ARTS COUNCIL OF NORTHEAST TARRANT COUNTY

EIN: 751586473 501(c)(3) Arts, Culture & Humanities

Bedford, TX

Total Revenue
$138,532
Total Expenses
$147,612
Total Assets
$70,120
Net Assets
$24,111
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
TX
Principal Officer
Nansii Downer
Phone
8174128435
Tax Period
2023-01-01 to 2023-12-31

ARTS COUNCIL OF NORTHEAST TARRANT COUNTY, founded in 1975, is a small nonprofit in the Arts, Culture & Humanities sector that reported $139K in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum.

Mission

WITH A VISION OF ACCESS TO THE ARTS FOR ALL, THE MISSION IS TO PROVIDE ARTISTIC, CULTURAL AND EDUCATIONAL OPPORTUNITIES TO IMPROVE THE QUALITY OF LIFE IN THE COMMUNITIES OF NORTH TARRANT COUNTY.

Program Service Accomplishments

Program 1
Expenses: $75,311 Revenue: $0

IN 2023, ARTS COUNCIL NORTHEAST PROVIDED OVER 26 FREE MASTERWORKS CONCERTS THROUGHOUT THE YEAR WITH 3,740 IN ATTENDANCE. THIS PROGRAM EMPLOYS LOCAL AND REGIONAL TALENT IN ADDITION TO CONTRIBUTING TO...

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IN 2023, ARTS COUNCIL NORTHEAST PROVIDED OVER 26 FREE MASTERWORKS CONCERTS THROUGHOUT THE YEAR WITH 3,740 IN ATTENDANCE. THIS PROGRAM EMPLOYS LOCAL AND REGIONAL TALENT IN ADDITION TO CONTRIBUTING TO THE LOCAL ECONOMY AS PEOPLE WHO ATTEND THE CONCERTS FREQUENTLY PATRONIZE LOCAL RESTAURANTS EITHER BEFORE OR AFTER THE CONCERTS. MANY ATTENDEES TOLD OUR EMCEE HOW MUCH THEY ENJOYED, LOOKED FORWARD TO AND APPRECIATED THE CONCERTS.

Program 2
Expenses: $0 Revenue: $0

THE SUMMER ARTS COLLEGE IS A UNIQUE OPPORTUNITY FOR CHILDREN AGES 6-16 TO LEARN WITH SOME OF THE AREA'S TOP ARTISTS. STUDENTS RECEIVE A TASTE OF THE PERFORMING AND VISUAL ARTS.STUDENTS RECEIVE FULL...

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THE SUMMER ARTS COLLEGE IS A UNIQUE OPPORTUNITY FOR CHILDREN AGES 6-16 TO LEARN WITH SOME OF THE AREA'S TOP ARTISTS. STUDENTS RECEIVE A TASTE OF THE PERFORMING AND VISUAL ARTS.STUDENTS RECEIVE FULL OR PARTIAL SCHOLARSHIPS THAT ARE OFFERED SO NO CHILD WILL BE TURNED AWAY. IN 2023 THIS PROGRAM WAS POSTPONED UNTIL THE RECOVERY FROM THE ECONOMIC IMPACT OF THE COVID-19 PANDEMIC IS COMPLETE.

Program 3
Expenses: $23,461 Revenue: $0

THE ART ON WHEELS PROGRAMS BRINGS ART TO INDIVIDUALS WHO ARE UNABLE TO ATTEND ART CLASSES OUTSIDE THEIR LIVING ENVIRONMENT. A TOTAL OF 125 CLASSES WERE HELD IN 2023. THE INSTRUCTORS PROVIDE...

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THE ART ON WHEELS PROGRAMS BRINGS ART TO INDIVIDUALS WHO ARE UNABLE TO ATTEND ART CLASSES OUTSIDE THEIR LIVING ENVIRONMENT. A TOTAL OF 125 CLASSES WERE HELD IN 2023. THE INSTRUCTORS PROVIDE STEP-BY-STEP INSTRUCTIONS AND AT THE END OF THE CLASS, THE PARTICIPANTS EACH HAVE THEIR OWN WORK OF ART THAT THEY CREATED TO KEEP AND TREASURE.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $135,600
Program Service Revenue $0
Investment Income $145
Other Revenue $2,787
TOTAL REVENUE $138,532

Expense Breakdown

Grants Paid $0
Salaries & Benefits $26,356
Fundraising Expenses $13,541
Program Expenses $98,772
Other Expenses $121,256
TOTAL EXPENSES $147,612

Year-over-Year Comparison

2023 2022 Change
Revenue $138,532 $89,928 +0.5%
Expenses $147,612 $86,858 +0.7%
Net Income $-9,080 $3,070 -4.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
1
Volunteers
120

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
0
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANSII DOWNER CHAIR 35
Director
$0 $0 $0
PATRICIA A NOLAN VICE CHAIR 15
Director
$0 $0 $0
MEG FAIRCHILD SECRETARY 5
Director
$0 $0 $0
JOHN LITTLE TREASURER 5
Director
$0 $0 $0
CAMILLE KOERNER BOARD MEMBER 3
Director
$0 $0 $0
DON KLICK BOARD MEMBER 3
Director
$0 $0 $0
DAKOTA TAYLOR BOARD MEMBER 3
Director
$0 $0 $0
DESRA HARRINGTON BOARD MEMBER 3
Director
$0 $0 $0
KEELY PINO BOARD MEMBER 3
Director
$0 $0 $0
DEEANN GRAY BOARD MEMBER 3
Director
$0 $0 $0
KRISTIE HANHART BOARD MEMBER 3
Director
$0 $0 $0
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
2023 $138,532 $147,612 $70,120 $-9,080
2022 $89,928 $86,858 $77,886 $3,070
2021 $94,958 $82,756 $76,136 $12,202
2020 $92,668 $95,113 $50,175 $-2,445
2019 $225,535 $198,594 $87,379 $26,941
2018 $289,690 $291,745 $69,584 $-2,055
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