Austin Creative Alliance FY2022 filing

Tax-deductible

Austin, TX501(c)(3)Arts & CultureEIN 74-2140348

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The mission of Austin Creative Alliance is to advance, connect, and celebrate Austin's arts, culture, and creative communities in order to nourish and strengthen the character, quality of life, and economic prosperity of our region.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
$30K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $8K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$30K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
11
named funders · $202K
Looks good: 11 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$524K
117% of total assets
Concern: liabilities are 117% of assets; over 80%.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$640K
-29% vs prior year
Spent
$874K
To programs
91%
Net assets
−$77K
By yearFY2020–FY2024
Revenue
$640K
FY2022▼ -29%
Revenue by fiscal year
FY2020$1.2M
FY2021$898K
FY2022$640K
FY2023$1.1M
FY2024$2.8M
Expenses
$874K
FY2022▲ +7%
Expenses by fiscal year
FY2020$1.2M
FY2021$813K
FY2022$874K
FY2023$1.2M
FY2024$2.5M
Net assets
−$77K
FY2022▼ -55405%
Net assets by fiscal year
FY2020$141
FY2021$140
FY2022−$77K
FY2023−$172K
FY2024$68K

From the FY2022 Form 990 (year ending September 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1981.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $793K Management & general 7% · $61K Fundraising 2% · $19K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $30K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$30,000Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

John Riedie’s $30K as CEO is at the 2nd percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
John Riedie$30,000$30,000$30,000$30,000$30,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Austin Creative Alliance executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports Austin's arts, culture, and creative communities to enrich the region's life and economy.

Provided by the organization

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1 program service account for $793K of program spending, described in the organization's own filed words · FY2021.
01

Program/Services/Accomplishments

Professional development seminars, community building events, public forums. ACA produces educational programming and teaches business & entrepreneurial skllls to the art and creative sectors in two tracks: (1) covering professional management and economic gain for individual artists for the nonprofit sector, and (2) covering…

$793Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 11 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$640K
Ln 12
Fees for servicesLn 2g$493K
Gifts and grantsLn 1h$111K
Other incomeLn 4–11$36K
Money outPt IX
$874K
Ln 25
Programscol B$793K
Managementcol C$61K
Fundraisingcol D$19K
Owns and owesPt X
−$77K
net assets · Ln 32
Cash and savingsLn 1–2$416K
Total assetsLn 16$446K
LiabilitiesLn 26$524K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$111K
Government grantsLn 1e$84K
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$493K
Other incomeLn 4–11$36K
Gains on assetsLn 7$0
Total revenueLn 12$640K
Assets in detailPt X, end of year
CashLn 1$383K
SavingsLn 2$33K
Cash and savings togetherLn 1–2$416K
InvestmentsLn 11–13$0
Other assetsLn 15$978
Total assetsLn 16$446K
LiabilitiesLn 26$524K
Net assetsLn 32−$77K
OperationsPt I, VI
EmployeesI 535
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$592K$416K
InvestmentsLn 11–13$0$0
Total assetsLn 16$531K$446K
LiabilitiesLn 26$531K$524K
Net assetsLn 32$140−$77K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$73K$55K$14K$4K
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$130K$117K$10K$3K
Pension plan contributionsLn 8$52K$42K$8K$3K
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$32K$25K$5K$2K
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$0$0$0$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$1K$1K$195$65
Advertising and promotionLn 12$54K$43K$8K$3K
Office expensesLn 13$11K$9K$2K$574
Information technologyLn 14$7K$6K$1K$361
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$71K$57K$11K$4K
TravelLn 17$320$256$48$16
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$2K$1K$246$82
InterestLn 20$3$2$1$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$15K$12K$2K$736
Other expenses (24a–d)Ln 24$426K$425K$900$300
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$874K$793K$61K$19K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.8M$2.5M$240K$68K 990 PDF
FY2023 $1.1M$1.2M−$99K−$172K 990 PDF
FY2022 Viewing $640K$874K−$234K−$77K 990 PDF
FY2021 $898K$813K$84K$140 990 PDF
FY2020 $1.2M$1.2M$45K$141 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $640,300 across 15 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$11,593
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$84,405
VIII-1f All other contributions, gifts and grants$14,866
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$110,864
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $493,342 · Unrelated business $0 · Excluded from tax $0$493,342
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $36,094 · Unrelated business $0 · Excluded from tax $0$36,094
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $529,436 · Unrelated business $0 · Excluded from tax $0$640,300
Part IX · Statement of functional expenses $873,827 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $55,176 · Management $13,794 · Fundraising $3,630$72,600
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $116,781 · Management $9,684 · Fundraising $3,228$129,693
IX-8 Pension plan contributionsPrograms $41,616 · Management $7,803 · Fundraising $2,601$52,020
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $25,425 · Management $4,767 · Fundraising $1,589$31,781
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $1,040 · Management $195 · Fundraising $65$1,300
IX-12 Advertising and promotionPrograms $42,876 · Management $8,043 · Fundraising $2,678$53,597
IX-13 Office expensesPrograms $9,179 · Management $1,721 · Fundraising $574$11,474
IX-14 Information technologyPrograms $5,777 · Management $1,083 · Fundraising $361$7,221
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $57,040 · Management $10,695 · Fundraising $3,566$71,301
IX-17 TravelPrograms $256 · Management $48 · Fundraising $16$320
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $1,311 · Management $246 · Fundraising $82$1,639
IX-20 InterestPrograms $2 · Management $1 · Fundraising $0$3
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $11,788 · Management $2,209 · Fundraising $736$14,733
IX-24 Other expenses (24a–d)Programs $424,945 · Management $900 · Fundraising $300$426,145
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $793,212 · Management $61,189 · Fundraising $19,426$873,827
Part X · Balance sheet $446,194 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $576,784$383,044
X-2 Savings and temporary cash investmentsStart of year $14,996$32,998
X-3 Pledges and grants receivableStart of year −$63,975$0
X-4 Accounts receivableStart of year $0$26,574
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $2,600$2,600
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $1,000$978
X-16 Total assetsStart of year $531,405$446,194
X-17 Accounts payable and accrued expensesStart of year $31,365$23,721
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $531,265$523,621
X-32 Total net assets or fund balancesStart of year $140−$77,427
X-33 Total liabilities and net assetsStart of year $531,405$446,194
Part XI · Reconciliation of net assets −$77,427 net assets at year end
XI-1 Total revenue$640,300
XI-2 Total expenses$873,827
XI-3 Revenue less expenses−$233,527
XI-4 Net assets at start of year$140
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$155,960
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$77,427

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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