DALLAS ARTS DISTRICT FOUNDATION

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

DALLAS, TX

Total Revenue
$909,438
Total Expenses
$952,928
Total Assets
$485,476
Net Assets
$485,476
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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
LILY CABATU WEISS
Phone
2147446639
Tax Period
2024-01-01 to 2024-12-31

DALLAS ARTS DISTRICT FOUNDATION, founded in 1984, is a small nonprofit in the Arts, Culture & Humanities sector that reported $909K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

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.

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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 (2024)

Revenue Breakdown

Contributions & Grants $868,755
Program Service Revenue $40,683
Investment Income $0
Other Revenue $0
TOTAL REVENUE $909,438

Expense Breakdown

Grants Paid $16,675
Salaries & Benefits $241,610
Fundraising Expenses $86,057
Program Expenses $733,215
Other Expenses $694,643
TOTAL EXPENSES $952,928

Year-over-Year Comparison

2024 2023 Change
Revenue $909,438 $771,088 +0.2%
Expenses $952,928 $742,805 +0.3%
Net Income $-43,490 $28,283 -2.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
25
Independent Members
24
Employees
2
Volunteers
40

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
$173,518
Total Directors
24
$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
$173,518 $0 $173,518
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
GARRY 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
AGUSTIN ARTEAGA BOARD MEMBER 1.00
Director
$0 $0 $0
FATHER JESUS BELMONTES 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
DR LUCRETIA FACEN BOARD MEMBER 1.00
Director
$0 $0 $0
GRAHAM GREENE BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTINA KIRKENAER-HART BOARD MEMBER 1.00
Director
$0 $0 $0
KIM NOLTEMY BOARD MEMBER 1.00
Director
$0 $0 $0
MARTINE PHILIPPE BOARD MEMBER 1.00
Director
$0 $0 $0
MAURA SCHEFFLER BOARD MEMBER 1.00
Director
$0 $0 $0
LINDA SILVER 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
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
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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