Red Salmon Arts EIN 74-2940343 Form 990 (PDF) Claim this org

Red Salmon Arts

Not yet claimed Claim this org →

Creates literary and cultural events for the public. For fiscal year 2024 it reported $294K in revenue, $326K in expenses, and $32K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Austin, TX
Website
www.resistenciabooks.com
Filings
5 on file (2020–2024)
Revenue
$294KFY2024
Expenses
$326K
Net assets
$32K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  74-2940343 Public charity (501(c)(3)) Austin, TX
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Red Salmon Arts claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Creates literary and cultural events for the public.
Leadership
Lilia Rosas · Executive Dir. · $63K
Money in and out
$294K revenue, $326K expenses
Bottom line
82% program efficiency
Where the money goes · FY2024
Total revenue
$294K
Pt VIII · Ln 12
Total expenses
$326K
Pt IX · Ln 25
Net assets
$32K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$33K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.09 Fundraising $0.09
Program efficiency
82%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
1.2mo
months of highly liquid reserves at operating expense rate▼ -68% vs prior filing year
Surplus margin
-11%
revenue over expenses, this year▼ -187% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$294K
FY2024▲ +25%
Expenses
$326K
FY2024▲ +59%
Total assets
$32K
FY2024▼ -50%
Total liabilities
$0
FY2024
Total revenue
$294K
Pt VIII · Ln 12
Total expenses
$326K
Pt IX · Ln 25
Net assets
$32K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$33K
Total assetsPt X · Ln 16$32K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $267K of program spending, described in the organization's own filed words · FY2023.
01

Educational programming for minorities, at-risk youth of color, and underserved communities in the austin, TX area.

$267Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRed Salmon Arts
EINHdr · item D74-2940343
Principal addressHdr · item CAustin, TX
WebsiteHdr · item Jwww.resistenciabooks.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFAug 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Dir.
$62,700Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Lilia Rosas$62,700$30,100
Lilia Rosas$40,000$40,000$31,200

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 Red Salmon Arts executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$264K · 90%
Program service revenue$28K · 10%
Contributions & grants90%$264K
Program service revenue10%$28K
Investment income$5
Other revenue$750
Total revenueLn 12$294K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.09 Fundraising $0.09
Program services82%$267K
Management & general9%$30K
Fundraising9%$30K
Total functional expensesLn 25$326K

Balance Sheet

Part X · end of year
CashLn 1$32K
Total assetsLn 16$32K
Total liabilitiesLn 26$0
Total net assetsLn 32$32K
Months of cash on handcomputed1.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $32K · Operating expenses/yr $326K
1.2 months
Where the money goes
Program services
Program services $267K · Total expenses $326K
82%
Management & General
Management & general $30K · Total expenses $326K
9%
Fundraising
Fundraising $30K · Total expenses $326K
9%
Cost to raise $1
Fundraising expense (3-yr avg) $17K · Solicited contributions (3-yr avg) $285K
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $264K · Total revenue $294K
90%
Government reliance
Government grants — · Total revenue $294K
Earned-income share
Program service revenue $28K · Total revenue $294K
10%
Investment reliance
Investment income $5 · Total revenue $294K
<0.01%
Program self-sufficiency
Program service revenue $28K · Total expenses $326K
9%
Growth & trend
Revenue growth (YoY)
This year $294K · Prior year $235K
+25%
Revenue CAGR
FY2019 $456K · FY2023 $294K
-10%
Net-asset trend (YoY)
End of year $32K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $294K · Expenses $326K
-11%
Liabilities-to-Assets
Total liabilities — · Total assets $32K
Net-asset ratio
Net assets $32K · Total assets $32K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $32K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Lilia Rosas · Reported title EXECUTIVE DIR. · Highest reported compensation $63K · Total expenses $326K
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $94K · Total expenses $326K
29%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 9%
Fundraising cost ratio 11%
Revenue growth 25%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$102K
See all 4 funders →
Grants paid · 1 grant · $24K · 2023–2023
Unitemized GrantFY2023$24,500

Similar Organizations

Closest in mission — by what they do
See all organizations like Red Salmon Arts →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$294K revenue · viewing · ⤓ 990 PDF
FY2023$235K revenue · ⤓ 990 PDF
FY2022$390K revenue · ⤓ 990 PDF
FY2021$443K revenue · ⤓ 990 PDF
FY2020$456K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.