.4M $920K $36.6M
2023 $2.3M $2.5M $29.7M
2022 $1.1M $210K $27.9M
2020 $1.4M $1.9M $29.0M
2019 $1.0M $195K $27.1M

Between 2019 and 2024, reported annual revenue grew from $1.0M to $6.4M (+516%), with total assets most recently reported at $36.6M.

Interactive year-over-year charts and full filing details available with membership.

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