Texas Folklife Resources

EIN: 742360058 501(c)(3) Arts, Culture & Humanities

Austin, TX

Total Revenue
$385,489
Total Expenses
$997,493
Total Assets
$2,611,021
Net Assets
$2,506,483
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
TX
Principal Officer
Elisha Oliver
Phone
2142822774
Tax Period
2025-01-01 to 2025-12-31

Texas Folklife Resources, founded in 1984, is a small nonprofit in the Arts, Culture & Humanities sector that reported $385K in total revenue in fiscal year 2025. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $997K exceeded revenue, resulting in a 159% operating deficit.

Mission

Texas Folklife is a statewide nonprofit dedicated to preserving and presenting the diverse living heritage of Texas. It cultivates promotes and sponsors the folk and traditional arts folklore and folk life of Texas through research documentation public presentations education programs exhibitions and community partnerships.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $279,451
Program Service Revenue $14,520
Investment Income $91,518
Other Revenue $0
TOTAL REVENUE $385,489

Expense Breakdown

Grants Paid $3,200
Salaries & Benefits $471,762
Fundraising Expenses $72,993
Program Expenses $698,605
Other Expenses $522,531
TOTAL EXPENSES $997,493

Year-over-Year Comparison

2025 2024 Change
Revenue $385,489 $3,970,130 -0.9%
Expenses $997,493 $863,777 +0.2%
Net Income $-612,004 $3,106,353 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
6
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$110,000
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeff Jackson Vice-Chair 0.50
Officer Director
$0 $0 $0
Linda Ho Peche Board Chair 2.00
Officer Director
$0 $0 $0
Sean Hale Treasurer 0.50
Officer Director
$0 $0 $0
Lisa Marie Avendano Member 1.00
Director
$0 $0 $0
Tom Ellis Member 0.50
Director
$0 $0 $0
Courtney DeBower Secretary 1.00
Officer Director
$0 $0 $0
Pat Bywaters Member 1.00
Director
$0 $0 $0
Doug May Member 0.50
Director
$0 $0 $0
Elisha Oliver Executive Director 65.00
Officer
$110,000 $0 $110,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $385,489 $997,493 $2,611,021 $-612,004
2024 No data No data No data No data
2023 $428,750 $485,725 $522,410 $-56,975
2022 $441,088 $596,595 $434,314 $-155,507
2021 $653,773 $641,807 $662,734 $11,966
2020 $531,607 $456,353 $636,786 $75,254
2019 $501,077 $525,377 $569,759 $-24,300
2018 $480,767 $493,581 $627,483 $-12,814
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