TEXAS ART EDUCATION ASSOCIATION INC

EIN: 760016192 501(c)(3) Arts, Culture & Humanities

DALLAS, TX

Total Revenue
$1,642,539
Total Expenses
$1,535,957
Total Assets
$2,669,150
Net Assets
$2,669,150
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
TX
Principal Officer
LINH NGUYEN
Phone
9722339107
Tax Period
2024-08-01 to 2025-07-31

TEXAS ART EDUCATION ASSOCIATION INC, founded in 1981, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.6M in total revenue in fiscal year 2024. Expenses of $1.5M left a modest 6% surplus.

Mission

To promote quality visual arts education in Texas by promoting visual arts education as an integral part of the curriculum through professional development of knowledge and skills, representation of the arts educators of Texas, service and leadership opportunities, and research and development of policies and decisions relative to practices and directions in visual arts education; to sustain and advance professional development; to encourage and promote the advancement of knowledge and skills.

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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 $0
Program Service Revenue $1,566,777
Investment Income $75,112
Other Revenue $650
TOTAL REVENUE $1,642,539

Expense Breakdown

Grants Paid $40,400
Salaries & Benefits $59,010
Fundraising Expenses $0
Program Expenses $1,438,207
Other Expenses $1,436,547
TOTAL EXPENSES $1,535,957

Year-over-Year Comparison

2024 2023 Change
Revenue $1,642,539 $1,650,406 0.0%
Expenses $1,535,957 $1,469,626 +0.0%
Net Income $106,582 $180,780 -0.4%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
150

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
10
$54,427
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARA CHAPMAN-thru 425 Executive Dir. 20.00
Officer
$54,427 $0 $54,427
ANGELA COFFEY VP-YAM 1.00
Officer Director
$0 $0 $0
SANDRA NEWTON President ELECT 1.00
Officer Director
$0 $0 $0
MATTHEW WRIGHT Treasurer 1.00
Officer Director
$0 $0 $0
MYRON STENNETT VP-MEMBERSHIP 1.00
Officer Director
$0 $0 $0
LINH NGUYEN President 1.00
Officer Director
$0 $0 $0
BRADY SLOANE-DUNCAN Secretary 1.00
Officer Director
$0 $0 $0
AMBER FORGEY VP ELECT-YAM 1.00
Officer Director
$0 $0 $0
MAUREEN DOEBBLER VP ELECT-MEMBER 1.00
Officer Director
$0 $0 $0
RICIA KERBER-FROM 525 iNT. EXEC. DIR. 20.00
Officer
$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 $1,642,539 $1,535,957 $2,669,150 $106,582
2024 $1,650,406 $1,469,626 $2,562,568 $180,780
2023 $1,299,999 $1,341,414 $2,381,788 $-41,415
2022 $1,388,529 $1,142,141 $2,423,203 $246,388
2021 $927,926 $748,658 $2,176,815 $179,268
2020 $1,266,932 $1,021,812 $1,997,547 $245,120
2019 $1,306,990 $1,214,965 $1,752,427 $92,025
2018 $1,350,624 $1,329,062 $1,660,402 $21,562
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