Preservation Austin FY2022 filing

Tax-deductible

Austin, TX501(c)(3)Since 1953Arts & CultureEIN 74-6060685Revenue $459K in FY2022

On file with the IRSpreservationaustin.orgPo Box 2113, 78768-2113 · Austin, TXTax-exempt since Jun 1955Publicly supported charity — 170(b)(1)(A)(vi)

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Preservation Austin exists to empower austinites to shape a more inclusive, resilient, and meaningful community culture through Preservation.

501(c)(3) charity; gifts are tax-deductible.
61¢ of each $1 spent went to programs.
$73K 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 990-TIndependent: 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
FY2025
latest Form 990-T
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $345K a year · 40% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
61%
of spending
Worth a look: 61% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$73K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$920K
49% of total assets
Looks good: liabilities are 49% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$459K
-5% vs prior year
Spent
$476K
To programs
61%
Net assets
$949K
By yearFY2020–FY2025
Revenue
$459K
FY2022▼ -5%
Tap a bar for its year
Revenue by fiscal year
FY2020$279K
FY2021$483K
FY2022$459K
FY2023$557K
FY2024$1.6M
FY2025$1.9M
Expenses
$476K
FY2022▲ +41%
Tap a bar for its year
Expenses by fiscal year
FY2020$326K
FY2021$337K
FY2022$476K
FY2023$592K
FY2024$696K
FY2025$723K
Net assets
$949K
FY2022▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2020$788K
FY2021$1.1M
FY2022$949K
FY2023$942K
FY2024$1.7M
FY2025$2.9M

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

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1955.

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

Where the money goes

61 cents of each dollar spent went to programs.

Program services 61% · $291K Management & general 28% · $132K Fundraising 11% · $54K

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

23 people listed on the 990-T; $73K 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
Executive Di
$72,577Pt VII · Sec A
Imm Past Pre
$0Pt VII · Sec A
President (0
$0Pt VII · Sec A
Pres-Elect (
$0Pt VII · Sec A
1st Vice Pre
$0Pt VII · Sec A
2nd Vice Pre
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Lindsey Derrington’s $103K as Executive Di is at the 35th 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Lindsey Derrington$103,471$91,738$75,620$72,577$70,817$71,541
Katherine Singleton—————$21,970

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.

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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

Empowering Austinites to build a more inclusive, resilient, and meaningful community culture.

Questions for Preservation Austin

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Provided by the organization

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3 programs · $291K · in their own filed words · FY2021
01

Annual programming cultivates community support for preserving austin's historic landmarks, neighborhoods, cultural landscapes, and legacy businesses. Our spring homes tour showcases 21ST century living in historic spaces; the preservation merit awards program celebrates the advocates saving, restoring, and interpreting our city's…

$209Kprogram expense
02

Tangible impacts on our city include preservation austin's matching grant program for education, bricks and mortar, and PLANNING/HISTORIC resource SURVEY/LOCAL historic designation projects. We manage a portfolio of 23 preservation covenants, working with property owners to ensure careful stewardship of their piece of austin history.

$46Kprogram expense
03

Advocacy focuses on educating our community about policy issues with broad implications for historic resources at every level of government. This includes supporting public funding for historic resource surveys and heritage grants; providing technical support for historic zoning efforts; site-specific advocacy to encourage preservation…

$35Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$50K
Grants paid · 8 grants · $80K · 2019–2023
Zeta Phi Beta Sorority INCTX · FY2023$5,500
Unitemized GrantFY2022$21,800
Unitemized GrantFY2021$15,000
Individual RecipientFY2021$8,500
Individual RecipientFY2021$7,500
Unitemized GrantFY2020$9,000

By the numbers

The FY2022 990-T, line by line.

1The main four
Money in
$459K
Gifts and grants$381K
Investment income$47K
Fees for services$31K
Money out
$476K
Programs$291K
Management$132K
Fundraising$54K
Owns and owes
$949K
net assets
Cash and savings$120K
Total assets$1.9M
Liabilities$920K
People
23
listed
Paid1
Voting board21
Independent21
2In more detail
Revenue in detail
Gifts and grants$381K
Government grants$20K
Fees for services$31K
Investment income$47K
Total revenue$459K
Assets in detailEnd of year
Cash and savings together$120K
Total assets$1.9M
Liabilities$920K
Net assets$949K
Operations
Employees4
Volunteers200
Fiscal year endsAugust
Conflict-of-interest policyYes
Whistleblower policyYes
Records policyYes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.9M$723K$1.1M$2.9M 990 PDF
FY2024 $1.6M$696K$881K$1.7M 990 PDF
FY2023 $557K$592K−$35K$942K 990 PDF
FY2022 Viewing $459K$476K−$17K$949K 990 PDF
FY2021 $483K$337K$145K$1.1M 990 PDF
FY2020 $279K$326K−$47K$788K 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

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

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