DALLAS ARTS DISTRICT FOUNDATION

EIN: 751970472 501(c)(3) Arts, Culture & Humanities

DALLAS, TX

Total Revenue
$649,233
Total Expenses
$752,881
Total Assets
$381,828
Net Assets
$381,828
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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
WARREN TRANQUADA
Phone
2147446639
Tax Period
2025-01-01 to 2025-12-31

DALLAS ARTS DISTRICT FOUNDATION, founded in 1984, is a small nonprofit in the Arts, Culture & Humanities sector that reported $649K in total revenue in fiscal year 2025. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $753K exceeded revenue, resulting in a 16% operating deficit.

Mission

THE DALLAS ARTS DISTRICT IS A COALITION OF ARTISTIC, EDUCATIONAL, AND COMMERCIAL NEIGHBORS THAT WORK TOGETHER TO ELEVATE THE CITYS CREATIVE AND ECONOMIC LIFE THROUGH THE SUPPORT OF A VIBRANT, DIVERSE, AND SUSTAINABLE ARTS DISTRICT THROUGH ADVOCACY, PROGRAMS AND EVENTS, AND SUSTAINABLE DESIGN.

Program Service Accomplishments

Program 1
Expenses: $225,975 Revenue: $0

PLANNING: THE ORGANIZATION COLLABORATES WITH THE CITY OF DALLAS ON APPROVED BOND IMPROVEMENTS THAT FOLLOWS THE PRIORITIES OF THE CONNECTION PLAN, AN INFRASTRUCTURE MASTER PLAN THAT PROMOTES SAFETY...

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PLANNING: THE ORGANIZATION COLLABORATES WITH THE CITY OF DALLAS ON APPROVED BOND IMPROVEMENTS THAT FOLLOWS THE PRIORITIES OF THE CONNECTION PLAN, AN INFRASTRUCTURE MASTER PLAN THAT PROMOTES SAFETY, CONNECTIVITY, AND ACCESSIBILITY WITH STRONG URBAN DESIGN IN A MULTIMODAL NEIGHBORHOOD.

Program 2
Expenses: $298,295 Revenue: $0

MARKETING AND EVENTS: THE ORGANIZATION PROVIDES MARKETING AND PROMOTIONAL SUPPORT TO ITS MEMBERS THROUGH THE CREATION OF THE DALLAS ARTS DISTRICT VISITOR GUIDE, COMMUNITY OUTREACH AND FREE PUBLIC...

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MARKETING AND EVENTS: THE ORGANIZATION PROVIDES MARKETING AND PROMOTIONAL SUPPORT TO ITS MEMBERS THROUGH THE CREATION OF THE DALLAS ARTS DISTRICT VISITOR GUIDE, COMMUNITY OUTREACH AND FREE PUBLIC PROGRAMMING INCLUDING THE ARTS DISTRICT SIGNATURE BLOCK PARTIES, THE MONTHLY NEWLETTER AND THROUGH THE ROBUST SOCAIL MEDIA PLATFORMS.

Program 3
Expenses: $32,360 Revenue: $0

GRANTS PROGRAM: IN 2025, THE GRANTS PROGRAM WAS PAUSED BRIEFLY, THOUGH PREPARATION AND PLANNING WORK WAS DONE TO PREPARE FOR THE RETURN OF THE PROGRAM IN 2026 TO LOCAL ARTS AND CULTURAL ORGANIZATION...

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GRANTS PROGRAM: IN 2025, THE GRANTS PROGRAM WAS PAUSED BRIEFLY, THOUGH PREPARATION AND PLANNING WORK WAS DONE TO PREPARE FOR THE RETURN OF THE PROGRAM IN 2026 TO LOCAL ARTS AND CULTURAL ORGANIZATION FOR INNOVATIVE PROGRAMS.

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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 $634,900
Program Service Revenue $14,333
Investment Income $0
Other Revenue $0
TOTAL REVENUE $649,233

Expense Breakdown

Grants Paid $0
Salaries & Benefits $261,705
Fundraising Expenses $68,383
Program Expenses $556,630
Other Expenses $491,176
TOTAL EXPENSES $752,881

Year-over-Year Comparison

2025 2024 Change
Revenue $649,233 $909,438 -0.3%
Expenses $752,881 $952,928 -0.2%
Net Income $-103,648 $-43,490 +1.4%
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
21
Independent Members
21
Employees
3
Volunteers
7

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
$201,871
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LILY CABATU WEISS EXECUTIVE DIRECTOR 50.00
Officer
$201,871 $0 $201,871
JILL MAGNUSON BOARD CHAIR 4.00
Officer Director
$0 $0 $0
WARREN TRANQUADA VICE CHAIR 2.50
Officer Director
$0 $0 $0
KIT SAWERS SECRETARY 1.00
Officer Director
$0 $0 $0
CAROLINE KIM TREASURER 2.50
Officer Director
$0 $0 $0
CHARLES SANTOS BOARD MEMBER 1.00
Director
$0 $0 $0
KYMBERLEY SCALIA BOARD MEMBER 1.00
Director
$0 $0 $0
EVAN SHEETS BOARD MEMBER 1.00
Director
$0 $0 $0
GARY WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN MORIARTY BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE MILLER BURNS BOARD MEMBER 1.00
Director
$0 $0 $0
TAMERA WOOTTON FORSYTHE BOARD MEMBER 1.00
Director
$0 $0 $0
REV MITCHELL BOONE BOARD MEMBER 1.00
Director
$0 $0 $0
IAN DERRER BOARD MEMBER 1.00
Director
$0 $0 $0
ZENETTA DREW BOARD MEMBER 1.00
Director
$0 $0 $0
REV KANTRICE ROBINSON BOARD MEMBER 1.00
Director
$0 $0 $0
GRAHAM GREENE BOARD MEMBER 1.00
Director
$0 $0 $0
KC HURST BOARD MEMBER 1.00
Director
$0 $0 $0
SKIP SIMPSON BOARD MEMBER 1.00
Director
$0 $0 $0
SARA TERRY BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTINA KIRKENAER-HART BOARD MEMBER - NON VOTING 1.00
Director
$0 $0 $0
MARINE ELYSE PHILIPPE BOARD MEMBER - NON VOTING 1.00
Director
$0 $0 $0
MAURA SHEFFLER BOARD MEMBER 1.00
Director
$0 $0 $0
FATHER JESUS BELMONTES BOARD MEMBER 1.00
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
2025 $649,233 $752,881 $381,828 $-103,648
2024 $909,438 $952,928 $485,476 $-43,490
2023 $771,088 $742,805 $528,966 $28,283
2022 $706,287 $567,009 $500,683 $139,278
2021 $543,899 $640,894 $844,162 $-96,995
2020 $768,348 $741,891 $854,223 $26,457
2019 $822,551 $671,259 $863,317 $151,292
2018 $624,712 $747,478 $734,279 $-122,766
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